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) Net margin
The Home Depot, Inc.'s net margin over the twelve months to 31 July 2026 was 8.41%, down 0.2 percentage points from fiscal 2026 (8.60%). Over the past ten years it has ranged from 7.63% (fiscal 2015) to 10.9% (fiscal 2023); the current reading is higher than 42% of that period. That is above the Home Improvement Retail industry median of 4.93% and above the Consumer Cyclical sector median of 1.67%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2026 | 8.60% | (0.68) |
| FY2025 | 9.28% | (0.64) |
| FY2024 | 9.92% | (0.95) |
| FY2023 | 10.9% | 0.00 |
| FY2022 | 10.9% | 1.13 |
| FY2021 | 9.74% | (0.46) |
| FY2020 | 10.2% | (0.08) |
| FY2019 | 10.3% | 1.73 |
| FY2018 | 8.55% | 0.14 |
| FY2017 | 8.41% | 0.49 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jul 2026 | 9.96% | 2.08 |
| Apr 2026 | 7.88% | 1.15 |
| Jan 2026 | 6.73% | (1.98) |
| Oct 2025 | 8.71% | (1.34) |
| 44 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| HD The Home Depot, Inc. | 8.41% |
| LOW Lowe's Companies, Inc. compare | 7.32% |
| HVT.A Haverty Furniture Companies, Inc. compare | 6.98% |
| FND Floor & Decor Holdings, Inc. compare | 4.93% |
| HVT Haverty Furniture Companies, Inc. compare | 2.93% |
| LIVE Live Ventures Incorporated compare | −0.59% |
| TTSH Tile Shop Hldgs, Inc. compare | −1.84% |
| Home Improvement Retail industry median | 4.93% |
| Consumer Cyclical sector median | 1.67% |
| Market median | 0.45% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on HD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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