Last updated
    The Home Depot
    hardware store, retail

    The Home Depot

    United States flagUnited States

    "More saving. More doing."

    Founded 1978 Atlanta, Cobb County CEO: Ted Decker
    Community

    About

    The Home Depot is an American multinational home improvement retailer that sells tools, construction products, appliances, and services such as fuel and equipment rentals. It is the largest home improvement retailer in the United States, reporting $159.5 billion in revenue for fiscal 2024 with about 470,100 associates. Headquartered in Cobb County, Georgia, with an Atlanta mailing address, the company operates big-box stores across the U.S., including Guam, Puerto Rico, and the U.S. Virgin Islands, as well as all 10 Canadian provinces and all 31 Mexican states plus Mexico City. It also owns Interline Brands, known as The Home Depot Pro, a maintenance, repair, and operations company with 70 distribution centers nationwide. The Home Depot ranks as the seventh largest U.S.-based employer globally.

    The company was founded in 1978 by Bernard Marcus, Arthur Blank, Pat Farrah, Ron Brill, and Kenneth Langone after they were fired from Handy Dan, a home improvement chain. The first two stores opened on June 22, 1979, in Atlanta, each roughly 60,000 square feet, massive warehouses that stocked 25,000 products, far more than any competitor. Home Depot went public in 1981, fueling rapid expansion into Canada and Mexico. Its warehouse format, emphasis on knowledgeable staff, and free in-store workshops for DIYers quickly made it the dominant player.

    Home Depot's product lineup includes over 35,000 items in stores and more than one million online. Products are grouped into four categories: leadership, commodity, core, and emerging. The company also runs private brands like Husky tools and HD Supply. Its "inverted pyramid" management philosophy puts customers and front-line associates first, supported by regional and corporate leadership. The brand's orange-and-white color scheme is instantly recognizable across North America.

    Products & Sub-brands

    ToolsLumber and building materialsAppliancesPaint and flooringPlumbing and electrical suppliesGarden and outdoor equipmentHome decorHusky toolsHD SupplyInterline Brands (The Home Depot Pro)Tool and equipment rentalsInstallation services

    Frequently Asked Questions

    Who owns The Home Depot?
    The Home Depot is a publicly traded company on the New York Stock Exchange under the ticker HD. It is owned by its shareholders, with major institutional investors like The Vanguard Group, BlackRock, and State Street Corporation. No single individual owns the company.
    Who is the CEO of Home Depot?
    The current CEO is Ted Decker, who took over in 2022. He succeeded Craig Menear (2014–2022) and Frank Blake (2007–2014). Decker previously served as President and COO.
    How much is Home Depot worth?
    For fiscal 2024, Home Depot reported $159.5 billion in revenue. Its market capitalization typically ranges between $300 billion and $350 billion, making it one of the most valuable retailers globally and a top Fortune 500 company.
    Home Depot vs. Lowe's: Which is better?
    Home Depot and Lowe's are the two largest home improvement retailers in the U.S. Home Depot generally offers a wider selection of professional-grade tools and building materials, while Lowe's focuses more on home decor and DIY-friendly products. Home Depot commands about 51% of the industry market share.
    Is Home Depot still in business?
    Yes, Home Depot remains the world's largest home improvement retailer. As of 2024, it operates over 2,300 stores across North America, employs roughly 470,000 people, and generated $159.5 billion in revenue. It continues to expand its digital and physical presence.

    Keywords

    home improvementDIYhardwaretoolsbuilding materialslumberappliancespaintflooringplumbingelectricalgardenoutdoorHuskyHD SupplyretailwarehouseAtlanta

    Sources

    Company Info

    Founded
    1978
    Founder
    Arthur Blank, Bernard Marcus, Pat Farrah, Ron Brill, Kenneth Langone
    CEO
    Ted Decker
    Headquarters
    Atlanta, Cobb County
    Industry
    hardware store, retail
    Revenue
    159500000000
    Employees
    470100
    Number of Stores
    Over 2,300
    Stock Ticker
    HD (NYSE)

    Official Website

    www.homedepot.com/

    Join the community

    fans discussing