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.

Revenue
+5.71%
EPS
+4.36%
Free cash flow
+21.0%
Total debt
+1.11%

Quarter to July 2026, against a year earlier

349.34 6.10 −1.72%
Market cap
$349.1B
P/E
24.4×
Fwd P/E
22.7×
Dividend yield
2.66%
F-score
4/9
Altman Z
5.92
Beneish M
−2.42
Dividend safety
64/100

The Home Depot, Inc. (HD) Gross margin

Alert me on 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 in line with the Consumer Cyclical sector median of 34.3%.

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

Against its own ten years

Low 33.3% High 34.3%
Ten-year median 34.0%
Current reading's percentile 9

Gross margin against peers

Company Gross margin
TTSH Tile Shop Hldgs, Inc. compare 63.0%
HVT Haverty Furniture Companies, Inc. compare 61.4%
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 34.3%
Market median 45.1%

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

The full definition of Gross margin →

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