Operating Income
Operating Income
Lowe's Companies Operating Income decreased by 31.1% to $1.71B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.6%, from $1.83B to $1.71B. Over 4 years (FY 2022 to FY 2026), Operating Income shows a downward trend with a -4.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Growth in operating income suggests that the core business is becoming more profitable and efficient.
Detailed definition
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
Peer comparison
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
Metric ID:
operating_incomeHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.25B | $4.21B | $2.79B | $1.85B | $3.30B | $4.23B | $924.00M | $1.70B | $3.29B | $3.89B | $2.70B | $1.69B | $2.65B | $3.45B | $2.54B | $1.83B | $2.49B | $3.47B | $2.48B | $1.71B |
| QoQ Change | — | +29.7% | -33.8% | -33.7% | +78.6% | +28.1% | -78.2% | +84.4% | +93.0% | +18.2% | -30.6% | -37.4% | +57.3% | +29.9% | -26.4% | -27.8% | +36.3% | +39.1% | -28.5% | -31.1% |
| YoY Change | — | — | — | — | +1.8% | +0.5% | -66.9% | -7.8% | -0.4% | -8.1% | +191.8% | -1.0% | -19.3% | -11.3% | -5.9% | +8.5% | -6.0% | +0.6% | -2.2% | -6.6% |
Range$924.00M – $4.23B
CAGR-12.6%
Avg YoY Growth+4.2%
Median YoY Growth-4.1%
Current Streak2 quarters decline
Business Segments
Operating Income at Other Companies
Frequently Asked Questions
- What is Lowe's Companies's operating income?
- Lowe's Companies (LOW) reported operating income of $1.71B in Q4 2025.
- How has Lowe's Companies's operating income changed year-over-year?
- Lowe's Companies's operating income decreased by 6.6% year-over-year, from $1.83B to $1.71B.
- What is the long-term trend for Lowe's Companies's operating income?
- Over 4 years (2022 to 2026), Lowe's Companies's operating income has grown at a -4.3% compound annual growth rate (CAGR), from $12.09B to $10.15B.
- What does operating income mean?
- The profit earned from core business activities, before accounting for interest and taxes.