HD - The Home Depot, Inc. Report

The Home Depot, Inc. (HD : NYQ)

Sector: Consumer Cyclical | Industry: Home Improvement Retail

$315.11

+5.23 (+1.69%)

MARKET CAP

$314.38B

FCF YIELD

3.42%

CURRENT PRICE

$315.11

P/E RATIO

22.05x

Overview Financial Statements Metrics History DCF Valuation

INCOME STATEMENT (ANNUAL - 3-YEAR VIEW)

Financial Line Item	2026-01-31	2025-01-31	2024-01-31
1. REVENUE
Operating Revenue	$164.68B	$159.51B	$152.67B
Total Revenue	$164.68B	$159.51B	$152.67B
2. OPERATING EXPENSES
Reconciled Cost Of Revenue	$108.97B	$105.48B	$101.14B
Interest Expense	$2.41B	$2.32B	$1.94B
Tax Provision	$4.45B	$4.60B	$4.78B
Operating Expense	$33.98B	$31.78B	$29.27B
Selling General And Administration	$30.70B	$28.75B	$26.60B
Cost Of Revenue	$109.82B	$106.21B	$101.71B
Total Expenses	$143.79B	$137.99B	$130.98B
3. NET INCOME & EARNINGS DETAILS
Tax Effect Of Unusual Items	$0.00	$0.00	$0.00
Tax Rate For Calcs	23.90%	23.70%	24.00%
Normalized EBITDA	$25.14B	$25.49B	$25.11B
Net Income From Continuing Operation Net Minority Interest	$14.16B	$14.81B	$15.14B
Reconciled Depreciation	$4.12B	$3.76B	$3.25B
EBITDA	$25.14B	$25.49B	$25.11B
EBIT	$21.01B	$21.73B	$21.87B
Net Interest Income	$-2.29B	$-2.12B	$-1.76B
Interest Income	$124.00M	$201.00M	$178.00M
Normalized Income	$14.16B	$14.81B	$15.14B
Net Income From Continuing And Discontinued Operation	$14.16B	$14.81B	$15.14B
Total Operating Income As Reported	$20.89B	$21.53B	$21.69B
Diluted Average Shares	995.00M	993.00M	1.00B
Basic Average Shares	993.00M	990.00M	999.00M
Diluted EPS	$14.23	$14.91	$15.11
Basic EPS	$14.26	$14.96	$15.16
Diluted NI Availto Com Stockholders	$14.16B	$14.81B	$15.14B
Net Income Including Noncontrolling Interests	$14.16B	$14.81B	$15.14B
Net Income Continuous Operations	$14.16B	$14.81B	$15.14B
Pretax Income	$18.60B	$19.41B	$19.92B
Other Income Expense	-	-	$-1.00M
Other Non Operating Income Expenses	-	-	$-1.00M
Net Non Operating Interest Income Expense	$-2.29B	$-2.12B	$-1.76B
Interest Expense Non Operating	$2.41B	$2.32B	$1.94B
Interest Income Non Operating	$124.00M	$201.00M	$178.00M
Operating Income	$20.89B	$21.53B	$21.69B
Depreciation Amortization Depletion Income Statement	$3.27B	$3.03B	$2.67B
Depreciation And Amortization In Income Statement	$3.27B	$3.03B	$2.67B
Gross Profit	$54.87B	$53.31B	$50.96B
Net Income Common Stockholders	$14.16B	$14.81B	$15.14B
Net Income	$14.16B	$14.81B	$15.14B

