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Gross Profit for Lowe's Companies (LOW)

According to Lowe's Companies's latest reported financial statements, the company's current gross profit (TTM) is $28.89B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$28.89B

YoY change

+10.5%

5Y CAGR

+0.5%

Peak year (2022)

$30.49B

Cumulative gross profit

$494.65B

Gross Profit history chart for Lowe's Companies (LOW) from 1985 to 2025

Gross Profit history table for Lowe's Companies (LOW) from 1985 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$28.89B+10.5%
2024$26.15B-3.6%
2023$27.13B-11.0%
2022$30.49B+0.3%
2021$30.39B+7.9%
2020$28.17B+29.9%
2019$21.68B+1.2%
2018$21.43B+1.9%
2017$21.03B+0.3%
2016$20.98B+9.9%
2015$19.09B+5.6%
2014$18.07B+6.2%
2013$17.01B+7.7%
2012$15.80B-0.4%
2011$15.87B+2.0%
2010$15.57B+4.8%
2009$14.85B-0.8%
2008$14.96B-2.6%
2007$15.36B+2.2%
2006$15.04B+8.9%
2005$13.81B+21.2%
2004$11.40B+18.6%
2003$9.61B+19.7%
2002$8.03B+26.0%
2001$6.37B+20.3%
2000$5.29B+20.8%
1999$4.38B+33.0%
1998$3.30B+22.5%
1997$2.69B+20.9%
1996$2.23B+26.0%
1995$1.77B+16.6%
1994$1.52B+40.2%
1993$1.08B+20.1%
1992$900.60M+22.5%
1991$735.20M+4.6%
1990$702.70M+8.7%
1989$646.30M+7.6%
1988$600.50M+2.8%
1987$584.00M+4.5%
1986$559.10M+9.2%
1985$512.20M

Gross Profit values are taken from Lowe's Companies's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

The 2025 reading of Lowe's Companies (LOW) gross profit is $28.89B – grew 10.5% year-over-year.

Across 2020–2025 (5 years), Lowe's Companies gross profit produced a CAGR of +0.5% – with the latest reading among the more recent periods of the dataset.

Between 2022 and 2025, Lowe's Companies gross profit declined 5.3%, falling from $30.49B to $28.89B.

The highest annual gross profit of $30.49B was reported in 2022. The lowest in the available history was $512.20M in 1985.

Within Consumer Cyclical, Lowe's Companies (LOW) ranks 5th among 8 peers we track. The peer median for gross profit is $40.89B.

Lowe's Companies Gross Profit by Year

Lowe's Companies Gross Profit 2025: $28.89B

Lowe's Companies gross profit in 2025 was $28.89B, grew 10.5% from 2024.

Lowe's Companies Gross Profit 2024: $26.15B

Lowe's Companies gross profit in 2024 was $26.15B, edged down 3.6% below 2023.

Lowe's Companies Gross Profit 2023: $27.13B

Lowe's Companies gross profit in 2023 was $27.13B, declined 11.0% below 2022.

Lowe's Companies Gross Profit 2022: $30.49B

Lowe's Companies gross profit in 2022 was $30.49B, edged up 0.3% from 2021. This figure represents the highest annual value in the available history.

Lowe's Companies Gross Profit 2021: $30.39B

Lowe's Companies gross profit in 2021 was $30.39B.

See more financial history for Lowe's Companies (LOW).

Sector peers — Gross Profit

Companies in the same sector as Lowe's Companies, ranked by their latest gross profit.

CompanyGross ProfitSector
Alibaba Group Holding Limited (BABA)$398.06BConsumer Cyclical
Amazon.com, Inc. (AMZN)$360.51BConsumer Cyclical
PDD Holdings Inc. (PDD)$236.42BConsumer Cyclical
The Home Depot, Inc. (HD)$54.87BConsumer Cyclical
Booking Holdings Inc. (BKNG)$26.92BConsumer Cyclical
The TJX Companies, Inc. (TJX)$18.69BConsumer Cyclical
Tesla, Inc. (TSLA)$17.09BConsumer Cyclical
McDonald's Corporation (MCD)$15.44BConsumer Cyclical

Frequently asked questions

What is Lowe's Companies's gross profit?

Latest reported gross profit for Lowe's Companies (LOW) is $28.89B (period ending January 30, 2026).

How has Lowe's Companies gross profit changed year-over-year?

Lowe's Companies (LOW) gross profit changed +10.5% year-over-year on the latest annual filing.

What is the long-term growth rate of Lowe's Companies gross profit?

Lowe's Companies (LOW) gross profit compound annual growth rate is +0.5% over the most recent 5 years available.

When did Lowe's Companies gross profit hit its highest annual value?

Lowe's Companies gross profit reached its highest annual value of $30.49B in 2022.

What was Lowe's Companies gross profit in 2024?

Lowe's Companies (LOW) gross profit in 2024 was $26.15B.

What was Lowe's Companies gross profit in 2025?

Lowe's Companies (LOW) gross profit in 2025 was $28.89B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.