Home Depot return on equity (ROE)What is return on equity (ROE)? Return on equity (ROE) is a year of net income divided by shareholders' equity: the profit a company makes on each dollar its owners have in it.
Home Depot's return on equity is 85.62%: net income of 14.23B USD over the last twelve months on shareholders' equity of 16.62B USD.
- Today
- 85.62%
- Average, 5 years
- 1,183.15%
- Low, 5 years
- 85.62%
- High, 5 years
- 7,124.47%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 14.23B ÷ 16.62B = 85.62%
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is Home Depot's return on equity so high?What is DuPont analysis? DuPont analysis splits return on equity into three parts: profit margin, asset turnover and the equity multiplier. It shows whether a high ROE comes from profits, from using assets well, or from debt.
- FY20258.6% × 1.57 × 8.20 = 110.5%
- FY20249.3% × 1.66 × 14.48 = 223.0%
- FY20239.9% × 1.99 × 73.30 = 1,450.5%
- FY202210.9% × 2.06 × 48.94 = 1,095.1%
- FY20209.7% × 1.87 × 21.39 = 390.0%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 85.62% | 14.23B | 16.62B | |
| FY2025 | 1 Feb 2026 | 110.48% | 14.16B | 12.81B |
| FY2024 | 2 Feb 2025 | 222.98% | 14.81B | 6.64B |
| FY2023 | 28 Jan 2024 | 1,450.48% | 15.14B | 1.04B |
| FY2022 | 29 Jan 2023 | 1,095.07% | 17.11B | 1.56B |
| FY2021 | 30 Jan 2022 | — | 16.43B | -1.70B |
| FY2020 | 31 Jan 2021 | 390.00% | 12.87B | 3.30B |
| FY2019 | 31 Jan 2020 | — | 11.24B | -3.12B |
| FY2018 | 31 Jan 2019 | — | 11.12B | -1.88B |
| FY2017 | 31 Jan 2018 | 593.54% | 8.63B | 1.45B |
| FY2016 | 31 Jan 2017 | 183.64% | 7.96B | 4.33B |
| FY2015 | 31 Jan 2016 | 110.97% | 7.01B | 6.32B |
| FY2014 | 31 Jan 2015 | 68.06% | 6.35B | 9.32B |
| FY2013 | 31 Jan 2014 | 43.00% | 5.39B | 12.52B |
| FY2012 | 31 Jan 2013 | 25.51% | 4.54B | 17.78B |
| FY2011 | 31 Jan 2012 | 21.70% | 3.88B | 17.90B |
| FY2010 | 31 Jan 2011 | 17.67% | 3.34B | 18.89B |
| FY2009 | 31 Jan 2010 | 13.72% | 2.66B | 19.39B |
| FY2008 | 31 Jan 2009 | 12.71% | 2.26B | 17.78B |
| FY2007 | 31 Jan 2008 | 24.81% | 4.40B | 17.71B |
| FY2006 | 31 Jan 2007 | 23.02% | 5.76B | 25.03B |
| FY2005 | 31 Jan 2006 | 21.70% | 5.84B | 26.91B |
| FY2004 | 31 Jan 2005 | 20.70% | 5.00B | 24.16B |
| FY2003 | 31 Jan 2004 | 19.21% | 4.30B | 22.41B |
| FY2002 | 31 Jan 2003 | 18.50% | 3.66B | 19.80B |
| FY2001 | 31 Jan 2002 | 16.83% | 3.04B | 18.08B |
