
The Home Depot Inc.
American multinational home improvement retail corporation that sells tools, construction products, and services for home improvement, construction, and renovation projects.
Company Type
public
Founded
1978
Headquarters
Atlanta, Georgia, USA
Stock
NYSE: HD
Revenue
Approximately $159.5 billion (FY2025, year ended February 2025)
Employees
Approximately 470,000
Primary Market
United States
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.
History of The Home Depot Inc.
The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank, both former executives of Handy Dan Home Improvement Centers. After being fired from Handy Dan, Marcus and Blank, along with investment banker Ken Langone and merchandising expert Pat Farrah, developed the concept for a new type of home improvement store: a large warehouse-format store with extensive product selection, knowledgeable staff, and competitive prices.
The first two Home Depot stores opened on June 22, 1979, in Atlanta, Georgia. The stores were approximately 60,000 square feet each, significantly larger than typical hardware stores of the era. The concept was modeled in part on the warehouse-store format and aimed to offer both DIY consumers and professional contractors a wide selection of products at competitive prices.
Home Depot went public in 1981, raising capital to fund expansion. The IPO was priced at $12 per share (adjusted for subsequent stock splits). Throughout the 1980s, the company expanded rapidly across the United States, reaching $1 billion in sales in 1989, faster than any retailer in history at that time.
In the 1990s, Home Depot expanded internationally. The company opened its first stores in Canada in 1994 and in Mexico in 2001. Home Depot also diversified its store formats, introducing the Expo Design Center concept for higher-end home design and the Villager's Hardware format for smaller markets. Both concepts were eventually discontinued.
Bernie Marcus and Arthur Blank stepped down from active management in the late 1990s and early 2000s. Marcus retired as chairman in 2002, and Blank left the company in 2001 to purchase the Atlanta Falcons. Bob Nardelli, former GE executive, served as CEO from 2000 to 2007. Frank Blake succeeded Nardelli as CEO from 2007 to 2014, followed by Craig Menear (2014-2022) and Ted Decker (2022-present).
In 2000, Home Depot acquired Hughes Supply, a leading distributor of construction and industrial materials, for approximately $3.2 billion, expanding its presence in the professional contractor market. This acquisition was part of Home Depot's strategy to grow its Pro business alongside its traditional DIY customer base.
In 2024, Home Depot acquired SRS Distribution Inc., a leading distributor of roofing, landscaping, and pool products, for approximately $18.25 billion. This was the largest acquisition in Home Depot's history and significantly expanded its professional contractor distribution network. SRS operates over 1,200 distribution locations across the United States.
In 2025, Home Depot acquired GMS Inc. (Gypsum Management & Supply), a leading distributor of building products, further expanding its professional contractor offerings. The GMS acquisition contributed approximately $2 billion in incremental sales to FY2025 revenue.
In January 2026, Home Depot launched Material List Builder AI, an artificial intelligence tool that helps professional contractors build project material lists using natural language, voice input, or existing documents. The tool is available at no cost to Pro Xtra loyalty program members.
The Home Depot Inc. Sustainability & Ethics
Home Depot publishes an annual ESG report and has set science-based targets for reducing greenhouse gas emissions. The company has committed to reducing its Scope 1 and Scope 2 emissions by approximately 50% by 2035 (from a 2019 baseline).
The company's Eco Actions program (formerly Eco Options) helps customers identify environmentally friendly products. In FY2024, Home Depot estimates that customer purchases of ENERGY STAR products helped reduce annual electricity use by approximately 1.4 billion kilowatt hours, saving approximately $176 million on energy costs and reducing carbon emissions by approximately 928,000 metric tons. WaterSense products sold helped customers reduce water consumption by approximately 30 billion gallons.
On renewable energy, Home Depot has installed hydrogen fuel cells at 8 supply chain facilities, reducing electricity consumption by approximately 40.5 million kilowatt hours annually. The company has also invested in solar panels at select store locations and renewable energy procurement. Approximately 35% of Home Depot's electricity comes from renewable sources as of 2024.
On waste reduction, approximately 4.9 million pounds of damaged product avoided landfills in FY2024 due to private-brand packaging improvements. The company aims to have all private brand fiber packaging for new SKUs be compostable, recyclable, or made from recycled content by 2028.
Home Depot is not a Certified B Corporation. The company's sustainability claims are self-reported in its annual ESG report. Some metrics are verified through third-party certifications including ENERGY STAR, WaterSense, and Forest Stewardship Council (FSC).
The Home Depot Foundation supports affordable housing, veteran services, and disaster relief. The foundation has committed over $500 million to veteran causes and disaster response. Home Depot employees volunteer through the Team Depot program, and the company partners with organizations including the American Red Cross and Habitat for Humanity.
