Lowes Companies (LOW) Return on Invested Capital [ROIC] (2009 - 2026)
Lowes Companies' Return on Invested Capital [ROIC] came in at 26.54% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 8.47 percentage points from 35.01% a year earlier but up 0.10 percentage points from the prior quarter.
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Analysis
Lowes Companies (LOW) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 30, 2026), Lowes Companies' Return on Invested Capital [ROIC] was 30.13%, down 7.63 percentage points from FY2025.
- Return on Invested Capital [ROIC] carries a five-year change of -2.56 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 37.77% in FY2025 (-5.49 pp), 43.25% in FY2024 (+6.72 pp), 36.53% in FY2023 (-5.71 pp) and 42.24% in FY2022 (+9.55 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 25.94% (fiscal Q4 2026) to 43.62% (fiscal Q1 2023).
- Year-over-year, Return on Invested Capital [ROIC] has declined for eight consecutive quarters, with an average year-over-year change of -6.31 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q4 2022 (a gain of 11.23 percentage points), and the weakest in fiscal Q2 2024 (a drop of 11.06 percentage points).
- Business Quant data shows LOW's Return on Invested Capital [ROIC] at 26.44% (Q1 2027), 25.94% (Q4 2026) and 29.45% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,933.26 Bn | 2,429.93 Bn | 107.37 Bn | 10.13% |
| 2 | Home Depot | 348.06 Bn | 341.30 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 147.97 Bn | 125.52 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 127.73 Bn | 120.69 Bn | 8.58 Bn | 26.54% |
| 5 | Carvana | 79.78 Bn | 70.66 Bn | 1.52 Bn | 0.00% |
| 6 | O Reilly Automotive | 74.18 Bn | 73.27 Bn | 2.68 Bn | 53.89% |
| 7 | Ross Stores | 74.06 Bn | 56.99 Bn | 2.12 Bn | 33.92% |
| 8 | Target | 73.34 Bn | 67.93 Bn | 8.94 Bn | 14.40% |
| 9 | Autozone | 52.71 Bn | 51.56 Bn | 3.52 Bn | 45.70% |
| 10 | JD.com | 33.86 Bn | -77.03 Bn | 8.74 Bn | 0.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 26.54% |
| May 1, 2026 | 26.44% |
| Jan 30, 2026 | 25.94% |
| Oct 31, 2025 | 29.45% |
| Aug 1, 2025 | 35.01% |
| May 2, 2025 | 36.65% |
| Jan 31, 2025 | 36.73% |
| Nov 1, 2024 | 35.57% |
| Aug 2, 2024 | 36.63% |
| May 3, 2024 | 39.22% |
| Feb 2, 2024 | 42.15% |
| Nov 3, 2023 | 40.88% |
| Aug 4, 2023 | 32.06% |
| May 5, 2023 | 34.88% |
| Feb 3, 2023 | 35.87% |
| Oct 28, 2022 | 36.19% |
| Jul 29, 2022 | 43.12% |
| Apr 29, 2022 | 43.62% |
| Jan 28, 2022 | 40.88% |
| Oct 29, 2021 | 36.30% |
API Access
Lowes Companies Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=LOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=LOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();