LOWLowe's
Is the business good?
The checks split: nothing decisive, though earnings fully cash-backed (1.2×).
Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is fully backed by cash.
Operating profit is falling even as sales grow, costs are outrunning the top line.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is LOW?
Lowe's earns 30% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 21 points above what the capital costs: growth creates value
- Operating margin
- 11%
Operating margin · Consumer Cyclical median 7.8% · 12 months to Q2 2026
- Cash conversion
- 1.19×
Cash conversion · 1.25× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- 0.00%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 11% |
| FY2021 | 13% |
| FY2022 | 10% |
| FY2023 | 13% |
| FY2024 | 13% |
| FY2025 | 12% |
Details›
- Gross margin12 months to Q2 2026
- 33%
- Operating margin12 months to Q2 2026
- 11%
- Net margin12 months to Q2 2026
- 7.3%
- Free cash flow margin
- 7.7%
- Revenue, trailing twelve months
- $90.4B
- Free cash flow, trailing twelve months
- $7.00B
- Net income, trailing twelve months
- $6.64B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 30%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from LOW and who it buys from, as the companies report it.
None disclosed.
- HLMNHillman Solutions Corp.21%
LOW is 21% of its revenue · FY2025 10-K
- SMGThe Scotts Miracle-Gro Company18%
LOW is 18% of its revenue · FY2025 10-K
- WHRWhirlpool Corporation15%
LOW is 15% of its revenue · FY2025 10-K
- SWKStanley Black & Decker12%
LOW is 12% of its revenue · FY2025 10-K
- FBINFortune Brands Innovations, Inc.11%
LOW is 11% of its revenue · FY2025 10-K
- UFPIUFP Industries, Inc.11%
LOW is 11% of its revenue · FY2025 10-K
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; LOW’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.
Consumer Cyclical
Ranks #79 of 298 by RyuScore