Home Depot reported fourth-quarter 2025 earnings of $2.72 per share, surpassing analyst estimates of $2.53. Quarterly revenue reached $38.2 billion. Full-year 2025 net earnings totaled $14.2 billion. Global comparable sales grew 0.4% for the full year, demonstrating resilience against a cooling housing market.
The board approved a 1.3% dividend increase to $2.33 per quarter. This marks the 15th consecutive year of dividend growth for the retailer. Shares rose 1.61% in after-hours trading following the announcement.
Management reaffirmed 2026 guidance, projecting same-store sales growth between flat and 2.0%. Total sales are expected to grow 2.5% to 4.5% for the upcoming year. The company targets an adjusted operating margin of 12.8% to 13.0%. A strategic focus on Complex Pro contractors continues to mitigate declining DIY discretionary spending caused by elevated mortgage rates.