The Home Depot, Inc. (HD) Stock Analysis
Over the past 10 years, Home Depot (HD) earnings per share (EPS) grew 10.0% a year, revenue grew 6.4% a year and free cash flow grew 4.9% a year, with an average return on invested capital (ROIC) of 29.9%. HD stock trades at $309.63, a P/E of 21.6, below its historical average of 23.1. Analysts' average 12-month price target is $379.93 (+22.7%).
The Home Depot, Inc. operates as a prominent retailer specializing in home renovation and improvement. Through its expansive network of "The Home Depot" stores, it furnishes consumers with an extensive array of goods, including building materials, home enhancement products, lawn and garden supplies, decorative items,.
Exhibit A Growth Dossier
| Metric | 10yr | 5yr | 1yr | Grade |
|---|---|---|---|---|
| Book Value/Share GrowthBV/S | 10.1% | 33.2% | 55.5% | A+ |
| EPS GrowthEPS | 10.0% | 3.6% | -2.9% | C |
| Revenue GrowthRevenue | 6.4% | 4.5% | 2.5% | C |
| Cash Flow GrowthCash Flow | 4.9% | -5.0% | 6.1% | C- |
| ROICROIC | 29.9% | 28.0% | 19.0% | A+ |
Exhibit B Valuation Ledger
- Current EPS
- $14.32
- Historical Avg P/E
- 23.1
- Future P/E (used for sticker price)
- Projected EPS (10yr)
- Sticker Price (10yr)
- Price for 15% Annual Return
- Expected Annual Return
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Not investment advice — a structured read of historical fundamentals, not a forecast or recommendation. Always do your own research.
Exhibit C Raw Data (last 10 years)
| Metric | Trend | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / ShareBV/S | $4.92 | $3.51 | $1.23 | -$1.64 | -$2.84 | $3.06 | -$1.60 | $1.52 | $1.04 | $6.69 | $12.85 | $16.68 | |
| Basic EPSEPS | $5.49 | $6.47 | $7.33 | $9.78 | $10.29 | $11.98 | $15.59 | $16.74 | $15.16 | $14.96 | $14.27 | $14.32 | |
| RevenueRevenue | $88,519,000,000 | $94,595,000,000 | $100,904,000,000 | $108,203,000,000 | $110,225,000,000 | $132,110,000,000 | $151,157,000,000 | $157,403,000,000 | $152,669,000,000 | $159,514,000,000 | $164,683,000,000 | $169,176,000,000 | |
| Free Cash FlowCash Flow | $7,870,000,000 | $8,162,000,000 | $10,134,000,000 | $10,723,000,000 | $11,045,000,000 | $16,376,000,000 | $14,005,000,000 | $11,496,000,000 | $17,946,000,000 | $16,325,000,000 | $12,646,000,000 | $15,101,000,000 | |
| ROIC (%)ROIC | 25.1% | 28.4% | 29.7% | 40.0% | 33.2% | 27.9% | 36.7% | 33.0% | 29.0% | 22.3% | 19.0% | — |
The exact underlying data used to compute the growth rates and grades above. The highlighted TTM column is the trailing twelve months through the most recently reported quarter.
Ticker INVESTigator Price Target
Analyst Data
Price Target
Where the stock trades today vs. the range of 12-month price targets from covering analysts.
63 firms rate it — 1 strong buy, 36 buy, 22 hold, 4 sell · Most recent Oct 2026
HD Stock FAQ
What is HD's stock price target?
The average 12-month analyst price target for HD is $379.93, with a range of $340.00 to $425.00. That is +22.7% from the current price of $309.63.
Do analysts rate HD a buy?
Most rate it a buy. Of 63 firms covering Home Depot, the ratings are 37 buy or strong buy, 22 hold and 4 sell or strong sell.
How fast is Home Depot growing?
Annual growth rates for HD. EPS: 10.0% over 10 years, 3.6% over 5 years, -2.9% over 1 year. Revenue: 6.4% over 10 years, 4.5% over 5 years, 2.5% over 1 year. Free cash flow: 4.9% over 10 years, -5.0% over 5 years, 6.1% over 1 year. Book value per share: 10.1% over 10 years, 33.2% over 5 years, 55.5% over 1 year.
What is HD's ROIC?
Home Depot's return on invested capital (ROIC) was 19.0% in fiscal 2025. Its 10-year average ROIC is 29.9%. ROIC above 10% is generally a sign of a business with a durable competitive advantage.
What is HD's P/E ratio?
HD's current P/E ratio is 21.6, compared with a historical average of 23.1. Trailing earnings per share are $14.32.
What is Home Depot's market cap and stock price?
HD last traded at $309.63 as of October 19, 2026. Its 52-week range is $277.15 to $397.63. Home Depot has a market cap of $308.91B.
Exhibit D Related Coverage
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Data as of October 19, 2026. Findings are derived from historical fundamentals — not a forecast, not advice. Cross-examine before you invest.
Grades are produced by Ticker INVESTigator's own model from public financial data and are for informational and educational purposes only. They are not investment advice or a recommendation to buy or sell any security. Do your own research.