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

Home Depot has reported Tax Rate for 18 years, with the latest figure at 24.86% in Q2 2026.

• For the quarter ending Q2 2026, Tax Rate rose 44.0% year-over-year to 24.86%; the trailing twelve-month figure through May 2026 stood at 24.0% (down 14.0% YoY), and the FY2026 full-year result was 23.9%, up 20.0% from the prior year.
• Tax Rate for Q2 2026 stood at 24.86%, up from 22.04% in the prior quarter.
• The five-year high for Tax Rate was 25.54% in Q1 2022, with the low at 22.04% in Q1 2026.
• Historically, Tax Rate has averaged 23.94% across 5 years, with a median of 24.24% in 2022.
• Annual changes were most pronounced in 2023 — Tax Rate slumped 294 bps — and 2025, when it surged 182 bps.
• Home Depot's Tax Rate stood at 24.43% in 2022, then decreased by 5 bps to 23.31% in 2023, then grew by 5 bps to 24.36% in 2024, then slipped by 0 bps to 24.3% in 2025, then grew by 2 bps to 24.86% in 2026.
• The last three Tax Rate figures came in at 24.86% (Q2 2026), 22.04% (Q1 2026), and 24.3% (Q4 2025), per Business Quant data.