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

Home Depot has reported Net Margin for 18 years, with the latest figure at 7.88% in Q2 2026.

• For the quarter ending Q2 2026, Net Margin fell 74.0% year-over-year to 7.88%; the trailing twelve-month figure through May 2026 stood at 8.41% (down 57.0% YoY), and the FY2026 full-year result was 8.6%, down 69.0% from the prior year.
• Net Margin for Q2 2026 stood at 7.88%, up from 6.73% in the prior quarter.
• The five-year high for Net Margin was 11.81% in Q3 2022, with the low at 6.73% in Q1 2026.
• Historically, Net Margin has averaged 9.5% across 5 years, with a median of 9.63% in 2022.
• Annual changes were most pronounced in 2022 — Net Margin jumped 53 bps — and 2024, when it sank 133 bps.
• Home Depot's Net Margin 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.