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In 2025, Home Depot's annual sales amounted to almost *** billion U.S. dollars, whereas its main competitor, Lowe's, reached more than ** billion U.S. dollars of sales.

Home improvement companies

The Home Depot and Lowe’s Companies, Inc. are home improvement retailers which were founded in 1978 and 1946, respectively. They both offer a wide range of products ranging from electrical products to flooring. In 2025, the majority of The Home Depot’s stores were located in the United States, and it operated over stores worldwide, while Lowe’s Companies, Inc. operated stores.

Consumer behavior and sales

The average amount spent by consumers on home improvement products has seen a year-on-year increase. In 2024, The Home Depot ranked fifth amongst leading American retailers, with estimated retail sales of over *** billion U.S. dollars. Lowe’s Companies, Inc. ranked ninth, with estimated retail sales amounting to over **** billion U.S. dollars.