Home Depot (HD): analysis in plain words
Is Home Depot cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Home Depot (HD) is listed on the NYSE and we classify it in retail. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Home Depot according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Home Depot (HD) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $355.44 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 25.4x | Price over earnings per share |
| Revenue growth | +5.7% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 8.4% | Profit for every 100 of sales |
| Net debt / EBITDA | 2.5x | Years of operating profit to repay debt |
| Dividend yield | 2.79% | Annual dividend over price |
| Market cap | $354.6 billion | What the stock market values it at |
The Home Depot figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any HD figure that is not available shows as N/A: we do not estimate it.
How Home Depot makes money
Home Depot runs big-box home improvement stores in the United States, Canada and Mexico. It sells building materials, tools, garden supplies, appliances and decor to do-it-yourself shoppers and to professional contractors, a group it also serves through SRS Distribution. It reports a single segment, with online sales included.
Over the last 12 months, Home Depot brought in revenue of $169.2 billion. For every 100 it sells, Home Depot keeps 32.8 after the direct cost of what it sells (gross margin) and 12.9 after all operating costs (operating margin). With 470,000 full-time employees, that is about $360,000 of revenue per employee.
Home Depot against its sector
To know whether a Home Depot figure is high or low you have to put it next to similar companies. This table compares Home Depot with the median of the 18 retail companies Fintols covers, with data as of November 4, 2026.
| Figure | Home Depot | retail median |
|---|---|---|
| P/E | 25.4x | 26.2x (18) |
| Revenue growth | +5.7% | +7.1% (18) |
| Net margin | 8.4% | 7.2% (18) |
| Dividend yield | 2.79% | 0.78% (18) |
| Net debt / EBITDA | 2.5x | 1.5x (18) |
In short, against the typical retail company, Home Depot grows more slowly, earns a wider margin and pays a higher dividend yield. By size, Home Depot ranks number 4 of 17 retail companies quoted in USD on Fintols.
The bull case for Home Depot
What works in favour of Home Depot, according to its figures as of November 4, 2026:
- Home Depot earns 104.3% a year on its shareholders' money (return on equity).
- For income seekers, Home Depot pays a dividend yielding 2.79% at today's price, using 65% of its profit to fund it.
The main risk for Home Depot
The Home Depot figures as of November 4, 2026 show no clear red flag (no heavy debt, no losses, no falling sales). Its main risk is the one built into its business: price competition, which keeps margins thin, and a slowdown in consumer spending.
Frequently asked questions about Home Depot
Is it a good time to buy Home Depot stock?
Fintols does not tell you whether to buy or sell Home Depot, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Home Depot stock trades at $355.44, 11% below its 52-week high ($397.63) and 28% above its low ($277.15). Its P/E is 25.4x against a retail median of 26.2x, and 22.3x on the earnings analysts expect over the next 12 months. With Home Depot, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Home Depot pay a dividend?
Yes. As of November 4, 2026, Home Depot pays $9.32 per share a year, which at today's price is a yield of 2.79%. It uses 65% of its profit to pay it. Its average dividend yield over the last five years is 2.41%. The retail median on Fintols is 0.78%.
Is Home Depot stock expensive?
It depends on what you compare it with. On P/E, Home Depot trades at 25.4x its last 12 months of earnings: in line with the retail median (26.2x). Including its debt, Home Depot is valued at 16.0x its EBITDA (EV/EBITDA). A high P/E alone does not make Home Depot expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Home Depot's competitors?
On Fintols we compare Home Depot with Costco, Amazon and Walmart, which are also in retail. As of November 4, 2026, Costco is worth $463.7 billion and trades on a P/E of 50.4; Amazon is worth $2.88 trillion and trades on a P/E of 21.5; Walmart is worth $1.03 trillion and trades on a P/E of 46.8. Each has a side-by-side comparison with Home Depot below.
Home Depot competitors
- Costco (COST) analysis · Home Depot vs Costco comparison
- Amazon (AMZN) analysis · Home Depot vs Amazon comparison
- Walmart (WMT) analysis · Home Depot vs Walmart comparison
To understand Home Depot better
- Economic Moats Explained: From Warren Buffett to AI
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like Home Depot: retail stocks, S&P 500 companies and S&P 100 companies. Open the full HD analysis with its valuation and scenarios. Educational content about Home Depot, not investment advice.