Non-Current Assets

PP&E (Net)

Home Depot PP&E (Net) decreased by 0.3% to $27.93B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.3%, from $26.78B to $27.93B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 2.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 27, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$24.67B$24.75B$24.94B$25.20B$25.17B$25.25B$25.24B$25.63B$25.67B$25.88B$25.74B$26.15B$26.00B$26.64B$26.57B$26.70B$26.78B$26.90B$27.68B$28.02B$27.93B
QoQ Change+0.3%+0.7%+1.1%-0.1%+0.3%-0.0%+1.5%+0.2%+0.8%-0.6%+1.6%-0.6%+2.5%-0.3%+0.5%+0.3%+0.4%+2.9%+1.2%-0.3%
YoY Change+2.0%+2.0%+1.2%+1.7%+2.0%+2.5%+2.0%+2.0%+1.3%+2.9%+3.3%+2.1%+3.0%+1.0%+4.2%+4.9%+4.3%
Range$24.67B$28.02B
CAGR+2.5%
Avg YoY Growth+2.5%
Median YoY Growth+2.0%

Geographic Breakdown — In the U.S.

View all
SegmentQ4 '22Q4 '23
In the U.S.$23.35B
Inside the U.S.$23.06B$23.35B
Total$25.63B$26.15B

In the U.S., Inside the U.S. were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — Outside the U.S.

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Outside the U.S.$2.50B$2.57B$2.81B$2.51B$2.88B
Total$25.20B$25.63B$26.15B$26.70B$28.02B

Outside the U.S. was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Home Depot's pp&e (net)?
Home Depot (HD) reported pp&e (net) of $27.93B in Q1 2026.
How has Home Depot's pp&e (net) changed year-over-year?
Home Depot's pp&e (net) increased by 4.3% year-over-year, from $26.78B to $27.93B.
What is the long-term trend for Home Depot's pp&e (net)?
Over 5 years (2020 to 2025), Home Depot's pp&e (net) has grown at a 2.6% compound annual growth rate (CAGR), from $24.71B to $28.02B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.