Lowe's (LOW): financials, SEC filings and peers
Lowe's (LOW) is a home improvement retail company in the Consumer Discretionary sector of the S&P 500, headquartered in Mooresville, North Carolina.
It was founded in 1904 and joined the S&P 500 on February 29, 1984.
Its fiscal year ends in January, and its shares trade on the NYSE.
In its SEC filings it is classified as “Retail-Lumber & Other Building Materials Dealers”.
Lowe's at a glance
- Revenue (12 months)
- $90.4B
- Revenue growth
- +8.2%
- Operating margin
- 11.4%
- Net income (12 months)
- $6.6B
- Free cash flow (12 months)
- $7.0B
- Cash
- $3.2B
- Debt
- $37.9B
- Diluted EPS (12 months)
- $11.83
Twelve months to July 31, 2026, from the 10-Q filed August 27, 2026.
Latest twelve months
Over the twelve months to July 31, 2026, Lowe's reported revenue of $90.4 billion, up 8.2% from a year earlier.
Its operating margin was 11.4%: for every $100 of sales, about $11 was left as operating profit.
Net income was $6.6 billion (7.3% of revenue), 3.1% lower than a year earlier.
Operating cash flow was $9.3 billion and capital spending $2.3 billion, leaving free cash flow of $7.0 billion (7.7% of revenue).
At the end of the period it held $3.2 billion in cash and $37.9 billion in debt, a net debt position of $34.8 billion.
Five-year trend
- Revenue went from $89.6 billion in fiscal 2021 to $86.3 billion in fiscal 2026, a decline of about 0.8% a year.
- Operating margin has been steady, around 11.8%.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $96.3B | $97.1B | $86.4B | $83.7B | $86.3B |
| Revenue growth | 7.4% | 0.8% | -11.0% | -3.1% | 3.1% |
| Operating margin | 12.6% | 10.5% | 13.4% | 12.5% | 11.8% |
| Net income | $8.4B | $6.4B | $7.7B | $7.0B | $6.7B |
| Free cash flow | $8.3B | $6.8B | $6.2B | $7.7B | $7.7B |
| Diluted EPS | $12.04 | $10.17 | $13.20 | $12.23 | $11.85 |
Fiscal years as reported in Lowe's’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 2, 2026 — Executive or director change
- 10-Q filed August 27, 2026 — quarterly report
- 8-K filed August 19, 2026 — Earnings results
- 8-K filed June 2, 2026 — Shareholder vote results
- 10-Q filed May 28, 2026 — quarterly report
- 8-K filed May 20, 2026 — Earnings results
- 10-K filed March 23, 2026 — annual report
- 8-K filed February 25, 2026 — Earnings results
Companies like Lowe's
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Questions about Lowe's
Is Lowe's's revenue growing?
Yes. Revenue for the twelve months to July 31, 2026 was $90.4 billion, up 8.2% from a year earlier, according to its SEC filings.
Is Lowe's profitable?
Yes. It earned $6.6 billion in net income over the twelve months to July 31, 2026, a net margin of 7.3%.
Does Lowe's have more cash or more debt?
At July 31, 2026 it had $3.2 billion in cash and $37.9 billion in debt, so more debt than cash.
When did Lowe's last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 27, 2026.
Which companies are similar to Lowe's?
In the S&P 500, Lowe's is grouped in Home Improvement Retail within the Consumer Discretionary sector. Home Depot (The) (HD) are in the same group.
Understand the numbers
Source: Lowe's’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.