The Home Depot, Inc. (HD) vs PDD Holdings Inc. (PDD)
A side-by-side comparison of The Home Depot, Inc. and PDD Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
HD
The Home Depot, Inc.
$335.61Consumer CyclicalAt close: Aug 21, 2026, 4:00 PM ET
PDD
PDD Holdings Inc.
$88.38Consumer CyclicalAt close: Aug 21, 2026, 4:00 PM ET
Total return — HD vs PDD
growth of $100 · dividends reinvested · last 8yHD +105.1% (+9.4%/yr)PDD +231.0% (+16.1%/yr)PDD compounded faster over this window
HD PDD
HD vs PDD: by the numbers
- •HD is the larger company ($334.64B vs $125.80B market cap).
- •PDD trades at the lower trailing earnings multiple (9.56 vs 23.49 P/E), one valuation lens rather than an overall verdict.
- •PDD converts more revenue to profit (21.53% vs 8.41% net margin).
- •PDD grew revenue faster over the past five years (40.98% vs 3.21% CAGR).
- •HD pays a dividend (2.76% yield), while PDD has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | HD | PDD |
|---|---|---|
| P/E ratio | 23.49 | 9.56 |
| Forward P/E | 23.16 | N/A |
| P/S ratio | 1.98 | 2.09 |
| P/B ratio | 20.12 | 2.14 |
| EV / EBITDA | 15.68 | 7.38 |
| FCF yield | 4.52% | 11.67% |
Profitability
| Metric | HD | PDD |
|---|---|---|
| Gross margin | 33.21% | 55.98% |
| Operating margin | 12.43% | 22.17% |
| Net margin | 8.41% | 21.53% |
| ROE | 85.62% | 22.09% |
| ROIC | 20.29% | 18.36% |
Dividends
| Metric | HD | PDD |
|---|---|---|
| Dividend yield | 2.76% | N/A |
| Payout ratio | 64.89% | N/A |
Growth (annualized)
| Metric | HD | PDD |
|---|---|---|
| Revenue CAGR (5Y) | 3.21% | 40.98% |
| EPS CAGR (5Y) | -2.18% | N/A |
| FCF CAGR (5Y) | -2.52% | 32.63% |
| Total return CAGR (5Y) | 2.92% | 2.72% |
Frequently asked
- Which has the lower trailing P/E, HD or PDD?
- PDD has the lower trailing P/E: HD trades at 23.49 and PDD at 9.56. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, HD or PDD?
- Over the past five years, PDD grew revenue faster — HD at a 3.21% CAGR versus PDD at 40.98%.
- Does HD or PDD pay a bigger dividend?
- HD pays a dividend (2.76% yield), while PDD has no payments in the available dividend history.
- Is HD or PDD more profitable?
- PDD runs the higher net margin — HD at 8.41% versus PDD at 21.53%.
- How have HD and PDD total returns compared?
- Over the past 5 years, HD delivered 12.17% and PDD delivered 2.72% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Home Depot P/E ratioPDD P/E ratioHome Depot dividend yieldHome Depot ROEPDD ROEHome Depot operating marginPDD operating marginHome Depot revenue growthPDD revenue growthHome Depot free cash flowPDD free cash flow
Home Depot & PDD appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 23, 2026.