Best Buy
BBY
#994
Rank
$18.84 B
Marketcap
$87.35
Share price
0.00%
Change (1 day)
3.72%
Change (1 year)

Operating Margin for Best Buy (BBY)

Operating Margin as of July 2024 (TTM): 3.79%

According to Best Buy's latest financial reports and stock price the company's current Operating Margin is 3.79%. At the end of 2024 the company had an Operating Margin of 3.85%.

Operating Margin history for Best Buy from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20243.85%-2.22%
20233.94%-33.15%
20225.89%14.61%
20215.14%9.03%
20204.71%3.07%
20194.57%1.89%
20184.49%-6.32%
20174.79%36.26%
20163.52%-3.96%
20153.66%25.69%
20142.91%
20125.01%3.1%
20114.86%-1.18%
20104.92%23.36%
20093.99%-26.19%
20085.40%-2.94%
20075.56%4.38%
20065.33%1.39%
20055.26%-1.05%
20045.31%10.15%
20034.82%-5.93%
20025.13%27.45%
20014.02%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-9.40%-348.02%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.56%-114.78%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.50%-113.19%๐Ÿ‡บ๐Ÿ‡ธ USA
6.53% 72.30%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.79%-252.77%๐Ÿ‡บ๐Ÿ‡ธ USA
29.67% 682.85%๐Ÿ‡บ๐Ÿ‡ธ 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.