Home Depot Inc (HD)
Return on total capital
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 21,867,000 | 24,094,000 | 23,084,000 | 18,325,000 | 15,916,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,044,000 | 1,562,000 | -1,696,000 | 3,299,000 | -3,116,000 |
| Return on total capital | 2,094.54% | 1,542.51% | — | 555.47% | — |
January 28, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $21,867,000K ÷ ($—K + $1,044,000K)
= 2,094.54%
The return on total capital for Home Depot Inc has shown a significant increase from 555.47% in January 31, 2021, to 1,542.51% in January 29, 2023, and further to 2,094.54% in January 28, 2024. This indicates a strong ability of the company to generate profits from its invested capital. However, data for January 30, 2022 and February 2, 2020 are not available for comparison. Overall, the trend in return on total capital reflects a positive performance and efficient utilization of capital by Home Depot Inc during the period analyzed.
Peer comparison
Jan 28, 2024
Company name
Symbol
Return on total capital
Home Depot Inc
HD
2,094.54%
Builders FirstSource Inc
BLDR
45.99%
Floor & Decor Holdings Inc
FND
15.12%
Lowe's Companies Inc
LOW
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