Home Depot (HD) Gross Margin (2009 - 2026)

Home Depot (HD) has reported Gross Margin for 18 consecutive years, with 33.67% the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Gross Margin rose 26.0% year-over-year to 33.67%; the trailing twelve-month figure through Aug 2026 stood at 33.21% (down 14.0% YoY), and the FY2026 full-year result was 33.32%, down 10.0% from the prior year.
• Gross Margin climbed to 33.67% in Q3 2026 per HD's latest filing, from 33.0% in the prior quarter.
• Across five years, Gross Margin topped out at 34.14% in Q2 2024 and bottomed at 32.64% in Q1 2026.
• Historically, Gross Margin has averaged 33.4% across 5 years, with a median of 33.39% in 2024.
• The sharpest annual moves came in 2024 and 2026: Gross Margin surged 44 bps in 2024, then plunged 77 bps in 2026.
• Over 5 years, Gross Margin stood at 34.02% in 2022, then retreated by 1 bps to 33.78% in 2023, then slipped by 1 bps to 33.38% in 2024, then grew by 0 bps to 33.41% in 2025, then rose by 1 bps to 33.67% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 33.67%, 33.0%, and 32.64% for Q3 2026, Q2 2026, and Q1 2026 respectively.