Home Historical Income Statement

HD Stock  USD 427.19  0.08  0.02%   
Historical analysis of Home Depot income statement accounts such as Total Revenue of 160.3 B can show how well Home Depot performed in making a profits. Evaluating Home Depot income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Home Depot's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Home Depot latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Home Depot is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.

About Home Income Statement Analysis

Home Depot Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Home Depot shareholders. The income statement also shows Home investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Home Depot Income Statement Chart

At present, Home Depot's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 160.3 B, whereas Selling General Administrative is forecasted to decline to about 15.3 B.

Total Revenue

Total revenue comprises all receipts Home Depot generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Home Depot minus its cost of goods sold. It is profit before Home Depot operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Home Depot. It is also known as Home Depot overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Home Depot operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Home Depot is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Home Depot's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Home Depot current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.At present, Home Depot's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 160.3 B, whereas Selling General Administrative is forecasted to decline to about 15.3 B.
 2022 2023 2024 (projected)
Interest Expense1.6B1.9B2.0B
Depreciation And Amortization3.0B3.2B3.4B

Home Depot income statement Correlations

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Home Depot Account Relationship Matchups

Home Depot income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.4B2.5B2.9B3.0B3.2B3.4B
Interest Expense1.1B1.2B1.3B1.6B1.9B2.0B
Total Revenue110.2B132.1B151.2B157.4B152.7B160.3B
Gross Profit37.6B44.9B50.8B52.8B51.0B53.5B
Other Operating Expenses94.4B113.8B128.1B133.4B131.0B137.5B
Operating Income15.8B18.3B23.0B24.0B21.7B22.8B
Ebit15.8B18.3B23.1B24.1B21.7B22.8B
Ebitda18.2B20.8B25.9B27.1B24.9B26.2B
Cost Of Revenue72.7B87.3B100.3B104.6B101.7B106.8B
Total Operating Expenses21.7B26.6B27.8B28.7B29.3B30.7B
Income Before Tax14.7B17.0B21.7B22.5B19.9B20.9B
Total Other Income Expense Net(1.1B)(1.3B)(1.3B)(1.6B)(1.8B)(1.7B)
Net Income11.2B12.9B16.4B17.1B15.1B15.9B
Income Tax Expense3.5B4.1B5.3B5.4B4.8B5.0B
Selling General Administrative18.8B23.5B24.4B25.2B25.5B15.3B
Selling And Marketing Expenses904M909M1.0B1.1B1.1B1.7B
Net Income Applicable To Common Shares11.2B12.9B16.4B17.1B19.7B20.7B
Net Income From Continuing Ops11.2B12.9B16.4B17.1B15.1B9.8B
Non Operating Income Net Other77M73M44M55M63.3M67.1M
Tax Provision3.5B4.1B5.3B5.4B4.8B4.9B
Interest Income73M47M44M55M178M120.3M
Net Interest Income(1.1B)(1.3B)(1.3B)(1.6B)(1.8B)(1.9B)
Reconciled Depreciation2.3B2.5B2.9B3.0B3.2B2.8B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Home Improvement Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot. If investors know Home will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Home Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
2.25
Earnings Share
14.73
Revenue Per Share
156.158
Quarterly Revenue Growth
0.066
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.