• Best Buy average net profit margin for 2023 was 2.96%, a 25.63% decline from 2022.
• Best Buy average net profit margin for 2022 was 3.98%, a 12.33% decline from 2021.
• Best Buy average net profit margin for 2021 was 4.54%, a 26.11% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.