Historical analysis of Home Depot income statement accounts such as Earning Before Interest and Taxes EBIT of 13.9 B
can show how well The Home Depot Inc performed in making a profits. Evaluating Home Depot income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Home Depot future profits or losses. Financial Statement Analysis is much more than just reviewing and examining The Home Depot latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether The Home Depot is a good buy for the upcoming year. Please also check Risk vs Return Analysis
Earning Before Interest and Taxes EBIT Net Income Operating Income Revenues
The Home Depot Inc Income Statement Chart
Earning Before Interest and Taxes EBIT
Earnings Before Interest and Tax is calculated by adding Income Tax Expense
and Interest Expense
back to Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in The Home Depot financial statement analysis. It represents the amount of money remaining after all of The Home Depot Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income
, and before the deduction of Preferred Dividends.
Operating Income is the amount of profit realized from The Home Depot operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of The Home Depot Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense
, Income Tax Expense
and other Non-Operating items. It is calculated as Gross Profit
minus Operating Expenses
Revenues refers to the total amount of money received by Home Depot for goods sold or services provided during a certain time period. It also includes all of The Home Depot sales as well as any other increase in The Home Depot Inc equity.Revenues are reported on The Home Depot income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.