LOWES COMPANIES INC (LOW) closed fiscal year 2026 with a gross margin of 33.5 % and a net margin of 7.7 %.
LOWES COMPANIES INC (LOW) closed fiscal year 2026 with a gross margin of 33.5 % and a net margin of 7.7 %. The same year shows an EBITDA margin of 14.3 % and an EBIT margin of 11.8 %. The free cash flow margin was 8.9 %. Against the previous year the gross margin moved +0.2 pp and the net margin −0.6 pp. Across the period the gross margin ranges between 31.8 % in 2020 and 35.1 % in 2011. The series covers 19 fiscal years, from 2008 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: January
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 34.64 % | 34.21 % | 34.86 % | 35.14 % | 34.56 % | 34.30 % | 34.59 % | 34.79 % | 34.82 % | 33.34 % | 32.69 % | 32.12 % | 31.80 % | 33.01 % | 33.30 % | 33.23 % | 33.39 % | 33.32 % | 33.48 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | 11.34 % | 11.10 % | 11.44 % | 11.84 % | 7.89 % | 10.71 % | 12.55 % | 14.52 % | 12.51 % | 15.61 % | 14.86 % | 14.31 % |
| EBIT margin (%) | — | — | — | — | — | — | — | 8.52 % | 8.41 % | 8.99 % | 9.60 % | 5.63 % | 8.75 % | 10.77 % | 12.56 % | 10.47 % | 13.38 % | 12.51 % | 11.77 % |
| Net margin (%) | 5.82 % | 4.55 % | 3.78 % | 4.12 % | 3.66 % | 3.88 % | 4.28 % | 4.80 % | 4.31 % | 4.75 % | 5.02 % | 3.25 % | 5.93 % | 6.51 % | 8.77 % | 6.63 % | 8.94 % | 8.31 % | 7.71 % |
| FCF margin (%) | 0.70 % | 1.77 % | 4.78 % | 5.17 % | 5.02 % | 5.05 % | 5.94 % | 7.20 % | 6.07 % | 6.84 % | 5.74 % | 7.04 % | 3.90 % | 10.33 % | 8.58 % | 6.96 % | 7.15 % | 9.20 % | 8.87 % |
