Lowes Companies (LOW) Gross Margin (2009 - 2026)
Lowes Companies' Gross Margin was 33.04% in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 0.77 percentage points from 33.81% a year earlier but up 0.36 percentage points from the prior quarter.
Lowes Companies (LOW) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lowes Companies' Gross Margin was 33.08% through Jul 31, 2026, down 0.38 percentage points year-over-year; for FY2026 (ended Jan 30, 2026), it came in at 33.48%, up 0.16 percentage points from FY2025.
- Gross Margin shows a five-year change of +0.47 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 33.32% in FY2025 (-0.08 pp), 33.39% in FY2024 (+0.16 pp), 33.23% in FY2023 (-0.07 pp) and 33.30% in FY2022 (+0.30 pp).
- Quarterly Gross Margin has moved between 32.33% (fiscal Q4 2023) and 34.19% (fiscal Q3 2026) over five years.
- Compared with a year earlier, Gross Margin has declined for three straight quarters, with an average year-over-year change of -0.04 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2022 (a gain of 1.14 percentage points); the worst was fiscal Q2 2027 (a drop of 0.77 percentage points).
- Per Business Quant data, LOW's Gross Margin in the three fiscal quarters before Q2 2027 was 32.68% (Q1 2027), 32.46% (Q4 2026) and 34.19% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 52.26% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 33.67% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 33.41% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 33.04% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 33.83% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 33.67% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 51.45% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 18.76% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 52.15% |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | 17.06% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 33.04% |
| 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% |
Lowes Companies Gross Margin 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=gross-margin&ticker=LOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=LOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();