Home Depot Stock Net Income
HD Stock | USD 339.00 2.89 0.86% |
Home Depot fundamentals help investors to digest information that contributes to Home Depot's financial success or failures. It also enables traders to predict the movement of Home Stock. The fundamental analysis module provides a way to measure Home Depot's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Home Depot stock.
Last Reported | Projected for Next Year | ||
Net Income | 15.1 B | 15.9 B | |
Net Income Applicable To Common Shares | 19.7 B | 20.7 B | |
Net Income From Continuing Ops | 15.1 B | 9.8 B | |
Net Income Per Share | 15.16 | 11.98 | |
Net Income Per E B T | 0.76 | 0.76 |
Home | Net Income |
Home Depot Company Net Income Analysis
Home Depot's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Home Depot Net Income | 15.14 B |
Most of Home Depot's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Home Depot is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Home Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Home Depot is extremely important. It helps to project a fair market value of Home Stock properly, considering its historical fundamentals such as Net Income. Since Home Depot's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Home Depot's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Home Depot's interrelated accounts and indicators.
Home Net Income Historical Pattern
Today, most investors in Home Depot Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Home Depot's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Home Depot net income as a starting point in their analysis.
Home Depot Net Income |
Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Home Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Home Depot reported net income of 15.14 B. This is much higher than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The net income for all United States stocks is significantly lower than that of the firm.
Home Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Home Depot's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Home Depot could also be used in its relative valuation, which is a method of valuing Home Depot by comparing valuation metrics of similar companies.Home Depot is currently under evaluation in net income category among related companies.
Home Depot ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Home Depot's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Home Depot's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Home Depot Institutional Holders
Institutional Holdings refers to the ownership stake in Home Depot that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Home Depot's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Home Depot's value.Shares | Northern Trust Corp | 2023-12-31 | 11.8 M | Wellington Management Company Llp | 2023-12-31 | 10.3 M | Royal Bank Of Canada | 2023-12-31 | 9.8 M | Bank Of New York Mellon Corp | 2023-12-31 | 9.2 M | Jpmorgan Chase & Co | 2023-12-31 | 8.8 M | Fisher Asset Management, Llc | 2023-12-31 | 8.8 M | Legal & General Group Plc | 2023-12-31 | 8.5 M | Fmr Inc | 2023-12-31 | 8.2 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 6.5 M | Vanguard Group Inc | 2023-12-31 | 94.5 M | Blackrock Inc | 2023-12-31 | 71.1 M |
Home Fundamentals
Return On Equity | 0.12 | ||||
Return On Asset | 0.18 | ||||
Profit Margin | 0.1 % | ||||
Operating Margin | 0.12 % | ||||
Current Valuation | 382.43 B | ||||
Shares Outstanding | 991.03 M | ||||
Shares Owned By Institutions | 72.52 % | ||||
Number Of Shares Shorted | 9.89 M | ||||
Price To Earning | 19.67 X | ||||
Price To Book | 325.47 X | ||||
Price To Sales | 2.23 X | ||||
Revenue | 152.67 B | ||||
Gross Profit | 52.78 B | ||||
EBITDA | 24.94 B | ||||
Net Income | 15.14 B | ||||
Cash And Equivalents | 2.76 B | ||||
Cash Per Share | 2.42 X | ||||
Total Debt | 52.24 B | ||||
Current Ratio | 1.39 X | ||||
Book Value Per Share | 1.05 X | ||||
Cash Flow From Operations | 21.17 B | ||||
Short Ratio | 2.96 X | ||||
Earnings Per Share | 15.12 X | ||||
Price To Earnings To Growth | 1.91 X | ||||
Target Price | 362.38 | ||||
Number Of Employees | 463.1 K | ||||
Beta | 0.98 | ||||
Market Capitalization | 333.1 B | ||||
Total Asset | 76.53 B | ||||
Retained Earnings | 83.66 B | ||||
Working Capital | 7.76 B | ||||
Current Asset | 16.48 B | ||||
Current Liabilities | 12.52 B | ||||
Annual Yield | 0.03 % | ||||
Five Year Return | 2.16 % | ||||
Net Asset | 76.53 B | ||||
Last Dividend Paid | 8.52 |
About Home Depot Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Home Depot's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Home Depot using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Home Depot based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Home Depot Investors Sentiment
The influence of Home Depot's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Home. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Home Depot's public news can be used to forecast risks associated with an investment in Home. The trend in average sentiment can be used to explain how an investor holding Home can time the market purely based on public headlines and social activities around Home Depot. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Home Depot's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Home Depot's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Home Depot's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Home Depot.
Home Depot Implied Volatility | 28.08 |
Home Depot's implied volatility exposes the market's sentiment of Home Depot stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Home Depot's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Home Depot stock will not fluctuate a lot when Home Depot's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Home Depot in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Home Depot's short interest history, or implied volatility extrapolated from Home Depot options trading.
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Try AI Portfolio ArchitectCheck out Home Depot Piotroski F Score and Home Depot Altman Z Score analysis. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Home Stock analysis
When running Home Depot's price analysis, check to measure Home Depot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Home Depot is operating at the current time. Most of Home Depot's value examination focuses on studying past and present price action to predict the probability of Home Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Depot's price. Additionally, you may evaluate how the addition of Home Depot to your portfolios can decrease your overall portfolio volatility.
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Is Home Depot's industry 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 (0.15) | Dividend Share 8.52 | Earnings Share 15.12 | Revenue Per Share 152.822 | Quarterly Revenue Growth (0.03) |
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.