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Home Depot HD Debt-to-assets

Debt-to-assets at other companies

Lowe's Companies logo
Lowe's CompaniesLOW
0.8×0.0×
Sherwin-Williams logo
Sherwin-WilliamsSHW
0.6×0.0×
Tractor Supply Company logo
Tractor Supply CompanyTSCO
0.5×0.0×
Amazon logo
AmazonAMZN
0.3×0.0×
Ferguson Enterprises logo
Ferguson EnterprisesFERG
0.3×0.0×
D.R. Horton logo
D.R. HortonDHI
0.0×

Other financials

Income statement

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Revenue$41.8B+4.8%
Gross profit$13.8B+2.4%
Operating income$5.0B-3.0%
Net income$3.3B-4.2%
EPS (diluted)$3.30-4.4%

Balance sheet

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Cash & equivalents$1.6B+17.0%
Total debt$62.6B-2.6%
Total equity$13.9B+74.4%
Total assets$107.90B+8.8%

Cash flow

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Operating cash flow$6.0B+39.5%
CapEx$844.0M+4.7%
Free cash flow$5.2B+47.4%

Valuation

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Market cap$326.54B-14.2%
Enterprise value$387.52B-12.6%
P/E23.3×-2.7×
P/S-0.4×

Profitability

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Gross margin33.1%-0.2pp
Operating margin12.4%-0.8pp
Net margin8.4%-0.6pp

Returns & leverage

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Return on equity128.4%-171pp
Debt / equity4.5×-3.6×
Current ratio0.0×

Where this comes from

Calculated from Home Depot’s reported figures.

Based on the most recent quarter.

The official record: Home Depot’s 10-Q, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Home Depot's debt-to-assets?
Home Depot (HD) reported debt-to-assets of 0.6× in Q1 2026.
How has Home Depot's debt-to-assets changed year-over-year?
Home Depot's debt-to-assets decreased by 10.5% year-over-year, from 0.6× to 0.6×.
What is the long-term trend for Home Depot's debt-to-assets?
Over 4 years (2021 to 2025), Home Depot's debt-to-assets has grown at a -0.0% compound annual growth rate (CAGR), from 2.5× to 2.5×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.