Best Buy Co. Inc. Tax Rate

Best Buy Co. Inc.: Tax Rate (%)

Best Buy Co. Inc. annual tax rate was $0.19 in fiscal year 2022. The annual tax rate Decreased $-0.05 from $0.24 (in 2019) to $0.19 (in 2022).
This Decreased represents a tax rate growth of -22.18% Billion year over year.

Best Buy Co. Inc. quarterly tax rate was $0.23 in the quarter ending in Oct 22. The quarterly tax rate Decreased $-0.02 from $0.25 (in Oct 21) to $0.23 (in Oct 22).
This Decreased represents a tax rate growth of -6.79% year over year.

In the last 5 years from 2018 to 2022 :

Highest tax rate of Best Buy Co. Inc. was $0.45 in fiscal year 2018
Lowest tax rate of Best Buy Co. Inc. was $0.19 in fiscal year 2022
Average tax rate of Best Buy Co. Inc. was $0.27

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Definition of Tax Rate (%) :
The tax rate is the percentage of income that an individual or a business is required to pay to the government. For more details on tax rate, examples and formulas, refer to our glossary.

Best Buy Co. Inc.: Tax Rate (%)

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Best Buy Co. Inc. : Tax Rate (%) Details

2022

Best Buy Co. Inc. annual tax rate was $0.19 in fiscal year 2022.
Best Buy Co. Inc. quarterly tax rate was $0.22 (Jan) , $0.24 (Apr) , $0.16 (Jul) , and $0.23 (Oct) in fiscal year 2022.

2021

Best Buy Co. Inc. annual tax rate was $0.24 in fiscal year 2021.
Best Buy Co. Inc. quarterly tax rate was $0.22 (Jan) , $0.22 (May) , $0.08 (Jul) , and $0.25 (Oct) in fiscal year 2021.

2020

Best Buy Co. Inc. annual tax rate was $0.23 in fiscal year 2020.
Best Buy Co. Inc. quarterly tax rate was $0.23 (Feb) , $0.27 (May) , $0.23 (Aug) , and $0.30 (Oct) in fiscal year 2020.

2019

Best Buy Co. Inc. annual tax rate was $0.22 in fiscal year 2019.
Best Buy Co. Inc. quarterly tax rate was $0.24 (Feb) , $0.20 (May) , $0.22 (Aug) , and $0.25 (Nov) in fiscal year 2019.

2018

Best Buy Co. Inc. annual tax rate was $0.45 in fiscal year 2018.
Best Buy Co. Inc. quarterly tax rate was $0.58 (Feb) , $0.19 (May) , $0.26 (Aug) , and $0.16 (Nov) in fiscal year 2018.

Best Buy Co. Inc. : Tax Rate (%) (year over year growth)

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Best Buy Co. Inc. : Tax Rate (%) (Year Over Year Growth) Details

2022

Best Buy Co. Inc. annual tax rate Decreased -22.18% during fiscal year 2022 compared to 2021.
This represents an Decreased in tax rate of -$0.05 from $0.19 (in 2022) to $0.24 (in 2021).

2021

Best Buy Co. Inc. annual tax rate Increased +7.40% during fiscal year 2021 compared to 2020.
This represents an Increased in tax rate of +$0.02 from $0.24 (in 2021) to $0.23 (in 2020).

2020

Best Buy Co. Inc. annual tax rate Increased +0.99% during fiscal year 2020 compared to 2019.
This represents an Increased in tax rate of +$0.00 from $0.23 (in 2020) to $0.22 (in 2019).

2019

Best Buy Co. Inc. annual tax rate Decreased -50.12% during fiscal year 2019 compared to 2018.
This represents an Decreased in tax rate of -$0.23 from $0.22 (in 2019) to $0.45 (in 2018).

Best Buy Co. Inc. : Tax Rate (%) - Annual (Tabular)

Period	Tax Rate (%)	Y/Y Growth
2022	$0.19	-22.18%
2021	$0.24	+7.40%
2020	$0.23	+0.99%
2019	$0.22	-50.12%

Best Buy Co. Inc. : Tax Rate (%) - Quarterly (Tabular)

Period	Tax Rate (%)	Y/Y Growth
Oct 22	$0.23	-6.79%
Jul 22	$0.16	+98.68%
Apr 22	$0.24	+8.76%
Jan 22	$0.22	-0.97%
Oct 21	$0.25	-15.52%
Jul 21	$0.08	-65.12%
May 21	$0.22	-17.14%
Jan 21	$0.22	-5.20%
Oct 20	$0.30	+19.74%
Aug 20	$0.23	+2.31%
May 20	$0.27	+37.40%
Feb 20	$0.23	-5.84%
Nov 19	$0.25	+53.66%
Aug 19	$0.22	-13.01%
May 19	$0.20	+3.31%
Feb 19	$0.24	-58.18%