Best Buy
BBY
$75.05
Share price
-0.25%
Change (1 day)
4.95%
Change (1 year)
Categories
Operating Margin for Best Buy (BBY)
Operating Margin as of April 2024 (TTM): 3.67%
According to Best Buy's latest financial reports and stock price the company's current Operating Margin is 3.67%. At the end of 2023 the company had an Operating Margin of 3.94%.
Operating Margin history for Best Buy from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 3.94% | -33.15% |
| 2022 | 5.89% | 14.61% |
| 2021 | 5.14% | 9.03% |
| 2020 | 4.71% | 3.07% |
| 2019 | 4.57% | 1.89% |
| 2018 | 4.49% | -6.32% |
| 2017 | 4.79% | 36.26% |
| 2016 | 3.52% | -3.96% |
| 2015 | 3.66% | 30.82% |
| 2014 | 2.80% | |
| 2012 | 2.32% | -46.1% |
| 2011 | 4.31% | -6.5% |
| 2010 | 4.61% | 6.44% |
| 2009 | 4.33% | -19.85% |
| 2008 | 5.40% | -2.94% |
| 2007 | 5.56% | 4.38% |
| 2006 | 5.33% | 1.39% |
| 2005 | 5.26% | -1.05% |
| 2004 | 5.31% | 10.17% |
| 2003 | 4.82% | 0.85% |
| 2002 | 4.78% | -5.04% |
| 2001 | 5.03% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 30.20% | 722.89% | 🇺🇸 USA |
 Amazon AMZN | -1.15% | -131.34% | 🇺🇸 USA |
 Voxx International
VOXX | -4.06% | -210.63% | 🇺🇸 USA |
 Conn's
CONN | -4.94% | -234.60% | 🇺🇸 USA |
 GameStop
GME | -3.69% | -200.54% | 🇺🇸 USA |
 Aaron's AAN | -0.88% | -123.98% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.