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Home Depot (HD)
NYSE:HD
US Market

Home Depot (HD) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
May 19, 2026
Before Open (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
3.44
Last Year’s EPS
3.56
Same Quarter Last Year
Based on 21 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 24, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presented a mix of positive operational momentum and near-term financial headwinds. Positives include 3.2% annual revenue growth to $164.7B, stable positive comparable sales, strong digital performance (+~11% online comp sales in Q4), Pro and SRS share gains, record promotional event performance, continued investment in stores and Pro capabilities, and an increased dividend. Offsetting these are margin compression, higher operating expenses as a percent of sales, declines in adjusted EPS (Q4 down ~13% adjusted; FY down ~3.6% adjusted), inventory build and lower turns, and persistent macro pressures (housing affordability, low turnover, and a weak roofing market with shipments down ~28% in Q4). The company provided FY26 guidance calling for modest sales and EPS growth (total sales +2.5% to +4.5%, comps flat to +2%, adjusted EPS flat to +4%) while noting first-half margin impacts from acquisition annualization. Overall, the results show solid strategic progress (digital, Pro, acquisitions) but also notable near-term profitability and macro headwinds that balance the positives.
Company Guidance
Home Depot affirmed fiscal 2026 guidance calling for total sales growth of approximately 2.5%–4.5% and comparable sales flat to +2%, with diluted and adjusted diluted EPS each expected to increase approximately flat to +4%; full-year gross margin ~33.1% (about a 24 bps headwind YoY from GMS annualization), operating margin ~12.4%–12.6% and adjusted operating margin ~12.8%–13%, an effective tax rate of ~24.3% and net interest expense of ~$2.3B. They expect SRS organic sales to grow mid-single-digits, plan to open ~15 new Home Depot stores and 40–50 new SRS locations, and target capital expenditures of roughly 2.5% of sales; they also said first-half comps should be slightly below the second half, Q1 EPS to be mid-single-digit percent negative year-over-year due to acquisition annualization and timing, and first-half gross margin to be down ~50 bps versus last year (with second-half roughly flat).
Annual Revenue Growth
Fiscal 2025 sales of $164.7 billion, up 3.2% versus fiscal 2024, demonstrating top-line growth despite industry headwinds.
Comparable Sales Positive
Total company comparable sales increased 0.3% for the year and 0.4% in Q4; U.S. comps up 0.5% for the year and 0.3% in Q4, reflecting stable underlying demand.
Digital and Interconnected Sales Momentum
Total company online comp sales grew approximately 11% in Q4 year-over-year; over 50% of online orders are fulfilled through stores, and enhancements (e.g., real-time big-and-bulky tracking) improved delivery reliability.
Pro and SRS Momentum
Pro posted positive comps and outperformed DIY in Q4; SRS grew organic sales by a low single-digit percentage in FY25, expanded market share, and is expected to grow organic sales mid-single digits in fiscal 2026.
Record Promotional Event Performance
Gift Center and Black Friday events posted record sales years in Q4, indicating strong event execution and customer engagement.
Capital Allocation and Shareholder Returns
Paid approximately $9.2 billion in dividends during FY25; Board increased quarterly dividend by 1.3% to $2.33 per share (annual $9.32); capital expenditures were ~$3.7 billion for the year with continued targeted investment.
Store and Network Expansion
Opened 12 new stores in FY25 (ending store count 2,359) and plans for ~15 new stores plus 40-50 new SRS locations in FY26, supporting growth and Pro penetration.
High Return on Invested Capital
Computed ROIC for trailing 12 months was approximately 25.7%, demonstrating strong returns despite a decline from 31.3% the prior year.

Home Depot (HD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

HD Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
May 19, 2026
2026 (Q1)
3.44 / -
3.56
Feb 24, 2026
2025 (Q4)
2.53 / 2.72
3.13-13.10% (-0.41)
Nov 18, 2025
2025 (Q3)
3.83 / 3.74
3.78-1.06% (-0.04)
Aug 19, 2025
2025 (Q2)
4.72 / 4.68
4.670.21% (<+0.01)
May 20, 2025
2025 (Q1)
3.60 / 3.56
3.63-1.93% (-0.07)
Feb 25, 2025
2024 (Q4)
3.04 / 3.13
2.8210.99% (+0.31)
Nov 12, 2024
2024 (Q3)
3.65 / 3.78
3.81-0.79% (-0.03)
Aug 13, 2024
2024 (Q2)
4.53 / 4.67
4.650.43% (+0.02)
May 14, 2024
2024 (Q1)
3.60 / 3.63
3.82-4.97% (-0.19)
Feb 20, 2024
2023 (Q4)
2.77 / 2.82
3.3-14.55% (-0.48)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

HD Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 24, 2026
$376.99$384.48+1.99%
Nov 18, 2025
$355.73$334.32-6.02%
Aug 19, 2025
$389.95$402.30+3.17%
May 20, 2025
$372.50$370.21-0.61%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Home Depot (HD) report earnings?
Home Depot (HD) is schdueled to report earning on May 19, 2026, Before Open (Confirmed).
    What is Home Depot (HD) earnings time?
    Home Depot (HD) earnings time is at May 19, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is HD EPS forecast?
          HD EPS forecast for the fiscal quarter 2026 (Q1) is 3.44.

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