The Home Depot Inc (HD) - Net Assets
Based on the latest financial reports, The Home Depot Inc (HD) has net assets worth $12.12 Billion USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($106.27 Billion) and total liabilities ($94.16 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HD asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.12 Billion |
| % of Total Assets | 11.4% |
| Annual Growth Rate | 11.69% |
| 5-Year Change | 101.27% |
| 10-Year Change | 5.13% |
| Growth Volatility | 106.87 |
The Home Depot Inc - Net Assets Trend (1986–2025)
This chart illustrates how The Home Depot Inc's net assets have evolved over time, based on quarterly financial data. Also explore The Home Depot Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for The Home Depot Inc (1986–2025)
The table below shows the annual net assets of The Home Depot Inc from 1986 to 2025. For live valuation and market cap data, see The Home Depot Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $6.64 Billion | +536.02% |
| 2024-01-31 | $1.04 Billion | -33.16% |
| 2023-01-31 | $1.56 Billion | +192.10% |
| 2022-01-31 | $-1.70 Billion | -151.41% |
| 2021-01-31 | $3.30 Billion | +205.87% |
| 2020-01-31 | $-3.12 Billion | -65.92% |
| 2019-01-31 | $-1.88 Billion | -229.16% |
| 2018-01-31 | $1.45 Billion | -66.44% |
| 2017-01-31 | $4.33 Billion | -31.40% |
| 2016-01-31 | $6.32 Billion | -32.25% |
| 2015-01-31 | $9.32 Billion | -25.56% |
| 2014-01-31 | $12.52 Billion | -29.56% |
| 2013-01-31 | $17.78 Billion | -0.68% |
| 2012-01-31 | $17.90 Billion | -5.25% |
| 2011-01-31 | $18.89 Billion | -2.60% |
| 2010-01-31 | $19.39 Billion | +9.09% |
| 2009-01-31 | $17.78 Billion | +0.36% |
| 2008-01-31 | $17.71 Billion | -29.23% |
| 2007-01-31 | $25.03 Billion | -6.98% |
| 2006-01-31 | $26.91 Billion | +11.39% |
| 2005-01-31 | $24.16 Billion | +7.81% |
| 2004-01-31 | $22.41 Billion | +13.16% |
| 2003-01-31 | $19.80 Billion | +9.51% |
| 2002-01-31 | $18.08 Billion | +20.43% |
| 2001-01-31 | $15.02 Billion | +21.57% |
| 2000-01-31 | $12.35 Billion | +41.17% |
| 1999-01-31 | $8.75 Billion | +21.28% |
| 1998-01-31 | $7.21 Billion | +19.18% |
| 1997-01-31 | $6.05 Billion | +19.52% |
| 1996-01-31 | $5.06 Billion | +44.98% |
| 1995-01-31 | $3.49 Billion | +24.13% |
| 1994-01-31 | $2.81 Billion | +22.13% |
| 1993-01-31 | $2.30 Billion | +36.24% |
| 1992-01-31 | $1.69 Billion | +147.47% |
| 1991-01-31 | $683.40 Million | +33.45% |
| 1990-01-31 | $512.10 Million | +33.74% |
| 1989-01-31 | $382.90 Million | +19.43% |
| 1988-01-31 | $320.60 Million | +96.69% |
| 1987-01-31 | $163.00 Million | +82.94% |
| 1986-01-31 | $89.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Home Depot Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 230062.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $89.53 Billion | 1348.39% |
| Common Stock | $90.00 Million | 1.36% |
| Other Comprehensive Income | $-1.13 Billion | -17.00% |
| Total Equity | $6.64 Billion | 100.00% |
The Home Depot Inc Competitors by Market Cap
The table below lists competitors of The Home Depot Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Applied Materials Inc
NASDAQ:AMAT
|
$315.71 Billion |
|
Agricultural Bank of China Ltd Class A
SHG:601288
|
$323.27 Billion |
|
Palantir Technologies Inc. Class A Common Stock
NYSE:PLTR
|
$324.25 Billion |
|
Procter & Gamble Company
NYSE:PG
|
$338.59 Billion |
|
The Coca-Cola Company
NYSE:KO
|
$312.49 Billion |
|
Palantir Technologies Inc.
NASDAQ:PLTR
|
$311.43 Billion |
|
Cisco Systems Inc
NASDAQ:CSCO
|
$309.49 Billion |
|
GE Aerospace
NYSE:GE
|
$300.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Home Depot Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,044,000,000 to 6,640,000,000, a change of 5,596,000,000 (536.0%).
