Best Buy Co., Inc. (BBY) Tax Rate: 23.86%
Is Best Buy Co., Inc.’s tax rate high or low?
Best Buy Co., Inc.'s tax rate of 23.86% is in line with its 5-year average of 23.13%, around the middle of its 5-year range (18.96%–28.64%).
The tax rate for Best Buy Co., Inc. (BBY) is 23.86%. It is below its 12-month average by 9.10% (26.25%).
BBY Tax Rate Chart
BBY Average Tax Rate Chart
BBY Current vs Average Tax Rate Chart
BBY Tax Rate Metrics
TAX RATE
23.86%
TAX RATE AVG TTM
26.25%
TAX RATE AVG 3Y
25.33%
TAX RATE AVG 5Y
23.13%
TAX RATE AVG 10Y
26.37%
TAX RATE AVG 15Y
439.14%
TAX RATE AVG 20Y
343.24%
CURRENT VS TTM AVG
-9.10%
CURRENT VS 3Y AVG
-5.82%
CURRENT VS 5Y AVG
+3.16%
CURRENT VS 10Y AVG
-9.52%
CURRENT VS 15Y AVG
-94.57%
CURRENT VS 20Y AVG
-93.05%
Best Buy Co., Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Best Buy Co., Inc. Tax Rate FAQ
- What is the tax rate for Best Buy Co., Inc. (BBY)?
- The tax rate for BBY stock is 23.86%.
- Is Best Buy Co., Inc.'s tax rate high or low?
- Best Buy Co., Inc.'s tax rate of 23.86% is in line with its 5-year average of 23.13%, around the middle of its 5-year range (18.96%–28.64%).
- What is the TTM average tax rate for Best Buy Co., Inc. (BBY)?
- The TTM average tax rate for BBY stock is 26.25%.
- What is the 3Y average tax rate for Best Buy Co., Inc. (BBY)?
- The 3Y average tax rate for BBY stock is 25.33%.
- What is the 5Y average tax rate for Best Buy Co., Inc. (BBY)?
- The 5Y average tax rate for BBY stock is 23.13%.
- What is the 10Y average tax rate for Best Buy Co., Inc. (BBY)?
- The 10Y average tax rate for BBY stock is 26.37%.
- What is the 15Y average tax rate for Best Buy Co., Inc. (BBY)?
- The 15Y average tax rate for BBY stock is 439.14%.
- What is the 20Y average tax rate for Best Buy Co., Inc. (BBY)?
- The 20Y average tax rate for BBY stock is 343.24%.
Best Buy Co., Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-01-31 | 23.86% |
| 2025-02-01 | 28.64% |
| 2024-02-03 | 23.50% |
| 2023-01-28 | 20.69% |
| 2022-01-29 | 18.96% |
| 2021-01-30 | 24.36% |
| 2020-02-01 | 22.68% |
| 2019-02-02 | 22.46% |
| 2018-02-03 | 45.02% |
| 2017-01-28 | 33.54% |
| 2016-01-30 | 38.40% |
| 2015-01-31 | 10.17% |
| 2014-02-01 | 36.61% |
| 2013-02-02 | 6575.00% |
| 2012-03-03 | 67.98% |
| 2011-02-26 | 34.36% |
| 2010-02-27 | 36.54% |
| 2009-02-28 | 39.65% |
| 2008-03-01 | 36.58% |
| 2007-03-03 | 35.31% |
| 2006-02-25 | 33.76% |
| 2005-02-26 | 35.27% |
| 2004-02-28 | 38.27% |
| 2003-03-01 | 38.66% |
| 2002-03-02 | 39.10% |
| 2001-03-03 | 38.29% |
| 2000-02-26 | 38.31% |
| 1999-02-27 | 38.50% |
| 1998-02-28 | 38.60% |
| 1997-03-31 | 39.29% |
Related Metrics
About Best Buy Co., Inc.
Best Buy Co., Inc. operates as a prominent technology retailer across the United States and Canada. Its business structure is segmented into Domestic and International operations. The company's extensive product selection includes a wide array of computing devices such as desktops, notebooks, and associated peripherals, alongside mobile phones (which generate commissions from network carriers), networking equipment, and tablets (including e-readers). Customers can also find smartwatches and various consumer electronics, encompassing digital imaging devices, health and fitness gadgets, home theater systems, portable audio solutions (like headphones and speakers), and smart home products. Beyond electronics, Best Buy also supplies household appliances such as dishwashers, laundry machines, ovens, refrigerators, blenders, coffee makers, and vacuum cleaners. For entertainment, their offerings range from drones, movies, music, and toys to gaming hardware and software, including virtual reality products. Additionally, the company stocks miscellaneous items like baby products, food and beverages, luggage, outdoor living essentials, and sporting goods. In terms of services, Best Buy provides consultation, delivery, design assistance, health-related programs, installation, membership benefits, repair work, product setup, technical support, and warranty services. Products are distributed through both physical stores and online platforms, operating under various brand names including Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird. Their primary online presence is via bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, the company maintained a network of 1,144 retail locations. Originally established in 1966 as Sound of Music, Inc., the corporation is headquartered in Richfield, Minnesota.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Corie Sue Barry