Best Buy Co (MEX:BBY) Operating Income: MXN31,958 Mil (TTM As of Apr. 2026)

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MEX:BBY Best Buy Co Inc MEX:BBY
68 GF Score
Price MXN1,443.21
GF Value MXN1,276.05
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Best Buy Co Operating Income?

Best Buy Co MEX:BBY 68 Operating Income is MXN31,958 Mil as of Apr. 2026. GuruFocus rates MEX:BBY with a GF Score™ of 68/100 and a GF Value™ of MXN1,276.05 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Best Buy Co's Operating Income for the three months ended in Apr. 2026 was MXN6,323 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was MXN31,958 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Best Buy Co's Operating Income for the three months ended in Apr. 2026 was MXN6,323 Mil. Best Buy Co's Revenue for the three months ended in Apr. 2026 was MXN156,524 Mil. Therefore, Best Buy Co's Operating Margin % for the quarter that ended in Apr. 2026 was 4.04%.

Warning Sign:

Best Buy Co Inc operating margin has been in a 5-year decline. The average rate of decline per year is -6.8%.

Best Buy Co's 5-Year average Growth Rate for Operating Margin % was -6.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Best Buy Co's annualized ROC % for the quarter that ended in Apr. 2026 was 12.83%. Best Buy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 32.20%.


Best Buy Co  (MEX:BBY) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Best Buy Co's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=25293.248 * ( 1 - 26.98% )/( (145005.45 + 143001.441)/ 2 )
=18469.1296896/144003.4455
=12.83 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=254514.231 - 95195.609 - ( 30153.083 - max(0, 133225.275 - 147538.447+30153.083))
=145005.45

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=260814.729 - 101295.606 - ( 30635.659 - max(0, 136573.032 - 153090.714+30635.659))
=143001.441

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Best Buy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=27255.052/( ( (84230.852 + max(-4840.455, 0)) + (85075.698 + max(-3170.414, 0)) )/ 2 )
=27255.052/( ( 84230.852 + 85075.698 )/ 2 )
=27255.052/84653.275
=32.20 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18095.32 + 90736.839 + 8553.205) - (95195.609 + 19691.456 + 7338.754)
=-4840.455

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15869.587 + 98055.128 + 8530.34) - (101295.606 + 18777.259 + 5552.604)
=-3170.414

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Best Buy Co's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=6323.312/156523.87
=4.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Best Buy Co Operating Income Related Terms


Best Buy Co Operating Income Historical Data

* Premium members only.

The historical data trend for Best Buy Co's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Best Buy Co Operating Income Chart

Best Buy Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62,014.19 36,505.72 29,663.30 35,770.69 30,361.28

Best Buy Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,425.98 6,860.91 6,750.93 12,023.07 6,323.31
MEX:BBY
68GF Score
Best Buy Co Inc MEX:BBY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Best Buy Co Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN31,958 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of MXN31,958 Mil mean?
Best Buy Co (MEX:BBY) has a Operating Income of MXN31,958 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Best Buy Co and its competitors.
Is Best Buy Co's Operating Income too high?
Best Buy Co's current Operating Income is MXN31,958 Mil. Overall, Best Buy Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Best Buy Co's Operating Income compare to DKS and TSCO?
Best Buy Co's Operating Income of MXN31,958 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Retail - Cyclical company?
A good Operating Income depends on the Retail - Cyclical industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Best Buy Co and its competitors. Best Buy Co's current Operating Income is MXN31,958 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Buy Co stock overvalued right now?
Based on GuruFocus' analysis, Best Buy Co (MEX:BBY) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,276.05, compared to a current price of MXN1,443.21 — trading 13.1% above its estimated fair value. The current Operating Income is MXN31,958 Mil. Best Buy Co's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Best Buy Co (MEX:BBY), the current Operating Income is MXN31,958 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Best Buy Co (MEX:BBY) Overvalued in 2026?

Based on GuruFocus' analysis, Best Buy Co stock appears to be overvalued. The current stock price of MXN1,443.21 is trading 13.1% above its estimated GF Value™ of MXN1,276.05. GuruFocus considers Best Buy Co to be Modestly Overvalued.

Key valuation signals for MEX:BBY:

  • Operating Income: MXN31,958 Mil
  • GF Value™: MXN1,276.05 vs. price of MXN1,443.21 (13.1% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the MEX:BBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Best Buy Co Business Description

Address 7601 Penn Avenue South, Richfield, MN, USA, 55423
Best Buy Co Inc is a pure-play consumer electronics retailer in the USA. It has two reportable segments: Domestic and International. The Domestic and International segments have offerings in six revenue categories. Computing and Mobile Phones, Consumer Electronics, Appliances, Entertainment, Services, and Other. The company has approximately 1,068 stores throughout its Domestic and International segments. It also have vendor store-within-a-store concepts to allow closer vendor partnerships and a higher quality customer experience. The company generates majority of its revenue from the Domestic segment.
68GF Score

Get the complete analysis for MEX:BBY

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,443.21
Price
MXN1,276.05
GF Value