What are Home Depot's profit margins?

Home Depot (HD) runs a 33.1% gross margin and a 12.4% operating margin, with a 8.4% net margin.

Where do Home Depot's ratios come from?

Every ratio is computed from Home Depot's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Home Depot HD Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	33.1%-0.2pp	33.3%-0.1pp	33.4%-0.1pp	33.3%-0.2pp	33.3%-0.1pp
Operating margin	12.4%-0.8pp	12.7%-0.8pp	13%-0.7pp	13.1%-0.8pp	13.2%-0.7pp
Net margin	8.4%-0.6pp	8.6%-0.7pp	8.8%-0.7pp	8.9%-0.8pp	9%-0.8pp
Returns
Return on equity	128.4%-171pp	145.5%-240pp	162.9%-242pp	194%-319pp	299.5%-1,063pp
Return on invested capital	21.6%-5.2pp	21.9%-5.2pp	22.8%-4.1pp	23.2%-3.6pp	26.9%-4.7pp
Efficiency
Asset turnover	1.6×-0.2×	1.6×-0.2×	1.6×-0.2×	1.7×-0.1×	1.8×-0.1×
Liquidity
Current ratio	1×0.0×	1.1×0.0×	1.1×-0.1×	1.1×0.0×	1.1×-0.2×
Leverage
Debt-to-equity	4.5×-3.6×	5×-4.8×	5.4×-5.6×	6×-9.0×	8.1×-21.3×
Net debt / EBITDA	2.5×0.0×	2.6×0.0×	2.5×0.0×	2.5×-0.2×	2.5×+0.5×
Per Share
Book value per share	$13.93+74.1%	$12.88+92.6%	$12.18+109%	$10.73+141%	$8.00+336%
Valuation
Market capitalization	$316.23B-14.2%	$379.01B-3.8%	$355.32B-16.6%	$404.89B+10.6%	$368.52B+11.0%
Price / earnings	22.6×-2.6×	26.8×+0.2×	24.4×-4.8×	27.7×+2.9×	25.2×+2.8×
Price / sales	1.9×-0.4×	2.3×-0.2×	2.1×-0.6×	2.5×0.0×	2.3×+0.1×
Price / book	22.8×-23.5×	29.6×-29.8×	29.3×-44.3×	38×-44.8×	46.3×-136×
EV / EBITDA	15.5×-1.7×	18.1×-0.3×	16.8×-3.2×	18.6×+0.9×	17.3×+1.6×
Dividend yield	2.9%+0.5pp	2.4%+0.1pp	2.6%+0.5pp	2.2%-0.1pp	2.4%-0.1pp

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Questions, answered.

What are Home Depot's profit margins?: Home Depot (HD) runs a 33.1% gross margin and a 12.4% operating margin, with a 8.4% net margin.
Where do Home Depot's ratios come from?: Every ratio is computed from Home Depot's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.