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Best Buy Co., Inc. (BBY) Gross Margin: 22.50%

Is Best Buy Co., Inc.’s gross margin high or low?

Best Buy Co., Inc.'s gross margin of 22.50% is in line with its 5-year average of 22.22%, near the high end of its 5-year range (21.41%–22.60%).

The gross margin for Best Buy Co., Inc. (BBY) is 22.50% as of Wednesday, June 10, 2026. It is below its 12-month average by 0.18% (22.54%).

BBY Gross Margin Chart

BBY Gross Margin
22.48%-0.53% 1Y
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BBY Average Gross Margin Chart

BBY Current vs Average Gross Margin Chart

BBY Gross Margin Metrics

GROSS MARGIN

22.50%

GROSS MARGIN AVG TTM

22.54%

GROSS MARGIN AVG 3Y

22.39%

GROSS MARGIN AVG 5Y

22.22%

GROSS MARGIN AVG 10Y

22.71%

GROSS MARGIN AVG 15Y

23.04%

GROSS MARGIN AVG 20Y

23.36%

CURRENT VS TTM AVG

-0.18%

CURRENT VS 3Y AVG

+0.48%

CURRENT VS 5Y AVG

+1.28%

CURRENT VS 10Y AVG

-0.92%

CURRENT VS 15Y AVG

-2.34%

CURRENT VS 20Y AVG

-3.69%

BBY Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Best Buy Co., Inc. (BBY)22.50%22.54%22.39%22.22%
International Paper Company (IP)$16.87B27.83%28.84%26.63%26.48%
DraftKings Inc. (DKNG)$14.28B41.79%39.68%37.64%38.81%
Lululemon Athletica Inc. (LULU)$13.69B55.70%57.91%58.04%57.44%
Rivian Automotive, Inc. (RIVN)$18.55B-1.72%-10.73%-63.90%-183.51%
NIO Inc. (NIO)$12.21B15.74%11.75%9.86%11.64%
Ulta Beauty, Inc. (ULTA)$20.46B39.33%38.97%39.16%37.89%
Domino's Pizza, Inc. (DPZ)$10.51B40.07%39.62%38.53%38.60%
GameStop Corp. (GME)$10.08B34.39%30.78%27.31%26.07%
CAVA Group, Inc. (CAVA)$9.38B18.60%21.73%21.40%20.40%

Gross Margin Analysis

Gross Margin

22.5%

(Revenue - COGS) / Revenue

Best Buy Co., Inc. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Best Buy Co., Inc. Gross Margin FAQ

What is the gross margin for Best Buy Co., Inc. (BBY)?
The gross margin for BBY stock is 22.50%.
Is Best Buy Co., Inc.'s gross margin high or low?
Best Buy Co., Inc.'s gross margin of 22.50% is in line with its 5-year average of 22.22%, near the high end of its 5-year range (21.41%–22.60%).
What is the TTM average gross margin for Best Buy Co., Inc. (BBY)?
The TTM average gross margin for BBY stock is 22.54%.
What is the 3Y average gross margin for Best Buy Co., Inc. (BBY)?
The 3Y average gross margin for BBY stock is 22.39%.
What is the 5Y average gross margin for Best Buy Co., Inc. (BBY)?
The 5Y average gross margin for BBY stock is 22.22%.
What is the 10Y average gross margin for Best Buy Co., Inc. (BBY)?
The 10Y average gross margin for BBY stock is 22.71%.
What is the 15Y average gross margin for Best Buy Co., Inc. (BBY)?
The 15Y average gross margin for BBY stock is 23.04%.
What is the 20Y average gross margin for Best Buy Co., Inc. (BBY)?
The 20Y average gross margin for BBY stock is 23.36%.

Best Buy Co., Inc. Gross Margin History

DATEGROSS MARGIN
2026-01-3122.48%
2025-02-0122.60%
2024-02-0322.10%
2023-01-2821.41%
2022-01-2922.49%
2021-01-3022.37%
2020-02-0123.03%
2019-02-0223.23%
2018-02-0323.43%
2017-01-2823.96%
2016-01-3023.25%
2015-01-3122.43%
2014-02-0123.14%
2013-02-0223.59%
2012-03-0324.16%
2011-02-2624.95%
2010-02-2724.23%
2009-02-2824.43%
2008-03-0123.85%
2007-03-0324.40%
2006-02-2525.05%
2005-02-2623.68%
2004-02-2823.92%
2003-03-0123.61%
2002-03-0221.29%
2001-03-0319.83%
2000-02-2620.03%
1999-02-2718.78%
1998-02-2816.55%
1997-03-3114.49%

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.

Richfield, MN
85,000 employees
Consumer Cyclical / Specialty Retail
Sector
Consumer Cyclical
Industry
Specialty Retail
CEO
Corie Sue Barry