Lowes Companies (LOW) Operating Leases (2019 - 2026)
Lowes Companies' Operating Leases was $3.73 billion in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 1.8% from $3.8 billion a year earlier and down 5.2% from the prior quarter.
Lowes Companies (LOW) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 30, 2026), Operating Leases at Lowes Companies came in at $4.04 billion, up 11.4% from FY2025.
- Operating Leases shows a five-year compound annual growth rate of 0.8% (FY2021 to FY2026).
- In earlier fiscal years, Operating Leases was $3.63 billion in FY2025 (-2.9%), $3.74 billion in FY2024 (+6.4%), $3.51 billion in FY2023 (-12.7%) and $4.02 billion in FY2022 (+3.4%).
- The fiscal Q2 2027 figure marks the lowest quarterly Operating Leases since fiscal Q1 2026.
- Compared with a year earlier, Operating Leases was higher in five of the last eight quarters, with growth averaging 3.3%.
- The best year-over-year quarter for Operating Leases over five years was fiscal Q4 2026 (growth of 11.4%); the worst was fiscal Q1 2024 (a decline of 14.3%).
- Per Business Quant data, LOW's Operating Leases in the three fiscal quarters before Q2 2027 was $3.94 billion (Q1 2027), $4.04 billion (Q4 2026) and $4.07 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,659.84 Bn | 2,176.54 Bn | 104.83 Bn |
| 2 | Home Depot | 287.59 Bn | 280.83 Bn | 16.12 Bn |
| 3 | Tjx Companies | 147.38 Bn | 124.93 Bn | 5.07 Bn |
| 4 | Lowes Companies | 105.03 Bn | 97.99 Bn | 8.58 Bn |
| 5 | Ross Stores | 74.93 Bn | 57.86 Bn | 2.12 Bn |
| 6 | Target | 71.05 Bn | 65.64 Bn | 8.94 Bn |
| 7 | O Reilly Automotive | 70.25 Bn | 69.33 Bn | 2.52 Bn |
| 8 | Carvana | 69.96 Bn | 61.56 Bn | 1.38 Bn |
| 9 | Autozone | 46.92 Bn | 45.82 Bn | 2.52 Bn |
| 10 | JD.com | 31.91 Bn | -78.27 Bn | 8.71 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.73 Bn |
| May 1, 2026 | 3.94 Bn |
| Jan 30, 2026 | 4.04 Bn |
| Oct 31, 2025 | 4.07 Bn |
| Aug 1, 2025 | 3.80 Bn |
| May 2, 2025 | 3.67 Bn |
| Jan 31, 2025 | 3.63 Bn |
| Nov 1, 2024 | 3.74 Bn |
| Aug 2, 2024 | 3.74 Bn |
| May 3, 2024 | 3.76 Bn |
| Feb 2, 2024 | 3.74 Bn |
| Nov 3, 2023 | 3.60 Bn |
| Aug 4, 2023 | 3.61 Bn |
| May 5, 2023 | 3.48 Bn |
| Feb 3, 2023 | 3.51 Bn |
| Oct 28, 2022 | 4.05 Bn |
| Jul 29, 2022 | 4.07 Bn |
| Apr 29, 2022 | 4.06 Bn |
| Jan 28, 2022 | 4.02 Bn |
| Oct 29, 2021 | 4.14 Bn |
Lowes Companies Operating Leases 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=operating-leases&ticker=LOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=LOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();