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Lowe's Companies (LOW) Financials

Lowe's Companies logo
$216.26 -1.11 (-0.51%)
Closing price 03:59 PM Eastern
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$215.00 -1.26 (-0.58%)
As of 08:00 PM Eastern
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Annual Income Statements for Lowe's Companies

Annual Income Statements for Lowe's Companies

This table shows Lowe's Companies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 1/29/2016 2/3/2017 2/2/2018 2/1/2019 1/31/2020 1/29/2021 1/28/2022 2/3/2023 2/2/2024 1/31/2025 1/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 2,546 3,093 3,447 2,314 4,281 5,835 8,442 6,437 7,726 6,957 6,654
Consolidated Net Income / (Loss)		 2,546 3,093 3,447 2,314 4,281 5,835 8,442 6,437 7,726 6,957 6,654
Net Income / (Loss) Continuing Operations		 2,546 3,093 3,447 2,314 4,281 5,835 8,442 6,437 7,726 6,957 6,654
Total Pre-Tax Income 		4,419 5,201 5,489 3,394 5,623 7,739 11,208 9,036 10,175 9,153 8,747
Total Operating Income		 4,971 5,846 6,586 4,018 6,314 9,647 12,093 10,159 11,557 10,466 10,153
Total Gross Profit		 20,570 21,674 22,434 22,908 22,943 29,572 32,056 32,257 28,844 27,877 28,885
Total Revenue		 59,074 65,017 68,619 71,309 72,148 89,597 96,250 97,059 86,377 83,674 86,286
Operating Revenue		 59,074 65,017 68,619 71,309 72,148 89,597 96,250 97,059 86,377 83,674 86,286
Total Cost of Revenue		 38,504 43,343 46,185 48,401 49,205 60,025 64,194 64,802 57,533 55,797 57,401
Operating Cost of Revenue		 38,504 43,343 46,185 48,401 49,205 60,025 64,194 64,802 57,533 55,797 57,401
Total Operating Expenses		 15,599 15,828 15,848 18,890 16,629 19,925 19,963 22,098 17,287 17,411 18,732
Selling, General & Admin Expense		 14,105 14,375 14,444 17,413 15,367 18,526 18,301 20,332 15,570 15,682 16,791
Depreciation Expense		 1,494 1,453 1,404 1,477 1,262 1,399 1,662 1,766 1,717 1,729 1,941
Other Operating Expenses / (Income)		 - - - - - - 0.00 0.00 0.00 0.00 0.00
Total Other Income / (Expense), net		 -552 -645 -1,097 -624 -691 -1,908 -885 -1,123 -1,382 -1,313 -1,406
Interest Expense		 552 645 1,097 624 691 1,908 885 0.00 0.00 0.00 0.00
Interest & Investment Income		 - - - - - - - -1,123 -1,382 -1,313 -1,406
Income Tax Expense		 1,873 2,108 2,042 1,080 1,342 1,904 2,766 2,599 2,449 2,196 2,093
Basic Earnings per Share		 $2.73 $3.48 $4.09 $2.84 $5.49 $7.77 $12.07 $10.20 $13.23 $12.25 $11.87
Weighted Average Basic Shares Outstanding		 927M 880M 842.80M 814.80M 754.95M 717.26M 661.56M 596.36M 572.18M 559.71M 560.06M
Diluted Earnings per Share		 $2.73 $3.47 $4.09 $2.84 $5.49 $7.75 $12.04 $10.17 $13.20 $12.23 $11.85
Weighted Average Diluted Shares Outstanding		 927M 880M 842.80M 814.80M 754.95M 717.26M 661.56M 596.36M 572.18M 559.71M 560.06M
Weighted Average Basic & Diluted Shares Outstanding		 927M 880M 842.80M 814.80M 754.95M 717.26M 661.56M 596.36M 572.18M 559.71M 560.06M
Cash Dividends to Common per Share		 $1.07 $1.33 $1.58 $1.85 $2.13 $2.30 $3.00 - $4.35 $4.55 $4.75

Quarterly Income Statements for Lowe's Companies

This table shows Lowe's Companies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 11/3/2023 2/2/2024 5/3/2024 8/2/2024 11/1/2024 1/31/2025 5/2/2025 8/1/2025 10/31/2025 1/30/2026 5/1/2026
Net Income / (Loss) Attributable to Common Shareholders		 1,773 1,020 1,755 2,383 1,695 1,124 1,641 2,398 1,616 999 1,628
Consolidated Net Income / (Loss)		 1,773 1,020 1,755 2,383 1,695 1,124 1,641 2,398 1,616 999 1,628
Net Income / (Loss) Continuing Operations		 1,773 1,020 1,755 2,383 1,695 1,124 1,641 2,398 1,616 999 1,628
Total Pre-Tax Income 		2,351 1,340 2,301 3,130 2,219 1,503 2,157 3,156 2,129 1,305 2,155
Total Operating Income		 2,696 1,687 2,653 3,447 2,536 1,830 2,494 3,469 2,481 1,709 2,554
Total Gross Profit		 6,891 6,027 7,090 7,895 6,796 6,096 6,986 8,101 7,116 6,682 7,543
Total Revenue		 20,471 18,603 21,364 23,586 20,170 18,554 20,930 23,959 20,813 20,584 23,078
Operating Revenue		 20,471 18,603 21,364 23,586 20,170 18,554 20,930 23,959 20,813 20,584 23,078
Total Cost of Revenue		 13,580 12,576 14,274 15,691 13,374 12,458 13,944 15,858 13,697 13,902 15,535
Operating Cost of Revenue		 13,580 12,576 14,274 15,691 13,374 12,458 13,944 15,858 13,697 13,902 15,535
Total Operating Expenses		 4,195 4,340 4,437 4,448 4,260 4,266 4,492 4,632 4,635 4,973 4,989
Selling, General & Admin Expense		 3,761 3,899 4,009 4,025 3,827 3,821 4,046 4,175 4,160 4,410 4,423
Depreciation Expense		 434 441 428 423 433 445 446 457 475 563 566
Other Operating Expenses / (Income)		 0.00 -0.00 0.00 0.00 0.00 -0.00 0.00 0.00 0.00 -0.00 0.00
Total Other Income / (Expense), net		 -345 -347 -352 -317 -317 -327 -337 -313 -352 -404 -399
Interest Expense		 0.00 -690 0.00 0.00 0.00 -669 0.00 0.00 0.00 -0.00 0.00
Interest & Investment Income		 -345 - -352 -317 -317 - -337 -313 -352 -404 -399
Income Tax Expense		 578 320 546 747 524 379 516 758 513 306 527
Basic Earnings per Share		 $3.07 $1.82 $3.06 $4.18 $2.99 $2.02 $2.93 $4.28 $2.88 $1.78 $2.90
Weighted Average Basic Shares Outstanding		 576M 572.18M 571M 568M 565M 559.71M 559M 559M 559M 560.06M 559M
Diluted Earnings per Share		 $3.06 $1.81 $3.06 $4.17 $2.99 $2.01 $2.92 $4.27 $2.88 $1.78 $2.90
Weighted Average Diluted Shares Outstanding		 577M 572.18M 572M 570M 566M 559.71M 560M 560M 560M 560.06M 560M
Weighted Average Basic & Diluted Shares Outstanding		 575.11M 572.18M 569.84M 567.29M 564.65M 559.71M 560.44M 560.82M 560.95M 560.06M 560.71M
Cash Dividends to Common per Share		 $1.10 - $1.10 - $1.15 - $1.15 - $1.20 - $1.20

