Home Depot’s 2025 Numbers and Future Outlook

Total sales for 2025: $164.7 billion (≈ +3 % YoY)
Net profit: $14.2 billion (down from $14.8 billion in 2024)
EPS: Adjusted earnings per share fell, indicating a marginally weaker core business.

Q4 2025 Highlights

• Quarterly sales: $38.2 billion
  ‑$1.5 billion vs. Q4 2024 (quarter was 13 weeks, missing the extra week that added ≈$2.5 billion last year).
• Comparable sales: +0.4 % overall, +0.3 % in the U.S.

The CEO credited staff efforts but noted that weather and housing‑market uncertainty kept demand steady rather than booming. Storms notably impacted sales; without those disruptions, figures might have been stronger.

Dividend Update

• Quarterly dividend: $2.33 per share (up 1.3 %)
• Annual payout: $9.32
• This marks the 156th consecutive quarter of dividend payments.

Outlook for FY 2026

• Sales growth: 2.5–4.5 %
• Comparable sales: flat to slightly higher
• Store openings: ~15 new stores
• Gross margin: ≈33 %
• Operating margin: ≈12.5 %
• EPS forecast: flat
• Capital projects investment: 2.5 % of sales

Company Snapshot

• Stores: >2,300 across North America
• Employees: nearly 500,000
• Ticker: HD (NYSE)
• Index inclusion: Major U.S. market indexes