Buyback yield (TTM)
0.35%
Shareholder yield (TTM)
2.40%
5Y share count change
-25.3%
Buyback spend (TTM)
$462.00M
Cumulative buybacks
$84.47B
Key takeaways
- Lowe's Companies (LOW) repurchased about $462.00M of stock over the trailing twelve months.
- Diluted share count is down 25.3% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 1.82× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -46.8% per year over the latest 5-year window.
- TTM repurchases used about 9% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Lowe's Companies (LOW)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Lowe's Companies (LOW)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Lowe's Companies (LOW)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Lowe's Companies (LOW)
Latest: $211.00M
Overview
In 2025, Lowe's Companies (LOW) buyback spend totalled $211.00M – plunged 94.8% year-over-year.
Through 2020–2025 (5 years), Lowe's Companies buyback spend delivered a -46.8% annualised rate; with a net decline across the window.
Between 2022 and 2025, Lowe's Companies buyback spend plunged 98.5%, falling from $14.12B to $211.00M.
The highest annual buyback spend of $14.12B was reported in 2022. The lowest in the available history was $0.00 in 1992.
Lowe's Companies Buyback Spend 2025: $211.00M
2025's buyback spend for Lowe's Companies came in at $211.00M, plunged 94.8% below 2024.
Lowe's Companies Buyback Spend 2024: $4.05B
Lowe's Companies posted buyback spend of $4.05B in 2024, plunged 34.0% below 2023.
Lowe's Companies Buyback Spend 2023: $6.14B
In 2023, Lowe's Companies reported buyback spend of $6.14B, plunged 56.5% below 2022.
Lowe's Companies Buyback Spend 2022: $14.12B
Lowe's Companies buyback spend in 2022 was $14.12B, grew 8.5% from 2021. This figure represents the highest annual value in the available history.
Lowe's Companies Buyback Spend 2021: $13.01B
Lowe's Companies buyback spend in 2021 was $13.01B.
See more financial history for Lowe's Companies (LOW).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $211.00M | $247.00M | −$36.00M | 0.14% | 0.56B | -1.3% | |
| 2024 | $4.05B | $221.00M | $3.83B | 2.77% | 0.57B | -2.8% | |
| 2023 | $6.14B | $210.00M | $5.93B | 5.02% | 0.58B | -7.4% | |
| 2022 | $14.12B | $224.00M | $13.90B | 11.25% | 0.63B | -9.7% | |
| 2021 | $13.01B | $230.00M | $12.78B | 8.15% | 0.70B | -6.8% | |
| 2020 | $4.97B | $155.00M | $4.82B | 4.15% | 0.75B | -3.6% | |
| 2019 | $4.31B | $98.00M | $4.21B | 4.86% | 0.78B | -4.2% | |
| 2018 | $3.04B | $74.00M | $2.96B | 3.94% | 0.81B | -3.3% | |
| 2017 | $3.19B | $99.00M | $3.09B | 3.68% | 0.84B | -4.7% | |
| 2016 | $3.60B | $90.00M | $3.50B | 5.67% | 0.88B | -5.2% | |
| 2015 | $3.92B | $117.00M | $3.81B | 5.94% | 0.93B | -6.2% | |
| 2014 | $3.90B | $119.00M | $3.79B | 5.98% | 0.99B | -6.7% | |
| 2013 | $3.71B | $100.00M | $3.61B | 7.74% | 1.06B | -7.9% | |
| 2012 | $4.39B | $100.00M | $4.29B | 10.37% | 1.15B | -9.5% | |
| 2011 | $2.94B | $107.00M | $2.83B | 8.86% | 1.27B | -9.3% | |
| 2010 | $2.62B | $115.00M | $2.50B | 7.77% | 1.40B | -4.2% | |
| 2009 | $504.00M | $102.00M | $402.00M | 1.57% | 1.46B | -0.3% | |
| 2008 | $8.00M | $0.00 | $8.00M | 0.03% | 1.47B | -2.8% | |
| 2007 | $2.27B | $0.00 | $2.27B | 5.92% | 1.51B | -3.6% | |
| 2006 | $1.74B | $0.00 | $1.74B | 3.39% | 1.57B | -2.6% | |
| 2005 | $774.00M | $0.00 | $774.00M | 1.56% | 1.61B | +0.1% | |
| 2004 | $1.00B | $0.00 | $1.00B | 2.24% | 1.61B | -1.6% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 1.63B | +1.8% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 1.60B | +0.8% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 1.59B | +2.1% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 1.56B | +1.4% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 1.54B | +2.2% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 1.50B | +2.0% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 1.47B | +7.8% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 1.37B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $1.90M | $0.00 | $1.90M | — | — | — | |
| 1990 | $26.50M | $0.00 | $26.50M | — | — | — | |
| 1989 | $6.00M | $0.00 | $6.00M | — | — | — |
- 2025$211.00M
- 2024$4.05B
- 2023$6.14B
- 2022$14.12B
- 2021$13.01B
- 2020$4.97B
- 2019$4.31B
- 2018$3.04B
- 2017$3.19B
- 2016$3.60B
- 2015$3.92B
- 2014$3.90B
- 2013$3.71B
- 2012$4.39B
- 2011$2.94B
- 2010$2.62B
- 2009$504.00M
- 2008$8.00M
- 2007$2.27B
- 2006$1.74B
- 2005$774.00M
- 2004$1.00B
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$0.00
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$1.90M
- 1990$26.50M
- 1989$6.00M
Buybacks vs stock-based compensation for Lowe's Companies (LOW)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 1.82×.
Buybacks vs dividends (share of cash returned) for Lowe's Companies (LOW)
How Lowe's Companies splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Lowe's Companies, ranked by their latest buyback spend.
| $6.44B | |
| $2.52B | |
| $2.06B | |
| $1.10B | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $6.44B
- $2.52B
- $2.06B
- $1.10B
- $0.00
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $4.95B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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