PP&E (Net)
Home Depot PP&E (Net) decreased by 0.3% to $27.93B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.3%, from $26.78B to $27.93B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 2.6% CAGR.
Analysis
How to read this metric
An increase reflects ongoing capital investment and expansion, while a decrease may indicate asset divestiture or high depreciation relative to new investment.
Detailed definition
This represents the net book value of long-term, tangible assets used in the production or delivery of goods and service...
Peer comparison
High levels are expected for brick-and-mortar retailers; compare against revenue to assess asset utilization efficiency.
property_plant_equipment_netHistorical Data
| 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 | $24.67B | $24.75B | $24.94B | $25.2B | $25.17B | $25.25B | $25.24B | $25.63B | $25.67B | $25.88B | $25.74B | $26.15B | $26B | $26.64B | $26.57B | $26.7B | $26.78B | $26.9B | $27.68B | $28.02B | $27.93B |
| QoQ Change | — | +0.3% | +0.7% | +1.1% | -0.1% | +0.3% | -0.0% | +1.5% | +0.2% | +0.8% | -0.6% | +1.6% | -0.6% | +2.5% | -0.3% | +0.5% | +0.3% | +0.4% | +2.9% | +1.2% | -0.3% |
| YoY Change | — | — | — | — | +2.0% | +2.0% | +1.2% | +1.7% | +2.0% | +2.5% | +2.0% | +2.0% | +1.3% | +2.9% | +3.3% | +2.1% | +3.0% | +1.0% | +4.2% | +4.9% | +4.3% |
Geographic Breakdown — In the U.S.
| Segment | Q4 '22 | Q4 '23 |
|---|---|---|
| In the U.S. | — | $23.35B |
| Inside the U.S. | $23.06B | $23.35B |
| Total | $25.63B | $26.15B |
In the U.S., Inside the U.S. were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown — Outside the U.S.
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Outside the U.S. | $2.5B | $2.57B | $2.81B | $2.51B | $2.88B |
| Total | $25.2B | $25.63B | $26.15B | $26.7B | $28.02B |
Outside the U.S. was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Home Depot's pp&e (net)?
- Home Depot (HD) reported pp&e (net) of $27.93B in Q1 2026.
- How has Home Depot's pp&e (net) changed year-over-year?
- Home Depot's pp&e (net) increased by 4.3% year-over-year, from $26.78B to $27.93B.
- What is the long-term trend for Home Depot's pp&e (net)?
- Over 5 years (2020 to 2025), Home Depot's pp&e (net) has grown at a 2.6% compound annual growth rate (CAGR), from $24.71B to $28.02B.
- What does pp&e (net) mean?
- The net value of the company's physical assets like buildings, stores, and equipment after accounting for wear and tear.