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Home Depot, Inc.. (HD) Stock Fundamental Analysis & AI Rating 2026

HD NYSE Retail-Lumber & Other Building Materials Dealers DE CIK: 0000354950
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2026-02-01
Combined AI Rating
BUY
80% Confidence
STRONG AGREEMENT
BUY
78% Conf
BUY
81% Conf

📊 HD Key Takeaways

Revenue: $164.7B
Net Margin: 8.6%
Free Cash Flow: $12.6B
Current Ratio: 1.06x
Debt/Equity: 3.86x
EPS: $14.23
AI Rating: BUY with 78% confidence
Home Depot, Inc.. (HD) receives a BUY rating with 80% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $164.7B, net profit margin of 8.6%, and return on equity (ROE) of 110.5%, Home Depot, Inc.. demonstrates strong fundamentals in the Consumer sector. Below is our complete HD stock analysis for 2026.

Is Home Depot, Inc.. (HD) a Good Investment?

Claude

Home Depot demonstrates strong operational fundamentals with robust profitability margins, excellent cash generation capability, and effective capital returns to shareholders evidenced by exceptional ROE of 110.5%. However, revenue growth deceleration (+3.2% YoY) combined with declining net income (-4.4% YoY) and elevated leverage (3.86x debt/equity) warrant cautious optimism, requiring monitoring of same-store sales trends and debt reduction initiatives.

ChatGPT

Home Depot shows high-quality core fundamentals with strong gross and operating margins, excellent interest coverage, and substantial free cash flow generation. Revenue is still growing, but declining net income and EPS indicate some pressure below the top line, likely from margin, financing, or cost headwinds. Overall, the business remains fundamentally strong, though leverage and slower earnings momentum keep it from the highest rating.

Why Buy Home Depot, Inc.. Stock? HD Key Strengths

Claude
  • + Exceptional return on equity (110.5%) and ROA (13.5%) demonstrate highly efficient capital deployment
  • + Strong free cash flow generation ($12.6B) with healthy 7.7% FCF margin provides flexibility for dividends and debt reduction
  • + Solid operating margins (12.7%) and gross margins (33.3%) reflect pricing power and operational efficiency
  • + Outstanding interest coverage ratio (43.1x) indicates strong ability to service debt obligations
  • + Significant insider activity (25 Form 4 filings) suggesting management confidence
ChatGPT
  • + Strong profitability with 33.3% gross margin, 12.7% operating margin, and 8.6% net margin
  • + Robust cash generation with $16.32B operating cash flow and $12.65B free cash flow
  • + Excellent debt servicing capacity with 43.1x interest coverage

HD Stock Risks: Home Depot, Inc.. Investment Risks

Claude
  • ! Revenue growth deceleration to +3.2% YoY coupled with net income decline of -4.4% signals potential demand weakness or margin compression
  • ! High leverage with 3.86x debt/equity ratio and $49.4B long-term debt creates vulnerability to rising interest rates and economic downturns
  • ! Thin quick ratio (0.26x) and modest current ratio (1.06x) indicate potential liquidity pressure despite strong operating cash flow
  • ! Net margin contraction at 8.6% suggests profitability challenges that warrant investigation into cost structure and competitive pressures
ChatGPT
  • ! Net income and diluted EPS declined year over year despite revenue growth, signaling weaker earnings conversion
  • ! High leverage with $49.40B long-term debt and 3.86x debt-to-equity
  • ! Thin liquidity profile with a 0.26x quick ratio and limited cash balance of $1.39B

Key Metrics to Watch

Claude
  • * Same-store sales growth and comparable sales trends to assess demand normalization
  • * Debt/equity ratio trajectory and free cash flow allocation toward debt reduction vs. shareholder returns
  • * Gross margin stability and operating expense leverage in light of revenue growth moderation
  • * Working capital efficiency and cash conversion cycle improvements
ChatGPT
  • * Operating margin and net income trend
  • * Free cash flow and long-term debt levels

Home Depot, Inc.. (HD) Financial Metrics & Key Ratios

Revenue
$164.7B
Net Income
$14.2B
EPS (Diluted)
$14.23
Free Cash Flow
$12.6B
Total Assets
$105.1B
Cash Position
$1.4B

💡 AI Analyst Insight

Home Depot, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

HD Profit Margin, ROE & Profitability Analysis

Gross Margin 33.3%
Operating Margin 12.7%
Net Margin 8.6%
ROE 110.5%
ROA 13.5%
FCF Margin 7.7%

HD vs Consumer Sector: How Home Depot, Inc.. Compares

How Home Depot, Inc.. compares to Consumer sector averages

Net Margin
HD 8.6%
vs
Sector Avg 8.0%
HD Sector
ROE
HD 110.5%
vs
Sector Avg 18.0%
HD Sector
Current Ratio
HD 1.1x
vs
Sector Avg 1.5x
HD Sector
Debt/Equity
HD 3.9x
vs
Sector Avg 0.8x
HD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Home Depot, Inc.. Stock Overvalued? HD Valuation Analysis 2026

