HD vs SLB: Which Is the Better Buy?
Side-by-side comparison of The Home Depot, Inc. and SLB N.V. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-20.
The Home Depot, Inc. · Consumer Cyclical
$302.44
+22.0% upside to fair value
Med Conviction
Grade B+
VS
SLB N.V. · Energy
$56.15
+45.0% upside to fair value
Grade B
QuantHub Verdict
SLB has more upside to fair value
(+45.0%).
HD trades at a lower forward P/E
(20.5x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HD |
SLB |
| Current Price |
$302.44 |
$56.15 |
| Fair Value Estimate |
$369.00 |
$81.42 |
| Upside to Fair Value |
+22.0%
|
+45.0%
|
| Market Cap |
$301.2B |
$84.3B |
| Forward P/E |
20.5x
|
24.3x
|
| EV / EBITDA |
16.5x
|
17.5x
|
| Price / Sales |
2.0x
|
2.4x
|
| Price / FCF |
26.6x
|
17.6x
|
| Revenue Growth YoY |
+4.8%
|
+2.7%
|
| Gross Margin |
33.3%
|
13.6%
|
| Operating Margin |
12.7%
|
11.5%
|
| Return on Equity |
110.5%
|
12.2%
|
| Dividend Yield |
2.72% |
0% |
| FCF Yield |
3.75%
|
5.69%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Home Depot remains the world's largest home improvement retailer with 2,350+ stores, dominant 52% market share, and an expanding Pro contractor segment bolstered by the SRS Distribution acquisition. Q1 FY2026 results released May 19 beat both the top and bottom line, with revenue of $41.77B up 4.8% year over year and adjusted EPS of $3.43 versus the $3.41 consensus. Comp sales grew only 0.6% howe…
SLB N.V. is the world's largest oilfield services company operating primarily in the energy sector with a focus on oil and gas equipment and services. The company benefits from a diversified revenue base across well construction, production systems, reservoir characterization, and digital integration, with fiscal year 2024 revenues totaling over $37 billion. Despite modest revenue growth of 2.7% …
Accumulation Zones
| Metric |
HD |
SLB |
| Zone Low |
$276.75 |
$61.06 |
| Zone High |
$313.65 |
$69.21 |
| In Buy Zone? |
Yes
|
Yes
|