Home Depot (HD)
Connects home-improvement retail with professional-trade distribution.
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Home Depot is still overwhelmingly a home-improvement retailer, selling the materials, finishes, tools, and garden goods behind everyday repairs and renovations. It is becoming a broader supplier to contractors through a growing branch network, while its large store base doubles as a local delivery system.
Item facts: FY2025 · year ended Feb 1, 2026, from filings, earnings calls and company pages.
Judgment weights, not filed revenue
The band summarizes business focus and direction. ~ marks estimates.
7 in detail · 11 more below
Building Materials
Construction basics remain the largest line at $52.439 billion in fiscal 2025. Repairs keep demand from disappearing, but bigger sales still depend on builders, remodelers, storms, and whether households feel able to finance large jobs.
Competes with Building Products (Lowe's) · Structural building products (Builders FirstSource)
In plain English
Start with the bones of a house: lumber, pipes, wiring, doors, and the materials that hold everything together. Home Depot gathers those bulky, mismatched pieces so a homeowner or contractor can finish one job without visiting a string of suppliers.
The customer pays for each load in a store, online, or through a professional-sales desk; Home Depot keeps the difference after buying and moving the goods. Nearby stock and delivery matter because a crew waiting for one missing pipe or board is losing time.
Décor
Room finishes and appliances brought in $51.679 billion in fiscal 2025. Replacement purchases keep money moving, while full kitchens, bathrooms, and floors wait on housing moves and confidence in costly renovations.
Competes with Home Décor (Lowe's) · Hard-surface flooring and accessories (Floor & Decor)
In plain English
This is everything that makes a finished room useful and pleasant: appliances, paint, flooring, lights, kitchen pieces, and bathroom fixtures. A leaking washer may force a quick purchase; a new kitchen is easier to postpone.
Home Depot earns when shoppers buy the pieces and also when they hire the company to arrange installation. Outside licensed crews do the physical work, much like a restaurant taking the order and coordinating the kitchen. The sale grows when a customer entrusts the whole room rather than carrying out one can of paint.
Hardlines
Tools, hardware, garden goods, and storage produced $47.848 billion in fiscal 2025. This was the quickest-growing main retail line in the latest quarter, though weather and storm activity can quickly change what sells.
Competes with Hardlines (Lowe's) · Outdoor Power Equipment (Tractor Supply)
In plain English
Picture the garage, shed, and garden aisle rolled into one business. It covers hand tools, powered equipment, fasteners, plants, outdoor supplies, and the shelves and boxes used to put everything away.
Many purchases solve an immediate problem—a broken tool, an overgrown lawn, a storm-damaged yard—so having the item nearby wins the sale. Home Depot buys in scale and keeps the difference between its product cost and the checkout price, then restocks as seasons and local weather change what people need. Familiar battery-and-tool families can also bring shoppers back for compatible additions.
Roofing and Building Products
The SRS contractor-supply arm generated about $6.74 billion from roofing and related goods in fiscal 2025. Nearby branches and job-site delivery help win contractors; weak storm activity or housing work can leave that network quieter.
Competes with Roofing and complementary products (QXO Building Products) · Roofing distribution (ABC Supply)
In plain English
Roofing arrives in heavy bundles, and a contractor needs the right amount at the right address before a crew climbs the ladder. Home Depot's SRS contractor-supply arm keeps those bundles and related building supplies in local branches, takes orders through salespeople, and drives them to job sites.
The contractor pays for each project load; Home Depot earns the difference between the product cost and the delivered selling price. The branch network works like a chain of well-stocked depots: useful every repair season, and especially busy when storms create many damaged roofs at once.
Pool
Pool equipment, parts, and chemicals are estimated at roughly $2.2 billion of fiscal 2025 revenue. It is a small line, but routine water care repeats; weather, pool construction, and the summer season still shape demand.
