Growth Metrics

Lowes Companies (LOW) Gross Margin (2016 - 2026)

Lowes Companies filings provide 18 years of Gross Margin readings, the most recent being 32.46% for Q1 2026.

  • Quarterly Gross Margin fell 41.0% to 32.46% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 33.47% through Jan 2026, up 16.0% year-over-year, with the annual reading at 33.48% for FY2026, 16.0% up from the prior year.
  • Gross Margin hit 32.46% in Q1 2026 for Lowes Companies, down from 34.19% in the prior quarter.
  • Across five years, Gross Margin topped out at 34.19% in Q4 2025 and bottomed at 32.33% in Q1 2023.
  • Average Gross Margin over 5 years is 33.31%, with a median of 33.38% recorded in 2025.
  • The largest annual shift saw Gross Margin skyrocketed 114bps in 2022 before it crashed -60bps in 2023.
  • Lowes Companies' Gross Margin stood at 33.3% in 2022, then rose by 1bps to 33.66% in 2023, then grew by 0bps to 33.69% in 2024, then increased by 1bps to 34.19% in 2025, then dropped by -5bps to 32.46% in 2026.
  • Per Business Quant, the three most recent readings for LOW's Gross Margin are 32.46% (Q1 2026), 34.19% (Q4 2025), and 33.81% (Q3 2025).