Home Depot Inc (NYSE:HD) is a leading home improvement retailer in the United States, offering a wide range of products for home renovation and construction. The company competes with other major retailers like Lowe's and Menards. Home Depot is set to release its third-quarter earnings on November 18, 2025, with analysts closely watching its financial performance.
Wall Street analysts estimate Home Depot's earnings per share (EPS) to be around $3.81, with revenue projected at approximately $41.12 billion. This aligns with the anticipated 2% growth in both revenue and earnings compared to the previous year. The company's stock has decreased by about 5% year-to-date and is 15% below its 52-week high, as highlighted by recent market trends.
In the previous quarter, Home Depot reported $45.3 billion in revenue, marking a 5% year-over-year increase. Analysts are particularly interested in the company's comparable store sales and product mix for the upcoming quarter. Bank of America projects a 1.3% increase in comparable store sales for Q3, slightly higher than the 1% growth reported in the second quarter.
Home Depot's management had previously reaffirmed its full-year guidance, projecting about 2.8% sales growth and 1% comparable sales growth. Any changes to this guidance could significantly impact investor sentiment. The company's price-to-earnings (P/E) ratio is approximately 24.57, indicating the price investors are willing to pay for each dollar of earnings.
The company's debt-to-equity ratio is around 5.75, suggesting a higher reliance on debt financing. The current ratio stands at 1.15, indicating Home Depot's ability to cover its short-term liabilities with its short-term assets. These financial metrics provide insight into the company's overall financial health and its ability to navigate market challenges.