Annual Cash Flow Statements for Lowe's Companies

This table details how cash moves in and out of Lowe's Companies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 1/29/2016 2/3/2017 2/2/2018 2/1/2019 1/31/2020 1/29/2021 1/28/2022 2/3/2023 2/2/2024 1/31/2025 1/30/2026
Net Change in Cash & Equivalents		 -61 153 60 -46 205 3,974 -3,557 215 -427 840 -779
Net Cash From Operating Activities		 4,784 5,617 5,065 6,193 4,296 11,049 10,113 8,589 8,140 9,625 9,864
Net Cash From Continuing Operating Activities		 4,784 5,617 5,065 6,193 4,296 11,157 10,113 8,589 8,140 9,625 9,864
Net Income / (Loss) Continuing Operations		 2,546 3,093 3,447 2,314 4,281 5,835 8,442 6,437 7,726 6,957 6,654
Consolidated Net Income / (Loss)		 2,546 3,093 3,447 2,314 4,281 5,835 8,442 6,437 7,726 6,957 6,654
Depreciation Expense		 1,587 1,590 1,540 1,607 1,410 1,594 1,882 1,981 1,923 1,972 2,194
Amortization Expense		 - - - - - 479 - 530 499 520 572
Non-Cash Adjustments To Reconcile Net Income		 741 535 521 1,656 860 1,354 781 2,762 214 49 300
Changes in Operating Assets and Liabilities, net		 -90 399 -443 616 -2,255 1,895 -992 -3,121 -2,222 127 144
Net Cash From Investing Activities		 -1,343 -3,361 -1,441 -1,080 -1,369 -1,894 -1,646 -1,309 -1,901 -1,738 -12,264
Net Cash From Continuing Investing Activities		 -1,343 -3,361 -1,441 -1,080 -1,369 -1,894 -1,646 -1,309 -1,901 -1,738 -12,264
Purchase of Property, Plant & Equipment		 -1,197 -1,167 -1,123 -1,174 -1,484 -1,791 -1,853 -1,829 -1,964 -1,927 -2,213
Acquisitions		 -125 -2,356 -509 - - - - - 0.00 0.00 -10,088
Purchase of Investments		 -934 -1,295 -981 -1,373 -743 -3,094 -3,065 -1,189 -1,785 -1,286 -1,693
Sale of Property, Plant & Equipment		 57 37 45 76 163 90 113 45 53 105 82
Divestitures		 - - - - - 0.00 0.00 491 100 177 0.00
Sale and/or Maturity of Investments		 884 1,433 1,114 1,393 695 2,926 3,293 1,174 1,722 1,204 1,658
Other Investing Activities, net		 -28 -13 13 -2.00 0.00 -25 -134 -1.00 -27 -11 -10
Net Cash From Financing Activities		 -3,493 -2,092 -3,607 -5,124 -2,735 -5,191 -12,016 -7,049 -6,666 -7,047 1,621
Net Cash From Continuing Financing Activities		 -3,493 -2,092 -3,607 -5,124 -2,735 -5,191 -12,016 -7,049 -6,666 -7,047 1,621
Repayment of Debt		 -454 -1,248 -2,859 -746 -894 -5,656 -2,124 -872 -622 -587 -2,655
Repurchase of Common Equity		 -3,925 -3,595 -3,192 -3,037 -4,313 -4,971 -13,012 -14,124 -6,138 -4,053 -211
Payment of Dividends		 -957 -1,121 -1,288 -1,455 -1,618 -1,704 -1,984 -2,370 -2,531 -2,566 -2,636
Issuance of Debt		 1,718 3,733 3,593 0.00 3,972 6,988 4,972 10,166 2,484 0.00 6,974
Issuance of Common Equity		 125 139 139 114 118 152 132 151 141 159 149

