HD · Home Depot, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $41.77B | $41.35B | $45.28B | $39.86B | $40.22B | $43.17B | $36.42B | $37.71B | $42.92B | $37.26B |
| Cost of Revenue | $27.98B | $27.54B | $30.15B | $26.40B | $26.79B | $28.76B | $23.98B | $24.97B | $28.76B | $24.70B |
| Gross Profit | $13.78B | $13.81B | $15.13B | $13.46B | $13.43B | $14.42B | $12.43B | $12.74B | $14.16B | $12.56B |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $7.96B | $7.64B | $7.76B | $7.53B | $7.21B | $7.14B | $6.67B | $6.65B | $6.92B | $6.36B |
| Total Operating Expenses | $8.80B | $8.46B | $8.57B | $8.33B | $8.01B | $7.88B | $7.35B | $7.33B | $7.57B | $7.01B |
| D&A | $910.00M | $826.00M | $806.00M | $855.00M | $795.00M | $738.00M | $837.00M | $683.00M | $653.00M | $793.00M |
| Operating Income | $4.98B | $5.35B | $6.55B | $5.13B | $5.42B | $6.53B | $5.08B | $5.41B | $6.59B | $5.55B |
| Interest Expense | $611.00M | $628.00M | $575.00M | $615.00M | $487.00M | $573.00M | $485.00M | $487.00M | $469.00M | $474.00M |
| Income Tax | $1.09B | $1.16B | $1.45B | $1.11B | $1.18B | $1.48B | $1.05B | $1.16B | $1.50B | $1.24B |
| Net Income | $3.29B | $3.60B | $4.55B | $3.43B | $3.65B | $4.56B | $3.60B | $3.81B | $4.66B | $3.87B |
| EPS - Basic | $3.31 | $3.63 | $4.59 | $3.46 | $3.68 | $4.61 | $3.64 | $3.83 | $4.66 | $3.83 |
| EPS - Diluted | $3.30 | $3.62 | $4.58 | $3.45 | $3.67 | $4.60 | $3.63 | $3.81 | $4.65 | $3.82 |
Balance Sheet
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.60B | $1.68B | $2.80B | $1.37B | $1.53B | $1.61B | $4.26B | $2.06B | $2.81B | $1.26B |
| Accounts Receivable | $6.62B | $6.76B | $5.88B | $5.89B | $5.78B | $5.50B | $4.11B | $3.93B | $3.84B | $4.21B |
| Inventory | $27.28B | $26.20B | $24.84B | $25.76B | $23.90B | $23.06B | $22.42B | $22.80B | $23.27B | $25.37B |
| Accounts Payable | $14.37B | $13.24B | $13.09B | $14.70B | $13.51B | $13.21B | $12.56B | $11.48B | $12.10B | $12.63B |
| Current Assets | $37.17B | $36.12B | $35.39B | $34.53B | $32.95B | $32.27B | $32.62B | $30.68B | $31.83B | $32.42B |
| Total Assets | $107.90B | $106.27B | $100.05B | $99.16B | $97.26B | $96.85B | $79.23B | $75.58B | $76.39B | $76.39B |
| Current Liabilities | $35.58B | $34.37B | $30.85B | $31.59B | $29.09B | $28.12B | $24.36B | $23.57B | $24.23B | $25.45B |
| Long-term Debt | $49.40B | - | - | $51.37B | - | - | $42.15B | - | - | $41.15B |
| Total Liabilities | $94.03B | $94.16B | $89.38B | $91.20B | $91.48B | $92.43B | $77.41B | $74.15B | $75.05B | $76.02B |
| Stockholders' Equity | $13.87B | $12.12B | $10.66B | $7.96B | $5.79B | $4.42B | $1.82B | $1.43B | $1.33B | $362.00M |
| Retained Earnings | $95.51B | $94.25B | $92.94B | $90.68B | $88.77B | $87.36B | $85.03B | $82.93B | $81.21B | $78.65B |
Cash Flow
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.03B | - | - | $4.33B | - | - | $5.50B | - | - | $5.61B |
| Investing Cash Flow | ($1.11B) | - | - | ($931.00M) | - | - | ($830.00M) | - | - | ($903.00M) |
