Analysis of Profitability Ratios
Quarterly Data
Beginner level
Profitability ratios measure the company’s ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Home Depot Inc., profitability ratios (quarterly data)
Based on: 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Home Depot Inc.’s gross profit margin ratio deteriorated from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Home Depot Inc.’s operating profit margin ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Home Depot Inc.’s net profit margin ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | |
| ROA | A profitability ratio calculated as net income divided by total assets. | Home Depot Inc.’s ROA improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021. |
Gross Profit Margin
Home Depot Inc., gross profit margin calculation (quarterly data)
| May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | Feb 1, 2015 | Nov 2, 2014 | Aug 3, 2014 | May 4, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Gross profit | 9,625 | 8,736 | 9,387 | 10,432 | 9,017 | 9,027 | 9,151 | 10,365 | 8,617 | 8,093 | 8,648 | 9,461 | 8,154 | 7,553 | 8,042 | 8,927 | 7,791 | 7,156 | 7,565 | 8,365 | 7,179 | 6,723 | 7,185 | 8,161 | 6,885 | ||||||||
| Net sales | 28,260 | 25,782 | 27,223 | 30,839 | 26,381 | 26,491 | 26,302 | 30,463 | 24,947 | 23,883 | 25,026 | 28,108 | 23,887 | 22,207 | 23,154 | 26,472 | 22,762 | 20,980 | 21,819 | 24,829 | 20,891 | 19,162 | 20,516 | 23,811 | 19,687 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| Gross profit margin1 | 34.06% | 34.09% | 34.13% | 34.20% | 34.26% | 34.34% | 34.31% | 34.24% | 34.15% | 34.05% | 34.08% | 34.11% | 34.14% | 34.16% | 34.18% | 34.16% | 34.16% | 34.19% | 34.41% | 34.49% | 34.66% | 34.81% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | — | 40.64% | 40.99% | 41.11% | 41.27% | 41.07% | 40.25% | 39.87% | 38.78% | 37.77% | 37.07% | 36.46% | 35.98% | 35.58% | 35.09% | 34.65% | 34.40% | 33.76% | 33.04% | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 11.15% | 11.02% | 11.09% | 11.02% | 10.98% | 11.00% | 10.92% | 11.04% | 11.14% | 11.24% | 11.25% | 11.33% | 11.37% | 11.35% | 11.42% | 11.35% | 11.26% | 11.19% | 11.15% | 11.09% | 10.95% | 10.85% | 10.72% | ||||||||
| Dollar General Corp. | 30.71% | 30.59% | 30.42% | 30.44% | 30.40% | 30.45% | 30.66% | 30.78% | 30.80% | 30.77% | 30.65% | 30.65% | 30.76% | 30.85% | 30.87% | 31.00% | 30.99% | 30.96% | 30.91% | 30.88% | 30.79% | 30.69% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 32.23% | 31.80% | 31.85% | 31.47% | 31.72% | 32.12% | 32.65% | 33.43% | 33.79% | 34.11% | 34.27% | 34.34% | 34.40% | 34.55% | 34.61% | 34.71% | 34.72% | 34.82% | 34.83% | 34.76% | 34.79% | 34.79% | — | — | — | ||||||||
| Target Corp. | 27.78% | 28.87% | 28.70% | 28.46% | 28.37% | 28.39% | 28.48% | 28.70% | 28.72% | 28.87% | 29.26% | 29.38% | 29.57% | 29.68% | 29.93% | 29.72% | 29.63% | 29.53% | 29.69% | 29.72% | 29.61% | 29.39% | — | — | — | ||||||||
| TJX Cos. Inc. | 25.04% | 28.46% | 28.30% | 28.32% | 28.49% | 28.59% | 28.76% | 28.96% | 28.88% | 28.89% | 28.90% | 28.81% | 29.03% | 28.98% | 29.11% | 28.97% | 28.89% | 28.79% | 28.66% | 28.75% | 28.64% | 28.55% | — | — | — | ||||||||
| Walmart Inc. | 23.94% | 24.10% | 24.23% | 24.32% | 24.43% | 24.50% | 24.56% | 24.61% | 24.65% | 24.68% | 24.85% | 24.92% | 24.95% | 24.94% | 24.93% | 24.85% | 24.72% | 24.58% | 24.45% | 24.30% | 24.31% | 24.29% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).
