Home Depot Earnings Estimate

HD Stock  USD 429.13  1.94  0.45%   
The next projected EPS of Home Depot is estimated to be 3.777525 with future projections ranging from a low of 3.699 to a high of 3.8625. Home Depot's most recent 12-month trailing earnings per share (EPS TTM) is at 14.74. Please be aware that the consensus of earnings estimates for Home Depot is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Home Depot is projected to generate 3.777525 in earnings per share on the 31st of January 2025. Home Depot earnings estimates module stress-tests analyst consensus about projected Home Depot EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Home Depot, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Home Depot Revenue Breakdown by Earning Segment

By analyzing Home Depot's earnings estimates, investors can diagnose different trends across Home Depot's analyst sentiment over time as well as compare current estimates against different timeframes. At present, Home Depot's Gross Profit Margin is projected to increase slightly based on the last few years of reporting.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.

Home Depot Earnings Estimation Breakdown

The calculation of Home Depot's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Home Depot is estimated to be 3.777525 with the future projection ranging from a low of 3.699 to a high of 3.8625. Please be aware that this consensus of annual earnings estimates for Home Depot is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
3.78
3.70
Lowest
Expected EPS
3.777525
3.86
Highest

Home Depot Earnings Projection Consensus

Suppose the current estimates of Home Depot's value are higher than the current market price of the Home Depot stock. In this case, investors may conclude that Home Depot is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Home Depot's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of January 2025Current EPS (TTM)
4098.04%
3.78
3.777525
14.74

Home Depot Earnings History

Earnings estimate consensus by Home Depot analysts from Wall Street is used by the market to judge Home Depot's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Home Depot's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Home Depot Quarterly Gross Profit

13.43 Billion

At present, Home Depot's Retained Earnings Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Earnings Yield is expected to grow to 0.04, whereas Price Earnings Ratio is forecasted to decline to 22.54. The current year's Common Stock Shares Outstanding is expected to grow to about 1.4 B. The current year's Net Income Applicable To Common Shares is expected to grow to about 20.7 B.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Home Depot's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
428.95430.12431.29
Details
Intrinsic
Valuation
LowRealHigh
402.46403.63472.04
Details
Naive
Forecast
LowNextHigh
433.19434.37435.54
Details
40 Analysts
Consensus
LowTargetHigh
292.60321.54356.91
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Home assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Home Depot. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Home Depot's stock price in the short term.

Home Depot Earnings per Share Projection vs Actual

Actual Earning per Share of Home Depot refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Home Depot predict the company's earnings will be in the future. The higher the earnings per share of Home Depot, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Home Depot Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Home Depot, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Home Depot should always be considered in relation to other companies to make a more educated investment decision.

