The Home Depot Inc Tangible Net Worth Ratio
The Home Depot Inc tangible net worth ratio. The Home Depot Inc (HD) has a Tangible Net Worth Ratio of 14.0% as of October 2025. This metric is calculated by deducting intangible assets ($10.42 Billion) from net assets ($12.12 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check The Home Depot Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of The Home Depot Inc (1986–2025)
Tangible net worth ratio of The Home Depot Inc from 1986 to 2025. This chart shows how The Home Depot Inc's Tangible Net Worth Ratio has changed across 37 annual periods from 1986 to 2025. As of October 2025, the ratio stands at 14.0%, reflecting net assets of $12.12 Billion with intangible assets of $10.42 Billion USD. See The Home Depot Inc (HD) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
The Home Depot Inc Tangible Net Worth Ratio by Year (1986–2025)
The Home Depot Inc tangible net worth ratio by year from 1986 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for The Home Depot Inc from 1986 to 2025, covering 37 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see The Home Depot Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -35.3% | $6.64 Billion | $8.98 Billion | $96.12 Billion | ▲ +210.1 pp |
| 2024 | -245.4% | $1.04 Billion | $3.61 Billion | $76.53 Billion | ▼ -132.7 pp |
| 2023 | -112.7% | $1.56 Billion | $3.32 Billion | $76.44 Billion | ▼ -103.3 pp |
| 2021 | -9.5% | $3.30 Billion | $3.61 Billion | $70.58 Billion | ▼ -70.8 pp |
| 2018 | 61.3% | $1.45 Billion | $563.00 Million | $44.53 Billion | ▲ +9.6 pp |
| 2017 | 51.7% | $4.33 Billion | $2.09 Billion | $42.97 Billion | ▼ -15.0 pp |
| 2016 | 66.7% | $6.32 Billion | $2.10 Billion | $42.55 Billion | ▼ -18.8 pp |
| 2015 | 85.5% | $9.32 Billion | $1.35 Billion | $39.95 Billion | ▼ -4.2 pp |
| 2014 | 89.7% | $12.52 Billion | $1.29 Billion | $40.52 Billion | ▼ -3.7 pp |
| 2013 | 93.4% | $17.78 Billion | $1.17 Billion | $41.08 Billion | ▼ -0.3 pp |
| 2012 | 93.7% | $17.90 Billion | $1.12 Billion | $40.52 Billion | ▲ +0.0 pp |
| 2011 | 93.7% | $18.89 Billion | $1.19 Billion | $40.12 Billion | ▼ -0.2 pp |
| 2010 | 94.0% | $19.39 Billion | $1.17 Billion | $40.88 Billion | ▲ +0.3 pp |
| 2009 | 93.6% | $17.78 Billion | $1.13 Billion | $41.16 Billion | ▲ +1.0 pp |
| 2008 | 92.6% | $17.71 Billion | $1.31 Billion | $44.32 Billion | ▲ +20.9 pp |
| 2007 | 71.7% | $25.03 Billion | $7.09 Billion | $52.26 Billion | ▼ -26.9 pp |
| 2006 | 98.5% | $26.91 Billion | $398.00 Million | $44.41 Billion | ▼ -1.4 pp |
| 2005 | 99.9% | $24.16 Billion | $18.00 Million | $38.91 Billion | ▲ +3.6 pp |
| 2004 | 96.3% | $22.41 Billion | $833.00 Million | $34.44 Billion | ▼ -0.8 pp |
| 2003 | 97.1% | $19.80 Billion | $575.00 Million | $30.01 Billion | ▼ -0.6 pp |
| 2002 | 97.7% | $18.08 Billion | $419.00 Million | $26.39 Billion | ▼ -0.2 pp |
| 2001 | 97.9% | $15.02 Billion | $314.00 Million | $21.39 Billion | ▲ +0.4 pp |
| 2000 | 97.5% | $12.35 Billion | $311.00 Million | $17.08 Billion | ▲ +0.5 pp |
| 1999 | 96.9% | $8.75 Billion | $268.00 Million | $13.46 Billion | ▼ -1.1 pp |
| 1998 | 98.1% | $7.21 Billion | $140.00 Million | $11.23 Billion | ▼ -0.5 pp |
| 1997 | 98.6% | $6.05 Billion | $86.50 Million | $9.34 Billion | ▲ +0.3 pp |
| 1996 | 98.3% | $5.06 Billion | $87.20 Million | $7.35 Billion | ▲ +0.8 pp |
| 1995 | 97.5% | $3.49 Billion | $88.50 Million | $5.78 Billion | ▼ -1.8 pp |
| 1994 | 99.3% | $2.81 Billion | $19.50 Million | $4.70 Billion | ▲ +0.2 pp |
| 1993 | 99.1% | $2.30 Billion | $20.10 Million | $3.93 Billion | ▲ +0.4 pp |
| 1992 | 98.8% | $1.69 Billion | $20.80 Million | $2.51 Billion | ▲ +1.9 pp |
| 1991 | 96.9% | $683.40 Million | $21.40 Million | $1.64 Billion | ▲ +1.2 pp |
| 1990 | 95.7% | $512.10 Million | $22.00 Million | $1.12 Billion | ▲ +1.6 pp |
| 1989 | 94.1% | $382.90 Million | $22.70 Million | $699.20 Million | ▲ +1.3 pp |
| 1988 | 92.7% | $320.60 Million | $23.30 Million | $528.30 Million | ▲ +7.4 pp |
| 1987 | 85.3% | $163.00 Million | $23.90 Million | $394.70 Million | ▲ +12.9 pp |
| 1986 | 72.4% | $89.10 Million | $24.60 Million | $380.20 Million | — |