Stock Analysis on Net
Stock Analysis on Net

Home Depot Inc. (NYSE:HD)

Common-Size Income Statement

Home Depot Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Feb 2, 2020 Feb 3, 2019
Net sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -66.62 -66.47 -66.37 -66.05 -65.91 -65.66
Gross profit 33.38% 33.53% 33.63% 33.95% 34.09% 34.34%
Selling, general and administrative -17.42 -16.70 -16.81 -18.51 -17.91 -18.03
Depreciation and amortization -1.75 -1.56 -1.58 -1.61 -1.80 -1.73
Impairment loss 0.00 0.00 0.00 0.00 0.00 -0.23
Operating expenses -19.17% -18.26% -18.39% -20.12% -19.71% -19.99%
Operating income 14.21% 15.27% 15.24% 13.84% 14.37% 14.35%
Interest income and other, net 0.12 0.03 0.03 0.04 0.07 0.07
Interest expense -1.27 -1.03 -0.89 -1.02 -1.09 -0.97
Interest and other income (expense), net -1.16% -0.99% -0.86% -0.98% -1.02% -0.90%
Earnings before provision for income taxes 13.05% 14.28% 14.38% 12.85% 13.35% 13.45%
Provision for income taxes -3.13 -3.41 -3.51 -3.11 -3.15 -3.17
Net earnings 9.92% 10.87% 10.87% 9.74% 10.20% 10.28%

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Home Depot Inc. operating income as a percentage of net sales increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Earnings before provision for income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Home Depot Inc. earnings before provision for income taxes as a percentage of net sales decreased from 2022 to 2023 and from 2023 to 2024.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Home Depot Inc. net earnings as a percentage of net sales decreased from 2022 to 2023 and from 2023 to 2024.