Lowe's

OverviewSuggest Edit

Lowe's is a retailer of products for home construction, maintenance, repair, remodeling, and decorating. It offers home improvement products across a wide 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
Founded1946
HQMooresville, NC, USMap
Websitecorporate.lowes.com
Employee Ratings3.4More
Overall CultureCMore
View Jobs (8,314)

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Latest Updates

Employees (est.) (Jan 2020)200,000(-33%)
Job Openings8,314
Revenue (FY, 2019)$72.1 B(+2%)
Share Price (May 2021)$198.9
Cybersecurity ratingBMore

Key People/Management at Lowe's

Marvin Ellison

Marvin Ellison

President & Chief Executive Officer
William Boltz

William Boltz

Executive Vice President, Merchandising
Ross McCanless

Ross McCanless

Executive Vice President, General Counsel & Corporate Secretary
Donald Frieson

Donald Frieson

Executive Vice President, Supply Chain
David Denton

David Denton

Executive Vice President, Chief Financial Officer
Joseph McFarland

Joseph McFarland

Executive Vice President, Stores
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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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Lowe's's revenue was reported to be $72.15 b in FY, 2019 which is a 1.2% increase from the previous period.
USD

Revenue (Q2, 2020)

27.3b

Gross profit (Q2, 2020)

9.3b

Gross profit margin (Q2, 2020), %

34.1%

Net income (Q2, 2020)

2.8b

EBIT (Q2, 2020)

4.0b

Market capitalization (14-May-2021)

142.7b

Closing stock price (14-May-2021)

198.9

Cash (31-Jul-2020)

11.6b

EV

157.2b
Lowe's's current market capitalization is $142.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

68.6b71.3b72.1b

Revenue growth, %

6%4%1%

Cost of goods sold

45.2b48.4b49.2b

Gross profit

23.4b22.9b22.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

17.4b20.9b17.4b17.7b20.9b17.4b19.7b27.3b

Cost of goods sold

11.3b13.7b11.8b12.2b14.3b11.7b13.2b18.0b

Gross profit

6.0b7.2b5.7b5.6b6.7b5.6b6.5b9.3b

Gross profit Margin, %

35%34%33%31%32%32%33%34%
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2020

Cash

558.0m588.0m511.0m716.0m

Inventories

10.5b11.4b12.6b13.2b

Current Assets

12.0b12.8b14.2b15.3b

PP&E

19.5b19.7b18.4b18.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2020Q1, 2020Q2, 2021

Cash

2.0b1.7b743.0m1.6b2.3b1.7b3.0b1.8b794.0m6.0b11.6b

Inventories

12.3b11.4b12.4b13.2b11.9b12.4b15.0b13.7b13.7b14.3b13.8b

Current Assets

15.3b14.0b14.0b16.0b15.5b15.1b19.3b16.8b15.7b21.9b27.7b

PP&E

19.7b19.8b19.8b19.5b19.2b18.9b18.2b18.2b18.4b18.5b18.6b
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

3.4b2.3b4.3b

Depreciation and Amortization

1.5b1.6b1.4b

Inventories

(791.0m)(1.3b)(600.0m)

Accounts Payable

(92.0m)1.7b(637.0m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

988.0m2.5b3.1b1.0b2.7b3.8b1.3b4.2b

Depreciation and Amortization

387.0m751.0m1.2b337.0m684.0m1.0b373.0m747.0m

Inventories

(1.8b)(549.0m)(1.0b)(2.5b)(1.2b)(1.1b)(1.2b)(674.0m)

Accounts Payable

3.5b2.4b2.7b3.2b1.2b523.0m3.2b5.3b
show all
USDFY, 2017

Debt/Equity

2.4 x

Debt/Assets

0.5 x

Financial Leverage

5.3 x
Show all financial metrics

Lowe's Operating Metrics

Lowe's's Stores was reported to be 2 k in Q2, 2021.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2020FY, 2020Q1, 2021Q2, 2021

Stores

1.84 k1.84 k1.85 k1.85 k1.86 k1.86 k2.11 k2.12 k2.13 k2.14 k2.14 k2.14 k2.15 k2.15 k2.16 k2.13 k2.02 k2 k2 k2 k1.98 k1.97 k1.97 k

Floor Space, square feet

201 m201 m201 m202 m202 m202 m212 m213 m213 m214 m214 m214 m215 m215 m215 m215 m209 m209 m209 m209 m208 m208 m208 m

Customer Transactions

857 m212 m256 m213 m878 m224 m265 m229 m945 m238 m273 m231 m953 m232 m277 m229 m941 m230 m269 m221 m921 m233 m330 m

Average Ticket

$65.61$66.63$67.23$67.34$67.26$68.08$68.91$68.68$68.82$70.79$71.4$72.63$72$74.98$75.53$75.89$75.79$77.19$77.97$78.71$78.36$84.38$82.79
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Lowe's Acquisitions / Subsidiaries

Company NameDateDeal Size
Boomerang CommerceMay 20, 2019
Retail Analytics platform of Boomerang CommerceMay 20, 2019
MSHMay 18, 2017
RONAFebruary 03, 2016$2.3 b
Atlas Pipeline Partners, L.P.February 27, 2015
Orchard Supply HardwareJune 17, 2013
ATGDecember 29, 2011
Lowe’s Companies Canada ULC
Lowe’s Home Centers, LLC
RONA, Inc.

