Home Depot’s 2025 Numbers and Future Outlook

The largest home‑improvement chain in the world has just released its latest earnings. In 2025, total sales reached $164. 7 billion, up about 3 percent from the previous year, while net profit fell to $14. 2 billion from $14. 8 billion in 2024. Adjusted earnings per share also slipped, showing that the company’s core business was slightly weaker this year. In the last quarter of 2025, sales were $38. 2 billion—a drop of nearly $1. 5 billion compared with the same period in 2024. The quarter was only 13 weeks long, missing the extra week that added roughly $2. 5 billion to last year’s results. Despite this, comparable sales grew modestly by 0. 4 percent overall and 0. 3 percent in the United States. The company’s CEO praised staff efforts but noted that weather and housing market uncertainty kept demand steady rather than booming. He also highlighted that storms had a noticeable impact on sales, suggesting that without those disruptions the numbers might have looked better.Home Depot is also rewarding its shareholders. The board lifted the quarterly dividend by 1. 3 percent to $2. 33 a share, making an annual payout of $9. 32. This is the 156th straight quarter in which the company has paid a dividend. Looking ahead, Home Depot projects modest growth for fiscal 2026. Total sales are expected to rise between 2. 5 and 4. 5 percent, with comparable sales staying flat to slightly higher. The firm plans to open about 15 new stores and maintain a gross margin near 33 percent while operating margins hover around 12. 5 percent. Earnings per share are forecast to remain roughly flat, and the company will invest about 2. 5 percent of sales in capital projects. The retailer operates over 2, 300 stores and employs nearly half a million people across North America. Its shares trade on the NYSE under the symbol HD and are part of major U. S. market indexes.