HD Stock Analysis: The Home Depot | NYSE

Home Improvement Retail | NYSE, USA | Market Cap: 327.851m USD | 12M Return: -19.8% | US4370761029 | Charts, Fundamentals & Technical Analysis

Building Materials, Home Improvement, Lawn and Garden, Decor
Total Rating 53
Safety 74
Buy Signal -0.62
Home Improvement Retail
Industry Rotation: -3.1
Market Cap: 328B
Avg Turnover: 1.20B
Risk 3d forecast
Volatility25.6%
VaR 5th Pctl4.42%
VaR vs Median4.87%
Reward TTM
Sharpe Ratio-0.99
Rel. Str. IBD16.1
Rel. Str. Peer Group47.7
Character TTM
Beta0.700
Beta Downside0.859
Hurst Exponent0.538
Drawdowns 3y
Max DD28.84%
CAGR/Max DD0.06
CAGR/Mean DD0.17
EPS (Earnings per Share) EPS (Earnings per Share) of HD over the last years for every Quarter: "2021-07": 4.53, "2021-10": 3.92, "2022-01": 3.21, "2022-04": 4.09, "2022-07": 5.05, "2022-10": 4.24, "2023-01": 3.3, "2023-04": 3.82, "2023-07": 4.65, "2023-10": 3.81, "2024-01": 2.82, "2024-04": 3.63, "2024-07": 4.6, "2024-10": 3.67, "2025-01": 3.02, "2025-04": 3.56, "2025-07": 4.68, "2025-10": 3.74, "2026-01": 2.72, "2026-04": 3.43, "2026-07": 4.92,
EPS CAGR: -1.24%
EPS Trend: -67.1%
Last SUE: 2.48
Qual. Beats: 1
Revenue Revenue of HD over the last years for every Quarter: 2021-07: 41118, 2021-10: 36820, 2022-01: 35719, 2022-04: 38908, 2022-07: 43792, 2022-10: 38872, 2023-01: 35831, 2023-04: 37257, 2023-07: 42916, 2023-10: 37710, 2024-01: 34786, 2024-04: 36418, 2024-07: 43175, 2024-10: 40217, 2025-01: 39704, 2025-04: 39856, 2025-07: 45277, 2025-10: 41352, 2026-01: 38198, 2026-04: 41765, 2026-07: 47861,
Rev. CAGR: 4.39%
Rev. Trend: 94.1%
Last SUE: 2.00
Qual. Beats: 1

Warnings

Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +2.3% 48
Feb -4.8% 33
Mar -0.5% 21
Apr +1.3% 15
May -0.8% 18
Jun -0.3% 5
Jul +1.7% 21
Aug -0.7% 28
Sep -0.2% 0
Oct -4.3% 44
Nov +6.4% 44
Dec -0.9% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: HD The Home Depot

The Home Depot, Inc. (HD) is a U.S.-based home improvement retailer operating in the Consumer Discretionary sector, with operations also extending to Canada and Mexico. The company sells building materials, home improvement products, lawn and garden supplies, décor, and maintenance, repair, and operations (MRO) products. Its business model combines traditional big-box retail with a services component, offering installation services across categories such as flooring, HVAC, cabinetry, countertops, and window coverings, as well as tool and equipment rentals. Revenue is generated through two primary customer segments: do-it-yourself (DIY) consumers and do-it-for-me (DIFM) customers, alongside professional contractors, builders, and specialty tradespeople. The companys distribution channels include approximately 2,000 physical stores and a portfolio of branded websites, including homedepot.com, hdsupply.com, and specialty sites for window coverings, pool and landscape supplies, and roofing and building materials. The Home Depot was incorporated in 1978 and is headquartered in Atlanta, Georgia.

Headlines to Watch Out For
  • Mortgage rates decline, reigniting home improvement demand
  • Pro customer segment expansion drives comp sales growth
  • Tariff costs continue pressuring gross margins
Piotroski VR-10 (Strict) 5.0
Net Income: 14.2b TTM > 0 and > 6% of Revenue
FCF/TA: 0.14 > 0.02 and ΔFCF/TA -0.42 > 1.0
NWC/Revenue: 1.61% < 20% (prev 2.75%; Δ -1.14% < -1%)
CFO/TA 0.17 > 3% & CFO 18.8b > Net Income 14.2b
Net Debt (55.8b) to EBITDA (24.3b): 2.30 < 3
Current Ratio: 1.08 > 1.5 & < 3
Outstanding Shares: last quarter (996.0m) vs 12m ago 0.20% < -2%
Gross Margin: 33.21% > 18% (prev 33.35%; Δ -0.14% > 0.5%)
Asset Turnover: 161.6% > 50% (prev 165.0%; Δ -3.42% > 0%)
Interest Coverage Ratio: 8.70 > 6 (EBIT TTM 21.0b / Interest Expense TTM 2.42b)
Altman Z'' 4.62
A: 0.02 (Total Current Assets 37.7b - Total Current Liabilities 35.0b) / Total Assets 109b
B: 0.90 (Retained Earnings 97.9b / Total Assets 109b)
C: 0.20 (EBIT TTM 21.0b / Avg Total Assets 105b)
D: 0.18 (Book Value of Equity 16.6b / Total Liabilities 92.8b)
Altman-Z'' = 4.62 = AA
Beneish M -2.84
DSRI: 1.16 (Receivables 6.96b/5.88b, Revenue 169b/165b)
GMI: 1.00 (GM 33.35% / 33.21%)
AQI: 1.08 (AQ_t 0.31 / AQ_t-1 0.29)
SGI: 1.02 (Revenue 169b / 165b)
TATA: -0.04 (NI 14.2b - CFO 18.8b) / TA 109b)
Beneish M = -2.84 (Cap -4..+1) = A
What is the price of HD shares?

