What is Lowe's Companies's selling general and administrative expense percent?

Lowe's Companies (LOW) reported selling general and administrative expense percent of 19.2% in Q1 2026.

What is the long-term trend for Lowe's Companies's selling general and administrative expense percent?

Over 4 years (2021 to 2025), Lowe's Companies's selling general and administrative expense percent has grown at a 0.9% compound annual growth rate (CAGR), from 55.4% to 57.4%.

Other

Selling General And Administrative Expense Percent

Lowe's Companies Selling General And Administrative Expense Percent increased by 3041.0% to 19.2% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.9%, from 19.3% to 19.2%. Over 4 years (FY 2021 to FY 2025), Selling General And Administrative Expense Percent shows relatively stable performance with a 0.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement

SectionOther

CategoryEfficiency

SignalLower is better

VolatilityStable

First reportedQ1 2015

Last reportedQ1 2026May 28, 2026

How to read this metric

A lower percentage indicates effective operational leverage and cost discipline. An increasing percentage may signal rising overhead or inefficient scaling.

Detailed definition

Selling, general, and administrative (SG&A) expenses represent the overhead costs required to operate the business, excl...

Peer comparison

Common across all industries; used to benchmark operational overhead against industry peers.

Metric ID: other_selling_general_and_administrative_expense_percent

Historical Data

21 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	Q1 '26
Value	18.4%	17%	19.1%	0.9%	18.2%	16.2%	27.5%	0.6%	17.1%	16.4%	18.4%	0.8%	18.8%	17.1%	19%	0.5%	19.3%	17.4%	20%	0.6%	19.2%
QoQ Change	—	-7.5%	+12.1%	-95.2%	>999%	-10.8%	+69.2%	-98.0%	>999%	-4.3%	+12.1%	-95.7%	>999%	-9.1%	+11.1%	-97.3%	>999%	-9.9%	+14.8%	-96.9%	>999%
YoY Change	—	—	—	—	-1.1%	-4.7%	+43.9%	-38.5%	-5.9%	+1.0%	-33.1%	+41.1%	+9.6%	+4.2%	+3.3%	-34.2%	+3.0%	+2.1%	+5.4%	+17.3%	-0.9%

Range0.5% – 27.5%

CAGR+0.8%

Avg YoY Growth+0.7%

Median YoY Growth+2.1%

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Frequently Asked Questions

What is Lowe's Companies's selling general and administrative expense percent?: Lowe's Companies (LOW) reported selling general and administrative expense percent of 19.2% in Q1 2026.
How has Lowe's Companies's selling general and administrative expense percent changed year-over-year?: Lowe's Companies's selling general and administrative expense percent decreased by 0.9% year-over-year, from 19.3% to 19.2%.
What is the long-term trend for Lowe's Companies's selling general and administrative expense percent?: Over 4 years (2021 to 2025), Lowe's Companies's selling general and administrative expense percent has grown at a 0.9% compound annual growth rate (CAGR), from 55.4% to 57.4%.
What does selling general and administrative expense percent mean?: The percentage of revenue spent on operating the business, excluding direct product costs.