Best Buy Co.
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Best Buy Co.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $43,452,000,000. Profit margin reached 3%. Total operating expenses were $8,029,000,000.
Profit Margin
| 2015 | 40.33B | 1.23B | 3.06% |
|---|---|---|---|
| 2016 | 39.52B | 897M | 2.27% |
| 2017 | 39.40B | 1.22B | 3.12% |
| 2018 | 42.15B | 1B | 2.37% |
| 2019 | 42.87B | 1.46B | 3.41% |
| 2020 | 43.63B | 1.54B | 3.53% |
| 2021 | 47.26B | 1.79B | 3.8% |
| 2022 | 51.76B | 2.45B | 4.74% |
| 2023 | 46.29B | 1.41B | 3.06% |
| 2024 | 43.45B | 1.24B | 2.86% |
0R18.L Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 43.45B | 46.29B | 51.76B | 47.26B | 43.63B | 42.87B | 42.15B | 39.40B | 39.52B | 40.33B |
Cost of revenue | 33.84B | 36.38B | 40.12B | 36.68B | 33.59B | 32.91B | 32.27B | 29.96B | 30.33B | 31.29B |
Gross profit | 9.60B | 9.91B | 11.64B | 10.57B | 10.04B | 9.96B | 9.87B | 9.44B | 9.19B | 9.04B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 794M | 864M | 915M | 819M | 840M | 25M | 3M | -131M | -6M | 711M |
Total operating expenses | 8.02B | 7.97B | 8.63B | 7.92B | 7.99B | 8.01B | 8.02B | 7.54B | 7.61B | 7.59B |
Operating income | 1.57B | 1.79B | 3.03B | 2.39B | 2.00B | 1.9B | 1.84B | 1.85B | 1.37B | 1.45B |
Other income (expenses), net | 47M | -7M | -15M | -14M | -16M | 15M | 39M | -38M | -183M | -63M |
Income before tax | 1.62B | 1.78B | 3.02B | 2.37B | 1.99B | 1.88B | 1.81B | 1.81B | 1.31B | 1.38B |
Income tax expense | 381M | 370M | 574M | 579M | 452M | 424M | 818M | 609M | 503M | 141M |
Net income | 1.24B | 1.41B | 2.45B | 1.79B | 1.54B | 1.46B | 1B | 1.22B | 897M | 1.23B |
Earnings per share | ||||||||||
Basic EPS | 5.7 | 6.31 | 9.94 | 6.93 | 5.82 | 5.3 | 3.33 | 3.86 | 2.59 | 3.53 |
Diluted EPS | 5.68 | 6.29 | 9.84 | 6.84 | 5.75 | 5.2 | 3.26 | 3.81 | 2.56 | 3.49 |
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