HD · 10-Q · 2026Q3 · Full report
Capital Expenditure Program
HOME DEPOT, INC. · 2026-08-25 · Importance 46 · Surprise 42 · Matches filing data
Home Depot invested $1.7 billion in capital expenditures during the first six months of fiscal 2026. Management plans approximately $4 billion of fiscal 2026 capital expenditures, equivalent to about 2.5% of projected fiscal 2026 net sales. Investments will support new stores, existing-store maintenance, an interconnected customer experience, and the Pro customer strategy. The company may adjust spending in response to business needs, strategic positioning, or the economic environment, and may use acquisitions to accelerate strategic initiatives.
Key facts
- Net property and equipment included accumulated depreciation and finance lease amortization of $32.9 billion as of August 2, 2026 and $31.4 billion as of February 1, 2026. source
- Total lease assets (operating lease right-of-use assets plus finance lease assets included in net property and equipment) were $11,991 million at August 2, 2026 and $11,767 million at February 1, 2026. source
- Net property and equipment: $28,147 million at August 2, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | negative | realized | -1.4% | Net property and equipment included accumulated depreciation and finance lease amortization of $32.9 billion as of August 2, 2026 and… |
| assets | positive | realized | +0.2% | Total lease assets (operating lease right-of-use assets plus finance lease assets included in net property and equipment) were $11,991… |