Discontinued — last reported Q4 '23

Products & Services · Net Sales

Tools — Net Sales

Home Depot Tools — Net Sales remained flat by 0.0% to $3.04B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $3.09B to $3.04B. Over 2 years (FY 2022 to FY 2024), Tools — Net Sales shows relatively stable performance with a 0.7% 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 growing demand or successful product merchandising within the tools category, while a decrease may signal softening consumer interest or competitive pressure.

Detailed definition

This metric represents the total revenue generated from the sale of tools and related equipment within a specific produc...

Peer comparison

Comparable to revenue metrics for specific product divisions or hardware categories at other large-scale home improvement or general retail competitors.

Metric ID: hd_segment_tools_net_sales

Historical Data

3 years
 FY'22FY'23FY'24
Value$11.99B$12.38B$12.17B
YoY Change+3.2%-1.7%
Range$11.99B$12.38B
CAGR+0.7%
Avg YoY Growth+0.7%
Median YoY Growth+0.7%

Frequently Asked Questions

What is Home Depot's tools — net sales?
Home Depot (HD) reported tools — net sales of $3.04B in Q4 2023.
How has Home Depot's tools — net sales changed year-over-year?
Home Depot's tools — net sales decreased by 1.7% year-over-year, from $3.09B to $3.04B.
What is the long-term trend for Home Depot's tools — net sales?
Over 2 years (2022 to 2024), Home Depot's tools — net sales has grown at a 0.7% compound annual growth rate (CAGR), from $11.99B to $12.17B.
What does tools — net sales mean?
The total revenue earned from selling tools and equipment within this specific business segment.