| Financing Cash Flow | ($4.71B) | - | - | ($3.76B) | - | - | ($4.15B) | - | - | ($6.19B) |
| CapEx | $844.00M | - | - | $806.00M | - | - | $847.00M | - | - | $905.00M |
| Free Cash Flow | $5.19B | - | - | $3.52B | - | - | $4.65B | - | - | $4.71B |
Ratios
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 33.0% | 33.4% | 33.4% | 33.8% | 33.4% | 33.4% | 34.1% | 33.8% | 33.0% | 33.7% |
| Operating margin | 11.9% | 12.9% | 14.5% | 12.9% | 13.5% | 15.1% | 13.9% | 14.3% | 15.4% | 14.9% |
| EBITDA margin | 14.1% | 14.9% | 16.3% | 15.0% | 15.4% | 16.8% | 16.2% | 16.1% | 16.9% | 17.0% |
| Net margin | 7.9% | 8.7% | 10.1% | 8.6% | 9.1% | 10.6% | 9.9% | 10.1% | 10.9% | 10.4% |
| Free cash flow margin | 12.4% | - | - | 8.8% | - | - | 12.8% | - | - | 12.6% |
| FCF / Net income | 1.58 | - | - | 1.03 | - | - | 1.29 | - | - | 1.22 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 19.1% | 18.5% | 17.1% | 18.9% | 17.9% | 16.5% | 18.3% | 17.6% | 16.1% | 17.1% |
| Effective tax rate | 24.9% | 24.3% | 24.2% | 24.4% | 24.4% | 24.5% | 22.6% | 23.3% | 24.4% | 24.2% |
| Return on assets | 3.0% | 3.4% | 4.5% | 3.5% | 3.8% | 4.7% | 4.5% | 5.0% | 6.1% | 5.1% |
| Return on equity | 23.7% | 29.7% | 42.7% | 43.2% | 63.0% | 103.2% | 197.8% | 266.4% | 349.0% | 1069.9% |
| Return on invested capital | 5.9% | - | - | 6.5% | - | - | 8.9% | - | - | 10.1% |
| Liquidity | ||||||||||
| Current ratio | 1.04 | 1.05 | 1.15 | 1.09 | 1.13 | 1.15 | 1.34 | 1.30 | 1.31 | 1.27 |
| Quick ratio | 0.28 | 0.29 | 0.34 | 0.28 | 0.31 | 0.33 | 0.42 | 0.33 | 0.35 | 0.28 |
| Cash ratio | 0.04 | 0.05 | 0.09 | 0.04 | 0.05 | 0.06 | 0.18 | 0.09 | 0.12 | 0.05 |
| Leverage | ||||||||||
| Debt / Equity | 3.56 | - | - | 6.46 | - | - | 23.16 | - | - | 113.67 |
| Debt / Assets | 0.46 | - | - | 0.52 | - | - | 0.53 | - | - | 0.54 |
| Debt / EBITDA | 8.39 | - | - | 8.58 | - | - | 7.12 | - | - | 6.49 |
| Interest coverage | 8.2x | 8.5x | 11.4x | 8.3x | 11.1x | 11.4x | 10.5x | 11.1x | 14.0x | 11.7x |
| Equity multiplier | 7.78 | 8.77 | 9.38 | 12.46 | 16.81 | 21.91 | 43.53 | 52.85 | 57.22 | 211.01 |
| Liabilities / Assets | 0.87 | 0.89 | 0.89 | 0.92 | 0.94 | 0.95 | 0.98 | 0.98 | 0.98 | 1.00 |
| Efficiency | ||||||||||
| Asset turnover | 0.39 | 0.39 | 0.45 | 0.40 | 0.41 | 0.45 | 0.46 | 0.50 | 0.56 | 0.49 |
| Inventory turnover | 1.03 | 1.05 | 1.21 | 1.02 | 1.12 | 1.25 | 1.07 | 1.10 | 1.24 | 0.97 |
| Days sales outstanding | 58d | 60d | 47d | 54d | 52d | 47d | 41d | 38d | 33d | 41d |
| Days inventory outstanding | 356d | 347d | 301d | 356d | 326d | 293d | 341d | 333d | 295d | 375d |
| Days payable outstanding | 187d | 175d | 158d | 203d | 184d | 168d | 191d | 168d | 154d | 187d |
| Cash conversion cycle | 226d | 232d | 190d | 207d | 194d | 172d | 191d | 204d | 174d | 230d |
| Valuation | ||||||||||
| P / E | 98.1x | 104.9x | 81.6x | 105.7x | 108.7x | 78.2x | 92.3x | 72.6x | 71.3x | 78.7x |
| P / B | 23.3x | 31.2x | 34.8x | 45.5x | 68.5x | 80.7x | 182.6x | 193.1x | 249.0x | 841.0x |
| P / S | 7.7x | 9.1x | 8.2x | 9.1x | 9.8x | 8.3x | 9.1x | 7.3x | 7.7x | 8.2x |
