Home Depot Q2 FY24: where the revenue came from and where it went
The whole income statement of Home Depot for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 29 – Jul 28, 2024
- Reported
- Aug 20, 2024
Revenue$43.2B
+1% year over year
Gross profit$14.4B
33% margin
Operating profit$6.5B
15% margin
Net profit$4.6B
11% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 43.2 | 100% | +1% |
| US | 39.5 | 92% | +1% |
| Non US | 3.7 | 8% | −2% |
| Cost of revenue | −28.8 | 67% | |
| Gross profit | 14.4 | 33% margin | +0pp |
| SG&A | −7.1 | 16% | +0pp |
| Other | −0.7 | 2% | +0pp |
| Operating profit | 6.5 | 15% margin | +0pp |
| Interest & other costs | −0.5 | ||
| Tax | −1.5 | ||
| Net profit | 4.6 | 11% margin | +0pp |
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