Best Buy (BBY) Tax Rate (2009 - 2026)
Best Buy (BBY) posted quarterly Tax Rate of 26.98% for Q2 2026, up 1843.0% year-over-year from 1.39% in Q2 2025, and up 5.03% quarter-over-quarter from 25.69% in Q1 2026.
Best Buy (BBY) Tax Rate (2009 - 2026) Analysis & Trends
Best Buy (BBY) has reported Tax Rate for 18 consecutive years, with 26.98% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 1843.0% year-over-year to 26.98%; the TTM figure through May 2026 stood at 26.92% (up 83.0% YoY), while the FY2026 annual figure was 24.0%, down 472.0% from the prior year.
- Tax Rate advanced to 26.98% in Q2 2026 per BBY's latest filing, from 25.69% in the prior quarter.
- Across five years, Tax Rate topped out at 47.53% in Q1 2025 and bottomed at 43.54% in Q1 2023.
- Historically, Tax Rate has averaged 21.92% across 5 years, with a median of 24.66% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate tumbled 8150 bps — and 2024, when it surged 6477 bps.
- Best Buy's Tax Rate stood at 23.4% in 2022, then rose by 6 bps to 24.71% in 2023, then declined by 3 bps to 23.88% in 2024, then jumped by 31 bps to 31.22% in 2025, then decreased by 14 bps to 26.98% in 2026.
- Business Quant data shows BBY's Tax Rate at 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 | 30.64 Bn | 30.12 Bn | 1.08 Bn | 23.67% |
| 2 | Williams Sonoma | 28.73 Bn | 27.71 Bn | 1.10 Bn | 24.31% |
| 3 | Ulta Beauty | 23.02 Bn | 22.80 Bn | 1.27 Bn | 23.80% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 19.84% |
| 5 | Best Buy | 18.25 Bn | 16.50 Bn | 2.10 Bn | 26.98% |
| 6 | Dick'S Sporting Goods | 16.13 Bn | 15.13 Bn | 1.68 Bn | 28.34% |
| 7 | Five Below | 13.62 Bn | 12.50 Bn | 478.64 Mn | 24.27% |
| 8 | Murphy USA | 10.41 Bn | 10.23 Bn | 746.50 Mn | 24.68% |
| 9 | Bath & Body Works | 4.05 Bn | 3.10 Bn | 1.24 Bn | 25.09% |
| 10 | MINISO Group Holding | 3.37 Bn | 2.40 Bn | 414.86 Mn | -384.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |