Discontinued — last reported Q4 '23

Products & Services · Net Sales

Hardware — Net Sales

Home Depot Hardware — Net Sales remained flat by 0.0% to $2.04B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.5%, from $2.03B to $2.04B. Over 2 years (FY 2022 to FY 2024), Hardware — Net Sales shows relatively stable performance with a 1.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2023
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher consumer demand or successful merchandising of hardware products, while a decrease may signal softening market interest or competitive pressure in this category.

Detailed definition

This metric represents the total revenue generated from the sale of hardware products within a specific business segment...

Peer comparison

Peers in the home improvement or general retail sector typically report this as a sub-category of total net sales, often categorized under 'Tools' or 'Hardware' departments.

Metric ID: hd_segment_hardware_net_sales

Historical Data

3 years
 FY'22FY'23FY'24
Value$7.87B$8.10B$8.15B
YoY Change+2.9%+0.5%
Range$7.87B$8.15B
CAGR+1.7%
Avg YoY Growth+1.7%
Median YoY Growth+1.7%
Current Streak2+ years growth

Frequently Asked Questions

What is Home Depot's hardware — net sales?
Home Depot (HD) reported hardware — net sales of $2.04B in Q4 2023.
How has Home Depot's hardware — net sales changed year-over-year?
Home Depot's hardware — net sales increased by 0.5% year-over-year, from $2.03B to $2.04B.
What is the long-term trend for Home Depot's hardware — net sales?
Over 2 years (2022 to 2024), Home Depot's hardware — net sales has grown at a 1.7% compound annual growth rate (CAGR), from $7.87B to $8.15B.
What does hardware — net sales mean?
The total revenue earned from selling hardware products.