| FY2000 | 31 Jan 2001 | 17.20% | 2.58B | 15.00B |
| FY1999 | 31 Jan 2000 | 18.80% | 2.32B | 12.34B |
| FY1998 | 31 Jan 1999 | 18.47% | 1.61B | 8.74B |
| FY1997 | 31 Jan 1998 | 16.34% | 1.16B | 7.10B |
| FY1996 | 31 Jan 1997 | 15.75% | 937.70M | 5.96B |
| FY1995 | 31 Jan 1996 | 14.67% | 731.50M | 4.99B |
| FY1994 | 31 Jan 1995 | 17.56% | 604.50M | 3.44B |
| FY1993 | 31 Jan 1994 | 16.25% | 457.40M | 2.81B |
| FY1992 | 31 Jan 1993 | 15.75% | 362.90M | 2.30B |
| FY1991 | 31 Jan 1992 | 14.74% | 249.20M | 1.69B |
| FY1990 | 31 Jan 1991 | 23.91% | 163.40M | 683.40M |
| FY1989 | 31 Jan 1990 | 21.87% | 112.00M | 512.10M |
| FY1988 | 31 Jan 1989 | 20.06% | 76.80M | 382.90M |
| FY1987 | 31 Jan 1988 | 16.87% | 54.10M | 320.60M |
| FY1986 | 31 Jan 1987 | 14.66% | 23.90M | 163.00M |
| FY1985 | 31 Jan 1986 | 9.20% | 8.20M | 89.10M |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q2 FY2026 | 2 Aug 2026 | 85.62% | 14.23B | 16.62B |
| Q1 FY2026 | 3 May 2026 | 100.99% | 14.01B | 13.87B |
| Q4 FY2025 | 1 Feb 2026 | 110.48% | 14.16B | 12.81B |
| Q3 FY2025 | 2 Nov 2025 | 120.35% | 14.58B | 12.12B |
| Q2 FY2025 | 3 Aug 2025 | 137.17% | 14.63B | 10.67B |
| Q1 FY2025 | 4 May 2025 | 184.02% | 14.64B | 7.96B |
| Q4 FY2024 | 2 Feb 2025 | 222.98% | 14.81B | 6.64B |
| Q3 FY2024 | 27 Oct 2024 | 252.51% | 14.61B | 5.79B |
| Q2 FY2024 | 28 Jul 2024 | 334.21% | 14.77B | 4.42B |
| Q1 FY2024 | 28 Apr 2024 | 817.03% | 14.87B | 1.82B |
| Q4 FY2023 | 28 Jan 2024 | — | — | 1.04B |
| Q3 FY2023 | 29 Oct 2023 | 1,098.18% | 15.70B | 1.43B |
| Q2 FY2023 | 30 Jul 2023 | 1,215.96% | 16.23B | 1.34B |
| Q1 FY2023 | 30 Apr 2023 | 4,626.24% | 16.75B | 362.00M |
| Q4 FY2022 | 29 Jan 2023 | — | — | 1.56B |
| Q3 FY2022 | 30 Oct 2022 | 1,317.03% | 17.10B | 1.30B |
| Q2 FY2022 | 31 Jul 2022 | 7,124.47% | 16.89B | 237.00M |
| Q1 FY2022 | 1 May 2022 | — | 16.52B | -1.71B |
| Q4 FY2021 | 30 Jan 2022 | — | — | -1.70B |
| Q3 FY2021 | 31 Oct 2021 | 1,539.90% | 15.94B | 1.04B |
| Q2 FY2021 | 1 Aug 2021 | 736.64% | 15.24B | 2.07B |
| Q1 FY2021 | 2 May 2021 | 844.74% | 14.77B | 1.75B |
| Q4 FY2020 | 31 Jan 2021 | 390.00% | 12.87B | 3.30B |
| Q3 FY2020 | 1 Nov 2020 | 813.68% | 12.49B | 1.54B |
| Q2 FY2020 | 2 Aug 2020 | — | 11.83B | -414.00M |
| Q1 FY2020 | 3 May 2020 | — | 10.97B | -3.49B |
| Q4 FY2019 | 31 Jan 2020 | — | 11.24B | -3.12B |
| Q3 FY2019 | 3 Nov 2019 | — | 11.11B | -1.08B |
| Q2 FY2019 | 4 Aug 2019 | — | 11.20B | -1.16B |