Competes with Pool distribution (POOLCORP) · Pool supplies and services (Leslie's)
In plain English
Once a pool exists, someone has to keep its water clean and its pumps working. Heritage Pool Supply, Home Depot's specialist branch chain, stocks the chemicals, replacement parts, and equipment used by pool builders and service crews—the people who make regular rounds from backyard to backyard.
Those professionals return to nearby branches for each route and repair, creating repeat orders long after the original pool was built. Home Depot makes money on the goods sold. New construction adds larger bursts of demand, while existing pools keep a quieter stream of maintenance purchases flowing.
Interior and Construction Products
GMS supplied about $2.0 billion during its five months inside fiscal 2025. A full year makes this acquired line much more visible; construction schedules and a smooth fit with SRS now matter most.
Competes with Interior building products · Foundation Building Materials (Lowe's) · Gypsum and ceilings distribution · L&W Supply (ABC Supply)
In plain English
Behind a finished wall are large sheets, metal frames, insulation, and ceiling pieces that must arrive in sequence. GMS, the interior-products distributor Home Depot bought, supplies those materials to crews building offices and homes through branches, salespeople, and delivery trucks.
Money comes one job order at a time. A late or incomplete load can stop several workers, so dependable stock and timing are worth paying for. The immediate task is to connect GMS cleanly with the wider contractor-supply business without disrupting those carefully timed deliveries.
Landscape
Landscape supplies are estimated at roughly $1.8 billion of fiscal 2025 revenue. Recurring property care softens the swings, but new construction, water rules, weather, and local branch reach decide how far the line can grow.
Competes with Landscape supplies (SiteOne Landscape Supply) · Irrigation and landscape products (Ewing Outdoor Supply)
In plain English
The sprinkler under a lawn, the pavers around a patio, and the supplies used to care for planted spaces all need a specialist counter. Heritage Landscape Supply, Home Depot's branch chain for outdoor professionals, fills that role with local stock from many makers.
A new yard creates a large order; broken irrigation and routine property care create smaller repeat visits. Home Depot earns on every item sold and delivered. The business is steadier than pure construction because existing grounds still need attention, but drought rules or bad weather can abruptly change what crews buy.
Building MaterialsConstruction basics remain the largest line at $52.439 billion in fiscal 2025. Repairs keep demand from disappearing, but bigger sales still depend on builders, remodelers, storms, and whether households feel able to finance large jobs.Construction basics remain the largest line at $52.439 billion in fiscal 2025. Repairs keep demand from disappearing, but bigger sales still depend on builders, remodelers, storms, and whether households feel able to finance large jobs.
In plain English
Start with the bones of a house: lumber, pipes, wiring, doors, and the materials that hold everything together. Home Depot gathers those bulky, mismatched pieces so a homeowner or contractor can finish one job without visiting a string of suppliers.
The customer pays for each load in a store, online, or through a professional-sales desk; Home Depot keeps the difference after buying and moving the goods. Nearby stock and delivery matter because a crew waiting for one missing pipe or board is losing time.
Competes with Building Products (Lowe's) · Structural building products (Builders FirstSource)
DécorRoom finishes and appliances brought in $51.679 billion in fiscal 2025. Replacement purchases keep money moving, while full kitchens, bathrooms, and floors wait on housing moves and confidence in costly renovations.Room finishes and appliances brought in $51.679 billion in fiscal 2025. Replacement purchases keep money moving, while full kitchens, bathrooms, and floors wait on housing moves and confidence in costly renovations.
In plain English
This is everything that makes a finished room useful and pleasant: appliances, paint, flooring, lights, kitchen pieces, and bathroom fixtures. A leaking washer may force a quick purchase; a new kitchen is easier to postpone.
Home Depot earns when shoppers buy the pieces and also when they hire the company to arrange installation. Outside licensed crews do the physical work, much like a restaurant taking the order and coordinating the kitchen. The sale grows when a customer entrusts the whole room rather than carrying out one can of paint.