Based on fundamental analysis, Home Depot, Inc.. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
110.5%
Sector avg: 18%
Net Profit Margin
8.6%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
3.86x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Home Depot, Inc.. Balance Sheet: HD Debt, Cash & Liquidity

Current Ratio
1.06x
Quick Ratio
0.26x
Debt/Equity
3.86x
Debt/Assets
87.8%
Interest Coverage
43.07x
Long-term Debt
$49.4B

HD Revenue & Earnings Growth: 5-Year Financial Trend

HD 5-year financial data: Year 2021: Revenue $151.2B, Net Income $11.2B, EPS $10.25. Year 2022: Revenue $157.4B, Net Income $12.9B, EPS $11.94. Year 2023: Revenue $157.4B, Net Income $16.4B, EPS $15.53. Year 2024: Revenue $159.5B, Net Income $17.1B, EPS $16.69. Year 2025: Revenue $164.7B, Net Income $15.1B, EPS $15.11.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Home Depot, Inc..'s revenue has shown modest growth of 9% over the 5-year period. The most recent EPS of $15.11 reflects profitable operations.

HD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
7.7%
Free cash flow / Revenue

HD Quarterly Earnings & Performance

Quarterly financial performance data for Home Depot, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $40.2B $3.6B $3.62
Q2 2025 $43.2B $4.6B $4.58
Q1 2025 $36.4B $3.4B $3.45
Q3 2024 $37.7B $3.6B $3.67
Q2 2024 $42.9B $4.6B $4.60
Q1 2024 $36.4B $3.6B $3.63
Q3 2023 $37.7B $3.8B $3.81
Q2 2023 $42.9B $4.7B $4.65

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Home Depot, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$16.3B
Cash generated from operations
Capital Expenditures
$3.7B
Investment in assets
Dividends Paid
$9.2B
Returned to shareholders

HD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Home Depot, Inc.. (CIK: 0000354950)

📋 Recent SEC Filings

Date Form Document Action
Apr 7, 2026 DEF 14A hd-20260406.htm View →
Apr 6, 2026 4 xslF345X06/wk-form4_1775507543.xml View →
Mar 26, 2026 4 xslF345X06/wk-form4_1774558282.xml View →
Mar 26, 2026 4 xslF345X06/wk-form4_1774558240.xml View →
Mar 26, 2026 4 xslF345X06/wk-form4_1774558200.xml View →

Frequently Asked Questions about HD

What is the AI rating for HD?

Home Depot, Inc.. (HD) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are HD's key strengths?

Claude: Exceptional return on equity (110.5%) and ROA (13.5%) demonstrate highly efficient capital deployment. Strong free cash flow generation ($12.6B) with healthy 7.7% FCF margin provides flexibility for dividends and debt reduction. ChatGPT: Strong profitability with 33.3% gross margin, 12.7% operating margin, and 8.6% net margin. Robust cash generation with $16.32B operating cash flow and $12.65B free cash flow.

What are the risks of investing in HD?

Claude: Revenue growth deceleration to +3.2% YoY coupled with net income decline of -4.4% signals potential demand weakness or margin compression. High leverage with 3.86x debt/equity ratio and $49.4B long-term debt creates vulnerability to rising interest rates and economic downturns. ChatGPT: Net income and diluted EPS declined year over year despite revenue growth, signaling weaker earnings conversion. High leverage with $49.40B long-term debt and 3.86x debt-to-equity.

What is HD's revenue and growth?

Home Depot, Inc.. reported revenue of $164.7B.

Does HD pay dividends?

Home Depot, Inc.. pays dividends, with $9,152.0M distributed to shareholders in the trailing twelve months.

Where can I find HD SEC filings?

Official SEC filings for Home Depot, Inc.. (CIK: 0000354950) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is HD's EPS?

Home Depot, Inc.. has a diluted EPS of $14.23.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is HD a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Home Depot, Inc.. has a BUY rating with 80% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is HD stock overvalued or undervalued?

Valuation metrics for HD: ROE of 110.5% (sector avg: 18%), net margin of 8.6% (sector avg: 8%). Higher ROE suggests strong returns relative to peers.

Should I buy HD stock in 2026?

Our dual AI analysis gives Home Depot, Inc.. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is HD's free cash flow?

Home Depot, Inc..'s operating cash flow is $16.3B, with capital expenditures of $3.7B. FCF margin is 7.7%.

How does HD compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 8.6% (avg: 8%), ROE 110.5% (avg: 18%), current ratio 1.06 (avg: 1.5).

Is Home Depot, Inc.. carrying too much debt?

HD has a debt-to-equity ratio of 3.86x, which is above the Consumer sector average of 0.8x. However, the current ratio of 1.06 suggests adequate short-term liquidity.

Why is HD's return on equity (ROE) so high?

Home Depot, Inc.. has a return on equity of 110.5%, significantly above the Consumer sector average of 18%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 8.6% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2026-02-01 | Powered by Claude AI