Lowes Companies (LOW) Tax Rate (2009 - 2026)
Lowes Companies' (LOW) quarterly Tax Rate came in at 24.45% in Q2 2026, up 53.0% YoY from 15.98% in Q2 2025, and up 4.9% on a QoQ basis from 23.31% in Q1 2026.
Lowes Companies (LOW) Tax Rate (2009 - 2026) Analysis & Trends
Lowes Companies (LOW) has 18 years of Tax Rate data on file, last reported at 24.45% in Q2 2026.
- Quarterly Tax Rate rose 53.0% year-over-year to 24.45% in Q2 2026, while the trailing twelve-month figure through May 2026 was 24.04% (up 1.0% YoY) and the FY2026 annual result came in at 23.93%, down 6.0% from the prior year.
- Tax Rate rose to 24.45% in Q2 2026, from 23.31% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 75.52% in Q4 2022 to a low of 23.1% in Q2 2023.
- A 5-year average of 27.33% and a median of 24.06% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 4941 bps — and 2023, when it sank 5093 bps.
- Tracing LOW's Tax Rate over 5 years: stood at 75.52% in 2022, then plunged by 67 bps to 24.59% in 2023, then slipped by 4 bps to 23.61% in 2024, then rose by 2 bps to 24.1% in 2025, then advanced by 1 bps to 24.45% in 2026.
- The last three Tax Rate figures came in at 24.45% (Q2 2026), 23.31% (Q1 2026), and 24.1% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Home Depot | 332.39 Bn | 330.79 Bn | 13.78 Bn | 24.86% |
| 2 | Lowes Companies | 121.70 Bn | 120.46 Bn | 7.54 Bn | 24.45% |
| 3 | Floor & Decor Holdings | 5.91 Bn | 5.59 Bn | 603.12 Mn | 23.26% |
| 4 | Haverty Furniture Companies | 407.20 Mn | 302.91 Mn | 119.73 Mn | 28.46% |
| 5 | Live Ventures | 28.32 Mn | 17.42 Mn | 37.10 Mn | 176.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 1, 2026 | 24.45% |
| May 1, 2026 | 24.45% |
| May 1, 2026 | 24.45% |
| Jan 30, 2026 | 23.31% |
| Jan 30, 2026 | 23.31% |
| Jan 30, 2026 | 23.31% |
| Oct 31, 2025 | 24.10% |
| Oct 31, 2025 | 24.10% |
| Oct 31, 2025 | 24.10% |
| Aug 1, 2025 | 24.02% |
| Aug 1, 2025 | 24.02% |
| Aug 1, 2025 | 24.02% |
| May 2, 2025 | 23.92% |
| May 2, 2025 | 23.92% |
| May 2, 2025 | 23.92% |
| Jan 31, 2025 | 25.17% |
| Jan 31, 2025 | 25.17% |
| Jan 31, 2025 | 25.17% |
| Nov 1, 2024 | 23.61% |
| Nov 1, 2024 | 23.61% |