As of September 07, 2026, the stock is trading at USD 321.05 with a total of 2,258,483 shares traded. Over the past week, the price has changed by -2.05%, over one month by -7.13%, over three months by +4.34% and over the past year by -19.81%.

Current recommended Stop Loss: 311.00 (which is 3.1% or 1.4 ATR below the current price).

Is HD a buy, sell or hold?

The Home Depot has received a consensus analysts rating of 4.18. Therefore, it is recommended to buy HD.

  • StrongBuy: 21
  • Buy: 5
  • Hold: 12
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the HD price?
Analysts Target Price 377.5 17.6%
The Home Depot (HD) - Fundamental Data Overview as of 06 September 2026
Market Cap USD = 328b (328b USD * 1.0 USD.USD)
P/E Trailing = 22.9958
P/E Forward = 22.3214
P/S = 1.9379
P/B = 20.1045
P/EG = 1.8687
Revenue TTM = 169b USD
EBIT TTM = 21.0b USD
EBITDA TTM = 24.3b USD
Long Term Debt = 46.3b USD (from longTermDebt, last fiscal year)
Short Term Debt = 12.0b USD (from shortTermDebt, last quarter)
Debt = 57.8b USD (from shortLongTermDebtTotal, last quarter) + Leases 9.65b
Net Debt = 55.8b USD (calculated: Debt 57.8b - CCE 2.08b)
Enterprise Value = 384b USD (328b + Debt 57.8b - CCE 2.08b)
Interest Coverage Ratio = 8.70 (Ebit TTM 21.0b / Interest Expense TTM 2.42b)
EV/FCF = 25.40x (Enterprise Value 384b / FCF TTM 15.1b)
FCF Yield = 3.94% (FCF TTM 15.1b / Enterprise Value 384b)
FCF Margin = 8.93% (FCF TTM 15.1b / Revenue TTM 169b)
Net Margin = 8.41% (Net Income TTM 14.2b / Revenue TTM 169b)
Gross Margin = 33.21% ((Revenue TTM 169b - Cost of Revenue TTM 113b) / Revenue TTM)
Gross Margin QoQ = 33.67% (prev 33.00%)
Tobins Q-Ratio = 3.51 (Enterprise Value 384b / Total Assets 109b)
Interest Expense / Debt = 4.18% (Interest Expense 2.42b / Debt 57.8b)
Taxrate = 24.11% (4.52b / 18.7b)
NOPAT = 16.0b (EBIT 21.0b * (1 - 24.11%))
Current Ratio = 1.08 (Total Current Assets 37.7b / Total Current Liabilities 35.0b)
Debt / Equity = 3.48 (Debt 57.8b / totalStockholderEquity, last quarter 16.6b)
Debt / EBITDA = 2.30 (Net Debt 55.8b / EBITDA 24.3b)
Debt / FCF = 3.69 (Net Debt 55.8b / FCF TTM 15.1b)
Total Stockholder Equity = 13.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.59% (Net Income 14.2b / Total Assets 109b)
RoE = 102.7% (Net Income TTM 14.2b / Total Stockholder Equity 13.9b)
RoCE = 34.92% (EBIT 21.0b / Capital Employed (Equity 13.9b + L.T.Debt 46.3b))
RoIC = 18.93% (NOPAT 16.0b / Invested Capital 84.3b)
WACC = 7.66% (E(328b)/V(386b) * Re(8.45%) + D(57.8b)/V(386b) * Rd(4.18%) * (1-Tc(0.24)))
Discount Rate = 8.45% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.39 | Cagr: 0.18%
[DCF] Terminal Value 76.21% ; FCFF base≈14.8b ; Y1≈15.6b ; Y5≈18.2b
[DCF] Fair Price = 225.0 (EV 280b - Net Debt 55.8b = Equity 225b / Shares 997.7m; r=8.35% [WACC [floored]]; 5y FCF grow 6.12% → 2.50% )
EPS Correlation: -67.10 | EPS CAGR: -1.24% | SUE: 2.48 | # QB: 1
Revenue Correlation: 94.09 | Revenue CAGR: 4.39% | SUE: 2.00 | # QB: 1
EPS current Quarter (2026-10-31): EPS=3.84 | Chg30d=-2.86% | Revisions=+40% | Analysts=30
EPS current Year (2027-01-31): EPS=15.02 | Chg30d=+0.42% | Revisions=+40% | GrowthEPS=+2.2% | GrowthRev=+4.2%
EPS next Year (2028-01-31): EPS=16.04 | Chg30d=-0.33% | Revisions=+17% | GrowthEPS=+6.8% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +50% (up=6, down=1)