HDHome Depot

Consumer discretionary · Home Improvement Retail · NYSE

The Home Depot, Inc. is the world’s largest home improvement retailer based on net sales for fiscal 2025. 10-K, Item 1

Employees: 472,400
Headquarters: Atlanta, GA
Next results: around Nov 17, 2026

The biggest changes in the 10-K filed 2026-03-18, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.

Cash from operations

-17.6% Big change FY to 2026-02-01 vs 2025-02-02

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Operating margin

13.5% → 12.7% (-0.8 pts) FY to 2026-02-01 vs 2025-02-02

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Net income

-4.4% FY to 2026-02-01 vs 2025-02-02

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Revenue

+3.2% FY to 2026-02-01 vs 2025-02-02

“Net sales also increased due to sales from new stores and the impact of a positive comparable sales environment.”
Read it in the 10-K ↗

“Our comparable sales results reflect customer engagement with smaller home improvement projects, which was offset by the impact of continued macroeconomic uncertainties and other macroeconomic factors, including a persisting high interest rate environment, that continue to pressure broader home improvement demand.”
Read it in the 10-K ↗

Gross margin

33.4% → 33.3% (-0.1 pts) FY to 2026-02-01 vs 2025-02-02

“The decrease in gross profit margin reflects the inclusion of SRS and GMS in our consolidated results, partially offset by lower shrink and certain supply chain benefits within our Primary segment.”
Read it in the 10-K ↗

Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗

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