Lowe's Companies, Inc. (LOW) Key Metrics
LOW valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $110.74B
- Enterprise value
- $147.80B
- P/E (TTM)
- 16.7 10-yr median 21.2
- Forward P/E
- 15.6
- PEG ratio
- 1.31
- Price / sales
- 1.2 10-yr median 1.4
- Price / book
- 321.8 10-yr median 21.4
- EV / EBITDA
- 11.5 10-yr median 14.1
- Dividend yield
- 2.53% $5.00 a year
- Beta
- 0.88
LOW key metrics, FY2017–FY2026
Fiscal year ended January 31, 2026 · U.S. dollarsLOW valuation Price multiples at each fiscal year-end price.
LOW returns How much profit the business earns on the capital it uses.
LOW per-share figures Results divided by the shares outstanding at year-end.
LOW financial health Debt, liquidity and how easily interest is covered.
LOW efficiency & capital use Working capital cycle and where the cash goes.
LOW valuation history
LOW returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LOW debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LOW cash returned to shareholders
LOW price vs earnings per share
LOW key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $149.55B | $147.56B | $124.30B | $131.41B | $165.91B | $125.14B | $90.43B | $78.08B | $87.97B | $64.38B |
| Enterprise value | $192.88B | $185.11B | $163.22B | $167.67B | $193.89B | $146.15B | $113.31B | $93.58B | $104.14B | $79.42B |
| P/E ratio | 22.5 | 21.2 | 16.1 | 20.4 | 19.7 | 21.4 | 21.1 | 33.7 | 25.5 | 20.8 |
| Price / sales | 1.7 | 1.8 | 1.4 | 1.4 | 1.7 | 1.4 | 1.3 | 1.1 | 1.3 | 1.0 |
| Price / book | — | — | — | — | — | 87.1 | 45.9 | 21.4 | 15.0 | 10.0 |
| Price / free cash flow | 19.5 | 19.2 | 20.1 | 19.4 | 20.1 | 13.5 | 32.2 | 15.6 | 22.3 | 14.5 |
| Price / operating cash flow | 15.2 | 15.3 | 15.3 | 15.3 | 16.4 | 11.3 | 21.1 | 12.6 | 17.4 | 11.5 |
| EV / sales | 2.2 | 2.2 | 1.9 | 1.7 | 2.0 | 1.6 | 1.6 | 1.3 | 1.5 | 1.2 |
| EV / EBITDA | 15.5 | 14.7 | 12.0 | 13.8 | 13.9 | 14.3 | 14.6 | 16.6 | 13.6 | 10.7 |
| EV / free cash flow | 25.2 | 24.0 | 26.4 | 24.8 | 23.5 | 15.8 | 40.3 | 18.6 | 26.4 | 17.8 |
| Earnings yield | 4.4% | 4.7% | 6.2% | 4.9% | 5.1% | 4.7% | 4.7% | 3.0% | 3.9% | 4.8% |
| Free cash flow yield | 5.1% | 5.2% | 5.0% | 5.1% | 5.0% | 7.4% | 3.1% | 6.4% | 4.5% | 6.9% |
| Dividend yield | 1.8% | 1.7% | 2.0% | 1.8% | 1.2% | 1.4% | 1.8% | 1.9% | 1.5% | 1.7% |
| Shareholder yield (dividends + buybacks) | 1.9% | 4.5% | 7.0% | 12.6% | 9.0% | 5.3% | 6.6% | 5.8% | 5.1% | 7.3% |
| Share price at fiscal year-end | $267.06 | $260.04 | $212.84 | $208.25 | $237.35 | $166.85 | $116.24 | $96.16 | $104.73 | $73.08 |
| Per share | ||||||||||
| Revenue per share | $154.08 | $147.45 | $147.91 | $153.82 | $137.70 | $119.46 | $92.74 | $87.82 | $81.69 | $73.80 |
| Earnings per share | $11.88 | $12.26 | $13.23 | $10.20 | $12.08 | $7.78 | $5.50 | $2.85 | $4.10 | $3.51 |
| Operating cash flow per share | $17.61 | $16.96 | $13.94 | $13.61 | $14.47 | $14.73 | $5.52 | $7.63 | $6.03 | $6.38 |
| Free cash flow per share | $13.66 | $13.57 | $10.58 | $10.71 | $11.82 | $12.34 | $3.61 | $6.18 | $4.69 | $5.05 |
| Cash per share | $2.41 | $3.76 | $2.10 | $2.74 | $2.01 | $6.93 | $1.13 | $0.90 | $0.82 | $0.75 |
| Book value per share | −$17.71 | −$25.08 | −$25.77 | −$22.59 | −$6.89 | $1.92 | $2.53 | $4.49 | $6.99 | $7.30 |
| Tangible book value per share | −$35.30 | −$26.11 | −$25.77 | −$23.56 | −$8.08 | $1.09 | $1.81 | $3.74 | $3.88 | $4.85 |
| Dividends per share | $4.71 | $4.52 | $4.33 | $3.76 | $2.84 | $2.27 | $2.08 | $1.79 | $1.53 | $1.27 |
| Capex per share | $3.95 | $3.40 | $3.36 | $2.90 | $2.65 | $2.39 | $1.91 | $1.45 | $1.34 | $1.32 |
