Best Buy Co. Inc. Net Income Margin Margin

Best Buy Co. Inc. Net Income Margin (%)

Best Buy Co. Inc. annual net income margin was 0.05% in fiscal year 2022. The annual net income margin Increased 0.01 % from 0.04% (in 2021) to 0.05% (in 2022).
This Increased represents a net income margin growth of +24.62% year over year.

Best Buy Co. Inc. quarterly net income margin was 0.03% in the quarter ending in Oct 22.
The quarterly net income margin Decreased -0.01% from 0.04% (in Oct 21) to 0.03% (in Oct 22).
This Decreased represents a net income margin growth of -37.55% year over year.

In the last 5 years from 2018 to 2022 :

Highest net income margin of Best Buy Co. Inc. was 0.05% in fiscal year 2022.
Lowest net income margin of Best Buy Co. Inc. was 0.02% in fiscal year 2018.
Average net income margin of Best Buy Co. Inc. was 0.04%.

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Definition of Net Income Margin:
Net Income Margin is net Income expressed as a percentage of revenue. For more details on net income margin, examples and formulas, refer to our glossary.

Best Buy Co. Inc.: Net Income Margin (%)

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Best Buy Co. Inc. : Net Income Margin (%) Details

2022

Best Buy Co. Inc. annual net income margin was 0.05% in fiscal year 2022.
Best Buy Co. Inc. quarterly net income margin was 0.04% (Jan) , 0.03% (Apr) , 0.03% (Jul) , and 0.03% (Oct) in fiscal year 2022.

2021

Best Buy Co. Inc. annual net income margin was 0.04% in fiscal year 2021.
Best Buy Co. Inc. quarterly net income margin was 0.05% (Jan) , 0.05% (May) , 0.06% (Jul) , and 0.04% (Oct) in fiscal year 2021.

2020

Best Buy Co. Inc. annual net income margin was 0.04% in fiscal year 2020.
Best Buy Co. Inc. quarterly net income margin was 0.05% (Feb) , 0.02% (May) , 0.04% (Aug) , and 0.03% (Oct) in fiscal year 2020.

2019

Best Buy Co. Inc. annual net income margin was 0.03% in fiscal year 2019.
Best Buy Co. Inc. quarterly net income margin was 0.05% (Feb) , 0.03% (May) , 0.02% (Aug) , and 0.03% (Nov) in fiscal year 2019.

2018

Best Buy Co. Inc. annual net income margin was 0.02% in fiscal year 2018.
Best Buy Co. Inc. quarterly net income margin was 0.02% (Feb) , 0.02% (May) , 0.03% (Aug) , and 0.03% (Nov) in fiscal year 2018.

Best Buy Co. Inc. : Net Income Margin (%) - Annual (Tabular)

Period	Net Income Margin (%)	Y/Y Growth
2022	0.05%	+24.62%
2021	0.04%	+7.73%
2020	0.04%	+3.43%
2019	0.03%	+43.91%

Best Buy Co. Inc. : Net Income Margin (%) - Quarterly (Tabular)

Period	Net Income Margin (%)	Y/Y Growth
Oct 22	0.03%	-37.55%
Jul 22	0.03%	-52.18%
Apr 22	0.03%	-37.36%
Jan 22	0.04%	-20.60%
Oct 21	0.04%	+27.01%
Jul 21	0.06%	+42.10%
May 21	0.05%	+175.33%
Jan 21	0.05%	-1.73%
Oct 20	0.03%	+9.93%
Aug 20	0.04%	+74.66%
May 20	0.02%	-35.94%
Feb 20	0.05%	-1.27%
Nov 19	0.03%	+3.89%
Aug 19	0.02%	-4.06%
May 19	0.03%	+26.94%
Feb 19	0.05%	+109.59%