- Net income of 14,806,000,000 contributed positively to equity growth.
- Dividend payments of 8,929,000,000 reduced retained earnings.
- Share repurchases of 649,000,000 reduced equity.
- New share issuances of 395,000,000 increased equity.
- Other comprehensive income decreased equity by 652,000,000.
- Other factors increased equity by 625,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.81 Billion | +222.98% |
| Dividends Paid | $8.93 Billion | -134.47% |
| Share Repurchases | $649.00 Million | -9.77% |
| Share Issuances | $395.00 Million | +5.95% |
| Other Comprehensive Income | $-652.00 Million | -9.82% |
| Other Changes | $625.00 Million | +9.41% |
| Total Change | $- | 536.02% |
Book Value vs Market Value Analysis
This analysis compares The Home Depot Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 47.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4032.87x to 47.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-01-31 | $0.08 | $315.42 | x |
| 1987-01-31 | $0.14 | $315.42 | x |
| 1988-01-31 | $0.24 | $315.42 | x |
| 1989-01-31 | $0.25 | $315.42 | x |
| 1990-01-31 | $0.32 | $315.42 | x |
| 1991-01-31 | $0.42 | $315.42 | x |
| 1992-01-31 | $0.88 | $315.42 | x |
| 1993-01-31 | $1.21 | $315.42 | x |
| 1994-01-31 | $1.42 | $315.42 | x |
| 1995-01-31 | $1.65 | $315.42 | x |
| 1996-01-31 | $2.32 | $315.42 | x |
| 1997-01-31 | $2.73 | $315.42 | x |
| 1998-01-31 | $3.18 | $315.42 | x |
| 1999-01-31 | $3.84 | $315.42 | x |
| 2000-01-31 | $5.27 | $315.42 | x |
| 2001-01-31 | $6.38 | $315.42 | x |
| 2002-01-31 | $7.68 | $315.42 | x |
| 2003-01-31 | $8.45 | $315.42 | x |
| 2004-01-31 | $9.79 | $315.42 | x |
| 2005-01-31 | $10.90 | $315.42 | x |
| 2006-01-31 | $12.53 | $315.42 | x |
| 2007-01-31 | $12.14 | $315.42 | x |
| 2008-01-31 | $9.54 | $315.42 | x |
| 2009-01-31 | $10.54 | $315.42 | x |
| 2010-01-31 | $11.46 | $315.42 | x |
| 2011-01-31 | $11.39 | $315.42 | x |
| 2012-01-31 | $11.40 | $315.42 | x |
| 2013-01-31 | $11.77 | $315.42 | x |
| 2014-01-31 | $8.73 | $315.42 | x |
| 2015-01-31 | $6.93 | $315.42 | x |
| 2016-01-31 | $4.92 | $315.42 | x |
| 2017-01-31 | $3.51 | $315.42 | x |
| 2018-01-31 | $1.23 | $315.42 | x |
| 2019-01-31 | $-1.64 | $315.42 | x |
| 2020-01-31 | $-2.84 | $315.42 | x |
| 2021-01-31 | $3.06 | $315.42 | x |
| 2022-01-31 | $-1.60 | $315.42 | x |
| 2023-01-31 | $1.52 | $315.42 | x |
| 2024-01-31 | $1.04 | $315.42 | x |
| 2025-01-31 | $6.69 | $315.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Home Depot Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 222.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.28%
- • Asset Turnover: 1.66x
- • Equity Multiplier: 14.48x
- Recent ROE (222.98%) is above the historical average (116.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 9.20% | 1.17% | 1.84x | 4.27x | $-710.00K |
| 1987 | 14.66% | 2.36% | 2.56x | 2.42x | $7.60 Million |
| 1988 | 16.87% | 3.72% | 2.75x | 1.65x | $22.04 Million |
| 1989 | 20.06% | 3.84% | 2.86x | 1.83x | $38.51 Million |
| 1990 | 21.87% | 4.06% | 2.47x | 2.18x | $60.79 Million |
| 1991 | 23.91% | 4.28% | 2.33x | 2.40x | $95.06 Million |
| 1992 | 14.74% | 4.85% | 2.05x | 1.48x | $80.08 Million |