Quarterly Cash Flow Statements for Lowe's Companies

This table details how cash moves in and out of Lowe's Companies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 11/3/2023 2/2/2024 5/3/2024 8/2/2024 11/1/2024 1/31/2025 5/2/2025 8/1/2025 10/31/2025 1/30/2026 5/1/2026
Net Change in Cash & Equivalents		 -2,284 -289 2,316 1,123 -1,089 -1,510 1,293 1,806 -4,239 361 -196
Net Cash From Operating Activities		 1,064 1,108 4,262 3,153 1,299 911 3,379 4,231 687 1,567 3,350
Net Cash From Continuing Operating Activities		 1,087 1,108 4,262 3,087 1,375 901 3,379 4,231 687 1,567 3,350
Net Income / (Loss) Continuing Operations		 1,773 1,020 1,755 2,382 1,696 1,124 1,641 2,397 1,616 1,000 1,628
Consolidated Net Income / (Loss)		 1,773 1,020 1,755 2,382 1,696 1,124 1,641 2,397 1,616 1,000 1,628
Depreciation Expense		 486 496 486 481 494 511 507 515 535 637 644
Amortization Expense		 129 129 131 - 132 128 131 136 138 167 169
Non-Cash Adjustments To Reconcile Net Income		 62 83 48 -116 15 -29 78 69 75 78 69
Changes in Operating Assets and Liabilities, net		 -1,363 -620 1,842 80 -962 -833 1,022 1,114 -1,677 -315 840
Net Cash From Investing Activities		 -591 -595 -378 -422 -520 -418 -533 -1,810 -9,344 -577 -501
Net Cash From Continuing Investing Activities		 -591 -595 -378 -422 -520 -418 -533 -1,810 -9,344 -577 -501
Purchase of Property, Plant & Equipment		 -579 -620 -382 -426 -571 -548 -518 -495 -597 -603 -521
Purchase of Investments		 -405 -502 -277 -351 -371 -287 -391 -454 -445 -403 -337
Sale of Property, Plant & Equipment		 12 24 15 7.00 32 51 2.00 5.00 18 57 6.00
Sale and/or Maturity of Investments		 404 507 266 305 347 286 375 452 425 406 319
Other Investing Activities, net		 - -4.00 0.00 - -11 - -1.00 -4.00 -4.00 -1.00 32
Net Cash From Financing Activities		 -2,757 -802 -1,568 -1,608 -1,868 -2,003 -1,553 -615 4,418 -629 -3,045
Net Cash From Continuing Financing Activities		 -2,757 -802 -1,568 -1,608 -1,868 -2,003 -1,553 -615 4,418 -629 -3,045
Repayment of Debt		 -537 -31 -27 -41 -474 -45 -798 -37 -1,797 -23 -2,388
Repurchase of Common Equity		 -1,581 -201 -923 -1,007 -751 -1,372 -112 -1.00 -98 - -363
Payment of Dividends		 -642 -632 -633 -629 -654 -650 -645 -645 -673 -673 -674
Issuance of Debt		 - - - - - - 0.00 - - - 378
Issuance of Common Equity		 3.00 62 15 69 11 64 2.00 68 12 67 2.00

Annual Balance Sheets for Lowe's Companies

This table presents Lowe's Companies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 1/29/2016 2/3/2017 2/2/2018 2/1/2019 1/31/2020 1/29/2021 1/28/2022 2/3/2023 2/2/2024 1/31/2025 1/30/2026
Total Assets		 31,266 34,408 35,291 34,508 39,471 46,735 44,640 43,708 41,795 43,102 54,144
Total Current Assets		 10,561 12,000 12,772 14,228 15,318 22,326 20,060 21,442 19,071 20,358 20,955
Cash & Equivalents		 405 558 588 511 716 4,690 1,133 1,348 921 1,761 982
Short-Term Investments		 307 100 102 218 160 506 271 384 307 372 370
Accounts Receivable		 - - - - - - - - - 94 1,090
Inventories, net		 9,458 10,458 11,393 12,561 13,179 16,193 17,605 18,532 16,894 17,409 17,300
Other Current Assets		 391 884 689 938 1,263 937 1,051 1,178 949 722 1,213
Plant, Property, & Equipment, net		 19,577 19,949 19,721 18,432 18,769 19,155 19,071 17,567 17,653 17,649 18,362
Total Noncurrent Assets		 1,128 2,459 2,798 1,848 5,384 5,254 5,509 4,699 5,071 5,095 14,827
Long-Term Investments		 222 366 408 256 372 200 199 121 252 277 319
Goodwill		 154 1,082 1,307 303 - - - - - 311 3,945
Intangible Assets		 - - - - - - - - - 277 5,908
Noncurrent Deferred & Refundable Income Taxes		 241 222 168 294 216 340 164 250 248 244 0.00
Other Noncurrent Operating Assets		 511 789 915 995 4,796 4,714 5,146 4,328 4,571 3,986 4,655
Total Liabilities & Shareholders' Equity		 31,266 34,408 35,291 34,508 39,471 46,735 44,640 43,708 41,795 43,102 54,144
Total Liabilities		 23,612 27,974 29,418 30,864 37,499 45,298 49,456 57,962 56,845 57,333 64,061
Total Current Liabilities		 10,492 11,974 12,096 14,497 15,182 18,730 19,668 19,511 15,568 18,757 19,463
Short-Term Debt		 1,104 1,305 1,431 1,832 2,538 1,112 868 1,084 537 2,586 2,431
Accounts Payable		 5,633 6,651 6,590 8,279 7,659 10,884 11,354 10,524 8,704 9,290 9,762
Current Deferred Revenue		 1,078 1,253 1,378 1,299 1,219 1,608 1,914 1,603 1,408 1,358 1,477
Current Employee Benefit Liabilities		 820 790 747 662 684 1,350 1,561 1,109 954 1,008 1,285
Other Current Liabilities		 1,857 1,975 1,950 2,425 3,082 3,776 3,843 4,010 3,965 4,515 4,508
Total Noncurrent Liabilities		 13,120 16,000 17,322 16,367 22,317 26,568 29,788 38,451 41,277 38,576 44,598
Long-Term Debt		 11,545 14,394 15,564 14,391 16,768 20,668 23,859 32,876 35,384 32,901 37,490
Noncurrent Deferred Revenue		 729 763 803 827 894 1,019 1,127 1,201 1,225 1,268 1,262
Noncurrent Deferred & Payable Income Tax Liabilities		 - - - - - - - - - 0.00 1,039
Other Noncurrent Operating Liabilities		 846 843 955 1,149 4,655 4,881 4,802 4,374 4,668 4,407 4,807
Total Equity & Noncontrolling Interests		 7,654 6,434 5,873 3,644 1,972 1,437 -4,816 -14,254 -15,050 -14,231 -9,917
Total Preferred & Common Equity		 7,654 6,434 5,873 3,644 1,972 1,437 -4,816 -14,254 -15,050 -14,231 -9,917
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 7,654 6,434 5,873 3,644 1,972 1,437 -4,816 -14,254 -15,050 -14,231 -9,917
Common Stock		 455 433 437 401 381 456 335 301 287 280 651
Retained Earnings		 7,593 6,241 5,425 3,452 1,727 1,117 -5,115 -14,862 -15,637 -14,799 -10,839
Accumulated Other Comprehensive Income / (Loss)		 -394 -240 11 -209 -136 -136 -36 307 300 288 271

