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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	133.4%-0.6pp	134%+0.2pp	133.8%-0.4pp	134.2%-0.8pp
Operating margin	52%-3.1pp	55.1%-3.7pp	58.8%-2.3pp	61.1%+1.3pp
Net margin	35.2%-3.0pp	38.2%-3.1pp	41.4%-2.1pp	43.4%+0.8pp
EBITDA margin	60.4%-3.0pp	63.4%-2.9pp	66.3%-2.2pp	68.5%+1.2pp
Free cash flow margin	34%-9.8pp	43.8%+1.6pp	42.2%+14.1pp	28.2%-9.3pp
Returns
Return on equity	801.9%-1,865pp	2,666.6%—	——	——
Return on assets	59.7%-10.6pp	70.2%-13.4pp	83.6%-7.4pp	91.1%0.0pp
Return on invested capital	94.8%-17.5pp	112.3%-25.4pp	137.7%-22.2pp	160%-19.6pp
Efficiency
Asset turnover	6.8×-0.6×	7.3×-0.7×	8.1×-0.3×	8.4×-0.2×
Inventory turnover	18×+0.2×	17.8×+0.9×	16.9×-1.2×	18.1×-3.8×
Liquidity
Current ratio	4.4×-0.4×	4.7×-0.5×	5.2×+0.2×	5.1×+0.8×
Quick ratio	1.2×-0.2×	1.3×0.0×	1.4×+0.2×	1.2×-0.2×
Cash ratio	0.2×-0.1×	0.3×-0.1×	0.4×+0.1×	0.4×-0.3×
Leverage
Debt-to-equity	24.5×-40.7×	65.2×-209×	273.8×—	——
Debt-to-assets	2.5×-0.2×	2.7×-0.1×	2.8×+0.1×	2.7×+0.1×
Net debt / EBITDA	10.1×+0.3×	9.8×+1.9×	7.9×+0.7×	7.3×+0.7×
Interest coverage	35×-5.0×	40.1×-9.5×	49.5×-14.7×	64.2×-0.7×
Per Share
Book value per share	$43.79+133%	$18.80+352%	$4.16+204%	$1.37-53.6%
Valuation
Market capitalization	$1.51T-0.7%	$1.52T+16.2%	$1.31T+5.4%	$1.24T-12.9%
Enterprise value	$1.76T0.0%	$1.76T+16.5%	$1.51T+5.3%	$1.43T-9.6%
Price / earnings	104×+1.1×	102.9×+20.6×	82.2×+8.9×	73.3×-17.9×
Price / sales	9.2×-0.7×	9.8×+1.3×	8.5×+0.5×	8×-1.8×
Price / book	143.2×-255×	398.3×-1,217×	1,615.7×—	——
EV / EBITDA	70.7×-1.1×	71.8×+12.6×	59.1×+5.4×	53.7×-10.7×
EV / sales	10.7×-0.7×	11.4×+1.6×	9.8×+0.6×	9.2×-1.6×
Free cash flow yield	14.9%-3.1pp	18%-1.9pp	20%+5.8pp	14.2%-1.4pp
Earnings yield	15.4%-0.3pp	15.7%-4.1pp	19.8%-2.0pp	21.9%+4.2pp
Dividend yield	9.6%+0.4pp	9.2%-0.9pp	10.1%+0.4pp	9.7%+1.9pp

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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.