| EV / EBITDA | 62.9x | 60.9x | 50.1x | 68.9x | 63.5x | 48.8x | 62.6x | 45.0x | 45.5x | 54.3x |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.8% | 2.8% | 4.9% | 9.4% | 6.6% | 0.6% | -2.3% | -3.0% | -2.0% | -4.2% |
| Revenue CAGR (3y) | 3.9% | 2.1% | 1.1% | 0.8% | 3.0% | 1.6% | -1.0% | 4.0% | 4.1% | 9.7% |
| Revenue CAGR (5y) | 2.2% | 4.3% | 3.5% | 7.1% | 8.1% | 7.0% | 6.7% | 7.5% | 7.1% | 8.4% |
| Gross profit growth (YoY) | 2.4% | 2.9% | 4.9% | 8.3% | 5.4% | 1.8% | -1.0% | -3.7% | -2.3% | -4.5% |
| Operating income growth (YoY) | -3.0% | -1.2% | 0.3% | 1.1% | 0.2% | -0.8% | -8.5% | -12.1% | -8.6% | -6.4% |
| Net income growth (YoY) | -4.2% | -1.3% | -0.2% | -4.6% | -4.3% | -2.1% | -7.0% | -12.2% | -9.9% | -8.5% |
| EPS growth (YoY) | -4.3% | -1.4% | -0.4% | -5.0% | -3.7% | -1.1% | -5.0% | -10.1% | -7.9% | -6.6% |
| EPS CAGR (3y) | -4.8% | -5.1% | -3.2% | -5.5% | -2.2% | 0.5% | -2.0% | 6.2% | 5.0% | 22.5% |
| EPS CAGR (5y) | -3.1% | 2.6% | 2.6% | 10.6% | 7.7% | 7.7% | 9.8% | 8.7% | 8.8% | 12.9% |
| FCF growth (YoY) | 47.4% | - | - | -24.3% | - | - | -1.3% | - | - | 52.6% |
| FCF CAGR (5y) | -2.2% | - | - | -7.3% | - | - | 3.6% | - | - | 6.6% |
| Book value growth (YoY) | 74.4% | 109.4% | 141.3% | 337.1% | 304.6% | 231.1% | 402.8% | 10.2% | 463.3% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-02-01.
Business segments
$164.68B totalPrimary Segment$151.97B · 92.3%
All Other Segments$12.72B · 7.7%
Product / service
$468.62B totalProduct$159.03B · 33.9%
Major Product Line Building Materials$52.44B · 11.2%
Major Product Line Dcor$51.68B · 11.0%
Major Product Line Hardlines$47.85B · 10.2%
Appliances$13.99B · 3.0%
Power$13.17B · 2.8%
Plumbing$12.48B · 2.7%
Building Materials$12.38B · 2.6%
Lumber$11.39B · 2.4%
Paint$10.98B · 2.3%
Outdoor Garden$10.47B · 2.2%
Indoor Garden$10.18B · 2.2%
Hardware$8.98B · 1.9%
Flooring$8.23B · 1.8%
Millwork$8.19B · 1.7%
Electrical$8.01B · 1.7%
Kitchen And Blinds$7.98B · 1.7%
Bath$6.50B · 1.4%
Service$5.65B · 1.2%
Storage Organization$5.05B · 1.1%
Lighting$4.01B · 0.9%
Geographic
$164.68B totalUS$152.17B · 92.4%
Non Us$12.51B · 7.6%
Peer comparison
Same SIC group: Retail-Lumber & Other Building Materials Dealers
Comparing HOME DEPOT against the 5 most active filers in the same SIC group.
Dividends
$9.23/share trailing 12 months · +35.7% YoY
| Ex-date | Per share |
|---|---|
| Mar 12, 2026 | $2.3300 |
| Dec 4, 2025 | $2.3000 |
| Sep 4, 2025 | $2.3000 |
| Jun 5, 2025 | $2.3000 |
| Mar 13, 2025 | $2.3000 |
| Nov 27, 2024 | $2.2500 |
| Aug 29, 2024 | $2.2500 |
| May 30, 2024 | $2.2500 |
| Mar 6, 2024 | $2.2500 |
| Nov 29, 2023 | $2.0900 |
| Aug 30, 2023 | $2.0900 |
| May 31, 2023 | $2.0900 |
| Mar 8, 2023 | $2.0900 |
| Nov 30, 2022 | $1.9000 |
| Aug 31, 2022 | $1.9000 |
| Jun 1, 2022 | $1.9000 |
| Mar 9, 2022 | $1.9000 |
| Dec 1, 2021 | $1.6500 |
| Sep 1, 2021 | $1.6500 |
| Jun 2, 2021 | $1.6500 |
| Mar 10, 2021 | $1.6500 |
| Dec 2, 2020 | $1.5000 |
| Sep 2, 2020 | $1.5000 |
| Jun 3, 2020 | $1.5000 |