On supply chain ethics, Home Depot maintains supplier responsibility programs covering labor conditions, environmental compliance, and product safety. The company has implemented responsible wood sourcing policies and requires suppliers to comply with its ethical sourcing standards.
Awards & Recognition
Home Depot has received consistent recognition from independent organizations:
- ENERGY STAR Partner of the Year (2024): Awarded by the U.S. Environmental Protection Agency for sustained excellence in promoting energy-efficient products. Home Depot has received this award multiple times.
- Fortune Most Admired Companies (2025): Ranked among the most admired companies in the specialty retail category, recognized for innovation, people management, social responsibility, and product quality.
- Fortune 100 Best Companies to Work For: Consistently ranked, reflecting workplace culture and employee satisfaction.
- Forbes Best Employers: Recognized as one of America's best employers, acknowledging compensation, benefits, and career development.
- Great Place to Work Certification: Certified across multiple regions for workplace culture and employee experience.
- Fast Company Most Innovative Companies: Recognized multiple years for retail innovation and digital transformation.
Controversy, Regulation & Public Scrutiny
Home Depot has faced several areas of regulatory scrutiny and public controversy:
Product safety recalls (2025): Home Depot participated in multiple product recalls in 2025, working with the U.S. Consumer Product Safety Commission (CPSC). Notable recalls included approximately 64,200 Home Decorators Collection vanity fixtures due to falling shade hazards, Soleil Portable Fan Heaters due to fire hazards, over 100,000 Royal Oak flame lighters due to fire and injury risks, and Werner Co. multi-purpose ladders due to fall hazards. Werner received 18 reports of falls including 14 injuries. These recalls are typical for large retailers and were managed through standard CPSC processes.
2014 data breach: In 2014, Home Depot experienced a major data breach affecting approximately 56 million payment card numbers. The breach was caused by malware installed on point-of-sale systems. Home Depot subsequently invested significantly in cybersecurity infrastructure, including EMV chip card readers and enhanced encryption. The company faced class action lawsuits and settled with affected consumers and financial institutions for approximately $179 million. No comparable breaches have been reported since.
Labor practices: Home Depot faces ongoing scrutiny regarding wages, working conditions, and unionization. The company is not unionized at the corporate level, though some distribution center employees have organized. Home Depot has faced criticism for opposing unionization efforts. The company raised its minimum wage to $15 per hour in 2022 and has implemented employee benefit improvements, though labor advocates argue wages remain insufficient in high-cost markets.
Environmental compliance: Home Depot faces scrutiny regarding the environmental impact of products it sells, including chemicals, pesticides, and building materials. The company has implemented responsible sourcing policies for wood products and has phased out certain chemicals from its product offerings. Environmental groups have pressured Home Depot to remove products containing harmful chemicals, with mixed results.
GMS acquisition antitrust review: The 2025 acquisition of GMS Inc. received regulatory review from the Federal Trade Commission, though it was ultimately approved without conditions. The acquisition raised concerns about Home Depot's growing dominance in the professional building products distribution market.
Brands Owned by The Home Depot Inc.
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Stock Information
The Home Depot Inc. Ownership: Pros & Cons
Advantages
- +World's largest home improvement retailer with approximately $159.5 billion in FY2025 revenue
- +Scale advantage over closest competitor Lowe's (approximately 1.9 times larger by revenue)
- +$25+ billion e-commerce business with 90% of online orders fulfilled through stores
- +Growing professional contractor business through SRS ($18.25 billion) and GMS acquisitions
- +Strong free cash flow generation supporting dividends and share repurchases
- +Dow Jones Industrial Average component providing institutional investor interest
- +AI and digital innovation including Material List Builder AI for Pro customers
Considerations
- -Dependence on U.S. housing market conditions, which remain pressured by elevated mortgage rates
- -Consumer uncertainty and housing pressure impacting DIY demand
- -Large acquisitions (SRS, GMS) create integration risk and increased debt
- -Competition from Lowe's, Menards, and specialized building material distributors
- -Labor cost inflation and workforce retention challenges in retail operations
- -Weather-related impacts on seasonal sales patterns
- -Product recall risk inherent in retailing thousands of SKUs from thousands of suppliers
Frequently Asked Questions 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.
Sources & Further Reading
- Home Depot Investor Relations,
- SEC EDGAR: The Home Depot Inc. (CIK 0000354950),
- Home Depot Corporate Responsibility,
- ENERGY STAR Partner of the Year Awards,
- Fortune Most Admired Companies,
- U.S. Consumer Product Safety Commission Recalls,
- SRS Distribution Inc.,
- GMS Inc. Investor Relations,
- Federal Trade Commission Mergers and Acquisitions,








