What is the current annual operating margin of HD?

As of today, HD annual operating margin is 12.69%

What is 1-year change in HD annual operating margin?

HD annual operating margin is down -5.93% year-over-year

What is 3-year change in HD annual operating margin?

HD annual operating margin is down -16.90% over the past 3 years

How far is HD annual operating margin from its all-time high?

HD annual operating margin is currently -58.69% below its historical high of 30.72% set on January 1, 1981

How does HD annual operating margin rank versus sector peers?

HD annual operating margin is higher than 81.72% of companies in Consumer Cyclical sector

When is HD next annual earnings release?

As of today, the next annual earnings release for HD has not been scheduled

What is the current quarterly operating margin of HD?

As of today, HD quarterly operating margin is 14.29%

What is HD quarterly operating margin most recent change?

HD quarterly operating margin was up +19.78% on July 1, 2026

What is 1-year change in HD quarterly operating margin?

HD quarterly operating margin is down -1.31% year-over-year

How far is HD quarterly operating margin from its all-time high?

HD quarterly operating margin is currently -13.18% below its historical high of 16.46% set on July 31, 2022

How does HD quarterly operating margin rank versus sector peers?

HD quarterly operating margin is higher than 76.67% of companies in Consumer Cyclical sector

When is HD next earnings release?

The next earnings release for HD is on November 17, 2026

HD Operating Margin History & Chart Since 1981

Annual Operating Margin

12.69%0.80%-5.93%

January 1, 2026

Summary

Current Value: As of today, HD annual operating margin is 12.69%, down -5.93% on January 1, 2026
Historical Performance: HD annual operating margin is down -16.90% over the past 3 years, down -8.31% over the past 5 years
All-Time High Comparison: HD annual operating margin is currently -58.69% below its historical high of 30.72% set on January 1, 1981
3-Year Low Comparison: HD annual operating margin is at its 3-year low
Sector Comparison: HD annual operating margin is higher than 81.72% of companies in Consumer Cyclical sector

Operating Margin Chart

beforeafter

Performance

HD Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Jan 1, 26	12.69%	-5.9%	-16.9%	-8.3%	+47.6%
Quarterly Operating Margin	Jul 1, 26	14.29%	-1.3%	-6.9%	-11.5%	+24.5%
Price	Sep 4, 26	$321.05	-22.0%	-3.6%	-2.8%	+897.7%
PE Ratio	Sep 4, 26	22.47	-19.7%	+8.0%	-3.3%	+55.7%
Annual Revenue	Jan 1, 26	$164.68B	+3.2%	+4.6%	+24.7%	+142.2%
Annual Operating Profit	Jan 1, 26	$20.89B	-3.0%	-13.1%	+14.3%	+257.2%
Annual Gross Margin	Jan 1, 26	31.33%	-0.6%	-2.0%	-3.1%	-1.8%
Annual Net Margin	Jan 1, 26	8.60%	-7.3%	-20.9%	-11.7%	+75.2%

Operating Margin Highs

HD Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	15.27%	N/A	-16.9%
5Y	15.27%	Jan 31, 23	-16.9%
All	30.72%	Jan 1, 81	-58.7%

Operating Margin Lows

HD Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	12.69%	Jan 1, 26	at low
5Y	12.69%	Jan 1, 26	at low
All	2.72%	Jan 31, 86	+366.5%

Operating Margin History

Year	Value	Change
2026	12.69%	-5.9%
2025	13.49%	-5.1%
2024	14.21%	-6.9%
2023	15.27%	+0.2%
2022	15.24%	+10.1%
2021	13.84%	-3.7%
2020	14.37%	-1.4%
2019	14.58%	-1.0%
2018	14.72%	+3.4%
2017	14.23%	+5.8%
2016	13.45%	+6.5%
2015	12.63%	+8.6%
2014	11.63%	+9.9%
2013	10.58%	+11.0%
2012	9.53%	+10.8%
2011	8.60%	+15.0%
2010	7.48%	+0.4%
2009	7.45%	-20.4%
2008	9.36%	-16.6%
2007	11.22%	-3.3%
2006	11.60%	+7.0%
2005	10.84%	+2.7%
2004	10.56%	+5.5%

