How much profit has Best Buy Co made this year?
Best Buy Co has made 1.24 B USD this year.
Best Buy Co Net Income 2024
Best Buy Co Net Income
1.24 B USD
Ticker
BBY
ISIN
US0865161014
WKN
873629
In 2024, Best Buy Co's profit amounted to 1.24 B USD, a -12.54% increase from the 1.42 B USD profit recorded in the previous year.
The Best Buy Co Net Income history
| YEAR | NET INCOME (undefined USD) |
|---|---|
| 2030e | - |
| 2029e | 2.56 |
| 2028e | 2.1 |
| 2027e | 1.68 |
| 2026e | 1.49 |
| 2025e | 1.36 |
| 2024 | 1.24 |
| 2023 | 1.42 |
| 2022 | 2.45 |
| 2021 | 1.8 |
| 2020 | 1.54 |
| 2019 | 1.46 |
| 2018 | 1 |
| 2017 | 1.23 |
| 2016 | 0.9 |
| 2015 | 1.23 |
| 2014 | 0.53 |
| 2013 | -0.44 |
| 2012 | -1.23 |
| 2011 | 1.28 |
| 2010 | 1.32 |
| 2009 | 1 |
| 2008 | 1.41 |
| 2007 | 1.38 |
| 2006 | 1.14 |
| 2005 | 0.98 |
Best Buy Co Revenue, EBIT, Net Income US0865161014 · 873629
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Revenue
EBIT
Net Income
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Revenue, EBIT and Profit
ⓘUnderstanding Revenue, EBIT, and Income
Gain insights into Best Buy Co, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Best Buy Co from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Best Buy Co’s net earnings, an ultimate measure of its financial health and profitability.
Yearly Analysis and Comparisons
Observe the yearly bars to understand the annual performance and growth of Best Buy Co. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.
Utilizing Expectations for Investment
The expected values for the forthcoming years offer investors a glimpse into Best Buy Co’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.
Investment Insights
Leveraging the comparison between Revenue and EBIT helps in assessing Best Buy Co’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Best Buy Co’s growth potential.
Best Buy Co Revenue, EBIT and net profit per share
| Date | Best Buy Co Revenue | Best Buy Co EBIT | Best Buy Co Net Income |
|---|---|---|---|
| 2030e | 48.45 B undefined | 0 undefined | 0 undefined |
| 2029e | 46.61 B undefined | 2.23 B undefined | 2.56 B undefined |
| 2028e | 45.31 B undefined | 2.09 B undefined | 2.1 B undefined |
| 2027e | 44.32 B undefined | 2.05 B undefined | 1.68 B undefined |
| 2026e | 42.92 B undefined | 1.9 B undefined | 1.49 B undefined |
| 2025e | 42.02 B undefined | 1.76 B undefined | 1.36 B undefined |
| 2024 | 43.45 B undefined | 1.73 B undefined | 1.24 B undefined |
| 2023 | 46.3 B undefined | 1.94 B undefined | 1.42 B undefined |
| 2022 | 51.76 B undefined | 3.01 B undefined | 2.45 B undefined |
| 2021 | 47.26 B undefined | 2.59 B undefined | 1.8 B undefined |
| 2020 | 43.64 B undefined | 2.05 B undefined | 1.54 B undefined |
| 2019 | 42.88 B undefined | 1.97 B undefined | 1.46 B undefined |
| 2018 | 42.15 B undefined | 1.86 B undefined | 1 B undefined |
| 2017 | 39.4 B undefined | 1.76 B undefined | 1.23 B undefined |
| 2016 | 39.53 B undefined | 1.57 B undefined | 897 M undefined |
| 2015 | 40.34 B undefined | 1.44 B undefined | 1.23 B undefined |
