Home Depot (HD) FY2021 results: revenue $151.2 billion, up 14.4% on the year
Home Depot, Inc. (HD) reported revenue of $151.2 billion for fiscal 2021, the year ended 30 January 2022, up 14.4% on the year before. Net income was $16.4 billion, up 27.7%, and diluted earnings per share $15.53. The figures are the company's own, from the 10-K it filed with the SEC on 23 March 2022.
Revenue
$151.2 billion
+14.4% on the year
FY2014FY2021
Operating margin
15.2%
13.8% a year earlier
FY2014FY2021
Net income
$16.4 billion
+27.7% on the year
FY2014FY2021
Diluted EPS
$15.53
+30.1% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
16,571
18,839
13,687
-12.0%
Capital expenditure
2,566
2,463
2,678
+4.2%
Free cash flow
14,005
16,376
11,009
-14.5%
Free cash flow margin
9.3%
12.4%
10.0%
Cash from investing
-2,969
-10,170
-2,653
Cash from financing
-19,120
-2,983
-10,798
Depreciation and amortisation
2,862
2,519
2,296
+13.6%
Share-based compensation
399
310
251
+28.7%
Buybacks
14,809
791
6,965
+1,772.2%
Dividends paid
6,985
6,451
5,958
+8.3%
Dividend per share
$6.60
$6.00
$5.44
+10.0%
Diluted shares, weighted
1,058m
1,078m
1,097m
-1.9%
Shares outstanding at period end
1,035m
1,077m
1,077m
-3.9%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
-1,696
3,299
-3,116
Debt
40,086
34,750
31,483
+15.4%
Operating lease liabilities
5,353
5,356
5,066
-0.1%
Finance lease liabilities
3,038
2,700
1,081
+12.5%
Other liabilities
25,095
24,476
16,722
+2.5%
Total liabilities and equity
71,876
70,581
51,236
+1.8%
Fixed assets
25,199
24,705
22,770
+2.0%
Goodwill
7,449
7,126
2,254
+4.5%
Intangible assets
3,503
n/a
n/a
Cash and equivalents
2,343
7,895
2,133
-70.3%
Receivables
3,426
2,992
2,106
+14.5%
Inventory
22,068
16,627
14,531
+32.7%
Other assets
7,888
11,236
7,442
-29.8%
Total assets
71,876
70,581
51,236
+1.8%
10-K for the year ended 30 January 2022, filed 23 March 2022: the filing.