Best Buy Co Inc (BBY)
89.54
+3.03
(+3.50%)
USD |
NYSE |
Nov 22, 16:00
89.70
+0.16
(+0.18%)
After-Hours: 20:00
Best Buy Gross Profit Margin (Quarterly): 23.54% for July 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| July 31, 2024 | 23.54% |
| April 30, 2024 | 23.33% |
| January 31, 2024 | 20.49% |
| October 31, 2023 | 22.88% |
| July 31, 2023 | 23.17% |
| April 30, 2023 | 22.71% |
| January 31, 2023 | 19.95% |
| October 31, 2022 | 22.03% |
| July 31, 2022 | 22.14% |
| April 30, 2022 | 22.10% |
| January 31, 2022 | 20.24% |
| October 31, 2021 | 23.53% |
| July 31, 2021 | 23.72% |
| April 30, 2021 | 23.33% |
| January 31, 2021 | 20.92% |
| October 31, 2020 | 23.58% |
| July 31, 2020 | 22.91% |
| April 30, 2020 | 22.95% |
| January 31, 2020 | 21.29% |
| October 31, 2019 | 24.18% |
| July 31, 2019 | 23.94% |
| April 30, 2019 | 23.73% |
| January 31, 2019 | 22.18% |
| October 31, 2018 | 24.23% |
| July 31, 2018 | 23.77% |
| Date | Value |
|---|---|
| April 30, 2018 | 23.33% |
| January 31, 2018 | 22.27% |
| October 31, 2017 | 24.46% |
| July 31, 2017 | 24.08% |
| April 30, 2017 | 23.71% |
| January 31, 2017 | 22.47% |
| October 31, 2016 | 24.63% |
| July 31, 2016 | 24.16% |
| April 30, 2016 | 25.41% |
| January 31, 2016 | 21.66% |
| October 31, 2015 | 23.95% |
| July 31, 2015 | 24.60% |
| April 30, 2015 | 23.72% |
| January 31, 2015 | 21.30% |
| October 31, 2014 | 22.98% |
| July 31, 2014 | 23.38% |
| April 30, 2014 | 22.77% |
| January 31, 2014 | 20.72% |
| October 31, 2013 | 23.13% |
| July 31, 2013 | 26.53% |
| April 30, 2013 | 23.09% |
| October 31, 2012 | 23.75% |
| July 31, 2012 | 24.21% |
| April 30, 2012 | 24.91% |
| February 29, 2012 | 21.80% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
19.95%
Minimum
Jan 2023
23.72%
Maximum
Jul 2021
22.36%
Average
22.88%
Median
Oct 2023
Gross Profit Margin (Quarterly) Benchmarks
| Nordstrom Inc | 38.34% |
| GameStop Corp | 31.17% |
| American Eagle Outfitters Inc | 38.64% |
| Macy's Inc | 42.35% |
| Ulta Beauty Inc | 38.33% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 42.31% |
| Return on Assets | 8.12% |
| Return on Invested Capital | 30.49% |
| Profit Margin (Quarterly) | 3.13% |
| Operating Margin (Quarterly) | 4.05% |
| Return on Net Operating Assets | 9.52% |