Income tax provision
Lowe's Companies Income tax provision decreased by 22.2% to 2.5% in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.0%, from 2.6% to 2.5%. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in the tax provision relative to pre-tax earnings may signal a higher effective tax rate due to changes in tax legislation or geographic earnings mix, while a decrease may indicate tax benefits or credits.
Detailed definition
This metric represents the total provision for income taxes recognized by the company during the reporting period, refle...
Peer comparison
Most large-cap retailers maintain effective tax rates consistent with statutory corporate rates, though variations occur based on tax credit utilization and international operations.
other_income_tax_expense_benefit_percentHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 2.9% | 3.5% | 2.9% | 3.1% | 3.5% | 2% | 3% | 3.5% | 2.8% | 2.6% | 3.2% | 2.6% | 2.5% | 3.2% | 2.5% |
| QoQ Change | — | +21.2% | -17.2% | +4.8% | +15.3% | -42.9% | +50.5% | +15.1% | -19.1% | -9.5% | +23.8% | -18.3% | -4.6% | +27.9% | -22.2% |
| YoY Change | — | — | — | +5.1% | +0.0% | -31.1% | -1.0% | -1.1% | +40.1% | -15.8% | -9.4% | -8.5% | -3.5% | -0.3% | -5.0% |
Income tax provision at Other Companies
Frequently Asked Questions
- What is Lowe's Companies's income tax provision?
- Lowe's Companies (LOW) reported income tax provision of 2.5% in Q3 2025.
- How has Lowe's Companies's income tax provision changed year-over-year?
- Lowe's Companies's income tax provision decreased by 5.0% year-over-year, from 2.6% to 2.5%.
- What does income tax provision mean?
- The total amount of income tax expense a company expects to pay on its earnings for the period.