Lowe's Companies, Inc.
Explore Lowe's Companies, Inc.
Core profile pages, annual revenue records, and related research hubs for this company.
CorpDigest
Lowe's Companies, Inc.
Explore Lowe's Companies, Inc.
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2023 Revenue
$86.4B
▼ 11% vs FY2022 ($97.1B)
Source: Annual report / company filing
Lowe's Companies, Inc. reported $86.4B in revenue for fiscal year 2023. This represents a decline of 11% compared to the 2022 figure of $97.1B. In 2024, revenue declined to $83.7B.
Sales fell roughly 11.0 percent to about 86.4 billion dollars in fiscal 2023 as the extraordinary post-pandemic home improvement surge unwound and lumber deflation weighed on comparable sales.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $86.3B | — | +3.1% |
| FY2024 | $83.7B | $7.0B | -3.1% |
| FY2023 | $86.4B | — | -11.0% |
| FY2022 | $97.1B | — | +0.8% |
| FY2021 | $96.3B | — | +7.4% |
| FY2020 | $89.6B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.