Lowes Companies Inc (LOW) Financial Statements
Industry: Lumber & Other Building Materials Dealers (Retail)
In fiscal 2025, Lowes Companies reported revenue of $86.29B, up 3.1% from $83.67B the year before. Net income was $6.65B (a 7.7% net margin), or $11.85 per diluted share. Gross margin was 33.5% and operating margin was 11.8%. Operating activities generated $9.86B of cash, leaving $7.65B of free cash flow. At fiscal year end, Lowes Companies held $54.14B in total assets against $64.06B in total liabilities, including $982.0M of cash and equivalents.
Open the full interactive Lowes Companies financials → Quarterly statements, key ratios, valuation history and price charts.
Lowes Companies Key Stats
| Share Price | $188.74 |
|---|---|
| Market Cap | $105.69B |
| P/E Ratio | 15.9 |
| Revenue YoY Growth | +3.1% |
| 52-Week Range | $179.50 – $284.26 |
| Shares Outstanding | 559.0 million (basic, 2026 Q2) |
Lowes Companies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $89.60B | $96.25B | $97.06B | $86.38B | $83.67B | $86.29B |
| Cost of Goods Sold | $60.02B | $64.19B | $64.80B | $57.53B | $55.80B | $57.40B |
| Gross Profit | $29.57B | $32.06B | $32.26B | $28.84B | $27.88B | $28.89B |
| Operating Income | $9.65B | $12.09B | $10.16B | $11.56B | $10.47B | $10.15B |
| Pre-Tax Income | $7.74B | $11.21B | $9.04B | $10.18B | $9.15B | $8.75B |
| Income Tax | $1.90B | $2.77B | $2.60B | $2.45B | $2.20B | $2.09B |
| Net Income | $5.83B | $8.44B | $6.44B | $7.73B | $6.96B | $6.65B |
| Diluted EPS | $7.75 | $12.04 | $10.17 | $13.20 | $12.23 | $11.85 |
Lowes Companies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $20.81B | $20.58B | $23.08B | $25.96B |
| Net Income | $1.62B | $999.0M | $1.63B | $2.40B |
| Diluted EPS | $2.88 | $1.78 | $2.90 | $4.27 |
Lowes Companies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.69B | $1.13B | $1.35B | $921.0M | $1.76B | $982.0M |
| Current Assets | $22.33B | $20.06B | $21.44B | $19.07B | $20.36B | $20.95B |
| Total Assets | $46.73B | $44.64B | $43.71B | $41.80B | $43.10B | $54.14B |
| Current Liabilities | $18.73B | $19.67B | $19.51B | $15.57B | $18.76B | $19.46B |
| Total Long-Term Debt | $21.78B | $24.73B | $33.46B | $35.92B | $35.49B | $39.92B |
| Total Liabilities | $45.30B | $49.46B | $57.96B | $56.84B | $57.33B | $64.06B |
| Shareholders' Equity | $1.44B | -$4.82B | -$14.25B | -$15.05B | -$14.23B | -$9.92B |
Lowes Companies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $11.05B | $10.11B | $8.59B | $8.14B | $9.62B | $9.86B |
| Cash From Investing | -$1.89B | -$1.65B | -$1.31B | -$1.90B | -$1.74B | -$12.26B |
| Cash From Financing | -$5.19B | -$12.02B | -$7.05B | -$6.67B | -$7.05B | $1.62B |
| Free Cash Flow | $9.26B | $8.26B | $6.76B | $6.18B | $7.70B | $7.65B |
Figures from Lowes Companies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Lowes Companies financials page for every line item.
Lowes Companies Company Profile
| Ticker | LOW |
|---|---|
| Exchange | NYSE |
| Industry | Lumber & Other Building Materials Dealers (Retail) |
| Headquarters | Mooresville, North Carolina |
| Incorporated in | North Carolina |
| Fiscal Year End | January 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000060667 |
Frequently Asked Questions
What was Lowes Companies' revenue in fiscal 2025?
Lowes Companies (LOW) reported revenue of $86.29B for fiscal 2025.
What is Lowes Companies' annual revenue history?
Lowes Companies' annual revenue by fiscal year: 2020: $89.60B; 2021: $96.25B; 2022: $97.06B; 2023: $86.38B; 2024: $83.67B; 2025: $86.29B.
What was Lowes Companies' net income in fiscal 2025?
Lowes Companies reported net income of $6.65B for fiscal 2025.
What was Lowes Companies' earnings per share (EPS) in fiscal 2025?
Lowes Companies' diluted EPS was $11.85 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Lowes Companies generate in fiscal 2025?
Lowes Companies generated $7.65B of free cash flow in fiscal 2025.
What was Lowes Companies' revenue last quarter?
In its most recent reported quarter (2026 Q2), Lowes Companies reported revenue of $25.96B.
How much debt does Lowes Companies have?
Lowes Companies reported $39.92B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Lowes Companies are outstanding?
Lowes Companies reported a weighted average of 559.0 million basic shares outstanding in 2026 Q2.
What is Lowes Companies' market cap?
Based on its latest closing price, Lowes Companies (LOW) has a market capitalization of about $105.69B.
When does Lowes Companies' fiscal year end?
Lowes Companies' fiscal year end, as registered with the SEC, is January 31.
Where is Lowes Companies headquartered?
Lowes Companies lists its business address in Mooresville, North Carolina in its SEC filings.
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