HD FY 2017 Earnings Report — The Home Depot, Inc. Revenue & Financial Results | Market Cap Arena

The Home Depot, Inc.HD

FY 2017 Earnings

Reported March 22, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$100.9B	—	$94.6B	—	6.7%
Op. Income	$14.7B	—	$13.4B	—	9.3%
Gross Margin	34.0%	—	34.2%	—	-0.1pp
Net Margin	8.6%	—	8.4%	—	0.1pp
EPS (Diluted)	$7.29	—	$6.45	—	13.0%
Free Cash Flow	$10.1B	—	$8.2B	—	24.2%

Revenue Flow

Item	Amount
REVENUE	$100.9B
Cost of Revenue	$66.5B
GROSS PROFIT	$34.4B
R&D Expenses	$0
Selling & Marketing	$797M
General & Administrative	$17.1B
SG&A Expenses	$17.9B
Other Expenses	$1.8B
Operating Expenses	$19.7B
Cost & Expenses	$86.2B
OPERATING INCOME	$14.7B
Interest Income	$74M
Interest Expense	$1.1B
Other Income/Expenses	-$983M
INCOME BEFORE TAX	$13.7B
Income Tax Expense	$5.1B
Net Income from Continuing Ops	$8.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8.6B
D&A	$2.1B
EBIT	$14.8B
EBITDA	$16.8B
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$100.9B
Cost of Revenue	$66.5B
GROSS PROFIT	$34.4B
R&D Expenses	$0
Selling & Marketing	$797M
General & Administrative	$17.1B
SG&A Expenses	$17.9B
Other Expenses	$1.8B
Operating Expenses	$19.7B
Cost & Expenses	$86.2B
OPERATING INCOME	$14.7B
Interest Income	$74M
Interest Expense	$1.1B
Other Income/Expenses	-$983M
INCOME BEFORE TAX	$13.7B
Income Tax Expense	$5.1B
Net Income from Continuing Ops	$8.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8.6B
D&A	$2.1B
EBIT	$14.8B
EBITDA	$16.8B
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$8.6B
Depreciation & Amortization	$2.1B
Stock-Based Compensation	$273M
Deferred Income Tax	$92M
Other Non-Cash Items	$328M
Change in Working Capital	$646M
OPERATING CASH FLOW	$12.0B
Capital Expenditure	-$1.9B
Acquisitions (Net)	-$374M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$43M
NET CASH FROM INVESTING	-$2.2B
Net Debt Issuance	$3.3B
Common Stock Repurchased	-$8.0B
Common Dividends Paid	-$4.2B
Other Financing Activities	$44M
NET CASH FROM FINANCING	-$8.9B
FREE CASH FLOW	$10.1B
Net Change in Cash	$1.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$3.6B
Short-Term Investments	$0
Net Receivables	$2.0B
Inventory	$12.7B
Other Current Assets	$638M
TOTAL CURRENT ASSETS	$18.9B
PP&E (Net)	$22.1B
Goodwill	$2.3B
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$1.2B
TOTAL NON-CURRENT ASSETS	$25.6B
TOTAL ASSETS	$44.5B
Account Payables	$7.2B
Short-Term Debt	$2.8B
Deferred Revenue	$1.8B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$16.2B
Long-Term Debt	$24.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$440M
Other Non-Current Liabilities	$2.2B
TOTAL NON-CURRENT LIABILITIES	$26.9B
TOTAL LIABILITIES	$43.1B
Common Stock	$89M
Additional Paid-In Capital	$10.2B
Retained Earnings	$39.9B
Treasury Stock	-$48.2B
Accum. Other Comp. Income	-$566M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$0
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$44.5B
Total Debt	$27.0B
Net Debt	$23.4B