HOME DEPOT, INC.
HD· NYSE· Retail-Lumber & Other Building Materials Dealers
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 7.7%
- ROIC, 5 yr avg
- 38.6%
- Revenue, 5 yr CAGR
- +4.5%
We record prices for the companies we cover; HD is not one of them yet.
Company statistics
Profile · FY2026
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 995.0M
- Revenue
- $164.7B
- Free cash flow
- $12.6B
- Owner earnings
- $12.1B
Valuation · FY2026
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2026
- Gross
- 33.3%
- Operating
- 12.7%
- Net
- 8.6%
- Free cash flow
- 7.7%
- Owner earnings
- 7.4%
- Stock pay
- 0.3%
Returns
- ROIC, FY2026
- 24.4%
- ROIC, 5 yr avg
- 38.6%
- ROE, FY2026
- 110.5%
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 1.5%
- Revenue, 5 yr
- 4.5%
- Revenue, 9 yr
- 6.4%
- Diluted EPS, 3 yr
- -5.2%
- Diluted EPS, 5 yr
- 3.6%
- Diluted EPS, 9 yr
- 9.2%
- Free cash flow, 3 yr
- 3.2%
- Free cash flow, 5 yr
- -5.0%
- Free cash flow, 9 yr
- 5.0%
Financial health · FY2026
- Cash and investments
- $1.4B
- Total debt
- $53.9B
- Net debt
- $52.5B
- Debt/Equity
- 4.2x
- Debt/FCF
- 4.3x
Shareholder returns · FY2026
- Dividend yield
- –
- Payout ratio
- 64.7%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -1.6%
Financials: ten years from the 10-Ks
Revenue
$164.7B
+6.4% a year over 9 years
FY2017FY2026
Margins
Gross33.3%Operating12.7%Net8.6%
FY2026
FY2017FY2026
Free cash flow and owner earnings
Free cash flow$12.6BOwner earnings$12.1B
Free cash flow +5.0% a year
FY2017FY2026
Diluted shares
995.0M
-19.4% over 9 years, net buybacks
FY2017FY2026
Return on invested capital
24.4%
FY2026
FY2017FY2026
Net debt (below zero)
-$52.5B
$52.5B more debt than cash
FY2017FY2026
Every figure, year by year
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $94.6B | $100.9B | $108.2B | $110.2B | $132.1B | $151.2B | $157.4B | $152.7B | $159.5B | $164.7B |
| Revenue growth | 6.9% | 6.7% | 7.2% | 1.9% | 19.9% | 14.4% | 4.1% | -3.0% | 4.5% | 3.2% |
| Gross margin | 34.2% | 34.0% | 34.3% | 34.1% | 34.0% | 33.6% | 33.5% | 33.4% | 33.4% | 33.3% |
| Operating margin | 14.2% | 14.5% | 14.4% | 14.4% | 13.8% | 15.2% | 15.3% | 14.2% | 13.5% | 12.7% |
| Net income | $8.0B | $8.6B | $11.1B | $11.2B | $12.9B | $16.4B | $17.1B | $15.1B | $14.8B | $14.2B |
| Net margin | 8.4% | 8.6% | 10.3% | 10.2% | 9.7% | 10.9% | 10.9% | 9.9% | 9.3% | 8.6% |
| Diluted EPS | $6.45 | $7.29 | $9.73 | $10.25 | $11.94 | $15.53 | $16.69 | $15.11 | $14.91 | $14.23 |
| Return on invested capital? | – | – | – | 48.0% | 45.9% | 52.2% | 45.8% | 41.8% | 29.0% | 24.4% |
| Cash | ||||||||||
| Operating cash flow | $9.8B | $12.0B | $13.2B | $13.7B | $18.8B | $16.6B | $14.6B | $21.2B | $19.8B | $16.3B |
| Capital expenditure | $1.6B | $1.9B | $2.4B | $2.7B | $2.5B | $2.6B | $3.1B | $3.2B | $3.5B | $3.7B |
| Free cash flow | $8.2B | $10.1B | $10.7B | $11.0B | $16.4B | $14.0B | $11.5B | $17.9B | $16.3B | $12.6B |
| Stock-based compensation | $267.0M | $273.0M | $282.0M | $251.0M | $310.0M | $399.0M | $366.0M | $380.0M | $442.0M | $522.0M |
| Owner earnings? | $7.9B | $9.9B | $10.4B | $10.8B | $16.1B | $13.6B | $11.1B | $17.6B | $15.9B | $12.1B |
| Free cash flow per share | $6.61 | $8.56 | $9.38 | $10.04 | $15.19 | $13.24 | $11.22 | $17.91 | $16.44 | $12.71 |
| Capital allocation | ||||||||||
| Dividends paid | $3.4B | $4.2B | $4.7B | $6.0B | $6.5B | $7.0B | $7.8B | $8.4B | $8.9B | $9.2B |
| Share repurchases | $6.9B | $8.0B | $10.0B | $7.0B | $791.0M | $14.8B | $6.7B | $8.0B | $649.0M | $0 |
| Diluted shares | 1.23B | 1.18B | 1.14B | 1.10B | 1.08B | 1.06B | 1.02B | 1.00B | 993.0M | 995.0M |
| Share count change? | -3.8% | -4.1% | -3.5% | -4.0% | -1.7% | -1.9% | -3.1% | -2.2% | -0.9% | 0.2% |
| Balance sheet | ||||||||||
| Cash and equivalents | $2.5B | $3.6B | $1.8B | $2.1B | $7.9B | $2.3B | $2.8B | $3.8B | $1.7B | $1.4B |
| Short-term investments | – | – | – | – | – | – | – | – | – | – |
| Total debt | – | – | – | $30.5B | $34.8B | $37.4B | $41.1B | $42.1B | $51.7B | $53.9B |
| Net debt | – | – | – | $28.3B | $26.9B | $35.1B | $38.4B | $38.4B | $50.0B | $52.5B |
| Shareholders' equity | $4.3B | $1.5B | -$1.9B | -$3.1B | $3.3B | -$1.7B | $1.6B | $1.0B | $6.6B | $12.8B |
Latest filings
| 2026-08-25 | 10-Q | Quarterly report |
| 2026-08-18 | 8-K | Earnings release |
| 2026-05-27 | 10-Q | Quarterly report |
| 2026-05-19 | 8-K | Earnings release |
| 2026-04-07 | DEF 14A | Proxy statement |
| 2026-03-18 | 10-K | Annual report |
| 2026-02-24 | 8-K | Earnings release |
| 2025-11-25 | 10-Q | Quarterly report |
| 2025-11-18 | 8-K | Earnings release |
| 2025-08-26 | 10-Q | Quarterly report |
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