v3.25.1
Cover
12 Months Ended
Feb. 02, 2025
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name THE HOME DEPOT, INC.
Entity Central Index Key 0000354950
v3.25.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Feb. 02, 2025
Jan. 28, 2024
Jan. 29, 2023
Jan. 30, 2022
Jan. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE TABLE
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
Year
Summary Compensation Table Total for CEO
($)(1)
Compensation Actually Paid to CEO
($)(2)
Average Summary Compen-
sation Table Total for
Non-CEO NEOs
($)(3)
Average Compen-
sation Actually Paid to
 Non-CEO NEOs
($)(4)
Value of Initial Fixed $100 Investment Based on:
Net Income
 ($)(7)
(in billions)
Operating Profit
($)(8)
 (in billions)
CEOFormer CEOCEOFormer CEO
TSR
($)(5)
Peer Group TSR
($)(6)
202415,574,678 — 20,017,546 — 4,782,536 6,355,234 203.8 227.9 14.81 21.42 
202314,419,252 — 18,272,399 — 4,540,911 4,391,001 171.6 165.2 15.14 21.65 
202214,619,789 9,020,862 7,501,985 (2,905,659)4,390,720 953,780 148.8 124.0 17.11 24.09 
2021— 13,059,751 — 51,702,946 5,568,673 18,194,527 168.0 149.7 16.43 22.92 
2020— 13,995,092 — 26,400,107 5,261,268 9,186,485 121.6 141.4 12.87 20.64 
(1)Mr. Decker served as our CEO for Fiscal 2024 and Fiscal 2023; Mr. Decker and Craig Menear each served for a period of time as our CEO for Fiscal 2022; and Mr. Menear was our CEO for Fiscal 2021 and Fiscal 2020. The dollar amounts reported in column (b) are the amounts of total compensation reported in the “Total” column of the Summary Compensation Table for our CEO and former CEO for the corresponding years in which each served as our CEO. As discussed in the Summary Compensation Table, Fiscal 2024 contained 53 weeks, compared to 52 weeks in Fiscal 2023, so Fiscal 2024 includes one additional week of pay.
       
Peer Group Issuers, Footnote Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the S&P 500 Consumer Discretionary Distribution & Retail Index, which we refer to as the S&P Retail Composite Index.        
Adjustment To PEO Compensation, Footnote In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the Summary Compensation Table (or “SCT”) total compensation for Fiscal 2024 to determine the CAP for Fiscal 2024:
CEO SCT Total to CAP Reconciliation
Year
Reported
Summary Compensation
 Table Total for CEO
($)
Deductions from SCT Total
($)(a)
Equity
Award Adjustments
($)(b)
Compensation Actually
Paid to CEO (as defined by SEC rule)
($)
202415,574,678 (11,242,987)15,685,855 20,017,546 
(a)Represents the grant date fair value of equity awards, which are the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for Fiscal 2024.
(b)The equity award adjustments for Fiscal 2024 include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in Fiscal 2024 that are outstanding and unvested as of the end of Fiscal 2024; (ii) the amount of change as of the end of Fiscal 2024 (from the end of Fiscal 2023) in the fair value of any awards granted in prior years that are outstanding and unvested as of the end of Fiscal 2024; (iii) for awards that are granted in Fiscal 2024 and vest in Fiscal 2024, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in Fiscal 2024, the amount equal to the change as of the vesting date (from the end of Fiscal 2023) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during Fiscal 2024, a deduction for the amount equal to the fair value at the end of Fiscal 2023; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in Fiscal 2024 prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for Fiscal 2024. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
       
Non-PEO NEO Average Total Compensation Amount $ 4,782,536        
Non-PEO NEO Average Compensation Actually Paid Amount $ 6,355,234        
Adjustment to Non-PEO NEO Compensation Footnote In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for these NEOs as a group for each year to determine the CAP, using the same methodology described above in footnote 2.
Average Other NEOs SCT Total to CAP Reconciliation
Year
Average
Reported Summary
 Compensation Table
 Total for Non-CEO NEOs
($)
Average
Reported Summary
 Compensation Table
Value of Equity Awards
($)
Average
 Equity Award
 Adjustments
($)(a)
Average Compensation
 Actually Paid to Non-CEO NEOs
($)
20244,782,536 (2,946,070)4,518,769 6,355,234 
       
Compensation Actually Paid vs. Total Shareholder Return
6033
       
Compensation Actually Paid vs. Net Income
6035
       
Compensation Actually Paid vs. Company Selected Measure
6037
       
Total Shareholder Return Amount $ 203.8 $ 171.6 $ 148.8 $ 168.0 $ 121.6
Peer Group Total Shareholder Return Amount 227.9 165.2 124.0 149.7 141.4
Net Income (Loss) $ 14,810,000,000 $ 15,140,000,000 $ 17,110,000,000 $ 16,430,000,000 $ 12,870,000,000
Company Selected Measure Amount 21,420,000,000 21,650,000,000 24,090,000,000.00 22,920,000,000 20,640,000,000
PEO Equity Award Adjustments Table Text Block The amounts deducted or added in calculating the equity award adjustments detailed in the table below.
CEO Equity Component of CAP
YearYear-End
 Fair Value of
 Unvested
 Equity Awards
 Granted in
 the Year
($)
Year-Over-
Year Change
 in Fair Value
of Outstanding
 and Unvested
 Equity Awards
($)
Fair Value as
 of Vesting
 Date of Equity
 Awards Granted and
 Vested in the Year
($)
Year-Over-
Year Change
in Fair Value of
 Equity Awards
 Granted in Prior Years
 that Vested in
 the Year
($)
Fair-Value at
 the End of the
 Prior Year of
 Equity Awards
 that Failed to
 Meet Vesting
 Conditions in
 the Year
($)
Value of
 Dividends or
Other Earnings
 Paid on Stock
 or Option
 Awards not
 Otherwise Reflected in
Fair Value or
 Total Compensation
($)
Total
Equity
Award
Adjustments
 ($)
202411,751,121 2,646,881 243,506 668,499 — 375,848 15,685,855 
       
