Best Buy (BBY) Tax Rate (2009 - 2026)

Best Buy's (BBY) quarterly Tax Rate came in at 26.98% in Q2 2026, up 1843.0% year-on-year from 1.39% in Q2 2025, and up 5.03% on a QoQ basis from 25.69% in Q1 2026.

Best Buy (BBY) Tax Rate (2009 - 2026) Analysis & Trends

Best Buy (BBY) has 18 years of Tax Rate data on file, last reported at 26.98% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 1843.0% year-over-year to 26.98% in Q2 2026; TTM through May 2026 was 26.92%, a 83.0% increase from a year earlier, with the FY2026 full-year figure at 24.0%, down 472.0% from the prior year.
  • Tax Rate for Q2 2026 stood at 26.98%, up from 25.69% in the prior quarter.
  • Over the last five years, Tax Rate for BBY reached as high as 47.53% in Q1 2025 and fell as low as 43.54% in Q1 2023.
  • Historically, Tax Rate has averaged 21.92% across 5 years, with a median of 24.66% in 2023.
  • Across the five-year window, Tax Rate sank 8150 bps in 2023 and soared 6477 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 23.4% in 2022, then advanced by 6 bps to 24.71% in 2023, then retreated by 3 bps to 23.88% in 2024, then soared by 31 bps to 31.22% in 2025, then dropped by 14 bps to 26.98% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 26.98% in Q2 2026, 25.69% in Q1 2026, and 31.22% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Caseys General Stores 32.13 Bn 31.61 Bn 1.08 Bn 23.67%
2 NaaS Technology 30.58 Bn 30.58 Bn - -
3 Williams Sonoma 28.34 Bn 27.33 Bn 1.10 Bn 24.31%
4 Ulta Beauty 23.18 Bn 22.69 Bn 1.48 Bn 24.80%
5 Best Buy 18.52 Bn 16.77 Bn 2.10 Bn 26.98%
6 Dick'S Sporting Goods 16.59 Bn 15.24 Bn 1.77 Bn 28.71%
7 MINISO Group Holding 16.05 Bn 14.98 Bn 414.86 Mn -384.43%
8 Tractor Supply 15.89 Bn 15.66 Bn 1.30 Bn 23.24%
9 Five Below 12.09 Bn 11.16 Bn 696.98 Mn 24.82%
10 Murphy USA 11.42 Bn 11.30 Bn -3.64 Bn 22.64%

Historic Data

Download Data
DateValue
May 2, 2026 26.98%
May 2, 2026 26.98%
May 2, 2026 26.98%
Jan 31, 2026 25.69%
Jan 31, 2026 25.69%
Jan 31, 2026 25.69%
Nov 1, 2025 31.22%
Nov 1, 2025 31.22%
Nov 1, 2025 31.22%
Aug 2, 2025 26.88%
Aug 2, 2025 26.88%
Aug 2, 2025 26.88%
May 3, 2025 8.56%
May 3, 2025 8.56%
May 3, 2025 8.56%
Feb 1, 2025 47.53%
Feb 1, 2025 47.53%
Feb 1, 2025 47.53%
Nov 2, 2024 23.88%
Nov 2, 2024 23.88%