| Debt per share | $79.78 | $69.92 | $68.74 | $60.21 | $42.04 | $34.95 | $30.53 | $19.98 | $20.07 | $17.82 |
| Shares outstanding | 560.0M | 567.5M | 584.0M | 631.0M | 699.0M | 750.0M | 778.0M | 812.0M | 840.0M | 881.0M |
| Change in shares outstanding | −1.3% | −2.8% | −7.4% | −9.7% | −6.8% | −3.6% | −4.2% | −3.3% | −4.7% | −5.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | — | — | — | 342.3% | 152.5% | 48.6% | 56.0% | 43.9% |
| Return on invested capital (ROIC) | 27.2% | 33.7% | 38.3% | 32.0% | 39.9% | 30.8% | 21.9% | 13.3% | 19.0% | 16.9% |
| Return on assets (ROA) | 13.5% | 15.8% | 17.4% | 14.1% | 17.8% | 13.1% | 11.3% | 6.6% | 9.9% | 9.3% |
| Return on tangible assets | 15.0% | 15.8% | 17.8% | 14.4% | 18.6% | 12.2% | 10.6% | 6.8% | 10.5% | 9.6% |
| Free cash flow margin | 8.9% | 9.2% | 7.2% | 7.0% | 8.6% | 10.3% | 3.9% | 7.0% | 5.7% | 6.8% |
| Income quality (OCF / net income) | 1.48 | 1.38 | 1.05 | 1.33 | 1.20 | 1.89 | 1.00 | 2.68 | 1.47 | 1.82 |
| Financial health | ||||||||||
| Total debt | $44.68B | $39.68B | $40.15B | $37.99B | $29.38B | $26.21B | $23.75B | $16.22B | $16.86B | $15.70B |
| Cash & short-term investments | $1.35B | $2.13B | $1.23B | $1.73B | $1.40B | $5.20B | $876.0M | $729.0M | $690.0M | $658.0M |
| Net debt | $43.33B | $37.55B | $38.92B | $36.26B | $27.98B | $21.02B | $22.87B | $15.49B | $16.17B | $15.04B |
| Debt / equity | — | — | — | — | — | 18.24 | 12.04 | 4.45 | 2.87 | 2.44 |
| Debt / assets | 0.83 | 0.89 | 0.93 | 0.84 | 0.63 | 0.54 | 0.58 | 0.47 | 0.48 | 0.46 |
| Net debt / EBITDA | 3.47 | 2.98 | 2.87 | 2.98 | 2.00 | 2.06 | 2.95 | 2.74 | 2.11 | 2.02 |
| Current ratio | 1.08 | 1.09 | 1.23 | 1.10 | 1.02 | 1.19 | 1.01 | 0.98 | 1.06 | 1.00 |
| Quick ratio | 0.19 | 0.16 | 0.14 | 0.15 | 0.12 | 0.33 | 0.14 | 0.11 | 0.11 | 0.13 |
| Interest coverage | 6.6 | 7.1 | 7.8 | 8.9 | 14.1 | 11.1 | 8.8 | 6.2 | 10.1 | 8.9 |
| Working capital | $1.49B | $1.60B | $3.50B | $1.93B | $392.0M | $3.60B | $136.0M | −$269.0M | $676.0M | $26.0M |
| Invested capital | $33.41B | $23.31B | $23.87B | $22.01B | $23.16B | $22.45B | $24.85B | $19.14B | $22.04B | $21.48B |
| Tangible asset value | −$19.77B | −$14.82B | −$15.05B | −$14.87B | −$5.65B | $815.0M | $1.41B | $3.04B | $3.26B | $4.27B |
| Net current asset value | −$43.11B | −$38.45B | −$39.34B | −$38.09B | −$31.09B | −$24.53B | −$23.70B | −$16.77B | −$16.65B | −$15.97B |
| Graham number | — | — | — | — | — | $18.31 | $17.71 | $16.96 | $25.41 | $24.01 |
| Graham net-net per share | −$95.07 | −$84.40 | −$83.44 | −$77.21 | −$58.64 | −$43.53 | −$40.56 | −$29.54 | −$27.42 | −$25.07 |
| Capital allocation | ||||||||||
| Dividends paid | $2.64B | $2.57B | $2.53B | $2.37B | $1.98B | $1.70B | $1.62B | $1.46B | $1.29B | $1.12B |
| Share buybacks (net) | $211.0M | $4.05B | $6.14B | $14.12B | $13.01B | $4.97B | $4.31B | $3.04B | $3.19B | $3.60B |
| Dividend payout ratio | 39.6% | 36.9% | 32.8% | 36.8% | 23.5% | 29.2% | 37.8% | 62.9% | 37.4% | 36.3% |
| Dividends + buybacks / free cash flow | 37.2% | 86.0% | 140.4% | 244.0% | 181.5% | 72.1% | 210.9% | 89.5% | 113.6% | 106.0% |
| Capex / revenue | 2.6% | 2.3% | 2.3% | 1.9% | 1.9% | 2.0% | 2.1% | 1.6% | 1.6% | 1.8% |
| Capex / operating cash flow | 22.4% | 20.0% | 24.1% | 21.3% | 18.3% | 16.2% | 34.5% | 19.0% | 22.2% | 20.8% |
| Capex / depreciation | 1.01 | 0.98 | 1.02 | 0.92 | 0.98 | 1.12 | 1.05 | 0.73 | 0.73 | 0.73 |
| Stock-based compensation / revenue | 0.3% | 0.3% | 0.2% | 0.2% | 0.2% | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% |
