Home Depot (HD) Tax Rate (2009 - 2026)

Home Depot (HD) has reported Tax Rate for 18 consecutive years, with 24.53% the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Tax Rate rose 32.0% year-over-year to 24.53%; the trailing twelve-month figure through Aug 2026 stood at 24.11% (up 8.0% YoY), and the FY2026 full-year result was 23.9%, up 20.0% from the prior year.
• Tax Rate fell to 24.53% in Q3 2026 per HD's latest filing, from 24.86% in the prior quarter.
• Across five years, Tax Rate topped out at 25.54% in Q1 2022 and bottomed at 22.04% in Q1 2026.
• Historically, Tax Rate has averaged 23.97% across 5 years, with a median of 24.27% in 2022.
• The sharpest annual moves came in 2023 and 2025: Tax Rate tumbled 294 bps in 2023, then soared 182 bps in 2025.
• Over 5 years, Tax Rate stood at 24.43% in 2022, then dropped by 5 bps to 23.31% in 2023, then rose by 5 bps to 24.36% in 2024, then declined by 0 bps to 24.3% in 2025, then grew by 1 bps to 24.53% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 24.53%, 24.86%, and 22.04% for Q3 2026, Q2 2026, and Q1 2026 respectively.