Best Historical Income Statement

BBY Stock

USD 88.17 0.31 0.35%

Historical analysis of Best Buy income statement accounts such as Interest Expense of 60.3 M, Selling General Administrative of 5.1 B or Total Revenue of 27.9 B can show how well Best Buy Co performed in making a profits. Evaluating Best Buy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Best Buy's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Best Buy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Best Buy is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Best Income Statement Analysis

Best Buy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Best Buy shareholders. The income statement also shows Best investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Best Buy Income Statement Chart

At this time, Best Buy's Interest Expense is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 49.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 472.6 M in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Income Before Tax Net Income Applicable To Common Shares

Total Revenue

Total revenue comprises all receipts Best Buy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Best Buy. It is also known as Best Buy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Best Buy income statement and is an important metric when analyzing Best Buy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.

Most accounts from Best Buy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Best Buy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

	2021	2022	2024 (projected)
Interest Expense	25M	35M	60.3M
Depreciation And Amortization	869M	918M	472.6M

Interest Expense Depreciation And Amortization

Best Buy income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Net Income From Continuing Ops	Reconciled Depreciation	Non Recurring	Non Operating Income Net Other
Depreciation And Amortization		0.46	0.87	0.95	0.94	0.96	0.65	0.75	0.85	0.95	0.94	0.47	-0.34	0.19	0.52	0.64	-0.22	-0.3	0.33	0.18	0.2	0.16	0.16
Interest Expense	0.46		0.78	0.48	0.56	0.5	-0.11	0.09	0.19	0.45	0.68	-0.26	-0.67	-0.55	0.33	0.13	0.32	0.47	-0.56	-0.32	-0.46	0.12	0.12
Selling General Administrative	0.87	0.78		0.9	0.94	0.92	0.48	0.6	0.7	0.89	0.98	0.29	-0.49	-0.05	0.61	0.37	0.1	0.09	-0.05	0.09	-0.18	0.25	0.25
Total Revenue	0.95	0.48	0.9		0.99	1.0	0.75	0.82	0.89	1.0	0.95	0.62	-0.21	0.29	0.65	0.54	-0.1	-0.23	0.31	0.31	0.11	0.21	0.21
Gross Profit	0.94	0.56	0.94	0.99		0.99	0.7	0.81	0.89	0.99	0.97	0.57	-0.29	0.2	0.69	0.49	-0.03	-0.15	0.22	0.29	0.03	0.23	0.23
Other Operating Expenses	0.96	0.5	0.92	1.0	0.99		0.73	0.8	0.88	1.0	0.96	0.59	-0.24	0.27	0.63	0.54	-0.09	-0.21	0.29	0.29	0.1	0.21	0.21
Operating Income	0.65	-0.11	0.48	0.75	0.7	0.73		0.86	0.85	0.76	0.57	0.92	0.25	0.78	0.56	0.36	-0.18	-0.49	0.6	0.67	0.27	0.16	0.16
Ebit	0.75	0.09	0.6	0.82	0.81	0.8	0.86		0.99	0.82	0.68	0.81	-0.05	0.44	0.78	0.39	-0.12	-0.41	0.53	0.59	0.23	0.18	0.18
Ebitda	0.85	0.19	0.7	0.89	0.89	0.88	0.85	0.99		0.89	0.78	0.76	-0.12	0.39	0.75	0.47	-0.15	-0.4	0.5	0.52	0.23	0.19	0.19
Cost Of Revenue	0.95	0.45	0.89	1.0	0.99	1.0	0.76	0.82	0.89		0.95	0.64	-0.19	0.32	0.63	0.55	-0.11	-0.25	0.34	0.32	0.13	0.21	0.21
Total Operating Expenses	0.94	0.68	0.98	0.95	0.97	0.96	0.57	0.68	0.78	0.95		0.38	-0.44	0.05	0.6	0.49	0.01	-0.04	0.1	0.16	-0.04	0.22	0.22
Income Before Tax	0.47	-0.26	0.29	0.62	0.57	0.59	0.92	0.81	0.76	0.64	0.38		0.51	0.83	0.56	0.24	-0.26	-0.55	0.6	0.6	0.33	0.09	0.09
Total Other Income Expense Net	-0.34	-0.67	-0.49	-0.21	-0.29	-0.24	0.25	-0.05	-0.12	-0.19	-0.44	0.51		0.75	-0.1	-0.25	-0.39	-0.46	0.29	0.08	0.33	-0.2	-0.2
Net Income	0.19	-0.55	-0.05	0.29	0.2	0.27	0.78	0.44	0.39	0.32	0.05	0.83	0.75		0.11	0.12	-0.33	-0.57	0.59	0.5	0.38	0.03	0.03
Income Tax Expense	0.52	0.33	0.61	0.65	0.69	0.63	0.56	0.78	0.75	0.63	0.6	0.56	-0.1	0.11		-0.03	0.04	-0.11	0.09	0.25	-0.05	0.12	0.12
Selling And Marketing Expenses	0.64	0.13	0.37	0.54	0.49	0.54	0.36	0.39	0.47	0.55	0.49	0.24	-0.25	0.12	-0.03		-0.12	-0.27	0.54	0.31	0.43	-0.01	-0.01
Tax Provision	-0.22	0.32	0.1	-0.1	-0.03	-0.09	-0.18	-0.12	-0.15	-0.11	0.01	-0.26	-0.39	-0.33	0.04	-0.12		0.88	-0.45	0.29	-0.75	0.56	0.56
Interest Income	-0.3	0.47	0.09	-0.23	-0.15	-0.21	-0.49	-0.41	-0.4	-0.25	-0.04	-0.55	-0.46	-0.57	-0.11	-0.27	0.88		-0.71	-0.11	-0.84	0.51	0.51
Net Interest Income	0.33	-0.56	-0.05	0.31	0.22	0.29	0.6	0.53	0.5	0.34	0.1	0.6	0.29	0.59	0.09	0.54	-0.45	-0.71		0.58	0.8	-0.22	-0.22
Net Income From Continuing Ops	0.18	-0.32	0.09	0.31	0.29	0.29	0.67	0.59	0.52	0.32	0.16	0.6	0.08	0.5	0.25	0.31	0.29	-0.11	0.58		0.06	0.32	0.32
Reconciled Depreciation	0.2	-0.46	-0.18	0.11	0.03	0.1	0.27	0.23	0.23	0.13	-0.04	0.33	0.33	0.38	-0.05	0.43	-0.75	-0.84	0.8	0.06		-0.7	-0.7
Non Recurring	0.16	0.12	0.25	0.21	0.23	0.21	0.16	0.18	0.19	0.21	0.22	0.09	-0.2	0.03	0.12	-0.01	0.56	0.51	-0.22	0.32	-0.7		1.0
Non Operating Income Net Other	0.16	0.12	0.25	0.21	0.23	0.21	0.16	0.18	0.19	0.21	0.22	0.09	-0.2	0.03	0.12	-0.01	0.56	0.51	-0.22	0.32	-0.7	1.0

