The Home Depot, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $14.16B | $14.81B | $15.14B | $17.11B | $16.43B | $12.87B | $11.24B | $11.12B |
| Depreciation & Amortization | $3.51B | $3.34B | $3.06B | $2.80B | $2.86B | $2.52B | $2.30B | $2.15B |
| Depreciation | $3.45B | $3.28B | $3.02B | $2.76B | $2.65B | $2.43B | $2.22B | $2.08B |
| Amortization | $607.0M | $425.0M | $186.0M | $179.0M | — | — | — | — |
| Stock-Based Compensation | $522.0M | $442.0M | $380.0M | $366.0M | $399.0M | $310.0M | $251.0M | $282.0M |
| Net Cash from Operating Activities | $16.33B | $19.81B | $21.17B | $14.62B | $16.57B | $18.84B | $13.69B | $13.17B |
| Investing Activities | ||||||||
| Capital Expenditures | $3.68B | $3.49B | $3.23B | $3.12B | $2.57B | $2.46B | $2.68B | $2.44B |
| Business Acquisitions | $5.41B | $17.64B | $1.51B | $0 | $421.0M | $7.78B | $0 | $21.0M |
| Net Cash from Investing Activities | $-8.98B | $-21.03B | $-4.73B | $-3.14B | $-2.97B | $-10.17B | $-2.65B | $-2.42B |
| Financing Activities | ||||||||
| Dividends Paid | $9.15B | $8.93B | $8.38B | $7.79B | $6.99B | $6.45B | $5.96B | $4.70B |
| Stock Repurchases | $0 | $649.0M | $7.95B | $6.70B | $14.81B | $791.0M | $6.97B | $9.96B |
| Net Cash from Financing Activities | $-7.71B | $-694.0M | $-15.44B | $-10.99B | $-19.12B | $-2.98B | $-10.80B | $-12.55B |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $12.65B | $16.33B | $17.95B | $11.50B | $14.01B | $16.38B | $11.01B | $10.72B |