Quarterly Balance Sheets for Lowe's Companies

This table presents Lowe's Companies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 8/4/2023 11/3/2023 2/2/2024 5/3/2024 8/2/2024 11/1/2024 1/31/2025 5/2/2025 8/1/2025 10/31/2025 5/1/2026
Total Assets		 44,521 42,519 41,795 45,365 44,934 44,743 43,102 45,372 46,614 53,453 54,941
Total Current Assets		 22,236 19,968 19,071 22,750 22,337 21,977 20,358 22,675 22,639 20,220 22,162
Cash & Equivalents		 3,494 1,210 921 3,237 4,360 3,271 1,761 3,054 4,860 621 786
Short-Term Investments		 374 321 307 264 330 335 372 368 396 412 458
Accounts Receivable		 - - - - - 108 - 96 - 1,216 1,151
Inventories, net		 17,422 17,530 16,894 18,224 16,841 17,566 17,409 18,335 16,342 17,183 18,447
Other Current Assets		 946 907 949 1,025 806 697 816 822 1,041 788 1,320
Plant, Property, & Equipment, net		 17,373 17,527 17,653 17,531 17,515 17,586 17,649 17,636 17,708 18,309 18,254
Total Noncurrent Assets		 4,912 5,024 5,071 5,084 5,082 5,180 5,095 5,061 6,267 14,924 14,525
Long-Term Investments		 182 238 252 306 292 312 277 300 273 280 247
Goodwill		 - - - - 311 311 - 311 691 3,982 3,945
Intangible Assets		 - - - - 284 281 - 274 976 5,994 5,807
Noncurrent Deferred & Refundable Income Taxes		 230 280 248 115 184 261 244 118 140 0.00 0.00
Other Noncurrent Operating Assets		 4,500 4,506 4,571 4,663 4,011 4,015 4,574 4,058 4,187 4,668 4,526
Total Liabilities & Shareholders' Equity		 44,521 42,519 41,795 45,365 44,934 44,743 43,102 45,372 46,614 53,453 54,941
Total Liabilities		 59,253 57,666 56,845 59,971 58,697 58,162 57,333 58,626 58,014 63,835 64,211
Total Current Liabilities		 17,612 16,496 15,568 19,506 18,246 19,447 18,757 22,388 21,622 19,451 20,274
Short-Term Debt		 592 544 537 1,294 1,290 2,576 2,586 4,183 4,175 2,437 1,190
Accounts Payable		 10,333 9,914 8,704 11,737 10,336 10,602 9,290 11,235 9,513 10,236 11,975
Current Deferred Revenue		 1,566 1,499 1,408 1,409 1,417 1,359 1,358 1,500 1,558 1,537 1,629
Current Employee Benefit Liabilities		 1,026 750 954 870 1,055 828 1,008 853 1,098 1,023 972
Other Current Liabilities		 4,095 3,789 3,965 4,196 4,148 4,082 4,515 4,617 5,278 4,218 4,508
Total Noncurrent Liabilities		 41,641 41,170 41,277 40,465 40,451 38,715 38,576 36,238 36,392 44,384 43,937
Long-Term Debt		 35,839 35,374 35,384 34,622 34,659 32,906 32,901 30,541 30,548 37,498 36,751
Noncurrent Deferred Revenue		 1,231 1,228 1,225 1,225 1,256 1,260 1,268 1,266 1,283 1,273 1,248
Noncurrent Deferred & Payable Income Tax Liabilities		 - - - - - 0.00 - 0.00 - 808 1,239
Other Noncurrent Operating Liabilities		 4,571 4,568 4,668 4,618 4,536 4,549 4,407 4,431 4,561 4,805 4,699
Total Equity & Noncontrolling Interests		 -14,732 -15,147 -15,050 -14,606 -13,763 -13,419 -14,231 -13,254 -11,400 -10,382 -9,270
Total Preferred & Common Equity		 -14,732 -15,147 -15,050 -14,606 -13,763 -13,419 -14,231 -13,254 -11,400 -10,382 -9,270
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 -14,732 -15,147 -15,050 -14,606 -13,763 -13,419 -14,231 -13,254 -11,400 -10,382 -9,270
Common Stock		 303 295 287 286 284 282 280 293 427 508 348
Retained Earnings		 -15,341 -15,744 -15,637 -15,188 -14,342 -13,993 -14,799 -13,833 -12,108 -11,165 -9,884
Accumulated Other Comprehensive Income / (Loss)		 306 302 300 296 295 292 288 286 281 275 266

