Net Income for Home Depot (HD)
According to Home Depot's latest reported financial statements, the company's current net income (TTM) is $14.16B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$14.16B
YoY change
-4.4%
5Y CAGR
+1.9%
Peak year (2022)
$17.11B
Cumulative net income
$208.34B
Net Income history chart for Home Depot (HD) from 1985 to 2025
Net Income history table for Home Depot (HD) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $14.16B | -4.4% | ||
| 2024 | $14.81B | -2.2% | ||
| 2023 | $15.14B | -11.5% | ||
| 2022 | $17.11B | +4.1% | ||
| 2021 | $16.43B | +27.7% | ||
| 2020 | $12.87B | +14.4% | ||
| 2019 | $11.24B | +1.1% | ||
| 2018 | $11.12B | +28.9% | ||
| 2017 | $8.63B | +8.5% | ||
| 2016 | $7.96B | +13.5% | ||
| 2015 | $7.01B | +10.5% | ||
| 2014 | $6.34B | +17.8% | ||
| 2013 | $5.38B | +18.7% | ||
| 2012 | $4.54B | +16.8% | ||
| 2011 | $3.88B | +16.3% | ||
| 2010 | $3.34B | +25.4% | ||
| 2009 | $2.66B | +17.7% | ||
| 2008 | $2.26B | -48.6% | ||
| 2007 | $4.39B | -23.7% | ||
| 2006 | $5.76B | -1.3% | ||
| 2005 | $5.84B | +16.7% | ||
| 2004 | $5.00B | +16.2% | ||
| 2003 | $4.30B | +17.5% | ||
| 2002 | $3.66B | +20.4% | ||
| 2001 | $3.04B | +17.9% | ||
| 2000 | $2.58B | +11.3% | ||
| 1999 | $2.32B | +43.7% | ||
| 1998 | $1.61B | +39.1% | ||
| 1997 | $1.16B | +23.7% | ||
| 1996 | $937.70M | +28.2% | ||
| 1995 | $731.50M | +21.0% | ||
| 1994 | $604.50M | +32.2% | ||
| 1993 | $457.40M | +26.0% | ||
| 1992 | $362.90M | +45.6% | ||
| 1991 | $249.20M | +52.5% | ||
| 1990 | $163.40M | +45.9% | ||
| 1989 | $112.00M | +45.8% | ||
| 1988 | $76.80M | +42.0% | ||
| 1987 | $54.10M | +126.4% | ||
| 1986 | $23.90M | +191.5% | ||
| 1985 | $8.20M | — |
Net Income values are taken from Home Depot's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Home Depot (HD) net income is $14.16B – edged down 4.4% year-over-year.
Across 2020–2025 (5 years), Home Depot net income produced a CAGR of +1.9% – with the latest reading among the more recent periods of the dataset.
Home Depot net income declined from $17.11B in 2022 to $14.16B in 2025, a 17.2% drawdown.
2022 marks the peak net income at $17.11B, with the historical low of $8.20M recorded in 1985.
Among 8 Consumer Cyclical peers, Home Depot (HD) ranks 4th; the peer median for net income is $7.61B.
Home Depot Net Income by Year
Home Depot Net Income 2025: $14.16B
Home Depot net income in 2025 was $14.16B, edged down 4.4% below 2024.
Home Depot Net Income 2024: $14.81B
Home Depot net income in 2024 was $14.81B, edged down 2.2% below 2023.
Home Depot Net Income 2023: $15.14B
Home Depot net income in 2023 was $15.14B, declined 11.5% below 2022.
Home Depot Net Income 2022: $17.11B
Home Depot net income in 2022 was $17.11B, edged up 4.1% from 2021. This figure represents the highest annual value in the available history.
Home Depot Net Income 2021: $16.43B
Home Depot net income in 2021 was $16.43B.
See more financial history for Home Depot (HD).
Sector peers — Net Income
Companies in the same sector as Home Depot, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $130.11B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $96.66B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $77.67B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $8.56B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $6.65B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $5.49B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $5.40B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $3.79B | Consumer Cyclical |
Frequently asked questions
What is Home Depot's net income?
- Latest reported net income for Home Depot (HD) is $14.16B (period ending February 1, 2026).
How has Home Depot net income changed year-over-year?
- Home Depot (HD) net income changed -4.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Home Depot net income?
- Home Depot (HD) net income compound annual growth rate is +1.9% over the most recent 5 years available.
When did Home Depot net income hit its highest annual value?
- Home Depot net income reached its highest annual value of $17.11B in 2022.
What was Home Depot net income in 2024?
- Home Depot (HD) net income in 2024 was $14.81B.
What was Home Depot net income in 2025?
- Home Depot (HD) net income in 2025 was $14.16B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
HD Overview
Company profile, financial tools, and key metrics
HD Revenue Counter
Earns $5,222 every second. See per minute, hour, and day.
HD Earnings Counter
Earns $448.88 per second net profit. See per minute, hour, and day.
HD Economic Scale
Exceeds Morocco's GDP. Compare with world economies.
HD What If Invested
What if you had invested $1,000? See historical returns from any date.
HD How It Makes Money
Discover visual breakdown of $164.68B in revenue — where it comes from and where it goes.
HD Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
HD Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
HD Daily Price Character
Balanced · 49.3% historical win rate (green days). Streaks & record days.
HD Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
HD Stock Split History
13 splits on record. Dates, ratios, and cumulative multiple.
HD Dividend Profile
Yield: 2.86%. Safety: 6/8. See full history.
HD Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
HD Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.