Domestic Sales (Historical)

Returns the revenue from the company's home country market. For US-listed companies, this typically represents United States sales.

Understanding the Metric

Domestic sales indicate:

  • Home market strength
  • US market share (for US companies)
  • Core market revenue
  • Domestic economic exposure

Combined with foreign sales, this shows the geographic revenue split.

Parameters

Parameter Description
Symbol Stock ticker (e.g., AAPL, MSFT)
Year Fiscal year or period code (lq, ly, lq-1, ly-1, lt, lt-1)
Quarter Optional: 1, 2, 3, or 4 (default: 1)
TTM Optional: "TTM" for trailing twelve months

Period Codes

Code Meaning
lq Last reported quarter
lq-1 Quarter before last
ly Last fiscal year
ly-1 Year before last
lt Last trailing twelve months
lt-1 Prior trailing twelve months

Examples

=hf_Domestic_sales("AAPL", 2023, 4)
Q4 2023 US sales
=hf_Domestic_sales("MSFT", "ly")
Last fiscal year
=hf_Domestic_sales("WMT", 2023, , "TTM")
TTM value
=hf_Domestic_sales(A1, B1, C1)
Cell references
=hf_Domestic_sales("HD", "lq")
Last quarter

When to Use

  • Analyzing home market performance
  • Understanding US market reliance
  • Comparing domestic vs international growth
  • Evaluating geographic concentration risk
  • Building revenue breakdown models

When NOT to Use

Scenario Use Instead
Need international sales hf_Foreign_sales()
Need total revenue hf_Revenue()
Need state-level breakdown Not available in standard data
Need real-time sales This is historical data only

Common Issues & FAQ

Q: What's considered "domestic" for a US company? A: For US-listed companies, domestic typically means United States sales. For foreign companies listed in the US (ADRs), domestic refers to their home country.

Q: Why doesn't domestic + foreign = total revenue? A: They should approximately equal total revenue. Differences may arise from unallocated corporate revenue, intercompany eliminations, or different reporting standards.

Q: How do I calculate domestic revenue percentage? A: Domestic % = hf_Domestic_sales() / (hf_Domestic_sales() + hf_Foreign_sales()) * 100. High percentages indicate domestic market dependency.

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MarketXLS Excel Add-in Tutorial - How to Use Domestic Sales (Historical) and Other Financial Formulas
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