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.
A rising trend may indicate increased investment in growth or operational inefficiencies, while a decline suggests successful cost-cutting or economies of scale.
Covers the operating expenses related to the primary segment that are not directly tied to the cost of goods, including...
Standard SG&A metric; comparable to operating overhead reported by peers in the retail sector.
hd_segment_primary_segment_selling_general_and_administrative| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '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% |
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