Next I tried to figure out what kind of returns Home Depot delivered for it's shareholders.
Got the data from https://www.macrotrends.net/stocks/charts/HD/home-depot/stock-price-history
Got the data from https://www.macrotrends.net/stocks/charts/HD/home-depot/stock-price-history
And I was blown away by what I saw.
Home Depot's stock price compounded at 54% CAGR for 17 years.
A 1500+ bagger!
₹10 thousand invested in this rocket became ₹1.5 Crores in 17 years, excluding dividends.
Home Depot's stock price compounded at 54% CAGR for 17 years.
A 1500+ bagger!
₹10 thousand invested in this rocket became ₹1.5 Crores in 17 years, excluding dividends.
Next I went to Home Depot's website and found a treasure trove of historical annual reports dating back to 1980 @ https://ir.homedepot.com/financial-reports/annual-reports/archive
And then I collated data from Home Depot's annual reports.
Question: What is peculiar about these numbers?
Question: What is peculiar about these numbers?