HOME DEPOT, INC. (HD) closed fiscal year 2026 with a gross margin of 33.3 % and a net margin of 8.6 %.
HOME DEPOT, INC. (HD) closed fiscal year 2026 with a gross margin of 33.3 % and a net margin of 8.6 %. The same year shows an EBITDA margin of 15.2 % and an EBIT margin of 12.7 %. The free cash flow margin was 7.7 %. Against the previous year the gross margin moved −0.1 pp and the net margin −0.7 pp. Across the period the gross margin ranges between 33.3 % in 2026 and 34.6 % in 2013. The series covers 19 fiscal years, from 2008 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: January
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 33.61 % | 33.65 % | 33.87 % | 34.27 % | 34.47 % | 34.57 % | 34.15 % | 34.13 % | 34.19 % | 34.16 % | 34.05 % | 34.34 % | 34.09 % | 33.95 % | 33.63 % | 33.53 % | 33.38 % | 33.42 % | 33.32 % |
| EBITDA margin (%) | 11.83 % | 8.78 % | 9.99 % | 11.11 % | 11.85 % | 12.64 % | 13.86 % | 14.73 % | 15.41 % | 16.28 % | 16.59 % | 16.34 % | 16.46 % | 15.74 % | 17.14 % | 17.16 % | 16.33 % | 15.85 % | 15.19 % |
| EBIT margin (%) | 9.36 % | 6.11 % | 7.26 % | 8.59 % | 9.46 % | 10.39 % | 11.63 % | 12.59 % | 13.30 % | 14.19 % | 14.55 % | 14.35 % | 14.37 % | 13.84 % | 15.24 % | 15.27 % | 14.21 % | 13.49 % | 12.68 % |
| Net margin (%) | 5.68 % | 3.17 % | 4.02 % | 4.91 % | 5.52 % | 6.07 % | 6.83 % | 7.63 % | 7.92 % | 8.41 % | 8.55 % | 10.28 % | 10.20 % | 9.74 % | 10.87 % | 10.87 % | 9.92 % | 9.28 % | 8.60 % |
| FCF margin (%) | 2.80 % | 5.16 % | 6.28 % | 5.13 % | 7.71 % | 7.58 % | 7.92 % | 8.18 % | 8.89 % | 8.63 % | 10.04 % | 9.91 % | 9.99 % | 12.40 % | 9.27 % | 7.30 % | 11.75 % | 10.23 % | 7.68 % |
