Home Depot (HD) Gross Margin (2009 - 2026)
Home Depot's (HD) quarterly Gross Margin came in at 33.0% in Q2 2026, down 77.0% YoY from 143.46% in Q2 2025, and up 1.11% on a QoQ basis from 32.64% in Q1 2026.
Home Depot (HD) Gross Margin (2009 - 2026) Analysis & Trends
Home Depot (HD) has 18 years of Gross Margin data on file, last reported at 33.0% in 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 rose to 33.0% in Q2 2026, from 32.64% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 34.14% in Q2 2024 to a low of 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 tumbled 77 bps.
- Tracing HD's Gross Margin over 5 years: stood at 34.02% in 2022, then declined by 1 bps to 33.78% in 2023, then retreated by 1 bps to 33.38% in 2024, then advanced by 0 bps to 33.41% in 2025, then decreased by 1 bps to 33.0% in 2026.
- The last three Gross Margin figures came in at 33.0% (Q2 2026), 32.64% (Q1 2026), and 33.41% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Home Depot | 332.39 Bn | 330.79 Bn | 13.78 Bn | 33.00% |
| 2 | Lowes Companies | 121.70 Bn | 120.46 Bn | 7.54 Bn | 32.68% |
| 3 | Floor & Decor Holdings | 5.91 Bn | 5.59 Bn | 603.12 Mn | 48.24% |
| 4 | Haverty Furniture Companies | 407.20 Mn | 302.91 Mn | 119.73 Mn | 61.42% |
| 5 | Live Ventures | 28.32 Mn | 17.42 Mn | 37.10 Mn | 34.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 33.00% |
| Feb 1, 2026 | 32.64% |
| Nov 2, 2025 | 33.41% |
| Aug 3, 2025 | 33.41% |
| May 4, 2025 | 33.77% |
| Feb 2, 2025 | 32.83% |
| Oct 27, 2024 | 33.38% |
| Jul 28, 2024 | 33.39% |
| Apr 28, 2024 | 34.14% |
| Jan 28, 2024 | 33.08% |
| Oct 29, 2023 | 33.78% |
| Jul 30, 2023 | 32.99% |
| Apr 30, 2023 | 33.70% |
| Jan 29, 2023 | 33.28% |
| Oct 30, 2022 | 34.02% |
| Jul 31, 2022 | 33.07% |
| May 1, 2022 | 33.78% |
| Jan 30, 2022 | 33.21% |
| Oct 31, 2021 | 34.12% |
| Aug 1, 2021 | 33.23% |