Home Depot Inc
homedepot.comWhat Do They Do?
Sells home improvement products, building materials and lawn and garden goods to homeowners and professional contractors through stores and online.
10-K for FY2025, filed Mar 18, 2026The Home Depot, Inc. is the world’s largest home improvement retailer based on net sales for fiscal 2025. We offer our customers a wide…View ↗
We serve two primary customer groups — consumers (including both DIY and DIFM customers) and Pros — and have developed varying approaches…View ↗
These customers are primarily professional renovators/remodelers, general contractors, homebuilders, maintenance professionals, handymen…View ↗
How Do They Make Money?
Customers typically pay at checkout for products and services. Product sales are counted when customers take possession; installation and other service sales are counted when the work is complete.
10-K for FY2025, filed Mar 18, 2026We recognize revenue, net of expected returns and sales tax, at the time the customer takes possession of merchandise or when a service is…View ↗
Services revenue is generated through a variety of installation, home maintenance, and professional service programs. In these programs…View ↗
For products and services sold in stores or online, payment is typically due at the point of sale. When we receive payment before the…View ↗
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10-K for FY2025, filed Mar 18, 2026
FY2025 revenue by product or service ↗
$164.7B
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10-K for FY2025, filed Mar 18, 2026
$164.7B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Net sales – products
Sold outright
10-K for FY2025, filed Mar 18, 2026 |
97%
FY2022: 96%
|
Net sales – products, FY2025
$159B Sources
|
Sold outright |
|
Net sales – services
Sold outright
|
3.4%
FY2022: 3.6%
|
Net sales – services, FY2025
$5.7B Sources
|
Sold outright |
Who Are Their Customers?
Homeowners shop in stores and online, and can arrange installation there or through in-home consultations. Professional contractors use stores, digital tools, dedicated sales teams and delivery.
10-K for FY2025, filed Mar 18, 2026These customers are typically homeowners who purchase products and complete their own projects and installations. Our associates assist…View ↗
These customers are primarily professional renovators/remodelers, general contractors, homebuilders, maintenance professionals, handymen…View ↗
We have a number of initiatives designed to drive growth with Pros, including those working on both simple and complex projects. We remain…View ↗
Intersecting our DIY customers and our Pros are our DIFM customers. These customers are typically homeowners who use Pros to complete their…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 9 cents of every revenue dollar as net income in FY2025 and turned 8 cents into free cash flow.
10-K for FY2025, filed Mar 18, 2026
$20.9BView ↗
10-K for FY2025, filed Mar 18, 2026
$14.2BView ↗
10-K for FY2025, filed Mar 18, 2026
$12.6BView ↗
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 25, 2026
Open tableView ↗
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Aug 12, 2026
CEO takes temporary medical leave; executives oversee company operations
The CEO took a temporary medical leave; Ann-Marie Campbell oversees day-to-day operations, while Richard McPhail oversees financial management and the Pro subsidiaries.
Sources
8-K, filed Aug 12, 2026
On August 12, 2026, The Home Depot, Inc. (the “Company” or “Home Depot”) announced that Edward P. Decker, Chair, President and Chief…View ↗
Growing. Revenue grew 9% in 4 years, from $151.2B in FY2021 to $164.7B in FY2025, about 2% a year.
Expanded professional-trade distribution
The business has expanded its professional-trade offering with distribution for roofers, landscapers, pool contractors and interior construction trades; the earlier report described Pros mainly as general contractors, maintenance workers and trades such as electricians, plumbers and painters.
10-K for FY2022, filed Mar 15, 2023 10-K for FY2025, filed Mar 18, 2026These customers are primarily professional renovators/remodelers, general contractors, maintenance professionals, handymen, property…View ↗
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