Home Depot (HD) Gross Margin (2009 - 2026)
Home Depot's Gross Margin came in at 33.67% for fiscal Q2 2027 (quarter ended Aug 2, 2026), up 0.26 percentage points from 33.41% a year earlier and up 0.67 percentage points from the prior quarter.
Home Depot (HD) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 2, 2026, Home Depot reported Gross Margin of 33.21%, down 0.14 percentage points year-over-year; for FY2026 (ended Feb 1, 2026), it was 33.32%, down 0.10 percentage points from FY2025.
- Gross Margin carries a five-year change of -0.64 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 33.42% in FY2025 (+0.04 pp), 33.38% in FY2024 (-0.15 pp), 33.53% in FY2023 (-0.10 pp) and 33.63% in FY2022 (-0.32 pp).
- The fiscal Q2 2027 figure represents the highest quarterly Gross Margin since fiscal Q1 2026.
- Year-over-year, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.21 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q1 2025 (a gain of 0.44 percentage points), and the weakest in fiscal Q1 2027 (a drop of 0.77 percentage points).
- Business Quant data shows HD's Gross Margin at 33.00% (Q1 2027), 32.64% (Q4 2026) and 33.41% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 52.26% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 33.67% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 33.41% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 33.04% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 33.83% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 33.67% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 51.45% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 18.76% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 52.15% |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | 17.06% |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 33.67% |
| 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% |
Home Depot Gross Margin 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=gross-margin&ticker=HD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=HD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();