5 Most Valuable Retail Companies In The World

4. The Home Depot, Inc. (NYSE:HD)

Market Capitalization as of January 31: $328.495 Billion

The Home Depot, Inc. (NYSE:HD) was incorporated in 1978 and is based in Atlanta, Georgia, and the company operates as a home improvement retailer. At the end of January 2022, The Home Depot, Inc. (NYSE:HD)’s annual revenue stood at $151.15 billion, up from $132.1 billion at the end of January 2021. The Home Depot, Inc. (NYSE:HD) is one of the most valuable retail companies in the world. 

Matrix Asset Advisors made the following comment about The Home Depot, Inc. (NYSE:HD) in its Q3 2022 investor letter:

“During the quarter, we re-established a position in The Home Depot, Inc. (NYSE:HD) sold earlier this year, after the shares declined sharply on big picture concerns about a softer housing market and lower consumer spending. We believe that HD is a very well-managed company, positioned to continue showing good profits even as the economy decelerates. The products it carries in inventory are in year-round demand from contractors and homeowners wanting to maintain and improve their homes. The company has historically been shareholder friendly, repurchasing shares and increasing the dividend, most recently by 15% earlier this year. On September 30, HD’s current dividend yield was 2.8%.”