Home Depot and the Mathematics of Maintenance
Auditing HD’s 22.1% ROIC against a 4.93% risk-free rate. While operating margins compress to 12.7%, the $10.2B real FCF suggests a buyback machine in transition.
Auditing HD’s 22.1% ROIC against a 4.93% risk-free rate. While operating margins compress to 12.7%, the $10.2B real FCF suggests a buyback machine in transition.