Home Depot Inc (HD)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 14,806,000 | 14,610,000 | 13,763,000 | 13,012,000 | 13,222,000 | 15,080,000 | 16,938,000 | 17,001,000 | 16,553,000 | 15,256,000 | 14,936,000 | 15,402,000 | 17,213,000 | 18,082,000 | 17,974,000 | 16,987,000 | 15,166,000 | 15,064,000 | 15,640,000 | 17,095,000 |
| Total stockholders’ equity | US$ in thousands | 6,640,000 | 5,786,000 | 4,420,000 | 1,820,000 | 1,044,000 | 1,044,000 | 1,430,000 | 1,430,000 | 1,335,000 | 1,335,000 | 362,000 | 1,562,000 | 1,562,000 | 1,298,000 | 1,298,000 | 237,000 | -1,709,000 | -1,709,000 | -1,696,000 | -1,696,000 |
| ROE | 222.98% | 252.51% | 311.38% | 714.95% | 1,266.48% | 1,444.44% | 1,184.48% | 1,188.88% | 1,239.93% | 1,142.77% | 4,125.97% | 986.04% | 1,101.98% | 1,393.07% | 1,384.75% | 7,167.51% | — | — | — | — |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $14,806,000K ÷ $6,640,000K
= 222.98%
Home Depot Inc's return on equity (ROE) has demonstrated significant fluctuations over the past few years. In the most recent data available, as of January 31, 2025, the ROE stands at 222.98%. This indicates that for every dollar of shareholders' equity, the company generated a profit of $2.23.
Looking at the historical trend, the ROE has experienced notable spikes and dips. For instance, in April 2023, the ROE surged to 4,125.97%, reflecting a period of exceptionally high profitability. However, this was followed by a decrease in ROE in subsequent periods.
Overall, Home Depot's ROE performance indicates varying levels of profitability and efficiency in utilizing shareholders' equity. It is important for investors and stakeholders to consider the underlying factors driving these fluctuations to have a comprehensive understanding of the company's financial health and performance.
Peer comparison
Jan 31, 2025