The Home Depot Inc (HD) — Cash Flow Quality Index

Latest as of October 2025: 1.11x

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 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.11x
Operating CF / Net Income

Operating Cash Flow

$4.01 Billion
USD

Net Income

$3.60 Billion
USD

Data as of

Oct 2025
Most recent filing

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. Check HD intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for The Home Depot Inc (1990–2025)

Year-by-year earnings quality comparison for The Home Depot Inc. For live market cap and the full company financial profile, see The Home Depot Inc market capitalisation.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.