The Home Depot, Inc.

Equities

HD

US4370761029

Home Improvement Products & Services Retailers

Market Closed - Nyse Other stock markets 00:00:02 14/03/2026 +04			5-day change	1st Jan Change
339.03 ^USD	+0.03%		-5.28%	-1.47%

03-06	Home Depot Insider Sold Shares Worth $661,617, According to a Recent SEC Filing	MT
03-06	Home Depot Insider Sold Shares Worth $940,670, According to a Recent SEC Filing	MT

Home Depot to Buy GMS for $4.3 Billion

Published on 06/30/2025 at 04:41 pm +04

Dow Jones

THE HOME DEPOT, INC.

+0.03%

GMS INC

-.--%

QXO, INC.

+3.49%

By Connor Hart

The Home Depot will buy building-products distributor GMS for about $4.3 billion.

Home Depot said Monday that it will purchase all outstanding shares of GMS's common stock for $110 apiece, reflecting a total equity value of approximately $4.3 billion. Including net debt, the deal implies a total enterprise value of about $5.5 billion.

With the buy, the home-improvement company beat out serial dealmaker Brad Jacobs, whose QXO had previously submitted an unsolicited proposal to buy GMS for about $5 billion, offering $95.20 a share in cash.

The deal is expected to close by the end of fiscal 2025, and it will be completed through Home Depot's specialty trade distribution subsidiary SRS Distribution. The company said the purchase will accelerate SRS's goal of becoming a leading, multi-category building materials distributor, adding a new vertical that is adjacent to its existing business.

Shares of GMS jumped 10%, to $107.50, in premarket trading. Home Depot's stock was flat at $369.07, while shares of QXO ticked 1.2% higher, to $20.97.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

06-30-25 0840ET

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
THE HOME DEPOT, INC.	339.03USD	+0.03%	-5.28%	338B
GMS INC	109.96USD	-.--%	+0.11%	4.2B
QXO, INC.	20.18USD	+3.49%	-7.43%	14.3B

Latest news about The Home Depot, Inc.

03-06	Home Depot Insider Sold Shares Worth $661,617, According to a Recent SEC Filing	MT
03-06	Home Depot Insider Sold Shares Worth $940,670, According to a Recent SEC Filing	MT
03-05	The Home Depot Launches Industry's First Real Time Delivery Tracker For Big And Bulky Materials	CI
03-05	Home Depot to Launch Real-Time Delivery Tracking for Large Building Materials	MT
03-05	The Home Depot boosts pro productivity with industry's first real time delivery tracking for big & bulky materials	RE
02-27	Vusion S.A. Announces Board Changes	CI
02-26	Daiwa Securities Adjusts Price Target on Home Depot to $390 From $360, Maintains Neutral Rating	MT
02-26	Analyst recommendations: Spotify, Gartner, Godaddy, Medline, Moderna…
02-26	US housing-related stocks drop after downbeat comments from Lowe's, Home Depot	RE
02-25	Lowe's Says Homeowners Remain Reluctant to Remodel -- 2nd Update	DJ
02-25	UBS Adjusts Price Target on Home Depot to $450 From $430, Maintains Buy Rating	MT
02-25	Wolfe Research Adjusts Price Target on Home Depot to $414 From $413, Maintains Outperform Rating	MT
02-25	Lowe's Issues Weak Fiscal 2026 Earnings Guidance Despite Fourth-Quarter Beat	MT
02-25	Morgan Stanley Adjusts Price Target on Home Depot to $420 From $412	MT
02-25	BNP Paribas Adjusts Price Target on Home Depot to $391 From $355	MT

Chart The Home Depot, Inc.

Duration

Period

HD: Dynamic Chart

Company Profile

The Home Depot, Inc. is the world's leading retail distributor of residential remodeling products. Net sales break down by family of products as follows: - building materials, electrical, lighting, millwork and plumbing products (33.1%); - household appliances, decoration and storage products, flooring, paints, kitchen and bathroom materials (32.5%); - hardware, DIY products and garden accessories (30.4%); - other (4%). As of 02/02/2025, the products are marketed through a network of 2,347 stores (of which 2,025 in the United States, 182 in Canada and 140 in Mexico). The United States accounts for 92.2% of net sales.

Employees

470,000

Sector

Home Improvement Products & Services Retailers

More about the company