Competes with Home Décor (Lowe's) · Hard-surface flooring and accessories (Floor & Decor)
HardlinesTools, hardware, garden goods, and storage produced $47.848 billion in fiscal 2025. This was the quickest-growing main retail line in the latest quarter, though weather and storm activity can quickly change what sells.Tools, hardware, garden goods, and storage produced $47.848 billion in fiscal 2025. This was the quickest-growing main retail line in the latest quarter, though weather and storm activity can quickly change what sells.
In plain English
Picture the garage, shed, and garden aisle rolled into one business. It covers hand tools, powered equipment, fasteners, plants, outdoor supplies, and the shelves and boxes used to put everything away.
Many purchases solve an immediate problem—a broken tool, an overgrown lawn, a storm-damaged yard—so having the item nearby wins the sale. Home Depot buys in scale and keeps the difference between its product cost and the checkout price, then restocks as seasons and local weather change what people need. Familiar battery-and-tool families can also bring shoppers back for compatible additions.
Competes with Hardlines (Lowe's) · Outdoor Power Equipment (Tractor Supply)
Roofing and Building ProductsThe SRS contractor-supply arm generated about $6.74 billion from roofing and related goods in fiscal 2025. Nearby branches and job-site delivery help win contractors; weak storm activity or housing work can leave that network quieter.The SRS contractor-supply arm generated about $6.74 billion from roofing and related goods in fiscal 2025. Nearby branches and job-site delivery help win contractors; weak storm activity or housing work can leave that network quieter.
In plain English
Roofing arrives in heavy bundles, and a contractor needs the right amount at the right address before a crew climbs the ladder. Home Depot's SRS contractor-supply arm keeps those bundles and related building supplies in local branches, takes orders through salespeople, and drives them to job sites.
The contractor pays for each project load; Home Depot earns the difference between the product cost and the delivered selling price. The branch network works like a chain of well-stocked depots: useful every repair season, and especially busy when storms create many damaged roofs at once.
Competes with Roofing and complementary products (QXO Building Products) · Roofing distribution (ABC Supply)
PoolPool equipment, parts, and chemicals are estimated at roughly $2.2 billion of fiscal 2025 revenue. It is a small line, but routine water care repeats; weather, pool construction, and the summer season still shape demand.Pool equipment, parts, and chemicals are estimated at roughly $2.2 billion of fiscal 2025 revenue. It is a small line, but routine water care repeats; weather, pool construction, and the summer season still shape demand.
In plain English
Once a pool exists, someone has to keep its water clean and its pumps working. Heritage Pool Supply, Home Depot's specialist branch chain, stocks the chemicals, replacement parts, and equipment used by pool builders and service crews—the people who make regular rounds from backyard to backyard.
Those professionals return to nearby branches for each route and repair, creating repeat orders long after the original pool was built. Home Depot makes money on the goods sold. New construction adds larger bursts of demand, while existing pools keep a quieter stream of maintenance purchases flowing.
Competes with Pool distribution (POOLCORP) · Pool supplies and services (Leslie's)
Interior and Construction ProductsGMS supplied about $2.0 billion during its five months inside fiscal 2025. A full year makes this acquired line much more visible; construction schedules and a smooth fit with SRS now matter most.GMS supplied about $2.0 billion during its five months inside fiscal 2025. A full year makes this acquired line much more visible; construction schedules and a smooth fit with SRS now matter most.
In plain English
Behind a finished wall are large sheets, metal frames, insulation, and ceiling pieces that must arrive in sequence. GMS, the interior-products distributor Home Depot bought, supplies those materials to crews building offices and homes through branches, salespeople, and delivery trucks.
Money comes one job order at a time. A late or incomplete load can stop several workers, so dependable stock and timing are worth paying for. The immediate task is to connect GMS cleanly with the wider contractor-supply business without disrupting those carefully timed deliveries.
