What is Home Depot's deferred taxes?

Home Depot (HD) reported deferred taxes of -$65M in Q1 2026.

How has Home Depot's deferred taxes changed year-over-year?

Home Depot's deferred taxes decreased by 2266.7% year-over-year, from $3M to -$65M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Home Depot HD Deferred Taxes

Deferred Taxes at other companies

Lowe's CompaniesLOW

$203M+61.1%

Sherwin-WilliamsSHW

-$3.2M+82.9%

Stanley Black & DeckerSWK

-$16.1M+71.7%

Tractor Supply CompanyTSCO

$23.5M+1,301%

Pool CorporationPOOL

-$4.26M-8.2%

AmazonAMZN

$12.8B+2,424%

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)$3.30-4.3%

Balance sheet

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Cash & equivalents$1.6B+16.9%

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$351.66B-1.3%

Enterprise value$412.65B-1.6%

P/E25.1×+0.8×

P/S2.1×-0.1×

Profitability

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Gross margin33.1%-0.2pp

Operating margin12.4%-0.8pp

Net margin8.4%-0.6pp

FCF margin8.6%-0.7pp

Returns & leverage

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Return on equity128.4%-171pp

Debt / equity4.5×-3.6×

Current ratio1×0.0×

Where this comes from

Reported directly by Home Depot in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredIncomeTaxes.

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 deferred taxes?: Home Depot (HD) reported deferred taxes of -$65M in Q1 2026.
How has Home Depot's deferred taxes changed year-over-year?: Home Depot's deferred taxes decreased by 2266.7% year-over-year, from $3M to -$65M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.