Home Depot Future Growth
Future criteria checks 2/6
Home Depot is forecast to grow earnings and revenue by 5% and 3.1% per annum respectively. EPS is expected to grow by 6.5% per annum. Return on equity is forecast to be 230.3% in 3 years.
Key information
5.0%
Earnings growth rate
6.5%
EPS growth rate
| Specialty Retail earnings growth | 13.1% |
| Revenue growth rate | 3.1% |
| Future return on equity | 230.3% |
| Analyst coverage | Good |
| Last updated | 18 May 2024 |
Recent future growth updates
Recent updates
Reading The Q1 Tea Leaves At The Home Depot
May 16Shareholders Will Most Likely Find The Home Depot, Inc.'s (NYSE:HD) CEO Compensation Acceptable
May 11
There Are Reasons To Feel Uneasy About Home Depot's (NYSE:HD) Returns On Capital
Apr 21Home Depot Stock: A Deep Dive Finds A Neutral View
Apr 15Estimating The Intrinsic Value Of The Home Depot, Inc. (NYSE:HD)
Apr 07The Home Depot's Big Purchase: A Big Opportunity With A Big Price Tag
Mar 29The Home Depot, Inc.'s (NYSE:HD) Shareholders Might Be Looking For Exit
Mar 24Here's Why Home Depot (NYSE:HD) Can Manage Its Debt Responsibly
Mar 10Home Depot: Expect Weak Home Improvement Market In FY24
Mar 08The Reasons Our View On Home Depot Remains Neutral
Feb 26The Home Depot, Inc. (NYSE:HD) Yearly Results: Here's What Analysts Are Forecasting For This Year
Feb 22Home Depot And Lowe's: A Textbook Example Of Quality Vs. Value
Jan 29Home Depot Is A Hold Due To Its Valuation
Jan 22At US$356, Is The Home Depot, Inc. (NYSE:HD) Worth Looking At Closely?
Jan 18Home Depot (NYSE:HD) Will Want To Turn Around Its Return Trends
Jan 04Home Depot: Promotional Discounting Is Turning Rational; Reiterate 'Buy'
Dec 26A Look At The Fair Value Of The Home Depot, Inc. (NYSE:HD)
Dec 22Home Depot's Business Model Resilience Is Flat-Out Impressive
Dec 15Battle Of The Duopolies: Lowe's Vs Home Depot. Which One Is The Better Buy?
Nov 28Home Depot: Q3 Earnings Show A Positive Shift In Strategy But Questions Remain
Nov 16Home Depot Q3 Earnings Preview: Weakening Consumer Confidence Could Impact Guidance
Nov 09We Think Home Depot (NYSE:HD) Can Stay On Top Of Its Debt
Nov 06Is Home Depot A Wise Investment Choice Amid Inflation Surge
Oct 20At US$293, Is It Time To Put The Home Depot, Inc. (NYSE:HD) On Your Watch List?
Oct 09Home Depot: Set For Double Digit Returns Despite Short-Term Challenges
Oct 09Home Depot (NYSE:HD) Knows How To Allocate Capital
Sep 26Estimating The Intrinsic Value Of The Home Depot, Inc. (NYSE:HD)
Sep 11Dividend Dreaming With Home Depot: Awaiting The Right Valuation
Sep 08Home Depot - Tougher Times Ahead?