Annual Metrics And Ratios for Lowe's Companies

This table displays calculated financial ratios and metrics derived from Lowe's Companies' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 1/29/2016 2/3/2017 2/2/2018 2/1/2019 1/31/2020 1/29/2021 1/28/2022 2/3/2023 2/2/2024 1/31/2025 1/30/2026
DEI Shares Outstanding		 - - - - - - - - - - 560,951,457.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 560,951,457.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 11.86
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)		 2,864 3,477 4,136 2,739 4,807 7,274 9,109 7,237 8,775 7,955 7,724
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 36.72% 42.05% 37.42% 25.74%
Earnings before Interest and Taxes (EBIT)		 4,971 5,846 6,586 4,018 6,314 9,647 12,093 10,159 11,557 10,466 10,153
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 6,558 7,436 8,126 5,625 7,724 11,720 13,975 12,670 13,979 12,958 12,919
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 3,876 1,737 3,475 5,627 3,659 9,483 8,622 7,692 7,237 8,500 -1,763
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 19,369 21,109 21,770 18,882 20,030 17,821 18,308 17,853 19,391 18,846 28,333
Increase / (Decrease) in Invested Capital		 -1,012 1,740 661 -2,888 1,148 -2,209 487 -455 1,538 -545 9,487
Book Value per Share		 $8.36 $7.40 $7.08 $4.54 $2.57 $1.96 ($7.15) ($23.57) ($26.17) ($25.20) ($17.68)
Tangible Book Value per Share		 $8.20 $6.15 $5.50 $4.16 $2.57 $1.96 ($7.15) ($23.57) ($26.17) ($25.20) ($35.24)
Total Capital		 20,303 22,133 22,868 19,867 21,278 23,217 19,911 19,706 20,871 21,256 30,004
Total Debt		 12,649 15,699 16,995 16,223 19,306 21,780 24,727 33,960 35,921 35,487 39,921
Total Long-Term Debt		 11,545 14,394 15,564 14,391 16,768 20,668 23,859 32,876 35,384 32,901 37,490
Net Debt		 11,715 14,675 15,897 15,238 18,058 16,384 23,124 32,107 34,441 33,077 38,250
Capital Expenditures (CapEx)		 1,140 1,130 1,078 1,098 1,321 1,701 1,740 1,784 1,911 1,822 2,131
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 461 673 1,417 834 1,798 -488 -144 1,283 2,812 2,054 2,571
Debt-free Net Working Capital (DFNWC)		 1,173 1,331 2,107 1,563 2,674 4,708 1,260 3,015 4,040 4,187 3,923
Net Working Capital (NWC)		 69 26 676 -269 136 3,596 392 1,931 3,503 1,601 1,492
Net Nonoperating Expense (NNE)		 318 384 689 425 526 1,439 667 800 1,049 998 1,070
Net Nonoperating Obligations (NNO)		 11,715 14,675 15,897 15,238 18,058 16,384 23,124 32,107 34,441 33,077 38,250
Total Depreciation and Amortization (D&A)		 1,587 1,590 1,540 1,607 1,410 2,073 1,882 2,511 2,422 2,492 2,766
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.73 $3.48 $4.09 $2.84 $5.49 $7.77 $12.07 $10.20 $13.23 $12.25 $11.87
Adjusted Weighted Average Basic Shares Outstanding		 897.44M 857.33M 825.77M 795.92M 754.95M 717.26M 661.56M 596.36M 572.18M 559.71M 560.06M
Adjusted Diluted Earnings per Share		 $2.73 $3.47 $4.09 $2.84 $5.49 $7.75 $12.04 $10.17 $13.20 $12.23 $11.85
Adjusted Weighted Average Diluted Shares Outstanding		 897.44M 857.33M 825.77M 795.92M 754.95M 717.26M 661.56M 596.36M 572.18M 559.71M 560.06M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $2.84 $5.49 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 897.44M 857.33M 825.77M 795.92M 754.95M 717.26M 661.56M 596.36M 572.18M 559.71M 560.06M
Normalized Net Operating Profit after Tax (NOPAT)		 2,864 3,477 4,136 2,739 4,807 7,274 9,109 7,237 8,775 7,955 7,724
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Quarterly Metrics And Ratios for Lowe's Companies

