Best Buy Co
Best Buy Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2027 Q2 | Aug 1, 2026 | 55.14% | 24.66% | — | 43.13% | 8.11% | 47.4 pp |
| FY 2027 Q1 | May 2, 2026 | 42.61% | 22.3% | — | 39.1% | 7.88% | 34.9 pp |
| FY 2026 Q4 | Jan 31, 2026 | 44.11% | 20.19% | 867.34% | 37.04% | 7.26% | 36.4 pp |
| FY 2026 Q3 | Nov 1, 2025 | 19.51% | 12.88% | — | 22.49% | 3.82% | 11.8 pp |
| FY 2026 Q2 | Aug 2, 2025 | 28.68% | 14.95% | — | 26.72% | 5.04% | 21 pp |
| FY 2026 Q1 | May 3, 2025 | 29.81% | 16.92% | — | 30.21% | 6.11% | 22.1 pp |
| FY 2025 Q4 | Feb 1, 2025 | 34.9% | 18.26% | — | 31.63% | 6.23% | 27.2 pp |
| FY 2025 Q3 | Nov 2, 2024 | 35.51% | 23.04% | -5.79% | 43.09% | 7.49% | 27.8 pp |
| FY 2025 Q2 | Aug 3, 2024 | 42.4% | 22.91% | — | 42.41% | 8.14% | 34.7 pp |
| FY 2025 Q1 | May 4, 2024 | 40.37% | 22.69% | -131.57% | 42.31% | 8.44% | 32.7 pp |
| FY 2024 Q4 | Feb 3, 2024 | 49.47% | 22.68% | -32.57% | 42.44% | 8.07% | 41.8 pp |
| FY 2024 Q3 | Oct 28, 2023 | 38.03% | 23.46% | -321.77% | 43.96% | 7.53% | 30.3 pp |
| FY 2024 Q2 | Jul 29, 2023 | 40.84% | 23.74% | — | 45.05% | 8.39% | 33.1 pp |
| FY 2024 Q1 | Apr 29, 2023 | 42.01% | 24.54% | — | 47.55% | 8.83% | 34.3 pp |
| FY 2023 Q4 | Jan 28, 2023 | 83.49% | 26.29% | -132.47% | 48.8% | 8.52% | 75.8 pp |
| FY 2023 Q3 | Oct 29, 2022 | 59.65% | 26.67% | -91.42% | 42.64% | 8.35% | 52 pp |
| FY 2023 Q2 | Jul 30, 2022 | 77.81% | 30.77% | -39.06% | 49.04% | 10.42% | 70.1 pp |
| FY 2023 Q1 | Apr 30, 2022 | 97.48% | 37.22% | -1.06% | 63.54% | 13.35% | 89.8 pp |
| FY 2022 Q4 | Jan 29, 2022 | 276.18% | 39.53% | 77.53% | 64.52% | 13.42% | 268.5 pp |
| FY 2022 Q3 | Oct 30, 2021 | 126.39% | 39.83% | — | 63.22% | 12.8% | 118.7 pp |
| FY 2022 Q2 | Jul 31, 2021 | 211.23% | 40.63% | 271.56% | 62.52% | 14.09% | 203.5 pp |
| FY 2022 Q1 | May 1, 2021 | 136.9% | 39.43% | — | 59.04% | 13.41% | 129.2 pp |
| FY 2021 Q4 | Jan 30, 2021 | 120.94% | 29.74% | — | 44.58% | 10.38% | 113.2 pp |
| FY 2021 Q3 | Oct 31, 2020 | 65.86% | 30.08% | — | 47.9% | 9.06% | 58.2 pp |
| FY 2021 Q2 | Aug 1, 2020 | 76.74% | 29.31% | — | 46.13% | 10.06% | 69 pp |
| FY 2021 Q1 | May 2, 2020 | 57.7% | 26.85% | — | 42.43% | 9.52% | 50 pp |
| FY 2020 Q4 | Feb 1, 2020 | 59.35% | 31.1% | — | 45.42% | 10.82% | 51.6 pp |
| FY 2020 Q3 | Nov 2, 2019 | 49.27% | 32.93% | 717.15% | 49.89% | 9.59% | 41.6 pp |
| FY 2020 Q2 | Aug 3, 2019 | 56.07% | 32.01% | 41.82% | 46.82% | 11.23% | 48.4 pp |
| FY 2020 Q1 | May 4, 2019 | 51.65% | 31.74% | 573.65% | 44.91% | 11.42% | 43.9 pp |