Competes with Interior building products · Foundation Building Materials (Lowe's) · Gypsum and ceilings distribution · L&W Supply (ABC Supply)
LandscapeLandscape supplies are estimated at roughly $1.8 billion of fiscal 2025 revenue. Recurring property care softens the swings, but new construction, water rules, weather, and local branch reach decide how far the line can grow.Landscape supplies are estimated at roughly $1.8 billion of fiscal 2025 revenue. Recurring property care softens the swings, but new construction, water rules, weather, and local branch reach decide how far the line can grow.
In plain English
The sprinkler under a lawn, the pavers around a patio, and the supplies used to care for planted spaces all need a specialist counter. Heritage Landscape Supply, Home Depot's branch chain for outdoor professionals, fills that role with local stock from many makers.
A new yard creates a large order; broken irrigation and routine property care create smaller repeat visits. Home Depot earns on every item sold and delivered. The business is steadier than pure construction because existing grounds still need attention, but drought rules or bad weather can abruptly change what crews buy.
Competes with Landscape supplies (SiteOne Landscape Supply) · Irrigation and landscape products (Ewing Outdoor Supply)
Named in filings, launches and programs
- HD SupplyBrandSupplies maintenance and repair goods to apartment operators, hotels, healthcare facilities, and government customers.
- Construction ResourcesBrandSells design-led surfaces, appliances, and architectural specialty products through showrooms and channels for professional buyers.
- Installation ServicesService$5.654 billion of project sales arranged through outside licensed installers, with the money counted inside the related merchandise lines.
- Tool and Equipment RentalServiceOffers short-term access to project tools and equipment at selected stores, adding fees while helping customers finish merchandise-led jobs.
- Pro XtraCustomer programGives professional customers purchase records, offers, loyalty benefits, and account tools designed to keep their spending with Home Depot.
- Pro Trade CreditService · RampingAdds payment options for larger professional orders, relying on outside partners to judge borrowers and provide the money.
- QuoteCenterPlatformHelps staff assemble large orders across store and SRS stock; most stores had completed an SRS sale through it by August 2026.
- Express DeliveryService · RampingMoves eligible store goods to U.S. customers within three hours for a small flat fee, without requiring membership.
- Magic ApronPlatform · RampingA digital helper for project and product questions, available through an app or store codes across more than two thousand U.S. stores.
- Mingledorff'sBrand · RampingAdds heating and cooling equipment, parts, and supplies through forty-two southeastern locations; Home Depot has not disclosed its revenue.
- Enterprise cross-sell contractsCustomer program · RampingRetail and SRS teams expect about $400 million of fiscal 2026 sales from shared customers, but most outside buyers remain unnamed.
HD SupplyBrand
Supplies maintenance and repair goods to apartment operators, hotels, healthcare facilities, and government customers.
Construction ResourcesBrand
Sells design-led surfaces, appliances, and architectural specialty products through showrooms and channels for professional buyers.
Installation ServicesService
$5.654 billion of project sales arranged through outside licensed installers, with the money counted inside the related merchandise lines.
Tool and Equipment RentalService
Offers short-term access to project tools and equipment at selected stores, adding fees while helping customers finish merchandise-led jobs.
Pro XtraCustomer program
Gives professional customers purchase records, offers, loyalty benefits, and account tools designed to keep their spending with Home Depot.
Pro Trade CreditService · Ramping
Adds payment options for larger professional orders, relying on outside partners to judge borrowers and provide the money.
QuoteCenterPlatform
Helps staff assemble large orders across store and SRS stock; most stores had completed an SRS sale through it by August 2026.
Express DeliveryService · Ramping
Moves eligible store goods to U.S. customers within three hours for a small flat fee, without requiring membership.
Magic ApronPlatform · Ramping
A digital helper for project and product questions, available through an app or store codes across more than two thousand U.S. stores.
Mingledorff'sBrand · Ramping
Adds heating and cooling equipment, parts, and supplies through forty-two southeastern locations; Home Depot has not disclosed its revenue.
Enterprise cross-sell contractsCustomer program · Ramping
Retail and SRS teams expect about $400 million of fiscal 2026 sales from shared customers, but most outside buyers remain unnamed.