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

Home Depot's Gross Margin history runs 18 years deep, the most recent figure standing at 33.0% for Q2 2026.

• Quarterly Gross Margin fell 77.0% year-over-year to 33.0% in Q2 2026, while the trailing twelve-month figure through May 2026 was 33.13% (down 22.0% YoY) and the FY2026 annual result came in at 33.32%, down 10.0% from the prior year.
• Gross Margin was 33.0% for Q2 2026 at Home Depot, up from 32.64% 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.
• A 5-year average of 33.38% and a median of 33.39% in 2024 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2024 — Gross Margin jumped 44 bps — and 2026, when it slumped 77 bps.
• Home Depot's 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 dropped by 1 bps to 33.0% in 2026.
• Business Quant data shows HD's Gross Margin at 33.0% in Q2 2026, 32.64% in Q1 2026, and 33.41% in Q4 2025.