Best Buy (BBY) Tax Rate (2009 - 2026)
Best Buy's (BBY) quarterly Tax Rate came in at 26.98% in Q3 2026, up 10.0% year-over-year from 24.52% in Q3 2025, and little changed quarter-over-quarter from 26.98% in Q2 2026.
Analysis
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 Q3 2026.
- On a quarterly basis, Tax Rate rose 10.0% year-over-year to 26.98% in Q3 2026; TTM through Aug 2026 was 26.94%, a 57.0% increase from a year earlier, with the FY2026 full-year figure at 24.0%, down 472.0% from the prior year.
- Tax Rate was 26.98% for Q3 2026 at Best Buy, roughly flat from 26.98% in the prior quarter.
- Over five years, Tax Rate peaked at 47.53% in Q1 2025 and troughed at 8.56% in Q2 2025.
- A 5-year average of 25.08% and a median of 24.71% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 2630 bps in 2025 and slumped 2184 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 23.4% in 2022, then grew by 6 bps to 24.71% in 2023, then slipped by 3 bps to 23.88% in 2024, then surged by 31 bps to 31.22% in 2025, then dropped by 14 bps to 26.98% in 2026.
- The last three Tax Rate figures came in at 26.98% (Q3 2026), 26.98% (Q2 2026), and 25.69% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ulta Beauty | 23.16 Bn | 22.94 Bn | 1.19 Bn | 24.44% |
| 2 | Best Buy | 19.53 Bn | 17.27 Bn | 2.34 Bn | 26.98% |
| 3 | Dick'S Sporting Goods | 10.76 Bn | 9.84 Bn | 1.94 Bn | 28.04% |
| 4 | GameStop | 10.16 Bn | 5.10 Bn | 345.00 Mn | 28.91% |
| 5 | Signet Jewelers | 3.88 Bn | 3.35 Bn | 602.40 Mn | 28.53% |
| 6 | Academy Sports & Outdoors | 3.00 Bn | 2.70 Bn | 665.90 Mn | 22.70% |
| 7 | National Vision Holdings | 1.33 Bn | 1.30 Bn | 290.43 Mn | 30.89% |
| 8 | Gold.com | 1.32 Bn | 490.26 Mn | 110.30 Mn | 67.09% |
| 9 | Winmark | 1.02 Bn | 997.85 Mn | 21.15 Mn | 21.17% |
| 10 | Barnes & Noble Education | 369.06 Mn | 361.25 Mn | 57.05 Mn | 35.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 26.98% |
| May 2, 2026 | 26.98% |
| Jan 31, 2026 | 25.69% |
| Nov 1, 2025 | 31.22% |
| Aug 2, 2025 | 26.88% |
| May 3, 2025 | 8.56% |
| Feb 1, 2025 | 47.53% |
| Nov 2, 2024 | 23.88% |
| Aug 3, 2024 | 25.83% |
| May 4, 2024 | 24.62% |
| Feb 3, 2024 | 21.23% |
| Oct 28, 2023 | 24.71% |
| Jul 29, 2023 | 26.02% |
| Apr 29, 2023 | 23.44% |
| Jan 28, 2023 | 20.29% |
| Oct 29, 2022 | 23.40% |
| Jul 30, 2022 | 15.80% |
| Apr 30, 2022 | 24.39% |
| Jan 29, 2022 | 29.13% |
| Oct 30, 2021 | 25.00% |