Home Depot Inc (HD)
Pretax margin
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 19,406,000 | 19,924,000 | 19,924,000 | 22,477,000 | 22,477,000 |
| Revenue | US$ in thousands | 159,514,000 | 152,669,000 | 152,669,000 | 157,403,000 | 157,403,000 |
| Pretax margin | 12.17% | 13.05% | 13.05% | 14.28% | 14.28% |
January 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $19,406,000K ÷ $159,514,000K
= 12.17%
The pretax margin of Home Depot Inc has exhibited a gradually decreasing trend over the past three fiscal years. It stood at 14.28% as of January 29, 2023, and remained unchanged at the same level on January 31, 2023. However, there was a slight decline to 13.05% as of January 28, 2024, and this level was maintained until January 31, 2024. Most recently, as of January 31, 2025, the pretax margin further decreased to 12.17%. This downward trajectory in the pretax margin signifies a potential decrease in the company's profitability before considering taxes, which warrants closer examination of its cost structures, revenue streams, and overall operational efficiency.
Peer comparison
Jan 31, 2025