Lowes Companies (LOW) Tax Rate (2009 - 2026)

Lowes Companies (LOW) posted Tax Rate of 24.45% for Q2 2026, up 4.9% on a QoQ basis from 23.31% in Q1 2026, and up 53.0% year-over-year from 15.98% in Q2 2025.

Lowes Companies (LOW) Tax Rate (2009 - 2026) Analysis & Trends

Lowes Companies' Tax Rate history runs 18 years deep, the most recent figure standing at 24.45% for 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 was 24.45% for Q2 2026 at Lowes Companies, up from 23.31% in the prior quarter.
  • Across five years, Tax Rate topped out at 75.52% in Q4 2022 and bottomed at 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 plunged 5093 bps.
  • Lowes Companies' Tax Rate stood at 75.52% in 2022, then slumped by 67 bps to 24.59% in 2023, then declined by 4 bps to 23.61% in 2024, then advanced by 2 bps to 24.1% in 2025, then grew by 1 bps to 24.45% in 2026.
  • Business Quant data shows LOW's Tax Rate at 24.45% in Q2 2026, 23.31% in Q1 2026, and 24.1% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Home Depot 335.94 Bn 334.34 Bn 13.78 Bn 24.86%
2 Lowes Companies 120.57 Bn 119.33 Bn 7.54 Bn 24.45%
3 Floor & Decor Holdings 6.02 Bn 5.72 Bn 507.45 Mn 22.54%
4 Haverty Furniture Companies 385.74 Mn 278.28 Mn 116.22 Mn 28.51%
5 Live Ventures 29.89 Mn 29.89 Mn 35.35 Mn 28.09%

Historic Data

Download Data
DateValue
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%