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)
Mooresville, US
Size (employees)
190,000 (est)
Lowe's was founded in 1946 and is headquartered in Mooresville, US

Key People at Lowe's

Rick Damron

Rick Damron

Paul Ramsay

Paul Ramsay

Richard Maltsbarger

Richard Maltsbarger

CDO & President
Ross McCanless

Ross McCanless

Michael McDermott

Michael McDermott

Robert Niblock

Robert Niblock

Chairman & President and CEO
Jennifer Weber

Jennifer Weber

Marshall Croom

Marshall Croom


Lowe's Office Locations

Lowe's has offices in Mooresville, Arlington, Gilbert, Austin and in 252 other locations
Mooresville, US (HQ)
1000 Lowes Blvd

Lowe's Data and Metrics

Lowe's Financial Metrics

Lowe's's revenue was reported to be $59.1 b in FY, 2015 which is a 5% increase from the previous period.

Revenue (FY, 2015)

59.1 b

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

20.6 b

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

2.5 b

Market capitalization (26-Jun-2017)

64.8 b

Closing share price (26-Jun-2017)


Cash (31-Dec-2015)

405 m


64.4 b
Lowe's's current market capitalization is $64.8 b.
USDFY, 2013FY, 2014FY, 2015


53.4 b56.2 b59.1 b

Revenue growth, %


Cost of goods sold

34.9 b36.7 b38.5 b

Gross profit

18.5 b19.6 b20.6 b

Gross profit Margin, %


Operating expense total

14.8 b15.3 b16.2 b

Income tax expense

1.4 b1.6 b1.9 b

Net Income

2.3 b2.7 b2.5 b
USDFY, 2013FY, 2014FY, 2015


391 m466 m405 m

Current Assets

10.3 b10.1 b10.6 b

Total Assets

32.7 b31.8 b31.3 b

Accounts Payable

5 b5.1 b5.6 b

Total Debt

386 m43 m

Current Liabilities

8.9 b9.3 b10.5 b

Retained Earnings

11.4 b9.6 b7.6 b

Total Equity

11.9 b10 b7.7 b

Debt to Equity Ratio

0 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

2.8 x3.2 x4.1 x
USDFY, 2013FY, 2014FY, 2015

Net Income

2.3 b2.7 b2.5 b

Accounts Payable

291 m127 m524 m

Cash From Operating Activities

4.1 b4.9 b4.8 b

Capital Expenditures

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

Cash From Investing Activities

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

Short-term Borrowings

(386 m)43 m

Long-term Borrowings

(47 m)(48 m)(552 m)

Cash From Financing Activities

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

Free Cash Flow

5.1 b5.8 b6 b
USDY, 2015


13.5 x


10.8 x


337.6 k

Financial Leverage

4.1 x

Lowe's Market Value History

Lowe's Job Categories

Lowe's Median Salaries

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

Lowe's Online and Social Media Presence

Lowe's News and Updates

Lowe's Company Life and Culture

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