HD
Home Depot
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: HD
- PE Ratio
The current price-to-earnings ratio for Home Depot stock as of Jun 12, 2026 is 23.27. This is calculated based on the current EPS of $14.11 and the stock price of $328.39 per share. The PE ratio has decreased by 7% from the past four quarters average of 25.1.
HD PE ratio history
The average historical PE ratio of Home Depot for the last ten years is 22.45. The current price-to-earnings ratio of 23.27 is 3.7% more than the historical average. In the past ten years, HD's PE ratio reached its highest point in the Jan 2018 quarter at 28.27, when the stock price was $207.23 and the EPS was $7.33. The lowest point was recorded in the Oct 2023 quarter, when it reached 17.68 with a price of $276.46 and an EPS of $15.64.
Home Depot PE ratio by year
Maximum annual increase: 32.23% in 2018
Maximum annual decrease: -33.32% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 26.27 | -4.61% | $374.59 | $14.26 |
| 2025 | 27.54 | 17.49% | $411.98 | $14.96 |
| 2024 | 23.44 | 23.89% | $355.3 | $15.16 |
| 2023 | 18.92 | -19.52% | $316.69 | $16.74 |
| 2022 | 23.51 | 3.98% | $366.54 | $15.59 |
| 2021 | 22.61 | 1.98% | $270.82 | $11.98 |
| 2020 | 22.17 | 17.61% | $228.1 | $10.29 |
| 2019 | 18.85 | -33.32% | $184.37 | $9.78 |
| 2018 | 28.27 | 32.23% | $207.23 | $7.33 |
| 2017 | 21.38 | -6.68% | $138.33 | $6.47 |
| 2016 | 22.91 | 3.99% | $125.76 | $5.49 |
| 2015 | 22.03 | 8.36% | $104.42 | $4.74 |
| 2014 | 20.33 | -8.46% | $76.85 | $3.78 |
| 2013 | 22.21 | 23.25% | $67.3 | $3.03 |
| 2012 | 18.02 | -0.33% | $44.87 | $2.49 |
Home Depot PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2026 | 22.95 | -12.64% | $323.88 | $14.11 |
| Feb 2026 | 26.27 | 1.82% | $374.59 | $14.26 |
| Nov 2025 | 25.8 | 1.9% | $379.59 | $14.71 |
| Aug 2025 | 25.32 | 2.68% | $373.66 | $14.76 |
| May 2025 | 24.66 | -10.46% | $364.52 | $14.78 |
| Feb 2025 | 27.54 | 1.96% | $411.98 | $14.96 |
| Oct 2024 | 27.01 | 12.07% | $398.91 | $14.77 |
| Jul 2024 | 24.1 | 7.69% | $359.51 | $14.92 |
| Apr 2024 | 22.38 | -4.52% | $335.09 | $14.97 |
| Jan 2024 | 23.44 | 32.58% | $355.3 | $15.16 |
| Oct 2023 | 17.68 | -14.3% | $276.46 | $15.64 |
| Jul 2023 | 20.63 | 12.98% | $331.37 | $16.06 |
| Apr 2023 | 18.26 | -3.49% | $300.54 | $16.46 |
| Jan 2023 | 18.92 | 5.52% | $316.69 | $16.74 |
| Oct 2022 | 17.93 | -2.61% | $298.65 | $16.66 |
HD Price vs fair value
HD average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
HD's current P/E ratio is above the 5 and 10-year averages, but it is lower than the 3-year average.
PE comparison
Home Depot's P/E of 23.27 is above the Consumer Cyclical sector, the industry and its peers average. Looking at its Consumer Cyclical sector average of 20.76, Home Depot's P/E is 12% higher.
HD PE vs peers
When compared to its peer BLDR, HD's PE ratio is lower, but it is higher than LOW's and DLTR's. Home Depot's PE ratio is trading above the peer group average of 18.59.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GAP Gap, Inc. | 8.45 | $7.88B |
| DLTR Dollar Tree Inc | 17.9 | $21.91B |
| LOW Lowes Companies Inc | 18.65 | $123.79B |
| HD Home Depot Inc | 23.27 | $327.44B |
| BLDR Builders FirstSource Inc | 29.35 | $8.36B |
Frequently asked questions
What is Home Depot's PE ratio?
The price to earnings ratio for HD stock as of Jun 12, 2026, stands at 23.27.
What is the 3-year average PE ratio for Home Depot (HD)?
The average PE ratio for HD stock over the past 3 years is 23.98.
What is the 5-year average PE ratio for Home Depot (HD)?
The average PE ratio for HD stock over the past 5 years is 22.58.
What is the highest PE ratio for HD?
The highest quarterly PE ratio in the last ten years has been 28.27 and it was in the Jan 2018 quarter.
How does the current PE ratio for HD compare to its historical average?
The current price to earnings ratio of HD is 3.7% higher than the 10-year historical average.
How is HD's PE ratio calculated (Home Depot PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jun 12, 2026), Home Depot's stock price is $328.39. The earnings per share for the trailing twelve months (TTM) ending May 2026 is $14.11. Therefore, Home Depot's price to earnings ratio for today is 23.27. PE RATIO(23.27) = STOCK PRICE($328.39) / TTM EPS($14.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.