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The Home Depot: Discussing Their Business Model

The Home Depot has a vast assortment of revenue sources, some of which are online. However, you will find more interaction within a Home Depot location, as the stores are the main source of revenue for the Home Depot, but you will find that they have dipped their fingers into many different paint cans for a colorful array or revenue sources. Let us count the ways:
  1. Vehicle rentals.
  2. Tool rentals.
  3. Online shopping environment.
  4. Hardware and building contracts/contractors.
  5. Warranty sales/Protection Plans.
  6. Delivery Services.
  7. Credit Card options.
Thanks to their > $100 billion year in 2017, they are able to disburse $1.03 per share to all legitimate shareholders in September this year (The Home Depot, 2018) You can tell that they are doing an excellent job reaching their demographics, who happen to be pretty much anyone with a wallet. How is that? You may be asking yourself. Well, look at all of their many different departments and services. You need a washing machine or any other large appliance? They can hook you up. You need some seasonal plants to spruce up (see what I did there....) your yard? They can hook you up. You need paint for inside or outside? They got you covered.... The list goes on and on.

I'm going to put myself out on a limb here and make one tiny suggestion, though. They can almost literally claim to do it all, if they simply add a mobile auto repair service to their long list of services.

Source:

The Home Depot (August 16, 2018) The Home Depot Declares Second Quarter Dividend of $1.03

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