Home Depot, Inc. (The) (HD) stock analysis
Company overview and business model
Source fact: 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.
Classification: NYSE · Consumer Cyclical · Home Improvement Retail
Revenue and growth
Source fact: Revenue was USD 164.68 billion for the period ending 2026-01-31.
Caverian calculation: Revenue changed +3.2% (FY2026 vs FY2025).
Profitability
Source fact: Net income was USD 14.16 billion in the latest reported period.
Source metric: Reported net margin was 8.6%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 1.39 billion.
Source fact: Total debt was USD 65.35 billion.
Source metric: Current ratio was 1.06x.
Cash-flow analysis
Source fact: Operating cash flow was USD 16.32 billion.
Source fact: Free cash flow was USD 12.65 billion.
Valuation
Source metrics: Trailing P/E 24.10x; Forward P/E 20.84x; Price to book 26.00x; EV/EBITDA 15.51x.
Caverian model output: Value score was 40/100.
Competitive position
Classification: Peer context: Home Improvement Retail within Consumer Cyclical.
Caverian model output: Quality score was 65/100.
Caverian model output: Growth score was 45/100.
Material risks
Caverian calculation: Piotroski F-score was 4/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles