Home Depot
HD NYSE· Home Improvement Retail
Last close · Oct 26, 2026
$319.38
KIRA · Stoqly’s AI analyst, in plain words
- Home Depot had $164.7B of revenue in fiscal 2025, up 3.2% on the year before. Over five years, revenue changed +4.5% a year on average.
- Its operating margin was 12.7%, down 0.8 pts: of every 100 in sales, about 13 is left after running the business.
- Home Depot made $14.2B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 9.2% a year.
- Free cash flow was $12.6B in fiscal 2025, 7.7% of revenue.
- Home Depot returned $9.2B to shareholders in fiscal 2025, 72% of free cash flow. The diluted share count rose 0.2%.
- Home Depot owes $55.4B more than it holds in cash, about 2.3 years of operating profit.
Market cap
$318.1B
P/E
22.3x
Revenue
$164.7B
Net income
$14.2B
Free cash flow
$12.6B
Operating margin
12.7%
Home Depot in 30 seconds · fiscal 2025
Are sales growing?
+3.2%
Only a little. Sales grew 3.2% last year.
Does it make a profit?
8.6%
A little. It keeps 8.6% of every sale as profit.
Does profit turn into cash?
7.7%
Partly. 7.7% of sales ends up as free cash.
Is debt under control?
2.3x
Keep an eye on it. Repaying its debt would take 2.3 years of operating profit.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
22.3x
One share costs 22.3 times its yearly profit per share. Typical for its sector: 17.7x.
What Home Depot does
Home Depot sells home improvement products, building materials, lawn and garden products, décor and maintenance, repair and operations (MRO) supplies, in stores and online. It also offers installation services and tool and equipment rental. At the end of fiscal 2025 it operated 2,359 stores in the U.S. (including Puerto Rico, the U.S. Virgin Islands and Guam), Canada and Mexico. A typical store stocks approximately 30,000 to 40,000 items during the year, including its own brands such as Husky, Hampton Bay and Glacier Bay. Its customers are consumers, both do-it-yourself homeowners and homeowners who hire someone to do the work, and professionals such as contractors, remodelers, tradespeople and property managers. Online sales, from its websites and apps, were 15.9% of net sales in fiscal 2025. It reports the U.S., Canada and Mexico together as one segment. It also owns SRS, bought in fiscal 2024, which distributes roofing, landscape and pool supplies to specialty trade professionals.
Biggest risks, in its own words
- Weak or uncertain housing and home improvement markets that cut demand for its products and services.
- Strong competition in a fragmented industry that could lower its prices, demand and market share.
- Disruptions in its supply chain that affect the availability and delivery of its merchandise.
- Acquisitions and other strategic deals that may not bring the benefits it expects.
- Fiscal year ends
- February 1, 2026
- Latest annual report
- 10-K · Mar 18, 2026
- Legal name
- The Home Depot, Inc.
- CIK
- 0000354950
Home Depot · HD
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $151.2B | $157.4B | $152.7B | $159.5B | $164.7B |
| Revenue growth | 14.4% | 4.1% | −3.0% | 4.5% | 3.2% |
| Gross margin | 33.6% | 33.5% | 33.4% | 33.4% | 33.3% |
| Operating margin | 15.2% | 15.3% | 14.2% | 13.5% | 12.7% |
| Net income | $16.4B | $17.1B | $15.1B | $14.8B | $14.2B |
| Net margin | 10.9% | 10.9% | 9.9% | 9.3% | 8.6% |
| Diluted EPS | $15.53 | $16.69 | $15.11 | $14.91 | $14.23 |
| Cash | |||||
| Cash from operations | $16.6B | $14.6B | $21.2B | $19.8B | $16.3B |
| Capital expenditure | $2.6B | $3.1B | $3.2B | $3.5B | $3.7B |
| Free cash flow | $14.0B | $11.5B | $17.9B | $16.3B | $12.6B |
| FCF margin | 9.3% | 7.3% | 11.8% | 10.2% | 7.7% |
| Dividends paid | $7.0B | $7.8B | $8.4B | $8.9B | $9.2B |
| Share buybacks | $14.8B | $6.7B | $8.0B | $649M | $0.0M |
| Share count change | −1.9% | −3.1% | −2.2% | −0.9% | 0.2% |
| Debt and strength | |||||
| Cash and short-term investments | $2.3B | $2.8B | $3.8B | $1.7B | $1.4B |
| Debt incl. finance leases | $40.7B | $44.4B | $45.4B | $54.7B | $56.8B |
| Shareholders' equity | −$1.7B | $1.6B | $1.0B | $6.6B | $12.8B |
| Net debt / EBITDA | 1.5x | 1.6x | 1.7x | 2.1x | 2.3x |
| Current ratio | 1.0x | 1.4x | 1.4x | 1.1x | 1.1x |
| Interest coverage | 17.1x | 14.9x | 11.2x | 9.3x | 8.7x |
| Returns and quality | |||||
| Return on capital | 50.1% | 45.8% | 38.4% | 32.1% | 24.9% |
| Return on equity | — | — | — | — | 145.5% |
| Piotroski F-score | 5 | 6 | 5 | 6 | 4 |
| Altman Z'' | 5.2 | 6.2 | 6.2 | 4.8 | 4.5 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$6.7M
7 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Home Depot · HD
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Home Depot HD | $318.1B | 3.2% | 12.7% | 7.7% | 24.9% | 22.3x | 4 |
| Lowe's LOW | $111.0B | 3.1% | 11.8% | 8.9% | 31.9% | 16.8x | 6 |
| Floor & Decor FND | $5.1B | 5.1% | 5.8% | 1.4% | 9.3% | 22.0x | 6 |
| General Motors GM | $67.7B | −1.3% | 1.6% | 9.5% | 1.5% | 16.6x | 6 |
| Ford F | $47.1B | 1.2% | −4.9% | 6.7% | — | — | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $319.38 a share, the company is worth $318.1B: 22.3 times its earnings of the last four quarters.
Home Depot grew sales faster than 3 of its 4 similar companies. Its P/E is higher than 3 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000354950). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.