| 2014 | 40.61 B undefined | 1.29 B undefined | 532 M undefined |
| 2013 | 38.25 B undefined | 1.12 B undefined | -441 M undefined |
| 2012 | 45.46 B undefined | 2.25 B undefined | -1.23 B undefined |
| 2011 | 49.75 B undefined | 2.52 B undefined | 1.28 B undefined |
| 2010 | 49.24 B undefined | 2.42 B undefined | 1.32 B undefined |
| 2009 | 45.02 B undefined | 2.01 B undefined | 1 B undefined |
| 2008 | 40.02 B undefined | 2.16 B undefined | 1.41 B undefined |
| 2007 | 35.93 B undefined | 2 B undefined | 1.38 B undefined |
| 2006 | 30.85 B undefined | 1.64 B undefined | 1.14 B undefined |
| 2005 | 27.43 B undefined | 1.44 B undefined | 984 M undefined |
| Revenue | EBIT | Net Income | |
|---|---|---|---|
| 2005 | 27.43 B USD | 1.44 B USD | 984 M USD |
| 2006 | 30.85 B USD | 1.64 B USD | 1.14 B USD |
| 2007 | 35.93 B USD | 2 B USD | 1.38 B USD |
| 2008 | 40.02 B USD | 2.16 B USD | 1.41 B USD |
| 2009 | 45.02 B USD | 2.01 B USD | 1 B USD |
| 2010 | 49.24 B USD | 2.42 B USD | 1.32 B USD |
| 2011 | 49.75 B USD | 2.52 B USD | 1.28 B USD |
| 2012 | 45.46 B USD | 2.25 B USD | -1.23 B USD |
| 2013 | 38.25 B USD | 1.12 B USD | -441 M USD |
| 2014 | 40.61 B USD | 1.29 B USD | 532 M USD |
| 2015 | 40.34 B USD | 1.44 B USD | 1.23 B USD |
| 2016 | 39.53 B USD | 1.57 B USD | 897 M USD |
| 2017 | 39.4 B USD | 1.76 B USD | 1.23 B USD |
| 2018 | 42.15 B USD | 1.86 B USD | 1 B USD |
| 2019 | 42.88 B USD | 1.97 B USD | 1.46 B USD |
| 2020 | 43.64 B USD | 2.05 B USD | 1.54 B USD |
| 2021 | 47.26 B USD | 2.59 B USD | 1.8 B USD |
| 2022 | 51.76 B USD | 3.01 B USD | 2.45 B USD |
| 2023 | 46.3 B USD | 1.94 B USD | 1.42 B USD |
| 2024 | 43.45 B USD | 1.73 B USD | 1.24 B USD |
| 2025e | 42.02 B USD | 1.76 B USD | 1.36 B USD |
| 2026e | 42.92 B USD | 1.9 B USD | 1.49 B USD |
| 2027e | 44.32 B USD | 2.05 B USD | 1.68 B USD |
| 2028e | 45.31 B USD | 2.09 B USD | 2.1 B USD |
| 2029e | 46.61 B USD | 2.23 B USD | 2.56 B USD |
| 2030e | 48.45 B USD | 0 USD | 0 USD |
Best Buy Co stock margins US0865161014 · 873629
The Best Buy Co margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Best Buy Co. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Best Buy Co.
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Margin
ⓘUnderstanding Gross Margin
The gross margin, expressed as a percentage, delineates the gross profit made from the Best Buy Co's sales revenue. A higher gross margin percentage indicates that the Best Buy Co retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.
EBIT Margin Analysis
EBIT margin represents the Best Buy Co's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.
Revenue Margin Insights
The revenue margin demonstrates the Best Buy Co's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Best Buy Co's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.
Interpreting Expectations
The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Best Buy Co. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.
Comparative Analysis
Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Best Buy Co's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.
