Lowes Companies LOW

NYSE · Retail-Lumber & Other Building Materials Dealers · $128.6B
$227.24−0.93%Nov 5 close · Databento
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LOW Wire Story Reactions & EOD Technical StudyDaily closes (Databento EOD) pinned with every AlgoThesis Wire story (dot colour = next trading day close) and SEC filing
Nov 5, 2026CLOSE $227.241D −0.93%3M +3.82%SMA20 $201.75SMA50 $196.79RSI(14) 72.1
227.24
RSI (14, Wilder EOD) · 70 Overbought / 30 OversoldRSI 72.1

Data provided by Databento (end of day). Next close = the first close after a story against the close before it; official daily closes only, not a call, not advice.

1 story has a settled next close so far (1 on the Wire). The record starts speaking at three.

The numbers

fiscal 2026, as filed with the SEC · 66-metric EOD snapshot via Databento
Market cap$128.6B
EV / True FCF22.7x
Revenue$86.3B +3.1%
True FCF (ex-SBC)$7.4B −0.6%
Rule of 4012.0%
ROIC26.2%
True FCF Yield5.8%
EPS, diluted$11.85 −3.1%
Modern Valuation (EOD)
Market Cap$128.6B
Enterprise Value$168.0B
EV / True FCF22.69
EV / FCF21.96
EV / Gross Profit5.82
EV / EBIT16.55
EV / Sales1.95
P / E (GAAP)19.33
P / FCF16.81
P / Oper. CF13.04
P / Book—
Owner & Cash Yields
True FCF Yield5.8%
FCF Yield5.9%
Owner Earn. Yield5.0%
Earnings Yield5.2%
Shareholder Yield+2.0%
Buyback Yield0.2%
Dividend Yield2.09%
Dividend / sh$4.75
Payout Ratio40%
FCF / sh$13.64
EPS (diluted)$11.85
Compounder & Returns
Rule of 4012.0%
ROIC26.2%
Cash ROIC (CROIC)26.0%
GP / Assets53.3%
ROE-67.1%
ROA12.3%
Gross Margin33.5%
Oper. Margin11.8%
Net Margin7.7%
FCF Margin8.9%
True FCF Margin8.6%
Quality & Dilution
Cash Conversion115%
Accrual Ratio−5.9%
SBC % of FCF3.2%
SBC % of Rev0.3%
Reinvest. Rate22%
Sales Growth Y/Y+3.1%
Sales 3Y CAGR−3.8%
EPS Growth Y/Y−3.1%
FCF Growth Y/Y−0.6%
FCF 3Y CAGR+4.2%
Share Change Y/Y−1.4%
Balance Sheet & Scale
Revenue (FY)$86.3B
Gross Profit (FY)$28.9B
Oper. Income (FY)$10.2B
GAAP Net Income$6.7B
True FCF (ex-SBC)$7.4B
Cash & Equiv$982.0M
Total Debt$40.4B
Net Cash (Debt)$-39.4B
Net Cash % MCap−30.6%
Debt / FCF (yrs)5.3y
Current Ratio1.08561.05M sh
Price & Technicals (EOD)
Perf Week+9.63%
Perf Month+25.17%
Perf Quarter+1.74%
Perf Half Y−1.58%
Perf YTD−10.28%
SMA 20 Dist+12.63%$201.75
SMA 50 Dist+15.48%$196.79
SMA 100 Dist+10.23%$206.15
Window High−10.28%$253.29
Window Low+26.60%$179.50
RSI (14) · Vol72.141%v
Income Distribution & Cash Flow ConversionHow every dollar of LOW revenue flows through cost of goods, operating expenses, taxes, GAAP net income, and dilution-adjusted free cash flow
REVENUE · 100%$86.3BGROSS PROFIT · 33.5%$28.9BCOST OF REV · 66.5%$57.4BOPER. INCOME · 11.8%$10.2BOPEX · 21.7%$18.7B · SG&A $16.8BNET INCOME · 7.7%$6.7BTAX & OTHER · 4.1%$3.5B
Where Every $100 of Revenue Goes (FY2026)
Cost of Revenue (COGS)$57.4B ($66.5 / $100)
SG&A & Other OpEx$18.7B ($21.7 / $100)
Tax & Non-Operating$3.5B ($4.1 / $100)
Net Profit Kept$6.7B ($7.7 / $100)
Earnings Quality: GAAP Profit → True Owner Cash (FY2026)
GAAP Net Income$6.7B (7.7% margin)
Operating Cash Flow (OCF)$9.9B(11.4% of rev)
Less: Capital Expenditures−$2.2B(2.6% of rev)
Standard Free Cash Flow (FCF)$7.7B(8.9% margin)
Less: Stock-Based Comp (SBC)−$247.0M(3.2% of FCF)
True FCF (Owner Cash ex-SBC)$7.4B(8.6% of rev)

