HDHome Depot (The)

$334.83

Is it safe?

Can HD take a bad year?

Home Depot (The) carries $50.8B of net debt at 2.07× EBITDA: a load its earnings can carry.

$50.8B

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.07×

Net debt / EBITDA · 1.99× a year ago · the load is going up

Altman Z-score
5.73

Altman Z-score · safe zone, above 3

Interest cover
8.70×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ2 2026
$52.9B
Cash and short-term investments
$2.08B
Net debt
$50.8B
EBITDA, trailing twelve months
$24.5B
Operating profit, trailing twelve months
$21.0B
Debt / equity
3.18×
Total debt / EBITDA
2.16×
Annualised volatilitytwo years of daily moves
24%
Worst drawdown on file
−38%
Below its 52-week high
−19%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.