Home Depot Inc (HD)
Total asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 159,514,000 | 154,596,000 | 149,165,000 | 143,700,000 | 144,992,000 | 153,122,000 | 161,252,000 | 160,799,000 | 158,920,000 | 151,835,000 | 147,791,000 | 149,406,000 | 157,367,000 | 160,444,000 | 160,480,000 | 157,327,000 | 149,254,000 | 147,166,000 | 149,376,000 | 154,775,000 |
| Total assets | US$ in thousands | 96,119,000 | 97,264,000 | 96,846,000 | 79,230,000 | 76,530,000 | 76,530,000 | 75,577,000 | 75,577,000 | 76,387,000 | 76,387,000 | 76,386,000 | 76,445,000 | 76,445,000 | 76,866,000 | 76,866,000 | 75,825,000 | 76,567,000 | 76,567,000 | 71,876,000 | 71,876,000 |
| Total asset turnover | 1.66 | 1.59 | 1.54 | 1.81 | 1.89 | 2.00 | 2.13 | 2.13 | 2.08 | 1.99 | 1.93 | 1.95 | 2.06 | 2.09 | 2.09 | 2.07 | 1.95 | 1.92 | 2.08 | 2.15 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $159,514,000K ÷ $96,119,000K
= 1.66
The total asset turnover ratio for Home Depot Inc has shown some fluctuations over the period from January 30, 2022, to January 31, 2025. The ratio measures the efficiency of the company in generating sales revenue from its total assets.
The ratio started at 2.15 in January 2022, indicating that for every dollar of total assets, the company generated $2.15 in sales revenue. The ratio decreased to 1.81 by April 30, 2024, and further dropped to 1.54 by July 31, 2024. These decreases may suggest a decline in the company's efficiency in utilizing its assets to generate sales.
However, the total asset turnover ratio improved slightly to 1.66 by January 31, 2025. Overall, the trend of the total asset turnover ratio for Home Depot Inc shows some volatility but generally indicates that the company is effectively utilizing its assets to generate sales, with some fluctuations in efficiency over the period under review.
Peer comparison
Jan 31, 2025