Lowes Companies Inc (LOW) stock
LOWNYSERetail-Lumber & Other Building Materials DealersFiscal year ends January 31
Financials through Q2 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Aug 27, 2026Score 11/3015% above fair value
$227.46−4.14 (-1.79%)
Close on Nov 12, 2026Market cap $127.62BP/E 19.2Yield 2.09%
Lowes Companies operating margin
Operating margin is operating income as a percentage of revenue.
Lowes Companies's operating margin for the twelve months ending Jul 31, 2026 was 11.4%. For fiscal 2025 it was 11.8%, against 12.5% the year before. The highest annual figure on record is 13.4% in fiscal 2023.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Jan 30, 2026 | 11.8% | −0.7 |
| FY2024 | Jan 31, 2025 | 12.5% | −0.9 |
| FY2023 | Feb 2, 2024 | 13.4% | +2.9 |
| FY2022 | Feb 3, 2023 | 10.5% | −2.1 |
| FY2021 | Jan 28, 2022 | 12.6% | +1.8 |
| FY2020 | Jan 29, 2021 | 10.8% | +2.0 |
| FY2019 | Jan 31, 2020 | 8.8% | +3.1 |
| FY2018 | Feb 1, 2019 | 5.6% | −4.0 |
| FY2017 | Feb 2, 2018 | 9.6% | +0.6 |
| FY2016 | Feb 3, 2017 | 9.0% | +0.6 |
| FY2015 | Jan 29, 2016 | 8.4% | −0.1 |
| FY2014 | Jan 30, 2015 | 8.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026CQ2 2026 | Jul 31, 2026 | 13.7% | −0.8 |
| Q1 FY2026CQ1 2026 | May 1, 2026 | 11.1% | −0.8 |
| Q4 FY2025CQ4 2025 | Jan 30, 2026 | 8.3% | −1.6 |
| Q3 FY2025CQ3 2025 | Oct 31, 2025 | 11.9% | −0.7 |
| Q2 FY2025CQ2 2025 | Aug 1, 2025 | 14.5% | −0.1 |
| Q1 FY2025CQ1 2025 | May 2, 2025 | 11.9% | −0.5 |
| Q4 FY2024CQ4 2024 | Jan 31, 2025 | 9.9% | +0.8 |
| Q3 FY2024CQ3 2024 | Nov 1, 2024 | 12.6% | −0.6 |
| Q2 FY2024CQ2 2024 | Aug 2, 2024 | 14.6% | −1.0 |
| Q1 FY2024CQ1 2024 | May 3, 2024 | 12.4% | −2.3 |
| Q4 FY2023CQ4 2023 | Feb 2, 2024 | 9.1% | +1.5 |
| Q3 FY2023CQ3 2023 | Nov 3, 2023 | 13.2% | +9.2 |
| Q2 FY2023CQ2 2023 | Aug 4, 2023 | 15.6% | +0.2 |
| Q1 FY2023CQ1 2023 | May 5, 2023 | 14.7% | +0.8 |
| Q4 FY2022CQ4 2022 | Feb 3, 2023 | 7.6% | −1.1 |
| Q3 FY2022CQ3 2022 | Oct 28, 2022 | 3.9% | −8.2 |
| Q2 FY2022CQ2 2022 | Jul 29, 2022 | 15.4% | +0.1 |
| Q1 FY2022CQ1 2022 | Apr 29, 2022 | 14.0% | +0.7 |
| Q4 FY2021CQ4 2021 | Jan 28, 2022 | 8.7% | +1.2 |
| Q3 FY2021CQ3 2021 | Oct 29, 2021 | 12.2% | +2.4 |
| Q2 FY2021CQ2 2021 | Jul 30, 2021 | 15.3% | +0.8 |
| Q1 FY2021CQ1 2021 | Apr 30, 2021 | 13.3% | +3.2 |
| Q4 FY2020CQ4 2020 | Jan 29, 2021 | 7.5% | +1.5 |
| Q3 FY2020CQ3 2020 | Oct 30, 2020 | 9.7% | +0.8 |
| Q2 FY2020CQ2 2020 | Jul 31, 2020 | 14.5% | +3.2 |
| Q1 FY2020CQ1 2020 | May 1, 2020 | 10.1% | +2.1 |
| Q4 FY2019CQ4 2019 | Jan 31, 2020 | 6.0% | +9.6 |
| Q3 FY2019CQ3 2019 | Nov 1, 2019 | 9.0% | +3.5 |
| Q2 FY2019CQ2 2019 | Aug 2, 2019 | 11.3% | +1.0 |
| Q1 FY2019CQ1 2019 | May 3, 2019 | 8.0% | −0.5 |
| Q4 FY2018CQ4 2018 | Feb 1, 2019 | -3.6% | −10.7 |
| Q3 FY2018CQ3 2018 | Nov 2, 2018 | 5.5% | −3.7 |
| Q2 FY2018CQ2 2018 | Aug 3, 2018 | 10.4% | −1.9 |
| Q1 FY2018CQ1 2018 | May 4, 2018 | 8.4% | −0.8 |
| Q4 FY2017CQ4 2017 | Feb 2, 2018 | 7.1% | −1.0 |
| Q3 FY2017CQ3 2017 | Nov 3, 2017 | 9.2% | +3.3 |
| Q2 FY2017CQ2 2017 | Aug 4, 2017 | 12.2% | – |
| Q1 FY2017CQ1 2017 | May 5, 2017 | 9.2% | – |
| Q4 FY2016CQ4 2016 | Feb 3, 2017 | 8.0% | – |
| Q3 FY2016CQ3 2016 | Oct 28, 2016 | 6.0% | – |
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