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

Best Buy (BBY) has 18 years of Tax Rate data on file, last reported at 25.69% in Q1 2026.

• Tax Rate for Q1 2026 came in at 25.69%, down 2184.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 24.0% (down 472.0% YoY), and the FY2026 annual result was 24.0%, down 472.0% from the prior year.
• Tax Rate fell to 25.69% in Q1 2026 per BBY's latest filing, from 31.22% in the prior quarter.
• Over five years, Tax Rate peaked at 47.53% in Q1 2025 and troughed at 12.8% in Q1 2023.
• A 5-year average of 20.7% and a median of 24.39% in 2022 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2022 and 2024: Tax Rate slumped 3018 bps in 2022, then surged 3403 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 23.4% in 2022, then increased by 6 bps to 24.71% in 2023, then dropped by 3 bps to 23.88% in 2024, then soared by 31 bps to 31.22% in 2025, then slipped by 18 bps to 25.69% in 2026.
• Business Quant data shows BBY's Tax Rate at 25.69% in Q1 2026, 31.22% in Q4 2025, and 26.88% in Q3 2025.