Home Depot, Inc. has introduced new digital tools aimed at enhancing project planning and bidding for contractors. Launched in September 2025, a project planning tool enables professionals to build, manage material lists, and track orders, while an AI-driven blueprint takeoff tool provides accurate material estimates from construction plans. These innovations are part of Home Depot’s strategy to become a one-stop destination for large-scale projects, contributing to a 2.3% increase in big-ticket transaction engagement in Q3 of fiscal 2025.
Additionally, Home Depot has expanded its wholesale operations through acquisitions such as GMS and SRS, significantly broadening its offerings in categories like roofing and drywall. Despite these developments, the company’s stock has dropped 11.2% over the past year, compared to a 16.7% decline in the broader retail home furnishings sector. Home Depot currently holds a forward price-to-earnings ratio of 22.96, which is above the industry average of 21.18, and is anticipated to see a 3.2% growth in sales this financial year.
