Home Depot (HD) valuation
Home Depot P/E ratio history
Home Depot trades at 23.0 times its earnings over the last twelve months and 21.2 times the earnings analysts expect over the next twelve. At its last 10 fiscal year ends its P/E ranged from 19.0 (year to Feb 2019) to 28.5 (year to Jan 2018), with a median of 23.1.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Feb 1, 2026 | $374.59 | $14.23 | 26.3 | 25.1 |
| Feb 2, 2025 | $411.98 | $14.91 | 27.6 | 26.6 |
| Jan 28, 2024 | $355.30 | $15.11 | 23.5 | 22.9 |
| Jan 29, 2023 | $316.69 | $16.69 | 19.0 | 18.8 |
| Jan 30, 2022 | $366.54 | $15.53 | 23.6 | 22.9 |
| Jan 31, 2021 | $270.82 | $11.94 | 22.7 | — |
| Feb 2, 2020 | $228.10 | $10.25 | 22.3 | — |
| Feb 3, 2019 | $184.37 | $9.73 | 19.0 | — |
| Jan 28, 2018 | $207.23 | $7.28 | 28.5 | — |
| Jan 29, 2017 | $138.33 | $6.45 | 21.5 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Home Depot valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Home DepotHD | $328B | 23.0 | 21.2 | 1.9 |
| Costco WholesaleCOST | $449B | 48.8 | 44.4 | 1.5 |
| ShopifySHOP | $204B | 105.7 | 72.1 | 15.4 |
| TJX CompaniesTJX | $155B | 26.0 | 25.5 | 2.5 |
| Lowe'sLOW | $117B | 17.7 | 16.5 | 1.3 |
| WalmartWMT | $983B | 44.8 | 40.4 | 1.3 |
| Mercado LibreMELI | $82.4B | 44.2 | 34.4 | 2.3 |
| DoorDashDASH | $78.0B | 73.7 | — | 4.9 |
| CarvanaCVNA | $75.2B | 32.9 | 32.9 | 2.7 |
| Peer median | 44.5 | 34.4 | 2.4 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: HD financials · HD returns
No forecast, no recommendation. This page describes Home Depot from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.