How much does Home Depot tool rental cost?

Rates are hourly, four-hour, daily, weekly, or four-week depending on the tool. Small hand tools start around $15 to $30 per four hours; compact equipment such as mini excavators runs several hundred dollars per day. A credit card hold is required as a deposit.

Can you rent trucks from Home Depot?

Yes. Home Depot offers its own branded flatbed trucks and cargo vans for local rental, plus Penske commercial trucks for longer moves through a partnership agreement.

How many Home Depot stores have tool rental?

More than 1,300 Home Depot stores in the United States and Canada operate Tool Rental Centers, with the largest centers carrying compact construction equipment.

Retail & E-commerce

Who Owns Home Depot Tool Rental?

Q: Who owns Home Depot Tool Rental?

The Home Depot Inc. (NYSE: HD) owns and operates Tool Rental Centers as an in-store service, not a franchise or separate company.

Home Depot Tool Rental is the equipment rental service brand of The Home Depot Inc. (NYSE: HD). Operating rental desks and dedicated rental centers inside more than 1,300 Home Depot stores across the United States and Canada, it rents hand tools, power tools, lawn and garden equipment, floor care machines, trailers, and compact construction equipment to DIY customers and professional contractors. The service operates on hourly, daily, weekly, and four-week rates and includes a truck rental partnership with Penske.

Parent Company

The Home Depot Inc.

Founded

1995

Status

Publicly Traded

Headquarters

Atlanta, Georgia, USA

Home Depot Tool Rental Timeline

1978

The Home Depot Inc.

Parent company established in Atlanta, Georgia, USA

Company Founded

1995

Home Depot Tool Rental

Founded by The Home Depot

Founded

mid rangemarket leaderUnited Statesall-consumersOfficial Website

Who Owns Home Depot Tool Rental?

Parent Company: The Home Depot Inc.
Ownership Type: Wholly owned
Company Type: Publicly Traded
Stock Ticker: NYSE: HD

Brand	Parent Company	Ownership Type
Home Depot Tool Rental	The Home Depot Inc.	Wholly owned

History of Home Depot Tool Rental

Founded: 1995
Founders: The Home Depot

Home Depot began adding tool rental departments to its stores in the 1990s as a way to serve customers who needed specialized equipment for single projects and contractors seeking to avoid equipment ownership costs. The rental desk became a standard fixture in the warehouse format, typically positioned near the Pro desk.

Through the 2000s and 2010s, the service expanded its fleet from hand and power tools into lawn and garden equipment, carpet and floor care machines, trailers, and compact earthmoving equipment such as mini excavators, skid steers, and trenchers. A truck rental partnership with Penske added commercial-size moving trucks to complement Home Depot's own flatbed and van fleet.

The "One Home Depot" digital integration brought online reservations, availability lookup, and curbside coordination to rental. In recent years, the company has continued expanding dedicated Tool Rental Centers and fleet depth as part of its broader push into professional customer services alongside The Home Depot Pro and SRS Distribution.

About The Home Depot Inc.

What does Home Depot own?
Home Depot owns 2,356 retail stores across North America, over 1,200 SRS distribution locations, the GMS building products distribution business, HD Supply Holdings, and several private label brands including Husky, Hampton Bay, Glacier Bay, and Home Decorators Collection. The company also operates Home Depot Pro, Home Depot Tool Rental, and Home Depot Garden Center as service brands within its stores.

Is Home Depot publicly traded?
Yes, Home Depot is publicly traded on the New York Stock Exchange under ticker symbol HD. The company has been publicly traded since its IPO in 1981. Home Depot is a component of the Dow Jones Industrial Average and the S&P 500 Index.

Who founded Home Depot?
Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank, both former executives of Handy Dan Home Improvement Centers. They were joined by investment banker Ken Langone and merchandising expert Pat Farrah. The first stores opened on June 22, 1979, in Atlanta, Georgia.

Where is Home Depot headquartered?
Home Depot is headquartered in Atlanta, Georgia, USA. The company has maintained its headquarters in Atlanta since its founding. Major operational centers are located in Atlanta, Marietta (Georgia), and Toronto (Canada).

