Home Gross Profit from 2010 to 2024

HD Stock  USD 427.19  0.08  0.02%   
Home Depot's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 53.5 B this year. Gross Profit is the profit Home Depot makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-10-31
Previous Quarter
14.4 B
Current Value
13.4 B
Quarterly Volatility
B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Home Depot financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Home Depot's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 B, Interest Expense of 2 B or Total Revenue of 160.3 B, as well as many indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0222 or PTB Ratio of 87.92. Home financial statements analysis is a perfect complement when working with Home Depot Valuation or Volatility modules.
  
Check out the analysis of Home Depot Correlation against competitors.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.

Latest Home Depot's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Home Depot over the last few years. Gross profit is a required income statement account that reflects total revenue of Home Depot minus its cost of goods sold. It is profit before Home Depot operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Home Depot's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Home Depot's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 52.78 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Home Gross Profit Regression Statistics

Arithmetic Mean35,415,386,667
Geometric Mean25,715,360,932
Coefficient Of Variation39.97
Mean Deviation10,634,039,111
Median34,356,000,000
Standard Deviation14,155,954,450
Sample Variance200391046.4T
Range53.3B
R-Value0.94
Mean Square Error26980767.6T
R-Squared0.87
Slope2,960,890,714
Total Sum of Squares2805474649.4T

Home Gross Profit History

202453.5 B
202351 B
202252.8 B
202150.8 B
202044.9 B
201937.6 B
201837.2 B

Other Fundumenentals of Home Depot

Home Depot Gross Profit component correlations

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About Home Depot Financial Statements

Home Depot stakeholders use historical fundamental indicators, such as Home Depot's Gross Profit, to determine how well the company is positioned to perform in the future. Although Home Depot investors may analyze each financial statement separately, they are all interrelated. For example, changes in Home Depot's assets and liabilities are reflected in the revenues and expenses on Home Depot's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Home Depot. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit51 B53.5 B
Gross Profit Margin 0.33  0.34 

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Check out the analysis of Home Depot Correlation against competitors.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
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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
14.73
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.