Price to FCFE (P/FCFE)
Paying user area
Try for free
Home Depot Inc. pages available for free this week:
- Income Statement
- Common-Size Income Statement
- Analysis of Long-term (Investment) Activity Ratios
- Analysis of Geographic Areas
- Net Profit Margin since 2005
- Current Ratio since 2005
- Total Asset Turnover since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Book Value (P/BV) since 2005
- Analysis of Debt
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Home Depot Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Free Cash Flow to Equity (FCFE)
Home Depot Inc., FCFE calculation
US$ in millions
Based on: 10-K (reporting date: 2025-02-02), 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).
- Net Cash Provided by Operating Activities
- The net cash provided by operating activities exhibited a fluctuating trend over the examined periods. Starting at $13,723 million in February 2020, the figure increased significantly to $18,839 million in January 2021, marking a strong upward movement. However, this was followed by a decline to $16,571 million in January 2022 and continued decreases to $14,615 million in January 2023. A notable recovery occurred in January 2024 with the cash flow rising sharply to $21,172 million, the highest value in the data set. The most recent figure in February 2025, $19,810 million, reflects a slight decrease compared to the previous year but remains elevated relative to most earlier periods.
- Free Cash Flow to Equity (FCFE)
- The FCFE similarly showed variability with an overall positive trajectory across the span of years. Beginning at $13,030 million in February 2020, the cash flow increased markedly to a peak of $20,463 million in January 2021. A subsequent decline followed, reaching $16,487 million in January 2022 and further dropping to $14,912 million in January 2023. In the next year, January 2024, the FCFE rebounded to $18,670 million. The most recent measurement in February 2025 showed a substantial increase to $25,115 million, representing the highest recorded value in the dataset, and a significant rise compared to the previous periods.
- Overall Analysis
- Both net cash provided by operations and free cash flow to equity demonstrated a cyclical pattern with periods of growth followed by declines and subsequent recoveries. The data suggests overall improvement in free cash flow to equity in the most recent years, with a particularly strong increase noted in the last reporting period. This could indicate effective capital management and potentially improved profitability or operational efficiency. The rise in free cash flow to equity toward the end of the series also suggests enhanced capacity for distributed returns to equity holders or reinvestment, despite the moderate dip in operating cash flow in the final period.
Price to FCFE Ratio, Current
Home Depot Inc., current P/FCFE calculation, comparison to benchmarks
| No. shares of common stock outstanding | |
| Selected Financial Data (US$) | |
| Free cash flow to equity (FCFE) (in millions) | |
| FCFE per share | |
| Current share price (P) | |
| Valuation Ratio | |
| P/FCFE | |
| Benchmarks | |
| P/FCFE, Competitors1 | |
| Amazon.com Inc. | |
| Lowe’s Cos. Inc. | |
| TJX Cos. Inc. | |
| P/FCFE, Sector | |
| Consumer Discretionary Distribution & Retail | |
| P/FCFE, Industry | |
| Consumer Discretionary | |
Based on: 10-K (reporting date: 2025-02-02).
1 Click competitor name to see calculations.
If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.
Price to FCFE Ratio, Historical
Home Depot Inc., historical P/FCFE calculation, comparison to benchmarks
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | |||||||
| Selected Financial Data (US$) | |||||||
| Free cash flow to equity (FCFE) (in millions)2 | |||||||
| FCFE per share3 | |||||||
| Share price1, 4 | |||||||
| Valuation Ratio | |||||||
| P/FCFE5 | |||||||
| Benchmarks | |||||||
| P/FCFE, Competitors6 | |||||||
| Amazon.com Inc. | |||||||
| Lowe’s Cos. Inc. | |||||||
| TJX Cos. Inc. | |||||||
| P/FCFE, Sector | |||||||
| Consumer Discretionary Distribution & Retail | |||||||
| P/FCFE, Industry | |||||||
| Consumer Discretionary | |||||||
Based on: 10-K (reporting date: 2025-02-02), 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).
1 Data adjusted for splits and stock dividends.
3 2025 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= ÷ =
4 Closing price as at the filing date of Home Depot Inc. Annual Report.
5 2025 Calculation
P/FCFE = Share price ÷ FCFE per share
= ÷ =
6 Click competitor name to see calculations.
- Share Price Trend
- The share price exhibited a significant upward trend from $181.76 in early 2020 to a peak of $378.99 in early 2024. However, in the subsequent year, the share price declined to $351.15, indicating some volatility but still maintaining a level considerably higher than the starting point.
- Free Cash Flow to Equity (FCFE) per Share
- FCFE per share showed overall growth over the given period, starting at $12.12 in 2020 and ending at $25.27 in 2025. Despite fluctuations, including a noticeable dip in 2022 and 2023, the value rebounded strongly in the last year, suggesting improved cash generation capacity available to equity holders.
- Price-to-FCFE (P/FCFE) Ratio
- The P/FCFE ratio began at 14.99 in 2020, increased steadily to a maximum of 20.12 in 2024, then declined sharply to 13.9 in 2025. This pattern indicates changing market valuations relative to cash flow per share, with the company being more expensively valued around 2023-2024 and then becoming more attractively priced relative to cash flow in 2025.
- Overall Insights
- The financial data suggests that while the company’s share price and underlying free cash flows have generally increased over the six-year period, market valuations have fluctuated. The recent decrease in the price-to-FCFE ratio combined with a rise in FCFE per share could imply improved value for investors in the latest period. The decline in share price after 2024 might reflect market adjustments or external factors affecting investor sentiment, despite solid cash flow fundamentals.