Home Depot
American chain of more than 2,000 warehouse stores selling tools and building supplies, the largest home-improvement retailer in the world.
18 figures on Home Depot, drawn from 2 Modern MBA case studies.
The figures
Percentages18
| Against its own chart | |||
|---|---|---|---|
| Cost of merchandise as a share of revenue, ten-year average | 66% | 9th of 10 · top 87% | Why self-checkout didn't replace cashiers |
| Cost of merchandise against labor and rent, as a share of revenue, ten-year average · Cost of merchandise | 66% | 7th of 7 · top 87% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's labor costs as a share of revenue · 2013 | 23% | 1st of 7 · top 23% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's labor costs as a share of revenue · 2019 | 23% | 1st of 7 · top 23% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's labor costs as a share of revenue · 2015 | 22% | 3rd of 7 · top 23% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's labor costs as a share of revenue · 2017 nationwide | 22% | 3rd of 7 · top 23% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's labor costs as a share of revenue · 2021 | 20% | 5th of 7 · top 23% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's labor costs as a share of revenue · 2023 | 20% | 5th of 7 · top 23% | Why self-checkout didn't replace cashiers |
| Cost of merchandise against labor and rent, as a share of revenue, ten-year average · Labor & rent | 18% | 5th of 7 · top 26% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's labor costs as a share of revenue · 2024 | 17% | 7th of 7 · top 23% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's operating margin · 2022 | 15.3% | 1st of 7 · top 15.3% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's operating margin · 2021 | 15.2% | 2nd of 7 · top 15.3% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's operating margin · 2017 nationwide | 14.5% | 3rd of 7 · top 15.3% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's operating margin · 2019 | 14.4% | 4th of 7 · top 15.3% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's operating margin · 2023 | 14.2% | 5th of 7 · top 15.3% | Why self-checkout didn't replace cashiers |
| Annual operating margin, 2024 | 14% | 3rd of 12 · top 25% | Why marijuana legalization never paid off |
| Home Depot and Lowe's operating margin · 2015 | 13.3% | 6th of 7 · top 15.3% | Why self-checkout didn't replace cashiers |
| Home Depot and Lowe's operating margin · 2013 | 11.6% | 7th of 7 · top 15.3% | Why self-checkout didn't replace cashiers |
Case studies covering Home Depot
Case study — Retail & brandsWhy self-checkout didn't replace cashiersAmazon's cashierless store was a thousand people in India watching cameras. Every retailer copied it anyway.15 min read
Case study — Retail & brandsWhy marijuana legalization never paid offEvery public cannabis company loses money. Three self-funded LA shops do not. Being unable to lose money is the advantage.15 min readNew episodes
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