Financing

Net change in commercial paper

Home Depot Net change in commercial paper increased by 8521.1% to $3.20B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 370.5%, from -$1.18B to $3.20B.

Analysis

StatementCash Flow Statement
SectionFinancing
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ1 2016
Last reportedQ3 2025

How to read this metric

Increased reliance on commercial paper may signal tight cash flow or seasonal working capital needs.

Detailed definition

This represents the net change in short-term unsecured debt obligations issued by the company to meet immediate working...

Peer comparison

Standard for large-cap companies with high credit ratings and active treasury operations.

Metric ID: cf_commercial_paper_net

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q2 '25Q3 '25Q4 '25
Value$0.00$0.00$0.00$1.04B-$1.04B$539.00M-$539.00M$0.00$0.00$0.00$0.00$0.00$8.00M$2.52B-$1.18B-$278.00M-$38.00M$3.20B
QoQ Change-200.0%+152.1%-200.0%+100.0%>999%-147.0%+76.5%+86.3%>999%
YoY Change-100.0%+100.0%-100.0%+100.0%<-999%-101.5%+370.5%
Range-$1.18B$3.20B
Avg YoY Growth-472.3%
Median YoY Growth-100.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Home Depot's net change in commercial paper?
Home Depot (HD) reported net change in commercial paper of $3.20B in Q4 2025.
How has Home Depot's net change in commercial paper changed year-over-year?
Home Depot's net change in commercial paper increased by 370.5% year-over-year, from -$1.18B to $3.20B.
What does net change in commercial paper mean?
The net increase or decrease in short-term debt issued to fund operations.

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