Best Buy Net Income Trend from 2010 to 2020

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BBY -- USA Stock  

Earning Report: February 27, 2020  

Best Buy Net Income yearly trend continues to be fairly stable with very little volatility. Net Income is likely outpace its year average in 2020. During the period from 2010 to 2020, Best Buy Net Income regression line of anual values had slope of 113,218,182 and arithmetic mean of  1,110,090,909. 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 Net Income Marginal Breakdown

Showing smoothed Net Income of Best Buy Co with missing and latest data points interpolated. 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. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of [NetIncNCI] from [ConsolInc]; and before the deduction of [PrefDivIS].

1.53 B

          10 Years Trend
Slightly volatile
 Net Income 

Best Buy Regression Statistics

Arithmetic Mean 1,110,090,909
Geometric Mean 1,001,467,701
Coefficient Of Variation 41.81
Mean Deviation 420,429,752
Median 1,464,000,000
Standard Deviation 464,159,984
Range 998,000,000
R-Value 0.81
R-Squared 0.65
Significance 0.002564
Slope 113,218,182

Best Buy Net Income Over Time

2014  1,464,000,000 
2019  1,233,000,000 
2020  1,530,000,000 

Other Fundumenentals of Best Buy