Best Buy Co Margin History
| Best Buy Co Gross margin | Best Buy Co Profit margin | Best Buy Co EBIT margin | Best Buy Co Profit margin |
|---|---|---|---|
| 2030e | 22.1 % | 0 % | 0 % |
| 2029e | 22.1 % | 4.78 % | 5.49 % |
| 2028e | 22.1 % | 4.62 % | 4.64 % |
| 2027e | 22.1 % | 4.62 % | 3.79 % |
| 2026e | 22.1 % | 4.42 % | 3.47 % |
| 2025e | 22.1 % | 4.18 % | 3.23 % |
| 2024 | 22.1 % | 3.97 % | 2.86 % |
| 2023 | 21.41 % | 4.19 % | 3.06 % |
| 2022 | 22.5 % | 5.82 % | 4.74 % |
| 2021 | 22.42 % | 5.47 % | 3.8 % |
| 2020 | 23.03 % | 4.7 % | 3.53 % |
| 2019 | 23.23 % | 4.6 % | 3.41 % |
| 2018 | 23.43 % | 4.4 % | 2.37 % |
| 2017 | 23.96 % | 4.47 % | 3.12 % |
| 2016 | 23.26 % | 3.97 % | 2.27 % |
| 2015 | 22.43 % | 3.58 % | 3.06 % |
| 2014 | 23.14 % | 3.17 % | 1.31 % |
| 2013 | 23.59 % | 2.93 % | -1.15 % |
| 2012 | 24.21 % | 4.95 % | -2.71 % |
| 2011 | 25.23 % | 5.07 % | 2.57 % |
| 2010 | 24.45 % | 4.91 % | 2.67 % |
| 2009 | 24.43 % | 4.47 % | 2.23 % |
| 2008 | 23.85 % | 5.4 % | 3.52 % |
| 2007 | 24.4 % | 5.56 % | 3.83 % |
| 2006 | 25.05 % | 5.33 % | 3.7 % |
| 2005 | 23.68 % | 5.26 % | 3.59 % |
| Gross margin | EBIT margin | Profit margin | |
|---|---|---|---|
| 2005 | 23.68 % | 5.26 % | 3.59 % |
| 2006 | 25.05 % | 5.33 % | 3.7 % |
| 2007 | 24.4 % | 5.56 % | 3.83 % |
| 2008 | 23.85 % | 5.4 % | 3.52 % |
| 2009 | 24.43 % | 4.47 % | 2.23 % |
| 2010 | 24.45 % | 4.91 % | 2.67 % |
| 2011 | 25.23 % | 5.07 % | 2.57 % |
| 2012 | 24.21 % | 4.95 % | -2.71 % |
| 2013 | 23.59 % | 2.93 % | -1.15 % |
| 2014 | 23.14 % | 3.17 % | 1.31 % |
| 2015 | 22.43 % | 3.58 % | 3.06 % |
| 2016 | 23.26 % | 3.97 % | 2.27 % |
| 2017 | 23.96 % | 4.47 % | 3.12 % |
| 2018 | 23.43 % | 4.4 % | 2.37 % |
| 2019 | 23.23 % | 4.6 % | 3.41 % |
| 2020 | 23.03 % | 4.7 % | 3.53 % |
| 2021 | 22.42 % | 5.47 % | 3.8 % |
| 2022 | 22.5 % | 5.82 % | 4.74 % |
| 2023 | 21.41 % | 4.19 % | 3.06 % |
| 2024 | 22.1 % | 3.97 % | 2.86 % |
| 2025e | 22.1 % | 4.18 % | 3.23 % |
| 2026e | 22.1 % | 4.42 % | 3.47 % |
| 2027e | 22.1 % | 4.62 % | 3.79 % |
| 2028e | 22.1 % | 4.62 % | 4.64 % |
| 2029e | 22.1 % | 4.78 % | 5.49 % |
| 2030e | 22.1 % | 0 % | 0 % |
Best Buy Co Aktienanalyse
What does Best Buy Co do?
