Best Net Income from 2010 to 2024

BBY Stock  USD 87.22  0.45  0.52%   
Best Buy Net Income yearly trend continues to be fairly stable with very little volatility. Net Income will likely drop to about 689.3 M in 2024. During the period from 2010 to 2024, Best Buy Net Income regression line of annual values had r-squared of  0.47 and arithmetic mean of  932,456,681. View All Fundamentals
 
Net Income  
First Reported
1989-10-31
Previous Quarter
246 M
Current Value
291 M
Quarterly Volatility
281.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Best Buy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Best Buy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 472.6 M, Interest Expense of 60.3 M or Selling General Administrative of 5.1 B, as well as many indicators such as Price To Sales Ratio of 0.0561, Dividend Yield of 0.0204 or PTB Ratio of 0.99. Best financial statements analysis is a perfect complement when working with Best Buy Valuation or Volatility modules.
  
Check out the analysis of Best Buy Correlation against competitors.

Latest Best Buy's Net Income Growth Pattern

Below is the plot of the Net Income of Best Buy Co over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Best Buy financial statement analysis. It represents the amount of money remaining after all of Best Buy Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Best Buy's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Best Buy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.24 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Best Net Income Regression Statistics

Arithmetic Mean932,456,681
Geometric Mean746,467,480
Coefficient Of Variation97.07
Mean Deviation664,785,317
Median1,228,000,000
Standard Deviation905,169,727
Sample Variance819332.2T
Range3.7B
R-Value0.69
Mean Square Error463576.6T
R-Squared0.47
Significance0
Slope139,439,631
Total Sum of Squares11470651.3T

Best Net Income History

2024689.3 M
20231.2 B
20221.4 B
20212.5 B
20201.8 B
20191.5 B
20181.5 B

Other Fundumenentals of Best Buy

Best Buy Net Income component correlations

About Best Buy Financial Statements

Best Buy investors use historical fundamental indicators, such as Best Buy's Net Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Best Buy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income1.2 B820.6 M
Net Income Applicable To Common Shares1.6 B1.7 B
Net Income From Continuing Ops1.2 B1.3 B
Net Income Per E B T 0.77  0.61 

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Additional Tools for Best Stock Analysis

When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.