FirmAtlas
Company handbook · LOW · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
LOW · CIK 60667 · LATEST FILING: 10-Q JUL '26 · FILED AUG 27, 2026
LOWE’S COMPANIES, INC
$197.38
+1.66 (+0.85%)
Close, Oct 16, 2026 · 52-week $178–293
Last fiscal year
LOWE’S COMPANIES, INC reported revenue of $86.3B for the year ended Jan 30, 2026 (FY25), up 3.1% from FY24. Net income was $6.7B, operating cash flow $9.9B and free cash flow $7.7B. Source: 10-K filed Mar 23, 2026.
Market cap
$110.7B
P/E
16.7
EV/EBITDA
11.9x
P/B
n/m
Div yield
2.46%
ROIC
36.1%
Revenue 1Y
3.1%/yr
EPS 1Y
−3.1%/yr
Shares 1Y
+0.2%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOMarvin R. Ellison
HQMooresville, NC
AuditorDeloitte & Touche LLP
Employees276,000
Year endsJanuary
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
10.7%
−2.1%
−0.1%
−18.8%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$23.7B deployed
Capex
$4.1B
17.5%
Acquisitions
$10.1B
42.6%
Dividends
$5.2B
22.0%
Buybacks
$4.3B
18.0%
Operating cash flow over the period: $19.5B. Total debt changed by +$4.6B.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Jan 30, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jul '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
83,674
86,286+3.1%
90,431
YoY
+3.1%
Gross profit
27,877
28,885+3.6%
29,918
Gross margin
33.3%
33.5%+0.2 pp
—
Operating income
10,466
10,153−3.0%
10,293
Operating margin
12.5%
11.8%−0.7 pp
—
EBITDA
12,438
12,347−0.7%
—
EBITDA margin
14.9%
14.3%−0.6 pp
—
Interest expense
1,475
1,489+0.9%
—
Interest coverage
8.43x
8.29x−0.14x
—
Net income
6,957
6,654−4.4%
6,642
YoY
−4.4%
Net margin
8.3%
7.7%−0.6 pp
—
EPS (diluted, $)
12.23
11.85−3.1%
11.83
YoY
−3.1%
Balance sheet
Total assets
43,102
54,144+25.6%
55,881
Cash & short-term investments
2,133
1,352−36.6%
—
Accounts receivable
94
1,090+1059.6%
—
Inventory
17,409
17,300−0.6%
—
Net PP&E
17,649
18,362+4.0%
—
Other assets
5,817
16,040+175.7%
—
Total liabilities
57,333
64,061+11.7%
63,318
Accounts payable
9,290
9,762+5.1%
—
Total debt
32,901
37,490+13.9%
35,204
Other liabilities
15,142
16,809+11.0%
—
Shareholders’ equity
(14,231)
(9,917)n/m
(7,437)
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
9,625
9,864+2.5%
9,263
Net income
6,957
6,654−4.4%
—
Depreciation & amortization
1,972
2,194+11.3%
—
Stock-based compensation
221
247+11.8%
—
Working capital & other
475
769+61.9%
—
Cash from investing
(1,738)
(12,264)n/m
—
Capex
(1,927)
(2,213)n/m
—
PP&E sold
105
82−21.9%
—
Acquisitions
0
(10,088)n/m
—
Investments bought
(1,286)
(1,693)n/m
—
Investments sold / matured
1,204
1,658+37.7%
—
Other investing
166
(10)−106.0%
—
Cash from financing
(7,047)
1,621n/m
—
Debt raised
0
6,974n/m
—
Debt repaid
(545)
(2,587)n/m
—
Dividends
(2,566)
(2,636)n/m
—
Buybacks
(4,053)
(211)n/m
—
Other financing
117
81−30.8%
—
Net change in cash
840
(779)−192.7%
—
Free cash flow (OCF − capex)
7,698
7,651−0.6%
7,000
Where the cash went
Operating cash flow
9,625
9,864+2.5%
9,263
Reinvested in the business
1,927
12,301+538.3%
—
% of operating cash flow
20.0%
124.7%
Capex
1,927
2,213+14.8%
2,263
Acquisitions
0
10,088n/m
—
Free cash flow
7,698
7,651−0.6%
7,000
YoY
−0.6%
Returned to shareholders
6,619
2,847−57.0%
—
% of free cash flow
86.0%
37.2%
Dividends
2,566
2,636+2.7%
—
Buybacks
4,053
211−94.8%
—
Change in total debt
—
4,589
—
Cash left over
—
(695)
—
FCF conversion (FCF ÷ net income)
110.7%
115.0%+4.3 pp
—
Owner earnings
—
6,220
—
Owner earnings margin
—
7.2%
—
Buyback yield
2.8%
0.1%−2.6 pp
—
Returns & ratios
ROIC (all capital)
48.1%
36.1%−12.0 pp
—
ROIC (operating)
30.8%
29.2%−1.5 pp
—
Net debt / EBITDA
2.47x
2.93x+0.45x
—
Cash conversion cycle (days)
54
53−1 d
—
ROE
−48.9%
−67.1%−18.2 pp
—
ROA
16.1%
12.3%−3.9 pp
—
ROCE
43.0%
29.3%−13.7 pp
—
NOPAT
7,955
7,724−2.9%
—
Invested capital (operating)
25,862
26,990+4.4%
—
Invested capital (all)
16,537
26,221+58.6%
—
Reinvestment rate
—
14.6%
—
Debtor days
0
5+4 d
—
Inventory days
114
110−4 d
—
Days payable
61
62+1 d
—
Income
Oct '25
Jan '26
May '26
Jul '26
Revenue
20,813
20,584
23,078
25,956
vs year-ago quarter
Gross profit
7,116
6,682
7,543
8,577
Gross margin
34.2%
32.5%
32.7%
33.0%
Operating income
2,481
1,709
2,554
3,549
Net income
1,616
999
1,628
2,399
vs year-ago quarter
Net margin
7.8%
4.9%
7.1%
9.2%
EPS (diluted, $)
2.88
1.78
2.90
4.27
vs year-ago quarter
Balance sheet
Oct '25
Jan '26
May '26
Jul '26
Total assets
53,453
54,144
54,941
55,881
Cash & equivalents
621
1,352
786
3,172
Total debt
37,498
37,490
36,751
35,204
Shareholders’ equity
(10,382)
(9,917)
(9,270)
(7,437)
Cash flow
Oct '25
Jan '26
May '26
Jul '26
Operating cash flow
687
1,567
3,350
3,659
Capex
597
603
521
542
Free cash flow
90
964
2,829
3,117
vs year-ago quarter