Home Depot (HD) Net Margin (2009 - 2026)
Home Depot's (HD) quarterly Net Margin came in at 7.88% in Q2 2026, down 74.0% YoY from 30.29% in Q2 2025, and up 17.0% on a QoQ basis from 6.73% in Q1 2026.
Home Depot (HD) Net Margin (2009 - 2026) Analysis & Trends
Home Depot (HD) has 18 years of Net Margin data on file, last reported at 7.88% in Q2 2026.
- Quarterly Net Margin fell 74.0% year-over-year to 7.88% in Q2 2026, while the trailing twelve-month figure through May 2026 was 8.41% (down 57.0% YoY) and the FY2026 annual result came in at 8.6%, down 69.0% from the prior year.
- Net Margin rose to 7.88% in Q2 2026, from 6.73% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 11.81% in Q3 2022 to a low of 6.73% in Q1 2026.
- A 5-year average of 9.5% and a median of 9.63% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin jumped 53 bps — and 2024, when it sank 133 bps.
- Tracing HD's Net Margin over 5 years: stood at 11.16% in 2022, then dropped by 9 bps to 10.1% in 2023, then declined by 10 bps to 9.07% in 2024, then decreased by 4 bps to 8.71% in 2025, then declined by 10 bps to 7.88% in 2026.
- The last three Net Margin figures came in at 7.88% (Q2 2026), 6.73% (Q1 2026), and 8.71% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Home Depot | 333.09 Bn | 331.49 Bn | 13.78 Bn | 7.88% |
| 2 | Lowes Companies | 120.50 Bn | 119.25 Bn | 7.54 Bn | 7.05% |
| 3 | Floor & Decor Holdings | 5.82 Bn | 5.50 Bn | 603.12 Mn | 7.67% |
| 4 | Haverty Furniture Companies | 406.31 Mn | 302.02 Mn | 119.73 Mn | 2.72% |
| 5 | Live Ventures | 29.92 Mn | 19.02 Mn | 37.10 Mn | -0.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 7.88% |
| Feb 1, 2026 | 6.73% |
| Nov 2, 2025 | 8.71% |
| Aug 3, 2025 | 10.05% |
| May 4, 2025 | 8.61% |
| Feb 2, 2025 | 7.55% |
| Oct 27, 2024 | 9.07% |
| Jul 28, 2024 | 10.56% |
| Apr 28, 2024 | 9.89% |
| Jan 28, 2024 | 8.05% |
| Oct 29, 2023 | 10.10% |
| Jul 30, 2023 | 10.86% |
| Apr 30, 2023 | 10.40% |
| Jan 29, 2023 | 9.38% |
| Oct 30, 2022 | 11.16% |
| Jul 31, 2022 | 11.81% |
| May 1, 2022 | 10.87% |
| Jan 30, 2022 | 9.38% |
| Oct 31, 2021 | 11.21% |
| Aug 1, 2021 | 11.69% |