Financial Line Item	2026-01-31	2025-01-31	2024-01-31
1. ASSETS
1. Current Assets
Working Capital	$1.97B	$3.02B	$7.76B
Inventory	$25.82B	$23.45B	$20.98B
Receivables	$5.60B	$4.90B	$3.33B
Other Receivables	$567.00M	$584.00M	$575.00M
Accounts Receivable	$5.03B	$4.32B	$2.75B
Cash Cash Equivalents And Short Term Investments	$1.39B	$1.66B	$3.76B
Cash And Cash Equivalents	$1.39B	$1.66B	$3.76B
Current Assets	$34.39B	$31.68B	$29.77B
Other Current Assets	$1.59B	$1.67B	$1.71B
2. Long Term Assets
Tangible Book Value	$-19.86B	$-21.82B	$-11.02B
Net Tangible Assets	$-19.86B	$-21.82B	$-11.02B
Other Non Current Assets	$806.00M	$684.00M	$656.00M
Non Current Deferred Assets	-	-	-
Non Current Deferred Taxes Assets	-	-	-
Financial Assets	-	-	-
Goodwill And Other Intangible Assets	$32.67B	$28.46B	$12.06B
Other Intangible Assets	$10.33B	$8.98B	$3.61B
Goodwill	$22.34B	$19.48B	$8.46B
Net PPE	$37.23B	$35.29B	$34.04B
Accumulated Depreciation	$-31.45B	$-29.08B	$-27.10B
Gross PPE	$68.67B	$64.38B	$61.14B
Leases	$2.57B	$2.42B	$2.25B
Construction In Progress	$1.65B	$1.52B	$1.19B
Other Properties	$13.34B	$12.64B	$11.97B
Machinery Furniture Equipment	$20.29B	$18.47B	$16.67B
Buildings And Improvements	$21.32B	$20.26B	$20.03B
Land And Improvements	$9.50B	$9.06B	$9.03B
Properties	$0.00	$0.00	$0.00
Finished Goods	$25.82B	$23.45B	$20.98B
Total Non Current Assets	$70.70B	$64.44B	$46.76B
Total Assets	$105.09B	$96.12B	$76.53B
2. LIABILITIES
1. Current Liabilities
Current Deferred Liabilities	$2.58B	$2.61B	$2.76B
Current Deferred Revenue	$2.58B	$2.61B	$2.76B
Current Debt And Capital Lease Obligation	$10.85B	$6.17B	$2.42B
Current Capital Lease Obligation	$1.42B	$1.27B	$1.05B
Current Debt	$9.43B	$4.90B	$1.37B
Other Current Borrowings	$4.97B	$4.58B	$1.37B
Commercial Paper	$4.46B	$316.00M	$0.00
Payables And Accrued Expenses	$19.00B	$19.88B	$16.84B
Current Accrued Expenses	$6.89B	$6.48B	$6.32B
Payables	$12.11B	$13.40B	$10.51B
Total Tax Payable	$622.00M	$1.46B	$477.00M
Income Tax Payable	$114.00M	$832.00M	$28.00M
Accounts Payable	$11.49B	$11.94B	$10.04B
Current Liabilities	$32.42B	$28.66B	$22.02B
2. Long Term Liabilities
Net Debt	$54.38B	$51.72B	$40.35B
Total Debt	$65.35B	$62.29B	$52.24B
Capital Lease Obligations	$9.58B	$8.91B	$8.13B
Other Non Current Liabilities	$2.51B	$2.74B	$2.78B
Non Current Deferred Liabilities	$2.85B	$1.96B	$863.00M
Non Current Deferred Taxes Liabilities	$2.85B	$1.96B	$863.00M
Long Term Debt And Capital Lease Obligation	$54.50B	$56.12B	$49.83B
Long Term Capital Lease Obligation	$8.16B	$7.63B	$7.08B
Long Term Debt	$46.34B	$48.48B	$42.74B
Total Non Current Liabilities Net Minority Interest	$59.86B	$60.82B	$53.47B
Total Liabilities Net Minority Interest	$92.28B	$89.48B	$75.49B
3. STOCKHOLDERS' EQUITY
1. Retained Earnings
Retained Earnings	$94.54B	$89.53B	$83.66B
2. Other Stockholders' Equity
Treasury Shares Number	806.00M	806.00M	804.00M
Ordinary Shares Number	995.51M	994.00M	992.00M
Share Issued	$1.80B	$1.80B	$1.80B
Invested Capital	$68.58B	$60.02B	$45.16B
Common Stock Equity	$12.81B	$6.64B	$1.04B
Total Capitalization	$59.15B	$55.12B	$43.79B
Gains Losses Not Affecting Retained Earnings	$-652.00M	$-1.13B	$-477.00M
Other Equity Adjustments	$-652.00M	$-1.13B	$-477.00M
Treasury Stock	$95.97B	$95.97B	$95.37B
Additional Paid In Capital	$14.81B	$14.12B	$13.15B
Capital Stock	$90.00M	$90.00M	$90.00M
Common Stock	$90.00M	$90.00M	$90.00M
Stockholders Equity	$12.81B	$6.64B	$1.04B

