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

Lowes Companies (LOW) has reported Tax Rate for 18 consecutive years, with 24.44% the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Tax Rate rose 42.0% year-over-year to 24.44%; the trailing twelve-month figure through Jul 2026 stood at 24.19% (up 11.0% YoY), and the FY2026 full-year result was 23.93%, down 6.0% from the prior year.
• Tax Rate steadied at 24.44% in Q3 2026 per LOW's latest filing, from 24.45% 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.
• Historically, Tax Rate has averaged 27.18% across 5 years, with a median of 24.1% in 2025.
• The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 4941 bps in 2022, then slumped 5093 bps in 2023.
• Over 5 years, 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 climbed by 1 bps to 24.44% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 24.44%, 24.45%, and 23.31% for Q3 2026, Q2 2026, and Q1 2026 respectively.