Home Depot Financial Statement

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Company Report on Home Depot
Home Depot is a home improvement company that was incorporated in Delaware in 1978 and began trading on the New York Stock Exchange on April 18, 1984. The company is trading using the ticker symbol of HD and has an average trading volume of 3 million shares. In addition, it has a market cap of 144.3 billion. Home Depot is a very large organization and currently operated approximately 2,200 retail stores. This company’s main focus is on construction of personal homes and the home’s maintenance. As a result, each store have approximately 40,000 different types of building materials organized in an expansive retail store that measures nearly 125,000 sq ft.
According to the Company Annual Report, their fiscal year …show more content…

This number illustrated an increase in their revenues from 2014, when the revenues were listed as being $78,812 million. According to the consolidated statement of earnings of this company stated that in 2015 their net income was six thousand three hundred and forty five million dollars $ 6,345million which was an increase of $960million from 2014.
The Home Depot currently has 1.307 billion company shares outstanding as of February 1, 2015, which are all common stock. In contrast, to the prior year when the company had 1.380 billion common stock outstanding. As a result, more people purchase this stock than in the previous year because many analysts were rating this company with a buy signal due to forecasting growth in this company.
According to Yahoo Finance, Home Depot stock was traded today at a stock price of $113. 18. This company stock prices usually range from $ 77.95 to $117. 99 in the past year. The dividend paid for each share of stock was one dollar and sixteen cents ($1.16). This company stated that the earning per share was $4.93. I found that it was interesting to observe, that the depreciation cost on the Property and Equipment was approximately forty percent according to company 10k report. In addition, I found it interesting that cash and its equivalent were actually lower in this report in 2015 than last year, which had me wonder if currency rates were an issue this year since the company has expanded its market to both China and