Sep 01Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 1/31/2027 | 164,559 | 16,810 | 17,693 | 21,426 | 16 |
| 1/31/2026 | 158,214 | 15,896 | 16,565 | 19,826 | 32 |
| 1/31/2025 | 154,169 | 15,143 | 17,225 | 20,484 | 32 |
| 4/28/2024 | 151,830 | 14,870 | 17,887 | 21,055 | N/A |
| 1/28/2024 | 152,669 | 15,143 | 17,946 | 21,172 | N/A |
| 10/29/2023 | 153,714 | 15,704 | 17,762 | 21,033 | N/A |
| 7/30/2023 | 154,876 | 16,233 | 16,269 | 19,638 | N/A |
| 4/30/2023 | 155,752 | 16,747 | 13,120 | 16,440 | N/A |
| 1/29/2023 | 157,403 | 17,105 | 11,496 | 14,615 | N/A |
| 10/30/2022 | 157,291 | 17,095 | 10,161 | 13,206 | N/A |
| 7/31/2022 | 155,239 | 16,885 | 10,835 | 13,806 | N/A |
| 5/1/2022 | 152,565 | 16,519 | 11,304 | 14,050 | N/A |
| 1/30/2022 | 151,157 | 16,433 | 14,005 | 16,571 | N/A |
| 10/31/2021 | 147,699 | 15,938 | 12,113 | 14,810 | N/A |
| 8/1/2021 | 144,415 | 15,241 | 11,484 | 13,957 | N/A |
| 5/2/2021 | 141,350 | 14,766 | 17,011 | 19,412 | N/A |
| 1/31/2021 | 132,110 | 12,866 | 16,376 | 18,839 | N/A |
| 11/1/2020 | 125,631 | 12,490 | 18,019 | 20,309 | N/A |
| 8/2/2020 | 119,318 | 11,827 | 17,509 | 19,973 | N/A |
| 5/3/2020 | 112,104 | 10,974 | 12,128 | 14,711 | N/A |
| 2/2/2020 | 110,225 | 11,242 | 11,009 | 13,687 | N/A |
| 11/3/2019 | 110,934 | 11,105 | 11,173 | 13,795 | N/A |
| 8/4/2019 | 110,013 | 11,203 | 11,077 | 13,674 | N/A |
| 5/5/2019 | 109,637 | 11,230 | 11,203 | 13,770 | N/A |
| 2/3/2019 | 108,203 | 11,121 | 10,723 | 13,165 | N/A |
| 10/28/2018 | 105,595 | 10,556 | 10,072 | 12,326 | N/A |
| 7/29/2018 | 104,319 | 9,854 | 9,934 | 12,076 | N/A |
| 4/29/2018 | 101,964 | 9,020 | 9,453 | 11,448 | N/A |
| 1/28/2018 | 100,904 | 8,630 | N/A | 12,031 | N/A |
| 10/29/2017 | 99,228 | 8,595 | N/A | 11,605 | N/A |
| 7/30/2017 | 97,356 | 8,399 | N/A | 10,768 | N/A |
| 4/30/2017 | 95,720 | 8,168 | N/A | 10,711 | N/A |
| 1/29/2017 | 94,595 | 7,957 | N/A | 9,783 | N/A |
| 10/30/2016 | 93,368 | 7,684 | N/A | 9,926 | N/A |
| 7/31/2016 | 92,033 | 7,440 | N/A | 10,316 | N/A |
| 5/1/2016 | 90,390 | 7,233 | N/A | 9,605 | N/A |
| 1/31/2016 | 88,519 | 7,009 | N/A | 9,373 | N/A |
| 11/1/2015 | 86,701 | 6,917 | N/A | 9,361 | N/A |
| 8/2/2015 | 85,398 | 6,729 | N/A | 8,891 | N/A |
| 5/3/2015 | 84,380 | 6,545 | N/A | 9,078 | N/A |
| 2/1/2015 | 83,176 | 6,345 | N/A | 8,242 | N/A |
| 11/2/2014 | 81,710 | 5,979 | N/A | 7,894 | N/A |
| 8/3/2014 | 80,664 | 5,793 | N/A | 8,195 | N/A |
| 5/4/2014 | 79,375 | 5,538 | N/A | 7,499 | N/A |
| 2/2/2014 | 78,812 | 5,385 | N/A | 7,628 | N/A |
| 11/3/2013 | 79,362 | 5,393 | N/A | 7,572 | N/A |
| 8/4/2013 | 78,022 | 4,989 | N/A | 7,432 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HD's forecast earnings growth (5% per year) is above the savings rate (2.4%).
Earnings vs Market: HD's earnings (5% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: HD's earnings are forecast to grow, but not significantly.
Revenue vs Market: HD's revenue (3.1% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: HD's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HD's Return on Equity is forecast to be very high in 3 years time (230.3%).