Home Depot HD
- Market cap
- $319.1B
- PE
- 22.4×
- 10y median 23.3×
- Forward PE
- 20.8×
- 10y median 20.8×
- Price to sales
- 1.9×
- EV/EBIT
- 17.6×
- Revenue, 12 months
- $169.2B
- +2% on a year ago
- Net margin
- 8.4%
- Free cash flow yield
- 4.7%
Home Depot trades at 22.4× trailing earnings, near its ten-year median. Revenue was $169.2B over the last twelve months, up 2% on a year earlier with a 8% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $37.7B−3% | $34.8B−3% | $36.4B−2% | $43.2B+1% | $40.2B+7% | $39.7B+14% | $39.9B+9% | $45.3B+5% | $41.4B+3% | $38.2B−4% | $41.8B+5% | $47.9B+6% | |
| Cost of revenue | $25B−3% | $23.3B−3% | $24B−3% | $28.8B+0% | $26.8B+7% | $26.7B+15% | $26.4B+10% | $30.2B+5% | $27.5B+3% | $25.7B−4% | $28B+6% | $31.7B+5% |
| Gross profit | $12.7B−4% | $11.5B−4% | $12.4B−1% | $14.4B+2% | $13.4B+5% | $13B+13% | $13.5B+8% | $15.1B+5% | $13.8B+3% | $12.5B−4% | $13.8B+2% | $16.1B+7% |
| SG&A | $6.6B+3% | $6.7B+2% | $6.7B+5% | $7.1B+3% | $7.2B+9% | $7.7B+16% | $7.5B+13% | $7.8B+9% | $7.6B+6% | $7.8B+1% | $8B+6% | $8.4B+9% |
| $5.4B−12% | $4.1B−13% | $5.1B−9% | $6.5B−1% | $5.4B+0% | $4.5B+9% | $5.1B+1% | $6.6B+0% | $5.4B−1% | $3.8B−14% | $5B−3% | $6.8B+4% | |
| Interest expense | $487M+18% | $513M+14% | $485M+2% | $573M+22% | $625M+28% | $638M+24% | $615M+27% | $575M+0% | $628M+1% | $594M−7% | $611M−1% | $583M+1% |
| Pre-tax income | $5B−14% | $3.7B−15% | $4.7B−9% | $6B−2% | $4.8B−3% | $3.9B+6% | $4.5B−2% | $6B−1% | $4.8B−1% | $3.3B−15% | $4.4B−4% | $6.3B+5% |
| $1.2B−18% | $884M−10% | $1.1B−15% | $1.5B−1% | $1.2B+2% | $890M+1% | $1.1B+6% | $1.5B−2% | $1.2B−2% | $727M−18% | $1.1B−2% | $1.5B+7% | |
| Net income | $3.8B−12% | $2.8B−17% | $3.6B−7% | $4.6B−2% | $3.6B−4% | $3B+7% | $3.4B−5% | $4.6B−0% | $3.6B−1% | $2.6B−14% | $3.3B−4% | $4.8B+5% |
| $3.81−10% | $2.82−15% | $3.63−5% | $4.60−1% | $3.67−4% | $3.02+7% | $3.45−5% | $4.58−0% | $3.62−1% | $2.58−15% | $3.30−4% | $4.79+5% | |
| 999M−2% | 994M−2% | 992M−2% | 992M−1% | 993M−1% | 994M+0% | 994M+0% | 994M+0% | 995M+0% | 995M+0% | 996M+0% | 996M+0% |
Net income: 7 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: 9 periods, Q4 FY99 to Q4 FY11: quarter's net income to common over its shares, to the cent. 7 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: 19 periods, Q4 FY99 to Q4 FY19: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY08: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 7 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $42.8B | $42.2B to $43.1B | $3.84 | $3.72 to $3.95 | 20 |
| Q4 FY26 | $39.2B | $38.7B to $39.6B | $2.83 | $2.73 to $2.91 | 20 |
| Q1 FY27 | $43.1B | $42.5B to $43.8B | $3.72 | $3.65 to $3.79 | 9 |
| Q2 FY27 | $49.4B | $48.7B to $50.1B | $5.03 | $4.94 to $5.13 | 9 |
| Q3 FY27 | $44.3B | $43.6B to $44.9B | $4.20 | $4.12 to $4.28 | 9 |
| Q4 FY27 | $40.6B | $40B to $41.2B | $3.08 | $3.02 to $3.14 | 10 |
| Q1 FY28 | $45B | $44.3B to $45.6B | $4.05 | $3.97 to $4.13 | 10 |
| Q2 FY28 | $51.7B | $51B to $52.5B | $5.47 | $5.36 to $5.57 | 10 |
Peers
Companies in Consumer Cyclical nearest Home Depot's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| HDHome Depot | $319.1B | 22.4× | 23.3× | 20.8× | 1.9× | +2% | 8.4% |
| MCDMcDonald's | $175.8B | 20.2× | 26.0× | 18.9× | 6.3× | +6% | 31.7% |
| TJXTJX Companies | $159.6B | 26.8× | 26.1× | 26.8× | 2.6× | +8% | 9.7% |
| BKNGBooking | $117.1B | 17.2× | 32.2× | 14.0× | 4.1× | +13% | 25.5% |
| SBUXStarbucks | $114.9B | 57.9× | 30.3× | 33.8× | 3.0× | +4% | 5.2% |
| LOWLowe's Companies | $111.5B | 16.8× | 21.2× | 15.9× | 1.2× | +8% | 7.3% |
| ABNBAirbnb | $103B | 39.1× | 34.8× | 30.1× | 7.8× | +14% | 20.4% |
| MARMarriott International | $101.9B | 40.5× | 30.8× | 31.9× | 3.8× | +5% | 9.6% |
| MELIMercadoLibre | $91.8B | 49.2× | 74.2× | 41.3× | 2.6× | +46% | 5.3% |
| HLTHilton Worldwide | $78.7B | 51.3× | 36.4× | 36.5× | 6.3× | +9% | 12.7% |
| RCLRoyal Caribbean Cruises | $73.9B | 17.1× | 17.0× | 14.6× | 4.0× | +9% | 23.5% |
| Peer median | $107.2B | 33.0× | 30.5× | 28.5× | 3.9× | +8% | 11.2% |
Investors who own it
Investors we follow who held Home Depot at the end of Jun 30, 2026, from their 13F filings.
- Stephen MandelLone Pine Capital5.6% of portfolionew
- Tom GaynerMarkel Group2.5% of portfolioadded
- Andreas HalvorsenViking Global Investors0.9% of portfolioadded
- Ron BaronBaron Capital0.1% of portfolioadded
- Baillie GiffordBaillie Gifford0.0% of portfoliotrimmed
More on Home Depot
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Chief executive
- Ted Decker, since 2022Joined 2000, CEO since 2022, on temporary medical leave since August 2026. Source
- Industry
- Home Improvement
- Sector
- Consumer Cyclical
Valuation data, not investment advice. Prices as of .