Operating Expenses

SG&A

Lowe's Companies SG&A increased by 6.0% to $4.41B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 15.4%, from $3.82B to $4.41B. Over 4 years (FY 2022 to FY 2026), SG&A shows relatively stable performance with a -2.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: selling_general_and_administrative

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$4.49B$4.69B$4.37B$4.74B$4.30B$4.46B$6.44B$5.13B$3.82B$4.09B$3.76B$3.90B$4.01B$4.03B$3.83B$3.82B$4.05B$4.18B$4.16B$4.41B
QoQ Change+4.4%-6.8%+8.4%-9.2%+3.5%+44.6%-20.4%-25.5%+6.9%-8.0%+3.7%+2.8%+0.4%-4.9%-0.2%+5.9%+3.2%-0.4%+6.0%
YoY Change-4.3%-5.1%+47.3%+8.2%-11.1%-8.3%-41.6%-24.0%+4.8%-1.5%+1.8%-2.0%+0.9%+3.7%+8.7%+15.4%
Range$3.76B$6.44B
CAGR-0.4%
Avg YoY Growth-0.4%
Median YoY Growth-0.3%

Business Segments

View all
SegmentFY'26
Reportable Segment$16.43B
Total$16.79B

All segment values are derived from annual filings.

Frequently Asked Questions

What is Lowe's Companies's sg&a?
Lowe's Companies (LOW) reported sg&a of $4.41B in Q4 2025.
How has Lowe's Companies's sg&a changed year-over-year?
Lowe's Companies's sg&a increased by 15.4% year-over-year, from $3.82B to $4.41B.
What is the long-term trend for Lowe's Companies's sg&a?
Over 4 years (2022 to 2026), Lowe's Companies's sg&a has grown at a -2.1% compound annual growth rate (CAGR), from $18.30B to $16.79B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.