Lowe's Companies
Financial ratios & Valuation

Forward Multiples (2026 – 2029)

2026202620262027202720272028202820292029
Price/Earnings ratio
18.7919.0816.2117.6317.5415.9515.2615.3813.9114.05
Price/Sales ratio
1.961.961.861.901.901.851.851.841.791.77
Earnings per Share (EPS)
$13.56$13.36$15.72$14.45$14.53$15.98$16.70$16.57$18.32$18.14

Historical Multiples (2010 – 2022)

2010 2011 2012 2016 2017 2019 2020 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
19.4617.6319.4426.0920.8634.0321.0919.3720.5420.86
Price/Sales ratio
0.730.720.711.120.991.101.251.691.671.12
Price/Book Value ratio
1.821.952.168.6710.0221.6145.80-33.96-10.4910.02
Price/Cash Flow ratio
8.569.208.2213.8811.4812.7121.0216.1714.3313.88
Price/Free Cash Flow ratio
15.3914.0514.1818.5114.4915.6932.1119.8017.9217.92
Price/Earnings Growth ratio
-1.061.0027.6035.350.75-1.120.220.34-27.570.75
Dividend Yield
1.12%1.61%1.80%1.44%1.73%1.84%1.79%1.21%1.81%1.44%
Profitability Indicator Ratios
Gross Profit Margin
34.86%35.13%34.55%34.82%34.55%32.12%31.79%33.30%32.17%34.55%
Operating Profit Margin
5.98%6.61%6.52%8.41%8.99%5.63%8.75%12.56%12.42%8.41%
Pretax Profit Margin
5.98%6.61%5.78%7.48%7.99%4.75%7.79%11.64%10.73%7.48%
Net Profit Margin
3.77%4.11%3.66%4.30%4.75%3.24%5.93%8.77%8.18%4.30%
Effective Tax Rate
36.88%37.73%36.71%42.38%40.53%31.82%23.86%24.67%23.76%40.53%
Return on Assets
5.40%5.96%5.47%8.14%8.98%6.70%10.84%18.91%15.31%8.14%
Return On Equity
9.35%11.09%11.12%33.26%48.04%63.50%217.08%-175.29%-48.22%48.04%
Return on Capital Employed
11.01%12.14%12.76%23.92%26.05%20.07%25.99%48.42%41.12%23.92%
Liquidity Ratios
Current Ratio
1.321.401.27N/AN/AN/AN/AN/A1.13N/A
Quick Ratio
0.140.150.160.100.120.110.140.120.220.10
Cash ratio
0.080.090.120.030.040.030.040.050.160.03
Days of Sales Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Inventory outstanding
97.8995.9292.8189.6589.7094.7297.76100.10112.9089.65
Operating Cycle
97.8995.9292.8189.6589.7094.7297.76100.10112.9089.65
Days of Payables Outstanding
50.8750.1548.3453.3957.0462.4356.8164.5568.1453.39
Cash Conversion Cycle
47.0145.7644.4636.2532.6532.2940.9435.5444.7636.25
Debt Ratios
Debt Ratio
0.420.460.500.400.450.470.480.550.790.40
Debt Equity Ratio
0.730.861.021.652.444.459.79-5.15-2.642.44
Long-term Debt to Capitalization
0.190.260.290.600.690.790.891.261.680.60
Total Debt to Capitalization
0.210.260.310.620.700.810.901.241.600.62
Interest Coverage Ratio
9.299.387.70N/AN/AN/AN/AN/A7.26N/A
Cash Flow to Debt Ratio
0.790.580.570.370.350.380.220.400.270.35
Company Equity Multiplier
1.731.862.024.085.349.4620.01-9.26-3.335.34
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.080.070.080.080.080.080.050.100.110.08
Free Cash Flow / Operating Cash Flow Ratio
0.550.650.570.740.790.810.650.810.790.74
Cash Flow Coverage Ratio
0.790.580.570.370.350.380.220.400.270.35
Short Term Coverage Ratio
7.341077.344.334.303.381.696.723.814.30
Dividend Payout Ratio
21.92%28.40%35.18%37.58%36.26%62.87%37.79%23.50%37.18%36.26%