Similar companies
Company | Revenue | |
---|---|---|
Williams SonomaWSM |
1.66B 27.1% |
Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 36.4B | 4.7% |
Gross Profit | 12.4B | 8% |
Cost of Revenue | 24B | 3% |
Operating expense | 7.35B | 0.1% |
Net Income | 3.6B | 28.5% |
EBITDA | 5.82B | 19.2% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 79.2B | 3.5% |
Total Liabilities | 77.4B | 2.5% |
Total Equity | 1.82B | 74.3% |
Shares Outstanding | 992M | 0% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 5.5B | 16.1% |
Cash from investing | -830M | 47.5% |
Cash from financing | -4.15B | 172.8% |
EPS
Financial Highlights for Home Depot in Q2 '24
Home Depot reported a revenue of 36.4B, which is a 4.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 12.4B, marking a 8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 24B, a 3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 7.35B, showing a -0.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 3.6B, showing a 28.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 5.82B, showing a 19.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Home Depot with growth in revenue, gross profit, and net income.