Home Depot Inc (HD)
Gross profit margin
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 50,960,000 | 51,378,000 | 51,864,000 | 52,190,000 | 52,778,000 | 52,714,000 | 52,053,000 | 51,235,000 | 50,832,000 | 49,801,000 | 48,694,000 | 47,970,000 | 44,853,000 | 42,758,000 | 40,689,000 | 38,180,000 | 37,572,000 | 37,863,000 | 37,627,000 | 37,560,000 |
| Revenue (ttm) | US$ in thousands | 152,669,000 | 153,714,000 | 154,876,000 | 155,752,000 | 157,403,000 | 157,291,000 | 155,239,000 | 152,565,000 | 151,157,000 | 147,699,000 | 144,415,000 | 141,350,000 | 132,110,000 | 125,631,000 | 119,318,000 | 112,104,000 | 110,225,000 | 110,934,000 | 110,013,000 | 109,637,000 |
| Gross profit margin | 33.38% | 33.42% | 33.49% | 33.51% | 33.53% | 33.51% | 33.53% | 33.58% | 33.63% | 33.72% | 33.72% | 33.94% | 33.95% | 34.03% | 34.10% | 34.06% | 34.09% | 34.13% | 34.20% | 34.26% |
January 28, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $50,960,000K ÷ $152,669,000K
= 33.38%
The gross profit margin of Home Depot Inc has shown relative stability over the past few years, ranging from 33.38% to 34.26%. The company has generally maintained healthy margins, indicating efficient cost management and pricing strategies. There was a slight uptrend in the margin from August 2020 to January 2021, reaching a peak of 34.26%, before slightly declining thereafter. Overall, the consistency and relatively high levels of gross profit margins suggest that Home Depot Inc has been effectively controlling its production and inventory costs to generate a healthy level of profit from its sales.
Peer comparison
Jan 28, 2024