The Home Depot Inc.

THE HOME DEPOT, INC. Last 5 Year Stock Graph

The above graph shows the monthly share price for The Home Depot, Inc. over the graph period. The share price tells us how much it would cost to buy one share in the company and the graph highlights recent trends.

The officially registered name of the company is The Home Depot, Inc., and the company was incorporated into law in 1978. A description of the company is as follows The Home Depot, Inc. is a home improvement retailer. The Company offers a wide assortment of building materials, home improvement products, lawn and garden products, decor products, and facilities maintenance, repair, and operations products. It also provides various services, including home improvement installation services and tool and equipment rental. The Company operates approximately 2,335 stores located throughout the United States including the Commonwealth of Puerto Rico and the territories of the U.S. Virgin Islands and Guam, Canada, and Mexico. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. It also maintains a network of distribution and fulfillment centers, as well as various e-commerce websites in the United States, Canada, and Mexico. The Company serves two primary customer groups: do-it-yourself (DIY) Customers and Professional Customers (Pros). The company’s market capitalization is among the highest in the world, making it one of the largest companies globally. The market capitalisation is380669762616. This figure is calculated by multiplying the quantity of shares in circulation by the current share price, giving an estimate of the company’s market worth.

Financial Overview

The company is currently trading at -3.56% below its 52-week high. The 52 week high provides interested parties with the idea of how much the security has moved in the last year and whether it is trading near this high.

The price to earnings ratio of the company is 25.7877, this number indicates the amount a company earns compared to the price it costs to buy the company. Some investors would see a low price to earnings ratio provides as providing value. Analysts will usually compare price to earnings ratio of companies within the same industry group. Companies with high price to earnings ratio are considered as growth stocks, whilst companies with low price to earnings ratio are considered as value stocks. The beta of The Home Depot, Inc. is 0.9997, this is a technical term for the level of volatility a company has when compared to the overall market. The S&P 500 has a beta of 1, so stocks with beta values greater than 1 tend to move with more momentum when compared to the overall stock market and is therefore more volatile than the overall stock market. Whilst betas of less than 1 signal that the stock is less volatile than the market and may be safer, in times of uncertainty, certain investors will increase the number of stocks that have betas less than one.

Investment Profits

If you would have invested $100 in THE HOME DEPOT, INC. 5 years ago today, you would have made a profit of $70.58.

Key Metrics Updated Daily

Official Name The Home Depot, Inc.

Beta: 0.9997

52 Week High: 396.8729

52 Week Low: 274.26

Change: 1.23

Number of Employees: 463100

Exchange: New York Stock Exchange

Headquarters: 2455 Paces Ferry Road, ATLANTA, GA, 30339 US

Industry: Specialty Retailers

Year incorporated: 1978

The Home Depot, Inc. – What to look out for in 2024

Here are 10 key bullet points that investors should look out for when investing in Home Depot:

• solid financial performance: Year over year, Home Depot has consistently produced solid financial results, with revenue growth and earnings per share increases.


• Market dominance: Home Depot is the largest home improvement retailer in the world, with over 2,200 locations across North America, providing it a huge competitive edge.


• Emphasis on the customer experience: Home Depot has made significant investments to enhance its online shopping capabilities and places a high priority on delivering first-rate customer service.


• Stable supply network: The business’s supply chain is very effective, enabling it to promptly replenish stock and complete orders.


• Diversified product offerings: Home Depot sells appliances, furnishings, and design goods in addition to more conventional home improvement products like tools and building supplies.


• Solid brand recognition: Home Depot is a well-known company with a lot of devoted customers, which encourages repeat business.


• Skilled management team: The organization’s management group has a wealth of retail business knowledge and has effectively managed difficulties including economic downturns and shifting customer tastes.


• Commitment to sustainability: By implementing programmes like energy-efficient lighting and sustainable sourcing methods, Home Depot has made tremendous progress in minimizing its environmental impact.


• Shareholder-friendly policies: Through dividends and share buybacks, the corporation frequently distributes cash to shareholders.


• Possibilities for expansion: Despite Home Depot’s current market dominance, there are still potential for it to enter new markets or product categories, which might fuel further development.