Home Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Home Depot's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-12
2024-10-313.633.780.15
2024-08-13
2024-07-314.494.60.11
2024-05-14
2024-04-303.63.630.03
2024-02-20
2024-01-312.772.820.05
2023-11-14
2023-10-313.763.810.05
2023-08-15
2023-07-314.454.650.2
2023-05-16
2023-04-303.83.820.02
2023-02-21
2023-01-313.283.30.02
2022-11-15
2022-10-314.124.240.12
2022-08-16
2022-07-314.945.050.11
2022-05-17
2022-04-303.684.090.4111 
2022-02-22
2022-01-313.183.210.03
2021-11-16
2021-10-313.43.920.5215 
2021-08-17
2021-07-314.444.530.09
2021-05-18
2021-04-303.083.860.7825 
2021-02-23
2021-01-312.622.650.03
2020-11-17
2020-10-313.063.180.12
2020-08-18
2020-07-313.714.020.31
2020-05-19
2020-04-302.272.08-0.19
2020-02-25
2020-01-312.12.280.18
2019-11-19
2019-10-312.522.530.01
2019-08-20
2019-07-313.083.170.09
2019-05-21
2019-04-302.182.270.09
2019-02-26
2019-01-312.162.250.09
2018-11-13
2018-10-312.262.510.2511 
2018-08-14
2018-07-312.843.050.21
2018-05-15
2018-04-302.052.080.03
2018-02-20
2018-01-311.611.690.08
2017-11-14
2017-10-311.821.870.05
2017-08-15
2017-07-312.222.250.03
2017-05-16
2017-04-301.621.670.05
2017-02-21
2017-01-311.341.440.1
2016-11-15
2016-10-311.581.60.02
2016-08-16
2016-07-311.971.970.0
2016-05-17
2016-04-301.361.440.08
2016-02-23
2016-01-311.11.170.07
2015-11-17
2015-10-311.321.360.04
2015-08-18
2015-07-311.711.710.0
2015-05-19
2015-04-301.151.160.01
2015-02-24
2015-01-310.891.00.1112 
2014-11-18
2014-10-311.131.11-0.02
2014-08-19
2014-07-311.451.520.07
2014-05-20
2014-04-300.990.96-0.03
2014-02-25
2014-01-310.710.730.02
2013-11-19
2013-10-310.90.950.05
2013-08-20
2013-07-311.211.240.03
2013-05-21
2013-04-300.770.830.06
2013-02-26
2013-01-310.640.670.03
2012-11-13
2012-10-310.70.740.04
2012-08-14
2012-07-310.971.010.04
2012-05-15
2012-04-300.650.650.0
2012-02-21
2012-01-310.420.50.0819 
2011-11-15
2011-10-310.580.60.02
2011-08-16
2011-07-310.830.860.03
2011-05-17
2011-04-300.490.50.01
2011-02-22
2011-01-310.310.360.0516 
2010-11-16
2010-10-310.480.510.03
2010-08-17
2010-07-310.710.720.01
2010-05-18
2010-04-300.40.450.0512 
2010-02-23
2010-01-310.170.240.0741 
2009-11-17
2009-10-310.360.410.0513 
2009-08-18
2009-07-310.590.640.05
2009-05-19
2009-04-300.290.350.0620 
2009-02-24
2009-01-310.150.190.0426 
2008-11-18
2008-10-310.380.450.0718 
2008-08-19
2008-07-310.610.710.116 
2008-05-20
2008-04-300.370.410.0410 
2008-02-26
2008-01-310.430.4-0.03
2007-11-13
2007-10-310.60.59-0.01
2007-08-14
2007-07-310.720.770.05
2007-05-15
2007-04-300.590.48-0.1118 
2007-02-20
2007-01-310.50.50.0
2006-11-14
2006-10-310.750.73-0.02
2006-08-15
2006-07-310.920.9-0.02
2006-05-16
2006-04-300.670.70.03
2006-02-21
2006-01-310.560.60.04
2005-11-15
2005-10-310.680.720.04
2005-08-16
2005-07-310.790.820.03
2005-05-17
2005-04-300.550.570.02
2005-02-22
2005-01-310.470.470.0
2004-11-16
2004-10-310.570.60.03
2004-08-17
2004-07-310.640.70.06
2004-05-18
2004-04-300.430.490.0613 
2004-02-24
2004-01-310.390.420.03
2003-11-18
2003-10-310.460.50.04
2003-08-19
2003-07-310.540.560.02
2003-05-20
2003-04-300.370.390.02
2003-02-25
2003-01-310.270.30.0311 
2002-11-19
2002-10-310.40.40.0
2002-08-20
2002-07-310.470.50.03
2002-05-21
2002-04-300.330.360.03
2002-02-26
2002-01-310.280.30.02
2001-11-13
2001-10-310.330.330.0
2001-08-14
2001-07-310.370.390.02
2001-05-15
2001-04-300.250.270.02
2001-02-07
2001-01-310.20.20.0
2000-11-14
2000-10-310.280.280.0
2000-08-15
2000-07-310.370.36-0.01
2000-05-16
2000-04-300.270.270.0
2000-02-22
2000-01-310.240.250.01
1999-11-16
1999-10-310.230.250.02
1999-08-17
1999-07-310.290.290.0
1999-05-18
1999-04-300.190.220.0315 
1999-02-23
1999-01-310.170.190.0211 
1998-11-17
1998-10-310.170.170.0
1998-08-18
1998-07-310.20.210.01
1998-05-19
1998-04-300.140.150.01
1998-02-24
1998-01-310.140.140.0
1997-11-18
1997-10-310.130.130.0
1997-08-19
1997-07-310.150.160.01
1997-05-20
1997-04-300.110.120.01
1997-02-25
1997-01-310.110.120.01
1996-11-12
1996-08-310.10.10.0
1996-08-13
1996-05-310.120.120.0
1996-05-14
1996-02-290.090.090.0

About Home Depot Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Home Depot earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Home Depot estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Home Depot fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings83.7 B87.8 B
Retained Earnings Total Equity88.4 B92.9 B
Earnings Yield 0.04  0.04 
Price Earnings Ratio 23.47  22.54 
Price Earnings To Growth Ratio(2.49) 1.37 

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Home Improvement Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot. If investors know Home will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Home Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
2.25
Earnings Share
14.74
Revenue Per Share
156.158
Quarterly Revenue Growth
0.066
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.