What is the tax rate for Lowe's Companies, Inc. (LOW)?

The tax rate for LOW stock is 23.93%.

What is the TTM average tax rate for Lowe's Companies, Inc. (LOW)?

The TTM average tax rate for LOW stock is 23.96%.

What is the 3Y average tax rate for Lowe's Companies, Inc. (LOW)?

The 3Y average tax rate for LOW stock is 25.19%.

What is the 5Y average tax rate for Lowe's Companies, Inc. (LOW)?

The 5Y average tax rate for LOW stock is 25.00%.

What is the 10Y average tax rate for Lowe's Companies, Inc. (LOW)?

The 10Y average tax rate for LOW stock is 29.62%.

What is the 15Y average tax rate for Lowe's Companies, Inc. (LOW)?

The 15Y average tax rate for LOW stock is 32.03%.

What is the 20Y average tax rate for Lowe's Companies, Inc. (LOW)?

The 20Y average tax rate for LOW stock is 33.38%.

Lowe's Companies, Inc. (LOW)

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Lowe's Companies, Inc. (LOW) Tax Rate: 23.93%

Is Lowe's Companies, Inc.’s tax rate high or low?

Lowe's Companies, Inc.'s tax rate of 23.93% is in line with its 5-year average of 25.00%, near the low end of its 5-year range (23.93%–28.76%).

The tax rate for Lowe's Companies, Inc. (LOW) is 23.93%. It is below its 12-month average by 0.13% (23.96%).

Tax Expense|EBT|Net Income|All Metrics

LOW Tax Rate Chart

LOW Tax Rate

23.93%-0.25% 1Y

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LOW Average Tax Rate Chart

LOW Current vs Average Tax Rate Chart

LOW Tax Rate Metrics

TAX RATE

23.93%

TAX RATE AVG TTM

23.96%

TAX RATE AVG 3Y

25.19%

TAX RATE AVG 5Y

25.00%

TAX RATE AVG 10Y

29.62%

TAX RATE AVG 15Y

32.03%

TAX RATE AVG 20Y

33.38%

CURRENT VS TTM AVG

-0.13%

CURRENT VS 3Y AVG

-4.99%

CURRENT VS 5Y AVG

-4.30%

CURRENT VS 10Y AVG

-19.21%

CURRENT VS 15Y AVG

-25.29%

CURRENT VS 20Y AVG

-28.30%

Lowe's Companies, Inc. Tax Rate Formula & Definition

Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Lowe's Companies, Inc. Tax Rate FAQ

What is the tax rate for Lowe's Companies, Inc. (LOW)?: The tax rate for LOW stock is 23.93%.
Is Lowe's Companies, Inc.'s tax rate high or low?: Lowe's Companies, Inc.'s tax rate of 23.93% is in line with its 5-year average of 25.00%, near the low end of its 5-year range (23.93%–28.76%).
What is the TTM average tax rate for Lowe's Companies, Inc. (LOW)?: The TTM average tax rate for LOW stock is 23.96%.
What is the 3Y average tax rate for Lowe's Companies, Inc. (LOW)?: The 3Y average tax rate for LOW stock is 25.19%.
What is the 5Y average tax rate for Lowe's Companies, Inc. (LOW)?: The 5Y average tax rate for LOW stock is 25.00%.
What is the 10Y average tax rate for Lowe's Companies, Inc. (LOW)?: The 10Y average tax rate for LOW stock is 29.62%.
What is the 15Y average tax rate for Lowe's Companies, Inc. (LOW)?: The 15Y average tax rate for LOW stock is 32.03%.
What is the 20Y average tax rate for Lowe's Companies, Inc. (LOW)?: The 20Y average tax rate for LOW stock is 33.38%.

Lowe's Companies, Inc. Tax Rate History

DATE	TAX RATE
2026-01-30	23.93%
2025-01-31	23.99%
2024-01-31	24.07%
2023-01-31	28.76%
2022-01-31	24.68%
2021-01-31	24.60%
2020-01-31	23.87%
2019-01-31	31.82%
2018-01-31	37.20%
2017-01-31	40.53%
2016-01-31	42.39%
2015-01-31	36.90%
2014-01-31	37.76%
2013-01-31	37.55%
2012-01-31	36.72%
2011-01-31	37.73%
2010-01-31	36.88%
2009-01-31	37.39%
2008-01-31	37.73%
2007-01-31	37.88%
2006-01-31	38.50%
2005-01-31	38.46%
2004-01-31	38.59%
2003-01-31	37.64%
2002-01-31	37.49%
2001-01-31	36.80%
2000-01-31	36.71%
1999-01-31	35.05%
1998-01-31	33.59%
1997-01-31	35.60%

Related Metrics

Tax Expense EBT Net Income All Metrics

About Lowe's Companies, Inc.

Lowe's Companies, Inc., together with its various subsidiary entities, operates as a prominent home improvement retailer serving both the United States and international markets. The company supplies a broad spectrum of items essential for construction, upkeep, renovations, and interior design projects. Its comprehensive product line encompasses major appliances, seasonal and outdoor living essentials, lawn and garden tools, timber, kitchen and bathroom fixtures, power tools, paints, custom millwork, general hardware, flooring options, plumbing components, building materials, decorative accents, lighting solutions, and electrical supplies. In addition to merchandise, Lowe's facilitates installation services through independent contractors across numerous product categories, offers extended protection plans, and provides repair services covering both warranty and post-warranty issues. The company markets its inventory, comprising both well-known national brands and proprietary private-label items, to a diverse clientele including individual homeowners, tenants, and trade professionals. As of January 28, 2022, Lowe's operated 1,971 retail locations dedicated to home improvement and hardware. Products are also accessible via its e-commerce platforms, Lowes.com and Lowesforpros.com, and through its mobile applications. Established in 1921, Lowe's Companies, Inc. maintains its headquarters in Mooresville, North Carolina.

Mooresville, NC

300,000 employees

www.lowes.com

Consumer Cyclical / Home Improvement

Sector: Consumer Cyclical
Industry: Home Improvement
CEO: Marvin R. Ellison

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