Home Depot SG&A decreased by 1.6% to $7.64B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $7.21B to $7.64B. Over 3 years (FY 2022 to FY 2025), SG&A shows an upward trend with a 4.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.
Detailed definition
The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...
Peer comparison
Used to assess the 'leaness' of a company's corporate structure relative to its peers.
Metric ID:
selling_general_and_administrativeHistorical Data
19 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.37B | $6.43B | $6.17B | $6.43B | $6.61B | $6.66B | $6.47B | $6.55B | $6.36B | $6.92B | $6.65B | $6.68B | $6.67B | $7.14B | $7.21B | $7.73B | $7.53B | $7.76B | $7.64B |
| QoQ Change | — | +0.9% | -4.1% | +4.3% | +2.8% | +0.7% | -2.8% | +1.3% | -3.0% | +8.8% | -3.8% | +0.5% | -0.2% | +7.2% | +1.0% | +7.1% | -2.5% | +3.1% | -1.6% |
| YoY Change | — | — | — | — | +3.7% | +3.5% | +4.9% | +1.8% | -3.9% | +3.9% | +2.8% | +2.0% | +4.9% | +3.3% | +8.5% | +15.7% | +12.9% | +8.7% | +5.9% |
Range$6.17B – $7.76B
CAGR+4.1%
Avg YoY Growth+5.2%
Median YoY Growth+3.9%
Business Segments
| Segment | Q4 '25 |
|---|---|
| Primary Segment | $6.15B |
| Total | — |
SG&A at Other Companies
Frequently Asked Questions
- What is Home Depot's sg&a?
- Home Depot (HD) reported sg&a of $7.64B in Q3 2025.
- How has Home Depot's sg&a changed year-over-year?
- Home Depot's sg&a increased by 5.9% year-over-year, from $7.21B to $7.64B.
- What is the long-term trend for Home Depot's sg&a?
- Over 3 years (2022 to 2025), Home Depot's sg&a has grown at a 4.2% compound annual growth rate (CAGR), from $25.41B to $28.75B.
- What does sg&a mean?
- The day-to-day costs of running the business and marketing its products.