Lowe's Companies Inc
NYSE: LOW · CONSUMER CYCLICAL · HOME IMPROVEMENT RETAIL
Updated 2026-06-12
Lowe's Companies Inc (LOW) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $27.77B | $30.87B | $32.69B | $33.01B | $33.70B | $33.56B | $32.67B | $32.73B | $31.83B | $31.81B | $34.41B | $35.29B | $34.64B | $40.99B | $48.29B | $46.33B | $45.27B | $43.36B | $44.57B | $54.14B |
| Cash & equivalents | $364.00M | $281.00M | $245.00M | $632.00M | $652.00M | $1.01B | $541.00M | $391.00M | $466.00M | $405.00M | $558.00M | $588.00M | $511.00M | $716.00M | $4.69B | $1.13B | $1.35B | $921.00M | $1.76B | $982.00M |
| Current assets | $8.31B | $8.69B | $9.25B | $9.73B | $9.97B | $10.07B | $9.78B | $10.30B | $10.08B | $10.56B | $12.00B | $12.77B | $14.23B | $15.32B | $22.33B | $20.06B | $21.44B | $19.07B | $20.36B | $20.95B |
| Total liabilities | $12.04B | $14.77B | $14.63B | $13.94B | $15.59B | $17.03B | $18.81B | $20.88B | $21.86B | $24.16B | $27.97B | $29.42B | $31.00B | $39.02B | $46.85B | $51.15B | $59.53B | $58.41B | $58.80B | $64.06B |
| Current liabilities | $6.54B | $7.75B | $8.02B | $7.36B | $7.12B | $7.89B | $7.71B | $8.88B | $9.35B | $10.49B | $11.97B | $12.10B | $14.50B | $15.18B | $18.73B | $19.67B | $19.51B | $15.57B | $18.76B | $19.46B |
| Long-term debt | $4.33B | $5.58B | $5.04B | $4.53B | $6.54B | $7.04B | $9.03B | $10.09B | $10.81B | $11.54B | $14.39B | $15.56B | $14.39B | $16.77B | $20.67B | $23.86B | $32.88B | $35.38B | $32.90B | $37.49B |
| Shareholder equity | $15.72B | $16.10B | $18.05B | $19.07B | $18.11B | $16.53B | $13.86B | $11.85B | $9.97B | $7.65B | $6.43B | $5.87B | $3.64B | $1.97B | $1.44B | $-4.82B | $-14.25B | $-15.05B | $-14.23B | $-9.92B |
| Retained earnings | $14.86B | $15.35B | $17.05B | $18.31B | $17.37B | $15.85B | $13.22B | $11.36B | $9.59B | $7.59B | $6.24B | $5.42B | $3.45B | $1.73B | $1.12B | $-5.12B | $-14.86B | $-15.64B | $-14.80B | $-10.84B |
| Accounts receivable | $18.00M | $247.00M | $166.00M | $208.00M | $193.00M | $183.00M | $217.00M | $252.00M | $230.00M | — | — | — | — | — | $1.22B | $-66.00M | $-251.00M | — | $94.00M | $1.09B |
| Inventory | $7.14B | $7.61B | $8.21B | $8.25B | $8.32B | $8.36B | $8.60B | $9.13B | $8.91B | $9.46B | $10.46B | $11.39B | $12.56B | $13.18B | $16.19B | $17.61B | $18.53B | $16.89B | $17.41B | $17.30B |
| Goodwill | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $154.00M | $1.08B | $1.31B | $303.00M | $303.00M | $311.00M | $311.00M | $311.00M | — | $311.00M | $3.94B |
Frequently asked questions
What is Lowe's Companies Inc's revenue?
Lowe's Companies Inc's trailing twelve-month revenue is $88.43B, and consensus projects about $106.55B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is LOW?
In its most recent fiscal year, LOW ran a gross margin of 33.48%, an operating margin of 11.77%, and a net margin of 7.71%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does LOW generate?
LOW produced $7.65B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is LOW's balance sheet healthy?
LOW holds $982.00M in cash and equivalents against $37.49B in long-term debt, on $-9.92B of shareholder equity. That debt is best read against the cash flow the business throws off each year.