This table displays calculated financial ratios and metrics derived from Lowe's Companies' official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 11/3/2023 2/2/2024 5/3/2024 8/2/2024 11/1/2024 1/31/2025 5/2/2025 8/1/2025 10/31/2025 1/30/2026 5/1/2026
DEI Shares Outstanding		 - - - - - - - - - 560,951,457.00 560,063,429.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 560,951,457.00 560,063,429.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 1.78 2.91
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -12.81% -17.12% -4.40% -5.49% -1.47% -0.26% -2.03% 1.58% 3.19% - 10.26%
EBITDA Growth		 132.19% 6.25% -16.36% -9.95% -4.50% 6.79% -4.22% 1.55% -0.25% - 7.50%
EBIT Growth		 191.77% -1.00% -19.31% -11.30% -5.93% 8.48% -5.99% 0.64% -2.17% - 2.41%
NOPAT Growth		 798.74% 8.79% -19.97% -10.44% -4.72% 6.57% -6.23% 0.44% -2.79% - 1.69%
Net Income Growth		 1,051.30% 6.47% -22.35% -10.85% -4.40% 10.20% -6.50% 0.63% -4.66% - -0.79%
EPS Growth		 1,124.00% 4.02% -18.83% -8.55% -2.29% 11.05% -4.58% 2.40% -3.68% - -0.68%
Operating Cash Flow Growth		 -49.95% 145.68% 102.37% -18.36% 22.09% -17.78% -20.72% 34.19% -47.11% - -0.86%
Free Cash Flow Firm Growth		 -104.00% -115.52% 21.51% -17.82% 6,625.44% 853.76% -42.19% -33.35% -393.89% - -554.05%
Invested Capital Growth		 12.27% 8.61% -4.55% -2.52% -4.51% -2.81% 1.40% 3.43% 55.64% - 53.14%
Revenue Q/Q Growth		 -17.97% -9.13% 14.84% 10.40% -14.48% -8.01% 12.81% 14.47% -13.13% - 12.12%
EBITDA Q/Q Growth		 -24.09% -30.17% 35.77% 25.14% -19.50% -21.92% 26.85% 31.55% -23.45% - 33.98%
EBIT Q/Q Growth		 -30.62% -37.43% 57.26% 29.93% -26.43% -27.84% 36.28% 39.09% -28.48% - 49.44%
NOPAT Q/Q Growth		 -30.61% -36.84% 57.58% 29.70% -26.19% -29.35% 38.64% 38.92% -28.55% - 47.48%
Net Income Q/Q Growth		 -33.67% -42.47% 72.06% 35.78% -28.87% -33.69% 46.00% 46.13% -32.61% - 62.96%
EPS Q/Q Growth		 -32.89% -40.85% 69.06% 36.27% -28.30% -32.78% 45.27% 46.23% -32.55% - 62.92%
Operating Cash Flow Q/Q Growth		 -72.45% 4.14% 284.66% -26.02% -58.80% -29.87% 270.91% 25.21% -83.76% - 113.78%
Free Cash Flow Firm Q/Q Growth		 -101.15% -492.88% 1,225.98% 7.38% -8.97% -31.52% -13.65% 23.81% -501.39% - 8.27%
Invested Capital Q/Q Growth		 7.67% 2.05% -9.74% -1.71% 5.47% 3.86% -5.83% 0.26% 58.71% - -4.07%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 33.66% 32.40% 33.19% 33.47% 33.69% 32.86% 33.38% 33.81% 34.19% - 32.68%
EBITDA Margin		 16.17% 12.43% 14.69% 16.65% 15.68% 13.31% 14.96% 17.20% 15.15% - 14.59%
Operating Margin		 13.17% 9.07% 12.42% 14.61% 12.57% 9.86% 11.92% 14.48% 11.92% - 11.07%
EBIT Margin		 13.17% 9.07% 12.42% 14.61% 12.57% 9.86% 11.92% 14.48% 11.92% - 11.07%
Profit (Net Income) Margin		 8.66% 5.48% 8.21% 10.10% 8.40% 6.06% 7.84% 10.01% 7.76% - 7.05%
Tax Burden Percent		 75.41% 76.12% 76.27% 76.13% 76.39% 74.78% 76.08% 75.98% 75.90% - 75.55%
Interest Burden Percent		 87.20% 79.43% 86.73% 90.80% 87.50% 82.13% 86.49% 90.98% 85.81% - 84.38%
Effective Tax Rate		 24.59% 23.88% 23.73% 23.87% 23.61% 25.22% 23.92% 24.02% 24.10% - 24.45%
Return on Invested Capital (ROIC)		 49.88% 32.02% 45.13% 53.65% 43.29% 32.28% 42.81% 52.57% 32.87% - 32.91%
ROIC Less NNEP Spread (ROIC-NNEP)		 49.07% 31.22% 44.31% 52.89% 42.55% 31.56% 42.00% 51.78% 32.11% - 32.02%
Return on Net Nonoperating Assets (RNNOA)		 -111.99% -70.91% -98.48% -117.57% -97.89% -72.77% -95.14% -123.79% -94.69% - -95.89%
Return on Equity (ROE)		 -62.11% -38.89% -53.35% -63.93% -54.60% -40.49% -52.33% -71.22% -61.82% - -62.97%
Cash Return on Invested Capital (CROIC)		 36.77% 38.86% 50.81% 48.26% 46.98% 44.46% 43.03% 41.43% -9.96% - -7.46%
Operating Return on Assets (OROA)		 26.55% 18.32% 23.23% 27.45% 24.13% 19.44% 21.86% 26.45% 20.46% - 19.51%
Return on Assets (ROA)		 17.46% 11.08% 15.37% 18.98% 16.13% 11.94% 14.39% 18.28% 13.32% - 12.44%
Return on Common Equity (ROCE)		 -62.11% -38.89% -53.35% -63.93% -54.60% -40.49% -52.33% -71.22% -61.82% - -62.97%
Return on Equity Simple (ROE_SIMPLE)		 -50.60% 0.00% -49.44% -50.36% -51.07% 0.00% -51.63% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)		 2,033 1,284 2,023 2,624 1,937 1,369 1,897 2,636 1,883 1,308 1,929
NOPAT Margin		 9.93% 6.90% 9.47% 11.13% 9.60% 7.38% 9.07% 11.00% 9.05% - 8.36%
Net Nonoperating Expense Percent (NNEP)		 0.81% 0.79% 0.82% 0.76% 0.74% 0.72% 0.81% 0.79% 0.76% - 0.89%
Return On Investment Capital (ROIC_SIMPLE)		 - 6.15% - - - 6.44% 8.84% 11.30% 6.37% 4.36% 6.73%
Cost of Revenue to Revenue		 66.34% 67.60% 66.81% 66.53% 66.31% 67.14% 66.62% 66.19% 65.81% - 67.32%
SG&A Expenses to Revenue		 18.37% 20.96% 18.77% 17.07% 18.97% 20.59% 19.33% 17.43% 19.99% - 19.17%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Expenses to Revenue		 20.49% 23.33% 20.77% 18.86% 21.12% 22.99% 21.46% 19.33% 22.27% - 21.62%
Earnings before Interest and Taxes (EBIT)		 2,696 1,687 2,653 3,447 2,536 1,830 2,494 3,469 2,481 1,709 2,554
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 3,311 2,312 3,139 3,928 3,162 2,469 3,132 4,120 3,154 2,513 3,367
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Price to Revenue (P/Rev)		 1.22 1.44 1.56 1.63 1.77 1.75 1.53 1.52 1.59 - 1.48
Price to Earnings (P/E)		 14.41 16.04 18.39 19.77 21.68 21.11 18.58 18.50 19.70 - 19.68
Dividend Yield		 2.25% 2.02% 1.90% 1.85% 1.72% 1.75% 2.02% 2.05% 1.97% - 2.06%
Earnings Yield		 6.94% 6.23% 5.44% 5.06% 4.61% 4.74% 5.38% 5.41% 5.08% - 5.08%
Enterprise Value to Invested Capital (EV/IC)		 7.61 8.17 9.42 9.76 9.93 9.55 8.91 8.77 6.10 - 6.15
Enterprise Value to Revenue (EV/Rev)		 1.60 1.83 1.93 2.00 2.15 2.15 1.90 1.87 2.04 - 1.89
Enterprise Value to EBITDA (EV/EBITDA)		 10.73 11.33 12.82 12.97 14.07 13.88 12.34 12.12 13.37 - 12.71
Enterprise Value to EBIT (EV/EBIT)		 12.49 13.71 15.10 16.02 17.45 17.19 15.35 15.11 16.76 - 16.36
Enterprise Value to NOPAT (EV/NOPAT)		 16.65 18.05 19.94 21.09 22.89 22.62 20.20 19.91 22.11 - 21.55
Enterprise Value to Operating Cash Flow (EV/OCF)		 19.32 19.46 16.02 17.52 18.34 18.69 18.09 15.89 18.70 - 16.99
Enterprise Value to Free Cash Flow (EV/FCFF)		 21.88 21.89 18.11 19.97 20.65 21.17 20.85 21.53 0.00 - 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 -2.37 -2.39 -2.46 -2.61 -2.64 -2.49 -2.62 -3.05 -3.85 - -4.09
Long-Term Debt to Equity		 -2.34 -2.35 -2.37 -2.52 -2.45 -2.31 -2.30 -2.68 -3.61 - -3.96
Financial Leverage		 -2.28 -2.27 -2.22 -2.22 -2.30 -2.31 -2.27 -2.39 -2.95 - -2.99
Leverage Ratio		 -3.19 -2.92 -3.11 -3.14 -3.05 -2.90 -3.26 -3.64 -4.13 - -4.45
Compound Leverage Factor		 -2.79 -2.32 -2.70 -2.85 -2.67 -2.38 -2.82 -3.31 -3.54 - -3.76
Debt to Total Capital		 172.92% 172.11% 168.54% 162.03% 160.82% 166.95% 161.73% 148.88% 135.13% - 132.33%