Best Buy Co. Inc. is a multinational retailer of consumer electronics, computers, and household appliances headquartered in Richfield, Minnesota, USA. The company was founded in 1966 by Richard M. Schulze and his business partners under the name Sound of Music. Initially, the company specialized in selling audio products and had only one store in St. Paul, Minnesota. In 1983, Schulze renamed the company to Best Buy and opened the first Best Buy Superstore in Burnsville, Minnesota. The Superstore offered a wide selection of electronics products at affordable prices, which quickly proved to be a successful formula. In the 1990s, Best Buy expanded throughout the United States and also opened stores in Canada and Mexico. Today, Best Buy is one of the largest retailers of electronics worldwide. Best Buy's business model is based on selling electronics products and services in large retail stores. Best Buy offers a wide range of products, including computers, tablets, smartphones, TVs, household appliances, cameras, video games, and more. Additionally, the company also provides services such as repairs, installations, and maintenance services for the products sold. Best Buy is divided into various business segments, all of which contribute to making the company profitable. The largest division is the Consumer Electronics Group, which is primarily responsible for the sale of electronics products such as TVs, audio devices, computer hardware, and consumer goods such as smartphones and tablets. The Home Appliances Group focuses on the sale of household appliances such as refrigerators, ovens, washing machines, and dryers. The Entertainment Group sells video games, music, and movies. Best Buy also has a digital division that deals with the online sale of products and services. An important feature of the Best Buy business model is its commitment to customer service. In recent years, Best Buy has invested in training and employee development to ensure that its staff can assist customers in selecting, purchasing, and using the products. The company has also built an online community that allows customers to exchange ideas and provide feedback. In addition to selling electronics products, Best Buy also carries a range of private label brands. These include Insignia and Rocketfish, which offer electronics products such as TVs, speakers, and phone cases. Furthermore, the company also offers its own brands for computers and household appliances, including Dynex and Amana. Overall, Best Buy has undergone an impressive development in recent decades. The company has evolved from a small audio store in Minnesota to become one of the largest retailers of consumer electronics globally. Despite increasing competition from online retailers and discount stores, Best Buy has been able to remain competitive and strengthen its presence in both the retail business and the online community. Best Buy Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.Net Income Details
Understanding Best Buy Co's Profit Margins
The profit margins of Best Buy Co represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Best Buy Co's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.
Year-to-Year Comparison
Evaluating Best Buy Co's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.
Impact on Investments
Best Buy Co's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.
Interpreting Profit Fluctuations
When Best Buy Co’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.
Frequently Asked Questions about Best Buy Co stock
How has the profit developed compared to last year?
The profit has increased by -12.54% compared to last year fallen
What impact do the earnings have on the shareholders?
An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.
How does Best Buy Co publish its earnings?
Best Buy Co publishes its earnings in the form of quarterly or annual reports.
Which financial indicators are included in the quarterly or annual reports?
The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.
Why is it important for investors to know the earnings of Best Buy Co?
The profits of Best Buy Co are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.
How can one learn more about the earnings of Best Buy Co?
You can learn more about the earnings of Best Buy Co by reviewing the quarterly or annual reports or following the company presentations.
How much dividend does Best Buy Co pay?
Over the past 12 months, Best Buy Co paid a dividend of 2.82 USD . This corresponds to a dividend yield of about 3.17 %. For the coming 12 months, Best Buy Co is expected to pay a dividend of 4.25 USD.
What is the dividend yield of Best Buy Co?
The current dividend yield of Best Buy Co is 3.17 %.
When does Best Buy Co pay dividends?
Best Buy Co pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of Best Buy Co?
Best Buy Co paid dividends every year for the past 0 years.
What is the dividend of Best Buy Co?
For the upcoming 12 months, dividends amounting to 4.25 USD are expected. This corresponds to a dividend yield of 4.78 %.
In which sector is Best Buy Co located?
Best Buy Co is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Best Buy Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Best Buy Co from 10/10/2024 amounting to 0.94 USD, you needed to have the stock in your portfolio before the ex-date on 9/19/2024.
When did Best Buy Co pay the last dividend?
The last dividend was paid out on 10/10/2024.
What was the dividend of Best Buy Co in the year 2023?
In the year 2023, Best Buy Co distributed 3.68 USD as dividends.
In which currency does Best Buy Co pay out the dividend?
The dividends of Best Buy Co are distributed in USD.
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Andere Kennzahlen von Best Buy Co
Our stock analysis for Best Buy Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Best Buy Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
