Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 18 million customers a week in the United States and Canada. With fiscal year 2019 sales of $72.1 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.
Company profile
Ticker
LOW
Exchange
Website
CEO
Marvin Ellison
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Lowe’s Home Centers, LLC • Lowe’s Holding Canada, ULC ...
IRS number
560578072
LOW stock data
Analyst ratings and price targets
Latest filings (excl ownership)
424B5
Prospectus supplement for primary offering
28 Mar 23
10-K
2022 FY
Annual report
27 Mar 23
8-K
Lowe’s Reports Fourth Quarter 2022 Sales and Earnings Results
1 Mar 23
8-K
Entry into a Material Definitive Agreement
23 Jan 23
8-K
Lowe’s Outlines Next Chapter of Total Home Strategy to Fuel Long-Term Growth
7 Dec 22
10-Q
2022 Q3
Quarterly report
23 Nov 22
8-K
Amendments to Articles of Incorporation or Bylaws
16 Nov 22
8-K
Lowe’s Reports Third Quarter 2022 Sales and Earnings Results
16 Nov 22
8-K
Lowe’s Announces Sale of Canadian Retail Business to Sycamore Partners
3 Nov 22
UPLOAD
Letter from SEC
17 Oct 22
Transcripts
LOW
Earnings call transcript
2022 Q4
1 Mar 23
LOW
Earnings call transcript
2022 Q3
16 Nov 22
LOW
Earnings call transcript
2022 Q2
17 Aug 22
LOW
Earnings call transcript
2022 Q1
18 May 22
LOW
Earnings call transcript
2021 Q4
23 Feb 22
LOW
Earnings call transcript
2021 Q3
17 Nov 21
LOW
Earnings call transcript
2021 Q2
18 Aug 21
LOW
Earnings call transcript
2021 Q1
19 May 21
LOW
Earnings call transcript
2020 Q4
24 Feb 21
LOW
Earnings call transcript
2020 Q3
18 Nov 20
Latest ownership filings
Financial summary
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| Diluted EPS |
| Annual (USD) | Feb 23 | Jan 22 | Jan 21 | Jan 20 | |
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| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.35 bn | 1.35 bn | 1.35 bn | 1.35 bn | 1.35 bn | 1.35 bn |
| Cash burn (monthly) | 614.67 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 1.13 bn | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 221.99 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 0.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
72.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 2211 |
| Opened positions | 257 |
| Closed positions | 148 |
| Increased positions | 729 |
| Reduced positions | 899 |
| 13F shares | Current |
|---|---|
| Total value | 89.06 tn |
| Total shares | 447.75 mm |
| Total puts | 7.19 mm |
| Total calls | 6.97 mm |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 54.15 mm | $10.79 tn |
| BLK Blackrock | 44.53 mm | $8.87 tn |
| STT State Street | 25.63 mm | $5.11 tn |
| FMR | 22.80 mm | $4.54 tn |
| JPM JPMorgan Chase & Co. | 17.55 mm | $3.50 tn |
| MS Morgan Stanley | 11.69 mm | $2.33 tn |
| WFC Wells Fargo & Co. | 11.13 mm | $2.22 tn |
| Geode Capital Management | 10.96 mm | $2.19 tn |
| Pershing Square Capital Management | 10.37 mm | $2.07 tn |
| BAC Bank Of America | 9.87 mm | $1.97 tn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 Mar 23 | Boltz William P | Performance Share Units Common Stock | Grant | Acquire A | No | No | 0 | 36,982 | 0.00 | 36,982 |
| 23 Mar 23 | Janice Dupre Little | Performance Share Units Common Stock | Grant | Acquire A | No | No | 0 | 18,332 | 0.00 | 18,332 |
| 23 Mar 23 | Ellison Marvin R | Performance Share Units Common Stock | Grant | Acquire A | No | No | 0 | 110,894 | 0.00 | 110,894 |
| 23 Mar 23 | Godbole Seemantini | Performance Share Units Common Stock | Grant | Acquire A | No | No | 0 | 25,218 | 0.00 | 25,218 |
| 23 Mar 23 | Frieson Donald | Performance Share Units Common Stock | Grant | Acquire A | No | No | 0 | 23,502 | 0.00 | 23,502 |
News
What 10 Analyst Ratings Have To Say About Lowe's Companies
21 Mar 23
Loop Capital Maintains Hold on Lowe's Companies, Raises Price Target to $205
21 Mar 23
Creative 29-Year-Old Makes $22K A Month Working 'Less Than 2 Hours A Day'
21 Mar 23
(LOW) - Analyzing Lowe's Companies's Short Interest
20 Mar 23
Insiders Selling Lowe's Companies And 2 Other Stocks
17 Mar 23
Press releases
Lowe's Unlocks Homeowners' Gardening Potential this Spring with Expert Advice, Values and New Customer Experiences
27 Mar 23
LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND
24 Mar 23
LOWE'S 'INTO THE BLUE: PRODUCT PITCH EVENT' RETURNS, INVITING ENTREPRENEURS AND BUSINESS OWNERS TO APPLY FOR OPPORTUNITY TO BECOME LOWE'S SUPPLIERS
6 Mar 23
Thinking about trading options or stock in Salesforce, Snowflake, Microsoft, Costco, or Lowe's?
2 Mar 23
The Lowe's Foundation Announces $50 Million Gable Grants Program to Help Meet Growing Demand for Skilled Tradespeople
2 Mar 23