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| 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% |