The Home Depot is widely held with no controlling owner. Its 2026 proxy lists two holders above 5%: Vanguard (10.0%) and BlackRock (7.1%), out of 996 million shares.
Sources: Home Depot 2026 proxy statement. Analysis by The Business Engineer.
How we source: figures on this page come from the company’s own filings (SEC 10-K, 10-Q, prospectus and earnings releases, or its annual report), with the period stated next to each number; outside estimates appear only labelled, with their source and date. Last refreshed October 2026. Our methodology.
| Fact | Figure | Source |
|---|---|---|
| Controlling holder | none | Home Depot 2026 proxy statement |
| The Vanguard Group | 10.0% | Home Depot 2026 proxy statement |
| BlackRock | 7.1% | Home Depot 2026 proxy statement |
| Shares outstanding | 996,027,658 (6 Mar 2026) | HD proxy 2026 |
Who owns Home Depot today?
The Home Depot, Inc. is a public company with no controlling shareholder. Its 2026 proxy statement lists The Vanguard Group (100.0 million shares, 10.0%) and BlackRock (71.1 million, 7.1%) as the only beneficial owners of more than 5%, measured on 996,027,658 shares outstanding on 6 March 2026. The proxy notes that Vanguard reorganized in January 2026 so that some of its units now report holdings separately.
Home Depot’s founders sold down long ago; today it belongs to the index funds that own the whole market. That puts the focus on what management does with cash: buybacks, dividends and acquisitions aimed at the professional contractor market.
Home Depot is primarily owned by institutional investors like The Vanguard Group (9%) and BlackRock (6.8%) while top individual investors comprise Craig A. Menear, chairman, and the former chief executive officer; and chair, president, and CEO Edward P. Decker.
Latest figures · checked 6 October 2026
- The Home Depot reported net sales of $164.7 billion and net earnings of $14.2 billion, or $14.23 per diluted share, in fiscal 2025. SEC EDGAR filings
- In fiscal 2025, The Home Depot’s Primary segment net sales were $52,439 million from Building Materials, $51,679 million from Dรฉcor and $47,848 million from Hardlines. SEC EDGAR filings
- At the end of fiscal 2025, The Home Depot employed approximately 472,400 associates. SEC EDGAR filings
- The Home Depot’s net sales for the second quarter of fiscal 2026 were $47.9 billion. SEC EDGAR filings
- At the end of the second quarter of fiscal 2026, The Home Depot operated over 1,340 SRS locations in the U.S. and Canada. SEC EDGAR filings
| Detail | Description |
|---|---|
| Company | The Home Depot, Inc. |
| Ownership Structure | Publicly traded company with major shareholders |
| Major Shareholders | Various institutional investors including Vanguard Group, BlackRock, and State Street Corporation, along with individual shareholders |
| Founding Date | February 6, 1978 |
| Founders | Bernard Marcus, Arthur Blank, Ron Brill, and Pat Farrah |
| Headquarters | Atlanta, Georgia, USA |
| Stock Symbol | HD (NYSE) |
| Primary Business | Retailing home improvement products, construction materials, appliances, and services |
| Strategic Goals | Expanding e-commerce capabilities, enhancing supply chain efficiency, and growing professional contractor services |
Additional Ownership Details
- Institutional Shareholders: Major institutional investors such as Vanguard Group, BlackRock, and State Street Corporation hold significant stakes in The Home Depot.
- Public Trading: The Home Depot is publicly traded on the New York Stock Exchange under the ticker symbol HD, with ownership distributed among a diverse range of institutional and individual shareholders.
- Corporate Strategy: Home Depot focuses on being the number one home improvement retailer by enhancing its customer service, expanding its product offerings, and investing in technology and supply chain improvements.
- E-commerce and Innovation: The company aims to expand its e-commerce capabilities and integrate online and offline shopping experiences. Home Depot also invests in technology to improve its supply chain and better serve professional contractors.
Aspect ยท Details
Ownership Structure
Primarily owned by institutional investors, including The Vanguard Group (9%) and BlackRock (6.8%). Top individual investors include Craig A. Menear (Chairman and former CEO) and Edward P. Decker (Chair, President, and CEO).
Business Model
– Home improvement retailer offering a wide range of products.
