SuperworthHome Depot profit margin HD
Gross, operating and net profit as a share of revenue over the last twelve months, from 1995.
- Net margin, 12 months
- 8.4%
- Operating margin, 12 months
- 12.4%
- Net margin on a year earlier
- −0.5 pts
- Peer median
- 11.2%
Over the twelve months to Aug 2, 2026, Home Depot kept 8.4% of its revenue as net profit, with an operating margin of 12.4% and a gross margin of 33.2%.
Five years earlier its net margin was 10.6%.
The median for 10 consumer cyclical stocks of a similar size is 11.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 8.6% | 12.7% | 33.3% |
| FY2024 | 9.3% | 13.5% | 33.4% |
| FY2023 | 9.9% | 14.2% | 33.4% |
| FY2022 | 10.9% | 15.3% | 33.5% |
| FY2021 | 10.9% | 15.2% | 33.6% |
| FY2020 | 9.7% | 13.8% | 34.0% |
| FY2019 | 10.2% | 14.4% | 34.1% |
| FY2018 | 10.3% | 14.4% | 34.3% |
| FY2017 | 8.6% | 14.5% | 34.0% |
| FY2016 | 8.4% | 14.2% | 34.2% |
| FY2015 | 7.9% | 13.3% | 34.2% |
| FY2014 | 7.6% | 12.6% | 34.1% |
| FY2013 | 6.8% | 11.6% | 34.8% |
| FY2012 | 6.1% | 10.4% | 34.6% |
| FY2011 | 5.5% | 9.5% | 34.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 8.4% | −0.5 pts | 12.4% | |
| Q1 FY26 | 8.4% | −0.6 pts | 12.4% | |
| Q4 FY25 | 8.6% | −0.7 pts | 12.7% | |
| Q3 FY25 | 8.8% | −0.7 pts | 13.0% | |
| Q2 FY25 | 8.9% | −0.8 pts | 13.1% | |
| Q1 FY25 | 9.0% | −0.8 pts | 13.2% | |
| Q4 FY24 | 9.3% | −0.6 pts | 13.5% | |
| Q3 FY24 | 9.5% | −0.8 pts | 13.7% | |
| Q2 FY24 | 9.7% | −0.8 pts | 13.9% | |
| Q1 FY24 | 9.8% | −1.0 pts | 14.0% | |
| Q4 FY23 | 9.9% | −0.9 pts | 14.2% | |
| Q3 FY23 | 10.2% | −0.7 pts | 14.5% |
Against its peers
Companies in Consumer Cyclical nearest Home Depot's size, closest first, today.
| Company | Profit margin |
|---|---|
| HDHome Depot | 8.4% |
| MCDMcDonald's | 31.7% |
| TJXTJX Companies | 9.7% |
| BKNGBooking | 25.5% |
| SBUXStarbucks | 5.2% |
| LOWLowe's Companies | 7.3% |
| ABNBAirbnb | 20.4% |
| MARMarriott International | 9.6% |
| MELIMercadoLibre | 5.3% |
| HLTHilton Worldwide | 12.7% |
| RCLRoyal Caribbean Cruises | 23.5% |
| Peer median | 11.2% |
Where Home Depot ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Home Depot
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.