Lowe's Revenue Breakdown

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Lowe's revenue breakdown by business segment: 29.4% from Hardlines, 31.9% from Building Products, 35.9% from Home Décor and 2.8% from Other

Lowe's revenue breakdown by geographic segment: 93.1% from United States and 6.9% from International

Human Capital Metrics

Source: 1g0r7s45brd833po5f1d5yyb-wpengine.netdna-ssl.com
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Lowe's Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

Learn more about our premium products
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Lowe's Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Lowe's Online and Social Media Presence

Lowe's's Trends

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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

May 13, 2021

Oppenheimer upgrades Lowe's to outperform, says hot stock can rise another 20%

Oppenheimer upgraded Lowe's to outperform from perform on Thursday.
May 03, 2021

Lowe's enlists 'tastemakers' for home decor series

Lowe's Cos. announced the launch of "Lowe's House of Curators," a design series that will rollout through the year. Lowe's will present customers with curated home decor suggestions based on the perspectives of selected "tastemakers." First will be Iris Apfel, a well-known name in fashion who, like…
April 29, 2021

Lowe's to hire more than 50,000 workers at May 4 event

Lowe's Cos. will host its national hiring day event on May 4, with plans to bring on more than 50,000 part-time, full-time and seasonal workers. Lowe's added more than 90,000 workers into permanent roles last year. Lowe's previously announced the hiring goal, noting that spring is the home retailer…
April 22, 2021

Lowe's acquires StainMaster

Lowe's Cos. announced its acquisition of StainMaster, the carpet and flooring company. The financial details of the deal were not disclosed. Lowe's has exclusively sold StainMaster carpet for the last decade, and says this expands on that partnership. The acquisition includes all intellectual prope…
April 22, 2021

Lowe's Acquires STAINMASTER®, the Most Recognized and Trusted Carpet Brand, Advancing Total Home Strategy

MOORESVILLE, N.C., April 22, 2021 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced it acquired the STAINMASTER brand, the most recognized and trusted carpet brand on the market today, advancing the home improvement retailer's Total Home strategy. With this acquisition,...
March 25, 2021

Lowe's looks beyond gardening, grills as it seeks to stretch pandemic stay-at-home gains into spring

The retailer has expanded its range of merchandise online and is trying to sustain a strong, pandemic-fueled run.
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Lowe's Blogs

May 17, 2021

Sales Floor Dept Supervisor- Building Materials -- 2091354BR

Sales Floor Dept Supervisor- Building Materials -- 2091354BR inv.adminuser May 17 2021 Sales Floor Dept Supervisor- Building Materials Regular Department: LWS_USA_BldgMat Lowe’s is an equal opportunity employer and a…
May 17, 2021

FT-Merchandising Service Associate-Day -- 2091353BR

FT-Merchandising Service Associate-Day -- 2091353BR inv.adminuser May 17 2021 FT-Merchandising Service Associate-Day Regular Department: LWS_STR_MST Day Lowe’s is an equal opportunity employer and administers all per…
May 17, 2021

FT-Head Cashier-Flexible -- 2091346BR

FT-Head Cashier-Flexible -- 2091346BR inv.adminuser May 17 2021 FT-Head Cashier-Flexible Regular Department: LWS_STR_Head Cashiers Lowe’s is an equal opportunity employer and administers all personnel practices witho…
May 17, 2021

Seasonal Merchandising Service Associate -- 2091359BR

Seasonal Merchandising Service Associate -- 2091359BR inv.adminuser May 17 2021 Seasonal Merchandising Service Associate Temporary Department: LWS_STR_MST Day Lowe’s is an equal opportunity employer and administers a…
May 17, 2021

FT-Scheduling Staffing Admin-Day -- 2091390BR

FT-Scheduling Staffing Admin-Day -- 2091390BR inv.adminuser May 17 2021 FT-Scheduling Staffing Admin-Day Regular Department: LWS_STR_Administrative Office Lowe’s is an equal opportunity employer and administers all p…
May 17, 2021

FT-Cashier-Day -- 2091348BR

FT-Cashier-Day -- 2091348BR inv.adminuser May 17 2021 FT-Cashier-Day Regular Department: LWS_STR_Customer Service Desk Lowe’s is an equal opportunity employer and administers all personnel practices without regard to…
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 Lowe's Frequently Asked Questions

  • When was Lowe's founded?

    Lowe's was founded in 1946.

  • Who are Lowe's key executives?

    Lowe's's key executives are Marvin Ellison, William Boltz and Ross McCanless.

  • How many employees does Lowe's have?

    Lowe's has 200,000 employees.

  • What is Lowe's revenue?

    Latest Lowe's annual revenue is $72.1 b.

  • What is Lowe's revenue per employee?

    Latest Lowe's revenue per employee is $360.7 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.