Discontinued — last reported Q4 '24
International — Operating Loss Carryforwards
Best Buy International — Operating Loss Carryforwards decreased by 98.2% to $2M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 98.3%, from $118M to $2M. Over 4 years (FY 2020 to FY 2024), International — Operating Loss Carryforwards shows relatively stable performance with a 0.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher carryforwards indicate significant past losses, which could provide future tax shields if the segment returns to profitability.
Detailed definition
Represents the accumulated tax losses from the international segment that can be applied against future taxable income t...
Peer comparison
Comparable to deferred tax assets related to net operating losses (NOLs) for multinational companies.
bby_segment_international_operating_loss_carryforwardsHistorical Data
| Q4 '21 | Q4 '21 | Q4 '22 | Q4 '22 | Q4 '23 | Q4 '23 | Q4 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $108M | $1M | $117M | $1M | $118M | $1M | $112M | $2M |
| QoQ Change | — | -99.1% | >999% | -99.1% | >999% | -99.2% | >999% | -98.2% |
| YoY Change | — | — | +8.3% | -99.1% | +0.9% | -99.1% | -5.1% | -98.3% |
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Frequently Asked Questions
- What is Best Buy's international — operating loss carryforwards?
- Best Buy (BBY) reported international — operating loss carryforwards of $2M in Q4 2024.
- How has Best Buy's international — operating loss carryforwards changed year-over-year?
- Best Buy's international — operating loss carryforwards decreased by 98.3% year-over-year, from $118M to $2M.
- What is the long-term trend for Best Buy's international — operating loss carryforwards?
- Over 4 years (2020 to 2024), Best Buy's international — operating loss carryforwards has grown at a 0.7% compound annual growth rate (CAGR), from $109M to $112M.
- What does international — operating loss carryforwards mean?
- Past losses in the international segment that can be used to lower future tax bills.