Home Depot Stock Analysis: Valuation Anchored by Pro Market Diversification
In a strategic campaign of remarkable speed and scale, has committed nearly $24 billion to fundamentally reshaping its business. In early September, the company completed its $5.5 billion acquisition of , a specialty building products distributor.
This acquisition demonstrated the company’s progress on the second phase of a comprehensive strategy pivot, which originated with the significant $18.25 billion acquisition of SRS Distribution in 2024.
This massive capital deployment is a clear declaration of intent: Home Depot is moving beyond its roots as a consumer-focused retail sector heavyweight to build an all-encompassing, dominant platform for the professional contractor.
This evolution targets a massive total addressable market…
