Home Depot Inc (HD)

Net 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
Net income (ttm) US$ in thousands 15,143,000 15,704,000 16,233,000 16,747,000 17,105,000 17,095,000 16,885,000 16,519,000 16,433,000 15,938,000 15,241,000 14,766,000 12,866,000 12,490,000 11,827,000 10,974,000 11,242,000 11,105,000 11,203,000 11,230,000
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
Net profit margin 9.92% 10.22% 10.48% 10.75% 10.87% 10.87% 10.88% 10.83% 10.87% 10.79% 10.55% 10.45% 9.74% 9.94% 9.91% 9.79% 10.20% 10.01% 10.18% 10.24%

January 28, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $15,143,000K ÷ $152,669,000K
= 9.92%

The net profit margin of Home Depot Inc has shown some fluctuations over the past 20 quarters. The company's net profit margin ranged from a low of 9.74% to a high of 10.87% during this period. Overall, the net profit margin has generally been in the range of 9.74% to 10.87% with some minor variations.

The highest net profit margin was recorded in April 2023 at 10.87%, while the lowest was in January 2021 at 9.74%. The net profit margin has shown a slightly decreasing trend from January 2021 to April 2023, before experiencing a slight increase in the most recent quarter reported.

These fluctuations in net profit margin may be influenced by various factors such as changes in revenue, operating expenses, cost of goods sold, and other operational efficiency metrics. It is important for stakeholders to closely monitor and analyze these trends to gain insights into the company's profitability and financial performance.


Peer comparison

Jan 28, 2024


See also:

Home Depot Inc Net Profit Margin (Quarterly Data)