HD · Discounted Cash Flow Valuation

Home Depot DCF Valuation: Intrinsic Value Calculator

The Home Depot, Inc. (HD) DCF model with live financials. See the pre-loaded intrinsic value estimate below, then adjust growth and discount rate assumptions in the full calculator.

DCF Snapshot

Current Price$337.34
Market Cap$336.0B
TTM Free Cash Flow$8.6B
Intrinsic Value / Share$164.33
Upside / Downside-51.3%

Assumptions

FCF Growth Rate6%
Discount Rate (WACC)9.5%
Terminal Growth2.5%
Projection Period10 years

These are conservative starting assumptions. Adjust them in the full calculator to test your own thesis.

What Drives Home Depot's DCF

Home Depot's DCF is built on the aging US housing stock — the median home age is 40+ years, driving sustained repair and remodel demand. The company commands ~17% market share in a $1T home improvement TAM. Key assumptions: low-to-mid-single-digit comp growth as housing turnover normalizes and Pro customer penetration deepens (Pro accounts for ~50% of sales), while SRS Distribution acquisition accelerates growth in the $50B specialty trade segment.