Lowes Companies (LOW) Return on Capital Employed [ROCE] (2009 - 2026)
Lowes Companies (LOW) recorded Return on Capital Employed [ROCE] of 30.02% in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 12.36 percentage points from 42.38% a year earlier but up 0.22 percentage points from the prior quarter.
Lowes Companies (LOW) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 30, 2026), Lowes Companies reported Return on Capital Employed [ROCE] of 34.82%, down 9.36 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] has a five-year change of -4.76 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at 44.18% in FY2025 (+1.66 pp), 42.51% in FY2024 (+1.32 pp), 41.19% in FY2023 (-5.29 pp) and 46.48% in FY2022 (+6.90 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 29.57% in fiscal Q4 2026 to 47.93% in fiscal Q1 2023 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for four consecutive quarters, with an average year-over-year change of -5.96 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 12.60 percentage points in fiscal Q3 2022, against a drop of 17.37 percentage points in fiscal Q1 2027 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 29.80% (Q1 2027), 29.57% (Q4 2026) and 33.59% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,676.66 Bn | 2,193.36 Bn | 104.83 Bn | 11.49% |
| 2 | Home Depot | 281.92 Bn | 275.16 Bn | 16.12 Bn | 28.54% |
| 3 | Tjx Companies | 147.13 Bn | 124.67 Bn | 5.07 Bn | 34.00% |
| 4 | Lowes Companies | 102.34 Bn | 95.31 Bn | 8.58 Bn | 30.02% |
| 5 | Ross Stores | 74.83 Bn | 57.76 Bn | 2.12 Bn | 30.97% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 15.67% |
| 7 | O Reilly Automotive | 69.40 Bn | 68.49 Bn | 2.52 Bn | 47.86% |
| 8 | Carvana | 69.33 Bn | 60.93 Bn | 1.38 Bn | 18.45% |
| 9 | Autozone | 46.02 Bn | 44.93 Bn | 2.52 Bn | 33.85% |
| 10 | JD.com | 31.99 Bn | -78.19 Bn | 8.71 Bn | 0.46% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 30.02% |
| May 1, 2026 | 29.80% |
| Jan 30, 2026 | 29.57% |
| Oct 31, 2025 | 33.59% |
| Aug 1, 2025 | 42.38% |
| May 2, 2025 | 47.17% |
| Jan 31, 2025 | 41.59% |
| Nov 1, 2024 | 40.66% |
| Aug 2, 2024 | 38.97% |
| May 3, 2024 | 45.37% |
| Feb 2, 2024 | 43.47% |
| Nov 3, 2023 | 42.83% |
| Aug 4, 2023 | 35.51% |
| May 5, 2023 | 39.63% |
| Feb 3, 2023 | 39.33% |
| Oct 28, 2022 | 39.67% |
| Jul 29, 2022 | 43.68% |
| Apr 29, 2022 | 47.93% |
| Jan 28, 2022 | 44.21% |
| Oct 29, 2021 | 41.19% |
Lowes Companies Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=LOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=LOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();