The Home Depot (XSWX:HD) Dividend Payout Ratio: 0.68 (As of Apr. 2026) — 36% Above Median


XSWX:HD The Home Depot Inc XSWX:HD
83 GF Score
Price CHF266.14
GF Value CHF312.72
! 3 Warning Signs
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What is The Home Depot Dividend Payout Ratio?

The Home Depot XSWX:HD -0.82% 83 Dividend Payout Ratio is 0.68 as of Apr. 2026, which is 36% above its 10-year median of 0.50. GuruFocus rates XSWX:HD with a GF Score™ of 83/100 and a GF Value™ of CHF312.72. The stock has 3 warning signs investors should review. Among 513 Retail - Cyclical companies, The Home Depot ranks worse than 69.59% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. The Home Depot's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.68.

The historical rank and industry rank for The Home Depot's Dividend Payout Ratio or its related term are showing as below:

XSWX:HD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.5   Max: 0.63
Current: 0.16

During the past 13 years, the highest Dividend Payout Ratio of The Home Depot was 0.63. The lowest was 0.16. And the median was 0.50.

XSWX:HD's Dividend Payout Ratio is ranked worse than
69.59% of 513 companies
in the Retail - Cyclical industry
Industry Median: 0.41 vs XSWX:HD: 0.16

As of today (2026-06-24), the Dividend Yield % of The Home Depot is 1.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of The Home Depot was 3.58%. The lowest was 1.38%. And the median was 2.20%.

The Home Depot's Dividends per Share for the months ended in Apr. 2026 was CHF1.84.

During the past 12 months, The Home Depot's average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Home Depot was 152.00% per year. The lowest was 1.60% per year. And the median was 23.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

The Home Depot (XSWX:HD) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

The Home Depot Dividend Payout Ratio Related Terms

The Home Depot Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for The Home Depot's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Home Depot Dividend Payout Ratio Chart

The Home Depot Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.00 0.00 0.00 0.00

The Home Depot Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.68

XSWX:HD vs LOW, FND, HVT: Dividend Payout Ratio Comparison

For the Home Improvement Retail subindustry, The Home Depot's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Home Depot Dividend Payout Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where The Home Depot's Dividend Payout Ratio falls into.


XSWX:HD
83GF Score
The Home Depot Inc XSWX:HD
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The Home Depot Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

The Home Depot's Dividend Payout Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jan. 2026 )/ EPS without NRI (A: Jan. 2026 )
=0/ 11.596
=0.00

The Home Depot's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2026 )/ EPS without NRI (Q: Apr. 2026 )
=1.835/ 2.701
=0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.68 mean?
The Home Depot (XSWX:HD) has a Dividend Payout Ratio of 0.68 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Home Depot and its competitors. This is 36% above median its historical median of 0.50. Over the past decade, The Home Depot's Dividend Payout Ratio has ranged from 0.16 to 0.63. According to the industry distribution chart, The Home Depot ranks #357 out of 513 companies in the Retail - Cyclical industry, placing it in the top 69.6%.
Is The Home Depot's Dividend Payout Ratio too high?
The Home Depot's current Dividend Payout Ratio of 0.68 is 36% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.63. The Retail - Cyclical industry median Dividend Payout Ratio is 0.41. The Home Depot's value of 0.68 is 65.9% above this industry median. Based on the distribution chart, The Home Depot ranks #357 out of 513 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, The Home Depot has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does The Home Depot's Dividend Payout Ratio compare to LOW and FND?
According to the Retail - Cyclical industry distribution chart, The Home Depot ranks #357 out of 513 companies for Dividend Payout Ratio. This places The Home Depot in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. The Home Depot's value of 0.68 is 65.9% above this benchmark. Historically, The Home Depot's own Dividend Payout Ratio has ranged from 0.16 to 0.63 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.41, The Home Depot has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Retail - Cyclical company?
The median Dividend Payout Ratio among Retail - Cyclical companies is 0.41, based on 513 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Home Depot's current Dividend Payout Ratio of 0.68 is 65.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Home Depot and its competitors. For the Retail - Cyclical industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Home Depot's current Dividend Payout Ratio is 0.68, which is 36% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Home Depot stock overvalued right now?
The Home Depot (XSWX:HD) has a current Dividend Payout Ratio of 0.68. The stock's GF Value™ is CHF312.72, compared to a current price of CHF266.14 — trading 14.9% below its estimated fair value. The current Dividend Payout Ratio is 0.68, which is 36% above median its 10-year median of 0.50 and 65.9% above the Retail - Cyclical industry median of 0.41. The Home Depot's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For The Home Depot (XSWX:HD), the current Dividend Payout Ratio is 0.68 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Home Depot (XSWX:HD) Overvalued in 2026?

Based on GuruFocus' analysis, The Home Depot stock appears to be undervalued. The current stock price of CHF266.14 is trading 14.9% below its estimated GF Value™ of CHF312.72.

Key valuation signals for XSWX:HD:

  • Dividend Payout Ratio: 0.68 (36% above median its 10-year median of 0.50)
  • GF Value™: CHF312.72 vs. price of CHF266.14 (14.9% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 65.9% above the Retail - Cyclical median (#357 of 513)

No single metric tells the full story. See the XSWX:HD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Home Depot Business Description

Address 2455 Paces Ferry Road, Atlanta, GA, USA, 30339
Home Depot is the world's largest home improvement specialty retailer, operating 2,361 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The 2024 tie-up with SRS will help grow professional demand in roofing, pool, and landscaping projects, while the 2025 purchase of GMS will lift building product sales through 1,250 distribution locations.
83GF Score

Get the complete analysis for XSWX:HD

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF266.14
Price
CHF312.72
GF Value