Financial Line Item	2026-01-31	2025-01-31	2024-01-31
1. CASH FLOW FROM OPERATING ACTIVITIES
Free Cash Flow	$12.65B	$16.32B	$17.95B
Interest Paid Supplemental Data	$2.40B	$2.20B	$1.81B
Income Tax Paid Supplemental Data	$4.85B	$3.65B	$5.02B
Effect Of Exchange Rate Changes	$99.00M	$-186.00M	$3.00M
Common Stock Payments	$0.00	$-649.00M	$-7.95B
Long Term Debt Payments	$-5.04B	$-1.54B	$-1.27B
Net Business Purchase And Sale	$-5.41B	$-17.64B	$-1.51B
Change In Working Capital	$-2.67B	$694.00M	$2.09B
Change In Other Working Capital	$357.00M	$-150.00M	$-563.00M
Change In Other Current Assets	$124.00M	$86.00M	$-184.00M
Change In Payables And Accrued Expense	$-1.76B	$1.33B	$-1.44B
Change In Payable	$-1.76B	$1.33B	$-1.44B
Change In Account Payable	$-1.06B	$518.00M	$-1.41B
Change In Tax Payable	$-698.00M	$809.00M	$-25.00M
Change In Income Tax Payable	$-698.00M	$809.00M	$-25.00M
Change In Inventory	$-1.50B	$-743.00M	$4.14B
Change In Receivables	$107.00M	$174.00M	$134.00M
Other Non Cash Items	$192.00M	$107.00M	$314.00M
Stock Based Compensation	$522.00M	$442.00M	$380.00M
Deferred Tax	-	-	-
Deferred Income Tax	-	-	-
Depreciation Amortization Depletion	$4.12B	$3.76B	$3.25B
Depreciation And Amortization	$4.12B	$3.76B	$3.25B
Amortization Cash Flow	$607.00M	$425.00M	$186.00M
Amortization Of Intangibles	$607.00M	$425.00M	$186.00M
Depreciation	$3.51B	$3.34B	$3.06B
Net Income From Continuing Operations	$14.16B	$14.81B	$15.14B
Operating Cash Flow	$16.32B	$19.81B	$21.17B
Cash Flow From Continuing Operating Activities	$16.32B	$19.81B	$21.17B
2. CASH FLOW FROM INVESTING ACTIVITIES
Repurchase Of Capital Stock	$0.00	$-649.00M	$-7.95B
Capital Expenditure	$-3.68B	$-3.48B	$-3.23B
Net Other Investing Changes	$109.00M	$98.00M	$11.00M
Purchase Of Business	$-5.41B	$-17.64B	$-1.51B
Capital Expenditure Reported	$-3.68B	$-3.48B	$-3.23B
Investing Cash Flow	$-8.98B	$-21.03B	$-4.73B
Cash Flow From Continuing Investing Activities	$-8.98B	$-21.03B	$-4.73B
3. CASH FLOW FROM FINANCING ACTIVITIES
Repayment Of Debt	$-5.04B	$-1.54B	$-1.27B
Issuance Of Debt	$2.16B	$10.01B	$2.00B
Issuance Of Capital Stock	$314.00M	$395.00M	$323.00M
Net Other Financing Charges	$-145.00M	$-301.00M	$-156.00M
Cash Dividends Paid	$-9.15B	$-8.93B	$-8.38B
Common Stock Dividend Paid	$-9.15B	$-8.93B	$-8.38B
Net Common Stock Issuance	$314.00M	$-254.00M	$-7.63B
Common Stock Issuance	$314.00M	$395.00M	$323.00M
Net Issuance Payments Of Debt	$1.27B	$8.79B	$724.00M
Net Short Term Debt Issuance	$4.15B	$316.00M	$0.00
Net Long Term Debt Issuance	$-2.88B	$8.47B	$724.00M
Long Term Debt Issuance	$2.16B	$10.01B	$2.00B
Financing Cash Flow	$-7.71B	$-694.00M	$-15.44B
Cash Flow From Continuing Financing Activities	$-7.71B	$-694.00M	$-15.44B
4. CASH RECONCILIATION
Beginning Cash Position	$1.66B	$3.76B	$2.76B
Changes In Cash	$-369.00M	$-1.92B	$1.00B
End Cash Position	$1.39B	$1.66B	$3.76B

FINANCIAL RATIOS & STATS

Financial Metric	Value
Trailing P/E	22.05x
Forward P/E	19.66x
Price-to-Book (P/B)	18.93x
Price-to-Sales (P/S)	1.86x
Net Profit Margin (Net Income / Revenue)	8.41%
Operating Profit Margin (EBIT / Revenue)	12.86%
Return on Equity (ROE)	104.30%
Return on Assets (ROA)	12.14%
Dividend Rate	$9.32
Dividend Yield	2.96%
Ex-Dividend Date	2026-09-03
Next Earnings Date	2026-11-17