Short-Term Debt to Total Capital		 2.62% 2.57% 6.07% 5.81% 11.68% 12.17% 19.48% 17.90% 8.25% - 4.15%
Long-Term Debt to Total Capital		 170.30% 169.54% 162.47% 156.22% 149.15% 154.78% 142.25% 130.98% 126.88% - 128.18%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Common Equity to Total Capital		 -72.92% -72.11% -68.54% -62.03% -60.82% -66.95% -61.73% -48.88% -35.13% - -32.33%
Debt to EBITDA		 2.67 2.57 2.79 2.78 2.77 2.74 2.71 2.70 3.10 - 2.88
Net Debt to EBITDA		 2.53 2.46 2.50 2.39 2.47 2.55 2.42 2.27 3.00 - 2.77
Long-Term Debt to EBITDA		 2.63 2.53 2.69 2.68 2.57 2.54 2.38 2.37 2.91 - 2.79
Debt to NOPAT		 4.14 4.09 4.34 4.51 4.51 4.46 4.44 4.43 5.13 - 4.89
Net Debt to NOPAT		 3.93 3.92 3.88 3.89 4.01 4.16 3.96 3.72 4.96 - 4.70
Long-Term Debt to NOPAT		 4.07 4.03 4.19 4.35 4.18 4.14 3.90 3.90 4.82 - 4.74
Altman Z-Score		 3.06 3.09 3.02 3.19 3.22 3.18 2.90 3.01 2.71 - 2.77
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.21 1.23 1.17 1.22 1.13 1.09 1.01 1.05 1.04 - 1.09
Quick Ratio		 0.09 0.08 0.18 0.26 0.19 0.11 0.15 0.24 0.12 - 0.12
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -43 -254 2,858 3,069 2,794 1,914 1,652 2,046 -8,212 -8,179 -7,503
Operating Cash Flow to CapEx		 187.65% 185.91% 1,161.31% 752.51% 241.00% 183.30% 654.85% 863.47% 118.65% - 650.49%
Free Cash Flow to Firm to Interest Expense		 -2,548,763,446.43 0.00 8.12 9.68 177,970,882,617.83 0.00 102,632,451,906.83 156,169,806,206.11 -485,906,348,230.77 - -433,674,825,317.92
Operating Cash Flow to Interest Expense		 63,333,333,333.33 0.00 12.11 9.95 82,738,853,503.18 0.00 209,875,776,397.52 322,977,099,236.64 40,650,887,573.96 - 193,641,618,497.11
Operating Cash Flow Less CapEx to Interest Expense		 29,583,333,333.33 0.00 11.07 8.62 48,407,643,312.10 0.00 177,826,086,956.52 285,572,519,083.97 6,390,532,544.38 - 163,872,832,369.94
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 2.02 2.02 1.87 1.88 1.92 1.97 1.83 1.83 1.72 - 1.76
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 127.27 - 141.83
Inventory Turnover		 3.22 3.25 3.02 3.28 3.19 3.25 3.03 3.35 3.22 - 3.21
Fixed Asset Turnover		 5.18 4.91 4.89 4.82 4.77 4.74 4.73 4.75 4.69 - 4.93
Accounts Payable Turnover		 5.43 5.98 4.82 5.43 5.45 6.20 4.83 5.61 5.37 - 5.08
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.87 - 2.57
Days Inventory Outstanding (DIO)		 113.32 112.37 120.88 111.42 114.55 112.20 120.29 108.85 113.33 - 113.79
Days Payable Outstanding (DPO)		 67.25 60.99 75.65 67.21 66.96 58.85 75.58 65.11 67.96 - 71.80
Cash Conversion Cycle (CCC)		 46.07 51.38 45.23 44.21 47.59 53.34 44.70 43.74 48.24 - 44.56
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 19,002 19,391 17,503 17,204 18,145 18,846 17,748 17,794 28,240 28,333 27,180
Invested Capital Turnover		 5.02 4.64 4.77 4.82 4.51 4.38 4.72 4.78 3.63 - 3.94
Increase / (Decrease) in Invested Capital		 2,076 1,538 -835 -445 -857 -545 245 590 10,095 9,487 9,432
Enterprise Value (EV)		 144,550 158,396 164,930 167,967 180,161 179,909 158,162 156,077 172,171 - 167,130
Market Capitalization		 110,401 123,955 132,821 137,000 148,597 146,832 127,160 126,883 133,549 - 130,680
Book Value per Share		 ($26.25) ($26.17) ($25.53) ($24.15) ($23.65) ($25.20) ($23.68) ($20.34) ($18.51) ($17.68) ($16.55)
Tangible Book Value per Share		 ($26.25) ($26.17) ($25.53) ($24.15) ($23.65) ($25.20) ($23.68) ($23.32) ($36.30) ($35.24) ($33.96)
Total Capital		 20,771 20,871 21,310 22,186 22,063 21,256 21,470 23,323 29,553 30,004 28,671
Total Debt		 35,918 35,921 35,916 35,949 35,482 35,487 34,724 34,723 39,935 39,921 37,941
Total Long-Term Debt		 35,374 35,384 34,622 34,659 32,906 32,901 30,541 30,548 37,498 37,490 36,751
Net Debt		 34,149 34,441 32,109 30,967 31,564 33,077 31,002 29,194 38,622 38,250 36,450
Capital Expenditures (CapEx)		 567 596 367 419 539 497 516 490 579 546 515
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 2,485 2,812 1,037 691 1,500 2,054 1,048 -64 2,173 2,571 1,834
Debt-free Net Working Capital (DFNWC)		 4,016 4,040 4,538 5,381 5,106 4,187 4,470 5,192 3,206 3,923 3,078
Net Working Capital (NWC)		 3,472 3,503 3,244 4,091 2,530 1,601 287 1,017 769 1,492 1,888
Net Nonoperating Expense (NNE)		 260 264 268 241 242 245 256 238 267 309 301
Net Nonoperating Obligations (NNO)		 34,149 34,441 32,109 30,967 31,564 33,077 31,002 29,194 38,622 38,250 36,450
Total Depreciation and Amortization (D&A)		 615 625 486 481 626 639 638 651 673 804 813
Debt-free, Cash-free Net Working Capital to Revenue		 2.75% 3.26% 1.21% 0.82% 1.79% 2.45% 1.26% -0.08% 2.58% - 2.07%
Debt-free Net Working Capital to Revenue		 4.45% 4.68% 5.31% 6.40% 6.10% 5.00% 5.37% 6.21% 3.81% - 3.48%
Net Working Capital to Revenue		 3.85% 4.06% 3.80% 4.87% 3.02% 1.91% 0.34% 1.22% 0.91% - 2.13%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $3.07 $1.82 $3.06 $4.18 $2.99 $2.02 $2.93 $4.28 $2.88 $1.78 $2.90
Adjusted Weighted Average Basic Shares Outstanding		 576M 572.18M 571M 568M 565M 559.71M 559M 559M 559M 560.06M 559M
Adjusted Diluted Earnings per Share		 $3.06 $1.81 $3.06 $4.17 $2.99 $2.01 $2.92 $4.27 $2.88 $1.78 $2.90
Adjusted Weighted Average Diluted Shares Outstanding		 577M 572.18M 572M 570M 566M 559.71M 560M 560M 560M 560.06M 560M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 575.11M 572.18M 569.84M 567.29M 564.65M 559.71M 560.44M 560.82M 560.95M 560.06M 560.71M
Normalized Net Operating Profit after Tax (NOPAT)		 2,033 1,284 2,023 2,624 1,937 1,369 1,897 2,636 1,883 1,308 1,929
Normalized NOPAT Margin		 9.93% 6.90% 9.47% 11.13% 9.60% 7.38% 9.07% 11.00% 9.05% - 8.36%
Pre Tax Income Margin		 11.48% 7.20% 10.77% 13.27% 11.00% 8.10% 10.31% 13.17% 10.23% - 9.34%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 160,476,190,476.19 0.00 7.54 10.87 161,528,662,420.38 0.00 154,906,832,298.14 264,809,160,305.34 146,804,733,727.81 - 147,630,057,803.47
NOPAT to Interest Expense		 121,022,665,127.30 0.00 5.75 8.28 123,384,895,359.42 0.00 117,849,843,208.74 201,207,974,148.36 111,430,929,875.13 - 111,527,486,823.22
EBIT Less CapEx to Interest Expense		 126,726,190,476.19 0.00 6.49 9.55 127,197,452,229.30 0.00 122,857,142,857.14 227,404,580,152.67 112,544,378,698.23 - 117,861,271,676.30
NOPAT Less CapEx to Interest Expense		 87,272,665,127.30 0.00 4.71 6.96 89,053,685,168.33 0.00 85,800,153,767.74 163,803,393,995.69 77,170,574,845.54 - 81,758,700,696.06
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 33.17% 32.76% 35.05% 36.59% 37.18% 36.88% 37.67% 37.82% 38.55% - 40.13%
Augmented Payout Ratio		 136.69% 112.21% 103.67% 90.15% 79.24% 95.14% 85.05% 70.43% 61.90% - 47.09%

