Home Depot, Inc. (The) — Moody’s announces completion of a periodic review of ratings of Home Depot, Inc. (The)

Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Home Depot, Inc. (The)Global Credit Research – 09 Mar 2021New York, March 09, 2021 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Home Depot, Inc. (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 4 March 2021 in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. The review did not involve a rating committee. Since 1 January 2019, Moody’s practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.Key rating considerations are summarized below.The Home Depot, Inc.’s A2 senior unsecured rating benefits from its considerable scale as the largest home…