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)+6%
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 244 other locations
Mooresville, US (HQ)
1000 Lowes Blvd

Lowe's Metrics

Lowe's Financial Metrics

Revenue (2015)

$59.1 b

Revenue growth (2014-15), %


Gross profit

$20.6 b

Gross profit margin (2015), %


Net income (2015)

$2.5 b

Market capitalization (21-Mar-2017)

$71.1 b

Closing share price (21-Mar-2017)


Cash (31-Dec-2015)

$405 m
Lowe's's current market capitalization is $71.1 b.
Lowe's's revenue was reported to be $59.1 b in FY, 2015 which is a 5.1% increase from the previous period.
FY, 2013FY, 2014FY, 2015


$53.4 b$56.2 b$59.1 b

Revenue growth, %


Cost of goods sold

$34.9 b$36.7 b$38.5 b

Gross profit

$18.5 b$19.6 b$20.6 b

Gross profit Margin, %


Operating expense total

$14.8 b$15.3 b$16.2 b

Income tax expense

$1.4 b$1.6 b$1.9 b

Net Income

$2.3 b$2.7 b$2.5 b
FY, 2013FY, 2014FY, 2015


$391 m$466 m$405 m

Current Assets

$10.3 b$10.1 b$10.6 b

Total Assets

$32.7 b$31.8 b$31.3 b

Accounts Payable

$5 b$5.1 b$5.6 b

Total Debt

$386 m$43 m

Current Liabilities

$8.9 b$9.3 b$10.5 b

Additional Paid-in Capital

Retained Earnings

$11.4 b$9.6 b$7.6 b

Total Equity

$11.9 b$10 b$7.7 b

Debt to Equity Ratio

0 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

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

Net Income

$2.3 b$2.7 b$2.5 b

Accounts Payable

$291 m$127 m$524 m

Cash From Operating Activities

$4.1 b$4.9 b$4.8 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 b$5.8 b$6 b

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 Presence

Lowe's News

Lowe's Company Life

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