Year	Value	Change
2003	10.01%	+9.4%
2002	9.15%	-0.1%
2001	9.16%	-7.2%
2000	9.87%	+12.0%
1999	8.81%	+5.5%
1998	8.35%	+6.4%
1997	7.85%	+2.9%
1996	7.63%	-3.5%
1995	7.91%	+3.4%
1994	7.65%	-0.5%
1993	7.69%	+3.5%
1992	7.43%	+6.8%
1991	6.96%	+4.0%
1990	6.69%	+5.5%
1989	6.34%	-6.2%
1988	6.76%	+17.4%
1987	5.76%	+111.8%
1986	2.72%	-53.2%
1985	5.81%	-10.8%
1984	6.51%	-20.6%
1983	8.20%	+85.5%
1982	4.42%	-85.6%
1981	30.72%	-

FAQ

What is the current annual operating margin of HD?: As of today, HD annual operating margin is 12.69%
What is 1-year change in HD annual operating margin?: HD annual operating margin is down -5.93% year-over-year
What is 3-year change in HD annual operating margin?: HD annual operating margin is down -16.90% over the past 3 years
How far is HD annual operating margin from its all-time high?: HD annual operating margin is currently -58.69% below its historical high of 30.72% set on January 1, 1981
How does HD annual operating margin rank versus sector peers?: HD annual operating margin is higher than 81.72% of companies in Consumer Cyclical sector
When is HD next annual earnings release?: As of today, the next annual earnings release for HD has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

14.29%2.36%+19.78%

July 1, 2026

Summary

Current Value: As of today, HD quarterly operating margin is 14.29%, up +19.78% on July 1, 2026
Historical Performance: HD quarterly operating margin is down -1.31% year-over-year, down -6.91% over the past 3 years
All-Time High Comparison: HD quarterly operating margin is currently -13.18% below its historical high of 16.46% set on July 31, 2022
3-Year Low Comparison: HD quarterly operating margin is +41.77% above its 3-year low of 10.08% reached on January 1, 2026
Sector Comparison: HD quarterly operating margin is higher than 76.67% of companies in Consumer Cyclical sector

Performance

HD Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jul 1, 26	14.29%	+19.8%	-1.3%	-6.9%	-11.5%
Annual Operating Margin	Jan 1, 26	12.69%	–	-5.9%	-16.9%	-8.3%
Price	Sep 4, 26	$321.05	+3.6%	-22.0%	-3.6%	-2.8%
PE Ratio	Sep 4, 26	22.47	+2.1%	-19.7%	+8.0%	-3.3%
Quarterly Revenue	Jul 1, 26	$47.86B	+14.6%	+5.7%	+11.5%	+16.4%
Quarterly Operating Profit	Jul 1, 26	$6.84B	+37.3%	+4.3%	+3.8%	+3.0%
Quarterly Gross Margin	Jul 1, 26	31.89%	+2.9%	+0.8%	+1.3%	+0.3%
Quarterly Net Margin	Jul 1, 26	9.96%	+26.4%	-0.9%	-8.3%	-14.8%

Quarterly Operating Margin Highs

HD Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	14.48%	N/A	-1.3%
3Y	15.35%	N/A	-6.9%
5Y	16.46%	Jul 31, 22	-13.2%
All	16.46%	Jul 31, 22	-13.2%

Quarterly Operating Margin Lows

HD Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	10.08%	Jan 1, 26	+41.8%
3Y	10.08%	Jan 1, 26	+41.8%
5Y	10.08%	Jan 1, 26	+41.8%
All	-262.41%	Jan 31, 88	+105.5%

