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.

The Home Depot, Inc. balance sheet

Annual · USD millions except per-share data · 45 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Current assets
Cash & cash equivalents	1,389	1,659	3,760	2,757	2,343	-12.3%
Cash & short-term investments	1,389	1,659	3,760	2,757	2,343	-12.3%
Net receivables	5,597	4,903	3,328	3,317	3,426	+13.1%
Accounts receivable	5,597	4,319	2,753	2,822	2,901	+17.9%
Other receivables	0	584	575	495	525	—
Inventory	25,817	23,451	20,976	24,886	22,068	+4.0%
Other current assets	1,588	1,670	1,711	1,511	1,218	+6.9%
Total current assets	34,391	31,683	29,775	32,471	29,055	+4.3%
Non-current assets
Property, plant & equipment (net)	37,225	35,294	34,038	32,572	31,167	+4.5%
Goodwill	22,344	19,475	8,455	7,444	7,449	+31.6%
Intangible assets	10,329	8,983	3,606	0	0	—
Goodwill & intangible assets	32,673	28,458	12,061	7,444	7,449	+44.7%
Long-term investments	0	0	0	0	58	—
Tax assets	0	0	0	0	344	—
Other non-current assets	806	684	656	3,958	3,803	-32.1%
Total non-current assets	70,704	64,436	46,755	43,974	42,821	+13.4%
Total assets	105,095	96,119	76,530	76,445	71,876	+10.0%
Current liabilities
Accounts payable	11,491	11,938	10,037	11,443	13,462	-3.9%
Other payables	0	1,460	477	578	1,006	—
Total payables	11,491	13,398	10,514	12,021	14,468	-5.6%
Short-term debt	9,431	4,898	1,368	1,231	3,482	+28.3%
Capital lease obligations (current)	1,418	1,274	1,050	945	830	+14.3%
Tax payables	0	1,460	477	578	1,006	—
Deferred revenue	2,575	2,610	2,762	3,064	3,596	-8.0%
Other current liabilities	114	0	0	0	0	—
Total current liabilities	32,424	28,661	22,015	23,110	28,693	+3.1%
Non-current liabilities
Long-term debt	46,341	48,485	42,743	41,962	36,604	+6.1%
Capital lease obligations (non-current)	8,160	7,633	7,082	6,226	5,353	+11.1%
Deferred tax liabilities (non-current)	2,845	1,962	863	1,019	909	+33.0%
Other non-current liabilities	2,512	2,738	2,783	2,566	2,013	+5.7%
Total non-current liabilities	59,858	60,818	53,471	51,773	44,879	+7.5%
Capital lease obligations	9,578	8,907	8,132	7,171	6,183	+11.6%
Total debt	65,350	62,290	52,243	50,364	46,269	+9.0%
Total liabilities	92,282	89,479	75,486	74,883	73,572	+5.8%
Stockholders' equity
Common stock	90	90	90	90	90	0.0%
Retained earnings	94,537	89,533	83,656	76,896	67,580	+8.8%
Additional paid-in capital	14,809	14,117	13,147	12,592	12,132	+5.1%
Treasury stock	(95,971)	(95,971)	(95,372)	(87,298)	(80,794)	—
Accumulated other comprehensive income (loss)	(652)	(1,129)	(477)	(718)	(704)	—
Total stockholders' equity	12,813	6,640	1,044	1,562	(1,696)	—
Total equity	12,813	6,640	1,044	1,562	(1,696)	—
Total liabilities & equity	105,095	96,119	76,530	76,445	71,876	+10.0%
Additional fields
Accrued Expenses	7,395	6,481	6,321	5,849	6,317	+4.0%
Net Debt	63,961	60,631	48,483	47,607	43,926	+9.8%
Total Investments	0	0	0	0	58	—

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.

The Home Depot, Inc. balance sheet

Annual · USD millions except per-share data · 45 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Current assets
Cash & cash equivalents	1,389	1,659	3,760	2,757	2,343	-12.3%
Cash & short-term investments	1,389	1,659	3,760	2,757	2,343	-12.3%
Net receivables	5,597	4,903	3,328	3,317	3,426	+13.1%
Accounts receivable	5,597	4,319	2,753	2,822	2,901	+17.9%
Other receivables	0	584	575	495	525	—
Inventory	25,817	23,451	20,976	24,886	22,068	+4.0%
Other current assets	1,588	1,670	1,711	1,511	1,218	+6.9%
Total current assets	34,391	31,683	29,775	32,471	29,055	+4.3%
Non-current assets
Property, plant & equipment (net)	37,225	35,294	34,038	32,572	31,167	+4.5%
Goodwill	22,344	19,475	8,455	7,444	7,449	+31.6%
Intangible assets	10,329	8,983	3,606	0	0	—
Goodwill & intangible assets	32,673	28,458	12,061	7,444	7,449	+44.7%
Long-term investments	0	0	0	0	58	—
Tax assets	0	0	0	0	344	—
Other non-current assets	806	684	656	3,958	3,803	-32.1%
Total non-current assets	70,704	64,436	46,755	43,974	42,821	+13.4%
Total assets	105,095	96,119	76,530	76,445	71,876	+10.0%
Current liabilities
Accounts payable	11,491	11,938	10,037	11,443	13,462	-3.9%
Other payables	0	1,460	477	578	1,006	—
Total payables	11,491	13,398	10,514	12,021	14,468	-5.6%
Short-term debt	9,431	4,898	1,368	1,231	3,482	+28.3%
Capital lease obligations (current)	1,418	1,274	1,050	945	830	+14.3%
Tax payables	0	1,460	477	578	1,006	—
Deferred revenue	2,575	2,610	2,762	3,064	3,596	-8.0%
Other current liabilities	114	0	0	0	0	—
Total current liabilities	32,424	28,661	22,015	23,110	28,693	+3.1%
Non-current liabilities
Long-term debt	46,341	48,485	42,743	41,962	36,604	+6.1%
Capital lease obligations (non-current)	8,160	7,633	7,082	6,226	5,353	+11.1%
Deferred tax liabilities (non-current)	2,845	1,962	863	1,019	909	+33.0%
Other non-current liabilities	2,512	2,738	2,783	2,566	2,013	+5.7%
Total non-current liabilities	59,858	60,818	53,471	51,773	44,879	+7.5%
Capital lease obligations	9,578	8,907	8,132	7,171	6,183	+11.6%
Total debt	65,350	62,290	52,243	50,364	46,269	+9.0%
Total liabilities	92,282	89,479	75,486	74,883	73,572	+5.8%
Stockholders' equity
Common stock	90	90	90	90	90	0.0%
Retained earnings	94,537	89,533	83,656	76,896	67,580	+8.8%
Additional paid-in capital	14,809	14,117	13,147	12,592	12,132	+5.1%
Treasury stock	(95,971)	(95,971)	(95,372)	(87,298)	(80,794)	—
Accumulated other comprehensive income (loss)	(652)	(1,129)	(477)	(718)	(704)	—
Total stockholders' equity	12,813	6,640	1,044	1,562	(1,696)	—
Total equity	12,813	6,640	1,044	1,562	(1,696)	—
Total liabilities & equity	105,095	96,119	76,530	76,445	71,876	+10.0%
Additional fields
Accrued Expenses	7,395	6,481	6,321	5,849	6,317	+4.0%
Net Debt	63,961	60,631	48,483	47,607	43,926	+9.8%
Total Investments	0	0	0	0	58	—