The Home Depot, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $164.68B | $164.70B | $159.50B | $152.67B | $157.40B | $132.11B | $110.23B | $110.23B |
| Plumbing/Electrical/Kitchen | — | — | — | — | — | — | — | — |
| Hardware/Seasonal | — | — | — | — | — | — | — | — |
| Building Materials/Lumber/Millwork | — | — | — | — | — | — | — | — |
| Paint/Flooring | — | — | — | — | — | — | — | — |
| Building Materials | — | — | — | $57.04B | $59.53B | — | — | $39.34B |
| Décor | — | — | — | $50.30B | $52.32B | — | — | $37.39B |
| Hardlines | — | — | — | $45.34B | $45.55B | — | — | $33.50B |
| Cost of Revenue | $109.82B | $106.21B | $101.71B | $104.63B | $100.33B | $87.26B | $72.65B | $71.04B |
| Gross Profit | $54.87B | $53.31B | $50.96B | $52.78B | $50.83B | $44.85B | $37.57B | $37.16B |
| Gross Margin | 33.3% | 32.4% | 31.9% | 34.6% | 32.3% | 34.0% | 34.1% | 33.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $30.70B | $28.75B | $26.60B | $26.28B | $25.41B | $24.45B | $19.74B | $19.51B |
| Operating Income | $20.89B | $21.53B | $21.69B | $24.04B | $23.04B | $18.28B | $15.84B | $15.53B |
| Operating Margin | 12.7% | 13.1% | 13.6% | 15.7% | 14.6% | 13.8% | 14.4% | 14.1% |
| Interest Expense | — | — | $1.94B | $1.62B | $1.35B | $1.35B | $1.20B | $1.05B |
| Pretax Income | $18.60B | $19.41B | $19.92B | $22.48B | $21.74B | $16.98B | $14.72B | $14.56B |
| Income Tax Expense | $4.45B | $4.60B | $4.78B | $5.37B | $5.30B | $4.11B | $3.47B | $3.44B |
| Net Income | $14.16B | $14.81B | $15.14B | $17.11B | $16.43B | $12.87B | $11.24B | $11.12B |
| Net Margin | 8.6% | 9.0% | 9.5% | 11.2% | 10.4% | 9.7% | 10.2% | 10.1% |
| EPS (Basic) | $14.26 | $14.96 | $15.16 | $16.74 | $15.59 | $11.98 | $10.29 | $9.78 |
| EPS (Diluted) | $14.23 | $14.91 | $15.11 | $16.69 | $15.53 | $11.94 | $10.25 | $9.73 |
| Shares Outstanding (Basic) | 993.0M | 990.0M | 999.0M | 1.02B | 1.05B | 1.07B | 1.09B | 1.14B |
| Shares Outstanding (Diluted) | 995.0M | 993.0M | 1.00B | 1.03B | 1.06B | 1.08B | 1.10B | 1.14B |
| Dividends Per Share | $9.20 | $9.00 | $8.36 | $7.60 | $6.60 | $6.00 | $5.44 | $4.12 |