Home Depot Q4 EPS Beats Estimates; FY Sales Rise 3.2% to $164.7B

Home Depot reported adjusted diluted earnings per share of $2.72 for fourth quarter fiscal 2025, beating the $2.55 estimate and Wall Street pre-release range near $2.53 to $2.56, while revenue came in at roughly $38.198 billion. The company recorded GAAP net earnings of $2.571 billion and GAAP diluted EPS of $2.58 for the quarter, and comparable-store sales rose 0.4 percent in the period.

Year-over-year comparisons were affected by a 14th week in fiscal 2024 that added approximately $0.30 to diluted and adjusted diluted EPS and about $2.5 billion in sales. Q4 FY25 revenue of $38.198 billion was down 3.8 percent from the $39.704 billion reported in the fourth quarter of fiscal 2024, and GAAP diluted EPS declined from $3.02 to $2.58 versus the prior-year quarter.

For the full fiscal 2025 year, Home Depot reported sales of $164.7 billion, an increase of $5.2 billion or 3.2 percent versus fiscal 2024. Comparable sales for FY25 increased 0.3 percent overall, with U.S. comparable sales up 0.5 percent. Net earnings for fiscal 2025 totaled $14.156 billion and diluted GAAP EPS was $14.23 per share; adjusted diluted EPS for the year was $14.69, down from $15.24 in fiscal 2024.

Shareholder returns will continue: the company raised its quarterly dividend by 1.3 percent to $2.33 per share, described in company materials as marking the 156th consecutive quarterly dividend. Dividend payment history shows recent paid amounts of 230 cents and 242 cents across 2024 and 2025, and a declaration entry appears in the company dividend schedule for Feb. 24, 2026.

Looking ahead, Home Depot’s brief outlook lists FY26 guidance calling for sales growth of 2.5 to 4.5 percent. Outside analysts had mixed expectations heading into the release; TipRanks recorded an options-implied move around 4.43 percent versus the stock’s four-quarter average post-earnings move of 3.16 percent, and analyst Shemesh’s pre-release forecasts included FY26 comparable sales growth of 2.2 percent and adjusted EPS of $15.13, with Q1 FY26 comps pegged at 1.5 percent and adjusted EPS at $3.66.

The company’s per-share math in the quarter reflects modest share-count change and lower margins: basic weighted average common shares were 993 million versus 991 million a year earlier, and diluted weighted average common shares were 995 million versus 994 million. Provision for income taxes in the tabular results showed 727 versus 890 in the comparative column provided.

Investors and store managers should note the split between adjusted and GAAP results: adjusted EPS beat expectations, while GAAP EPS and revenue trended below the prior-year quarter once the extra week in fiscal 2024 is accounted for. With FY25 sales at $164.7 billion and FY26 guidance pointing to low-single-digit sales growth, Home Depot is signaling a steady but cautious path for sales and margins into the coming year.