Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

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

US$ in millions

	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	1,684)	2,804)	1,369)	1,659)	1,531)	1,613)	4,264)	3,760)	2,058)	2,814)	1,260)	2,757)	2,462)	1,259)	2,844)	2,343)	5,067)	4,566)	6,648)	7,895)	14,652)	14,139)	8,696)	2,133)	2,193)	2,547)	1,882)
Receivables, net	6,765)	5,878)	5,886)	4,903)	5,782)	5,503)	4,105)	3,328)	3,932)	3,836)	4,213)	3,317)	3,732)	3,725)	3,936)	3,426)	3,533)	3,322)	3,624)	2,992)	2,666)	2,562)	2,610)	2,106)	2,231)	2,274)	2,317)
Merchandise inventories	26,203)	24,843)	25,763)	23,451)	23,897)	23,060)	22,416)	20,976)	22,805)	23,265)	25,371)	24,886)	25,719)	26,088)	25,297)	22,068)	20,582)	18,909)	19,178)	16,627)	16,155)	13,498)	14,989)	14,531)	15,711)	14,741)	15,495)
Other current assets	1,463)	1,866)	1,511)	1,670)	1,739)	2,097)	1,837)	1,711)	1,887)	1,915)	1,579)	1,511)	1,768)	1,869)	1,790)	1,218)	1,284)	1,465)	1,222)	963)	1,032)	1,162)	982)	1,040)	1,039)	1,137)	859)
Current assets	36,115)	35,391)	34,529)	31,683)	32,949)	32,273)	32,622)	29,775)	30,682)	31,830)	32,423)	32,471)	33,681)	32,941)	33,867)	29,055)	30,466)	28,262)	30,672)	28,477)	34,505)	31,361)	27,277)	19,810)	21,174)	20,699)	20,553)
Net property and equipment	27,683)	26,896)	26,780)	26,702)	26,573)	26,640)	25,997)	26,154)	25,735)	25,879)	25,674)	25,631)	25,240)	25,247)	25,166)	25,199)	24,935)	24,750)	24,673)	24,705)	23,848)	23,387)	22,697)	22,770)	22,472)	22,387)	22,270)
Operating lease right-of-use assets	9,041)	8,662)	8,699)	8,592)	8,521)	8,613)	7,913)	7,884)	7,071)	7,139)	6,931)	6,941)	6,523)	6,132)	5,980)	5,968)	5,903)	5,960)	5,864)	5,962)	5,433)	5,436)	5,634)	5,595)	5,638)	5,789)	5,629)
Goodwill	22,267)	19,619)	19,568)	19,475)	19,428)	19,414)	8,464)	8,455)	7,937)	7,664)	7,447)	7,444)	7,434)	7,451)	7,450)	7,449)	7,445)	7,454)	7,137)	7,126)	2,236)	2,233)	2,220)	2,254)	2,253)	2,254)	2,250)
Intangible assets, net	10,416)	8,770)	8,888)	8,983)	9,112)	9,214)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Other assets	752)	711)	693)	684)	681)	692)	4,234)	4,262)	4,152)	3,875)	3,911)	3,958)	3,988)	4,054)	4,104)	4,205)	4,282)	4,343)	4,221)	4,311)	897)	932)	909)	807)	772)	881)	813)
Long-term assets	70,159)	64,658)	64,628)	64,436)	64,315)	64,573)	46,608)	46,755)	44,895)	44,557)	43,963)	43,974)	43,185)	42,884)	42,700)	42,821)	42,565)	42,507)	41,895)	42,104)	32,414)	31,988)	31,460)	31,426)	31,135)	31,311)	30,962)
Total assets	106,274)	100,049)	99,157)	96,119)	97,264)	96,846)	79,230)	76,530)	75,577)	76,387)	76,386)	76,445)	76,866)	75,825)	76,567)	71,876)	73,031)	70,769)	72,567)	70,581)	66,919)	63,349)	58,737)	51,236)	52,309)	52,010)	51,515)

The analysis of the quarterly financial data reveals several notable trends across key balance sheet components over the monitored periods.

Cash and Cash Equivalents: Cash balances demonstrated significant volatility, with an initial increase from 1,882 million to a peak of 14,652 million, followed by sharp fluctuations. A declining trend is observable in certain periods, especially moving towards the latest quarters, where cash levels settled between approximately 1,600 million and 2,800 million. This variability may reflect changes in operational cash flow, investment activities, or liquidity management decisions.
Receivables, Net: Receivables showed a progressive upward trend, increasing from 2,317 million early on to reach highs exceeding 6,700 million in the latest periods. Growth in receivables suggests increased credit sales or delayed collections, which may impact cash management, indicating expansion in customer credit or sales volumes.
Merchandise Inventories: Inventory levels exhibited an overall upward trajectory, starting at approximately 15,495 million and increasing to over 26,000 million in recent quarters. This steady rise suggests increased stock holding, potentially linked to higher sales demand anticipation or changes in inventory management strategy. Some short-term declines were noted but did not offset the medium-term increase.
Other Current Assets: Other current assets fluctuated mildly but generally trended upwards from 859 million to peaks near 2,100 million. This increase reflects a probable accumulation of prepayments, deferred expenses, or other miscellaneous current asset components supporting business operations.
Current Assets: The total of current assets expanded markedly from about 20,553 million to over 36,000 million, in line with increases in cash, receivables, and inventories. This growth denotes greater short-term resource availability, which could support operational scale-up or buffer against liabilities.
Net Property and Equipment: Investments in property and equipment remained relatively stable but showed a gradual increase over time from roughly 22,270 million to over 27,000 million, indicating ongoing capital expenditures to maintain or expand physical asset capacity.
Operating Lease Right-of-Use Assets: Operating lease assets displayed a consistent rise, growing from about 5,629 million to more than 9,000 million. This denotes increasing lease commitments or recognition of leased assets under accounting standards, signaling an expanding footprint or additional leased facilities.
Goodwill: Goodwill values saw a sharp step increase around the middle of the timeline, jumping from approximately 2,250 million to more than 7,000 million, and further escalating to over 22,000 million towards the latest periods. This substantial growth likely results from acquisitions or business combinations, reflecting expansion through strategic purchases.
Intangible Assets, Net: While intangible assets were absent in earlier periods, they appear in later quarters at values exceeding 8,700 million and rising to over 10,000 million. This pattern corresponds with increases in goodwill and suggests capitalization of intangible assets related to acquisitions or internal developments.
Other Assets: Other assets fluctuated considerably, with notable spikes coinciding with underlying goodwill increases. For example, after initially modest values around 800 million, there is a sudden jump surpassing 4,300 million, followed by decreases and volatility. This indicates reclassification, impairment, or restructuring of miscellaneous long-term assets.
Long-term Assets: Long-term asset totals increased substantially, moving from about 30,962 million to nearly 70,000 million in the latest periods. The rise reflects the cumulative effect of growth in property, lease assets, goodwill, intangible assets, and other long-term investments, highlighting ongoing expansion and capital intensification.
Total Assets: Total assets exhibited an overall increasing trend from approximately 51,515 million to over 106,000 million. The steady growth illustrates the company’s expansion in both current and non-current resources, signifying broad asset base strengthening and potential scaling of operational capacity.

Assets: Selected Items

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Current Assets: Selected Items

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Home Depot Inc. (NYSE:HD)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data