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

Home Depot's Tax Rate history runs 18 years deep, the most recent figure standing at 24.86% for Q2 2026.

• Quarterly Tax Rate rose 44.0% year-over-year to 24.86% in Q2 2026, while the trailing twelve-month figure through May 2026 was 24.0% (down 14.0% YoY) and the FY2026 annual result came in at 23.9%, up 20.0% from the prior year.
• Tax Rate was 24.86% for Q2 2026 at Home Depot, up from 22.04% 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.
• A 5-year average of 23.94% and a median of 24.24% in 2022 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2023 — Tax Rate sank 294 bps — and 2025, when it surged 182 bps.
• Home Depot's 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 rose by 2 bps to 24.86% in 2026.
• Business Quant data shows HD's Tax Rate at 24.86% in Q2 2026, 22.04% in Q1 2026, and 24.3% in Q4 2025.