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Lowe's Companies LOW Operating margin

Operating margin at other companies

Walmart
 logo
Walmart WMT
4.2%-0.2pp
Home Depot logo
Home DepotHD
12.4%-0.8pp
Tractor Supply Company logo
Tractor Supply CompanyTSCO
8.5%-1.2pp
Amazon logo
AmazonAMZN
12.1%+0.7pp
QXO, Inc. logo
QXO, Inc.QXO
-5.3%-2.6pp
Builders FirstSource logo
Builders FirstSourceBLDR
3%-4.7pp

Other financials

Income statement

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Revenue$23.1B+10.3%
Gross profit$7.5B+8.0%
Operating income$2.6B+2.4%
Net income$1.6B-0.8%
EPS (diluted)$2.90-0.7%

Balance sheet

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Cash & equivalents$786.0M-74.3%
Total debt$41.7B+20.0%
Total equity-$9.3B+30.1%
Total assets$54.9B+21.1%

Cash flow

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Operating cash flow$3.4B-0.9%
CapEx$521.0M+0.6%
Free cash flow$2.8B-1.1%

Valuation

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Market cap$116.52B-11.1%
Enterprise value$157.46B-4.7%
P/E17.5×-1.6×
P/S1.3×-0.2×

Profitability

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Gross margin33.3%-0.1pp
Net margin7.5%-0.7pp
FCF margin8.6%+0.6pp

Returns & leverage

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Return on equity631.1%
Debt / equity59.3×
Current ratio1.1×+0.1×

Where this comes from

Calculated from Lowe's Companies’s reported figures.

Based on trailing twelve months.

The source filing: Lowe's Companies’s 10-Q, filed May 28, 2026. Open the filing →

Filed
May 28, 2026, 4:49 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000060667-26-000072

FAQ

What is Lowe's Companies's operating margin?
Lowe's Companies (LOW) reported operating margin of 11.5% in Q1 2026.
How has Lowe's Companies's operating margin changed year-over-year?
Lowe's Companies's operating margin decreased by 6.7% year-over-year, from 12.4% to 11.5%.
What is the long-term trend for Lowe's Companies's operating margin?
Over 5 years (2020 to 2025), Lowe's Companies's operating margin has grown at a 1.8% compound annual growth rate (CAGR), from 10.8% to 11.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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