Lowe's
LOW NYSE· Home Improvement Retail
Last close · Oct 26, 2026
$198.22
KIRA · Stoqly’s AI analyst, in plain words
- Lowe's had $86.3B of revenue in fiscal 2025, up 3.1% on the year before. Over five years, revenue changed −0.8% a year on average.
- Its operating margin was 11.8%, down 0.7 pts: of every 100 in sales, about 12 is left after running the business.
- Lowe's made $6.7B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 14.6% a year.
- Free cash flow was $7.7B in fiscal 2025, 8.9% of revenue.
- Lowe's returned $2.8B to shareholders in fiscal 2025, 37% of free cash flow. The diluted share count fell 1.4%.
- Lowe's owes $38.9B more than it holds in cash, about 3.2 years of operating profit.
Market cap
$111.0B
P/E
16.8x
Revenue
$86.3B
Net income
$6.7B
Free cash flow
$7.7B
Operating margin
11.8%
Lowe's in 30 seconds · fiscal 2025
Are sales growing?
+3.1%
Only a little. Sales grew 3.1% last year.
Does it make a profit?
7.7%
A little. It keeps 7.7% of every sale as profit.
Does profit turn into cash?
8.9%
Partly. 8.9% of sales ends up as free cash.
Is debt under control?
3.2x
Heavy. Repaying its debt would take 3.2 years of operating profit.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
16.8x
One share costs 16.8 times its yearly profit per share. Typical for its sector: 17.9x.
What Lowe's does
Lowe's is a home improvement retailer. It says it is the world's second largest. At the end of January 2026 it ran 1,759 home improvement stores and outlets in the United States, with about 196 million square feet of selling space, and over 540 branch locations in the United States and Canada. Its stores sell products for home projects, and it also sells online and through contact centers. Customers can pick up orders in the store or at the curb, or have them delivered. Lowe's was founded in 1921 and has been publicly held since 1961. Lowe's sells to homeowners and renters who do projects themselves or have others do them, and to Pro customers: tradespeople, repair and remodel workers and property managers. It also offers installation services through independent and third-party installers. Its five-part strategy, called Total Home, aims to bring in more Pro customers, grow online sales, expand home services, build a loyalty program and make better use of store space.
Biggest risks, in its own words
- Failing to adapt to changing shopping habits as retail shifts online.
- Competitors taking sales and market share if its strategy is not carried out well.
- Problems with suppliers, key vendors, or the third-party installers it uses for home services.
- Disruption to its operations from changes to its supply chain network, or from inventory mistakes.
- Fiscal year ends
- January 30, 2026
- Latest annual report
- 10-K · Mar 23, 2026
- Legal name
- LOWES COMPANIES INC
- CIK
- 0000060667
Lowe's · LOW
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $96.3B | $97.1B | $86.4B | $83.7B | $86.3B |
| Revenue growth | 7.4% | 0.8% | −11.0% | −3.1% | 3.1% |
| Gross margin | 33.3% | 33.2% | 33.4% | 33.3% | 33.5% |
| Operating margin | 12.6% | 10.5% | 13.4% | 12.5% | 11.8% |
| Net income | $8.4B | $6.4B | $7.7B | $7.0B | $6.7B |
| Net margin | 8.8% | 6.6% | 8.9% | 8.3% | 7.7% |
| Diluted EPS | $12.04 | $10.17 | $13.20 | $12.23 | $11.85 |
| Cash | |||||
| Cash from operations | $10.1B | $8.6B | $8.1B | $9.6B | $9.9B |
| Capital expenditure | $1.9B | $1.8B | $2.0B | $1.9B | $2.2B |
| Free cash flow | $8.3B | $6.8B | $6.2B | $7.7B | $7.7B |
| FCF margin | 8.6% | 7.0% | 7.2% | 9.2% | 8.9% |
| Dividends paid | $2.0B | $2.4B | $2.5B | $2.6B | $2.6B |
| Share buybacks | $13.0B | $14.1B | $6.1B | $4.1B | $211M |
| Share count change | −6.8% | −9.7% | −7.5% | −2.7% | −1.4% |
| Debt and strength | |||||
| Cash and short-term investments | $1.4B | $1.7B | $1.2B | $2.1B | $1.4B |
| Debt incl. finance leases | $25.0B | $34.3B | $36.3B | $35.8B | $40.2B |
| Shareholders' equity | −$4.8B | −$14.3B | −$15.1B | −$14.2B | −$9.9B |
| Net debt / EBITDA | 1.7x | 2.7x | 2.6x | 2.7x | 3.2x |
| Current ratio | 1.0x | 1.1x | 1.2x | 1.1x | 1.1x |
| Interest coverage | 14.5x | 10.4x | 7.9x | 7.1x | 6.8x |
| Returns and quality | |||||
| Return on capital | 49.6% | 39.0% | 45.8% | 40.4% | 31.9% |
| Piotroski F-score | 6 | 6 | 7 | 6 | 6 |
| Altman Z'' | 1.4 | 0.5 | 0.9 | 0.5 | 0.6 |
Insiders bought, 12 months
$0.2M
1 insider
Insiders sold, 12 months
$13.2M
5 insiders
Of sales under plans
36%
$4.7M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Lowe's · LOW
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Lowe's LOW | $111.0B | 3.1% | 11.8% | 8.9% | 31.9% | 16.8x | 6 |
| Home Depot HD | $318.1B | 3.2% | 12.7% | 7.7% | 24.9% | 22.3x | 4 |
| Floor & Decor FND | $5.1B | 5.1% | 5.8% | 1.4% | 9.3% | 22.0x | 6 |
| Tesla TSLA | $1.39T | −2.9% | 4.6% | 6.6% | 7.2% | — | 5 |
| TJX Companies TJX | $160.5B | 7.1% | — | 8.1% | 87.1% | 26.6x | 8 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $198.22 a share, the company is worth $111.0B: 16.8 times its earnings of the last four quarters.
Lowe's grew sales faster than 1 of its 4 similar companies. Its P/E is higher than 0 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000060667). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.