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The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, baths, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company serves consumers, such as do-it-yourself homeowners and do-it-for-me customers; and professional renovators/remodelers, general contractors, small to medium homebuilders, maintenance professionals, handymen, property managers, building service contractors and specialty tradespeople, such as electricians, landscapers, plumbers, painters, pool contractors, and roofers. It sells its products through websites and its mobile applications, including homedepot.com; homedepot.ca and homedepot.com.mx; blinds.com, justblinds.com, and americanblinds.com for custom window coverings; thecompanystore.com, an online site for textiles and décor products; hdsupply.com for maintenance, repair, and operations products and related services; and srsdistribution.com, heritagelandscapesupplygroup.com, and heritagepoolsupplygroup.com for roofing and building materials, landscape, and pool products; and The Home Depot stores. The Home Depot, Inc. was incorporated in 1978 and is headquartered in Atlanta, Georgia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $164.7B | $25.1B | $14.2B | $12.6B | 110.5% | 3.2% | -4.4% |
| 2025 | $159.5B | $25.5B | $14.8B | $16.3B | 223.0% | 4.5% | -2.2% |
| 2024 | $152.7B | $25.1B | $15.1B | $17.9B | 1450.5% | -3.0% | -11.5% |
| 2023 | $157.4B | $27.1B | $17.1B | $11.5B | 1095.1% | - | - |
| 2022 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 157,403 | 152,669 | 159,514 | 164,683 |
| Operating Revenue | - | 157,403 | 152,669 | 159,514 | 164,683 |
| Cost Of Revenue | - | 104,625 | 101,709 | 106,206 | 109,818 |
| Gross Profit | - | 52,778 | 50,960 | 53,308 | 54,865 |
| Operating Expense | - | 28,739 | 29,271 | 31,782 | 33,975 |
| Selling General And Administration | - | 26,284 | 26,598 | 28,748 | 30,702 |
| Total Expenses | - | 133,364 | 130,980 | 137,988 | 143,793 |
| Operating Income | - | 24,039 | 21,689 | 21,526 | 20,890 |
| Total Operating Income As Reported | - | 24,039 | 21,689 | 21,526 | 20,890 |
| EBITDA | - | 27,069 | 25,114 | 25,488 | 25,135 |
| Normalized EBITDA | - | 27,069 | 25,114 | 25,488 | 25,135 |
| EBIT | - | 24,094 | 21,867 | 21,727 | 21,014 |
| Interest Income | - | 55 | 178 | 201 | 124 |
| Interest Expense | - | 1,617 | 1,943 | 2,321 | 2,412 |
| Net Interest Income | - | -1,562 | -1,765 | -2,120 | -2,288 |
| Other Non Operating Income Expenses | -35 | 1 | -1 | - | - |
| Other Income Expense | -35 | 1 | -1 | - | - |
| Interest Income Non Operating | - | 55 | 178 | 201 | 124 |
| Interest Expense Non Operating | - | 1,617 | 1,943 | 2,321 | 2,412 |
| Net Non Operating Interest Income Expense | - | -1,562 | -1,765 | -2,120 | -2,288 |
| Pretax Income | - | 22,477 | 19,924 | 19,406 | 18,602 |
| Tax Provision | - | 5,372 | 4,781 | 4,600 | 4,446 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 17,105 | 15,143 | 14,806 | 14,156 |
| Net Income From Continuing And Discontinued Operation | - | 17,105 | 15,143 | 14,806 | 14,156 |
| Net Income From Continuing Operation Net Minority Interest | - | 17,105 | 15,143 | 14,806 | 14,156 |
| Net Income | - | 17,105 | 15,143 | 14,806 | 14,156 |
| Net Income Common Stockholders | - | 17,105 | 15,143 | 14,806 | 14,156 |
| Net Income Including Noncontrolling Interests | - | 17,105 | 15,143 | 14,806 | 14,156 |
| Normalized Income | - | 17,105 | 15,143 | 14,806 | 14,156 |
| Diluted NI Availto Com Stockholders | - | 17,105 | 15,143 | 14,806 | 14,156 |
| Basic Average Shares | - | 1,022 | 999 | 990 | 993 |
| Diluted Average Shares | - | 1,025 | 1,002 | 993 | 995 |
| Reconciled Depreciation | - | 2,975 | 3,247 | 3,761 | 4,121 |
| Reconciled Cost Of Revenue | - | 104,105 | 101,135 | 105,479 | 108,970 |
| Depreciation Amortization Depletion Income Statement | - | 2,455 | 2,673 | 3,034 | 3,273 |
| Depreciation And Amortization In Income Statement | - | 2,455 | 2,673 | 3,034 | 3,273 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Home Depot, Inc.this co. | HD | $309.1B | 21.83↓ discount | 24.12 | 110.5% | 14.84 |
| McDonald's Corporation | MCD | $193.8B | 22.63 | - | -478.4% | 16.88 |
| The TJX Companies, Inc. | TJX | $175.2B | 31.90 | 17.20 | 53.9% | 21.17 |
| Booking Holdings Inc. | BKNG | $129.8B | 24.02 | -23.27 | -96.9% | 14.31 |
| PDD Holdings Inc. | PDD | $122.2B |
| - |
| - |
| - |
| - |
| - |
| 1.25 |
| 0.30 |
| 23.7% |
| -2.41 |
| Lowe's Companies, Inc. | LOW | $116.4B | 17.49 | -11.73 | -67.1% | 12.84 |
| Starbucks Corporation | SBUX | $107.3B | 57.80 | -13.25 | -22.9% | 27.10 |
| Marriott International, Inc. | MAR | $101.6B | 39.06 | -26.94 | -69.0% | 24.64 |
| MercadoLibre, Inc. | MELI | $82.9B | 41.50 | 12.28 | 29.6% | 23.72 |
| Peer Median | - | 27.96 | -11.73 | -45.0% | 19.03 | |