TTM
$20.74B
YoY change
-3.0%
5Y CAGR
+2.7%
Peak year (2022)
$24.04B
Cumulative operating income
$414.79B
Operating Income history chart for Home Depot (HD) from 1985 to 2025
Latest: $20.89B
Operating Income growth chart for Home Depot (HD) from 1985 to 2025
Latest: -3.0%
Operating Income history table for Home Depot (HD) from 1985 to 2025
| 2025 | $20.89B | -3.0% | −$636.00M | ||
| 2024 | $21.53B | -0.8% | −$163.00M | ||
| 2024 | $21.53B | -0.8% | −$163.00M | ||
| 2023 | $21.69B | -9.8% | −$2.35B | ||
| 2023 | $21.69B | -9.8% | −$2.35B | ||
| 2022 | $24.04B | +4.3% | +$999.00M | ||
| 2022 | $24.04B | +4.3% | +$999.00M | ||
| 2021 | $23.04B | +26.1% | +$4.76B | ||
| 2021 | $23.04B | +26.1% | +$4.76B | ||
| 2020 | $18.28B | +15.4% | +$2.44B | ||
| 2019 | $15.84B | +2.0% | +$313.00M | ||
| 2018 | $15.53B | +5.8% | +$849.00M | ||
| 2017 | $14.68B | +9.3% | +$1.25B | ||
| 2016 | $13.43B | +14.0% | +$1.65B | ||
| 2015 | $11.77B | +12.5% | +$1.30B | ||
| 2014 | $10.47B | +14.2% | +$1.30B | ||
| 2013 | $9.17B | +18.0% | +$1.40B | ||
| 2012 | $7.77B | +16.6% | +$1.10B | ||
| 2011 | $6.66B | +14.1% | +$822.00M | ||
| 2010 | $5.84B | +21.6% | +$1.04B | ||
| 2009 | $4.80B | +10.2% | +$444.00M | ||
| 2008 | $4.36B | -39.8% | −$2.88B | ||
| 2007 | $7.24B | -18.3% | −$1.62B | ||
| 2006 | $8.87B | -5.3% | −$497.00M | ||
| 2005 | $9.36B | +18.1% | +$1.44B | ||
| 2004 | $7.93B | +15.8% | +$1.08B | ||
| 2003 | $6.85B | +17.4% | +$1.02B | ||
| 2002 | $5.83B | +18.2% | +$898.00M | ||
| 2001 | $4.93B | +17.7% | +$741.00M | ||
| 2000 | $4.19B | +10.4% | +$396.00M | ||
| 1999 | $3.79B | +42.6% | +$1.13B | ||
| 1998 | $2.66B | +33.1% | +$661.00M | ||
| 1997 | $2.00B | +31.1% | +$474.00M | ||
| 1996 | $1.53B | +29.3% | +$346.10M | ||
| 1995 | $1.18B | +19.5% | +$192.70M | ||
| 1994 | $987.20M | +39.7% | +$280.50M | ||
| 1993 | $706.70M | +28.6% | +$157.30M | ||
| 1992 | $549.40M | +43.9% | +$167.70M | ||
| 1991 | $381.70M | +43.7% | +$116.00M | ||
| 1990 | $265.70M | +43.9% | +$81.10M | ||
| 1989 | $184.60M | +45.7% | +$57.90M | ||
| 1988 | $126.70M | +28.9% | +$28.40M | ||
| 1987 | $98.30M | +68.6% | +$40.00M | ||
| 1986 | $58.30M | +206.8% | +$39.30M | ||
| 1985 | $19.00M | — | — |
- 2025$20.89B-3.0%
- 2024$21.53B-0.8%
- 2024$21.53B-0.8%
- 2023$21.69B-9.8%
- 2023$21.69B-9.8%
- 2022$24.04B+4.3%
- 2022$24.04B+4.3%
- 2021$23.04B+26.1%
- 2021$23.04B+26.1%
- 2020$18.28B+15.4%
- 2019$15.84B+2.0%
- 2018$15.53B+5.8%
- 2017$14.68B+9.3%
- 2016$13.43B+14.0%
- 2015$11.77B+12.5%
- 2014$10.47B+14.2%
- 2013$9.17B+18.0%
- 2012$7.77B+16.6%
- 2011$6.66B+14.1%
- 2010$5.84B+21.6%
- 2009$4.80B+10.2%
- 2008$4.36B-39.8%
- 2007$7.24B-18.3%
- 2006$8.87B-5.3%
- 2005$9.36B+18.1%
- 2004$7.93B+15.8%
- 2003$6.85B+17.4%
- 2002$5.83B+18.2%
- 2001$4.93B+17.7%
- 2000$4.19B+10.4%
- 1999$3.79B+42.6%
- 1998$2.66B+33.1%
- 1997$2.00B+31.1%
- 1996$1.53B+29.3%
- 1995$1.18B+19.5%
- 1994$987.20M+39.7%
- 1993$706.70M+28.6%
- 1992$549.40M+43.9%
- 1991$381.70M+43.7%
- 1990$265.70M+43.9%
- 1989$184.60M+45.7%
- 1988$126.70M+28.9%
- 1987$98.30M+68.6%
- 1986$58.30M+206.8%
- 1985$19.00M—
Operating Income 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 Operating Income at Home Depot (HD)
According to Home Depot's latest reported financial statements, the company's current operating income (TTM) is $20.74B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Home Depot (HD) reported operating income of $20.89B – edged down 3.0% year-over-year.
Home Depot operating income has grown on net over the period, with a +2.7% compound annual growth rate over 2022–2025 (5 years).
Between 2022 and 2025, Home Depot operating income declined 13.1%, falling from $24.04B to $20.89B.
$24.04B stands as the all-time-high annual operating income, posted in 2022, against a low of $19.00M during 1985.
Home Depot Operating Income by Year
Home Depot Operating Income 2025: $20.89B
In 2025, Home Depot reported operating income of $20.89B, edged down 3.0% below 2024.
Home Depot Operating Income 2024: $21.53B
Home Depot operating income in 2024 was $21.53B, edged up 0.0% from 2024.
Home Depot Operating Income 2024: $21.53B
Home Depot operating income in 2024 was $21.53B, edged down 0.8% below 2023.
Home Depot Operating Income 2023: $21.69B
2023's operating income for Home Depot came in at $21.69B, edged up 0.0% from 2023.
Home Depot Operating Income 2023: $21.69B
Home Depot operating income in 2023 was $21.69B.
See more financial history for Home Depot (HD).
Sector peers by Operating Income
Consumer Cyclical peers of Home Depot (HD), ranked by their latest operating income
| $79.97B | |
| $13.14B | |
| $12.39B | |
| $10.15B | |
| $9.28B | |
| $8.62B | |
| $7.18B | |
| $4.36B |
- $79.97B
- $13.14B
- $12.39B
- $10.15B
- $9.28B
- $8.62B
- $7.18B
- $4.36B
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