Lowes Companies (LOW) Gross Margin (2009 - 2026)
Lowes Companies' (LOW) quarterly Gross Margin came in at 32.68% in Q2 2026, down 69.0% YoY from 105.43% in Q2 2025, and up 0.71% on a QoQ basis from 32.46% in Q1 2026.
Lowes Companies (LOW) Gross Margin (2009 - 2026) Analysis & Trends
Lowes Companies (LOW) has 18 years of Gross Margin data on file, last reported at 32.68% in Q2 2026.
- Quarterly Gross Margin fell 69.0% year-over-year to 32.68% in Q2 2026, while the trailing twelve-month figure through May 2026 was 33.29% (down 8.0% YoY) and the FY2026 annual result came in at 33.48%, up 16.0% from the prior year.
- Gross Margin improved to 32.68% in Q2 2026, from 32.46% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 34.19% in Q4 2025 to a low of 32.33% in Q1 2023.
- A 5-year average of 33.28% and a median of 33.34% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin soared 114 bps — and 2026, when it slumped 69 bps.
- Tracing LOW's Gross Margin over 5 years: stood at 33.3% in 2022, then increased by 1 bps to 33.66% in 2023, then climbed by 0 bps to 33.69% in 2024, then gained by 1 bps to 34.19% in 2025, then dropped by 4 bps to 32.68% in 2026.
- The last three Gross Margin figures came in at 32.68% (Q2 2026), 32.46% (Q1 2026), and 34.19% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Home Depot | 332.39 Bn | 330.79 Bn | 13.78 Bn | 33.00% |
| 2 | Lowes Companies | 121.70 Bn | 120.46 Bn | 7.54 Bn | 32.68% |
| 3 | Floor & Decor Holdings | 5.91 Bn | 5.59 Bn | 603.12 Mn | 48.24% |
| 4 | Haverty Furniture Companies | 407.20 Mn | 302.91 Mn | 119.73 Mn | 61.42% |
| 5 | Live Ventures | 28.32 Mn | 17.42 Mn | 37.10 Mn | 34.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 1, 2026 | 32.68% |
| Jan 30, 2026 | 32.46% |
| Oct 31, 2025 | 34.19% |
| Aug 1, 2025 | 33.81% |
| May 2, 2025 | 33.38% |
| Jan 31, 2025 | 32.86% |
| Nov 1, 2024 | 33.69% |
| Aug 2, 2024 | 33.47% |
| May 3, 2024 | 33.19% |
| Feb 2, 2024 | 32.40% |
| Nov 3, 2023 | 33.66% |
| Aug 4, 2023 | 33.66% |
| May 5, 2023 | 33.68% |
| Feb 3, 2023 | 32.33% |
| Oct 28, 2022 | 33.30% |
| Jul 29, 2022 | 33.24% |
| Apr 29, 2022 | 34.03% |
| Jan 28, 2022 | 32.93% |
| Oct 29, 2021 | 33.10% |
| Jul 30, 2021 | 33.78% |