The Home Depot - Statistics & Facts

With stores across North America, the company is the leading DIY and home improvement chain in the United States and Canada. By the end of the fiscal year 2021, Home Depot had generated over 151 billion U.S. dollars in revenue, and its revenue in the previous year placed it as the home improvement leader worldwide.

Home Depot facts and figures

The Home Depot is an U.S. home improvement retailer whose first store opened over 40 years ago in Atlanta, Georgia. As of the beginning of 2022, the company had over 2,300 stores, with the United States being the retailer’s biggest market. In 2021, Home Depot’s brand was valued at nearly 53 billion U.S. dollars, competing with world famous names such as Walmart. In that same ranking, the company beat one of its main competitors, Lowe’s, by a significant amount.

E-commerce and online presence

Home Depot has been investing in its strategy to connect its stores online and bring the online experience to their stores. In short, the goal is to provide a two-way infrastructure, creating an omnichannel by connecting the online and in-store channels. As of 2021, the home improvement giant was among the top five leading e-commerce retailers in the United States, and the second leading online store in the furniture and appliances segment based on e-commerce net sales. The company offers approximately one million products on its online page, as well as DIY projects inspiration via the company’s blog.

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