– Operates retail stores and e-commerce channels.
– Provides expert advice, DIY workshops, and professional services.
Revenue Insights
– Revenue growth across various product categories, including dรฉcor/storage, building materials, plumbing, tools, appliances, and more.
– Top revenue-generating categories in 2022 include Indoor Garden, Appliances, Electrical/Lighting, and Lumber.
Organizational Structure
– Executive Leadership oversees overall strategy.
– Retail stores organized into regional divisions.
– Dedicated e-commerce division for online sales.
– Functional departments support various aspects of operations.
– Board of Directors responsible for corporate governance.
- Dรฉcor/Storage revenue increased from $4.96 billion in 2020 to $6.10 billion in 2021, and further to $6.36 billion in 2022.
- Building Materials revenue rose from $8.66 billion in 2020 to $9.82 billion in 2021, and then to $11.30 billion in 2022.
- Plumbing experienced growth from $8.92 billion in 2020 to $10.94 billion in 2021, and reached $12.61 billion in 2022.
- Tools revenue increased from $10.61 billion in 2020 to $11.99 billion in 2021, and then to $12.38 billion in 2022.
- Paint revenue grew from $10.05 billion in 2020 to $10.45 billion in 2021, and further to $11.18 billion in 2022.
- Kitchen and Bath revenue rose from $8.38 billion in 2020 to $10.43 billion in 2021, and reached $11.10 billion in 2022.
- Millwork revenue increased from $6.46 billion in 2020 to $7.41 billion in 2021, and then to $8.42 billion in 2022.
- Hardware revenue grew from $7.31 billion in 2020 to $7.87 billion in 2021, and reached $8.10 billion in 2022.
- Flooring revenue remained relatively stable, with $8.16 billion in 2020, $9.23 billion in 2021, and $9.22 billion in 2022.
- Outdoor Garden revenue increased from $9.60 billion in 2020 to $10.32 billion in 2021, and then to $10.08 billion in 2022.
- Appliances revenue experienced growth from $11.87 billion in 2020 to $14.23 billion in 2021, and reached $14.46 billion in 2022.
- Indoor Garden revenue grew from $14.65 billion in 2020 to $15.55 billion in 2021, but slightly decreased to $14.99 billion in 2022.
- Lumber revenue increased from $11.31 billion in 2020 to $13.34 billion in 2021, and then to $13.46 billion in 2022.
- Electrical/Lighting revenue experienced growth from $11.18 billion in 2020 to $13.47 billion in 2021, and reached $13.75 billion in 2022.
Business Model of Home Depot:
Home Depot operates as a leading home improvement retailer, and its business model includes the following key elements:
In one lineHome Depot is primarily owned by institutional investors like The Vanguard Group (9%) and BlackRock (6.8%) while top individual investors comprise Craig A.
Home Depot is primarily owned by institutional investors like The Vanguard Group (9%) and BlackRock (6.8%) while top individual investors comprise Craig A.
The Home Depot reported net sales of $164.7 billion and net earnings of $14.2 billion, or $14.23 per diluted share, in fiscal 2025.
At the end of fiscal 2025, The Home Depot employed approximately 472,400 associates.
Public Trading: The Home Depot is publicly traded on the New York Stock Exchange under the ticker symbol HD, with ownership distributed among a diverse range of institutional and individual shareholders.
Layout and figures refreshed 6 October 2026. Sources are listed at the end of the article.
Corporate Strategy: Home Depot focuses on being the number one home improvement retailer by enhancing its customer service, expanding its product offerings, and investing in technology and supply chain improvements.
Home Depot's revenue has shown consistent growth across various product categories, including dรฉcor/storage, building materials, plumbing, tools, and appliances.
Under the leadership of individuals like Menear and Decker, Home Depot continues to enhance its customer-centric approach, positioning itself as a go-to destination for home improvement needs.
- Product Selection: Home Depot offers a wide range of home improvement products, including tools, building materials, plumbing, flooring, electrical/lighting, appliances, and more.
- Retail Stores: The company operates a network of retail stores where customers can browse and purchase home improvement products.
- E-Commerce: Home Depot has a robust online platform that allows customers to shop for products online and have them delivered to their doorstep.
