Is Home Depot (HD) overvalued or fairly valued?

MarketChacha shows Home Depot's valuation in context — a trailing P/E of about 22.7, a forward P/E of about 21.0, a price-to-book of about 24.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Home Depot's reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.18×) from reported figures — education, not a rating.

What is Home Depot's revenue?

Home Depot reported revenue of $164.7B for FY2026, with net profit of $14.2B, per official filings.

What is the share price of Home Depot (HD)?

Home Depot last traded at $338.86 (-0.8% on the day), as of 8/14/2026 — a delayed quote shown for education, not investment advice.

Home Depot

HD · NYSE · Retail · United States

Snapshot

TickerHD

ExchangeNYSE

SectorRetail

IndustryHome Improvement Retail

CountryUnited States

Employees470,000

HeadquartersAtlanta, United States

Websitewww.homedepot.com

Filings tracked13

About Home Depot

The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, baths, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, windows, and window coverings. In addition, it provides tool and equipment rental services. The company serves consumers, such as do-it-yourself homeowners and do-it-for-me customers; and professional renovators/remodelers, general contractors, homebuilders, maintenance professionals, handymen, property managers, building service contractors and specialty tradespeople, such as electricians, landscapers, insulation installers, plumbers, painters, pool contractors, roofers, and wallboard and ceiling installers. It sells its products through websites and its mobile applications, including homedepot.com; homedepot.ca and homedepot.com.mx; blinds.com, justblinds.com, and americanblinds.com for custom window coverings; constructionresourcesusa.com or design-oriented surfaces, appliances, and architectural specialty products; thecompanystore.com, an online site for textiles and décor products; hdsupply.com for maintenance, repair, and operations products and related services; and srsdistribution.com, heritagelandscapesupplygroup.com, heritagepoolsupplygroup.com, and gms.com for roofing and building materials, landscape, and pool products; and The Home Depot stores. The Home Depot, Inc. was incorporated in 1978 and is headquartered in Atlanta, Georgia.

Who owns it

Insiders0.1%
Institutions77.2%
Public & other22.7%

5,067 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.18%
Vanguard Capital Management LLC6.49%
State Street Corporation4.73%
Vanguard Portfolio Management LLC2.54%
Geode Capital Management, LLC2.53%
Morgan Stanley2.24%
Charles Schwab Investment Management, Inc.1.71%
Capital Research Global Investors1.69%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 2.3 points over the period — profitability is trending down.

Cash conversion1.18×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend10.9% → 8.6%

Margin has compressed by about 2.3 points over the period — profitability is trending down.

Return on equity110.5%

Latest ROE of 110.5% — capital is generating a healthy return.

Growth qualityrev 2% · PAT -6%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $42.8B · EPS 3.96

Est. earnings growth +5.8%

Next fiscal year

Rev $177.3B · EPS 16.11

Est. earnings growth +7.7%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$164.7B

Net margin

8.6%

ROE

110.5%

Revenue CAGR (3y)

+1.5%

Profit CAGR (3y)

-6.1%

EPS (FY2026)

14.23

Net profit (FY2026)

$14.2B

Ask MarketChacha about HD

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$164.7B	$14.2B	14.23	8.6%	110.5%
FY2025	$159.5B	$14.8B	14.91	9.3%	223.0%
FY2024	$152.7B	$15.1B	15.11	9.9%	1450.5%
FY2023	$157.4B	$17.1B	16.69	10.9%	1095.1%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$41.8B	$3.3B	3.30	7.9%
2025Q4	$41.4B	$3.6B	3.62	8.7%
2025Q3	$45.3B	$4.6B	4.58	10.1%
2025Q2	$39.9B	$3.4B	3.45	8.6%
2024Q4	$40.2B	$3.6B	3.67	9.1%
2024Q3	$43.2B	$4.6B	4.60	10.6%
2024Q2	$36.4B	$3.6B	3.63	9.9%
2023Q4	$37.7B	$3.8B	3.81	10.1%
2023Q3	$42.9B	$4.7B	4.65	10.9%
2023Q2	$37.3B	$3.9B	3.82	10.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC5/27/2026
8-K — Bylaw/charter change, Shareholder vote results, Exhibits
SEC5/26/2026material
8-K — Results of operations, Exhibits
SEC5/19/2026material
10-K filing
SEC3/18/2026
8-K — Results of operations, Exhibits
SEC2/24/2026material

2025

10-Q filing
SEC11/25/2025
8-K — Bylaw/charter change, Other events, Exhibits
SEC11/24/2025material
8-K — Results of operations, Exhibits
SEC11/18/2025material
8-K — Reg FD disclosure
SEC11/18/2025material
8-K — Other events, Exhibits
SEC9/15/2025material
8-K — Other events, Exhibits
SEC9/10/2025material
10-Q filing
SEC8/26/2025
8-K — Results of operations, Exhibits
SEC8/19/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.