| 1993 | 15.75% | 5.08% | 1.82x | 1.71x | $132.49 Million |
| 1994 | 16.25% | 4.95% | 1.97x | 1.67x | $175.99 Million |
| 1995 | 17.56% | 4.85% | 2.16x | 1.68x | $260.28 Million |
| 1996 | 14.67% | 4.73% | 2.10x | 1.47x | $232.72 Million |
| 1997 | 15.75% | 4.80% | 2.09x | 1.57x | $342.18 Million |
| 1998 | 16.34% | 4.80% | 2.15x | 1.58x | $450.20 Million |
| 1999 | 18.47% | 5.34% | 2.24x | 1.54x | $740.00 Million |
| 2000 | 18.80% | 6.04% | 2.25x | 1.38x | $1.09 Billion |
| 2001 | 17.20% | 5.64% | 2.14x | 1.43x | $1.08 Billion |
| 2002 | 16.83% | 5.68% | 2.03x | 1.46x | $1.24 Billion |
| 2003 | 18.50% | 6.29% | 1.94x | 1.52x | $1.68 Billion |
| 2004 | 19.21% | 6.64% | 1.88x | 1.54x | $2.06 Billion |
| 2005 | 20.70% | 6.84% | 1.88x | 1.61x | $2.59 Billion |
| 2006 | 21.70% | 7.16% | 1.84x | 1.65x | $3.15 Billion |
| 2007 | 23.02% | 7.29% | 1.51x | 2.09x | $3.26 Billion |
| 2008 | 24.81% | 5.68% | 1.75x | 2.50x | $2.62 Billion |
| 2009 | 12.71% | 3.17% | 1.73x | 2.32x | $482.30 Million |
| 2010 | 13.72% | 4.02% | 1.62x | 2.11x | $721.70 Million |
| 2011 | 17.67% | 4.91% | 1.69x | 2.12x | $1.45 Billion |
| 2012 | 21.70% | 5.52% | 1.74x | 2.26x | $2.09 Billion |
| 2013 | 25.51% | 6.07% | 1.82x | 2.31x | $2.76 Billion |
| 2014 | 43.00% | 6.83% | 1.95x | 3.24x | $4.13 Billion |
| 2015 | 68.06% | 7.63% | 2.08x | 4.29x | $5.41 Billion |
| 2016 | 110.97% | 7.92% | 2.08x | 6.74x | $6.38 Billion |
| 2017 | 183.64% | 8.41% | 2.20x | 9.92x | $7.52 Billion |
| 2018 | 593.54% | 8.55% | 2.27x | 30.63x | $8.48 Billion |
| 2019 | 0.00% | 10.28% | 2.46x | 0.00x | $11.31 Billion |
| 2020 | 0.00% | 10.20% | 2.15x | 0.00x | $11.55 Billion |
| 2021 | 390.00% | 9.74% | 1.87x | 21.39x | $12.54 Billion |
| 2022 | 0.00% | 10.87% | 2.10x | 0.00x | $16.60 Billion |
| 2023 | 1095.07% | 10.87% | 2.06x | 48.94x | $16.95 Billion |
| 2024 | 1450.48% | 9.92% | 1.99x | 73.30x | $15.04 Billion |
| 2025 | 222.98% | 9.28% | 1.66x | 14.48x | $14.14 Billion |
Industry Comparison
This section compares The Home Depot Inc's net assets metrics with peer companies in the Home Improvement Retail industry.
Industry Context
- Industry: Home Improvement Retail
- Average net assets among peers: $1,991,720,750
- Average return on equity (ROE) among peers: 10.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Home Depot Inc (HD) | $12.12 Billion | 9.20% | 7.77x | $314.00 Billion |
| Floor & Decor Holdings Inc (FND) | $764.34 Million | 19.71% | 2.37x | $5.20 Billion |
| Haverty Furniture Companies Inc (HVT) | $260.50 Million | 8.39% | 1.15x | $304.70 Million |
| Haverty Furniture Companies Inc (HVT-A) | $291.92 Million | 5.48% | 0.61x | $28.13 Million |
| Kirklands Inc (KIRK) | $117.66 Million | 16.25% | 0.72x | $37.29 Million |
| Live Ventures Inc (LIVE) | $100.14 Million | -0.10% | 3.21x | $37.66 Million |
| Lowe's Companies Inc (LOW) | $14.30 Billion | 19.38% | 0.72x | $126.34 Billion |
| The Brand House Collective, Inc. (TBHC) | $-19.02 Million | 0.00% | 0.00x | $21.11 Million |
| Tile Shop Holdings Inc (TTSH) | $122.22 Million | 12.09% | 1.79x | $126.10 Million |
About The Home Depot Inc
The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, baths, garage doors, cabinets, cabinet make… Read more