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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersOperating ExpensesOperating IncomeProfit After TaxRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Ratios

Lowes Companies (LOW) Tax Rate (2016 - 2026)

Lowes Companies filings provide 18 years of Tax Rate readings, the most recent being 23.31% for Q1 2026.

  • Quarterly Tax Rate fell 185.0% to 23.31% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 23.91% through Jan 2026, down 8.0% year-over-year, with the annual reading at 23.93% for FY2026, 6.0% down from the prior year.
  • Tax Rate hit 23.31% in Q1 2026 for Lowes Companies, down from 24.1% 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.
  • Average Tax Rate over 5 years is 27.5%, with a median of 24.02% recorded in 2025.
  • The largest annual shift saw Tax Rate skyrocketed 4941bps in 2022 before it tumbled -5093bps in 2023.
  • Lowes Companies' Tax Rate stood at 75.52% in 2022, then tumbled by -67bps to 24.59% in 2023, then dropped by -4bps to 23.61% in 2024, then grew by 2bps to 24.1% in 2025, then fell by -3bps to 23.31% in 2026.
  • Per Business Quant, the three most recent readings for LOW's Tax Rate are 23.31% (Q1 2026), 24.1% (Q4 2025), and 24.02% (Q3 2025).