Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and Canada. It provides a line of products for construction, maintenance, repair, remodeling, and decorating. The company also offers home improvement products, such as appliances, seasonal and outdoor living, lumber, lawn and garden, kitchens and bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, flooring, and dΓ©cor. In addition, it provides installation services through independent contractors in various product categories; and extended protection plans and repair services. Further, the company provides design, distribution, and installation services for interior surface finishes to home builders and property managers. It sells its national brand-name merchandise and private brand products to professional customers, individual homeowners, and renters. The company serves its products through Lowes.com website, mobile applications, retail home improvement stores and outlet stores, and its branches. Lowe's Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $86.3B | $12.5B | $6.7B | $7.7B | -67.1% | 3.1% | -4.4% |
| 2025 | $83.7B | $12.6B | $7.0B | $7.7B | -48.9% | -3.1% | -10.0% |
| 2024 | $86.4B | $13.6B | $7.7B | $6.2B | -51.3% | -11.0% | 20.0% |
| 2023 | $97.1B | $12.2B | $6.4B | $6.8B | -45.2% | - | - |
| 2022 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 97,059 | 86,377 | 83,674 | 86,286 |
| Cost Of Revenue | - | 64,802 | 57,533 | 55,797 | 57,401 |
| Gross Profit | - | 32,257 | 28,844 | 27,877 | 28,885 |
| Operating Expense | - | 22,098 | 17,287 | 17,411 | 18,732 |
| Operating Income | - | 10,159 | 11,557 | 10,466 | 10,153 |
| EBITDA | - | 12,177 | 13,581 | 12,597 | 12,468 |
| EBIT | - | 10,196 | 11,658 | 10,625 | 10,274 |
| Pretax Income | - | 9,036 | 10,175 | 9,153 | 8,747 |
| Tax Provision | - | 2,599 | 2,449 | 2,196 | 2,093 |
| Net Income | - | 6,437 | 7,726 | 6,957 | 6,654 |
| Net Income Common Stockholders | - | 6,416 | 7,706 | 6,940 | 6,636 |
| Total Expenses | - | 86,900 | 74,820 | 73,208 | 76,133 |
| Interest Expense | - | 1,160 | 1,483 | 1,472 | 1,527 |
| Interest Income | - | 37 | 101 | 159 | 121 |
| Selling General And Administration | - | 20,332 | 15,570 | 15,682 | 16,791 |
| Normalized EBITDA | - | 12,177 | 13,581 | 12,597 | 12,468 |
| Normalized Income | - | 6,437 | 7,726 | 6,957 | 6,654 |
| Market Cap | 136,907 | 136,907 | 136,907 | 136,907 | 136,907 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Lowe's Companies, Inc.this co. | LOW | $137.0B | 20.58β discount | -13.81 | -67.1% | 14.49 |
| The TJX Companies, Inc. | TJX | $175.0B | 31.74 | 17.11 | 53.9% | 21.07 |
| Starbucks Corporation | SBUX | $112.2B | 60.56 | -13.88 | -22.9% | 28.17 |
| Marriott International, Inc. | MAR | $100.2B | 37.40 | -25.80 | -69.0% | 23.74 |
| MercadoLibre, Inc. | MELI |
| - |
| - |
| - |
| - |
| - |
| - |
| $93.0B |
| 46.59 |
| 13.79 |
| 29.6% |
| 26.38 |
| Airbnb, Inc. | ABNB | $87.5B | 34.10 | 10.44 | 30.6% | 31.89 |
| O'Reilly Automotive, Inc. | ORLY | $79.3B | 30.77 | -102.30 | -332.5% | 21.67 |
| Hilton Worldwide Holdings Inc. | HLT | $79.1B | 52.82 | -14.28 | -27.0% | 31.07 |
| Royal Caribbean Cruises Ltd. | RCL | $72.1B | 16.85 | 7.17 | 42.5% | 13.15 |
| Peer Median | - | 35.75 | -3.36 | 3.3% | 25.06 | |