Business Segments · Employee compensation and benefits

Reportable Segment — Employee compensation and benefits

Lowe's Companies Reportable Segment — Employee compensation and benefits increased by 3237.5% to 13.4% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from 13.4% to 13.4%. Over 2 years (FY 2023 to FY 2025), Reportable Segment — Employee compensation and benefits shows an upward trend with a 76.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026May 28, 2026

How to read this metric

An increase relative to sales may indicate rising labor costs or investments in service quality, while a decrease may suggest improved labor productivity.

Detailed definition

Includes all wages, salaries, bonuses, and benefit-related expenses for personnel directly supporting the segment's oper...

Peer comparison

Standard operating expense category for retail peers, reflecting labor market conditions and operational staffing levels.

Metric ID: low_segment_reportable_segment_employee_compensation_and_benefits

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value3.1%3.1%3.1%3.1%13.1%11.7%13.1%0.3%13.4%11.8%13.5%0.4%13.4%
QoQ Change+0.0%+0.0%+0.0%+319.2%-10.5%+11.3%-97.3%>999%-12.0%+13.8%-97.0%>999%
YoY Change+319.2%+275.4%+317.9%-88.8%+2.6%+0.9%+3.1%+14.3%-0.7%
Range0.3%13.5%
CAGR+62.3%
Avg YoY Growth+93.8%
Median YoY Growth+3.1%

Frequently Asked Questions

What is Lowe's Companies's reportable segment — employee compensation and benefits?
Lowe's Companies (LOW) reported reportable segment — employee compensation and benefits of 13.4% in Q1 2026.
How has Lowe's Companies's reportable segment — employee compensation and benefits changed year-over-year?
Lowe's Companies's reportable segment — employee compensation and benefits decreased by 0.7% year-over-year, from 13.4% to 13.4%.
What is the long-term trend for Lowe's Companies's reportable segment — employee compensation and benefits?
Over 2 years (2023 to 2025), Lowe's Companies's reportable segment — employee compensation and benefits has grown at a 76.9% compound annual growth rate (CAGR), from 12.5% to 39.1%.
What does reportable segment — employee compensation and benefits mean?
Total spending on employee wages and benefits within the segment.