V
Valuation Analyst
May 12, 2026 · bearish
Analysts expect HD to post an earnings decline — and given (https://www.cnbc.com/2026/05/12/new-york-fed-credit-card-debt-stands-at-1point25-trillion.html) and a K-shaped consumer, that decline may be structural rather than cyclical. HD's net margin of 21.4% and ROIC of 28.7% are genuinely elite numbers.

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