1 Q1 2021 Calculation
Gross profit margin = 100
× (Gross profitQ1 2021
+ Gross profitQ4 2020
+ Gross profitQ3 2020
+ Gross profitQ2 2020)
÷ (Net salesQ1 2021
+ Net salesQ4 2020
+ Net salesQ3 2020
+ Net salesQ2 2020)
= 100
× (9,625 + 8,736 + 9,387 + 10,432)
÷ (28,260 + 25,782 + 27,223 + 30,839)
= 34.06%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Home Depot Inc.’s gross profit margin ratio deteriorated from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021. |
Operating Profit Margin
Home Depot Inc., operating profit margin calculation (quarterly data)
| May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | Feb 1, 2015 | Nov 2, 2014 | Aug 3, 2014 | May 4, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Operating income | 3,276 | 3,403 | 3,947 | 4,896 | 3,597 | 3,378 | 3,870 | 4,901 | 3,381 | 3,189 | 3,680 | 4,463 | 3,349 | 2,927 | 3,320 | 4,103 | 3,077 | 2,549 | 2,981 | 3,647 | 2,597 | 2,191 | 2,553 | 3,448 | 2,277 | ||||||||
| Net sales | 28,260 | 25,782 | 27,223 | 30,839 | 26,381 | 26,491 | 26,302 | 30,463 | 24,947 | 23,883 | 25,026 | 28,108 | 23,887 | 22,207 | 23,154 | 26,472 | 22,762 | 20,980 | 21,819 | 24,829 | 20,891 | 19,162 | 20,516 | 23,811 | 19,687 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| Operating profit margin1 | 13.85% | 14.37% | 14.26% | 14.31% | 14.36% | 14.35% | 14.53% | 14.52% | 14.43% | 14.55% | 14.53% | 14.44% | 14.31% | 14.19% | 13.98% | 13.81% | 13.56% | 13.30% | 13.17% | 12.87% | 12.79% | 12.59% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | — | 4.76% | 5.18% | 5.44% | 5.96% | 6.17% | 5.33% | 4.87% | 3.55% | 2.60% | 2.31% | 2.01% | 2.31% | 2.89% | 3.08% | 3.16% | 3.21% | 2.69% | 2.09% | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 3.16% | 3.17% | 3.21% | 3.17% | 3.23% | 3.24% | 3.16% | 3.24% | 3.29% | 3.30% | 3.25% | 3.26% | 3.20% | 3.16% | 3.21% | 3.16% | 3.15% | 3.14% | 3.18% | 3.19% | 3.14% | 3.07% | 2.97% | ||||||||
| Dollar General Corp. | 8.98% | 8.30% | 8.15% | 8.14% | 8.18% | 8.26% | 8.37% | 8.44% | 8.44% | 8.55% | 8.84% | 8.96% | 9.21% | 9.39% | 9.38% | 9.64% | 9.62% | 9.53% | 9.46% | 9.48% | 9.41% | 9.36% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 9.30% | 8.75% | 6.67% | 5.83% | 5.54% | 5.63% | 7.99% | 8.90% | 9.39% | 9.60% | 9.81% | 9.06% | 8.73% | 8.99% | 8.03% | 8.85% | 8.85% | 8.41% | 9.17% | 8.86% | 8.71% | 8.52% | — | — | — | ||||||||
| Target Corp. | 5.05% | 6.04% | 5.97% | 5.79% | 5.58% | 5.52% | 5.57% | 5.70% | 5.77% | 6.00% | 6.46% | 6.76% | 6.98% | 7.15% | 8.22% | 7.83% | 7.81% | 7.49% | 6.69% | 6.76% | 6.39% | 6.25% | — | — | — | ||||||||
| TJX Cos. Inc. | 5.86% | 10.59% | 10.49% | 10.56% | 10.61% | 10.82% | 10.71% | 10.86% | 10.89% | 10.84% | 11.27% | 11.30% | 11.54% | 11.60% | 11.70% | 11.80% | 11.90% | 11.97% | 12.11% | 12.31% | 12.37% | 12.40% | — | — | — | ||||||||
| Walmart Inc. | 3.93% | 3.96% | 4.12% | 4.20% | 4.25% | 4.30% | 4.01% | 3.98% | 4.06% | 4.12% | 4.52% | 4.64% | 4.71% | 4.73% | 4.83% | 4.96% | 4.94% | 5.04% | 5.29% | 5.39% | 5.52% | 5.63% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).
