Lowes Companies (LOW) Net Margin (2009 - 2026)
Lowes Companies' Net Margin came in at 9.24% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 0.77 percentage points from 10.01% a year earlier but up 2.19 percentage points from the prior quarter.
Lowes Companies (LOW) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Lowes Companies reported Net Margin of 7.35%, down 0.86 percentage points year-over-year; for FY2026 (ended Jan 30, 2026), it came in at 7.71%, down 0.60 percentage points from FY2025.
- Net Margin carries a five-year change of +1.20 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Net Margin was 8.31% in FY2025 (-0.63 pp), 8.94% in FY2024 (+2.31 pp), 6.63% in FY2023 (-2.14 pp) and 8.77% in FY2022 (+2.26 pp).
- The five-year range for quarterly Net Margin is 0.66% (fiscal Q3 2023) to 10.89% (fiscal Q2 2023).
- Year-over-year, Net Margin has declined for six consecutive quarters, with an average year-over-year change of -0.44 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q3 2024 (a gain of 8.01 percentage points), and the weakest in fiscal Q3 2023 (a drop of 7.62 percentage points).
- Business Quant data shows LOW's Net Margin at 7.05% (Q1 2027), 4.86% (Q4 2026) and 7.76% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,680.19 Bn | 2,196.89 Bn | 104.83 Bn | 31.23% |
| 2 | Home Depot | 317.07 Bn | 310.31 Bn | 16.12 Bn | 9.96% |
| 3 | Tjx Companies | 160.41 Bn | 137.96 Bn | 5.07 Bn | 10.01% |
| 4 | Lowes Companies | 111.29 Bn | 104.26 Bn | 8.58 Bn | 9.24% |
| 5 | O Reilly Automotive | 74.86 Bn | 73.95 Bn | 2.52 Bn | 14.62% |
| 6 | Ross Stores | 73.00 Bn | 55.93 Bn | 2.12 Bn | 13.59% |
| 7 | Target | 69.92 Bn | 64.51 Bn | 8.94 Bn | 7.07% |
| 8 | Autozone | 53.34 Bn | 52.24 Bn | 2.52 Bn | 13.25% |
| 9 | Carvana | 41.21 Bn | 31.70 Bn | 1.38 Bn | 4.20% |
| 10 | JD.com | 36.20 Bn | -84.01 Bn | 8.71 Bn | 2.06% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 9.24% |
| May 1, 2026 | 7.05% |
| Jan 30, 2026 | 4.86% |
| Oct 31, 2025 | 7.76% |
| Aug 1, 2025 | 10.01% |
| May 2, 2025 | 7.84% |
| Jan 31, 2025 | 6.06% |
| Nov 1, 2024 | 8.40% |
| Aug 2, 2024 | 10.10% |
| May 3, 2024 | 8.21% |
| Feb 2, 2024 | 5.48% |
| Nov 3, 2023 | 8.66% |
| Aug 4, 2023 | 10.71% |
| May 5, 2023 | 10.11% |
| Feb 3, 2023 | 4.27% |
| Oct 28, 2022 | 0.66% |
| Jul 29, 2022 | 10.89% |
| Apr 29, 2022 | 9.86% |
| Jan 28, 2022 | 5.66% |
| Oct 29, 2021 | 8.27% |
Lowes Companies Net 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=net-margin&ticker=LOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=LOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();