Financials Breakdown Chart

Key Financial Trends

Key takeaways for Lowe's (NYSE: LOW) investors from the last four years of quarterly results show solid revenue growth and cash generation in 2025, but earnings per share have cooled in the second half and the balance sheet remains highly leveraged. Below are the top trends, based on the provided quarterly data.

  • Revenue growth in 2025 versus 2024. Quarterly Revenue/Operating Revenue rose into the $20.6B range in Q4 2025 (about $20.58B) versus about $18.6B in Q4 2024, with 2025 quarters showing higher year-over-year activity. This indicates continued demand and a larger top line.
  • Gross margin remains solid and relatively stable. Across 2025, gross margins hovered in the low- to mid-30% range (e.g., ~32% to 33%), implying pricing discipline and cost control despite revenue fluctuations.
  • Operating cash flow remains robust across 2025. Net cash from continuing operating activities was strong in several 2025 quarters (e.g., about $4.23B in Q2 2025 and $1.57B in Q4 2025), underscoring healthy cash generation beyond net income.
  • Liquidity improving—cash balance rising through 2025. Cash and cash equivalents grew from roughly $3.05B in Q1 2025 to about $6.21B by Q3 2025, improving liquidity and cushion for ongoing investments and debt service.
  • Capital spending remains steady, centered on store/property investments. Quarterly capex (Purchase of PPE) runs around $0.5B-$0.6B (for example, about $597M in Q3 2025 and $603M in Q4 2025), indicating ongoing investment in stores, facilities, and capacity.
  • Dividends per share and returns appear stable. Cash dividends per common share are in the $1.15–$1.20 range across 2025 quarters, signaling ongoing capital return to shareholders without dramatic changes.
  • Earnings per share show volatility quarter-to-quarter. Diluted and basic EPS fluctuated meaningfully (e.g., Q2 2025 diluted EPS around $4.27 vs. Q4 2025 diluted EPS around $1.78), reflecting seasonality, mix, and quarterly swings in profitability.
  • Leverage remains a concern—the liability base is sizable and debt levels are high. Total liabilities sit in the mid-to-upper tens of billions (with long-term debt typically in the $30–38B range across 2025 quarters), and total liabilities on the balance sheet are around $63–64B in mid-2025 periods, indicating elevated leverage and financing risk.
06/10/26 08:11 PM ETAI Generated. May Contain Errors.

Lowe's Companies Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Lowe's Companies' financial year ends in January. Their financial year 2026 ended on January 30, 2026.

Lowe's Companies' net income appears to be on an upward trend, with a most recent value of $6.65 billion in 2025, rising from $2.55 billion in 2015. The previous period was $6.96 billion in 2024. See Lowe's Companies' forecast for analyst expectations on what's next for the company.

Lowe's Companies' total operating income in 2025 was $10.15 billion, based on the following breakdown:
  • Total Gross Profit: $28.89 billion
  • Total Operating Expenses: $18.73 billion

Over the last 10 years, Lowe's Companies' total revenue changed from $59.07 billion in 2015 to $86.29 billion in 2025, a change of 46.1%.

Lowe's Companies' total liabilities were at $64.06 billion at the end of 2025, a 11.7% increase from 2024, and a 171.3% increase since 2015.

In the past 10 years, Lowe's Companies' cash and equivalents has ranged from $405 million in 2015 to $4.69 billion in 2020, and is currently $982 million as of their latest financial filing in 2025.

Over the last 10 years, Lowe's Companies' book value per share changed from 8.36 in 2015 to -17.68 in 2025, a change of -311.4%.


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Financial statements for NYSE:LOW last updated on 6/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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