Lowes Companies (LOW) Tax Rate (2009 - 2026)
Lowes Companies (LOW) posted Tax Rate of 24.44% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 0.42 percentage points from 24.02% a year earlier but down 0.01 percentage points from the prior quarter.
Lowes Companies (LOW) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Tax Rate at Lowes Companies was 24.19%, up 0.11 percentage points year-over-year; for FY2026 (ended Jan 30, 2026), it came in at 23.93%, down 0.06 percentage points from FY2025.
- Annual Tax Rate has declined for three consecutive fiscal years, with a five-year change of -0.67 percentage points (FY2021 to FY2026).
- In prior fiscal years, Lowes Companies' Tax Rate was 23.99% in FY2025 (-0.08 pp), 24.07% in FY2024 (-4.69 pp), 28.76% in FY2023 (+4.08 pp) and 24.68% in FY2022 (+0.08 pp).
- Quarterly Tax Rate has run from a low of 23.10% in fiscal Q1 2024 to a high of 75.52% in fiscal Q3 2023 over five years.
- On a year-over-year basis, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +0.04 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q3 2023, with a gain of 49.41 percentage points; the weakest was fiscal Q3 2024, with a drop of 50.93 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 24.45% (Q1 2027), 23.31% (Q4 2026) and 24.10% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,659.84 Bn | 2,176.54 Bn | 104.83 Bn | 22.51% |
| 2 | Home Depot | 287.59 Bn | 280.83 Bn | 16.12 Bn | 24.53% |
| 3 | Tjx Companies | 147.38 Bn | 124.93 Bn | 5.07 Bn | 24.68% |
| 4 | Lowes Companies | 105.03 Bn | 97.99 Bn | 8.58 Bn | 24.44% |
| 5 | Ross Stores | 74.93 Bn | 57.86 Bn | 2.12 Bn | 24.98% |
| 6 | Target | 71.05 Bn | 65.64 Bn | 8.94 Bn | 23.67% |
| 7 | O Reilly Automotive | 70.25 Bn | 69.33 Bn | 2.52 Bn | 22.62% |
| 8 | Carvana | 69.96 Bn | 61.56 Bn | 1.38 Bn | 11.40% |
| 9 | Autozone | 46.92 Bn | 45.82 Bn | 2.52 Bn | 21.12% |
| 10 | JD.com | 31.91 Bn | -78.27 Bn | 8.71 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 24.44% |
| May 1, 2026 | 24.45% |
| Jan 30, 2026 | 23.31% |
| Oct 31, 2025 | 24.10% |
| Aug 1, 2025 | 24.02% |
| May 2, 2025 | 23.92% |
| Jan 31, 2025 | 25.17% |
| Nov 1, 2024 | 23.61% |
| Aug 2, 2024 | 23.87% |
| May 3, 2024 | 23.73% |
| Feb 2, 2024 | 23.82% |
| Nov 3, 2023 | 24.59% |
| Aug 4, 2023 | 24.60% |
| May 5, 2023 | 23.10% |
| Feb 3, 2023 | 30.73% |
| Oct 28, 2022 | 75.52% |
| Jul 29, 2022 | 24.54% |
| Apr 29, 2022 | 23.73% |
| Jan 28, 2022 | 25.22% |
| Oct 29, 2021 | 26.11% |
Lowes Companies Tax Rate 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=tax-rate&ticker=LOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=LOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();