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

Home Depot (HD) has reported Net Margin for 18 consecutive years, with 9.96% the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Net Margin fell 9.0% year-over-year to 9.96%; the trailing twelve-month figure through Aug 2026 stood at 8.41% (down 45.0% YoY), and the FY2026 full-year result was 8.6%, down 69.0% from the prior year.
• Net Margin grew to 9.96% in Q3 2026 per HD's latest filing, from 7.88% in the prior quarter.
• Across five years, Net Margin topped out at 11.81% in Q3 2022 and bottomed at 6.73% in Q1 2026.
• Historically, Net Margin has averaged 9.53% across 5 years, with a median of 9.89% in 2024.
• The sharpest annual moves came in 2022 and 2024: Net Margin surged 53 bps in 2022, then slumped 133 bps in 2024.
• Over 5 years, Net Margin stood at 11.16% in 2022, then fell by 9 bps to 10.1% in 2023, then retreated by 10 bps to 9.07% in 2024, then dropped by 4 bps to 8.71% in 2025, then increased by 14 bps to 9.96% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 9.96%, 7.88%, and 6.73% for Q3 2026, Q2 2026, and Q1 2026 respectively.