The Home Depot, Inc.

HDNYSEConsumer Cyclical● Active

$310.78

+$0.83(+0.27%)

Market Cap$309.9B

P/E Ratio—

52W High$426.75

52W Low$289.1

Avg Volume4.5M

Open$310.83

Beta0.97

Free Cash Flow Financials Revenue

The Home Depot, Inc. (HD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

HD · free cash flow · updated Jun 8, 2026

Core FCF metrics

HD · FCF · TTM · margin & CAGR

Free cash flow was $12.65B for FY2026 (fiscal year ending 2026-02-01), down 22.5% year-over-year The FCF margin was 7.7%. Five-year CAGR stands at -5.0%.

FY2026 Free Cash Flow$12.65B▼ -22.5% YoY

Trailing 12M (TTM)$14.31Btrailing 4 quarters sum

FCF Margin7.7%$12.65B ÷ revenue

3-Year CAGR+3.2%FY2023 → FY2026

5-Year CAGR-5.0%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

HD · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$16.32B(3.68B)$12.65B▼ 22.5%7.7%

FY2025$19.81B(3.48B)$16.32B▼ 9.0%10.2%

FY2024$21.17B(3.23B)$17.95B▲ +56.1%11.8%

FY2023$14.62B(3.12B)$11.50B▼ 17.9%7.3%

FY2022$16.57B(2.57B)$14.01B▼ 14.5%9.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

HD · P/FCF · FCF yield · FCF per share

The Home Depot, Inc. (HD) trades at a FCF yield of 4.62% and a price-to-free-cash-flow ratio of 21.6x. FCF per share stands at $14.42, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.62%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$14.42

TTM FCF ÷ Shares Outstanding

Price / FCF

x21.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x25.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-02-01

Cash flow statement summary

HD · cash flow statement · operating / investing / financing

For FY2026, The Home Depot, Inc. generated $16.32B in operating cash flow and spent 3.68B in capital expenditures, yielding $12.65B in free cash flow.

Operating Activities

+$16.32B

Cash from core business operations

2026-02-01

Investing Activities

−$8.98B

CapEx, acquisitions & investments

2026-02-01

Financing Activities

−$7.71B

Buybacks, dividends & debt

2026-02-01

FCF FormulaOperating CF ($16.32B) − |CapEx| (3.68B) = FCF ($12.65B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

HD vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

The Home Depot, Inc.YOU

$12.65B-22.5%7.7%

Toyota Motor Corporation

McDonald's Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

The Home Depot, Inc. (HD) reported free cash flow of $12.65B for FY2026 (fiscal year ending 2026-02-01), down 22.5% year-over-year. The FCF margin was 7.7%.

Based on available data, The Home Depot, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $17.95B in FY2024. The 5-year CAGR stands at -5.0%.

The Home Depot, Inc.'s FCF yield is 4.62% and price-to-FCF ratio is 21.6x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

HD free cash flow · 8 questions

The Home Depot, Inc. free cash flow was $12.65B for FY2026, down 22.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $14.31B.

HD free cash flowHD FCFHD FCF 2026HD free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Home Depot, Inc. · The Home Depot, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026