HD FY 2012 Earnings Report — The Home Depot, Inc. Revenue & Financial Results | Market Cap Arena

The Home Depot, Inc.HD

FY 2012 Earnings

Reported March 28, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$74.8B	—	$70.4B	—	6.2%
Op. Income	$7.8B	—	$6.7B	—	16.6%
Gross Margin	34.6%	—	34.5%	—	0.1pp
Net Margin	6.1%	—	5.5%	—	0.6pp
EPS (Diluted)	$3.00	—	$2.47	—	21.5%
Free Cash Flow	$5.7B	—	$5.4B	—	4.3%

Revenue Flow

Item	Amount
REVENUE	$74.8B
Cost of Revenue	$48.9B
GROSS PROFIT	$25.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$16.5B
SG&A Expenses	$16.5B
Other Expenses	$1.6B
Operating Expenses	$18.1B
Cost & Expenses	$67.0B
OPERATING INCOME	$7.8B
Interest Income	$20M
Interest Expense	$632M
Other Income/Expenses	-$545M
INCOME BEFORE TAX	$7.2B
Income Tax Expense	$2.7B
Net Income from Continuing Ops	$4.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.5B
D&A	$1.7B
EBIT	$7.9B
EBITDA	$9.5B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$74.8B
Cost of Revenue	$48.9B
GROSS PROFIT	$25.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$16.5B
SG&A Expenses	$16.5B
Other Expenses	$1.6B
Operating Expenses	$18.1B
Cost & Expenses	$67.0B
OPERATING INCOME	$7.8B
Interest Income	$20M
Interest Expense	$632M
Other Income/Expenses	-$545M
INCOME BEFORE TAX	$7.2B
Income Tax Expense	$2.7B
Net Income from Continuing Ops	$4.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.5B
D&A	$1.7B
EBIT	$7.9B
EBITDA	$9.5B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$4.5B
Depreciation & Amortization	$1.7B
Stock-Based Compensation	$218M
Deferred Income Tax	$0
Other Non-Cash Items	$97M
Change in Working Capital	$441M
OPERATING CASH FLOW	$7.0B
Capital Expenditure	-$1.3B
Acquisitions (Net)	-$170M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$50M
NET CASH FROM INVESTING	-$1.4B
Net Debt Issuance	-$32M
Common Stock Repurchased	-$4.0B
Common Dividends Paid	-$1.7B
Other Financing Activities	-$59M
NET CASH FROM FINANCING	-$5.0B
FREE CASH FLOW	$5.7B
Net Change in Cash	$507M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.5B
Short-Term Investments	$0
Net Receivables	$1.4B
Inventory	$10.7B
Other Current Assets	$773M
TOTAL CURRENT ASSETS	$15.4B
PP&E (Net)	$24.1B
Goodwill	$1.2B
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$473M
TOTAL NON-CURRENT ASSETS	$25.7B
TOTAL ASSETS	$41.1B
Account Payables	$5.4B
Short-Term Debt	$1.3B
Deferred Revenue	$1.3B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$11.5B
Long-Term Debt	$9.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$319M
Other Non-Current Liabilities	$2.1B
TOTAL NON-CURRENT LIABILITIES	$11.8B
TOTAL LIABILITIES	$23.3B
Common Stock	$88M
Additional Paid-In Capital	$7.9B
Retained Earnings	$20.0B
Treasury Stock	-$10.7B
Accum. Other Comp. Income	$397M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$17.8B
Minority Interest	$0
TOTAL EQUITY	$17.8B
TOTAL LIABILITIES & EQUITY	$41.1B
Total Debt	$10.8B
Net Debt	$8.3B