Best Gross Profit from 2010 to 2024

BBY Stock  USD 90.00  1.83  2.08%   
Best Buy Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 6.5 B in 2024. Gross Profit is the profit Best Buy Co makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-07-31
Previous Quarter
2.2 B
Current Value
2.2 B
Quarterly Volatility
1.2 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Best Buy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Best Buy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 471.4 M, Interest Expense of 60.3 M or Selling General Administrative of 5.1 B, as well as many indicators such as Price To Sales Ratio of 0.0561, Dividend Yield of 0.0204 or PTB Ratio of 0.99. Best financial statements analysis is a perfect complement when working with Best Buy Valuation or Volatility modules.
  
Check out the analysis of Best Buy Correlation against competitors.

Latest Best Buy's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Best Buy Co over the last few years. Gross profit is a required income statement account that reflects total revenue of Best Buy Co minus its cost of goods sold. It is profit before Best Buy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Best Buy's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Best Buy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 9.91 B10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Best Gross Profit Regression Statistics

Arithmetic Mean9,192,502,383
Geometric Mean6,617,200,978
Coefficient Of Variation31.04
Mean Deviation1,605,711,547
Median9,844,362,816
Standard Deviation2,853,442,227
Sample Variance8142132.5T
Range12.5B
R-Value0.24
Mean Square Error8280381.3T
R-Squared0.06
Significance0.40
Slope150,533,559
Total Sum of Squares113989855.6T

Best Gross Profit History

20246.5 B
20239.6 B
20229.9 B
202111.6 B
202010.6 B
201910 B
201810 B

Other Fundumenentals of Best Buy

Best Buy Gross Profit component correlations

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0.74-0.320.990.490.590.860.00.650.830.03-0.04-0.46-0.270.06-0.010.21-0.1-0.040.280.320.230.31-0.14
-0.04-0.32-0.37-0.110.07-0.340.63-0.12-0.160.50.70.18-0.34-0.42-0.08-0.260.650.43-0.64-0.85-0.81-0.860.62
0.740.99-0.370.480.590.86-0.010.660.820.01-0.1-0.49-0.260.07-0.020.22-0.11-0.050.320.360.270.35-0.17
0.630.49-0.110.480.570.69-0.050.650.71-0.320.030.07-0.420.280.11-0.07-0.27-0.170.110.150.280.21-0.21
0.980.590.070.590.570.840.540.960.530.430.50.0-0.74-0.05-0.110.30.460.2-0.05-0.03-0.14-0.16-0.03
0.920.86-0.340.860.690.840.120.910.810.060.03-0.29-0.480.05-0.10.24-0.02-0.070.220.30.220.24-0.25
0.430.00.63-0.01-0.050.540.120.39-0.070.70.740.26-0.6-0.52-0.180.460.910.54-0.32-0.38-0.7-0.580.39
0.960.65-0.120.660.650.960.910.390.630.280.31-0.03-0.69-0.04-0.120.310.260.040.040.10.0-0.01-0.17
0.680.83-0.160.820.710.530.81-0.070.63-0.21-0.08-0.41-0.440.050.07-0.04-0.22-0.110.140.110.120.17-0.01
0.330.030.50.01-0.320.430.060.70.28-0.210.69-0.12-0.29-0.45-0.250.20.80.49-0.52-0.46-0.71-0.710.36
0.38-0.040.7-0.10.030.50.030.740.31-0.080.690.37-0.68-0.220.070.20.790.53-0.43-0.51-0.72-0.680.5
-0.12-0.460.18-0.490.070.0-0.290.26-0.03-0.41-0.120.37-0.330.220.290.30.2-0.070.08-0.020.01-0.01-0.13
-0.68-0.27-0.34-0.26-0.42-0.74-0.48-0.6-0.69-0.44-0.29-0.68-0.330.01-0.26-0.34-0.55-0.330.20.250.430.36-0.25
-0.020.06-0.420.070.28-0.050.05-0.52-0.040.05-0.45-0.220.220.010.750.0-0.38-0.270.240.230.50.37-0.33
-0.08-0.01-0.08-0.020.11-0.11-0.1-0.18-0.120.07-0.250.070.29-0.260.750.28-0.050.030.140.01-0.040.040.19
0.30.21-0.260.22-0.070.30.240.460.31-0.040.20.20.3-0.340.00.280.370.250.350.48-0.090.22-0.01
0.33-0.10.65-0.11-0.270.46-0.020.910.26-0.220.80.790.2-0.55-0.38-0.050.370.65-0.37-0.5-0.77-0.680.53
0.15-0.040.43-0.05-0.170.2-0.070.540.04-0.110.490.53-0.07-0.33-0.270.030.250.65-0.38-0.12-0.63-0.340.66
0.040.28-0.640.320.11-0.050.22-0.320.040.14-0.52-0.430.080.20.240.140.35-0.37-0.380.660.610.76-0.19
0.060.32-0.850.360.15-0.030.3-0.380.10.11-0.46-0.51-0.020.250.230.010.48-0.5-0.120.660.690.91-0.46
-0.040.23-0.810.270.28-0.140.22-0.70.00.12-0.71-0.720.010.430.5-0.04-0.09-0.77-0.630.610.690.88-0.78
-0.040.31-0.860.350.21-0.160.24-0.58-0.010.17-0.71-0.68-0.010.360.370.040.22-0.68-0.340.760.910.88-0.55
-0.07-0.140.62-0.17-0.21-0.03-0.250.39-0.17-0.010.360.5-0.13-0.25-0.330.19-0.010.530.66-0.19-0.46-0.78-0.55
Click cells to compare fundamentals

About Best Buy Financial Statements

Best Buy investors use historical fundamental indicators, such as Best Buy's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Best Buy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit9.6 B6.5 B
Gross Profit Margin 0.22  0.14 

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Additional Tools for Best Stock Analysis

When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.