What is The Home Depot, Inc.'s revenue?

The Home Depot, Inc. reported revenue of $164.7B in fiscal 2025, up 3.2% from the prior year. Over the last 4 years, revenue has grown at 2.2% a year.

Is The Home Depot, Inc. profitable?

Yes. The Home Depot, Inc. earned net income of $14.16B in fiscal 2025, a net margin of 8.6%, and generated $12.65B of free cash flow.

What is HD's P/E ratio?

At a share price of $325.35, HD trades at about 22.9x its fiscal 2025 earnings per share, with a market capitalization of roughly $324.4B. Its EV/EBITDA multiple is 15.4x.

Does The Home Depot, Inc. pay a dividend?

Yes. The Home Depot, Inc. paid $9.15B in dividends to shareholders in fiscal 2025, a dividend yield of about 2.82% at today's price.

How much debt does The Home Depot, Inc. have?

The Home Depot, Inc. had total debt of $65.35B and cash of $1.39B at the end of fiscal 2025, giving net debt of 2.5x EBITDA.

What is The Home Depot, Inc.'s return on invested capital (ROIC)?

The Home Depot, Inc.'s return on invested capital was 20.7% in fiscal 2025, and its return on equity was 110.5%.

KineRubyLog in

The Home Depot, Inc.

HDNYSE

$325.35

Last price · USD

Market cap: $324.4B
P/E: 22.9x
EV / EBITDA: 15.4x
P/S: 2.0x
FCF yield: 3.9%
Div. yield: 2.82%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Revenue

$164.7B

+3.2%

4Y CAGR +2.2%

Gross profit

$54.87B

+2.9%

4Y CAGR +1.9%

Operating income

$20.89B

-3.0%

4Y CAGR -2.4%

Net income

$14.16B

-4.4%

4Y CAGR -3.7%

EPS (diluted)

$14.23

-4.6%

4Y CAGR -2.2%

Free cash flow

$12.65B

-22.5%

4Y CAGR -2.5%

Revenue & net income

Fiscal 2021–2025 · USD

All charts

RevenueNet income

Valuation

At $325.35 · FY2025 fundamentals

Market cap: $324.4B
Enterprise value: $388.3B
P/E: 22.9x
P/S: 2.0x
P/B: 25.3x
EV / EBITDA: 15.4x
EV / Sales: 2.4x
Earnings yield: 4.4%
FCF yield: 3.9%
Shareholder yield: 2.8%

Estimate intrinsic value with a DCF

Profitability

Margins as a share of revenue

Metric	Latest	4Y ago
Gross margin	33.3%-0.3pp	33.6%
Operating margin	12.7%-2.6pp	15.2%
EBITDA margin	15.3%-1.9pp	17.2%
Net margin	8.6%-2.3pp	10.9%
FCF margin	7.7%-1.6pp	9.3%

Returns & financial health

FY2025 with 4-year trend

Metric	Latest	4Y ago
Return on equity	110.5%	—
Return on invested capital	20.7%	41.2%
Return on assets	13.5%	22.9%
Debt / equity	5.10x	—
Net debt / EBITDA	2.54x	1.69x
Current ratio	1.06x	1.01x

Cash & equivalents

$1.39B

Total debt

$65.35B

Capital allocation

How HD used its cash in FY2025

Operating cash flow: $16.32B
Capital expenditure: $3.68B
Dividends paid: $9.15B
Share repurchases: $0.00
Stock-based compensation: $522M
Diluted shares: 997.0M
Share count change (4Y): -5.8%

Analyst estimates

Consensus for upcoming fiscal years

Fiscal year	Revenue	Growth	EPS	Growth
FY2025 actual	$164.7B		$14.23
FY2027E21 analysts	$171.6B	+4.2%	$15.00	+5.4%
FY2028E21 analysts	$177.5B	+3.4%	$15.93	+6.2%
FY2029E9 analysts	$184.8B	+4.2%	$17.31	+8.6%

About The Home Depot, Inc.

Consumer Cyclical · Home Improvement

The Home Depot, Inc. operates as a prominent retailer specializing in home renovation and improvement. Through its expansive network of "The Home Depot" stores, it furnishes consumers with an extensive array of goods, including building materials, home enhancement products, lawn and garden supplies, decorative items, and facilities maintenance, repair, and operational (MRO) supplies.

homedepot.com

Sector: Consumer Cyclical
Industry: Home Improvement
CEO: Edward Decker
Employees: 472,400
Headquarters: Atlanta, GA, US
IPO date: 1981-09-22