Growth Metrics

Home Depot (HD) Net Margin (2016 - 2026)

Home Depot (HD) has disclosed Net Margin for 17 consecutive years, with 8.71% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Net Margin fell 36.0% year-over-year to 8.71%, compared with a TTM value of 8.77% through Nov 2025, down 68.0%, and an annual FY2025 reading of 9.28%, down 64.0% over the prior year.
  • Net Margin was 8.71% for Q4 2025 at Home Depot, down from 10.05% in the prior quarter.
  • Across five years, Net Margin topped out at 11.81% in Q3 2022 and bottomed at 7.55% in Q1 2025.
  • Average Net Margin over 5 years is 9.96%, with a median of 10.08% recorded in 2025.
  • The sharpest move saw Net Margin soared 311bps in 2021, then tumbled -133bps in 2024.
  • Year by year, Net Margin stood at 11.21% in 2021, then dropped by 0bps to 11.16% in 2022, then fell by -9bps to 10.1% in 2023, then dropped by -10bps to 9.07% in 2024, then dropped by -4bps to 8.71% in 2025.
  • Business Quant data shows Net Margin for HD at 8.71% in Q4 2025, 10.05% in Q3 2025, and 8.61% in Q2 2025.