Non-PEO NEO Equity Award Adjustments Table Text Block The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are detailed in the table below.
Average Other NEOs Equity Component of CAP
Year
Average
Year-End Fair
 Value of Unvested
  Equity Awards
Granted in the Year
($)
Year-Over-
Year Average
 Change in
 Fair Value of
 Outstanding
 and Unvested
Equity Awards
($)
Average Fair
 Value as of
 Vesting Date of Equity Awards
 Granted and
 Vested in the Year
($)
Year-Over-
Year Average
 Change in
 Fair Value of
 Equity Awards
 Granted in
 Prior Years
 that Vested in
 the Year
($)
Average Fair
 Value at the
 End of the
 Prior Year of
 Equity Awards that
Failed to Meet
 Vesting Conditions in
 the Year
($)
Average Value
 of Dividends
 or Other
 Earnings Paid
 on Stock or
Option Awards
 not Otherwise
 Reflected in
 Fair Value or
 Total Compensation
($)
Total
Average
Equity
Award
Adjustments
($)
20243,049,594 875,135 91,545 378,804 — 123,692 4,518,769 
       
Ted Decker [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 15,574,678 $ 14,419,252 $ 14,619,789    
PEO Actually Paid Compensation Amount 20,017,546 18,272,399 7,501,985    
Ted Decker [Member] | Stock and Option Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (11,242,987)        
Ted Decker [Member] | Equity Award Adjustments [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 15,685,855        
Ted Decker [Member] | Year End Fair Value of Unvested Equity Awards Granted in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 11,751,121        
Ted Decker [Member] | Year over Year Change in Fair Value of Outstanding and Unvested Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,646,881        
Ted Decker [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 243,506        
Ted Decker [Member] | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years Vested in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 668,499        
Ted Decker [Member] | Fair Value at end of Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Ted Decker [Member] | Value of Dividends or Other Earnings Paid on Stock or Option Awards not otherwise reflected [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 375,848        
Craig A. Menear [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount 0 0 9,020,862 $ 13,059,751 $ 13,995,092
PEO Actually Paid Compensation Amount 0 0 (2,905,659) 51,702,946 26,400,107
Non-PEO NEO [Member]          
Pay vs Performance Disclosure          
Non-PEO NEO Average Total Compensation Amount 4,782,536 4,540,911 4,390,720 5,568,673 5,261,268
Non-PEO NEO Average Compensation Actually Paid Amount 6,355,234 $ 4,391,001 $ 953,780 $ 18,194,527 $ 9,186,485
Non-PEO NEO [Member] | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years Vested in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 378,804        
Non-PEO NEO [Member] | Average Reported Value of Equity Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,946,070)        
Non-PEO NEO [Member] | Average Equity Award Adjustments [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,518,769        
Non-PEO NEO [Member] | Average Year End Fair Value of Unvested Equity Awards Granted in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,049,594        
Non-PEO NEO [Member] | Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 875,135        
Non-PEO NEO [Member] | Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 91,545        
Non-PEO NEO [Member] | Average Fair Value at the End of Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO [Member] | Average Value of Dividends or other Earnings Paid on Stock or Option Awards not otherwise reflected in Fair Value or Total Compensation [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 123,692        
v3.25.1
Award Timing Disclosure
12 Months Ended
Feb. 02, 2025
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
Equity Grant Procedures
Although we have not adopted a formal policy regarding the timing of equity award grants, including stock option grants, the Company-wide annual equity grants are made on a predetermined schedule. Company-wide annual equity grants, including the annual equity grants to the NEOs, are approved at the LDC Committee meeting (or Board meeting, in the case of the CEO) typically held in late February but are awarded effective as of the date of the March meeting of the LDC Committee, which is generally scheduled at least a year in advance and is several weeks after the approval. Throughout the year, equity awards are made to new hires, promoted associates, and, in some circumstances, for retention purposes or as a reward for exceptional performance. In each of these cases, the effective grant date for these mid-year awards is the date of the next regularly-scheduled quarterly LDC Committee meeting. The exercise price of each of our stock option grants is the market closing price on the effective grant date. In Fiscal 2024, the LDC Committee (or our Board, in the case of the CEO) did not take into account material nonpublic information when determining the timing and terms of equity award grants, and the Company did not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.
Award Timing Method Company-wide annual equity grants, including the annual equity grants to the NEOs, are approved at the LDC Committee meeting (or Board meeting, in the case of the CEO) typically held in late February but are awarded effective as of the date of the March meeting of the LDC Committee, which is generally scheduled at least a year in advance and is several weeks after the approval. Throughout the year, equity awards are made to new hires, promoted associates, and, in some circumstances, for retention purposes or as a reward for exceptional performance. In each of these cases, the effective grant date for these mid-year awards is the date of the next regularly-scheduled quarterly LDC Committee meeting. The exercise price of each of our stock option grants is the market closing price on the effective grant date.
Award Timing Predetermined true
Award Timing MNPI Considered false
Award Timing, How MNPI Considered In Fiscal 2024, the LDC Committee (or our Board, in the case of the CEO) did not take into account material nonpublic information when determining the timing and terms of equity award grants,
v3.25.1
Insider Trading Policies and Procedures
12 Months Ended
Feb. 02, 2025
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true