Lowes Companies (LOW) Asset Utilization Ratio (2009 - 2026)
Lowes Companies' (LOW) Asset Utilization Ratio stood at 1.63 in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 10.2% from 1.82 a year earlier but up 0.7% from the prior quarter.
Lowes Companies (LOW) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 30, 2026), Lowes Companies' Asset Utilization Ratio came in at 1.77, down 10.0% from FY2025.
- Annual Asset Utilization Ratio has declined for three straight fiscal years.
- Across earlier fiscal years, Asset Utilization Ratio came in at 1.97 in FY2025 (-2.4%), 2.02 in FY2024 (-8.0%), 2.20 in FY2023 (+4.3%) and 2.11 in FY2022 (+1.3%).
- Quarterly Asset Utilization Ratio has ranged from 1.60 in fiscal Q4 2026 to 2.14 in fiscal Q4 2023 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio has declined for 11 consecutive quarters, with an average decline of 9.1% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 16.0% in fiscal Q3 2022, against a decline of 15.8% in fiscal Q4 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 1.62 (Q1 2027), 1.60 (Q4 2026) and 1.68 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,979.57 Bn | 2,476.24 Bn | 107.37 Bn | 0.65 |
| 2 | Home Depot | 350.34 Bn | 343.58 Bn | 16.12 Bn | 1.56 |
| 3 | Tjx Companies | 150.76 Bn | 128.31 Bn | 5.07 Bn | 1.70 |
| 4 | Lowes Companies | 130.11 Bn | 123.07 Bn | 8.58 Bn | 1.63 |
| 5 | Carvana | 80.38 Bn | 71.27 Bn | 1.52 Bn | 1.85 |
| 6 | Ross Stores | 76.38 Bn | 59.31 Bn | 2.12 Bn | 1.55 |
| 7 | Target | 73.52 Bn | 68.11 Bn | 8.94 Bn | 1.81 |
| 8 | O Reilly Automotive | 71.92 Bn | 71.02 Bn | 2.68 Bn | 1.09 |
| 9 | Autozone | 52.04 Bn | 50.89 Bn | 3.52 Bn | 0.96 |
| 10 | JD.com | 34.34 Bn | -76.55 Bn | 8.74 Bn | 1.84 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.63 |
| May 1, 2026 | 1.62 |
| Jan 30, 2026 | 1.60 |
| Oct 31, 2025 | 1.68 |
| Aug 1, 2025 | 1.82 |
| May 2, 2025 | 1.88 |
| Jan 31, 2025 | 1.91 |
| Nov 1, 2024 | 1.87 |
| Aug 2, 2024 | 1.86 |
| May 3, 2024 | 1.96 |
| Feb 2, 2024 | 2.05 |
| Nov 3, 2023 | 2.07 |
| Aug 4, 2023 | 2.06 |
| May 5, 2023 | 2.14 |
| Feb 3, 2023 | 2.14 |
| Oct 28, 2022 | 2.05 |
| Jul 29, 2022 | 1.98 |
| Apr 29, 2022 | 2.02 |
| Jan 28, 2022 | 2.05 |
| Oct 29, 2021 | 1.93 |
Lowes Companies Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "LOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();