HD Q1 2016 Earnings Report — The Home Depot, Inc. Revenue & Financial Results | Market Cap Arena

The Home Depot, Inc.HD

Q1 2016 Earnings

Reported May 23, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2016	Q4 2015	Q1 2015	QoQ Change	YoY Change
Revenue	$22.8B	—	—	—	—
Op. Income	$3.1B	—	—	—	—
Gross Margin	34.2%	—	—	—	—
Net Margin	7.9%	—	—	—	—
EPS (Diluted)	$1.44	—	—	—	—
Free Cash Flow	$3.3B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$22.8B
Cost of Revenue	$15.0B
GROSS PROFIT	$7.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4.3B
SG&A Expenses	$4.3B
Other Expenses	$433M
Operating Expenses	$4.7B
Cost & Expenses	$19.7B
OPERATING INCOME	$3.1B
Interest Income	$7M
Interest Expense	$244M
Other Income/Expenses	-$237M
INCOME BEFORE TAX	$2.8B
Income Tax Expense	$1.0B
Net Income from Continuing Ops	$1.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.8B
D&A	$486M
EBIT	$3.1B
EBITDA	$3.6B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$22.8B
Cost of Revenue	$15.0B
GROSS PROFIT	$7.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4.3B
SG&A Expenses	$4.3B
Other Expenses	$433M
Operating Expenses	$4.7B
Cost & Expenses	$19.7B
OPERATING INCOME	$3.1B
Interest Income	$7M
Interest Expense	$244M
Other Income/Expenses	-$237M
INCOME BEFORE TAX	$2.8B
Income Tax Expense	$1.0B
Net Income from Continuing Ops	$1.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.8B
D&A	$486M
EBIT	$3.1B
EBITDA	$3.6B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.8B
Depreciation & Amortization	$486M
Stock-Based Compensation	$72M
Deferred Income Tax	$0
Other Non-Cash Items	$0
Change in Working Capital	$1.3B
OPERATING CASH FLOW	$3.6B
Capital Expenditure	-$325M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	-$321M
Net Debt Issuance	-$373M
Common Stock Repurchased	-$1.2B
Common Dividends Paid	-$862M
Other Financing Activities	$54M
NET CASH FROM FINANCING	-$2.3B
FREE CASH FLOW	$3.3B
Net Change in Cash	$1.0B

Balance Sheet

Item	Amount
Cash & Equivalents	$3.3B
Short-Term Investments	$0
Net Receivables	$2.0B
Inventory	$13.2B
Other Current Assets	$545M
TOTAL CURRENT ASSETS	$19.0B
PP&E (Net)	$22.2B
Goodwill	$2.1B
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$1.2B
TOTAL NON-CURRENT ASSETS	$25.6B
TOTAL ASSETS	$44.6B
Account Payables	$8.7B
Short-Term Debt	$44M
Deferred Revenue	$1.6B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$15.1B
Long-Term Debt	$20.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$303M
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$23.1B
TOTAL LIABILITIES	$38.2B
Common Stock	$88M
Additional Paid-In Capital	$9.4B
Retained Earnings	$31.9B
Treasury Stock	-$34.4B
Accum. Other Comp. Income	-$578M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.3B
Minority Interest	$0
TOTAL EQUITY	$6.3B
TOTAL LIABILITIES & EQUITY	$44.6B
Total Debt	$20.9B
Net Debt	$17.7B