Lowe's is an American retail company based in Mooresville, Iredell County, North Carolina. The focus of business is on home improvement and household appliances. The company is listed in the Standard & Poor’s 100 stock index.
Lowe's was founded in North Wilkesboro, North Carolina in 1946. The company's shares have been traded on the New York Stock Exchange since 1961. Lowe’s has 1,840 stores in 49 states across the United States and around 266,000 employees. The chain is also represented in Canada (33 branches) and Australia. In May 2015, the chain acquired 13 branches from Target Canada. Hardware store chain The Home Depot is Lowe's biggest competitor.
Operating Margin for Lowe's Companies (LOW)
Operating Margin as of April 2024 (TTM): 9.30%
According to Lowe's Companies's latest financial reports and stock price the company's current Operating Margin is 9.30%. At the end of 2023 the company had an Operating Margin of 9.31%.
Operating Margin history for Lowe's Companies from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 9.31% | -20.05% |
| 2022 | 11.64% | 34.81% |
| 2021 | 8.64% | 10.83% |
| 2020 | 7.79% | 63.75% |
| 2019 | 4.76% | -40.5% |
| 2018 | 8.00% | -0% |
| 2017 | 8.00% | 6.94% |
| 2016 | 7.48% | -1.64% |
| 2015 | 7.61% | 10.61% |
| 2014 | 6.88% | 10.74% |
| 2013 | 6.21% | 7.28% |
| 2012 | 5.79% | -12.47% |
| 2011 | 6.61% | 10.53% |
| 2010 | 5.98% | -17.7% |
| 2009 | 7.27% | -22.19% |
| 2008 | 9.34% | -12.28% |
| 2007 | 10.65% | 2.21% |
| 2006 | 10.42% | 7.46% |
| 2005 | 9.70% | -0.25% |
| 2004 | 9.72% | 9.17% |
| 2003 | 8.90% | 21.22% |
| 2002 | 7.35% | 7.65% |
| 2001 | 6.82% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Home Depot HD | 14.27% | 53.44% | 🇺🇸 USA |
 Builders FirstSource
BLDR | 12.96% | 39.35% | 🇺🇸 USA |
 LL Flooring LL | -3.07% | -133.01% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.