Lowe's Companies Inc
- Industry
- Retail
- Exchange
- US
- Country
- USA
- IPO date
- Jul 1, 1985
- Employees
- 167,000
- Website
- corporate.lowes.com
Composite valuation range · conservative $160–$185 / fair $185–$240 / optimistic $280–$320. At $211.55, Within the fair intrinsic-value range.
At publication $215.03 (May 25, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and Canada. It provides a line of products for construction, maintenance, repair, remodeling, and decorating. The company also offers home improvement products, such as appliances, seasonal and outdoor living, lumber, lawn and garden, kitchens and bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, flooring, and décor. In addition, it provides installation services through independent contractors in various product categories; and extended protection plans and repair services. Further, the company provides design, distribution, and installation services for interior surface finishes to home builders and property managers. It sells its national brand-name merchandise and private brand products to professional customers, individual homeowners, and renters. The company serves its products through Lowes.com website, mobile applications, retail home improvement stores and outlet stores, and its branches. Lowe's Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.
History
Lowe's Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina. The company completed its IPO on July 1, 1985, and has increased its dividend continuously since 1961. In FY2023, results were affected by the sale of its Canadian retail business. In 2025, Lowe's completed two acquisitions, ADG and FBM, expanding into a roughly $50 billion new-home interior surface finishes design, distribution, and installation market and strengthening its Pro capabilities through FBM's 370-plus locations, with the two deals adding more than 540 branch locations.
Industry position
Lowe's is the second-largest home improvement retailer globally, operating in the United States and Canada in the Consumer Cyclical sector. At FY2025 year-end it ran 1,759 home improvement stores and outlets in the US with about 196 million square feet of retail selling space (Q1 FY2026), averaging roughly 112,000 square feet per store plus a garden center, with about 13% of retail sales online. FY2025 revenue was $86.29 billion and the company employs 167,000 people. Its main competitor is Home Depot, whose FY2025 sales were about $164.7 billion across 2,359 stores; its Pro share rose from 19% in 2019 to about 30% in 2024.