STOCK · LOW · NYSE

Lowe's Companies, Inc.

Lowe's Companies, Inc. trades under the ticker symbol LOW on the NYSE. This page brings together its live stock price, an interactive price chart, and key fundamentals like market capitalization, 52-week range, dividend yield, and the next earnings date, with plain-English context to help you understand what the numbers mean.

Loading the live price and chart for LOW…

Stock prices move on company earnings, growth expectations, interest rates, and overall market sentiment. Use the live chart and fundamentals as a starting point for your own research, never as a buy or sell signal.

Executive summary

About Lowe's Companies, Inc.

Lowe's is one of the two largest home improvement retailers in the United States, selling tools, appliances, building materials, and supplies to both do-it-yourself customers and professional contractors. The home improvement market is effectively a duopoly shared with Home Depot.

The business is tied to the housing cycle. Demand for renovation and maintenance tends to rise with home equity and turnover, and it can soften when interest rates are high and big-ticket projects get delayed.

Lowe's has spent recent years expanding its business with professional contractors, improving its supply chain, and growing online sales, while returning capital to shareholders through dividends and repurchases.

How does Lowe's Companies, Inc. make money?

Source: Lowe's SEC filings (10-K) and investor relations · Last reviewed June 2026

Financial health

Lowe's Companies, Inc. scores 60 out of 100 (grade C) across the 4 measures we can read from its filings. Its strongest measure is profitability (grade B); its weakest is growth (grade F).

Rule-based grades derived from annual figures reported to the SEC. Descriptive, not a rating of the investment.

How Lowe's's business has evolved

Lowe's grew its revenue slowly (about 3.2% a year) over the 9 years through FY2025, and profit grew even faster, so the business became more profitable as it grew. Its profit margin held roughly steady. Free cash flow grew alongside profit.

Volatile. Revenue went from $65.0B in FY2016 to $86.3B in FY2025, about 3.2% a year. The top line is still expanding, the first sign the business is still in demand.

Volatile. Profit went from $3.1B in FY2016 to $6.7B in FY2025, about 8.9% a year. The business is keeping more profit over time, not less.

gross margin went from 33.3% to 33.5% (volatile); operating margin went from 9.0% to 11.8% (volatile); net margin went from 4.8% to 7.7% (volatile). Margins have held roughly steady, so the business keeps about the same slice of each dollar.

Volatile. Free cash flow went from $4.5B in FY2016 to $7.7B in FY2025, about 6.2% a year. The profit is showing up as real cash, which is what you want to see.

Over the last 10 years the company returned about $56.6B through buybacks and $19.3B through dividends to shareholders. Whether that cash was spent well depends on the price paid for the stock, which this section does not judge. It shows the choices, not a verdict.

Derived from the annual figures this company reported to the SEC. What is described already happened; it is not a forecast.

Business quality

Can it raise prices without losing customers?

Holding. Lowe's keeps about 33.5% of every sales dollar before overhead, and that share has held roughly steady over the last 9 years.

Does it get cheaper to run as it gets bigger?

Widening. Lowe's's sales grew about 3.2% a year, and its operating margin went from 9.0% to 11.8% over the same period.

How steady are its profits, year to year?

Fairly steady. Lowe's's operating margin moved within a few points over the last 9 years (from 9.0% to 11.8%).

What protects this business from competitors?

The Investment Case describes Lowe's's competitive advantages, and the risks that could erode them.

These are the quality measures the financial statements support. Several others, such as brand strength and customer concentration, need human judgment and are not measured automatically.

How management uses cash

Historically, the company has used a mix of reinvestment, buybacks, and dividends.

Reinvestment

On average, capital spending used about 22% of operating cash flow across 10 fiscal years (FY2016-FY2025) - a moderate share of the cash the business generated went back into it.

Buybacks

Reported share repurchases in 10 of the 10 fiscal years shown, totaling about $56.6B (FY2016-FY2025). The reported share count fell about 35% from FY2016 to FY2025.

Dividends

Paid a per-share dividend in each of the 10 fiscal years shown (FY2016-FY2025). The annual per-share dividend did not decline year over year in that window, rising in 9 straight year-over-year changes into FY2025. In FY2025, dividends paid totaled about $2.6B.

Debt direction

The total debt balance rose over the window: about $14.4B in FY2016 vs about $37.5B in FY2025. This describes the balance's direction, not repayments.

Cash position

As of FY2025, held about $982M in cash and equivalents vs about $37.5B of total debt - more total debt than cash at that date.

Derived from annual figures this company reported to the SEC (EDGAR XBRL company facts). Descriptive history only: not a forecast, not a rating, not investment advice.

Understanding the risks

What has varied in Lowe's Companies, Inc.'s past filings, and what to keep an eye on. Descriptive, not a forecast and not a rating.

Financial resilience

Earnings stability

What could go wrong

Investment case

Lowe's is a scaled home improvement retailer with leverage to the housing cycle, and the long-term question is whether professional growth and durable home maintenance demand outweigh its cyclicality.

Educational analysis from public filings. This is not a recommendation to buy or sell any security.

See all our Investment Cases on Stock Watch →

Compare its behavior on the Stock Screener →

Why investors follow this company

Competitive advantages

What could go wrong

What to watch

Valuation in context

Sources: Lowe's 10-K (SEC EDGAR), Lowe's Investor Relations · Last reviewed June 2026

Concepts behind this investment case

Market Cap, Valuation, Dividend Yield

Frequently asked questions

What is the investment case for Lowe's?

Lowe's is a scaled home improvement retailer with leverage to the housing cycle, and the long-term question is whether professional growth and durable home maintenance demand outweigh its cyclicality.

Does Lowe's have an economic moat?

Scale and brand in a concentrated two-player industry support purchasing power and consistent returns on capital.

What is the bull case for Lowe's?

Expanding the professional contractor business can support steadier sales and stronger customer loyalty.

What is the bear case for Lowe's?

Results are sensitive to interest rates, home turnover, and the willingness of consumers to fund large projects.

What are the key risks for Lowe's?

Sales are sensitive to the housing cycle, interest rates, and big-ticket discretionary spending. Competition with Home Depot is direct and constant across most product categories.

How should investors think about Lowe's's valuation?

As a cyclical retailer, Lowe's tends to be assessed against where it sits in the housing cycle and its own history. Use the company's filings rather than a third-party target when weighing valuation.

What should investors watch with Lowe's?

Comparable store sales and the growth of the professional customer mix.

On this page

Learn more


Educational content only. Market data is delayed and is not financial advice. Always do your own research and consult a licensed professional before investing.