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

Best Buy (BBY) has disclosed Tax Rate for 18 consecutive years, with 25.69% as the latest value 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 for Q1 2026 was 25.69% at Best Buy, down from 31.22% in the prior quarter.
  • The five-year high for Tax Rate was 47.53% in Q1 2025, with the low at 12.8% in Q1 2023.
  • Average Tax Rate over 5 years is 20.7%, with a median of 24.39% recorded in 2022.
  • The sharpest move saw Tax Rate crashed -3018bps in 2022, then soared 3403bps in 2024.
  • Over 5 years, Tax Rate stood at 23.4% in 2022, then grew by 6bps to 24.71% in 2023, then fell by -3bps to 23.88% in 2024, then surged by 31bps to 31.22% in 2025, then decreased by -18bps to 25.69% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods came in at 25.69%, 31.22%, and 26.88% for Q1 2026, Q4 2025, and Q3 2025 respectively.