Quarterly Operating Margin History

Month	Value	Change
Jul 2026	14.29%	+19.8%
Apr 2026	11.93%	+18.4%
Jan 2026	10.08%	-22.2%
Oct 2025	12.95%	-10.6%
Jul 2025	14.48%	+12.4%
Apr 2025	12.88%	+13.8%
Jan 2025	11.32%	-16.0%
Oct 2024	13.47%	-11.0%
Jul 2024	15.13%	+8.5%
Apr 2024	13.95%	+17.1%
Jan 2024	11.91%	-16.9%
Oct 2023	14.34%	-6.6%
Jul 2023	15.35%	+3.0%
Apr 2023	14.90%	+12.4%
Jan 2023	13.26%	-16.2%
Oct 2022	15.82%	-3.9%
Jul 2022	16.46%	+8.0%
Apr 2022	15.24%	+12.8%
Jan 2022	13.51%	-14.2%
Oct 2021	15.74%	-2.5%
Jul 2021	16.15%	+4.7%
Apr 2021	15.42%	+21.8%
Jan 2021	12.66%	-12.5%
Oct 2020	14.47%	-9.2%
Jul 2020	15.94%	+37.5%
Apr 2020	11.59%	-12.2%
Jan 2020	13.20%	-9.0%
Oct 2019	14.50%	-8.7%
Jul 2019	15.88%	+16.5%
Apr 2019	13.63%	-0.4%
Jan 2019	13.68%	-7.0%
Oct 2018	14.71%	-8.6%
Jul 2018	16.09%	+18.7%
Apr 2018	13.55%	-0.6%
Jan 2018	13.63%	-9.9%
Oct 2017	15.12%	-4.8%
Jul 2017	15.88%	+13.3%
Apr 2017	14.02%	+6.0%
Jan 2017	13.23%	-8.4%
Oct 2016	14.44%	-6.9%
Jul 2016	15.51%	+14.6%
Apr 2016	13.53%	+11.0%
Jan 2016	12.19%	-11.3%
Oct 2015	13.75%	-8.7%
Jul 2015	15.06%	+20.9%
Apr 2015	12.46%	+8.7%
Jan 2015	11.46%	-8.9%
Oct 2014	12.58%	-13.1%
Jul 2014	14.48%	+25.2%
Apr 2014	11.57%	+16.3%
Jan 2014	9.95%	-15.5%
Oct 2013	11.78%	-12.1%
Jul 2013	13.40%	+22.4%
Apr 2013	10.95%	+15.5%
Jan 2013	9.48%	-9.5%
Oct 2012	10.47%	-16.2%
Jul 2012	12.49%	+29.8%
Apr 2012	9.62%	+15.1%
Jan 2012	8.36%	-11.1%
Oct 2011	9.40%	-18.1%
Jul 2011	11.48%	+36.2%
Apr 2011	8.43%	+23.1%
Jan 2011	6.85%	-21.6%
Oct 2010	8.74%	-17.5%
Jul 2010	10.60%	+37.0%
Apr 2010	7.74%	+55.1%
Jan 2010	4.99%	-35.8%
Oct 2009	7.77%	-20.1%
Jul 2009	9.72%	+43.4%
Apr 2009	6.78%	+51.7%
Jan 2009	4.47%	-40.1%
Oct 2008	7.46%	-24.0%
Jul 2008	9.81%	+38.2%
Apr 2008	7.10%	+0.4%
Jan 2008	7.07%	-24.0%
Oct 2007	9.30%	-19.3%
Jul 2007	11.53%	+27.8%

