Home Depot Climbs to No. 32 in S&P 500 and Launches Pro‑Customer Reorganization

Home Depot Inc. has moved ahead of Procter & Gamble Co. to become the 32nd‑largest company in the S&P 500 by market capitalization, with a value of $347.24 billion compared with P&G’s $344.66 billion. The shift reflects recent share‑price movements and places Home Depot ahead of the consumer‑goods giant in the index ranking.

In parallel, Home Depot announced a company‑wide reorganization aimed at accelerating growth among professional (Pro) customers, a market estimated at $700 billion. CEO Ted Decker said the changes will unify merchandising, loyalty, finance and technology functions and create an “Office of Pro Acceleration.” New leadership includes Billy Bastek as EVP of merchandising and Jordan Broggi as EVP of interconnected retail. The restructuring is intended to deliver faster innovation, a seamless shopping experience and stronger loyalty for both DIY and Pro segments.