Best Buy Co., Inc. BBY

90.51 (0.49) (0.54%) as of 25 Sep
Market cap
$18.8B
P/E
15.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Best Buy Co., Inc. (BBY) Gross margin

Best Buy Co., Inc.'s gross margin over the twelve months to 31 July 2026 was 22.7%, up 0.2 percentage points from fiscal 2026 (22.5%). Over the past ten years it has ranged from 21.4% (fiscal 2023) to 24.0% (fiscal 2017); the current reading is higher than 42% of that period. That is below the Specialty Retail industry median of 37.9% and below the Consumer Cyclical sector median of 35.0%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2026 22.5% (0.12)
FY2025 22.6% 0.50
FY2024 22.1% 0.69
FY2023 21.4% (1.08)
FY2022 22.5% 0.12
FY2021 22.4% (0.66)
FY2020 23.0% (0.20)
FY2019 23.2% (0.20)
FY2018 23.4% (0.53)
FY2017 24.0% 0.71

Quarterly

Period Gross margin Change (points)
Jul 2026 23.9% 0.39
Apr 2026 23.5% 2.66
Jan 2026 20.9% (2.38)
Oct 2025 23.2% (0.01)
44 more quarters

Against its own ten years

Low 21.4% High 24.0%
Ten-year median 22.5%
Current reading's percentile 42

Gross margin against peers

Company Gross margin
WSM Williams-Sonoma, Inc. compare 47.2%
FIVE Five Below, Inc. compare 40.3%
ULTA Ulta Beauty Inc. compare 39.3%
GME GameStop Corp. compare 37.9%
TSCO Tractor Supply Company compare 36.5%
DKS DICK'S Sporting Goods, Inc. compare 32.1%
CASY Casey's General Stores, Inc. compare 23.8%
BBY Best Buy Co., Inc. 22.7%
MUSA Murphy USA Inc. compare 12.2%
Specialty Retail industry median 37.9%
Consumer Cyclical sector median 35.0%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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