Stocktoria

HOME DEPOT, INC. HD

NYSE · stock · Retail-Lumber & Other Building Materials Dealers · website · IPO 1984-04-19

HOME DEPOT, INC. statistics & valuation

Market cap$347.9B
P / E24.6×
P / S2.1×
P / B27.1×
Dividend yield2.63%
Net margin8.6%
Return on equity110.5%
Net debt$48.0B
Net debt / EBITDA2×
Enterprise value USD$395.9B
EV / EBITDA16.2×
Earnings yield EBIT/EV5.3%
Return on capital28.7%
Graham number -81.3%$64.18

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($64.18); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
8.40% 8.60% 10.30% 10.20% 9.70% 10.90% 10.90% 9.90% 9.30% 8.60% 2017201820192020202120222023202420252026
Gross margin (%)
34.20% 34.00% 34.30% 34.10% 34.00% 33.60% 33.50% 33.40% 33.40% 33.30% 2017201820192020202120222023202420252026
Operating margin (%)
14.20% 14.50% 14.40% 14.40% 13.80% 15.20% 15.30% 14.20% 13.50% 12.70% 2017201820192020202120222023202420252026
Return on equity (%)
183.60% 593.50% 390.00% 1095.10% 1450.50% 223.00% 110.50% 2017201820192020202120222023202420252026
Shares outstanding
1.23B 1.18B 1.14B 1.10B 1.08B 1.06B 1.02B 1.00B 994.0M 996.0M 2017201820192020202120222023202420252026
Net debt ($)
$27.37B $26.86B $34.06B $38.39B $38.39B $49.71B $48.01B 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
18.50% 19.40% 25.30% 21.90% 18.20% 22.90% 22.40% 19.80% 15.40% 13.50% 2017201820192020202120222023202420252026
Free cash flow margin (%)
2017201820192020202120222023202420252026
Debt / equity (×)
10.53× 26.34× 40.37× 7.74× 3.86× 2017201820192020202120222023202420252026
EPS ($)
$6.45 $7.29 $9.73 $10.25 $11.94 $15.53 $16.69 $15.11 $14.91 $14.23 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

HOME DEPOT, INC. trades at about 24.1× earnings — near its 10-year norm (10-year range 17.8×–26.8×, median 22.5×).

17.8× 26.8×

Shaded band = 10-year range (17.8×–26.8×); dot = today's 24.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin33.3%33.4%33.4%33.5%33.6%34.0%34.1%34.3%34.0%34.2%
Operating margin12.7%13.5%14.2%15.3%15.2%13.8%14.4%14.4%14.5%14.2%
Net margin8.6%9.3%9.9%10.9%10.9%9.7%10.2%10.3%8.6%8.4%
Return on assets13.5%15.4%19.8%22.4%22.9%18.2%21.9%25.3%19.4%18.5%
Return on equity110.5%223.0%1450.5%1095.1%-968.9%390.0%-360.8%-592.2%593.5%183.6%
Debt / equity3.86×7.74×40.37×26.34×-21.46×10.53×-9.47×———
Current ratio1.061.111.351.411.011.231.081.111.171.25

Computed from company filings · US · as of 2026-02-01. Facts plus Stocktoria's own computed scores — not investment advice.