THE Home Depot, Inc.
HDHIGH VELOCITYFILING INTENSITYTHE Home Depot, Inc. reads as an High Velocity (composite 70/100); Transformational Buyer deploying $25B across 1 disclosed transactions, up 5629% vs the prior cycle · primary market Consumer Products, ranked #1 on disclosed spend.
Lens
Disclosed M&A capital (2023–2025)
$24.6B
vs $429M in 2020–2022
Disclosed transactions
1
3/3 active fiscal years in window
Buyer archetype
Transformational Buyer
Episodic but very large disclosed transactions drive the profile.
Composite score
70
High Velocity dominates · Filing Intensity
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $32B disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 49d
- 259 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- 1 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 1 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 1 activism filings
- Latest activism 14y ago; heavily discounted
Distress Watch
Issuers showing financial-distress filing patterns
- 10-Q 182d stale
- 1 activism filings
Restatement Risk
Issuers with accounting-integrity flags from filings
Capital Velocity
DominantIssuers with the highest filing-activity intensity
- 259 8-Ks
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $380.2B
- 10-Q 182d ago
- 2 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $17,644M · Peak count: 2
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | N/A | $5.4B | N/A | N/A |
| 2024 | 1 | $17.6B | $17.6B | N/A |
| 2023 | N/A | $1.5B | N/A | N/A |
| 2022 | N/A | N/A | N/A | N/A |
| 2021 | N/A | $421M | N/A | N/A |
| 2020 | 1 | $8M | $8M | N/A |
Strategy posture.
The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.
Archetype mix
- Geographic Expansion20%
- Bolt On20%
- Platform20%
- Horizontal Consolidation20%
- Tuck In20%
Strategy keywords
Terms recurring across recent 10-K acquisition disclosures.
- geographic_expansion
- bolt_on
- platform
- horizontal_consolidation
- tuck_in
- technology_acquisition
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“In fiscal 2024, we acquired SRS, a leading residential specialty trade distribution company engaged in the distribution of residential and commercial roofing products, complementary building products, landscape supplies and swimming pool supplies serving the professional roofer, landscaper, and pool contractor.”
“We continue to focus on driving productivity throughout the business, including by leveraging technology to drive efficiency in freight flow management, supply chain optimization, and streamlining central processes.”
“We regularly consider and enter into strategic transactions, including mergers, acquisitions, investments, alliances, and other growth and market expansion strategies”
“SRS also acquired GMS to accelerate the vision of becoming a leading, multi-category building materials distributor.”
“In the fourth quarter of fiscal 2020, we extended our reach in the MRO marketplace with our acquisition of HD Supply”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Consumer Products
- Market spend (2023–2025)
- $145.2B
- Market spend (2020–2022)
- $102.1B
- Recent vs prior
- +42%
- Issuer rank in market
- #1 of 325
- Share of market capital
- 5.4%
Valuation positioning
HD trades at a +4.0-turn premium to the Consumer Products peer median of 11.6×.
- EV / Revenue
- 2.3×
- Net debt / EBITDA
- 2.0×
- Peer median EV / EBITDA
- 11.6×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
THE Home Depot, Inc.HD | 15.7× | 2.3× | 2.0× | $164.7B | $24.6B |
| 14.6× | 2.2× | 3.9× | $7.7B | $6.8B | |
| 8.7× | 1.3× | -0.1× | $10B | $5.5B |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Consumer Products. Bars scaled to the highest EV/EBITDA in the set.
Target landscape.
Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.
No qualifying public-issuer targets surfaced from the current signal mix.
Stated target categories
No target categories enumerated in the audited corpus for this issuer.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)312026-03-18
- 10-Q (quarterly)992025-11-25
- 8-K (event)2592026-02-24
- Proxy / DEF 14A402026-04-07
- Activism (13D / DFAN / PREC)12012-08-10
Signals on file
- elevated
Activism on file
2012-08-101 activist filing on file (13D, DFAN14A, PREC14A series).
- info
Signal
Serial acquisition history
- info
Signal
10-K strategy themes
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.