Lowe's (LOW) stock
Consumer Discretionary · Home Improvement Retail
Lowe's (LOW) is a Home Improvement Retail company in the Consumer Discretionary sector, headquartered in Mooresville, North Carolina. As of October 23, 2026, LOW closed at $198.68, a market capitalization of $111.47 billion, the 111th largest company in the S&P 500. Over the last twelve months it generated $90.43 billion in revenue (+8% year over year) and $7.00 billion in free cash flow. The stock trades at 16.8x trailing earnings and 15.3x forward earnings.
- 1-year total return: -16.7% (dividends reinvested)
- 5-year return: -0.8% a year
- 52-week range: $178.45 – $293.06
- Gross margin 33.0%, operating margin 13.4%
- Dividend yield: 2.52%, 40 straight years of increases
- FI Handbook report card: C+ across 9 metrics
- 8th largest of 47 Consumer Discretionary stocks in the S&P 500
LOW price chart
1Y price change: -18.5% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| LOW | +4.5% | -15.8% | -16.7% | +4.1% | -0.8% | +13.0% | +15.3% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.
LOW key statistics
- Market cap
- $111.5B
- #111 in S&P 500
- P/E (TTM)
- 16.8x
- Forward P/E
- 15.3x
- EPS (TTM)
- $11.83
- Revenue (TTM)
- $90.4B
- +8%
- Free cash flow
- $7.0B
- Gross margin
- 33.0%
- Operating margin
- 13.4%
- Return on equity
- —
- Dividend yield
- 2.52%
- 52-week range
- $178.45 – $293.06
- Beta
- 0.88
- Price / sales
- 1.2x
- EV / EBITDA
- 11.8x
- Debt / equity
- —
- Employees
- 300,000
LOW report card
C+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth8.3%C
- Gross margin33.0%C
- Operating margin13.4%C
- FCF margin7.7%D
- Return on equity——
- Net debt / EBITDA3.1xD
- Forward P/E15.3xB
- PEG ratio1.3xB
- Shareholder yield2.7%C
- Share count change / yr-5.7%A
Lowe's Companies financials
Revenue went from $65.0B in fiscal 2017 to $86.3B in fiscal 2026, growing 3.2% a year.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65.0B | $68.6B | $71.3B | $72.1B | $89.6B | $96.3B | $97.1B | $86.4B | $83.7B | $86.3B |
| Gross profit | $21.7B | $22.4B | $22.9B | $22.9B | $29.6B | $32.1B | $32.3B | $28.8B | $27.9B | $28.9B |
| Operating income | $5.8B | $6.6B | $4.0B | $6.3B | $9.6B | $12.1B | $10.2B | $11.6B | $10.5B | $10.2B |
| Net income | $3.1B | $3.4B | $2.3B | $4.3B | $5.8B | $8.4B | $6.4B | $7.7B | $7.0B | $6.7B |
| EPS (diluted) | $3.47 | $4.09 | $2.84 | $5.49 | $7.75 | $12.04 | $10.17 | $13.20 | $12.23 | $11.85 |
| Free cash flow | $4.5B | $3.9B | $5.0B | $2.8B | $9.3B | $8.3B | $6.8B | $6.2B | $7.7B | $7.7B |
| Buybacks | $3.6B | $3.2B | $3.0B | $4.3B | $5.0B | $13.0B | $14.1B | $6.1B | $4.1B | $211.0M |
| Dividends paid | $1.1B | $1.3B | $1.5B | $1.6B | $1.7B | $2.0B | $2.4B | $2.5B | $2.6B | $2.6B |
| Diluted shares | 881.0M | 840.0M | 812.0M | 778.0M | 750.0M | 699.0M | 631.0M | 584.0M | 568.0M | 560.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into LOW?
A reverse DCF asks what growth the current price requires. With an enterprise value of $150.3B and $7.0B of trailing free cash flow, Lowe's Companies needs to grow free cash flow about 12.3% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew -3.7% a year over the last five years.
P/E ratio history
Current 16.8x vs. median 22.3x (10th–90th percentile 14.7x–30.1x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
LOW dividend
- Dividend yield
- 2.52%
- Annual dividend
- $5.00
- Years of increases
- 40
- 5-yr dividend growth
- 15.9%
- per year
- Payout ratio
- 41%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
LOW earnings
Next report: November 18, 2026. Lowe's Companies has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $26.0B (+8% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 19, 2026 | $4.22 | $4.40 | +4.2% |
| May 20, 2026 | $2.97 | $3.03 | +2.1% |
| Feb 25, 2026 | $1.94 | $1.98 | +1.9% |
| Nov 19, 2025 | $2.95 | $3.06 | +3.6% |
| Aug 20, 2025 | $4.24 | $4.33 | +2.2% |
| May 21, 2025 | $2.88 | $2.92 | +1.4% |
| Feb 26, 2025 | $1.84 | $1.93 | +4.8% |
| Nov 19, 2024 | $2.81 | $2.89 | +2.8% |
Stocks like LOW
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|---|---|---|---|---|---|
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LOW news
- What Does The Market Want From Lowe's Stock? · Oct 22, 2026
- Lowe's Companies (LOW) Leans On Pro Expansion As Undervalued Case Holds · Oct 20, 2026
- Lowe's (LOW) Beats Stock Market Upswing: What Investors Need to Know · Oct 20, 2026
- How Bad Would Shrinking Store Sales Be For Lowe's Stock? · Oct 20, 2026
- Spreetail Recognized by Walmart, TikTok Shop and Lowe’s for Marketplace Fulfillment Performance · Oct 20, 2026
LOW stock FAQ
What is LOW's market cap?
Lowe's's market capitalization is $111.47 billion as of October 23, 2026, ranking 111th in the S&P 500.
What is LOW's P/E ratio?
LOW trades at a trailing price-to-earnings ratio of 16.8x and a forward P/E of 15.3x. Its median P/E over the period we track is 22.3x.
Does LOW pay a dividend?
Yes. Lowe's pays $5.00 per share a year, a 2.52% yield. It has raised its dividend 40 years in a row. Dividends grew 15.9% a year over the last five years.
How much has LOW stock returned?
Including reinvested dividends, LOW returned -16.7% over one year, -0.8% a year over five years, +13.0% a year over ten years through October 23, 2026.
Is LOW stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Lowe's must grow free cash flow about 12% a year for the next decade. Its free cash flow fell 4% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does LOW report earnings?
Lowe's is expected to report earnings on November 18, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Lowe's have?
Lowe's has about 300,000 full-time employees, or $301,440 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology