KPIs & Operating Metrics(New)
Growth Metrics

Best Buy (BBY) Tax Rate (2016 - 2026)

Best Buy has reported Tax Rate over the past 18 years, most recently at 25.69% for Q1 2026.

  • Quarterly Tax Rate fell 2184.0% to 25.69% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 24.0% through Jan 2026, down 472.0% year-over-year, with the annual reading at 24.0% for FY2026, 472.0% down from the prior year.
  • Tax Rate was 25.69% for Q1 2026 at Best Buy, down 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.
  • The 5-year median for Tax Rate is 24.39% (2022), against an average of 20.7%.
  • Year-over-year, Tax Rate tumbled -3018bps in 2022 and then surged 3403bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 23.4% in 2022, then increased by 6bps to 24.71% in 2023, then dropped by -3bps to 23.88% in 2024, then soared by 31bps to 31.22% in 2025, then fell by -18bps to 25.69% in 2026.
  • Per Business Quant, the three most recent readings for BBY's Tax Rate are 25.69% (Q1 2026), 31.22% (Q4 2025), and 26.88% (Q3 2025).