Home Depot (HD) FY2022 results: revenue $157.4 billion, up 4.1% on the year
Home Depot, Inc. (HD) reported revenue of $157.4 billion for fiscal 2022, the year ended 29 January 2023, up 4.1% on the year before. Net income was $17.1 billion, up 4.1%, and diluted earnings per share $16.69. The figures are the company's own, from the 10-K it filed with the SEC on 15 March 2023.
Revenue
$157.4 billion
+4.1% on the year
FY2015FY2022
Operating margin
15.3%
15.2% a year earlier
FY2015FY2022
Net income
$17.1 billion
+4.1% on the year
FY2015FY2022
Diluted EPS
$16.69
+7.5% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
14,615
16,571
18,839
-11.8%
Capital expenditure
3,119
2,566
2,463
+21.6%
Free cash flow
11,496
14,005
16,376
-17.9%
Free cash flow margin
7.3%
9.3%
12.4%
Cash from investing
-3,140
-2,969
-10,170
Cash from financing
-10,993
-19,120
-2,983
Depreciation and amortisation
2,796
2,862
2,519
-2.3%
Share-based compensation
366
399
310
-8.3%
Buybacks
6,696
14,809
791
-54.8%
Dividends paid
7,789
6,985
6,451
+11.5%
Dividend per share
$7.60
$6.60
$6.00
+15.2%
Diluted shares, weighted
1,025m
1,058m
1,078m
-3.1%
Shares outstanding at period end
1,016m
1,035m
1,077m
-1.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,562
-1,696
3,299
Debt
41,150
40,086
34,750
+2.7%
Operating lease liabilities
6,226
5,353
5,356
+16.3%
Finance lease liabilities
3,054
3,038
2,700
+0.5%
Other liabilities
24,453
25,095
24,476
-2.6%
Total liabilities and equity
76,445
71,876
70,581
+6.4%
Fixed assets
25,631
25,199
24,705
+1.7%
Goodwill
7,444
7,449
7,126
-0.1%
Intangible assets
3,323
3,503
n/a
-5.1%
Cash and equivalents
2,757
2,343
7,895
+17.7%
Receivables
3,317
3,426
2,992
-3.2%
Inventory
24,886
22,068
16,627
+12.8%
Other assets
9,087
7,888
11,236
+15.2%
Total assets
76,445
71,876
70,581
+6.4%
10-K for the year ended 29 January 2023, filed 15 March 2023: the filing.