How many brands does Home Depot own?
Home Depot owns 4 major service brands: The Home Depot (retail), Home Depot Pro (professional contractor services), Home Depot Tool Rental, and Home Depot Garden Center. The company also owns private label brands including Husky, Hampton Bay, Glacier Bay, and Home Decorators Collection, and operates SRS Distribution and GMS as acquired distribution brands.

Who owns Home Depot?
Home Depot is publicly owned with shares traded on the NYSE. Major institutional shareholders include Vanguard Group, BlackRock, and State Street Corporation. No single shareholder owns a controlling stake. The company is governed by a board of directors elected by shareholders, with Ted Decker serving as Chair, President, and CEO.

What is Home Depot's revenue?
Home Depot reported total revenue of approximately $159.5 billion for FY2025 (fiscal year ended February 2, 2025). Q3 FY2025 sales were $41.4 billion, up 2.8% year over year. The company's full-year guidance projects total sales growth of approximately 3.0%, with GMS contributing approximately $2 billion in incremental sales.

Founded: 1978
Headquarters: Atlanta, Georgia, USA
Company Type: Publicly Traded
Stock: NYSE: HD
Revenue: Approximately $159.5 billion (FY2025, year ended February 2025)
Employees: Approximately 470,000

Visit The Home Depot Inc. website

View full company profile for The Home Depot Inc.

Where Is Home Depot Tool Rental Made / Based?

Headquarters: Atlanta, Georgia, USA

Home Depot Tool Rental Categories & Tags

Tool Rental Equipment Rental Home Improvement Pro Services American Brand

Home Depot Tool Rental Sustainability & Ethics

Tool rental supports circular-economy principles by spreading equipment utilization across many users, reducing per-unit manufacturing demand. Home Depot's rental fleet maintenance, emissions compliance for gas-powered equipment, and battery-electric tool expansion align with the parent's sustainability program, which includes electrification of rental categories where practical.

Awards & Recognition

Home Depot's rental operation is frequently cited in industry coverage of the "rental penetration" strategy among big-box retailers and has been included in Rental Equipment Register coverage of retail-channel rental growth. Specific fleet-size and revenue figures are not publicly disclosed.

Home Depot Tool Rental Recalls & Controversies

Equipment Safety: Rental equipment has periodically appeared in CPSC and manufacturer recalls affecting the rental fleet, handled through standard fleet-removal procedures. Liability cases arising from rented equipment injuries have occurred in litigation, generally covered under rental agreements and insurance.

Availability and Condition Complaints: Consumer reviews periodically cite equipment availability gaps, deposit requirements, and machine condition inconsistencies across locations, an operational quality matter managed at the store level.

Home Depot Tool Rental Ownership: Pros & Cons

Advantages

+Embedded in 1,300-plus existing stores, giving it unmatched rental access points in consumer markets
+Complements the Pro ecosystem, capturing contractors already buying at Home Depot
+Rental extends wallet share on projects where customers would otherwise buy competing tools
+Penske partnership adds truck rental without fleet investment

Considerations

-Competes against far deeper heavy-equipment fleets at United Rentals and Sunbelt
-Rental generates lower margins than product sales in equivalent floor space
-Fleet maintenance and safety compliance create ongoing operating costs
-Growth depends on Pro customer acquisition rather than standalone demand

Frequently Asked Questions About Home Depot Tool Rental

Sources & Further Reading

Competitors to Home Depot Tool Rental

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

Brand	Parent Company	Country	Founded	Market Position	Primary Market	Gender Target
Behr	Masco	USA	1947	Premium	United states	All-ages
HomeStyle Renovation	Fannie Mae	USA	1995	Market leader	United states	All-consumers
Lowe's	Lowes	USA (Lowe's Companies)	1946	Market leader	United states	All-consumers
Lowe's Corporate & Services	Lowes	USA	1946	Integrated	United states	All-consumers
Lowe's Pro	Lowes	USA (Lowe's Companies)	2014	Growth segment	United states	Business
The Home DepotSister Brand	Home Depot	USA	1978	Market leader	United states	All-consumers

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