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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	133.1%-0.2pp	133.4%-0.1pp	133.5%-0.1pp	133.6%-0.2pp	133.9%-0.1pp
Operating margin	51.2%-0.8pp	52%-0.8pp	52.8%-0.7pp	53.5%-0.8pp	54.3%-0.7pp
Net margin	34.6%-0.6pp	35.2%-0.7pp	35.9%-0.7pp	36.6%-0.8pp	37.4%-0.8pp
Returns
Return on equity	630.8%-171pp	801.9%-240pp	1,041.8%-242pp	1,283.8%-319pp	1,603.2%-1,063pp
Return on invested capital	89.6%-5.2pp	94.8%-5.2pp	100%-4.1pp	104.1%-3.6pp	107.7%-4.7pp
Efficiency
Asset turnover	6.6×-0.2×	6.8×-0.2×	7×-0.2×	7.1×-0.1×	7.2×-0.1×
Liquidity
Current ratio	4.3×0.0×	4.4×0.0×	4.4×-0.1×	4.5×0.0×	4.5×-0.2×
Leverage
Debt-to-equity	20.9×-3.6×	24.5×-4.8×	29.3×-5.6×	34.9×-9.0×	43.9×-21.3×
Net debt / EBITDA	10.1×0.0×	10.1×0.0×	10.1×0.0×	10.1×-0.2×	10.3×+0.5×
Per Share
Book value per share	$49.71+13.5%	$43.79+16.5%	$37.60+20.3%	$31.25+25.1%	$24.97+32.8%
Valuation
Market capitalization	$1.46T-3.5%	$1.51T-1.0%	$1.52T-4.5%	$1.59T+2.5%	$1.55T+2.4%
Price / earnings	101.4×-2.6×	104×+0.2×	103.8×-4.8×	108.6×+2.9×	105.7×+2.8×
Price / sales	8.8×-0.4×	9.2×-0.2×	9.3×-0.6×	9.9×0.0×	9.9×+0.1×
Price / book	119.7×-23.5×	143.2×-29.8×	172.9×-44.3×	217.3×-44.8×	262.1×-136×
EV / EBITDA	69×-1.7×	70.7×-0.3×	71×-3.2×	74.3×+0.9×	73.3×+1.6×
Dividend yield	10.1%+0.5pp	9.6%+0.1pp	9.5%+0.5pp	9%-0.1pp	9.1%-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.