The Home Depot (HD) Interest Expense : $-2,196 Mil (TTM As of Oct. 2024)

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What is The Home Depot Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Home Depot's interest expense for the three months ended in Oct. 2024 was $ -625 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was $-2,196 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. The Home Depot's Operating Income for the three months ended in Oct. 2024 was $ 5,418 Mil. The Home Depot's Interest Expense for the three months ended in Oct. 2024 was $ -625 Mil. The Home Depot's Interest Coverage for the quarter that ended in Oct. 2024 was 8.67. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

The Home Depot Interest Expense Historical Data

The historical data trend for The Home Depot's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Home Depot Interest Expense Chart

The Home Depot Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Expense

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-1,201.00

-1,347.00

-1,617.00

-1,943.00

The Home Depot Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Interest Expense	Get a 7-Day Free Trial															-487.00	-513.00	-485.00	-573.00	-625.00

The Home Depot Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,196 Mil.

The Home Depot (NYSE:HD) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

The Home Depot's Interest Expense for the three months ended in Oct. 2024 was $-625 Mil. Its Operating Income for the three months ended in Oct. 2024 was $5,418 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was $57,596 Mil.

The Home Depot's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2024 )	/	Interest Expense (Q: Oct. 2024 )
	=	-1	*	5418	/	-625
	=	8.67

The higher the ratio, the stronger the company's financial strength is.

The Home Depot Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Home Depot Inc (NYSE:HD) » Definitions » Interest Expense

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Traded in Other Exchanges

HD:Mexico 1HD:Italy HDI0:Germany HDI:Germany HDI:Germany HDI:Germany HDI:Germany HD:Canada HOME34:Brazil HD:Austria HD:Argentina

Address

2455 Paces Ferry Road, Atlanta, GA, USA, 30339

Website

https://www.homedepot.com

Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textiles to the lineup, and the recent tie-up with SRS will help grow professional demand in roofing, pool and landscaping projects.

Executives

William D Bastek	officer: EVP, Merchandising	2455 PACES FERRY RD., SE, C-20, ATLANTA GA 30339
Ann Marie Campbell	officer: EVP - U.S. Stores	2455 PACES FERRY ROAD, ATLANTA GA 30339
Timothy A. Hourigan	officer: EVP - Human Resources	2455 PACES FERRY RD, SE, ATLANTA GA 30339
Hector A Padilla	officer: EVP - Outside Sales & Service	2455 PACES FERRY RD., SE, ATLANTA GA 30339
Teresa Wynn Roseborough	officer: EVP, Gen. Counsel & Corp. Sec.	2455 PACES FERRY ROAD NW, C-20, ATLANTA GA 30339
Richard V Mcphail	officer: EVP & CFO	2455 PACES FERRY RD SE, ATLANTA GA 30339
Kimberly R Scardino	officer: SVP-Finance, CAO & Controller	108 WILMOT ROAD, DEERFIELD IL 60015
Fahim Siddiqui	officer: EVP and CIO	2455 PACES FERRY RD., SE, ATLANTA GA 30339
Matt Carey	officer: EVP & CIO	11216 WAPLES MILL ROAD SUITE 100, FAIRFAX VA 22030
Edward P. Decker	officer: EVP, Merchandising	2455 PACES FERRY RD NW, C-20, ATLANTA X1 30339
John A. Deaton	officer: EVP - Supply Chain & Prod. Dev	2455 PACES FERRY RD., SE, ATLANTA GA 30339
Jeffrey G Kinnaird	officer: EVP - Merchandising	2455 PACES FERRY RD., SE, C-20 LEGAL AFFAIRS, ATLANTA GA 30339
Paula Santilli	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Becker Caryn Seidman	director	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Craig A Menear	director, officer: Chairman & CEO	1436 PEACHTREE BATTLE AVENUE, ATLANTA GA 30327