The Home Depot, Inc. (HD)
NYSE · Consumer Discretionary · analysed October 12, 2026
The Home Depot, Inc., founded in 1978, is the world's largest home improvement retailer, providing tools, building materials, home decor, garden supplies, and installation services to do-it-yourself consumers and professional contractors. The company operates a network of more than 2,300 stores across North America alongside an integrated digital platform. Currently, Home Depot is focused on capturing greater market share among professional contractors—driven by strategic specialty distribution acquisitions like SRS Distribution—while continuing to enhance its interconnected retail experience and supply chain logistics.
Executive summary
The Home Depot trades at $290.74, down over 23% over the past year as mortgage rates hovering above 7.2% have driven existing home turnover to multi-decade lows and stalled big-ticket remodeling demand4,10,20. Despite these cyclical pressures, the business generated $164.68 billion in revenue and $12.60 billion in free cash flow, supported by superior supply chain scale and growing dominance in the professional contractor segment4,18. At 18.58 times forward earnings, the market has absorbed significant cyclical pessimism, offering attractive long-term risk-reward if housing turnover normalizes10.
Sources cited here, 4 of 20
- 4ir.homedepot.com
- 10marketbeat.com
- 18mdm.com
- 20zacks.com
Key figures
- Market cap
- $290.1B
- P/E, trailing
- 20.4
- P/E, next 12 months
- 18.6
- Revenue growth, last fiscal year
- 3.3%
- Net margin, last fiscal year
- 8.6%
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