Home Depot Inc (HD)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 21,526,000 | 21,174,000 | 19,899,000 | 18,771,000 | 19,098,000 | 21,544,000 | 23,990,000 | 24,135,000 | 23,481,000 | 21,644,000 | 21,203,000 | 21,800,000 | 24,258,000 | 25,435,000 | 25,216,000 | 23,893,000 | 21,508,000 | 21,374,000 | 22,084,000 | 23,898,000 |
| 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 |
| Operating ROA | 22.40% | 21.77% | 20.55% | 23.69% | 24.95% | 28.15% | 31.74% | 31.93% | 30.74% | 28.33% | 27.76% | 28.52% | 31.73% | 33.09% | 32.81% | 31.51% | 28.09% | 27.92% | 30.73% | 33.25% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $21,526,000K ÷ $96,119,000K
= 22.40%
Operating return on assets (Operating ROA) is a key financial ratio that indicates the efficiency of a company in generating profits from its operational assets. Based on the data provided for Home Depot Inc, the operating ROA fluctuated over the period under review.
Starting from January 30, 2022, the operating ROA stood at a high of 33.25% and then decreased to 30.73% by January 31, 2022. The ratio continued to decline, reaching a low of 20.55% on July 31, 2024, before slightly recovering to 22.40% by January 31, 2025.
The trend in Home Depot Inc's operating ROA suggests that the company's efficiency in utilizing its assets to generate operating profits has varied over time. It is essential for investors and analysts to closely monitor this ratio to assess the company's operational performance and financial health. Further analysis and comparison with industry benchmarks can provide more insights into Home Depot Inc's profitability and asset utilization efficiency.
Peer comparison
Jan 31, 2025