Home Depot (HD) Asset Utilization Ratio (2009 - 2026)
Home Depot's Asset Utilization Ratio was 1.56 in fiscal Q2 2027 (quarter ended Aug 2, 2026), down 6.0% from 1.66 a year earlier and down 0.5% from the prior quarter.
Home Depot (HD) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Feb 1, 2026), Asset Utilization Ratio at Home Depot came in at 1.64, down 11.4% from FY2025.
- Asset Utilization Ratio has now declined for three consecutive fiscal years.
- In earlier fiscal years, Asset Utilization Ratio was 1.85 in FY2025 (-7.4%), 2.00 in FY2024 (-6.0%), 2.12 in FY2023 (unchanged) and 2.12 in FY2022 (-2.2%).
- The fiscal Q2 2027 figure marks the lowest quarterly Asset Utilization Ratio since fiscal Q3 2010.
- Compared with a year earlier, Asset Utilization Ratio has declined for three straight quarters, with an average decline of 9.3% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q4 2022 (growth of 8.6%); the worst was fiscal Q3 2025 (a decline of 21.3%).
- Per Business Quant data, HD's Asset Utilization Ratio in the three fiscal quarters before Q2 2027 was 1.56 (Q1 2027), 1.56 (Q4 2026) and 1.61 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 0.73 |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 1.56 |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 1.70 |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 1.63 |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 1.55 |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 1.81 |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 1.08 |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 1.77 |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 0.97 |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | 1.83 |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 1.56 |
| May 3, 2026 | 1.56 |
| Feb 1, 2026 | 1.56 |
| Nov 2, 2025 | 1.61 |
| Aug 3, 2025 | 1.66 |
| May 4, 2025 | 1.67 |
| Feb 2, 2025 | 1.65 |
| Oct 27, 2024 | 1.59 |
| Jul 28, 2024 | 1.73 |
| Apr 28, 2024 | 1.95 |
| Jan 28, 2024 | 2.01 |
| Oct 29, 2023 | 2.02 |
| Jul 30, 2023 | 2.03 |
| Apr 30, 2023 | 2.04 |
| Jan 29, 2023 | 2.05 |
| Oct 30, 2022 | 2.06 |
| Jul 31, 2022 | 2.04 |
| May 1, 2022 | 2.06 |
| Jan 30, 2022 | 2.09 |
| Oct 31, 2021 | 2.05 |
Home Depot Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();