LOWES COMPANIES INC
For the period ended Jan 30, 2026. Filed Mar 23, 2026.
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FY2026 · Filed Mar 23, 2026
LOW$232.10+3.4%Stored close · as of Nov 9, 2026
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Consolidated Statements of Earnings
(In millions, except per share and percentage data)
| Fiscal Years Ended | ||||||||
|---|---|---|---|---|---|---|---|---|
| January 30, 2026 · January 31, 2025 · February 2, 2024 | ||||||||
| Current Earnings · Amount · % Sales · Amount · % Sales · Amount · % Sales | ||||||||
| Net sales | $86,286 | 100.00% | $83,674 | 100.00% | $86,377 | 100.00% | ||
| Cost of sales | 57,401 | 66.52 | 55,797 | 66.68 | 57,533 | 66.61 | ||
| Gross margin | 28,885 | 33.48 | 27,877 | 33.32 | 28,844 | 33.39 | ||
| Expenses: | ||||||||
| Selling, general and administrative | 16,791 | 19.46 | 15,682 | 18.74 | 15,570 | 18.02 | ||
| Depreciation and amortization | 1,941 | 2.25 | 1,729 | 2.07 | 1,717 | 1.99 | ||
| Operating income | 10,153 | 11.77 | 10,466 | 12.51 | 11,557 | 13.38 | ||
| Interest – net | 1,406 | 1.63 | 1,313 | 1.57 | 1,382 | 1.60 | ||
| Pre-tax earnings | 8,747 | 10.14 | 9,153 | 10.94 | 10,175 | 11.78 | ||
| Income tax provision | 2,093 | 2.43 | 2,196 | 2.63 | 2,449 | 2.83 | ||
| Net earnings | $6,654 | 7.71% | $6,957 | 8.31% | $7,726 | 8.95% | ||
| Basic earnings per common share | $11.87 | $12.25 | $13.23 | |||||
| Diluted earnings per common share | $11.85 | $12.23 | $13.20 | |||||
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