Month	Value	Change
Apr 2007	9.02%	+7.8%
Jan 2007	8.37%	-26.0%
Oct 2006	11.31%	-12.3%
Jul 2006	12.90%	+14.3%
Apr 2006	11.29%	+7.2%
Jan 2006	10.53%	-12.0%
Oct 2005	11.97%	-6.0%
Jul 2005	12.74%	+14.9%
Apr 2005	11.09%	+11.8%
Jan 2005	9.92%	-9.4%
Oct 2004	10.95%	-11.0%
Jul 2004	12.31%	+23.7%
Apr 2004	9.95%	-0.3%
Jan 2004	9.98%	-9.1%
Oct 2003	10.98%	-4.4%
Jul 2003	11.48%	+19.7%
Apr 2003	9.59%	+15.7%
Jan 2003	8.29%	-19.8%
Oct 2002	10.34%	-10.3%
Jul 2002	11.53%	+20.9%
Apr 2002	9.54%	+14.8%
Jan 2002	8.31%	-12.2%
Oct 2001	9.46%	-7.8%
Jul 2001	10.26%	+21.9%
Apr 2001	8.42%	+16.1%
Jan 2001	7.25%	-20.6%
Oct 2000	9.13%	-15.2%
Jul 2000	10.77%	+17.7%
Apr 2000	9.15%	-9.7%
Jan 2000	10.13%	+6.5%
Oct 1999	9.51%	-11.1%
Jul 1999	10.70%	+18.2%
Apr 1999	9.05%	-4.2%
Jan 1999	9.45%	+12.8%
Oct 1998	8.38%	-11.4%
Jul 1998	9.46%	+20.4%
Apr 1998	7.86%	-24.8%
Jan 1998	10.45%	+68.0%
Oct 1997	6.22%	-30.7%
Jul 1997	8.97%	+19.0%
Apr 1997	7.54%	-7.5%
Jan 1997	8.15%	+11.2%
Oct 1996	7.33%	-12.2%
Jul 1996	8.35%	+14.2%
Apr 1996	7.31%	-9.5%
Jan 1996	8.08%	+15.3%
Oct 1995	7.01%	-14.9%
Jul 1995	8.24%	+15.7%
Apr 1995	7.12%	-7.5%
Jan 1995	7.70%	+7.8%
Oct 1994	7.14%	-19.4%
Jul 1994	8.86%	+11.7%
Apr 1994	7.93%	+3.5%
Jan 1994	7.66%	+7.9%
Oct 1993	7.10%	-15.7%
Jul 1993	8.42%	+14.6%
Apr 1993	7.35%	-9.4%
Jan 1993	8.11%	+19.1%
Oct 1992	6.81%	-18.1%
Jul 1992	8.31%	+6.9%
Apr 1992	7.77%	+13.6%
Jan 1992	6.84%	-5.0%
Oct 1991	7.20%	-12.7%
Jul 1991	8.25%	+11.5%
Apr 1991	7.40%	+22.5%
Jan 1991	6.04%	-8.5%
Oct 1990	6.60%	-14.5%
Jul 1990	7.72%	+9.2%
Apr 1990	7.07%	+6.3%
Jan 1990	6.65%	+9.7%
Oct 1989	6.06%	+102.4%
Jan 1989	-256.86%	+2.1%
Jan 1988	-262.41%	-5.8%
Jan 1987	-248.01%	-5.7%
Jan 1986	-234.66%	+5.1%
Jan 1985	-247.27%	-

FAQ

What is the current quarterly operating margin of HD?: As of today, HD quarterly operating margin is 14.29%
What is HD quarterly operating margin most recent change?: HD quarterly operating margin was up +19.78% on July 1, 2026
What is 1-year change in HD quarterly operating margin?: HD quarterly operating margin is down -1.31% year-over-year
How far is HD quarterly operating margin from its all-time high?: HD quarterly operating margin is currently -13.18% below its historical high of 16.46% set on July 31, 2022
How does HD quarterly operating margin rank versus sector peers?: HD quarterly operating margin is higher than 76.67% of companies in Consumer Cyclical sector
When is HD next earnings release?: The next earnings release for HD is on November 17, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

HD Official Website www.homedepot.com
HD Profile on Yahoo Finance finance.yahoo.com/quote/HD
HD Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/hd