Home Depot Inc. is a company in the services sector, classified in the specialised retail industry and founded by Bernie Marcus, Arthur Blank, Ron Brill and Pat Farrah, operating globally in the sale of building materials, tools and home-improvement products.
The company operates a network of large-format stores, known as home centres, offering a wide variety of renovation and construction products, including flooring, paints, plumbing, electrical and gardening items. In addition, it provides installation services and equipment rental for consumers and professionals in the sector.
With more than 2,300 stores in the United States, Canada and Mexico, Home Depot has a strong presence in North American retail. The business model includes sales in physical stores and e-commerce, with strategies focused on omnichannel integration.
The specialised retail sector faces challenges such as fluctuations in demand for construction materials, influenced by economic conditions and interest rates. Competition includes companies such as Lowe’s, Menards and regional retailers.
Home Depot’s operational structure includes distribution centres, digital platforms and customer service units. In Brazil, the company does not have direct operations, but its shares can be accessed through BDRs.
Home Depot Inc. shares are traded on the New York Stock Exchange (NYSE) under the ticker HD.
History and when Home Depot Inc. was created
Home Depot Inc. was founded in 1978 in Marietta, Georgia, by Bernie Marcus, Arthur Blank, Ron Brill and Pat Farrah and is currently headquartered in Atlanta, with the initial concept of creating a chain of stores with a wide variety of construction products and affordable prices for consumers and professionals in the sector.
In its early years, the company expanded rapidly, opening stores in the southeastern region of the United States and strengthening its supply chain. The self-service model and the offer of products in high volumes helped consolidate its position in the market.
Home Depot’s initial public offering (IPO) took place in 1981 on the New York Stock Exchange (NYSE), enabling the raising of funds for national expansion. In the 1990s, the company began its internationalisation by entering the Canadian market and, later, Mexico.
During the 2000s, the company invested in modernising its stores and developing its digital platform to integrate the physical and online shopping experience. In addition, it expanded its activities in installation services and equipment rental.
Between 2020 and 2024, Home Depot focused on optimising its logistics, expanding distribution centres and improving e-commerce. The company also invested in strategies to enhance customer experience and increase operational efficiency in response to changes in consumer behaviour.
Additional Information
The Company Home Depot Inc. (United States), is listed on NYSE with a market cap of $ 376.55 Billions, having an equity of $ 10.67 Billions.
With a total of 415.700 employees, the company is listed in the sector of Services and categorized in industry of Retail Trade (Reform).
In the last 12 months the Company had a revenue of $ 165.05 Billions, which generated a profit in the amount of $ 14.63 Billions.
As for its main indicators, the Company has a P/E ratio of 25.74, a P/BV ratio of 35.31 and in the last 12 months the dividend yield of HD was at 2.41%.
The Company is traded internationally through the ticker HD.