Home Depot (HD) Change in Inventory (2009 - 2026)
Home Depot's (HD) quarterly Change in Inventory came in at -$604.0 million in Q3 2026, up 39.48% on a YoY basis from -$433.0 million in Q3 2025, and down 142.09% quarter-over-quarter from $1.4 billion in Q2 2026.
Analysis
Home Depot (HD) Change in Inventory (2009 - 2026) Analysis & Trends
Home Depot (HD) has reported Change in Inventory for 18 consecutive years, with -$604.0 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Change in Inventory rose 39.48% year-over-year to -$604.0 million; the trailing twelve-month figure through Aug 2026 stood at $1.1 billion (down 35.18% YoY), and the FY2026 full-year result was $1.5 billion, up 101.62% from the prior year.
- Change in Inventory slipped to -$604.0 million in Q3 2026 per HD's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Change in Inventory topped out at $3.2 billion in Q2 2022 and bottomed at -$2.2 billion in Q3 2023.
- Historically, Change in Inventory has averaged $173.5 million across 5 years, with a median of -$261.0 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Change in Inventory jumped 2611.48% in 2022, then tumbled 381.99% in 2023.
- Over 5 years, Change in Inventory stood at -$261.0 million in 2022, then slumped by 45.59% to -$380.0 million in 2023, then jumped by 336.05% to $897.0 million in 2024, then fell by 14.27% to $769.0 million in 2025, then sank by 178.54% to -$604.0 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered -$604.0 million, $1.4 billion, and -$476.0 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Home Depot | 303.76 Bn | 301.67 Bn | 16.12 Bn | -604.00 Mn |
| 2 | Lowes Companies | 109.83 Bn | 106.43 Bn | 8.58 Bn | -709.00 Mn |
| 3 | Williams Sonoma | 26.32 Bn | 25.29 Bn | 1.01 Bn | - |
| 4 | Floor & Decor Holdings | 5.05 Bn | 4.73 Bn | 603.12 Mn | -7.57 Mn |
| 5 | Rh | 2.52 Bn | 2.44 Bn | 331.26 Mn | -15.37 Mn |
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 |