1 Q1 2021 Calculation
Operating profit margin = 100
× (Operating incomeQ1 2021
+ Operating incomeQ4 2020
+ Operating incomeQ3 2020
+ Operating incomeQ2 2020)
÷ (Net salesQ1 2021
+ Net salesQ4 2020
+ Net salesQ3 2020
+ Net salesQ2 2020)
= 100 × (3,276 + 3,403 + 3,947 + 4,896)
÷ (28,260 + 25,782 + 27,223 + 30,839)
= 13.85%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Home Depot Inc.’s operating profit margin ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021. |
Net Profit Margin
Home Depot Inc., net profit margin calculation (quarterly data)
| May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | Feb 1, 2015 | Nov 2, 2014 | Aug 3, 2014 | May 4, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Net earnings | 2,245 | 2,481 | 2,769 | 3,479 | 2,513 | 2,344 | 2,867 | 3,506 | 2,404 | 1,779 | 2,165 | 2,672 | 2,014 | 1,744 | 1,969 | 2,441 | 1,803 | 1,471 | 1,725 | 2,234 | 1,579 | 1,379 | 1,537 | 2,050 | 1,379 | ||||||||
| Net sales | 28,260 | 25,782 | 27,223 | 30,839 | 26,381 | 26,491 | 26,302 | 30,463 | 24,947 | 23,883 | 25,026 | 28,108 | 23,887 | 22,207 | 23,154 | 26,472 | 22,762 | 20,980 | 21,819 | 24,829 | 20,891 | 19,162 | 20,516 | 23,811 | 19,687 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| Net profit margin1 | 9.79% | 10.20% | 10.01% | 10.18% | 10.24% | 10.28% | 10.00% | 9.45% | 8.85% | 8.55% | 8.66% | 8.63% | 8.53% | 8.41% | 8.23% | 8.08% | 8.00% | 7.92% | 7.98% | 7.88% | 7.76% | 7.63% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | — | 3.56% | 4.13% | 4.27% | 4.80% | 4.97% | 4.33% | 4.03% | 3.02% | 2.04% | 1.71% | 1.20% | 1.28% | 1.81% | 1.74% | 1.64% | 1.60% | 1.03% | 0.56% | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 2.36% | 2.44% | 2.47% | 2.45% | 2.46% | 2.40% | 2.30% | 2.26% | 2.21% | 2.23% | 2.14% | 2.12% | 2.11% | 2.01% | 2.07% | 2.02% | 2.03% | 2.01% | 2.07% | 2.09% | 2.03% | 2.00% | 1.90% | ||||||||
| Dollar General Corp. | 6.69% | 6.17% | 6.09% | 6.11% | 6.16% | 6.20% | 7.24% | 7.06% | 6.77% | 6.56% | 5.31% | 5.38% | 5.53% | 5.69% | 5.71% | 5.86% | 5.83% | 5.72% | 5.72% | 5.73% | 5.68% | 5.63% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 6.17% | 5.93% | 4.11% | 3.52% | 3.31% | 3.25% | 5.19% | 5.58% | 5.55% | 5.02% | 5.16% | 4.51% | 4.22% | 4.76% | 3.91% | 4.58% | 4.58% | 4.31% | 5.11% | 4.91% | 4.82% | 4.80% | — | — | — | ||||||||
| Target Corp. | 3.50% | 4.25% | 4.23% | 4.15% | 4.00% | 3.95% | 4.35% | 4.21% | 4.10% | 4.08% | 3.80% | 3.99% | 4.02% | 3.94% | 4.75% | 4.59% | 4.61% | 4.56% | -0.95% | -1.22% | -1.94% | -2.25% | — | — | — | ||||||||
| TJX Cos. Inc. | 4.57% | 7.84% | 7.70% | 7.65% | 7.69% | 7.85% | 7.98% | 7.88% | 7.58% | 7.27% | 7.01% | 6.83% | 6.96% | 6.93% | 7.00% | 7.23% | 7.31% | 7.36% | 7.46% | 7.58% | 7.59% | 7.62% | — | — | — | ||||||||
| Walmart Inc. | 2.83% | 2.86% | 2.79% | 2.50% | 1.64% | 1.31% | 1.02% | 1.03% | 1.79% | 1.99% | 2.33% | 2.62% | 2.82% | 2.83% | 3.01% | 3.07% | 3.01% | 3.07% | 3.14% | 3.21% | 3.34% | 3.39% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).