| Q1 FY2019 | 5 May 2019 | — | 11.23B | -2.14B |
| Q4 FY2018 | 31 Jan 2019 | — | 11.12B | -1.88B |
| Q3 FY2018 | 28 Oct 2018 | 799.70% | 10.56B | 1.32B |
| Q2 FY2018 | 29 Jul 2018 | 490.49% | 9.85B | 2.01B |
| Q1 FY2018 | 29 Apr 2018 | 534.68% | 9.02B | 1.69B |
| Q4 FY2017 | 31 Jan 2018 | 593.54% | 8.63B | 1.45B |
| Q3 FY2017 | 29 Oct 2017 | 337.99% | 8.60B | 2.54B |
| Q2 FY2017 | 30 Jul 2017 | 236.33% | 8.40B | 3.55B |
| Q1 FY2017 | 30 Apr 2017 | 206.16% | 8.17B | 3.96B |
| Q4 FY2016 | 31 Jan 2017 | 183.64% | 7.96B | 4.33B |
| Q3 FY2016 | 30 Oct 2016 | 136.68% | 7.68B | 5.62B |
| Q2 FY2016 | 31 Jul 2016 | 111.76% | 7.44B | 6.66B |
| Q1 FY2016 | 1 May 2016 | 114.18% | 7.23B | 6.34B |
| Q4 FY2015 | 31 Jan 2016 | 110.97% | 7.01B | 6.32B |
| Q3 FY2015 | 1 Nov 2015 | 90.79% | 6.92B | 7.62B |
| Q2 FY2015 | 2 Aug 2015 | 77.91% | 6.73B | 8.64B |
| Q1 FY2015 | 3 May 2015 | 71.11% | 6.55B | 9.20B |
| Q4 FY2014 | 31 Jan 2015 | 68.06% | 6.35B | 9.32B |
| Q3 FY2014 | 2 Nov 2014 | 59.14% | 5.98B | 10.11B |
| Q2 FY2014 | 3 Aug 2014 | 50.56% | 5.79B | 11.46B |
| Q1 FY2014 | 4 May 2014 | 45.60% | 5.54B | 12.15B |
| Q4 FY2013 | 31 Jan 2014 | 43.00% | 5.39B | 12.52B |
| Q3 FY2013 | 3 Nov 2013 | 37.94% | 5.39B | 14.21B |
| Q2 FY2013 | 4 Aug 2013 | 32.23% | 4.99B | 15.48B |
| Q1 FY2013 | 5 May 2013 | 28.83% | 4.73B | 16.39B |
| Q4 FY2012 | 31 Jan 2013 | 25.51% | 4.54B | 17.78B |
| Q3 FY2012 | 28 Oct 2012 | 24.17% | 4.29B | 17.74B |
| Q2 FY2012 | 29 Jul 2012 | 24.24% | 4.28B | 17.63B |
| Q1 FY2012 | 29 Apr 2012 | 22.84% | 4.11B | 17.98B |
| Q4 FY2011 | 31 Jan 2012 | — | — | 17.90B |
| Q3 FY2011 | 30 Oct 2011 | — | — | 17.77B |
| Q2 FY2011 | 31 Jul 2011 | — | — | 18.23B |
| Q1 FY2011 | 1 May 2011 | — | — | 18.20B |
| Q4 FY2010 | 31 Jan 2011 | 17.67% | 3.34B | 18.89B |
| Q3 FY2010 | 31 Oct 2010 | 16.18% | 3.09B | 19.12B |
| Q2 FY2010 | 1 Aug 2010 | 15.16% | 2.95B | 19.45B |
| Q1 FY2010 | 2 May 2010 | 14.83% | 2.87B | 19.37B |
| Q4 FY2009 | 31 Jan 2010 | 13.72% | 2.66B | 19.39B |
| Q3 FY2009 | 1 Nov 2009 | 11.69% | 2.27B | 19.38B |
| Q2 FY2009 | 2 Aug 2009 | 12.17% | 2.33B | 19.17B |
| Q1 FY2009 | 3 May 2009 | 13.44% | 2.42B | 17.99B |
| Q4 FY2008 | 31 Jan 2009 | 12.71% | 2.26B | 17.78B |
| Q3 FY2008 | 2 Nov 2008 | 16.23% | 2.99B | 18.40B |
| Q2 FY2008 | 3 Aug 2008 | 17.80% | 3.32B | 18.65B |
| Q1 FY2008 | 4 May 2008 | 20.93% | 3.71B | 17.71B |
| Q4 FY2007 | 31 Jan 2008 | 24.81% | 4.40B | 17.71B |
