Home Depot (HD) Change in Inventory (2009 - 2026)
Home Depot (HD) recorded Change in Inventory of -$604 million in fiscal Q2 2027 (quarter ended Aug 2, 2026), compared with -$998 million a year earlier.
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Analysis
Home Depot (HD) Change in Inventory (2009 - 2026) Analysis & Trends
On a TTM basis, Home Depot's Change in Inventory came in at $1.12 billion as of Aug 2, 2026, down 35.2% year-over-year; for FY2026 (ended Feb 1, 2026), it came in at $1.5 billion, up 101.6% from FY2025.
- Annual Change in Inventory has a five-year compound annual growth rate of -2.0% (FY2021 to FY2026).
- Across earlier fiscal years, Change in Inventory came in at $743 million in FY2025, -$4.14 billion in FY2024, $2.83 billion in FY2023 (-47.6%) and $5.4 billion in FY2022 (+226.1%).
- Quarterly Change in Inventory has ranged from -$2.21 billion in fiscal Q2 2024 to $3.23 billion in fiscal Q1 2023 over the past five years.
- Per Business Quant, the preceding three fiscal quarters came in at $1.44 billion (Q1 2027), -$476 million (Q4 2026) and $769 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,826.22 Bn | 2,342.91 Bn | 104.83 Bn | 1.82 Bn |
| 2 | Home Depot | 312.87 Bn | 306.11 Bn | 16.12 Bn | -604.00 Mn |
| 3 | Tjx Companies | 162.20 Bn | 139.75 Bn | 5.07 Bn | 221.00 Mn |
| 4 | Lowes Companies | 110.98 Bn | 103.94 Bn | 8.58 Bn | -709.00 Mn |
| 5 | Ross Stores | 75.30 Bn | 58.23 Bn | 2.12 Bn | 110.41 Mn |
| 6 | O Reilly Automotive | 74.25 Bn | 73.33 Bn | 2.52 Bn | 160.24 Mn |
| 7 | Target | 70.03 Bn | 64.62 Bn | 8.94 Bn | 932.00 Mn |
| 8 | Autozone | 52.03 Bn | 50.93 Bn | 2.52 Bn | 104.14 Mn |
| 9 | Carvana | 43.27 Bn | 33.76 Bn | 1.38 Bn | 586.00 Mn |
| 10 | JD.com | 38.09 Bn | -82.11 Bn | 8.71 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | -604.00 Mn |
| May 3, 2026 | 1.44 Bn |
| Feb 1, 2026 | -476.00 Mn |
| Nov 2, 2025 | 769.00 Mn |
| Aug 3, 2025 | -998.00 Mn |
| May 4, 2025 | 2.20 Bn |
| Feb 2, 2025 | -368.00 Mn |
| Oct 27, 2024 | 897.00 Mn |
| Jul 28, 2024 | -1.24 Bn |
| Apr 28, 2024 | 1.45 Bn |
| Jan 28, 2024 | -2.01 Bn |
| Oct 29, 2023 | -380.00 Mn |
| Jul 30, 2023 | -2.21 Bn |
| Apr 30, 2023 | 457.00 Mn |
| Jan 29, 2023 | -918.00 Mn |
| Oct 30, 2022 | -261.00 Mn |
| Jul 31, 2022 | 783.00 Mn |
| May 1, 2022 | 3.23 Bn |
| Jan 30, 2022 | 1.53 Bn |
| Oct 31, 2021 | 1.68 Bn |
API Access
Home Depot Change in Inventory 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=change-in-inventory&ticker=HD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=HD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();