Home Depot is one of the biggest home improvement retailers in the world. Whether you want to fix your house, paint your room, or buy tools, Home Depot is a one-stop shop. It is known for selling everything from building materials to appliances and garden supplies. Many people wonder: “Who is the owner of Home Depot?” Let’s explore the answer to this question and learn more about the people behind this famous company.
Is Home Depot Owned by One Person?
No, Home Depot is not owned by just one person. Home Depot is a public company, which means that it is owned by many people who buy its shares (also called stocks) on the stock market. These people are called shareholders or investors. The company is listed on the New York Stock Exchange (NYSE) under the symbol HD.
The largest shareholders of Home Depot are usually big investment firms, not individuals. These firms manage money for banks, retirement funds, and wealthy clients. The biggest shareholders include Vanguard Group, BlackRock, and State Street Corporation.
Let’s look at a table showing the major shareholders:
Home Depot Ownership Details
| Owner/Shareholder | Ownership Type | Approximate Stake |
|---|---|---|
| The Vanguard Group | Institutional | 8.3% |
| BlackRock, Inc. | Institutional | 7.2% |
| State Street Corporation | Institutional | 4.5% |
| Retail Investors (Public) | Individual/Public | 20%+ |
| Other Mutual Funds & ETFs | Institutional | Remaining % |
These numbers are estimates based on the most recent data in 2025. The percentages may change slightly over time.
Who Founded Home Depot?
Home Depot was founded in 1978 by Bernard Marcus, Arthur Blank, Ron Brill, and Pat Farrah. These men wanted to build a large store that sold all kinds of home improvement items at affordable prices. They opened the first two stores in Atlanta, Georgia in 1979.
Although these founders started the company, they do not own Home Depot anymore. They sold most of their shares years ago and are now retired from day-to-day business operations.
Who Runs Home Depot Today?
As of 2025, Ted Decker is the Chairman, President, and CEO of Home Depot. He has been with the company for over 20 years and became CEO in 2022. Ted Decker is responsible for running the company and making important decisions about its future.
Under his leadership, Home Depot has continued to grow, especially through its online sales and delivery services.
How Big is Home Depot in 2025?
Home Depot is a giant in the home improvement market. As of 2025:
- The company has over 2,300 stores in the United States, Canada, and Mexico.
- It has more than 500,000 employees.
- Its annual revenue in 2024 was about $151 billion.
- It is one of the top 30 companies in the United States by market value.
These numbers show that Home Depot is not only successful but also one of the most trusted brands in the world.
Is Home Depot Profitable?
Yes, Home Depot is a highly profitable company. Even during tough economic times, people still buy tools, garden supplies, and building materials to improve or repair their homes. This keeps Home Depot’s business strong.
In 2024, Home Depot reported a net profit of over $15 billion, and the company continues to return value to its shareholders through dividends and stock buybacks.
What Makes Home Depot Popular?
Home Depot is loved by both DIY (Do It Yourself) customers and professional contractors. Here’s why:
- Wide range of products for every type of project.
- Helpful staff and in-store support.
- Competitive prices.
- Easy online shopping with delivery.
- Workshops and how-to guides for customers.
Because of these things, Home Depot continues to be the first choice for many homeowners and professionals.
FAQs
Q1: Is Home Depot owned by Walmart?
No, Home Depot and Walmart are two separate companies. They are competitors in some areas, but Walmart does not own Home Depot.
Q2: Is Home Depot a private or public company?
Home Depot is a public company. It is traded on the New York Stock Exchange under the symbol HD.
Q3: Can I buy shares of Home Depot?
Yes, anyone can buy shares of Home Depot through the stock market using a brokerage account.
Q4: Who is the CEO of Home Depot in 2025?
As of 2025, Ted Decker is the CEO of Home Depot.
Q5: Does Arthur Blank still own Home Depot?
No, Arthur Blank, one of the founders, sold most of his shares and is no longer involved in running the company. He now owns the Atlanta Falcons NFL team.
To sum up, Home Depot does not have a single owner. It is owned by millions of investors around the world, with the largest stakes held by investment companies like Vanguard and BlackRock. The company is led by CEO Ted Decker and continues to grow as one of the largest home improvement retailers globally.
Whether you’re a homeowner, a business owner, or a future investor, Home Depot remains a powerful and reliable name in the retail world.
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