| Q3 FY2007 | 28 Oct 2007 | 26.65% | 4.65B | 17.45B |
| Q2 FY2007 | 29 Jul 2007 | 18.58% | 5.05B | 27.18B |
| Q1 FY2007 | 29 Apr 2007 | 20.73% | 5.32B | 25.67B |
| Q4 FY2006 | 31 Jan 2007 | 23.02% | 5.76B | 25.03B |
| Q3 FY2006 | 29 Oct 2006 | 22.05% | 6.12B | 27.76B |
| Q2 FY2006 | 30 Jul 2006 | 21.85% | 5.95B | 27.23B |
| Q1 FY2006 | 30 Apr 2006 | 21.06% | 5.85B | 27.80B |
| Q4 FY2005 | 31 Jan 2006 | 20.87% | 5.62B | 26.91B |
| Q3 FY2005 | 30 Oct 2005 | 20.83% | 5.37B | 25.79B |
| Q2 FY2005 | 31 Jul 2005 | 21.37% | 5.37B | 25.14B |
| Q1 FY2005 | 1 May 2005 | 21.62% | 5.15B | 23.82B |
| Q4 FY2004 | 31 Jan 2005 | 20.70% | 5.00B | 24.16B |
| Q3 FY2004 | 31 Oct 2004 | 20.68% | 4.91B | 23.75B |
| Q2 FY2004 | 1 Aug 2004 | 21.12% | 4.74B | 22.45B |
| Q1 FY2004 | 2 May 2004 | 20.05% | 4.50B | 22.42B |
| Q4 FY2003 | 31 Jan 2004 | 19.21% | 4.30B | 22.41B |
| Q3 FY2003 | 2 Nov 2003 | 18.14% | 4.04B | 22.26B |
| Q2 FY2003 | 3 Aug 2003 | 17.47% | 3.83B | 21.93B |
| Q1 FY2003 | 4 May 2003 | 17.97% | 3.72B | 20.68B |
| Q4 FY2002 | 31 Jan 2003 | 18.50% | 3.66B | 19.80B |
| Q3 FY2002 | 3 Nov 2002 | 18.33% | 3.69B | 20.12B |
| Q2 FY2002 | 4 Aug 2002 | 17.42% | 3.53B | 20.24B |
| Q1 FY2002 | 5 May 2002 | 17.13% | 3.27B | 19.07B |
| Q4 FY2001 | 31 Jan 2002 | 16.83% | 3.04B | 18.08B |
| Q3 FY2001 | 28 Oct 2001 | 16.12% | 2.80B | 17.36B |
| Q2 FY2001 | 29 Jul 2001 | 16.04% | 2.67B | 16.65B |
| Q1 FY2001 | 29 Apr 2001 | 16.52% | 2.58B | 15.65B |
| Q4 FY2000 | 31 Jan 2001 | 17.20% | 2.58B | 15.00B |
| Q3 FY2000 | 30 Oct 2000 | 18.64% | 2.69B | 14.46B |
| Q2 FY2000 | 30 Jul 2000 | 18.85% | 2.62B | 13.89B |
| Q1 FY2000 | 30 Apr 2000 | 18.91% | 2.46B | 13.01B |
| Q4 FY1999 | 31 Jan 2000 | 18.80% | 2.32B | 12.34B |
| Q3 FY1999 | 31 Oct 1999 | 18.36% | 2.16B | 11.77B |
| Q2 FY1999 | 1 Aug 1999 | 19.75% | 1.98B | 10.02B |
| Q1 FY1999 | 2 May 1999 | 18.93% | 1.77B | 9.33B |
| Q4 FY1998 | 31 Jan 1999 | 18.47% | 1.61B | 8.74B |
| Q3 FY1998 | 1 Nov 1998 | 18.08% | 1.50B | 8.32B |
| Q2 FY1998 | 2 Aug 1998 | 17.04% | 1.35B | 7.91B |
| Q1 FY1998 | 3 May 1998 | 16.57% | 1.24B | 7.47B |
| Q4 FY1997 | 31 Jan 1998 | 16.34% | 1.16B | 7.10B |
| Q3 FY1997 | 2 Nov 1997 | 16.20% | 1.10B | 6.81B |
| Q2 FY1997 | 3 Aug 1997 | 16.57% | 1.09B | 6.57B |
| Q1 FY1997 | 4 May 1997 | 16.07% | 1.00B | 6.23B |
| Q4 FY1996 | 31 Jan 1997 | 15.75% | 937.70M | 5.96B |
| Q3 FY1996 | 27 Oct 1996 | 15.27% | 872.00M | 5.71B |
