Stock Analysis on Net

Home Depot Inc. (NYSE:HD)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Home Depot Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Nov 2, 2025 Aug 3, 2025 May 4, 2025 Feb 2, 2025 Oct 27, 2024 Jul 28, 2024 Apr 28, 2024 Jan 28, 2024 Oct 29, 2023 Jul 30, 2023 Apr 30, 2023 Jan 29, 2023 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Jan 30, 2022 Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Nov 1, 2020 Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019
Cash and cash equivalents
Receivables, net
Merchandise inventories
Other current assets
Current assets
Net property and equipment
Operating lease right-of-use assets
Goodwill
Intangible assets, net
Other assets
Long-term assets
Total assets

Based on: 10-Q (reporting date: 2025-11-02), 10-Q (reporting date: 2025-08-03), 10-Q (reporting date: 2025-05-04), 10-K (reporting date: 2025-02-02), 10-Q (reporting date: 2024-10-27), 10-Q (reporting date: 2024-07-28), 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05).


Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets demonstrates notable volatility. Initially stable around 3.65% to 4.90% through mid-2019, it sharply increased to a peak of 22.32% in August 2020, likely reflecting heightened liquidity needs or cash preservation during that period. Thereafter, it generally declined and stabilized around 1.5% to 4.9% from 2021 onward, suggesting normalization of cash holdings.
Receivables, net
Receivables as a percentage of total assets remained relatively stable, fluctuating predominantly between 4.0% and 6.4% over the entire period. A slight upward trend is observed from late 2022 through late 2025, where receivables increased to above 6%, potentially indicating increased credit sales or slower collections.
Merchandise inventories
Inventory levels showed considerable variation. Beginning around 30% in early 2019, inventories declined to a low near 21% by mid-2020, correlating with the period of increased cash holdings. From late 2020, inventories rebounded, reaching a peak above 34% in mid-2022. Subsequently, a downward trend ensued, with inventories settling around the mid-20% range by late 2025, which might reflect adjustments to inventory management or demand patterns.
Other current assets
This category remained relatively minor, between 1.3% and 2.5% of total assets, with minor fluctuations but no distinct trend, indicating it consistently comprises a small portion of current assets.
Current assets
Current assets, as a total percentage of assets, mirror some of the volatility seen in cash and inventories. A peak is noted in mid-2020 at approximately 49.5%, coinciding with elevated cash levels and reduced inventories. After this peak, current assets generally declined to around 33% by late 2024 and 2025, suggesting a strategic shift toward a lower current asset base relative to total assets.
Net property and equipment
Net property and equipment steadily declined from about 43% in early 2019 to near 26% by late 2025. This decrease indicates either asset disposals, depreciation outpacing acquisitions, or a strategic de-emphasis on fixed assets relative to the asset base.
Operating lease right-of-use assets
Operating lease assets constituted about 8-11% of total assets throughout the period, showing relative stability with slight fluctuations. A modest increase is noted from 2022 to early 2024, indicating some incremental adoption or valuation of leased assets.
Goodwill
Goodwill experienced a significant increase in early 2021, jumping from around 3.3% to over 10%, and further peaking above 20% towards late 2024 and 2025. This substantial rise suggests sizeable acquisitions or revaluations impacting recorded goodwill, reflecting enhanced intangible asset creation through business combinations.
Intangible assets, net
Intangible assets, separately identified starting in late 2024, represent about 8.7% to 9.8% of total assets. Their appearance alongside growing goodwill indicates an increased recognition of intangible assets over time.
Other assets
Aside from a spike occurring between late 2020 and early 2022, where other assets approached 6%, this category remained a minor component otherwise, fluctuating generally below 1.6%. The spike likely aligns to reclassification or recognition of additional asset types which later normalized.
Long-term assets
The share of long-term assets fluctuated significantly from about 60% in early 2019, dropping to a low near 48% in late 2020 during the period of high cash holdings, then rebounding to around 66% by late 2024. This variation reflects shifts between current and long-term asset compositions, influenced by changes in cash, fixed assets, goodwill, and other intangibles.