Home Depot's Margins Hold Steady: Is Top-Line Growth Stalling?

Key Takeaways HD maintained gross margin of 33.8% and operating margin of 13.2% in Q1 fiscal 2025 despite cost pressures. Comps fell 0.3% as customers favored smaller DIY projects over large remodels amid high interest rates. Investments in Pro ecosystem, Magic Apron and exclusive brands aim to drive future top-line growth.Margins are a vital indicator of operational efficiency, and for The Home Depot Inc. (HD) , margins are its core strength. With its scale-driven cost leverage, tight inventory controls ...