Best Buy (BBY) Return on Invested Capital [ROIC] (2009 - 2026)
Best Buy (BBY) recorded Return on Invested Capital [ROIC] of 29.04% in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 9.50 percentage points from 19.54% a year earlier and up 2.22 percentage points from the prior quarter.
Best Buy (BBY) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Best Buy reported Return on Invested Capital [ROIC] of 26.06%, up 4.07 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] has a five-year change of -7.70 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Invested Capital [ROIC] came in at 21.99% in FY2025 (-7.41 pp), 29.41% in FY2024 (-5.23 pp), 34.64% in FY2023 (-13.58 pp) and 48.22% in FY2022 (+14.45 pp).
- The fiscal Q2 2027 figure is the highest quarterly Return on Invested Capital [ROIC] since fiscal Q4 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for three consecutive quarters, with an average year-over-year change of -2.40 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 20.22 percentage points in fiscal Q4 2022, against a drop of 20.97 percentage points in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 26.82% (Q1 2027), 26.53% (Q4 2026) and 16.43% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,674.18 Bn | 2,190.88 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 319.00 Bn | 312.24 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 159.67 Bn | 137.22 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 111.47 Bn | 104.43 Bn | 8.58 Bn | 26.54% |
| 5 | O Reilly Automotive | 73.39 Bn | 72.48 Bn | 2.52 Bn | 54.96% |
| 6 | Ross Stores | 73.30 Bn | 56.23 Bn | 2.12 Bn | 33.92% |
| 7 | Target | 69.39 Bn | 63.98 Bn | 8.94 Bn | 14.40% |
| 8 | Carvana | 63.54 Bn | 55.14 Bn | 1.38 Bn | 0.00% |
| 9 | Autozone | 52.26 Bn | 51.16 Bn | 2.52 Bn | 46.31% |
| 10 | Best Buy | 21.01 Bn | 14.34 Bn | 2.34 Bn | 29.04% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 29.04% |
| May 2, 2026 | 26.82% |
| Jan 31, 2026 | 26.53% |
| Nov 1, 2025 | 16.43% |
| Aug 2, 2025 | 19.54% |
| May 3, 2025 | 21.91% |
| Feb 1, 2025 | 21.94% |
| Nov 2, 2024 | 28.84% |
| Aug 3, 2024 | 28.87% |
| May 4, 2024 | 28.43% |
| Feb 3, 2024 | 29.46% |
| Oct 28, 2023 | 31.28% |
| Jul 29, 2023 | 31.58% |
| Apr 29, 2023 | 33.06% |
| Jan 28, 2023 | 35.05% |
| Oct 29, 2022 | 38.14% |
| Jul 30, 2022 | 44.63% |
| Apr 30, 2022 | 54.03% |
| Jan 29, 2022 | 50.43% |
| Oct 30, 2021 | 47.06% |
Best Buy Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BBY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BBY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BBY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();