Stock Analysis on Net
Stock Analysis on Net

Best Buy Co. Inc. (NYSE:BBY)

This company has been moved to the archive! The financial data has not been updated since December 6, 2022.

Common-Size Income Statement 

Best Buy Co. Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
Revenue 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -77.51 -77.63 -76.97 -76.77 -76.57 -76.04
Gross profit 22.49% 22.37% 23.03% 23.23% 23.43% 23.96%
Selling, general and administrative expenses -16.68 -16.77 -18.33 -18.69 -19.03 -19.15
Restructuring charges 0.07 -0.54 -0.09 -0.11 -0.02 -0.10
Operating income 5.87% 5.06% 4.60% 4.43% 4.37% 4.71%
Gain on sale of investments 0.00 0.00 0.00 0.03 0.00 0.01
Investment income and other 0.02 0.08 0.11 0.11 0.11 0.08
Interest expense -0.05 -0.11 -0.15 -0.17 -0.18 -0.18
Other income (expense) -0.03% -0.03% -0.04% -0.03% -0.06% -0.10%
Earnings before income tax expense and equity in income of affiliates 5.84% 5.03% 4.57% 4.40% 4.31% 4.61%
Income tax expense -1.11 -1.23 -1.04 -0.99 -1.94 -1.55
Equity in income of affiliates 0.01 0.00 0.00 0.00 0.00 0.00
Net earnings from continuing operations 4.74% 3.80% 3.53% 3.41% 2.37% 3.06%
Gain from discontinued operations, net of tax 0.00 0.00 0.00 0.00 0.00 0.05
Net earnings 4.74% 3.80% 3.53% 3.41% 2.37% 3.12%

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Best Buy Co. Inc. operating income as a percentage of revenue increased from 2020 to 2021 and from 2021 to 2022.
Earnings before income tax expense and equity in income of affiliates Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Best Buy Co. Inc. earnings before income tax expense and equity in income of affiliates as a percentage of revenue increased from 2020 to 2021 and from 2021 to 2022.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Best Buy Co. Inc. net earnings as a percentage of revenue increased from 2020 to 2021 and from 2021 to 2022.