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Best Buy Account Relationship Matchups

Best Buy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	853M	839M	869M	918M	923M	472.6M
Interest Expense	73M	64M	52M	25M	35M	60.3M
Selling General Administrative	7.2B	7.1B	7.7B	7.1B	7.0B	5.1B
Total Revenue	43.6B	47.3B	51.8B	46.3B	43.5B	27.9B
Gross Profit	10.0B	10.6B	11.6B	9.9B	9.6B	6.5B
Other Operating Expenses	41.6B	44.6B	48.8B	44.4B	41.9B	26.7B
Operating Income	2.0B	2.4B	3.0B	1.8B	1.6B	1.2B
Ebit	2.0B	2.7B	3.0B	1.9B	1.7B	1.2B
Ebitda	2.9B	3.5B	3.9B	2.9B	2.6B	1.7B
Cost Of Revenue	33.6B	36.7B	40.1B	36.4B	33.8B	21.5B
Total Operating Expenses	8.0B	7.9B	8.6B	8.0B	8.0B	5.2B
Income Before Tax	2.0B	2.4B	3.0B	1.8B	1.6B	1.1B
Total Other Income Expense Net	(16M)	(14M)	(15M)	(7M)	47M	49.4M
Net Income	1.5B	1.8B	2.5B	1.4B	1.2B	689.3M
Income Tax Expense	452M	579M	574M	370M	381M	370.7M
Selling And Marketing Expenses	840M	819M	915M	864M	794M	405.4M
Tax Provision	452M	579M	574M	370M	381M	392.4M
Interest Income	16M	14M	15M	7M	6.3M	6.0M
Net Income Applicable To Common Shares	1.5B	1.8B	2.5B	1.4B	1.6B	1.7B
Net Income From Continuing Ops	1.5B	1.8B	2.5B	1.4B	1.2B	1.3B
Reconciled Depreciation	812M	839M	869M	918M	923M	940.7M

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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.

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Best Historical Income Statement

About Best Income Statement Analysis

Best Buy Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Income Before Tax

Net Income Applicable To Common Shares

Best Buy income statement Correlations

Best Buy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Best Buy income statement Accounts

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Additional Tools for Best Stock Analysis

COMMON DESTINATIONS

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Non Operating Income Net Other	+ 1.0	Non Recurring
Gross Profit	+ 0.99	Total Revenue
Other Operating Expenses	+ 0.99	Gross Profit

Reconciled Depreciation	- 0.84	Interest Income
Reconciled Depreciation	- 0.75	Tax Provision
Net Interest Income	- 0.71	Interest Income
Non Operating Income Net Other	- 0.7	Reconciled Depreciation
Non Recurring	- 0.7	Reconciled Depreciation
Total Other Income Expense Net	- 0.67	Interest Expense