Tax
Income Tax
Home Depot Income Tax increased by 49.7% to $1.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $1.11B to $1.09B. Over 4 years (FY 2021 to FY 2025), Income Tax shows a downward trend with a -3.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 19, 2026
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
Metric ID:
income_tax_expenseHistorical Data
21 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.30B | $1.51B | $1.34B | $914.00M | $1.33B | $1.66B | $1.40B | $1.48B | $1.24B | $1.50B | $1.16B | $1.07B | $1.05B | $1.48B | $1.18B | $881.00M | $1.11B | $1.45B | $1.16B | $727.00M | $1.09B |
| QoQ Change | — | +16.0% | -11.3% | -31.8% | +45.4% | +24.8% | -15.4% | +5.1% | -16.1% | +21.4% | -22.9% | -7.5% | -1.9% | +41.2% | -20.8% | -25.0% | +25.9% | +31.1% | -20.5% | -37.1% | +49.7% |
| YoY Change | — | — | — | — | +2.0% | +9.7% | +4.7% | +61.4% | -6.9% | -9.4% | -17.5% | -27.4% | -15.0% | -1.2% | +1.5% | -17.7% | +5.5% | -2.0% | -1.6% | -17.5% | -1.9% |
Range$727.00M – $1.66B
CAGR-3.5%
Avg YoY Growth-2.0%
Median YoY Growth-1.9%
Income Tax at Other Companies
Frequently Asked Questions
- What is Home Depot's income tax?
- Home Depot (HD) reported income tax of $1.09B in Q1 2026.
- How has Home Depot's income tax changed year-over-year?
- Home Depot's income tax decreased by 1.9% year-over-year, from $1.11B to $1.09B.
- What is the long-term trend for Home Depot's income tax?
- Over 4 years (2021 to 2025), Home Depot's income tax has grown at a -3.2% compound annual growth rate (CAGR), from $5.07B to $4.45B.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.