Operating Margin in % of BEST BUY CO INC from 2016 to Q1 2025

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Best Buy Co Inc quarterly/annual Operating Margin history and change rate from 2016 to Q1 2025.
  • Best Buy Co Inc Operating Margin for the quarter ending 03 May 2025 was 2.82 %, a 23.4% decline year-over-year.
  • Best Buy Co Inc annual Operating Margin for 2024 was 3.04 %, a 16% decline from 2023.
  • Best Buy Co Inc annual Operating Margin for 2023 was 3.62 %, a 6.45% decline from 2022.
  • Best Buy Co Inc annual Operating Margin for 2022 was 3.88 %, a 33.9% decline from 2021.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Change (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Change (%)

BEST BUY CO INC Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q1 2025 2.82 -0.86 -23.4% 02 Feb 2025 03 May 2025
Q4 2024 3.04 -0.58 -16% 03 Nov 2024 01 Feb 2025
Q3 2024 3.8 +0.11 +2.98% 04 Aug 2024 02 Nov 2024
Q2 2024 3.78 +0.13 +3.56% 05 May 2024 03 Aug 2024
Q1 2024 3.68 +0.03 +0.82% 04 Feb 2024 04 May 2024
Q4 2023 3.62 -0.25 -6.45% 29 Oct 2023 03 Feb 2024
Q3 2023 3.7 -0.48 -11.5% 30 Jul 2023 28 Oct 2023
Q2 2023 3.65 -1.03 -22% 30 Apr 2023 29 Jul 2023
Q1 2023 3.64 -1.74 -32.3% 29 Jan 2023 29 Apr 2023
Q4 2022 3.88 -1.99 -33.9% 30 Oct 2022 28 Jan 2023
Q3 2022 4.18 -2.07 -33.1% 31 Jul 2022 29 Oct 2022
Q2 2022 4.68 -1.36 -22.5% 01 May 2022 30 Jul 2022
Q1 2022 5.38 -0.44 -7.56% 30 Jan 2022 30 Apr 2022
Q4 2021 5.87 +0.81 +16% 31 Oct 2021 29 Jan 2022
Q3 2021 6.25 +1.14 +22.3% 01 Aug 2021 30 Oct 2021
Q2 2021 6.04 +1.07 +21.5% 02 May 2021 31 Jul 2021
Q1 2021 5.82 +1.4 +31.7% 31 Jan 2021 01 May 2021
Q4 2020 5.06 +0.46 +9.99% 01 Nov 2020 30 Jan 2021
Q3 2020 5.11 +0.44 +9.42% 02 Aug 2020 31 Oct 2020
Q2 2020 4.97 +0.45 +9.95% 03 May 2020 01 Aug 2020
Q1 2020 4.42 -0.17 -3.71% 02 Feb 2020 02 May 2020
Q4 2019 4.6 +0.17 +3.84% 03 Nov 2019 01 Feb 2020
Q3 2019 4.67 04 Aug 2019 02 Nov 2019
Q2 2019 4.52 05 May 2019 03 Aug 2019
Q1 2019 4.59 03 Feb 2019 04 May 2019
Q4 2018 4.43 04 Nov 2018 02 Feb 2019

BEST BUY CO INC Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2024 3.04 -0.58 -16% 04 Feb 2024 01 Feb 2025
2023 3.62 -0.25 -6.45% 29 Jan 2023 03 Feb 2024
2022 3.88 -1.99 -33.9% 30 Jan 2022 28 Jan 2023
2021 5.87 +0.81 +16% 31 Jan 2021 29 Jan 2022
2020 5.06 +0.46 +9.99% 02 Feb 2020 30 Jan 2021
2019 4.6 +0.17 +3.84% 03 Feb 2019 01 Feb 2020
2018 4.43 +0.06 +1.37% 04 Feb 2018 02 Feb 2019
2017 4.37 -0.33 -7.01% 29 Jan 2017 03 Feb 2018
2016 4.71 31 Jan 2016 28 Jan 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.