| SG&A / revenue | 19.5% | 18.5% | 18.0% | 20.9% | 19.0% | 20.7% | 21.3% | 24.4% | 22.4% | 23.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 2.5 | 0.4 | — | -0.6 | 2.2 | 5.0 | — | — | — | — |
| Days of inventory on hand | 110.4 | 112.2 | 112.4 | 101.8 | 96.1 | 89.3 | 95.5 | 90.3 | 86.3 | 83.9 |
| Days payables outstanding | 60.6 | 58.9 | 61.0 | 61.6 | 63.2 | 56.4 | 59.1 | 56.1 | 52.3 | 51.7 |
| Cash conversion cycle (days) | 52.3 | 53.8 | — | 39.6 | 35.1 | 37.9 | — | — | — | — |
| Receivables turnover | 145.75 | 890.15 | — | — | 166.52 | 73.32 | — | — | — | — |
| Payables turnover | 6.03 | 6.20 | 5.98 | 5.92 | 5.77 | 6.47 | 6.17 | 6.51 | 6.98 | 7.06 |
| Inventory turnover | 3.31 | 3.25 | 3.25 | 3.59 | 3.80 | 4.09 | 3.82 | 4.04 | 4.23 | 4.35 |
| Asset turnover | 1.75 | 1.90 | 1.95 | 2.12 | 2.03 | 2.01 | 1.91 | 2.04 | 1.97 | 1.96 |
| Average receivables | $592.0M | $94.0M | — | −$158.5M | $578.0M | $1.22B | — | — | — | — |
| Average payables | $9.53B | $9.00B | $9.61B | $10.94B | $11.12B | $9.27B | $7.97B | $7.43B | $6.62B | $6.14B |
| Average inventory | $17.35B | $17.15B | $17.71B | $18.07B | $16.90B | $14.69B | $12.87B | $11.98B | $10.93B | $9.96B |
| Intangibles / total assets | 18.2% | 1.3% | 0.0% | 1.4% | 1.8% | 1.3% | 1.4% | 1.7% | 7.4% | 6.3% |
Computed from LOW's annual financial statements (latest annual report filed March 23, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
LOW valuation and financial ratios
At the end of fiscal 2026 (January 31, 2026), Lowe's traded at 22.5 times earnings, against a 10-year median of 21.2. Based on the latest twelve months, the trailing P/E is 16.7 and the forward P/E is 15.6. Lowe's earned a return on invested capital of 27.2% in fiscal 2026. It ended the year with $44.7 billion of debt and $1.4 billion in cash and short-term investments, net debt of $43.3 billion. It returned $2.8 billion to shareholders: $2.6 billion in dividends and $211.0 million in share buybacks, 37% of free cash flow. The share count fell 36.4% from 881.0M to 560.0M over 9 years.
See the LOW income statement, the LOW chart for price history, or the LOW stock overview for the latest quote and news.
LOW key metrics FAQ
What is Lowe's's P/E ratio?
Lowe's's trailing P/E ratio is 16.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 15.6. At the end of fiscal 2026 it was 22.5, compared with a 10-year median of 21.2.
What is Lowe's's EV/EBITDA?
Lowe's's enterprise value was 15.5 times EBITDA at the end of fiscal 2026 (enterprise value $192.9 billion, EBITDA $12.5 billion); the current EV/EBITDA is 11.5.
What is Lowe's's ROIC?
Lowe's's return on invested capital was 27.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Lowe's have?
Lowe's had total debt of $44.7 billion at the end of fiscal 2026 and $43.3 billion of net debt (3.47 times EBITDA).
What is Lowe's's dividend yield?
Lowe's's forward dividend yield is 2.53%. Lowe's paid $2.6 billion in dividends in fiscal 2026 ($4.71 per share), a payout ratio of 39.6%.
Does Lowe's buy back its shares?
Yes. Lowe's spent $211.0 million on net share repurchases in fiscal 2026 Shares outstanding changed −1.3% over the year, to 560.0M..
What is Lowe's's free cash flow yield?
Lowe's generated $7.7 billion of free cash flow in fiscal 2026, a free cash flow yield of 5.1% on its market value at year-end ($149.6 billion).
What is Lowe's's current ratio?
Lowe's's current ratio was 1.08 at the end of fiscal 2026: current assets were 1.08 times current liabilities.