Lowe's

OverviewSuggest Edit

Lowe's Companies is a retailer of products for home construction, maintenance, repair, remodeling, and decorating. It offers home improvement products across a range of categories, including lumber and building materials, appliances, seasonal and outdoor living, tools and hardware, fashion fixtures, rough plumbing and electrical, paint, millwork, lawn and garden, flooring, and kitchens. The company operates in-store, online, on-site, and through contact centers.
TypePublic
Founded1921
HQMooresville, NC, US
Websitecorporate.lowes.com
Employee Ratings3.4
Overall CultureC

Latest Updates

Employees (est.) (Jan 2022)200,000(-9%)
Job Openings12,595
Revenue (FY, 2021)$96.3 B(+8%)
Share Price (Aug 2022)$197.2
Cybersecurity ratingBMore
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Key People/Management at Lowe's

Marvin R. Ellison

Marvin R. Ellison

Chairman, President and Chief Executive Officer
Bryan G. Audiss

Bryan G. Audiss

Division President, North Division
Joel O. Cogdell

Joel O. Cogdell

Division President, South Division
Fred L. Stokes

Fred L. Stokes

Division President
Jeff R. Vining

Jeff R. Vining

Senior Vice President, Deputy General Counsel and Chief Compliance Officer
Seemantini Godbole

Seemantini Godbole

Executive Vice President, Chief Information Officer
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Lowe's Office Locations

Lowe's has offices in Mooresville and Boucherville
Mooresville, NC, US (HQ)
1000 Lowes Blvd
Boucherville, CA
220 Chemin du Tremblay
Show all (2)

Lowe's Financials and Metrics

Lowe's Revenue

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View revenue for all periods
Lowe's's revenue was reported to be $96.25 b in FY, 2021 which is a 7.4% increase from the previous period.
USD

Revenue (Q1, 2022)

23.7b

Gross profit (Q1, 2022)

8.1b

Gross profit margin (Q1, 2022), %

34%

Net income (Q1, 2022)

2.3b

EBIT (Q1, 2022)

3.3b

Market capitalization (4-Aug-2022)

124.9b

Closing stock price (4-Aug-2022)

197.2

Cash (29-Apr-2022)

3.4b

EV

155.1b
Lowe's's current market capitalization is $124.9 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

72.1b89.6b96.3b

Revenue growth, %

1%24%7%

Cost of goods sold

49.2b60.0b64.2b

Gross profit

22.9b29.6b32.1b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

19.7b27.3b22.3b24.4b27.6b22.9b23.7b

Cost of goods sold

13.2b18.0b15.0b16.3b18.3b15.3b15.6b

Gross profit

6.5b9.3b7.3b8.1b9.3b7.6b8.1b

Gross profit Margin, %

33%34%33%33%34%33%34%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

716.0m4.7b1.1b

Inventories

13.2b16.2b17.6b

Current Assets

15.3b22.3b20.1b

PP&E

18.7b19.2b19.1b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

6.0b11.6b8.2b6.7b4.8b6.1b3.4b

Inventories

14.3b13.8b15.7b18.4b17.3b16.7b20.2b

Current Assets

21.9b27.7b26.9b26.8b25.1b24.8b25.6b

PP&E

18.5b18.6b18.7b19.1b19.0b18.9b18.9b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

4.3b5.8b8.4b

Depreciation and Amortization

1.4b1.6b1.9b

Inventories

(600.0m)(3.0b)(1.4b)

Accounts Payable

(637.0m)3.2b466.0m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

1.3b4.2b4.9b2.3b5.3b7.2b2.3b

Depreciation and Amortization

373.0m747.0m1.2b443.0m907.0m1.4b503.0m

Inventories

(1.2b)(674.0m)(2.5b)(2.1b)(1.1b)(446.0m)(2.6b)

Accounts Payable

3.2b5.3b5.1b3.1b1.1b436.0m2.5b
USDFY, 2020

EV/EBIT

17.8 x

EV/CFO

26.1 x

EV/FCF

39.9 x

Revenue/Employee

288.6k

Debt/Equity

12 x

Debt/Assets

0.6 x

Financial Leverage

20 x

P/E Ratio

21.2
Show all financial metrics

Lowe's Operating Metrics

Lowe's's Stores was reported to be 2 k in Q1, 2022.
FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Stores

1.98 k1.97 k1.97 k1.97 k1.97 k1.97 k1.97 k1.97 k1.97 k1.97 k

Floor Space, square feet

208 m208 m208 m208 m208 m208 m208 m208 m208 m208 m

Customer Transactions

921 m233 m330 m257 m1.05 b261 m287 m237 m1 b226 m

Average Ticket

$78.36$84.38$82.79$86.96$85.67$93.74$95.97$96.54$96.09$104.52

Lowe's Acquisitions / Subsidiaries

Company NameDateDeal Size
StainMasterMay 01, 2021$134 m
Boomerang CommerceMay 20, 2019
Retail Analytics platform of Boomerang CommerceMay 20, 2019
Maintenance Supply HeadquartersJune 26, 2017
RONAMay 20, 2016$2.4 b
Atlas Pipeline Partners, L.P.February 27, 2015
Orchard Supply HardwareJune 17, 2013
ATGJanuary 11, 2012
Lowe’s Companies Canada ULC
Lowe’s Home Centers, LLC
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Lowe's Revenue Breakdown

