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

Lowes Companies has reported Tax Rate for 18 years, with the latest figure at 24.45% in Q2 2026.

• For the quarter ending Q2 2026, Tax Rate rose 53.0% year-over-year to 24.45%; the trailing twelve-month figure through May 2026 stood at 24.04% (up 1.0% YoY), and the FY2026 full-year result was 23.93%, down 6.0% from the prior year.
• Tax Rate for Q2 2026 stood at 24.45%, up from 23.31% in the prior quarter.
• The five-year high for Tax Rate was 75.52% in Q4 2022, with the low at 23.1% in Q2 2023.
• Historically, Tax Rate has averaged 27.33% across 5 years, with a median of 24.06% in 2025.
• Annual changes were most pronounced in 2022 — Tax Rate soared 4941 bps — and 2023, when it sank 5093 bps.
• Lowes Companies' Tax Rate 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.