Home Depot Inc (HD)
Gross profit margin
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 53,308,000 | 50,960,000 | 50,960,000 | 52,778,000 | 52,778,000 |
| Revenue | US$ in thousands | 159,514,000 | 152,669,000 | 152,669,000 | 157,403,000 | 157,403,000 |
| Gross profit margin | 33.42% | 33.38% | 33.38% | 33.53% | 33.53% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $53,308,000K ÷ $159,514,000K
= 33.42%
The gross profit margin of Home Depot Inc has remained relatively stable over the past few years, with figures ranging from 33.38% to 33.53%. This indicates that the company has been able to effectively manage its cost of goods sold and generate consistent levels of profit from its sales. The slight fluctuations in the gross profit margin suggest that Home Depot Inc has been able to maintain its pricing strategy and manage its direct costs efficiently. Overall, the consistent gross profit margin reflects a strong performance in the company's core operations and its ability to generate profits from its sales.
Peer comparison
Jan 31, 2025