What Companies Does Home Depot Own?

Home Depot owns multiple companies and brands including Interline Brands, The Company Store, HD Supply, and THD At-Home Services.

Keep reading to find out what each of these companies do and other details about Home Depot including ownership details, annual revenue, net worth, and more.

Who Owns Home Depot?

Home Depot is owned by a conglomerate of shareholders with the most prominent among them being The Home Depot Inc., which holds approximately 80% of the company’s shares.

Other major stakeholders in Home Depot include BlackRock Financial Management (5.3%), Vanguard Group (4.2%), and State Street Corporation (3.7%).

In addition to these companies, there are numerous other institutional investors that own small amounts of shares in Home Depot as well.

What Companies Does Home Depot Own?

Home Depot owns a handful of companies. The major ones are listed below:

1. Interline Brands

Interline Brands is a distributor of maintenance, repair, and operations products.

Home Depot acquired the company back in 2015 for $1.625 billion to help it expand its presence in the MRO sector.

The company offers a variety of services including product sourcing, logistics support, national accounts management, product engineering, and more.

With Interline Brands under its wing, Home Depot has been able to better meet customer demands when it comes to their home improvement needs.

2. The Company Store

The Company Store is an online retailer of bedding and home accessories owned by Home Depot since 2017.

It sells a wide range of products like mattresses, pillows, comforters, towels, and much more from top brands.

The Company Store offers customers a convenient e-commerce experience, allowing them to shop for their home essentials from the comfort of their own homes.

It also provides free shipping and returns on all orders over $49, making it an attractive option for those looking to furnish their homes without breaking the bank.

3. HD Supply

HD Supply is a wholesale distributor of industrial products that Home Depot acquired in 2007.

It serves both professional and do-it-yourself customers with its extensive product selection, which includes electrical supplies, plumbing materials, and more.

HD Supply has become one of Home Depot’s most valuable assets as it allows the company to better serve contractors and other professionals who need durable building materials at wholesale prices.

Additionally, the company has been instrumental in helping Home Depot expand its reach into new markets.

4. THD At-Home Services

THD At-Home Services is a provider of installation services that Home Depot acquired in 2013.

The company offers a variety of services such as kitchen and bath remodeling, flooring installation, window treatments, and more.

THD At-Home Services provides customers with the convenience of having their projects taken care of by trusted professionals without ever leaving home.

This allows them to get started on their DIY projects quickly and easily, making it an invaluable resource for anyone looking to improve their homes.

When was Home Depot Founded?

Home Depot was founded in 1978 when Bernie Marcus and Arthur Blank opened the first two Home Depot stores in Atlanta, Georgia.

The co-founders envisioned a one-stop shop for all home improvement needs. From power tools to paint, Home Depot has become a leading source for everything a DIY enthusiast could want.

The company has since expanded its reach across the United States and even internationally. It’s no surprise that Home Depot remains a popular go-to destination for many homeowners and contractors to this day.

Who is the CEO of Home Depot?

The CEO of Home Depot is Craig Menear. He has been with the company since 1997 and became CEO in 2014.

With over 35 years of experience in the retail industry, Menear has been a driving force behind Home Depot’s success.

He has led the company through numerous changes, including expanding into new markets and introducing innovative products to improve the customer experience.

Under his leadership, Home Depot remains one of the most successful and popular home improvement retailers in the world.

What is the Net Worth of Home Depot?

As of July 2023, Home Depot is valued at around $333.15 billion keeping it firmly in the top 25 most valuable companies in the US.

Impressive, right? From its humble beginnings as a DIY store in the 1970s, Home Depot has grown into an empire, proving that hard work and dedication really do pay off.

Now Home Depot is one of the largest home improvement retailers in the United States, offering a wide range of services and products to customers.

Where is the Headquarters of Home Depot?

Home Depot is headquartered in Atlanta, Georgia.

The city of Atlanta has been the home of Home Depot since the company’s inception in 1978.

Today, the headquarters serve as a hub for many of the company’s functions, including marketing, finance, and merchandising.

It’s a bustling location that brings together some of the brightest minds in the home improvement industry, all working towards the common goal of helping customers improve their homes in the most efficient and effective ways possible.

What is the Annual Revenue of Home Depot?

Home Depot recorded $155.752 billion in revenue for the 12 months ending April 2023 which is 2.09% YoY increase.

This increase in revenue is thanks to an upsurge in demand for home improvement products brought on by the pandemic.

Not only is Home Depot a popular destination for DIY enthusiasts and homeowners, but it also provides jobs for thousands of individuals across the country.

How Many Employees Does Home Depot Have?

Home Depot is a major employer in the United States and beyond with over 400,000 employees across 2,200 stores.

This makes it one of the largest employers in the country, which isn’t all that surprising considering its status as the world’s leading home improvement retailer.

The company provides many employment opportunities for individuals looking to break into fields like customer service, sales, merchandising, operations management, and more.

A large number of these employees are part-time or seasonal hires that help out during busier times of the year such as holidays and special promotions.

With Home Depot’s commitment to providing job training and development programs to its workforce, its numbers will likely continue to grow in years to come.

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