Home Depot
The Home Depot, Inc., often simply referred to as Home Depot, is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States.[3] In 2021, the company had 490,600 employees and more than $151 billion in revenue. The company is headquartered in unincorporated Cobb County, Georgia, with an Atlanta mailing address.[4]
Company type
February 6, 1978 in Marietta, Georgia, U.S.
2,335 (January 2024)
- United States
- Puerto Rico (since 1998)
- Guam (since 2007)
- US Virgin Islands (since 2003)
- Canada (since 1994)
- Mexico (since 2001)
Ted Decker (chairman, president & CEO)
US$152.7 billion (2023)
US$21.69 billion (2023)
US$15.14 billion (2023)
US$76.53 billion (2023)
US$1.044 billion (2023)
463,100 (January 2024)
It operates many big-box format stores across the United States (including the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands); all 10 provinces of Canada; and all 32 Mexican states and Mexico City. MRO company Interline Brands (now The Home Depot Pro) is also owned by The Home Depot, with 70 distribution centers across the United States.[5] It is the sixth largest United States–based employer globally.
History[edit]
1978–1999[edit]
The Home Depot was co-founded by Bernard Marcus, Arthur Blank, Ron Brill, Pat Farrah, and Ken Langone in 1978.[6][7][8] The Home Depot's proposition was to build home-improvement superstores, larger than any of their competitors' facilities. Investment banker Ken Langone helped Marcus and Blank to secure the necessary capital.