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 .
Currently viewingGross ProfitSwitch metric
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 year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 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.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $236.42B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer 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.
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