Lowes Companies (LOW) Change in Inventory (2009 - 2026)
Lowes Companies (LOW) reported Change in Inventory of -$709 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), compared with -$2.1 billion a year earlier.
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Analysis
Lowes Companies (LOW) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Lowes Companies' Change in Inventory came in at $906 million; for FY2026 (ended Jan 30, 2026), it came in at -$703 million.
- By fiscal year, Change in Inventory came in at $514 million in FY2025, -$1.64 billion in FY2024, $2.59 billion in FY2023 (+83.6%) and $1.41 billion in FY2022 (-52.4%).
- Five-year quarterly Change in Inventory spans a low of -$2.1 billion in fiscal Q2 2024 and a high of $2.65 billion in fiscal Q1 2023.
- Year over year, Change in Inventory gained in two of the last four quarters, with growth averaging 130.0%.
- The high point for year-over-year Change in Inventory in five years was fiscal Q3 2025 (growth of 577.6%); the low point was fiscal Q3 2024 (a decline of 81.6%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $1.15 billion (Q1 2027), $113 million (Q4 2026) and $357 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,659.84 Bn | 2,176.54 Bn | 104.83 Bn | 1.82 Bn |
| 2 | Home Depot | 287.59 Bn | 280.83 Bn | 16.12 Bn | -604.00 Mn |
| 3 | Tjx Companies | 147.38 Bn | 124.93 Bn | 5.07 Bn | 221.00 Mn |
| 4 | Lowes Companies | 105.03 Bn | 97.99 Bn | 8.58 Bn | -709.00 Mn |
| 5 | Ross Stores | 74.93 Bn | 57.86 Bn | 2.12 Bn | 110.41 Mn |
| 6 | Target | 71.05 Bn | 65.64 Bn | 8.94 Bn | 932.00 Mn |
| 7 | O Reilly Automotive | 70.25 Bn | 69.33 Bn | 2.52 Bn | 160.24 Mn |
| 8 | Carvana | 69.96 Bn | 61.56 Bn | 1.38 Bn | 586.00 Mn |
| 9 | Autozone | 46.92 Bn | 45.82 Bn | 2.52 Bn | 104.14 Mn |
| 10 | JD.com | 31.91 Bn | -78.27 Bn | 8.71 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -709.00 Mn |
| May 1, 2026 | 1.15 Bn |
| Jan 30, 2026 | 113.00 Mn |
| Oct 31, 2025 | 357.00 Mn |
| Aug 1, 2025 | -2.10 Bn |
| May 2, 2025 | 926.00 Mn |
| Jan 31, 2025 | -158.00 Mn |
| Nov 1, 2024 | 725.00 Mn |
| Aug 2, 2024 | -1.38 Bn |
| May 3, 2024 | 1.33 Bn |
| Feb 2, 2024 | -635.00 Mn |
| Nov 3, 2023 | 107.00 Mn |
| Aug 4, 2023 | -2.10 Bn |
| May 5, 2023 | 990.00 Mn |
| Feb 3, 2023 | 286.00 Mn |
| Oct 28, 2022 | 580.00 Mn |
| Jul 29, 2022 | -918.00 Mn |
| Apr 29, 2022 | 2.65 Bn |
| Jan 28, 2022 | 967.00 Mn |
| Oct 29, 2021 | -650.00 Mn |
API Access
Lowes Companies Change in Inventory 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=change-in-inventory&ticker=LOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=LOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();