Best Buy (BBY) Operating Margin (2009 - 2026)
Best Buy (BBY) posted quarterly Operating Margin of 4.14% for Q2 2026, up 164.0% YoY from 1.57% in Q2 2025, and down 20.67% sequentially from 5.22% in Q1 2026.
Best Buy (BBY) Operating Margin (2009 - 2026) Analysis & Trends
Best Buy has disclosed Operating Margin across 18 years of filings, most recently posting 4.14% for Q2 2026.
- In Q2 2026, Operating Margin rose 164.0% year-over-year to 4.14%; the TTM figure through May 2026 stood at 3.68% (up 86.0% YoY), while the FY2026 annual figure was 3.33%, up 29.0% from the prior year.
- Operating Margin fell to 4.14% in Q2 2026, from 5.22% in the prior quarter.
- Over the last five years, Operating Margin for BBY reached as high as 5.22% in Q1 2026 and fell as low as 5.58% in Q1 2023.
- The 5-year median for Operating Margin is 3.61% (2023), against an average of 3.03%.
- Annual changes were most pronounced in 2023 — Operating Margin sank 1049 bps — and 2024, when it soared 941 bps.
- A 5-year view of Operating Margin shows it stood at 3.45% in 2022, then advanced by 5 bps to 3.63% in 2023, then grew by 2 bps to 3.71% in 2024, then tumbled by 45 bps to 2.05% in 2025, then jumped by 102 bps to 4.14% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 4.14%, 5.22%, and 2.05% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 7.66% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 20.27% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 2.96% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 6.50% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 4.14% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 4.26% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 17.99% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 59.29% |
| 10 | Academy Sports & Outdoors | 3.04 Bn | 2.71 Bn | 479.35 Mn | 5.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 4.14% |
| Jan 31, 2026 | 5.22% |
| Nov 1, 2025 | 2.05% |
| Aug 2, 2025 | 2.66% |
| May 3, 2025 | 2.50% |
| Feb 1, 2025 | 1.56% |
| Nov 2, 2024 | 3.71% |
| Aug 3, 2024 | 4.12% |
| May 4, 2024 | 3.53% |
| Feb 3, 2024 | 3.83% |
| Oct 28, 2023 | 3.63% |
| Jul 29, 2023 | 3.63% |
| Apr 29, 2023 | 3.29% |
| Jan 28, 2023 | -5.58% |
| Oct 29, 2022 | 3.45% |
| Jul 30, 2022 | 3.59% |
| Apr 30, 2022 | 4.34% |
| Jan 29, 2022 | 4.91% |
| Oct 30, 2021 | 5.63% |
| Jul 31, 2021 | 6.73% |