Home Depot stock steadies after Q2 sales rose 5.7%
Published on 08/25/2026 at 17:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Home Depot, Inc. (US4370761029) stock opened at $337.54 on August 25, 2026, giving investors a fresh price reference after the company reported second-quarter fiscal 2026 sales of $47.9 billion and diluted EPS of $4.79. The latest filing also showed a market capitalization of $336.56 billion and a 52-week range that spans $289.10 to $426.75.
The quarter that ended August 2, 2026 was stronger on the top line than a year earlier, with net sales up 5.7% from $45.3 billion and comparable sales up 1.7%. Gross margin reached 33.7%, while online sales rose 11.0% and accounted for 16.6% of net sales.
Q2 results set the tone
The fiscal second quarter brought $4.8 billion in net earnings, up from $4.6 billion in the prior-year period, and operating income increased to $6.8 billion from $6.6 billion. Home Depot said the quarter benefited from GMS, new branches, Mingledorff's and positive comparable sales, while SG&A rose to $8.4 billion from $7.8 billion.
The comparison matters for valuation. At $337.54, the stock traded below the consensus target of $375.54 cited in recent market data, while the P/E ratio of 23.62 and PEG ratio of 3.70 suggest investors are still paying for durable earnings power rather than just a single earnings beat.
Cash flow and capital use
For the first six months of fiscal 2026, Home Depot generated $11.4 billion in operating cash flow, up from $9.0 billion a year earlier, and used $4.6 billion for dividends and $3.0 billion for long-term debt repayment. Capital expenditures totaled $1.7 billion in the same period, and the company said it plans to spend about $4 billion on capex in fiscal 2026.
One line stands out for income-focused holders: the quarterly dividend was raised to $2.33 per share in February 2026, and the first-half payout totaled $4.6 billion. Share repurchases remained paused, and about $11.7 billion of the authorization was still available as of August 2, 2026.
Pro demand stays visible
The business mix keeps tilting toward larger professional and project-driven work, with the second quarter showing sales gains in the Primary segment and $5.1 billion in Other net sales tied to the SRS platform. That unit also picked up Mingledorff's in May 2026, adding HVAC distribution to the portfolio.
Home Depot's product base remains anchored in building materials, décor and hardlines, with the company also expanding online and branch capacity. The second quarter included 2,364 stores at August 2, 2026, plus more than 1,340 locations in its SRS non-reportable operations.
Core home improvement lines
Home Depot still sells building materials, décor and hardlines across stores and digital channels, while also serving installation and tool-rental demand. The April-to-June quarter showed that this mix can still produce margin leverage when traffic, ticket size and professional demand move in the same direction.
Stock reference point
As of August 25, 2026, the stock opened at $337.54, with a market value of $336.56 billion and a 52-week range from $289.10 to $426.75. The next test for the shares is whether the post-earnings move can hold above the recent opening level.
Fact box
Company: Home Depot, Inc.
ISIN: US4370761029
Ticker: HD
Exchange: New York Stock Exchange
Sector / Industry: Consumer Discretionary / Home Improvement Retail
Market cap: $336.56 billion
Price as of August 25, 2026: $337.54 USD
Next earnings date: September 16, 2026