- Expert Advice: The company provides expert advice and assistance to customers through its knowledgeable staff, DIY workshops, and online resources.
- Professional Services: Home Depot offers professional installation and other services for certain products, catering to contractors and homeowners.
Organizational Structure of Home Depot:
Home Depot’s organizational structure likely includes the following components:
- Executive Leadership: The company has a leadership team, including executives and senior managers, responsible for setting strategic direction and overseeing operations.
- Retail Stores: Home Depot’s retail stores are organized into regional divisions, each with its own management team.
- E-Commerce Division: The company likely has a dedicated division handling its online sales and operations.
- Functional Departments: Home Depot likely has various functional departments, such as finance, merchandising, marketing, human resources, and logistics, supporting its overall operations.
- Board of Directors: Home Depot has a board of directors responsible for corporate governance and decision-making.
Dรฉcor/Storage revenue increased from $4.96 billion in 2020 to $6.10 billion in 2021, and further to $6.36 billion in 2022.
Building Materials revenue rose from $8.66 billion in 2020 to $9.82 billion in 2021, and then to $11.30 billion in 2022.
Appliances revenue experienced growth from $11.87 billion in 2020 to $14.23 billion in 2021, and reached $14.46 billion in 2022.
Indoor Garden revenue grew from $14.65 billion in 2020 to $15.55 billion in 2021, but slightly decreased to $14.99 billion in 2022.
Lumber revenue increased from $11.31 billion in 2020 to $13.34 billion in 2021, and then to $13.46 billion in 2022.
Electrical/Lighting revenue experienced growth from $11.18 billion in 2020 to $13.47 billion in 2021, and reached $13.75 billion in 2022.
Key Takeaways:
- Home Depot is primarily owned by institutional investors, with The Vanguard Group and BlackRock being the largest shareholders.
- The company’s business model focuses on providing a wide selection of home improvement products through retail stores and e-commerce channels.
- Home Depot’s revenue has shown consistent growth across various product categories, including dรฉcor/storage, building materials, plumbing, tools, and appliances.
- The organization’s executive leadership comprises prominent individuals like Craig A. Menear and Edward P. Decker, who play key roles in guiding the company’s operations and strategy.
Key Highlights:
- About Home Depot:
- Home Depot is a leading home improvement retailer, offering a diverse range of products from tools to building materials and appliances.
- Ownership Structure:
- Institutional Investors:
- The Vanguard Group: Holds 9% of Home Depot’s ownership.
- BlackRock: Owns 6.8% of the company.
- Individual Investors:
- Craig A. Menear: Chairman and former CEO.
- Edward P. Decker: Chair, president, and CEO.
- Institutional Investors:
- Revenue Insights:
- Home Depot has experienced consistent revenue growth across various categories.
- Top revenue-generating categories in 2022 include Indoor Garden (9.52% of total revenue), Appliances (9.18% of total revenue), Electrical/Lighting (8.73% of total revenue), and Lumber (8.55% of total revenue).
- Business Model:
- Home Depot provides a vast selection of home improvement products through its retail stores and e-commerce platform.
- Expert advice, DIY workshops, and online resources enhance customer shopping experiences.
- The company also offers professional installation and services, catering to both contractors and homeowners.
- Organizational Structure:
- Executive Leadership: Guided by key figures like Craig A. Menear and Edward P. Decker.
- Retail Stores: Organized into regional divisions, each with its management team.
- E-Commerce Division: Dedicated to handling online sales and operations.
- Functional Departments: Support departments like finance, merchandising, marketing, HR, and logistics facilitate operations.
- Board of Directors: Provides corporate governance and major decision-making.
- Conclusion:
- Home Depot is a dominant player in the home improvement sector, with strong backing from major institutional investors.
- The company’s diverse product offerings, combined with its retail and online presence, drive consistent revenue growth across categories.
- Under the leadership of individuals like Menear and Decker, Home Depot continues to enhance its customer-centric approach, positioning itself as a go-to destination for home improvement needs.
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Sources for the figures updated on 6 October 2026
- SEC EDGAR filings (fiscal 2025 (ended 1 February 2026), primary)
- SEC EDGAR filings (Q2 fiscal 2026 (ended 2 August 2026), primary)
