Primary Segment — SG&A

Business Segments · SG&A

Home Depot Primary Segment — SG&A decreased by 3.3% to $7.13B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $6.85B to $7.13B. Over 2 years (FY 2023 to FY 2025), Primary Segment — SG&A shows relatively stable performance with a 2.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2025
Rolls up toSG&A

How to read this metric

A rising trend may indicate increased investment in growth or operational inefficiencies, while a decline suggests successful cost-cutting or economies of scale.

Detailed definition

Covers the operating expenses related to the primary segment that are not directly tied to the cost of goods, including...

Peer comparison

Standard SG&A metric; comparable to operating overhead reported by peers in the retail sector.

Metric ID: hd_segment_primary_segment_selling_general_and_administrative

Historical Data

12 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$6.57B$6.57B$6.57B$6.57B$6.11B$6.67B$6.98B$6.85B$6.15B$7.16B$7.38B$7.13B
QoQ Change+0.0%+0.0%+0.0%-7.1%+9.2%+4.7%-1.9%-10.2%+16.5%+2.9%-3.3%
YoY Change-7.1%+1.5%+6.2%+4.2%+0.7%+7.5%+5.7%+4.2%
Range$6.11B$7.38B
CAGR+3.0%
Avg YoY Growth+2.9%
Median YoY Growth+4.2%

Frequently Asked Questions

What is Home Depot's primary segment — sg&a?
Home Depot (HD) reported primary segment — sg&a of $7.13B in Q4 2025.
How has Home Depot's primary segment — sg&a changed year-over-year?
Home Depot's primary segment — sg&a increased by 4.2% year-over-year, from $6.85B to $7.13B.
What is the long-term trend for Home Depot's primary segment — sg&a?
Over 2 years (2023 to 2025), Home Depot's primary segment — sg&a has grown at a 2.9% compound annual growth rate (CAGR), from $26.28B to $27.82B.
What does primary segment — sg&a mean?
The overhead and operating costs required to run the primary business segment, excluding direct product costs.

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