who owns home depot

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Image Credit: The Home Depot – 8 tips

MRO company Interline Brands (now The Home Depot Pro) is also owned by The Home Depot, with 70 distribution centers across the United States.

The Home Depot.
The Home Depot corporate headquarters in Atlanta, Georgia
Operating income US$23.04 billion (2021)
Net income US$16.43 billion (2021)

17 more rows

Who actually owns Home Depot?

Meet Bernie Marcus, the 90-year-old billionaire founder of Home Depot, who is a major Trump donor and plans on giving most of his $5.9 billion fortune away. The letter F.Jul 23, 2019

Is Lowes owned by Home Depot?

Home Depot does not own Lowe’s. The only relationship between both Lowe’s and Home Depot is that they are major rivals in the home improvement sector. Home Depot and Lowe’s are both publicly traded companies. They are both owned by a different set of Shareholders.Mar 20, 2022

Who owns Home Depot and Walmart?

While the two retailers share much in common on the surface, they remain separate entities, each owned by their own group of shareholders. Walmart and Home Depot don’t see a lot of overlap, either, in shoppers, making it easy for them both to remain at the top of the list in their respective retail markets.

Does Arthur Blank own Home Depot?

A renowned entrepreneur as co-founder of The Home Depot, Arthur M. Blank is now recognized for his values-based Blank Family of Businesses and as one of America’s leading philanthropists.

Is Home Depot in China?

In 2006, Home Depot bought the Chinese home improvement company Home Way and its 12 stores in the country. With its booming economy and strong real estate market, China seemed like it would be an easy win for America’s home improvement giant. But by 2012, Home Depot closed the last seven of its 12 original stores.Jun 14, 2019

Is Lowes owned by Walmart?

Although Walmart does own an impressive number of brands both in the US and beyond, the company does not own Lowes. The hardware brand is a publicly-traded company that does not have a majority shareholder. Walmart owns no shares. So, Lowes operates independently of Walmart.

Does Home Depot own the company store?

ATLANTA , Dec. 21, 2017 /PRNewswire/ — The Home Depot® announced today that it has acquired The Company Store, a leading online retailer of textiles and home décor products, from Hanover Direct.Dec 21, 2017

Where is the largest Home Depot?

The biggest Home Depot is the Superstore located in Vauxhall, New Jersey, as of 2022. This Home Depot Superstore spans over 217,000 square feet (twice the size of an average Home Depot store at 105,000 square feet) and has several amenities, services, and products in-store.
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The Home Depot, Inc Ownership Highlights

The Home Depot, Inc (NYSE:HD) is owned by 71.71% institutional shareholders and by 0.06% insiders. The rest is owned by the public.

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Institutional Owners of The Home Depot, Inc

The top 10 institutional shareholders of The Home Depot, Inc together own 292.95M shares, representing 28.05% of The Home Depot, Inc’s total shares outstanding.

Mutual Funds Holding The Home Depot, Inc

The top 10 mutual funds shareholders of The Home Depot, Inc together hold 125.64M shares, representing 12.03% of The Home Depot, Inc’s total shares outstanding.

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The Home Depot, Inc Ownership: A Close Look

The largest institutional shareholders of The Home Depot, Inc are “Vanguard Group Inc” , “State Street Corporation” and “Capital World Investors”. Those three own together 17.38% of HD’s total shares outstanding.

Was Home Depot a success?

Home Depot was not an immediate success. The pair lost half the money they invested in the store during the first year it was open, according to Bloomberg. Marcus and Blank even had their children stand outside the store offering $1 bills to any passerby willing to take a look inside, Forbes reports.

When did Home Depot go public?

Home Depot went public in 1981. Ted Shaffrey/AP Photo. Marcus, Blank, and early investor Kenneth Langone all became billionaires due to the company’s success, according to Forbes. Marcus now has a net worth of $5.9 billion, Forbes estimates. Blank is worth $5 billion, according to Forbes, and Langone’s net worth stands at $3.7 billion.

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Image Credit: The Home Depot Story

How much money did Marcus give to Trump?

Marcus is also a major political donor. Marcus donated $7 million to Trump’s 2016 campaign, according to the Center for Responsive Politics . During the 2018 midterm election, Marcus gave $7.9 million to outside groups including a super PAC run by National Security Advisor John Bolton, according to Forbes.

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How much did Marcus donate to Trump?

Marcus donated $7 million to Trump’s 2016 campaign, according to the Center for Responsive Politics . During the 2018 midterm election, Marcus gave $7.9 million to outside groups including a super PAC run by National Security Advisor John Bolton, according to Forbes.

When did Marcus boycott Home Depot?

Marcus sparked a boycott of Home Depot in July 2019 after telling the Atlanta Journal-Constitution that he would once again financially support the president in 2020. Barry Williams/Getty Images. Marcus responded to the boycott in a Facebook post.

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Image Credit: Mercedes Metris Conversion Van | Dave Arbogast Van Depot

What do billionaires donate to?

Read more: Less than 1% of the world’s billionaires donate to housing and shelter charities. Here are the top 10 causes the world’s richest people give their money to. In July 2019, Marcus told the Atlanta Journal-Constitution that he would continue to financially support President Trump’s campaign.

How many stores does Home Depot have?

Home Depot is now the world’s largest home improvement retailer with over 2,200 stores in North America, according to its website. The company also said on its website that its revenue exceeded $108 billion in 2018.

Home décor, window coverings, power equipment, online directory, distribution

Nathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency, ETFs, and alternative investments on Investopedia since 2016.

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HD Supply

Type of business: Wholesale distributor of maintenance, repair and operations (MRO) products

Home Depot Diversity & Inclusiveness Transparency

As part of our effort to improve the awareness of the importance of diversity in companies, we have highlighted the transparency of Home Depot’s commitment to diversity, inclusiveness, and social responsibility. The chart below illustrates how Home Depot reports the diversity of its management and workforce.

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Claim

Barack and Michelle Obama bought a controlling interest in the Home Depot chain of home improvement stores.

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Origin

On July 9, 2019, the Obamawatcher website published an article positing that former U.S. President Barack Obama and his wife Michelle Obama had bought a controlling interest in the Home Depot chain of home improvement stores:

When did Home Depot go public?

The company went public in 1981, and by 2005 the parent company, The Home Depot, Inc., was operating more than 1,800 stores (Home Depot, EXPO, and other subsidiary companies) in 50 states, the District of Columbia, the ten Canadian provinces, Mexico, and Puerto Rico.

When was Lowe’s first store?

As inherently satisfying as both forms of the legend are, there isn’t a shred of truth to either. Lowe’s was started in 1946 as a single store in North Wilkesboro, North Carolina, by two brothers-in-law, James Lowe and Carl Buchan.