Best Return On Equity from 2010 to 2024

BBY Stock  USD 89.54  3.03  3.50%   
Best Buy Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0 in 2024. Return On Equity is a measure of the profitability of Best Buy Co in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.40648542
Current Value
0.00387862
Quarterly Volatility
0.15210931
 
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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Best Buy Co over the last few years. Return on Equity is the amount of Best Buy net income returned as a percentage of Best Buy equity. Return on equity measures Best Buy profitability by revealing how much profit Best Buy Co generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Best Buy's Return On Equity 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 0.4210 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Best Return On Equity Regression Statistics

Arithmetic Mean0.33
Geometric Mean0.24
Coefficient Of Variation46.36
Mean Deviation0.13
Median0.41
Standard Deviation0.15
Sample Variance0.02
Range0.4391
R-Value0.27
Mean Square Error0.02
R-Squared0.07
Significance0.34
Slope0.01
Total Sum of Squares0.32

Best Return On Equity History

2024 0.003879
2020 0.41
2014 0.44

About Best Buy Financial Statements

Best Buy investors use historical fundamental indicators, such as Best Buy's Return On Equity, 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

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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.