Home Depot Inc (HD)
Net profit margin
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 14,806,000 | 15,143,000 | 15,143,000 | 17,105,000 | 17,105,000 |
| Revenue | US$ in thousands | 159,514,000 | 152,669,000 | 152,669,000 | 157,403,000 | 157,403,000 |
| Net profit margin | 9.28% | 9.92% | 9.92% | 10.87% | 10.87% |
January 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $14,806,000K ÷ $159,514,000K
= 9.28%
The net profit margin of Home Depot Inc has shown a gradual decrease over the past three years, indicating a slight erosion in the company's profitability. In January 2023, the net profit margin stood at 10.87%, remaining constant in the subsequent year of January 2024. However, by January 2025, the net profit margin had declined to 9.28%. This suggests that Home Depot may be experiencing challenges in controlling costs or generating higher revenue compared to its expenses. Monitoring and potentially addressing this trend will be crucial for sustaining and improving the company's overall profitability in the future.
Peer comparison
Jan 31, 2025