The Home Depot, Inc is an American home improvement chain based in Atlanta. It operates 2,284 DIY stores (as of April 2018) in North America (USA, Canada, Mexico, Puerto Rico) and claims to be the largest DIY store chain in the world. The company has over 400,000 employees.
The Home Depot also owns home improvement stores and user stores, such as the EXPO Design Center, Landscape Supply Garden Center, and a number of specialized stores.
The company was founded in Atlanta in 1978 by Bernie Marcus and Arthur Blank. It grew rapidly, with annual sales of $1 billion in 1986. In fiscal 2017, sales were $ 100.9 billion.
Operating Margin for Home Depot (HD)
Operating Margin as of April 2024 (TTM): 14.27%
According to Home Depot's latest financial reports and stock price the company's current Operating Margin is 14.27%. At the end of 2023 the company had an Operating Margin of 14.28%.
Operating Margin history for Home Depot from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 14.28% | -0.7% |
| 2022 | 14.38% | 11.9% |
| 2021 | 12.85% | -3.73% |
| 2020 | 13.35% | -0.76% |
| 2019 | 13.45% | -0.9% |
| 2018 | 13.58% | 2.81% |
| 2017 | 13.20% | 6.06% |
| 2016 | 12.45% | 3.81% |
| 2015 | 11.99% | 11.64% |
| 2014 | 10.74% | 11.22% |
| 2013 | 9.66% | 12.06% |
| 2012 | 8.62% | 11.16% |
| 2011 | 7.75% | 28.87% |
| 2010 | 6.02% | 19.49% |
| 2009 | 5.04% | -41.16% |
| 2008 | 8.56% | -16.48% |
| 2007 | 10.25% | -10.02% |
| 2006 | 11.39% | 5.2% |
| 2005 | 10.82% | 2.53% |
| 2004 | 10.56% | 4.73% |
| 2003 | 10.08% | 8.91% |
| 2002 | 9.26% | 0.39% |
| 2001 | 9.22% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Lowe's Companies LOW | 9.30% | -34.83% | 🇺🇸 USA |
 Builders FirstSource
BLDR | 12.96% | -9.18% | 🇺🇸 USA |
 LL Flooring LL | -3.07% | -121.51% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.