HD FY 2019 Earnings Report — The Home Depot, Inc. Revenue & Financial Results | Market Cap Arena

The Home Depot, Inc.HD

FY 2019 Earnings

Reported March 25, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$110.2B	—	$108.2B	—	1.9%
Op. Income	$15.8B	—	$15.5B	—	2.0%
Gross Margin	34.1%	—	34.3%	—	-0.3pp
Net Margin	10.2%	—	10.3%	—	-0.1pp
EPS (Diluted)	$10.25	—	$9.73	—	5.3%
Free Cash Flow	$11.0B	—	$10.7B	—	3.0%

Revenue Flow

Item	Amount
REVENUE	$110.2B
Cost of Revenue	$72.7B
GROSS PROFIT	$37.6B
R&D Expenses	$0
Selling & Marketing	$904M
General & Administrative	$18.8B
SG&A Expenses	$19.7B
Other Expenses	$2.0B
Operating Expenses	$21.7B
Cost & Expenses	$94.4B
OPERATING INCOME	$15.8B
Interest Income	$73M
Interest Expense	$1.2B
Other Income/Expenses	-$1.1B
INCOME BEFORE TAX	$14.7B
Income Tax Expense	$3.5B
Net Income from Continuing Ops	$11.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11.2B
D&A	$2.3B
EBIT	$15.8B
EBITDA	$18.2B
EPS	$10
EPS Diluted	$10

Income Statement

Item	Amount
REVENUE	$110.2B
Cost of Revenue	$72.7B
GROSS PROFIT	$37.6B
R&D Expenses	$0
Selling & Marketing	$904M
General & Administrative	$18.8B
SG&A Expenses	$19.7B
Other Expenses	$2.0B
Operating Expenses	$21.7B
Cost & Expenses	$94.4B
OPERATING INCOME	$15.8B
Interest Income	$73M
Interest Expense	$1.2B
Other Income/Expenses	-$1.1B
INCOME BEFORE TAX	$14.7B
Income Tax Expense	$3.5B
Net Income from Continuing Ops	$11.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11.2B
D&A	$2.3B
EBIT	$15.8B
EBITDA	$18.2B
EPS	$10
EPS Diluted	$10

Cash Flow Statement

Item	Amount
Net Income	$11.2B
Depreciation & Amortization	$2.3B
Stock-Based Compensation	$251M
Deferred Income Tax	$202M
Other Non-Cash Items	-$18M
Change in Working Capital	-$286M
OPERATING CASH FLOW	$13.7B
Capital Expenditure	-$2.7B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$25M
NET CASH FROM INVESTING	-$2.7B
Net Debt Issuance	$2.0B
Common Stock Repurchased	-$7.0B
Common Dividends Paid	-$6.0B
Other Financing Activities	-$176M
NET CASH FROM FINANCING	-$10.8B
FREE CASH FLOW	$11.0B
Net Change in Cash	$355M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.1B
Short-Term Investments	$0
Net Receivables	$2.1B
Inventory	$14.5B
Other Current Assets	$1.0B
TOTAL CURRENT ASSETS	$19.8B
PP&E (Net)	$28.4B
Goodwill	$2.3B
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$139M
Other Non-Current Assets	$668M
TOTAL NON-CURRENT ASSETS	$31.4B
TOTAL ASSETS	$51.2B
Account Payables	$7.8B
Short-Term Debt	$2.8B
Deferred Revenue	$2.1B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$18.4B
Long-Term Debt	$28.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$706M
Other Non-Current Liabilities	$1.5B
TOTAL NON-CURRENT LIABILITIES	$36.0B
TOTAL LIABILITIES	$54.4B
Common Stock	$89M
Additional Paid-In Capital	$11.0B
Retained Earnings	$51.7B
Treasury Stock	-$65.2B
Accum. Other Comp. Income	-$739M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	-$3.1B
Minority Interest	$0
TOTAL EQUITY	-$3.1B
TOTAL LIABILITIES & EQUITY	$51.2B
Total Debt	$37.4B
Net Debt	$35.2B