Operating leverage — margins

GrossOperatingNet
0%40%80%33%12%8%FY22FY23FY24FY25FY26
Unlocked SEC EDGAR Accounting Statements (USD)All 3 statements · Common-size (% of Revenue / Assets) · YoY growth · Tap any core row to explain
Line Item (USD)FY2022FY2023FY2024FY2025FY2026YoY Δ4Y CAGRTrend
Income Statement
Cost of Revenue (COGS)$64.2B$64.8B$57.5B$55.8B$57.4B+2.9%−2.8%
Selling, General & Admin (SG&A)$18.3B$20.3B$15.6B$15.7B$16.8B+7.1%−2.1%
Total Operating Expenses$20.0B$22.1B$17.3B$17.4B$18.7B+7.6%−1.6%
Interest Expense————$332.0M——
Income Tax Expense$2.8B$2.6B$2.4B$2.2B$2.1B−4.7%−6.7%
Diluted Shares699.0M631.0M584.0M568.0M560.0M−1.4%−5.4%
Balance Sheet
Cash & Equivalents$1.1B$1.3B$921.0M$1.8B$982.0M−44.2%−3.5%
Inventory$17.6B$18.5B$16.9B$17.4B$17.3B−0.6%−0.4%
Total Current Assets$20.1B$21.4B$19.1B$20.4B$21.0B+2.9%+1.1%
Total Assets$44.6B$43.7B$41.8B$43.1B$54.1B+25.6%+4.9%
Total Current Liabilities$19.7B$19.5B$15.6B$18.8B$19.5B+3.8%−0.3%
Total Debt (Short + Long Term)$24.8B$33.8B$36.3B$35.9B$40.4B+12.5%+12.9%
Total Liabilities$49.5B$58.0B$56.8B$57.3B$64.1B+11.7%+6.7%
Stockholders' Equity$-4.8B$-14.3B$-15.1B$-14.2B$-9.9B+30.3%—
Net Cash / (Net Debt)$-23.7B$-32.5B$-35.4B$-34.1B$-39.4B−15.5%—
Invested Capital$18.9B$18.2B$20.4B$19.9B$29.5B+48.3%+11.8%
Cash Flow & Capital Allocation
Depreciation & Amortization (D&A)$1.9B$2.0B$1.9B$2.0B$2.2B+11.3%+3.9%
Stock-Based Compensation (SBC)$230.0M$223.0M$210.0M$221.0M$247.0M+11.8%+1.8%
Capital Expenditures (CapEx)$1.9B$1.8B$2.0B$1.9B$2.2B+14.8%+4.5%
True FCF (ex-SBC Owner Cash)$8.0B$6.5B$6.0B$7.5B$7.4B−1.0%−2.0%
Share Repurchases (Buybacks)$13.0B$14.1B$6.1B$4.1B$211.0M−94.8%−64.3%
Dividends Paid$2.0B$2.4B$2.5B$2.6B$2.6B+2.7%+7.4%

Fundamentals, income distribution and multi-year statements from SEC EDGAR filings (public domain). Valuation multiples, performance and technicals computed from Databento 1D EOD closes. For information only, not investment advice.

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