The Home Depot, Inc.
HD Consumer Cyclical Home Improvement Retail
The Home Depot, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $164.7 billion, up 3.24% from fiscal 2025. In the quarter to July 2026, revenue grew 5.71%, EPS grew 4.36%, free cash flow grew 21.0% and total debt rose 1.11%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years.
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The Home Depot, Inc. (HD) Gross margin
The Home Depot, Inc.'s gross margin over the twelve months to 31 July 2026 was 33.2%, down 0.1 percentage points from fiscal 2026 (33.3%). Over the past ten years it has ranged from 33.3% (fiscal 2026) to 34.3% (fiscal 2019) — the current reading is the lowest in ten years. That is below the Home Improvement Retail industry median of 44.9% and below the Consumer Cyclical sector median of 35.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 33.3% | (0.10) |
| FY2025 | 33.4% | 0.04 |
| FY2024 | 33.4% | (0.15) |
| FY2023 | 33.5% | (0.10) |
| FY2022 | 33.6% | (0.32) |
| FY2021 | 34.0% | (0.14) |
| FY2020 | 34.1% | (0.25) |
| FY2019 | 34.3% | 0.29 |
| FY2018 | 34.1% | (0.11) |
| FY2017 | 34.2% | (0.03) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jul 2026 | 33.7% | 0.67 |
| Apr 2026 | 33.0% | 0.36 |
| Jan 2026 | 32.6% | (0.77) |
| Oct 2025 | 33.4% | 0.00 |
| 44 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TTSH Tile Shop Hldgs, Inc. compare | 63.0% |
| HVT Haverty Furniture Companies, Inc. compare | 60.9% |
| HVT.A Haverty Furniture Companies, Inc. compare | 59.2% |
| FND Floor & Decor Holdings, Inc. compare | 44.9% |
| HD The Home Depot, Inc. | 33.2% |
| LIVE Live Ventures Incorporated compare | 33.1% |
| LOW Lowe's Companies, Inc. compare | 33.1% |
| Home Improvement Retail industry median | 44.9% |
| Consumer Cyclical sector median | 35.0% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement