From its start as a small-town hardware store in North Carolina in 1946, Lowe’s has grown to become the nation’s second largest home improvement retailer. Today, Lowe’s is the 8th largest retailer in the United States with more than 2,355 retail locations and over 285,000 employees. In 2010, Lowe’s opened locations in both Canada and Mexico, giving Lowe’s its first international presence.

And although Lowe’s has changed over the years, our commitment to offer quality products at the lowest prices with exceptional customer service – remains the same. Our continued success depends upon maintaining these traditions, Lowe’s is an active participant in the communities we serve and we offer employees an engaging workplace, competitive benefits and rewarding.

Company Growth (employees)
Type
Public
HQ
Mooresville, US
Founded
1946
Size (employees)
190,000 (est)
Website
lowes.com
Lowe's was founded in 1946 and is headquartered in Mooresville, US

Key People at Lowe's

Rick Damron

Rick Damron

COO
Paul Ramsay

Paul Ramsay

CIO
Richard Maltsbarger

Richard Maltsbarger

CDO & President
Ross McCanless

Ross McCanless

CLO & CCO
Michael McDermott

Michael McDermott

CCO
Robert Niblock

Robert Niblock

Chairman & President and CEO
Jennifer Weber

Jennifer Weber

CHRO
Marshall Croom

Marshall Croom

CRO

Lowe's Office Locations

Lowe's has offices in Mooresville, Arlington, Gilbert, Austin and in 261 other locations
Mooresville, US (HQ)
1000 Lowes Blvd
Show all (265)

Lowe's Data and Metrics

Lowe's Financial Metrics

Lowe's's revenue was reported to be $65 b in FY, 2017
USD

Net income (Q1, 2017)

602 m

Market capitalization (15-Aug-2017)

63.7 b

Cash (05-May-2017)

2 b
Lowe's's current market capitalization is $63.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2017

Revenue

53.4 b56.2 b59.1 b65 b

Revenue growth, %

5%5%

Cost of goods sold

34.9 b36.7 b38.5 b42.6 b

Gross profit

18.5 b19.6 b20.6 b22.5 b

Gross profit Margin, %

35%35%35%35%

General and administrative expense

15.1 b

Operating expense total

14.8 b15.3 b16.2 b15.1 b

EBIT

5.8 b

EBIT margin, %

9%

Income tax expense

1.4 b1.6 b1.9 b2.1 b

Net Income

2.3 b2.7 b2.5 b3.1 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.7 b2.2 b673 m1.8 b2.5 b884 m2.1 b2.4 b602 m
USDFY, 2013FY, 2014FY, 2015FY, 2017

Cash

391 m466 m405 m558 m

Accounts Receivable

46.8 m

Current Assets

10.3 b10.1 b10.6 b12 b

Goodwill

1.1 b

Total Assets

32.7 b31.8 b31.3 b34.4 b

Accounts Payable

5 b5.1 b5.6 b6.7 b

Total Debt

386 m43 m510 m

Current Liabilities

8.9 b9.3 b10.5 b12 b

Total Liabilities

28 b

Retained Earnings

11.4 b9.6 b7.6 b6.2 b

Total Equity

11.9 b10 b7.7 b6.4 b

Debt to Equity Ratio

0 x0 x0.1 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

2.8 x3.2 x4.1 x5.3 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

1 b1.6 b1.4 b901 m1.2 b4.6 b2 b960 m2 b

Current Assets

11.1 b12.1 b12.8 b11.4 b12.4 b16.5 b13.4 b12.7 b15.3 b

Goodwill

1.1 b1 b1.1 b

Total Assets

33.1 b34 b34.4 b32.7 b33.7 b37.2 b36.5 b35.4 b37.6 b

Accounts Payable

6.2 b6.5 b8 b7.1 b7.3 b8.8 b7.7 b7.8 b9.9 b

Current Liabilities

10 b10.8 b13 b12.1 b12.2 b14.1 b13.2 b12.6 b14.7 b

Retained Earnings

10.7 b10.3 b9.1 b8.5 b8.3 b7.1 b6.8 b6.4 b5.3 b

Total Equity

11.2 b10.7 b9.5 b8.7 b8.4 b7.2 b7 b6.7 b5.5 b

Financial Leverage

2.9 x3.2 x3.6 x3.8 x4 x5.2 x5.2 x5.3 x6.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2017

Net Income

2.3 b2.7 b2.5 b3.1 b

Depreciation and Amortization

1.5 b

Accounts Payable

291 m127 m524 m653 m

Cash From Operating Activities

4.1 b4.9 b4.8 b5.6 b

Capital Expenditures

(940 m)(880 m)(1.2 b)(1.2 b)

Cash From Investing Activities

(1.3 b)(1.1 b)(1.3 b)(3.4 b)

Short-term Borrowings

(386 m)43 m466 m

Long-term Borrowings

(47 m)(48 m)(552 m)(1.2 b)

Cash From Financing Activities

(3 b)(3.8 b)(3.5 b)(2.1 b)

Free Cash Flow

5.1 b5.8 b6 b4.5 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.7 b2.2 b673 m1.8 b2.5 b884 m2.1 b2.4 b602 m

Depreciation and Amortization

798 m1.2 b391 m791 m1.2 b383 m778 m1.2 b389 m

Accounts Payable

1.2 b1.5 b2.9 b2 b2.2 b3.2 b1.7 b1.9 b3.3 b

Cash From Operating Activities

3.9 b4.7 b2.5 b4.2 b4.5 b3.2 b4.6 b5.3 b3.3 b

Capital Expenditures

(384 m)(587 m)(232 m)(570 m)(844 m)(208 m)(490 m)(820 m)(202 m)

Cash From Investing Activities

(525 m)(887 m)(241 m)(736 m)(986 m)(349 m)(2.9 b)(3.1 b)(291 m)

Short-term Borrowings

(386 m)(386 m)(44 m)(44 m)(511 m)

Long-term Borrowings

(25 m)(36 m)(10 m)(31 m)(541 m)(484 m)(495 m)(1.1 b)(2.6 b)

Cash From Financing Activities

(2.8 b)(2.6 b)(1.3 b)(3 b)(2.8 b)1.3 b(110 m)(1.7 b)(1.6 b)

Free Cash Flow

3.5 b4.1 b2.2 b3.6 b3.7 b3 b4.1 b4.4 b3.1 b
Y, 2017

Financial Leverage

6.8 x

Lowe's Operating Metrics

Lowe's's Stores was reported to be 2.1 k in Q1, 2017
FY, 2015Q1, 2015Q2, 2015Q3, 2015FY, 2016Q1, 2016Q2, 2016Q3, 2016FY, 2017Q1, 2017

Stores (U.S.)

1.79 k1.81 k1.82 k

Stores (non-U.S.)

4752309

Products

36 k36 k37 k

Stores

1.84 k1.85 k1.85 k1.86 k2.11 k2.12 k2.14 k

Customer Transactions

212 m256 m213 m224 m265 m229 m238 m

    Lowe's Market Value History

    Lowe's Job Categories

    Lowe's Median Salaries

    Source: 244 public H-1B filings from Lowe's

    Traffic Overview of Lowe's

    Lowe's Online and Social Media Presence

    Lowe's News and Updates

    This veteran needed to work with his service dog so Lowe's hired them both

    A Lowe's hardware store in Abilene, Texas, is feeling the praise online after hiring a veteran and his service dog.  Air Force veteran Clay Luthy was having difficulty finding a job due to his service dog named Charlotte, who accompanies him at all times. But while other companies were unable to…

    Walmart, Lowe's, and Whole Foods are banking on this to compete with Amazon

    The rise of automation in the fast-food industry has made headlines in recent months, as chains such as Panera and McDonald's have heavily invested in tech that threatens to eventually replace human workers. Robots can make sushi, noodles, burgers, and pancakes.  Now, the gr…

    Read the jokes Ann Coulter turned down for Rob Lowe's Roast

    Ann Coulter isn't funny, as she proved during Monday night's at Comedy Central Roast of Rob Lowe when all of her jokes fell flat. Maybe she would've gotten more laughs if she'd used the script that professional comedy writers prepared for her. Roast writers Mike Lawrence and Earl Skakel wrote so…

    US stocks earnings hit retailers like Target and Lowe's

    BEIJING (AP) — Asian stocks rose Wednesday after Wall Street edged higher on news the U.S. Federal Reserve is in no hurry to raise interest rates. Japan's benchmark fell after the country reported declines in both exports and imports in July.KEEPING SCORE: Hong Kong's Hang S…

    Lowe's Tangos With Google To Help You Remodel Your Home In Augmented Reality

    The chain is launching a smartphone app that turns science fiction into reality.Lowe's may not be where most people would expect to find a cutting-edge augmented reality app.Read Full Story

    Lowe's Company Life and Culture

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