Best Buy
BBY
#910
Rank
$20.19 B
Marketcap
$93.63
Share price
2.60%
Change (1 day)
17.35%
Change (1 year)

Operating Margin for Best Buy (BBY)

Operating Margin as of June 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
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%30.82%
20142.80%
20122.32%-46.1%
20114.31%-6.5%
20104.61%6.44%
20094.33%-19.85%
20085.40%-2.94%
20075.56%4.38%
20065.33%1.39%
20055.26%-1.05%
20045.31%10.17%
20034.82%0.85%
20024.78%-5.04%
20015.03%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
30.20% 722.89%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.15%-131.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.06%-210.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.94%-234.60%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.69%-200.54%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.88%-123.98%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.