Home Depot Inc. Stock
Home Depot Inc. Stock
Pros and Cons of Home Depot Inc. in the next few years
Pros
Cons
Performance of Home Depot Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Home Depot Inc. | 0.270% | -2.327% | -9.851% | 16.077% | 0.191% | 15.991% | 71.273% |
| Lowes Companies Inc. | 1.260% | -0.940% | -5.302% | 13.343% | 7.246% | 27.455% | 112.739% |
| Burlington Stores | 1.200% | -9.189% | -16.832% | -1.754% | -5.618% | -37.778% | 15.862% |
| Ulta Salon | -2.380% | -6.641% | -20.492% | -21.774% | -12.217% | 42.177% | 22.979% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Home Depot Inc. (NYSE: HD), a leading player in the Other Specialty Retailers industry, displays an intriguing financial profile. Upon an initial examination of the company's financial statements, Home Depot seems to be a strong contender within its industry, boasting significant revenue growth and a solid asset base. However, a careful analysis of its financials reveals certain areas of concern, which warrant further exploration. In this article, we delve into a comprehensive evaluation of Home Depot's financial health by uncovering the pros and cons evident in its financial statements.
Revenue growth: Home Depot's total revenue has shown a consistent upswing, garnering from €132,110,000,000 in 2021 to €151,157,000,000 in 2022 and further to $157,403,000,000 in 2023. This positive revenue trend reflects the company's success in expanding its market presence and solidifying its position within the industry.
Improving profitability: The company's net income has also increased year-over-year, noticeably jumping from €12,866,000,000 in 2021 to €16,433,000,000 in 2022 and further to $17,105,000,000 in 2023. This surge in profitability attests to Home Depot's ability to translate its revenue growth into tangible net earnings for its shareholders.
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