Best Historical Income Statement
BBY Stock | USD 88.17 0.31 0.35% |
Historical analysis of Best Buy income statement accounts such as Interest Expense of 60.3 M, Selling General Administrative of 5.1 B or Total Revenue of 27.9 B can show how well Best Buy Co performed in making a profits. Evaluating Best Buy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Best Buy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Best Buy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Best Buy is a good buy for the upcoming year.
Best |
About Best Income Statement Analysis
Best Buy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Best Buy shareholders. The income statement also shows Best investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Best Buy Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Best Buy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Best Buy Co minus its cost of goods sold. It is profit before Best Buy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Best Buy. It is also known as Best Buy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Best Buy income statement and is an important metric when analyzing Best Buy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Best Buy financial statement analysis. It represents the amount of money remaining after all of Best Buy Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Best Buy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Best Buy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Best Buy's Interest Expense is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 49.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 472.6 M in 2024.
2021 | 2022 | 2024 (projected) | Interest Expense | 25M | 35M | 60.3M | Depreciation And Amortization | 869M | 918M | 472.6M |
Best Buy income statement Correlations
Click cells to compare fundamentals
Best Buy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Best Buy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 853M | 839M | 869M | 918M | 923M | 472.6M | |
Interest Expense | 73M | 64M | 52M | 25M | 35M | 60.3M | |
Selling General Administrative | 7.2B | 7.1B | 7.7B | 7.1B | 7.0B | 5.1B | |
Total Revenue | 43.6B | 47.3B | 51.8B | 46.3B | 43.5B | 27.9B | |
Gross Profit | 10.0B | 10.6B | 11.6B | 9.9B | 9.6B | 6.5B | |
Other Operating Expenses | 41.6B | 44.6B | 48.8B | 44.4B | 41.9B | 26.7B | |
Operating Income | 2.0B | 2.4B | 3.0B | 1.8B | 1.6B | 1.2B | |
Ebit | 2.0B | 2.7B | 3.0B | 1.9B | 1.7B | 1.2B | |
Ebitda | 2.9B | 3.5B | 3.9B | 2.9B | 2.6B | 1.7B | |
Cost Of Revenue | 33.6B | 36.7B | 40.1B | 36.4B | 33.8B | 21.5B | |
Total Operating Expenses | 8.0B | 7.9B | 8.6B | 8.0B | 8.0B | 5.2B | |
Income Before Tax | 2.0B | 2.4B | 3.0B | 1.8B | 1.6B | 1.1B | |
Total Other Income Expense Net | (16M) | (14M) | (15M) | (7M) | 47M | 49.4M | |
Net Income | 1.5B | 1.8B | 2.5B | 1.4B | 1.2B | 689.3M | |
Income Tax Expense | 452M | 579M | 574M | 370M | 381M | 370.7M | |
Selling And Marketing Expenses | 840M | 819M | 915M | 864M | 794M | 405.4M | |
Tax Provision | 452M | 579M | 574M | 370M | 381M | 392.4M | |
Interest Income | 16M | 14M | 15M | 7M | 6.3M | 6.0M | |
Net Income Applicable To Common Shares | 1.5B | 1.8B | 2.5B | 1.4B | 1.6B | 1.7B | |
Net Income From Continuing Ops | 1.5B | 1.8B | 2.5B | 1.4B | 1.2B | 1.3B | |
Reconciled Depreciation | 812M | 839M | 869M | 918M | 923M | 940.7M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional 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.