Want to see HD full AI Analyst Report?
Operating Expense Breakdown
Details major costs like store operations, supply chain, labor, and fulfillment, showing how expenses affect profitability and margin sustainability. Monitoring expense trends reveals whether Home Depot is achieving cost leverage, investing in e-commerce and logistics, or facing inflationary pressure.Depreciation and SG&A both trend higher, with D&A accelerating as Home Depot pours capital into stores, SRS expansions, fulfillment systems and the Mingledorff’s deal, while SG&A reflects higher operating run-rate (digital/fulfillment scale, inventories and service costs). That investment explains recent top-line resilience but also the operating‑margin and ROIC pressure reported on the call; management is betting on payoff from scale and improved fulfillment, yet rising cost inflation, fuel/tariff exposure and slower comps could keep margins under pressure near term.
Date | Selling, General, and Administrative | Depreciation and Amortization | Impairments |
|---|---|---|---|
Jun 30, 2026 | $8.42B | $852.00M | $0.00 |
Mar 31, 2026 | $7.96B | $841.00M | $0.00 |
Dec 31, 2025 | $7.77B | $845.00M | $0.00 |
Sep 30, 2025 | $7.64B | $826.00M | $0.00 |
Jun 30, 2025 | $7.76B | $806.00M | $0.00 |
Mar 31, 2025 | $7.53B | $796.00M | $0.00 |
Dec 31, 2024 | $7.72B | $814.00M | $0.00 |
Sep 30, 2024 | $7.21B | $795.00M | $0.00 |
Jun 30, 2024 | $7.14B | $738.00M | $0.00 |
Mar 31, 2024 | $6.67B | $687.00M | $0.00 |