The Home Depot Inc (HD) — Free Cash Flow Generation Index
The Home Depot Inc (HD) has a Free Cash Flow Generation Index of 0.78x as of October 2025. Free cash flow of $3.11 Billion represents 1% of operating cash flow ($4.01 Billion). Explore The Home Depot Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
The Home Depot Inc Free Cash Flow Generation Index (1990–2025)
Historical FCF Generation Index trend for The Home Depot Inc across 36 annual periods. For the full cash flow conversion analysis, see HD cash flow metrics.
Annual Free Cash Flow Generation for The Home Depot Inc (1990–2025)
Year-by-year Free Cash Flow Generation Index for The Home Depot Inc. Check The Home Depot Inc (HD) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.82x | $16.32 Billion | $19.81 Billion | $3.48 Billion | ▼ -2.8% |
| 2024 | 0.85x | $17.95 Billion | $21.17 Billion | $3.23 Billion | ▲ +7.8% |
| 2023 | 0.79x | $11.50 Billion | $14.62 Billion | $3.12 Billion | ▼ -6.9% |
| 2022 | 0.85x | $14.01 Billion | $16.57 Billion | $2.57 Billion | ▼ -2.8% |
| 2021 | 0.87x | $16.38 Billion | $18.84 Billion | $2.46 Billion | ▲ +8.0% |
| 2020 | 0.80x | $11.04 Billion | $13.72 Billion | $2.68 Billion | ▼ -1.2% |
| 2019 | 0.81x | $10.72 Billion | $13.16 Billion | $2.44 Billion | ▼ -3.3% |
| 2018 | 0.84x | $10.13 Billion | $12.03 Billion | $1.90 Billion | ▲ +1.0% |
| 2017 | 0.83x | $8.16 Billion | $9.78 Billion | $1.62 Billion | ▼ -0.6% |
| 2016 | 0.84x | $7.87 Billion | $9.37 Billion | $1.50 Billion | ▲ +1.8% |
| 2015 | 0.83x | $6.80 Billion | $8.24 Billion | $1.44 Billion | ▲ +0.9% |
| 2014 | 0.82x | $6.24 Billion | $7.63 Billion | $1.39 Billion | ▲ +0.7% |
| 2013 | 0.81x | $5.66 Billion | $6.97 Billion | $1.31 Billion | ▼ -0.6% |
| 2012 | 0.82x | $5.43 Billion | $6.65 Billion | $1.22 Billion | ▲ +7.3% |
| 2011 | 0.76x | $3.49 Billion | $4.58 Billion | $1.10 Billion | ▼ -6.2% |
| 2010 | 0.81x | $4.16 Billion | $5.12 Billion | $966.00 Million | ▲ +21.9% |
| 2009 | 0.67x | $3.68 Billion | $5.53 Billion | $1.85 Billion | ▲ +75.8% |
| 2008 | 0.38x | $2.17 Billion | $5.73 Billion | $3.56 Billion | ▼ -29.6% |
| 2007 | 0.54x | $4.12 Billion | $7.66 Billion | $3.54 Billion | ▲ +30.0% |
| 2006 | 0.41x | $2.74 Billion | $6.62 Billion | $3.88 Billion | ▼ -7.2% |
| 2005 | 0.45x | $2.96 Billion | $6.63 Billion | $3.95 Billion | ▲ +19.6% |
| 2004 | 0.37x | $2.44 Billion | $6.54 Billion | $4.11 Billion | ▼ -12.8% |
| 2003 | 0.43x | $2.05 Billion | $4.80 Billion | $2.75 Billion | ▼ -0.8% |
| 2002 | 0.43x | $2.57 Billion | $5.96 Billion | $3.39 Billion | ▲ +258.1% |
| 2001 | -0.27x | $-762.00 Million | $2.80 Billion | $3.56 Billion | ▼ -393.8% |
| 2000 | -0.06x | $-135.00 Million | $2.45 Billion | $2.58 Billion | ▲ +73.7% |
| 1999 | -0.21x | $-403.00 Million | $1.92 Billion | $2.32 Billion | ▲ +52.1% |
| 1998 | -0.44x | $-452.00 Million | $1.03 Billion | $1.48 Billion | ▼ -412.4% |
| 1997 | -0.09x | $-94.30 Million | $1.10 Billion | $1.19 Billion | ▲ +89.2% |
| 1996 | -0.79x | $-565.10 Million | $713.00 Million | $1.28 Billion | ▲ +25.2% |
| 1995 | -1.06x | $-566.20 Million | $534.50 Million | $1.10 Billion | ▲ +10.2% |
| 1994 | -1.18x | $-467.70 Million | $396.50 Million | $864.20 Million | ▼ -322.5% |
| 1993 | -0.28x | $-94.40 Million | $338.10 Million | $432.50 Million | ▲ +54.9% |
| 1992 | -0.62x | $-165.10 Million | $266.60 Million | $431.70 Million | ▲ +48.5% |
| 1991 | -1.20x | $-217.40 Million | $180.70 Million | $398.10 Million | ▼ -91.4% |
| 1990 | -0.63x | $-73.40 Million | $116.80 Million | $190.20 Million | — |