TTM
8.4%
YoY change
-0.69pp
Trough year (FY1985)
1.2%
Peak year (FY2021)
10.9%
Latest annual
8.6%
Net Profit Margin history chart for Home Depot (HD) from 2017 to 2026
Latest: 8.6%
Net Profit Margin change chart for Home Depot (HD) from 2017 to 2026
Latest: -0.69pp
Net Profit Margin history table for Home Depot (HD) from 1986 to 2026
| FY2025 | 8.6% | -0.69pp | ||
| FY2024 | 9.3% | -0.64pp | ||
| FY2023 | 9.9% | -0.95pp | ||
| FY2022 | 10.9% | -0.00pp | ||
| FY2021 | 10.9% | +1.13pp | ||
| FY2020 | 9.7% | -0.46pp | ||
| FY2019 | 10.2% | -0.08pp | ||
| FY2018 | 10.3% | +1.73pp | ||
| FY2017 | 8.6% | +0.14pp | ||
| FY2016 | 8.4% | +0.49pp | ||
| FY2015 | 7.9% | +0.29pp | ||
| FY2014 | 7.6% | +0.80pp | ||
| FY2013 | 6.8% | +0.77pp | ||
| FY2012 | 6.1% | +0.55pp | ||
| FY2011 | 5.5% | +0.61pp | ||
| FY2010 | 4.9% | +0.89pp | ||
| FY2009 | 4.0% | +0.85pp | ||
| FY2008 | 3.2% | -2.51pp | ||
| FY2007 | 5.7% | -1.61pp | ||
| FY2006 | 7.3% | +0.13pp | ||
| FY2005 | 7.2% | +0.32pp | ||
| FY2004 | 6.8% | +0.20pp | ||
| FY2003 | 6.6% | +0.35pp | ||
| FY2002 | 6.3% | +0.61pp | ||
| FY2001 | 5.7% | +0.04pp | ||
| FY2000 | 5.6% | -0.39pp | ||
| FY1999 | 6.0% | +0.70pp | ||
| FY1998 | 5.3% | +0.54pp | ||
| FY1997 | 4.8% | +0.00pp | ||
| FY1996 | 4.8% | +0.07pp | ||
| FY1995 | 4.7% | -0.12pp | ||
| FY1994 | 4.8% | -0.11pp | ||
| FY1993 | 5.0% | -0.13pp | ||
| FY1992 | 5.1% | +0.23pp | ||
| FY1991 | 4.9% | +0.57pp | ||
| FY1990 | 4.3% | +0.22pp | ||
| FY1989 | 4.1% | +0.22pp | ||
| FY1988 | 3.8% | +0.12pp | ||
| FY1987 | 3.7% | +1.36pp | ||
| FY1986 | 2.4% | +1.19pp | ||
| FY1985 | 1.2% | — |
- FY20258.6%-0.69pp
- FY20249.3%-0.64pp
- FY20239.9%-0.95pp
- FY202210.9%-0.00pp
- FY202110.9%+1.13pp
- FY20209.7%-0.46pp
- FY201910.2%-0.08pp
- FY201810.3%+1.73pp
- FY20178.6%+0.14pp
- FY20168.4%+0.49pp
- FY20157.9%+0.29pp
- FY20147.6%+0.80pp
- FY20136.8%+0.77pp
- FY20126.1%+0.55pp
- FY20115.5%+0.61pp
- FY20104.9%+0.89pp
- FY20094.0%+0.85pp
- FY20083.2%-2.51pp
- FY20075.7%-1.61pp
- FY20067.3%+0.13pp
- FY20057.2%+0.32pp
- FY20046.8%+0.20pp
- FY20036.6%+0.35pp
- FY20026.3%+0.61pp
- FY20015.7%+0.04pp
- FY20005.6%-0.39pp
- FY19996.0%+0.70pp
- FY19985.3%+0.54pp
- FY19974.8%+0.00pp
- FY19964.8%+0.07pp
- FY19954.7%-0.12pp
- FY19944.8%-0.11pp
- FY19935.0%-0.13pp
- FY19925.1%+0.23pp
- FY19914.9%+0.57pp
- FY19904.3%+0.22pp
- FY19894.1%+0.22pp
- FY19883.8%+0.12pp
- FY19873.7%+1.36pp
- FY19862.4%+1.19pp
- FY19851.2%—
Net Profit Margin values are taken from Home Depot's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Home Depot (HD)
According to Home Depot's latest reported financial statements, the company's latest reported net margin is 8.4%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Home Depot (HD) most recent annual net margin stands at 8.60% (2025) – contracted 0.7 percentage points year-over-year.
Across the available history, net margin reached its high of 10.87% in 2021 and its low of 1.17% in 1985.
Home Depot Net Profit Margin by Year
Home Depot Net Profit Margin 2025: 8.6%
Home Depot posted net margin of 8.60% in 2025, contracted 0.7 percentage points from 2024.
Home Depot Net Profit Margin 2024: 9.3%
In 2024, Home Depot reported net margin of 9.28%, contracted 0.6 percentage points from 2023.
Home Depot Net Profit Margin 2023: 9.9%
Home Depot net margin in 2023 was 9.92%, contracted 0.9 percentage points from 2022.
Home Depot Net Profit Margin 2022: 10.9%
2022's net margin for Home Depot came in at 10.87%, contracted 0.0 percentage points from 2021.
Home Depot Net Profit Margin 2021: 10.9%
Home Depot net margin in 2021 was 10.87%.
See more financial history for Home Depot (HD).
Sector peers by Net Profit Margin
Consumer Cyclical peers of Home Depot (HD), ranked by their latest net margin
| 31.6% | |
| 22.2% | |
| 21.5% | |
| 12.2% | |
| 10.1% | |
| 9.4% | |
| 4.0% | |
| 3.9% |
- 31.6%
- 21.5%
- 12.2%
- 10.1%
- 4.0%
- 3.9%
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