| FY 2019 Q4 | Feb 2, 2019 | 44.78% | 35.78% | — | 42.32% | 11.28% | 37.1 pp |
| FY 2019 Q3 | Nov 3, 2018 | 29.27% | 33.53% | — | 30.51% | 7.34% | 21.6 pp |
| FY 2019 Q2 | Aug 4, 2018 | 32.78% | 32.82% | — | 28.01% | 8.3% | 25.1 pp |
| FY 2019 Q1 | May 5, 2018 | 29.09% | 31.41% | — | 25.76% | 8.15% | 21.4 pp |
| FY 2018 Q4 | Feb 3, 2018 | 26.32% | 30.8% | -684.26% | 24.04% | 7.43% | 18.6 pp |
| FY 2018 Q3 | Oct 28, 2017 | 29.22% | 30.84% | 171.96% | 29.55% | 8.48% | 21.5 pp |
| FY 2018 Q2 | Jul 29, 2017 | 29.82% | 28.36% | 33.92% | 27.65% | 8.97% | 22.1 pp |
| FY 2018 Q1 | Apr 29, 2017 | 29.23% | 27.31% | 65.48% | — | 9.18% | 21.5 pp |
| FY 2017 Q4 | Jan 28, 2017 | 30.92% | 27.82% | — | 27.03% | 8.97% | 23.2 pp |
| FY 2017 Q3 | Oct 29, 2016 | 24.99% | 26.51% | — | 24.69% | 7.4% | 17.3 pp |
| FY 2017 Q2 | Jul 30, 2016 | 25.43% | 25.22% | — | 23.06% | 7.69% | 17.7 pp |
| FY 2017 Q1 | Apr 30, 2016 | 25.11% | 24.49% | — | — | 7.49% | 17.4 pp |
| FY 2016 Q4 | Jan 30, 2016 | 20.35% | 19.54% | — | 19.14% | 6.23% | 12.6 pp |
| FY 2016 Q3 | Oct 31, 2015 | 20.12% | 20.32% | -60.4% | 20.33% | 6.06% | 12.4 pp |
| FY 2016 Q2 | Aug 1, 2015 | 20.54% | 19.88% | — | 20.09% | 6.58% | 12.8 pp |
| FY 2016 Q1 | May 2, 2015 | 21.75% | 18.88% | -31.3% | 19.4% | 6.52% | 14.1 pp |
| FY 2015 Q4 | Jan 31, 2015 | 36.4% | 20.63% | 47.5% | 27.46% | 8.43% | 28.7 pp |
| FY 2015 Q3 | Nov 1, 2014 | 28.75% | 16.16% | — | 24.23% | 6.53% | 21.1 pp |
| FY 2015 Q2 | Aug 2, 2014 | — | 14.9% | — | 23.47% | 6.9% | — |
| FY 2015 Q1 | May 3, 2014 | 28.08% | 18.28% | — | 29.28% | 7.61% | 20.4 pp |
| FY 2014 Q4 | Feb 1, 2014 | — | — | — | — | — | — |
| FY 2014 Q3 | Nov 2, 2013 | — | — | — | — | — | — |
| FY 2014 Q2 | Aug 3, 2013 | — | — | — | — | — | — |
| FY 2014 Q1 | May 4, 2013 | — | — | — | — | — | — |
| FY 2012 Q3 | Nov 3, 2012 | — | — | — | — | — | — |
| FY 2012 Q2 | Aug 4, 2012 | — | — | — | — | — | — |
| FY 2012 Q1 | May 5, 2012 | — | — | — | — | — | — |
| FY 2011 Q4 | Feb 26, 2011 | 18.7% | 22.84% | -3.21% | 19.76% | 7.06% | 11 pp |
| FY 2011 Q3 | Nov 27, 2010 | 20.17% | 27.57% | — | 24.37% | 6.47% | 12.5 pp |
| FY 2011 Q2 | Aug 28, 2010 | 20.93% | 27.84% | — | 25% | 8.19% | 13.2 pp |
| FY 2011 Q1 | May 29, 2010 | — | — | — | — | — | — |
| FY 2010 Q4 | Feb 27, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Nov 28, 2009 | — | — | — | — | — | — |
| FY 2010 Q2 | Aug 29, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · BBY, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.