Best Buy Gross Profit Trend from 2010 to 2020

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BBY -- USA Stock  

Earning Report: February 27, 2020  

Best Buy Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely outpace its year average in 2020. During the period from 2010 to 2020, Best Buy Gross Profit regression line of anual values had slope of 38,245,455 and arithmetic mean of  9,673,454,545. Best Buy Direct Expenses is fairly stable at the moment as compared to the last year. Best Buy reported Direct Expenses of 31.29 Billion in 2019. Consolidated Income is likely to grow to about 1.2 B in 2020, whereas Cost of Revenue is likely to drop slightly above 30.4 B in 2020. Check Best Buy fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 36 B, Consolidated Income of 1.2 B or Cost of Revenue of 30.4 B, as well as many exotic indicators such as Interest Coverage of 16.77, Long Term Debt to Equity of 0.2946 or Calculated Tax Rate of 10.43. This can be a perfect complement to check Best Buy Valuation or Volatility. It can also complement various Best Buy Technical models. Continue to the analysis of Best Buy Correlation with competitors.

Best Buy Gross Profit Marginal Breakdown

Showing smoothed Gross Profit of Best Buy Co with missing and latest data points interpolated. Gross profit is a required income statement account that reflects total revenue of Best Buy Co minus its cost of goods sold. It is profit before Best Buy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue [Revenue] less cost of revenue [CoR] directly attributable to the revenue generation activity.

9.96 B

          10 Years Trend
Slightly volatile
 Gross Profit 

Best Buy Regression Statistics

Arithmetic Mean 9,673,454,545
Geometric Mean 9,667,802,014
Coefficient Of Variation 3.56
Mean Deviation 313,504,132
Median 9,960,000,000
Standard Deviation 344,857,467
Range 914,000,000
R-Value 0.37
R-Squared 0.14
Significance 0.27
Slope 38,245,455

Best Buy Gross Profit Over Time

2014  9,961,000,000 
2019  9,047,000,000 
2020  9,960,000,000