1 Q1 2021 Calculation
Net profit margin = 100
× (Net earningsQ1 2021
+ Net earningsQ4 2020
+ Net earningsQ3 2020
+ Net earningsQ2 2020)
÷ (Net salesQ1 2021
+ Net salesQ4 2020
+ Net salesQ3 2020
+ Net salesQ2 2020)
= 100 × (2,245 + 2,481 + 2,769 + 3,479)
÷ (28,260 + 25,782 + 27,223 + 30,839)
= 9.79%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Home Depot Inc.’s net profit margin ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021. |
Return on Equity (ROE)
Home Depot Inc., ROE calculation (quarterly data)
| May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | Feb 1, 2015 | Nov 2, 2014 | Aug 3, 2014 | May 4, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Net earnings | 2,245 | 2,481 | 2,769 | 3,479 | 2,513 | 2,344 | 2,867 | 3,506 | 2,404 | 1,779 | 2,165 | 2,672 | 2,014 | 1,744 | 1,969 | 2,441 | 1,803 | 1,471 | 1,725 | 2,234 | 1,579 | 1,379 | 1,537 | 2,050 | 1,379 | ||||||||
| Stockholders’ equity (deficit) | (3,490) | (3,116) | (1,082) | (1,160) | (2,143) | (1,878) | 1,320 | 2,009 | 1,687 | 1,454 | 2,543 | 3,554 | 3,962 | 4,333 | 5,622 | 6,657 | 6,335 | 6,316 | 7,619 | 8,637 | 9,204 | 9,322 | 10,110 | 11,457 | 12,146 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| ROE1 | — | — | — | — | — | — | 799.70% | 490.49% | 534.68% | 593.54% | 337.99% | 236.33% | 206.16% | 183.64% | 136.68% | 111.76% | 114.18% | 110.97% | 90.79% | 77.91% | 71.11% | 68.06% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | — | 16.18% | 18.67% | 20.08% | 22.80% | 24.80% | 23.13% | 22.75% | 17.93% | 12.52% | 10.95% | 7.81% | 8.28% | 11.91% | 12.29% | 11.83% | 11.68% | 7.90% | 4.45% | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 22.08% | 22.74% | 23.55% | 24.00% | 24.89% | 24.89% | 24.77% | 24.49% | 24.79% | 25.18% | 25.04% | 24.86% | 25.65% | 19.16% | 20.17% | 19.46% | 20.32% | 20.99% | 21.76% | 22.39% | 21.79% | 22.18% | 17.23% | ||||||||
| Dollar General Corp. | 27.44% | 25.55% | 24.97% | 24.14% | 24.49% | 24.77% | 28.61% | 27.23% | 26.05% | 25.12% | 21.60% | 21.52% | 22.35% | 23.14% | 22.63% | 22.74% | 22.40% | 21.66% | 21.41% | 20.80% | 20.35% | 18.66% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 266.43% | 217.09% | 119.93% | 95.76% | 73.30% | 63.50% | 68.43% | 68.05% | 66.72% | 58.69% | 61.93% | 55.33% | 50.82% | 48.07% | 36.99% | 40.47% | 38.23% | 33.26% | 35.63% | 32.62% | 28.99% | 27.07% | — | — | — | ||||||||
| Target Corp. | 24.80% | 27.73% | 28.11% | 26.64% | 27.11% | 26.00% | 29.24% | 27.74% | 26.63% | 25.06% | 23.79% | 25.03% | 25.28% | 24.99% | 30.23% | 28.39% | 26.78% | 25.96% | -5.30% | -6.46% | -10.01% | -11.69% | — | — | — | ||||||||
| TJX Cos. Inc. | 35.54% | 55.01% | 56.45% | 57.76% | 59.31% | 60.61% | 58.89% | 56.91% | 52.98% | 50.66% | 51.85% | 51.03% | 51.08% | 50.95% | 52.81% | 52.21% | 50.97% | 52.88% | 51.94% | 53.02% | 52.10% | 51.95% | — | — | — | ||||||||
| Walmart Inc. | 22.02% | 19.93% | 20.14% | 18.27% | 12.28% | 9.20% | 7.16% | 7.30% | 11.86% | 12.66% | 15.03% | 16.66% | 18.46% | 17.54% | 18.61% | 19.25% | 19.20% | 18.24% | 18.96% | 19.64% | 21.04% | 20.10% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).