| Q2 FY1996 | 28 Jul 1996 | 15.10% | 826.00M | 5.47B |
| Q1 FY1996 | 28 Apr 1996 | 14.75% | 768.70M | 5.21B |
| Q4 FY1995 | 31 Jan 1996 | 14.67% | 731.50M | 4.99B |
| Q3 FY1995 | 29 Oct 1995 | 14.39% | 692.10M | 4.81B |
| Q2 FY1995 | 30 Jul 1995 | 14.19% | 657.50M | 4.63B |
| Q1 FY1995 | 30 Apr 1995 | 14.09% | 622.60M | 4.42B |
| Q4 FY1994 | 31 Jan 1995 | 17.56% | 604.50M | 3.44B |
| Q3 FY1994 | 29 Oct 1994 | 17.41% | 571.20M | 3.28B |
| Q2 FY1994 | 31 Jul 1994 | 16.98% | 533.80M | 3.14B |
| Q1 FY1994 | 1 May 1994 | 16.60% | 490.30M | 2.95B |
| Q4 FY1993 | 31 Jan 1994 | 16.25% | 457.40M | 2.81B |
| Q3 FY1993 | 31 Oct 1993 | 16.48% | 441.90M | 2.68B |
| Q2 FY1993 | 31 Jul 1993 | 16.39% | 422.80M | 2.58B |
| Q1 FY1993 | 30 Apr 1993 | 16.08% | 390.20M | 2.43B |
| Q4 FY1992 | 31 Jan 1993 | 15.75% | 362.90M | 2.30B |
| Q3 FY1992 | 31 Oct 1992 | 15.37% | 333.40M | 2.17B |
| Q2 FY1992 | 31 Jul 1992 | 14.73% | 307.50M | 2.09B |
| Q1 FY1992 | 30 Apr 1992 | 15.81% | 277.40M | 1.75B |
| Q4 FY1991 | 31 Jan 1992 | 14.74% | 249.20M | 1.69B |
| Q3 FY1991 | 31 Oct 1991 | 13.93% | 222.90M | 1.60B |
| Q2 FY1991 | 31 Jul 1991 | 12.99% | 200.60M | 1.54B |
| Q1 FY1991 | 30 Apr 1991 | 14.48% | 176.10M | 1.22B |
| Q4 FY1990 | 31 Jan 1991 | 23.91% | 163.40M | 683.40M |
| Q3 FY1990 | 31 Oct 1990 | 24.30% | 151.60M | 623.80M |
| Q2 FY1990 | 31 Jul 1990 | 23.94% | 141.00M | 588.90M |
| Q1 FY1990 | 30 Apr 1990 | 22.75% | 124.60M | 547.60M |
| Q4 FY1989 | 31 Jan 1990 | 21.85% | 111.90M | 512.10M |
| Q3 FY1989 | 31 Oct 1989 | 21.55% | 101.20M | 469.70M |
| Q2 FY1989 | 31 Jul 1989 | — | 92.70M | — |
| Q1 FY1989 | 30 Apr 1989 | — | 83.40M | — |
| Q4 FY1988 | 31 Jan 1989 | 20.03% | 76.70M | 382.90M |
| Q3 FY1988 | 31 Oct 1988 | — | 73.80M | — |
| Q2 FY1988 | 31 Jul 1988 | — | 66.40M | — |
| Q1 FY1988 | 30 Apr 1988 | — | 60.50M | — |
| Q4 FY1987 | 31 Jan 1988 | 16.87% | 54.10M | 320.60M |
| Q3 FY1987 | 31 Oct 1987 | — | 45.80M | — |
| Q2 FY1987 | 31 Jul 1987 | — | 40.00M | — |
| Q1 FY1987 | 30 Apr 1987 | — | 31.50M | — |
| Q4 FY1986 | 31 Jan 1987 | 14.60% | 23.80M | 163.00M |
| Q3 FY1986 | 31 Oct 1986 | — | 18.70M | — |
| Q2 FY1986 | 31 Jul 1986 | — | 16.00M | — |
| Q1 FY1986 | 30 Apr 1986 | — | — | — |
| Q4 FY1985 | 31 Jan 1986 | — | — | 89.10M |
| Q3 FY1985 | 31 Oct 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about Home Depot's ROE
Source: Financial Modeling PrepVerified against SEC filings