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Lowe's revenue breakdown by business segment: 32.4% from Building Products, 29.7% from Hardlines, 35.4% from Home Décor and 2.6% from Other

Lowe's revenue breakdown by geographic segment: 6.1% from International and 93.9% from United States

Lowe's Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Lowe's Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Lowe's Online and Social Media Presence

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Lowe's Company Culture

  • Overall Culture

    C

    64/100

  • CEO Rating

    D

    61/100

  • Compensation

    C+

    64/100

  • Diversity

    C

    63/100

Learn more on Comparably

Lowe's News and Updates

Lowe's Launches First-ever "Into The Blue

Lowe's today announced "Into the Blue: Lowe's Product Pitch Event," the home improvement retailer's largest and most impactful product sourcing forum to date. Entrepreneurs and businesses of all sizes can apply for a chance to participate in this first-ever live event, during which Lowe's plans to i…

Lowe's Releases 2021 Corporate Responsibility Report

Lowe's published its 2021 Corporate Responsibility report today, detailing the company's goals and progress in three key areas: people and communities, product sustainability and operational excellence. This year's report, the company's 19th, reiterates Lowe's commitment to being a responsible corpo…

Lowe's to Participate in Virtual Fireside Chat Hosted by Oppenheimer & Co. Inc.

MOORESVILLE, N.C., June 14, 2022 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R. Ellison, chairman and chief executive officer, and Brandon J. Sink, chief financial officer, will participate in a virtual fireside chat hosted by Oppenheimer & Co. Inc. What:...

Lowe's Reports First Quarter 2022 Sales and Earnings Results

Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $2.3 billion, in line with prior-year results, and diluted earnings per share (EPS) of $3.51 for the quarter ended April 29, 2022, compared to diluted EPS of $3.21 in the first quarter of 2021.

Taiwanese Vendor Brings Recycled Paper Products To Lowe’s

Inspiration can strike anywhere. For Jimmy Chiang, the big moment came, well… in the bathroom.
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Lowe's Blogs

1552023479255539712

1552023479255539712 inv.adminuser Jul 26 2022 Special shout-out to our @Lowes associates who partnered with the @the_USO today to make 8,000 care packages for deployed service members! ⭐️ #LowesMilitary #LowesLife https://t.co/fQAx5j5jyv Post date Jul 26 20…

1551553321852407808

1551553321852407808 inv.adminuser Jul 26 2022 26,000+ military community members have joined our ranks. Lowe’s is here to help military service members transition to civilian life. Our doors are open for your next professional journey at https://t.co/BZjufTDL1u #NationalHireAVeteranDa…

1551682196515307522

1551682196515307522 inv.adminuser Jul 26 2022 Congratulations to Christine for selling 10K in flooring today! ⚒️ #LowesLife #LowesCareers https://t.co/bvBod19K9f Post date Jul 25 2022 Post id 1551682196515307522 …

1551956773262745602

1551956773262745602 inv.adminuser Jul 26 2022 Lowe's is inviting entrepreneurs and businesses of all sizes nationwide and internationally to enter our first-ever Into the Blue: Lowe’s Product Pitch. Now is your chance to get your product sold at @Lowes. Applications are now open through…

1550123219717201920

1550123219717201920 inv.adminuser Jul 26 2022 Looking for a new job. Let us know what kind of role you're seeking. ⬇️💻 Look through Lowe's openings by texting lowesjobs to 37000 or at https://t.co/SrHnZZhprU #NowHiring #RemoteJobs #LowesCareers Post date …

1550511031285334016

1550511031285334016 inv.adminuser Jul 26 2022 Happy MST Appreciation Week to all of our MST associates who go above and beyond to display SMART customer service! 💙 You are appreciated. #LowesLife #LowesCareers https://t.co/6qq8eneVC4 Post date Jul 22 2022 …
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Lowe's Frequently Asked Questions

  • When was Lowe's founded?

    Lowe's was founded in 1921.

  • Who are Lowe's key executives?

    Lowe's's key executives are Marvin R. Ellison, Bryan G. Audiss and Joel O. Cogdell.

  • How many employees does Lowe's have?

    Lowe's has 200,000 employees.

  • What is Lowe's revenue?

    Latest Lowe's annual revenue is $96.3 b.

  • What is Lowe's revenue per employee?

    Latest Lowe's revenue per employee is $481.3 k.

  • Who are Lowe's competitors?

    Competitors of Lowe's include The Home Depot, Target and Costco.

  • Where is Lowe's headquarters?

    Lowe's headquarters is located at 1000 Lowes Blvd, Mooresville.

  • Where are Lowe's offices?

    Lowe's has offices in Mooresville and Boucherville.

  • How many offices does Lowe's have?

    Lowe's has 2 offices.