HD
The Home Depot Inc
Q1 2025 Report
The Home Depot Inc (HD) Q1 2025 Financial Results: Resilient Performance Amid Challenges...
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Executive Summary
The Home Depot Inc (HD) delivered a solid financial performance for Q4 2024, with revenues of $39.7 billion marking a 14% increase year-over-year, driven by an extra week of sales in the fiscal year. Adjusted diluted earnings per share rose to $3.13, up 9.4% from a year earlier, reflecting the company's resilience amidst challenging macroeconomic conditions. The gains were supported by strategic investments in supply chain improvements and the integration of the newly acquired SRS company, signaling ongoing operational enhancements. However, the company highlighted softness in large remodeling projects, posing potential headwinds for future growth. The overall outlook for 2025 anticipates a modest sales growth of approximately 1% against continuing pressures from interest rates and housing turnover.
Key Performance Indicators
Revenue
39.70B
QoQ: -1.28% | YoY:14.14%
Gross Profit
13.03B
32.83% margin
QoQ: -2.91% | YoY:13.26%
Operating Income
4.50B
QoQ: -17.04% | YoY:8.50%
Net Income
3.00B
QoQ: -17.85% | YoY:7.00%
EPS
3.02
QoQ: -17.93% | YoY:6.71%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $39.7 billion (up 14% YoY, up 0.8% QoQ)
- **Net Income:** $2.997 billion (up 7% YoY)
- **EPS:** $3.13, up 9.4% YoY
- **Operating Margin:** 11.3% (down from 11.9% YoY)
- **Gross Margin:** 32.8% (down 25 bps YoY)