Lowe's Companies, Inc.
LOWNYSE
$203.08
Last price · USD
- Market cap
- $113.7B
- P/E
- 17.1x
- EV / EBITDA
- 12.6x
- P/S
- 1.3x
- FCF yield
- 6.7%
- Div. yield
- 2.32%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Lowe's Companies, Inc. cash flow statement
Annual · USD millions except per-share data · 36 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | 6,654 | 6,957 | 7,726 | 6,437 | 8,442 | -5.8% | |
| Depreciation & amortization | 2,194 | 1,972 | 1,923 | 1,981 | 1,882 | +3.9% | |
| Deferred income tax | 256 | 9 | 6 | (239) | 135 | +17.3% | |
| Stock-based compensation | 247 | 221 | 210 | 224 | 230 | +1.8% | |
| Change in working capital | (112) | 118 | (2,228) | (2,882) | (1,127) | — | |
| Inventory | 703 | (514) | 1,637 | (2,594) | (1,413) | — | |
| Accounts payables | 73 | 633 | (1,820) | (549) | 466 | -37.1% | |
| Other working capital | (888) | (1) | (2,045) | 261 | (180) | — | |
| Other non-cash items | 625 | 348 | 503 | 3,068 | 551 | +3.2% | |
| Net cash from operating activities | 9,864 | 9,625 | 8,140 | 8,589 | 10,113 | -0.6% | |
| Operating cash flow | 9,864 | 9,625 | 8,140 | 8,589 | 10,113 | -0.6% | |
| Investing activities | |||||||
| Investments in PP&E | (2,213) | (1,927) | (1,964) | (1,829) | (1,853) | — | |
| Capital expenditure | (2,213) | (1,927) | (1,964) | (1,829) | (1,853) | — | |
| Acquisitions, net | (10,088) | 177 | 100 | 491 | 113 | — | |
| Purchases of investments | (1,693) | (1,286) | (1,785) | (1,189) | (3,065) | — | |
| Sales / maturities of investments | 1,658 | 1,204 | 1,722 | 1,174 | 3,293 | -15.8% | |
| Other investing activities | 72 | 94 | 26 | 44 | (134) | — | |
| Net cash from investing activities | (12,264) | (1,738) | (1,901) | (1,309) | (1,646) | — | |
| Financing activities | |||||||
| Net debt issuance | 4,387 | (545) | 1,883 | 9,299 | 2,854 | +11.3% | |
| Short-term net debt issuance | 0 | 0 | (499) | 499 | 0 | — | |
| Long-term net debt issuance | 4,387 | (545) | 2,382 | 8,800 | 2,854 | +11.3% | |
| Net stock issuance | (62) | (4,053) | (6,138) | (14,124) | (13,012) | — | |
| Common stock issuance | 149 | 0 | 0 | 0 | 0 | — | |
| Common stock repurchased | (211) | (4,053) | (6,138) | (14,124) | (13,012) | — | |
| Net common stock issuance | (62) | (4,053) | (6,138) | (14,124) | (13,012) | — | |
| Common dividends paid | (2,636) | (2,566) | (2,531) | (2,370) | (1,984) | — | |
| Net dividends paid | (2,636) | (2,566) | (2,531) | (2,370) | (1,984) | — | |
| Other financing activities | (68) | 117 | 120 | 146 | 126 | — | |
| Net cash from financing activities | 1,621 | (7,047) | (6,666) | (7,049) | (12,016) | — | |
| Cash summary | |||||||
| Effect of forex changes on cash | 0 | 0 | 0 | (16) | (8) | — | |
| Net change in cash | (779) | 840 | (427) | 215 | (3,557) | — | |
| Cash at beginning of period | 1,761 | 921 | 1,348 | 1,133 | 4,690 | -21.7% | |
| Cash at end of period | 982 | 1,761 | 921 | 1,348 | 1,133 | -3.5% | |
| Free cash flow | 7,651 | 7,698 | 6,176 | 6,760 | 8,260 | -1.9% | |
| Income taxes paid | 2,505 | 1,648 | 3,700 | 1,720 | 2,735 | -2.2% | |
| Interest paid | 1,489 | 1,475 | 1,464 | 976 | 837 | +15.5% | |