Best Operating Income from 2010 to 2024

BBY Stock  USD 82.03  0.16  0.20%   
Best Buy Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income will likely drop to about 1.1 B in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Best Buy Co generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-07-31
Previous Quarter
354 M
Current Value
730 M
Quarterly Volatility
310.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Best Buy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Best main balance sheet or income statement drivers, such as Depreciation And Amortization of 480.8 M, Interest Expense of 60.3 M or Selling General Administrative of 5.1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 47.2, Price Earnings Ratio of 26.02 or Price To Sales Ratio of 0.17. Best financial statements analysis is a perfect complement when working with Best Buy Valuation or Volatility modules.
  
This module can also supplement Best Buy's financial leverage analysis and stock options assessment as well as various Best Buy Technical models . Check out the analysis of Best Buy Correlation against competitors.

Latest Best Buy's Operating Income Growth Pattern

Below is the plot of the Operating Income of Best Buy Co over the last few years. Operating Income is the amount of profit realized from Best Buy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Best Buy Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Best Buy's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Best Buy's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Best Operating Income Regression Statistics

Arithmetic Mean1,509,797,972
Coefficient Of Variation53.65
Mean Deviation595,815,496
Median1,716,000,000
Standard Deviation809,993,382
Sample Variance656089.3T
Range3.1B
R-Value0.65
Mean Square Error409127.5T
R-Squared0.42
Significance0.01
Slope117,512,811
Total Sum of Squares9185249.9T

