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Calculation
Operating profit margin | = | 100 | × | Operating income (loss)1 | ÷ | Revenue1 | |
---|---|---|---|---|---|---|---|
Jan 29, 2022 | = | 100 | × | ÷ | |||
Jan 30, 2021 | = | 100 | × | ÷ | |||
Feb 1, 2020 | = | 100 | × | ÷ | |||
Feb 2, 2019 | = | 100 | × | ÷ | |||
Feb 3, 2018 | = | 100 | × | ÷ | |||
Jan 28, 2017 | = | 100 | × | ÷ | |||
Jan 30, 2016 | = | 100 | × | ÷ | |||
Jan 31, 2015 | = | 100 | × | ÷ | |||
Feb 1, 2014 | = | 100 | × | ÷ | |||
Feb 2, 2013 | = | 100 | × | ÷ | |||
Mar 3, 2012 | = | 100 | × | ÷ | |||
Feb 26, 2011 | = | 100 | × | ÷ | |||
Feb 27, 2010 | = | 100 | × | ÷ | |||
Feb 28, 2009 | = | 100 | × | ÷ | |||
Mar 1, 2008 | = | 100 | × | ÷ | |||
Mar 3, 2007 | = | 100 | × | ÷ | |||
Feb 25, 2006 | = | 100 | × | ÷ | |||
Feb 26, 2005 | = | 100 | × | ÷ |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-KT (reporting date: 2013-02-02), 10-K (reporting date: 2012-03-03), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).
1 US$ in millions
- Revenue Trends
- Revenue exhibited a general upward trend from 2005 through 2012, rising from approximately 27.4 billion to over 50.7 billion dollars. However, a notable decline followed in 2013 and 2014, with revenue dropping to around 45.1 billion and then 42.4 billion respectively. The period from 2015 to 2017 saw a plateau with slight decreases, stabilizing near 39.4 billion. From 2018 onward, the revenue resumed growth, reaching 51.8 billion by early 2022, indicating a recovery and expansion phase.
- Operating Income (Loss) Patterns
- Operating income generally increased from 1.4 billion in 2005 to a peak above 2.2 billion in 2010. Post-2010, there was a significant decline in 2012 to approximately 1.1 billion, followed by a substantial loss in 2013, registering negative 125 million. Operating income rebounded strongly after 2013, fluctuating between 1.1 and 2.4 billion until 2022, when it reached a new high of around 3 billion. This indicates periods of operational challenges as well as recovery.
- Operating Profit Margin Observations
- The operating profit margin was relatively stable around 5.3% to 5.6% from 2005 to 2007, followed by a marked decrease to 2.14% in 2012 and a negative margin in 2013 (-0.28%), mirroring the operating income loss. Post-2013, margin improvements were evident, climbing steadily to 5.87% by 2022. This reflects improvements in operational efficiency or cost management in recent years after an adverse period.
- Overall Insights
- The company experienced steady growth in revenue and profitability from 2005 to approximately 2011. Subsequently, there was a challenging period marked by declines in revenue, profitability, and even a loss in 2013, possibly signaling market pressures or internal difficulties. Recovery is clearly visible from 2014 onwards, with both revenue and operating income increasing and the operating margin returning to and exceeding prior levels by 2022. This suggests successful strategic adjustments and improved operational performance during the latest period.
Comparison to Competitors
Best Buy Co. Inc. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | |
---|---|---|---|---|
Jan 29, 2022 | ||||
Jan 30, 2021 | ||||
Feb 1, 2020 | ||||
Feb 2, 2019 | ||||
Feb 3, 2018 | ||||
Jan 28, 2017 | ||||
Jan 30, 2016 | ||||
Jan 31, 2015 | ||||
Feb 1, 2014 | ||||
Feb 2, 2013 | ||||
Mar 3, 2012 | ||||
Feb 26, 2011 | ||||
Feb 27, 2010 | ||||
Feb 28, 2009 | ||||
Mar 1, 2008 | ||||
Mar 3, 2007 | ||||
Feb 25, 2006 | ||||
Feb 26, 2005 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-KT (reporting date: 2013-02-02), 10-K (reporting date: 2012-03-03), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).