• Best Buy average pre-tax profit margin for 2023 was 3.76%, a 24.5% increase from 2022.
• Best Buy average pre-tax profit margin for 2022 was 4.98%, a 13.84% decline from 2021.
• Best Buy average pre-tax profit margin for 2021 was 5.78%, a 22.2% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.