The Home Depot Inc (HD) — Cash Flow Quality Index
The Home Depot Inc (HD) has a Cash Flow Quality Index of 1.11x as of October 2025. Operating cash flow of $4.01 Billion exceeds net income of $3.60 Billion, indicating high earnings quality where cash backs reported profits. Explore HD operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
The Home Depot Inc Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for The Home Depot Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see The Home Depot Inc cash conversion from operations.
Annual Cash Flow Quality Index for The Home Depot Inc (1990–2025)
Year-by-year earnings quality comparison for The Home Depot Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.34x | $19.81 Billion | $14.81 Billion | ▼ -4.3% |
| 2024 | 1.40x | $21.17 Billion | $15.14 Billion | ▲ +63.6% |
| 2023 | 0.85x | $14.62 Billion | $17.11 Billion | ▼ -15.3% |
| 2022 | 1.01x | $16.57 Billion | $16.43 Billion | ▼ -31.1% |
| 2021 | 1.46x | $18.84 Billion | $12.87 Billion | ▲ +20.0% |
| 2020 | 1.22x | $13.72 Billion | $11.24 Billion | ▲ +3.1% |
| 2019 | 1.18x | $13.16 Billion | $11.12 Billion | ▼ -15.1% |
| 2018 | 1.39x | $12.03 Billion | $8.63 Billion | ▲ +13.4% |
| 2017 | 1.23x | $9.78 Billion | $7.96 Billion | ▼ -8.1% |
| 2016 | 1.34x | $9.37 Billion | $7.01 Billion | ▲ +2.9% |
| 2015 | 1.30x | $8.24 Billion | $6.34 Billion | ▼ -8.3% |
| 2014 | 1.42x | $7.63 Billion | $5.38 Billion | ▼ -7.9% |
| 2013 | 1.54x | $6.97 Billion | $4.54 Billion | ▼ -10.2% |
| 2012 | 1.71x | $6.65 Billion | $3.88 Billion | ▲ +24.7% |
| 2011 | 1.37x | $4.58 Billion | $3.34 Billion | ▼ -28.7% |
| 2010 | 1.93x | $5.12 Billion | $2.66 Billion | ▼ -21.3% |
| 2009 | 2.45x | $5.53 Billion | $2.26 Billion | ▲ +87.7% |
| 2008 | 1.30x | $5.73 Billion | $4.39 Billion | ▼ -2.0% |
| 2007 | 1.33x | $7.66 Billion | $5.76 Billion | ▲ +17.3% |
| 2006 | 1.13x | $6.62 Billion | $5.84 Billion | ▼ -14.5% |
| 2005 | 1.33x | $6.63 Billion | $5.00 Billion | ▼ -12.8% |
| 2004 | 1.52x | $6.54 Billion | $4.30 Billion | ▲ +16.0% |
| 2003 | 1.31x | $4.80 Billion | $3.66 Billion | ▼ -33.1% |
| 2002 | 1.96x | $5.96 Billion | $3.04 Billion | ▲ +80.8% |
| 2001 | 1.08x | $2.80 Billion | $2.58 Billion | ▲ +2.7% |
| 2000 | 1.05x | $2.45 Billion | $2.32 Billion | ▼ -11.2% |
| 1999 | 1.19x | $1.92 Billion | $1.61 Billion | ▲ +33.9% |
| 1998 | 0.89x | $1.03 Billion | $1.16 Billion | ▼ -24.4% |
| 1997 | 1.17x | $1.10 Billion | $937.70 Million | ▲ +20.4% |
| 1996 | 0.97x | $713.00 Million | $731.50 Million | ▲ +10.2% |
| 1995 | 0.88x | $534.50 Million | $604.50 Million | ▲ +2.0% |
| 1994 | 0.87x | $396.50 Million | $457.40 Million | ▼ -7.0% |
| 1993 | 0.93x | $338.10 Million | $362.90 Million | ▼ -12.9% |
| 1992 | 1.07x | $266.60 Million | $249.20 Million | ▼ -3.3% |
| 1991 | 1.11x | $180.70 Million | $163.40 Million | ▲ +6.0% |
| 1990 | 1.04x | $116.80 Million | $112.00 Million | — |