A $1,000 investment in Home Depot at its 1981 IPO would look almost unbelievable today. Based on the figures provided, those original shares were worth more than $9.57 million by January 2026, before counting the cash dividends paid along the way.
That number is not simply a story about a stock that went up. It is a record of what happened when a young retailer expanded rapidly, split its shares repeatedly, and stayed publicly traded through several very different housing and economic cycles.