Growth Metrics

Home Depot (HD) Tax Rate (2016 - 2026)

Home Depot (HD) has disclosed Tax Rate for 17 consecutive years, with 24.3% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Tax Rate fell 6.0% year-over-year to 24.3%, compared with a TTM value of 24.02% through Nov 2025, up 9.0%, and an annual FY2025 reading of 23.7%, down 29.0% over the prior year.
  • Tax Rate was 24.3% for Q4 2025 at Home Depot, roughly flat from 24.21% in the prior quarter.
  • Across five years, Tax Rate topped out at 25.54% in Q1 2022 and bottomed at 22.6% in Q2 2024.
  • Average Tax Rate over 5 years is 24.01%, with a median of 24.21% recorded in 2023.
  • The sharpest move saw Tax Rate soared 368bps in 2021, then crashed -294bps in 2023.
  • Year by year, Tax Rate stood at 24.5% in 2021, then dropped by 0bps to 24.43% in 2022, then dropped by -5bps to 23.31% in 2023, then rose by 5bps to 24.36% in 2024, then decreased by 0bps to 24.3% in 2025.
  • Business Quant data shows Tax Rate for HD at 24.3% in Q4 2025, 24.21% in Q3 2025, and 24.42% in Q2 2025.