NYSE$HD

Home Depot Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Home Depot's sales and earnings increased, driven by its team's flexibility and agility to respond to elevated home improvement demand.

Home Depot reported strong third-quarter results with a 9.8% increase in sales to $36.8 billion and a 20.3% increase in net earnings to $4.1 billion, or $3.92 per diluted share. Comparable sales increased by 6.1%, and comparable sales in the U.S. increased by 5.5%.

  • Sales for the third quarter of fiscal 2021 were $36.8 billion, an increase of 9.8 percent from the third quarter of fiscal 2020.
  • Comparable sales for the third quarter of fiscal 2021 increased 6.1 percent.
  • Net earnings for the third quarter of fiscal 2021 were $4.1 billion, or $3.92 per diluted share.
  • Diluted earnings per share increased 23.3 percent from the same period in the prior year.

Headline financials

Total Revenue

$36.8B

Previous: $33.5B+9.8%
EPS (adj)

$3.92

Previous: $3.18+23.3%
Customer Transactions

428.2M

Previous: 453.2M-5.5%
Average Ticket

$82.38

Previous: $72.98+12.9%
Retail Stores

2.3K

No prior period
Comparable Sales Growth

6.1%

Previous: 24.1%-74.7%
Free Cash Flow

$4.13B

Previous: $3.43B+20.3%
Net Income

$4.13B

Previous: $3.43B+20.3%
Operating Income

$5.8B

Previous: $4.85B+19.4%
Gross Profit

$12.6B

Previous: $11.5B+9.7%
Cash & Equivalents

$5.07B

Previous: $14.7B-65.4%
Total Assets

$73B

Previous: $66.9B+9.1%
R&D Expense

$0.00

Previous: $0.00

Revenue & EPS history

Home Depot · Revenue · Quarterly

$36.8B

Q3 2021+9.8%vs Q3 2020
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Forward guidance

Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+0.4%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+1.4%

Avg return

30 days after

64%

42 / 66 earnings

Positive

+6.4%

Q3 2021

Best reaction

-5.8%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%
Q4 2025+3.7%+1.0%-12.9%
Q3 2025-5.8%-4.1%-0.8%
Q2 2025+2.7%+4.6%+5.8%
Q1 2025-0.6%-4.4%-8.5%
Q4 2024+2.8%+3.7%-5.1%
Q3 2024+0.5%-0.0%+1.5%
Q3 2023+0.0%+1.9%+9.3%
Q2 2024+2.8%+4.7%+8.3%
Q1 2024+2.3%+1.0%+2.0%
Q1 2023-1.4%+1.8%-2.3%
Q4 2023+0.8%-0.5%+7.7%
Q2 2023+0.9%-0.8%-0.1%
Q4 2022+0.4%+1.3%+2.3%
Q3 2022+2.6%+2.0%+6.7%
Q2 2022+3.5%+2.1%-13.7%
Q1 2022-3.7%-3.0%-7.6%
Q4 2021-4.2%-4.7%-9.0%
Q3 2021+6.4%+10.1%+7.7%
Q2 2021-4.0%-1.7%+0.4%
Q1 2021-1.7%-1.3%-5.3%
Q4 2020+2.5%+4.2%+11.7%
Q3 2020-3.5%-3.5%-2.0%
Q2 2020-1.9%-1.7%-2.9%
Q1 2020-2.9%-1.4%+1.6%
Q4 2019+5.7%+6.2%+14.9%
Q3 2019+2.1%+1.0%+1.1%
Q2 2019+1.5%+4.2%+5.1%
Q1 2019-0.2%-1.0%+8.6%
Q4 2018+1.4%+2.7%+7.6%
Q3 2018-2.5%-2.7%-5.4%
Q2 2018+0.5%+1.7%+6.6%
Q1 2018-1.6%-1.5%+5.5%
Q4 2017-3.5%-1.9%-0.6%
Q3 2017+0.9%+1.1%+10.3%
Q2 2017-0.1%+0.3%+6.7%
Q1 2017-0.6%-0.7%-0.3%
Q4 2016+0.2%-0.1%+1.8%
Q3 2016+2.3%+2.6%+5.6%
Q2 2016-0.2%-0.7%-4.9%
Q1 2016+1.4%+1.9%-2.4%
Q4 2015+0.7%
Q3 2015+1.6%
Q2 2015+3.0%
Q1 2015+1.1%
Q4 2014+0.2%
Q3 2014-0.7%
Q2 2014+1.0%
Q1 2014+0.3%
Q4 2013-0.2%
Q3 2013+0.4%
Q2 2013+1.3%
Q1 2013-0.5%
Q4 2012+0.0%
Q3 2012+1.6%
Q2 2012+0.4%
Q1 2012+1.4%
Q4 2011-0.5%
Q3 2011+5.1%
Q2 2011-3.6%
Q1 2011-2.2%
Q4 2010+2.2%
Q3 2010+5.9%
Q2 2010+4.1%
Q1 2010-5.1%
Q4 2009+1.3%

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