1 Q1 2021 Calculation
ROE = 100
× (Net earningsQ1 2021
+ Net earningsQ4 2020
+ Net earningsQ3 2020
+ Net earningsQ2 2020)
÷ Stockholders’ equity (deficit)
= 100 × (2,245 + 2,481 + 2,769 + 3,479)
÷ -3,490 = —
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. |
Return on Assets (ROA)
Home Depot Inc., ROA calculation (quarterly data)
| May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | Oct 29, 2017 | Jul 30, 2017 | Apr 30, 2017 | Jan 29, 2017 | Oct 30, 2016 | Jul 31, 2016 | May 1, 2016 | Jan 31, 2016 | Nov 1, 2015 | Aug 2, 2015 | May 3, 2015 | Feb 1, 2015 | Nov 2, 2014 | Aug 3, 2014 | May 4, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Net earnings | 2,245 | 2,481 | 2,769 | 3,479 | 2,513 | 2,344 | 2,867 | 3,506 | 2,404 | 1,779 | 2,165 | 2,672 | 2,014 | 1,744 | 1,969 | 2,441 | 1,803 | 1,471 | 1,725 | 2,234 | 1,579 | 1,379 | 1,537 | 2,050 | 1,379 | ||||||||
| Total assets | 58,737 | 51,236 | 52,309 | 52,010 | 51,515 | 44,003 | 45,200 | 46,232 | 46,650 | 44,529 | 45,023 | 45,959 | 44,944 | 42,966 | 44,502 | 44,247 | 44,576 | 42,549 | 44,152 | 43,798 | 42,510 | 39,946 | 41,512 | 43,479 | 42,629 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| ROA1 | 18.68% | 21.94% | 21.23% | 21.54% | 21.80% | 25.27% | 23.35% | 21.31% | 19.34% | 19.38% | 19.09% | 18.27% | 18.17% | 18.52% | 17.27% | 16.81% | 16.23% | 16.47% | 15.67% | 15.36% | 15.40% | 15.88% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | — | 4.77% | 5.14% | 5.70% | 6.32% | 6.74% | 6.19% | 6.20% | 4.68% | 3.12% | 2.31% | 1.67% | 2.19% | 3.19% | 2.84% | 2.97% | 2.97% | 1.91% | 0.91% | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 7.17% | 7.74% | 7.26% | 8.06% | 8.24% | 8.06% | 7.44% | 7.68% | 7.60% | 7.65% | 7.04% | 7.37% | 7.13% | 6.69% | 6.61% | 7.09% | 6.90% | 7.13% | 6.66% | 7.11% | 6.89% | 6.74% | 6.15% | ||||||||
| Dollar General Corp. | 7.96% | 7.50% | 7.41% | 7.43% | 7.56% | 12.04% | 13.86% | 13.42% | 13.00% | 12.30% | 10.03% | 10.10% | 10.47% | 10.72% | 10.18% | 10.60% | 10.67% | 10.35% | 10.14% | 10.07% | 10.00% | 9.49% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 9.98% | 10.85% | 7.41% | 6.21% | 5.49% | 6.71% | 10.05% | 10.60% | 10.02% | 9.77% | 9.67% | 8.35% | 7.47% | 8.99% | 6.90% | 7.67% | 7.42% | 8.14% | 8.87% | 8.65% | 7.98% | 8.48% | — | — | — | ||||||||
| Target Corp. | 6.18% | 7.67% | 7.42% | 7.59% | 7.42% | 7.11% | 7.44% | 7.75% | 7.63% | 7.52% | 6.51% | 7.43% | 7.49% | 7.31% | 8.67% | 8.82% | 8.42% | 8.35% | -1.69% | -2.23% | -3.51% | -3.95% | — | — | — | ||||||||
| TJX Cos. Inc. | 6.63% | 13.55% | 12.88% | 13.40% | 13.53% | 21.36% | 20.60% | 21.08% | 19.90% | 18.55% | 17.36% | 17.91% | 18.23% | 17.84% | 17.77% | 19.92% | 19.75% | 19.81% | 18.84% | 19.99% | 19.67% | 19.91% | — | — | — | ||||||||
| Walmart Inc. | 6.45% | 6.29% | 6.02% | 5.47% | 3.57% | 3.04% | 2.28% | 2.52% | 4.37% | 4.82% | 5.46% | 6.32% | 6.81% | 6.86% | 6.99% | 7.44% | 7.26% | 7.36% | 7.35% | 7.80% | 8.03% | 8.03% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).
1 Q1 2021 Calculation
ROA = 100
× (Net earningsQ1 2021
+ Net earningsQ4 2020
+ Net earningsQ3 2020
+ Net earningsQ2 2020)
÷ Total assets
= 100 × (2,245 + 2,481 + 2,769 + 3,479)
÷ 58,737 = 18.68%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Home Depot Inc.’s ROA improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021. |