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| 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% |