Home Depot Inc. (NYSE:HD)

The financial data demonstrates several notable trends over the observed period.

Share Price (in US$)

The share price shows a fluctuating trend from 2005 through approximately 2009, where it decreased from $37.74 to $24.77. After 2009, the share price exhibited a strong upward trajectory, rising to a peak of $378.99 in 2024. There is a recent decline visible from 2024 to 2025, dropping from $378.99 to $351.15, indicating some volatility or market adjustment during this interval.

Operating Profit per Share (in US$)

The operating profit per share increased overall throughout the years, starting at $3.67 in 2005 and generally rising with minor fluctuations. The data shows a decrease around 2009 to $2.57, paralleling the dip in share price during the same period. After 2009, operating profit per share steadily improved, reaching its highest level at $23.68 in 2023, followed by a slight decline in the last two years to $21.89 and $21.66.

Price to Operating Profit Ratio (P/OP)

The P/OP ratio experienced volatility and notable variation throughout the period. Early in the timeline, from 2005 to 2008, the ratio decreased from 10.28 to a low of 6.82, reflecting more attractive pricing relative to operating profit per share. However, during 2009 and the following years, the ratio increased to values consistently above 10, peaking at 17.32 in 2024. This suggests that the share price increased at a faster pace than operating profit, indicating potentially higher market expectations or valuation multiples during that period. In 2025, there is a slight decrease to 16.22, aligning with the recent dip in share price.

Overall, the data reveals that after a weak period culminating around 2009, both the share price and operating profit per share exhibited significant growth. The P/OP ratio’s upward trend suggests an increasing premium placed on the company's operating profit by the market over time, especially in the years after 2010. However, recent data indicates some moderation in growth and valuation, as seen in the recent decreases in share price, operating profit per share, and the P/OP ratio.