Company / Operating Margin
Home Depot (The) Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
12.7%
FY2025
5-year range
12.7% / 15.3%
FY2021-FY2025
Trend
-6.0%
vs FY2024
Sector context
#60 of 185
Consumer Discretionary
What the data says
At 12.7%, Home Depot (The)'s operating margin ranks #60 of 185 in the Consumer Discretionary sector. Operating Margin has declined for 3 consecutive years, from 15.3% in FY2022 to 12.7% in FY2025.
Based on SEC 10-K filings.
12.7% in FY2025 with a 5-year CAGR of -1.2%.
Declined from 14.2% to 12.7% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -2.6pp
- 5-Year Change
- -1.2pp
- 10-Year Change
- -
Sector benchmark
#60 of 185 in Consumer DiscretionaryTop 32% of 185This company 12.7% Sector average 3.3%
▼
+280.2% above sector average
Key checks
Key Insights
- Home Depot (The)'s operating margin has declined for 3 consecutive years.
- In FY2025, operating margin decreased 6.0% year-over-year.
- Currently 9.3pp above the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 3.02 (safe zone, above 2.9 threshold)
- Strong return on equity: 120.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 12.7% | -6.0% |
| FY2024 | 13.5% | -5.1% |
| FY2023 | 14.2% | -6.9% |
| FY2022 | 15.3% | +0.2% |
| FY2021 | 15.2% | +10.1% |
| FY2020 | 13.8% | -3.7% |
| FY2019 | 14.4% | +0.1% |
| FY2018 | 14.3% | -1.4% |
| FY2017 | 14.5% | +2.5% |
| FY2016 | 14.2% | +6.7% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026