HD · 10-Q · 2026Q2 · Full report
Capital Expenditure Guidance
HOME DEPOT, INC. · 2026-05-27 · Importance 62 · Surprise 42 · In source text
During Q1 fiscal 2026 the Company invested $844 million in capital expenditures. Management plans to invest approximately $4 billion in capital expenditures in fiscal 2026, which it states is in line with an expectation of approximately 2.5% of projected fiscal 2026 net sales. Planned investments are targeted to building and maintaining stores, delivering interconnected digital and physical experiences, and supporting professional (Pro) customers, with the caveat that management may adjust capex in response to operations, strategic positioning or the economic environment.
Key facts
- Planned capital expenditures for fiscal 2026: approximately $4 billion, ~2.5% of projected fiscal 2026 net sales. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -3.1% | Planned capital expenditures for fiscal 2026: approximately $4 billion, ~2.5% of projected fiscal 2026 net sales. |
| assets | positive | committed | +3.1% | Planned capital expenditures for fiscal 2026: approximately $4 billion, ~2.5% of projected fiscal 2026 net sales. |