Best Operating Income History

20241.1 B
20231.7 B
20221.8 B
2021B
20202.4 B
2019B
20181.9 B

Other Fundumenentals of Best Buy

Best Buy Operating Income component correlations

0.770.74-0.040.740.620.580.410.970.920.50.960.680.330.38-0.12-0.67-0.18-0.02-0.080.30.33-0.110.150.040.06-0.04-0.04-0.07
0.770.58-0.220.560.90.860.490.750.840.230.80.75-0.190.080.0-0.490.160.170.010.05-0.170.18-0.180.220.210.250.22-0.19
0.740.58-0.320.990.490.390.520.580.860.10.650.830.03-0.04-0.48-0.270.010.06-0.010.21-0.10.16-0.040.280.320.230.31-0.14
-0.04-0.22-0.32-0.37-0.11-0.01-0.320.06-0.340.56-0.11-0.160.50.70.22-0.33-0.27-0.42-0.08-0.260.65-0.650.43-0.64-0.85-0.81-0.860.62
0.740.560.99-0.370.480.350.460.580.860.090.660.820.01-0.1-0.5-0.260.00.07-0.020.22-0.110.19-0.050.320.360.270.35-0.17
0.620.90.49-0.110.480.830.350.590.680.210.650.7-0.320.040.07-0.410.320.280.11-0.07-0.270.28-0.170.110.150.280.22-0.21
0.580.860.39-0.010.350.830.420.560.610.10.580.69-0.190.2-0.02-0.510.360.20.12-0.13-0.180.14-0.07-0.110.00.06-0.02-0.06
0.410.490.52-0.320.460.350.420.320.47-0.110.380.37-0.180.060.08-0.14-0.090.11-0.110.11-0.210.17-0.380.410.30.420.36-0.38
0.970.750.580.060.580.590.560.320.840.60.960.540.410.480.02-0.72-0.23-0.05-0.10.30.44-0.20.2-0.04-0.03-0.13-0.15-0.03
0.920.840.86-0.340.860.680.610.470.840.260.910.810.060.03-0.31-0.47-0.020.05-0.10.24-0.020.12-0.070.220.30.220.24-0.25
0.50.230.10.560.090.210.1-0.110.60.260.490.080.540.640.25-0.54-0.46-0.55-0.310.370.71-0.570.43-0.21-0.25-0.53-0.410.29
0.960.80.65-0.110.660.650.580.380.960.910.490.640.280.32-0.03-0.69-0.24-0.04-0.120.310.26-0.120.040.040.10.01-0.01-0.17
0.680.750.83-0.160.820.70.690.370.540.810.080.64-0.21-0.08-0.42-0.440.110.050.07-0.04-0.220.11-0.110.140.110.120.17-0.01
0.33-0.190.030.50.01-0.32-0.19-0.180.410.060.540.28-0.210.69-0.1-0.28-0.41-0.45-0.250.20.8-0.640.49-0.52-0.46-0.71-0.710.36
0.380.08-0.040.7-0.10.040.20.060.480.030.640.32-0.080.690.41-0.68-0.41-0.220.070.20.79-0.620.53-0.43-0.51-0.72-0.680.5
-0.120.0-0.480.22-0.50.07-0.020.080.02-0.310.25-0.03-0.42-0.10.41-0.36-0.350.210.310.290.24-0.2-0.020.08-0.05-0.04-0.04-0.06
-0.67-0.49-0.27-0.33-0.26-0.41-0.51-0.14-0.72-0.47-0.54-0.69-0.44-0.28-0.68-0.360.440.0-0.26-0.33-0.540.43-0.320.190.240.420.35-0.24
-0.180.160.01-0.270.00.320.36-0.09-0.23-0.02-0.46-0.240.11-0.41-0.41-0.350.440.50.27-0.3-0.550.54-0.15-0.040.160.320.22-0.16
-0.020.170.06-0.420.070.280.20.11-0.050.05-0.55-0.040.05-0.45-0.220.210.00.50.750.0-0.380.49-0.270.240.230.50.37-0.33
-0.080.01-0.01-0.08-0.020.110.12-0.11-0.1-0.1-0.31-0.120.07-0.250.070.31-0.260.270.750.28-0.05-0.030.030.140.01-0.040.040.19
0.30.050.21-0.260.22-0.07-0.130.110.30.240.370.31-0.040.20.20.29-0.33-0.30.00.280.37-0.290.250.350.48-0.090.22-0.01
0.33-0.17-0.10.65-0.11-0.27-0.18-0.210.44-0.020.710.26-0.220.80.790.24-0.54-0.55-0.38-0.050.37-0.730.65-0.37-0.5-0.77-0.680.53
-0.110.180.16-0.650.190.280.140.17-0.20.12-0.57-0.120.11-0.64-0.62-0.20.430.540.49-0.03-0.29-0.73-0.180.290.630.810.76-0.51
0.15-0.18-0.040.43-0.05-0.17-0.07-0.380.2-0.070.430.04-0.110.490.53-0.02-0.32-0.15-0.270.030.250.65-0.18-0.38-0.12-0.63-0.340.66
0.040.220.28-0.640.320.11-0.110.41-0.040.22-0.210.040.14-0.52-0.430.080.19-0.040.240.140.35-0.370.29-0.380.660.610.76-0.19
0.060.210.32-0.850.360.150.00.3-0.030.3-0.250.10.11-0.46-0.51-0.050.240.160.230.010.48-0.50.63-0.120.660.690.91-0.46
-0.040.250.23-0.810.270.280.060.42-0.130.22-0.530.010.12-0.71-0.72-0.040.420.320.5-0.04-0.09-0.770.81-0.630.610.690.88-0.78
-0.040.220.31-0.860.350.22-0.020.36-0.150.24-0.41-0.010.17-0.71-0.68-0.040.350.220.370.040.22-0.680.76-0.340.760.910.88-0.55
-0.07-0.19-0.140.62-0.17-0.21-0.06-0.38-0.03-0.250.29-0.17-0.010.360.5-0.06-0.24-0.16-0.330.19-0.010.53-0.510.66-0.19-0.46-0.78-0.55
Click cells to compare fundamentals

About Best Buy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Best Buy income statement, its balance sheet, and the statement of cash flows. Best Buy investors use historical funamental indicators, such as Best Buy's Operating Income, to determine how well the company is positioned to perform in the future. Although Best Buy investors may use each financial statement separately, they are all related. The changes in Best Buy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Best Buy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Best Buy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Best Buy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Operating Income1.7 B1.1 B
Non Operating Income Net Other26.1 M23.2 M

Pair Trading with Best Buy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Best Buy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Best Buy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Best Stock

  0.77W Wayfair Financial Report 2nd of May 2024 PairCorr
  0.66HD Home Depot Financial Report 21st of May 2024 PairCorr

Moving against Best Stock

  0.48PDD Pinduoduo Financial Report 24th of May 2024 PairCorr
  0.46WNW Meiwu Technology Report 10th of May 2024 PairCorr
The ability to find closely correlated positions to Best Buy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Best Buy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Best Buy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Best Buy Co to buy it.
The correlation of Best Buy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Best Buy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Best Buy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Best Buy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:
Check out the analysis of Best Buy Correlation against competitors.
Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Best Stock analysis

When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Transaction History
View history of all your transactions and understand their impact on performance
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
CEOs Directory
Screen CEOs from public companies around the world
Is Best Buy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Best Buy. If investors know Best will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Best Buy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
3.68
Earnings Share
5.68
Revenue Per Share
199.596
Quarterly Revenue Growth
(0.01)
The market value of Best Buy is measured differently than its book value, which is the value of Best that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Best Buy's market value can be influenced by many factors that don't directly affect Best Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.