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Home Depot HD Return on invested capital

Return on invested capital at other companies

Lowe's Companies logo
Lowe's CompaniesLOW
30.9%-8.6pp
Sherwin-Williams logo
Sherwin-WilliamsSHW
16%-0.9pp
Stanley Black & Decker logo
Stanley Black & DeckerSWK
6.8%+1.0pp
Tractor Supply Company logo
Tractor Supply CompanyTSCO
12.7%-2.6pp
Pool Corporation logo
Pool CorporationPOOL
15.3%-0.6pp
Amazon logo
AmazonAMZN
17.8%+0.4pp

Other financials

Income statement

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Revenue$41.8B+4.8%
Gross profit$13.8B+2.4%
Operating income$5.0B-3.0%
Net income$3.3B-4.2%
EPS (diluted)$3.30-4.3%

Balance sheet

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Cash & equivalents$1.6B+16.9%
Total debt$62.6B-2.6%
Total equity$13.9B+74.4%
Total assets$107.90B+8.8%

Cash flow

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Operating cash flow$6.0B+39.5%
CapEx$844.0M+4.7%
Free cash flow$5.2B+47.4%

Valuation

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Market cap$331B-12.6%
Enterprise value$391.99B-11.3%
P/E23.6×-2.3×
P/S-0.3×

Profitability

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Gross margin33.1%-0.2pp
Operating margin12.4%-0.8pp
Net margin8.4%-0.6pp
FCF margin8.6%-0.7pp

Returns & leverage

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Return on equity128.4%-171pp
Debt / equity4.5×-3.6×
Current ratio0.0×

Where this comes from

Calculated from Home Depot’s reported figures.

Based on trailing twelve months.

The source filing: Home Depot’s 10-Q, filed May 27, 2026. Open the filing →

Filed
May 26, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-038247

FAQ

What is Home Depot's return on invested capital?
Home Depot (HD) reported return on invested capital of 21.6% in Q1 2026.
How has Home Depot's return on invested capital changed year-over-year?
Home Depot's return on invested capital decreased by 19.5% year-over-year, from 26.9% to 21.6%.
What is the long-term trend for Home Depot's return on invested capital?
Over 5 years (2020 to 2025), Home Depot's return on invested capital has grown at a -10.2% compound annual growth rate (CAGR), from 37.5% to 21.9%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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