TTM
33.8%
YoY change
+2.23pp
Trough year (1992)
23.4%
Peak year (2025)
33.5%
Latest annual
33.5%
Gross Margin history chart for Lowe's Companies (LOW) from 1985 to 2025
Latest: 33.5%
Gross Margin change chart for Lowe's Companies (LOW) from 1985 to 2025
Latest: +2.23pp
Gross Margin history table for Lowe's Companies (LOW) from 1985 to 2025
| 2025 | 33.5% | +2.23pp | ||
| 2024 | 31.2% | -0.16pp | ||
| 2023 | 31.4% | -0.01pp | ||
| 2022 | 31.4% | -0.16pp | ||
| 2021 | 31.6% | +0.13pp | ||
| 2020 | 31.4% | +1.39pp | ||
| 2019 | 30.1% | -0.00pp | ||
| 2018 | 30.1% | -0.59pp | ||
| 2017 | 30.6% | -1.61pp | ||
| 2016 | 32.3% | -0.05pp | ||
| 2015 | 32.3% | +0.16pp | ||
| 2014 | 32.1% | +0.29pp | ||
| 2013 | 31.9% | +0.57pp | ||
| 2012 | 31.3% | -0.33pp | ||
| 2011 | 31.6% | -0.28pp | ||
| 2010 | 31.9% | +0.44pp | ||
| 2009 | 31.4% | +0.42pp | ||
| 2008 | 31.0% | -0.79pp | ||
| 2007 | 31.8% | -0.23pp | ||
| 2006 | 32.0% | +0.11pp | ||
| 2005 | 31.9% | +0.68pp | ||
| 2004 | 31.3% | +0.10pp | ||
| 2003 | 31.2% | +0.86pp | ||
| 2002 | 30.3% | +1.50pp | ||
| 2001 | 28.8% | +0.62pp | ||
| 2000 | 28.2% | +0.64pp | ||
| 1999 | 27.5% | +0.63pp | ||
| 1998 | 26.9% | +0.37pp | ||
| 1997 | 26.5% | +0.66pp | ||
| 1996 | 25.9% | +0.91pp | ||
| 1995 | 25.0% | +0.17pp | ||
| 1994 | 24.8% | +0.98pp | ||
| 1993 | 23.8% | +0.41pp | ||
| 1992 | 23.4% | -0.64pp | ||
| 1991 | 24.1% | -0.75pp | ||
| 1990 | 24.8% | +0.42pp | ||
| 1989 | 24.4% | +0.53pp | ||
| 1988 | 23.9% | -0.05pp | ||
| 1987 | 23.9% | -0.57pp | ||
| 1986 | 24.5% | -0.23pp | ||
| 1985 | 24.7% | — |
- 202533.5%+2.23pp
- 202431.2%-0.16pp
- 202331.4%-0.01pp
- 202231.4%-0.16pp
- 202131.6%+0.13pp
- 202031.4%+1.39pp
- 201930.1%-0.00pp
- 201830.1%-0.59pp
- 201730.6%-1.61pp
- 201632.3%-0.05pp
- 201532.3%+0.16pp
- 201432.1%+0.29pp
- 201331.9%+0.57pp
- 201231.3%-0.33pp
- 201131.6%-0.28pp
- 201031.9%+0.44pp
- 200931.4%+0.42pp
- 200831.0%-0.79pp
- 200731.8%-0.23pp
- 200632.0%+0.11pp
- 200531.9%+0.68pp
- 200431.3%+0.10pp
- 200331.2%+0.86pp
- 200230.3%+1.50pp
- 200128.8%+0.62pp
- 200028.2%+0.64pp
- 199927.5%+0.63pp
- 199826.9%+0.37pp
- 199726.5%+0.66pp
- 199625.9%+0.91pp
- 199525.0%+0.17pp
- 199424.8%+0.98pp
- 199323.8%+0.41pp
- 199223.4%-0.64pp
- 199124.1%-0.75pp
- 199024.8%+0.42pp
- 198924.4%+0.53pp
- 198823.9%-0.05pp
- 198723.9%-0.57pp
- 198624.5%-0.23pp
- 198524.7%—
Gross Margin values are taken from Lowe's Companies's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Lowe's Companies (LOW)
According to Lowe's Companies's latest reported financial statements, the company's latest reported gross margin is 33.8%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Lowe's Companies (LOW) most recent annual gross margin stands at 33.48% (2025) – expanded 2.2 percentage points year-over-year.
Across the available history, gross margin reached its high of 33.48% in 2025 and its low of 23.41% in 1992.
Lowe's Companies Gross Margin by Year
Lowe's Companies Gross Margin 2025: 33.5%
Lowe's Companies gross margin in 2025 was 33.48%, expanded 2.2 percentage points from 2024. This figure represents the highest annual value in the available history.
Lowe's Companies Gross Margin 2024: 31.2%
2024's gross margin for Lowe's Companies came in at 31.25%, contracted 0.2 percentage points from 2023.
Lowe's Companies Gross Margin 2023: 31.4%
Lowe's Companies posted gross margin of 31.41% in 2023, contracted 0.0 percentage points from 2022.
Lowe's Companies Gross Margin 2022: 31.4%
In 2022, Lowe's Companies reported gross margin of 31.41%, contracted 0.2 percentage points from 2021.
Lowe's Companies Gross Margin 2021: 31.6%
Lowe's Companies gross margin in 2021 was 31.58%.
See more financial history for Lowe's Companies (LOW).
Sector peers by Gross Margin
Consumer Cyclical peers of Lowe's Companies (LOW), ranked by their latest gross margin
| 100.0% | |
| 57.4% | |
| 56.0% | |
| 50.6% | |
| 39.8% | |
| 33.1% | |
| 31.4% | |
| 19.1% |
- 100.0%
- 57.4%
- 56.0%
- 50.6%
- 39.8%
- 33.1%
- 31.4%
- 19.1%
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