Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 32.68% is in line with its 5-year average of 31.86%, near the low end of its 5-year range (30.02%–39.16%).
As of the fiscal period ended Friday, May 1, 2026. 2.08% below its 12-month average of 33.38%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
32.68%
GROSS MARGIN AVG TTM
33.38%
GROSS MARGIN AVG 3Y
31.63%
GROSS MARGIN AVG 5Y
31.55%
GROSS MARGIN AVG 10Y
31.47%
GROSS MARGIN AVG 15Y
32.56%
GROSS MARGIN AVG 20Y
33.09%
CURRENT VS TTM AVG
-2.08%
CURRENT VS 3Y AVG
+3.33%
CURRENT VS 5Y AVG
+3.59%
CURRENT VS 10Y AVG
+3.87%
CURRENT VS 15Y AVG
+0.39%
CURRENT VS 20Y AVG
-1.24%
SECTOR MEDIAN · CONSUMER CYCLICAL
37.11%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
-11.92%
vs the sector median at left
Lowe's Companies, Inc.
Market Cap
$116.43B
Gross Margin
32.68%
TTM Avg
33.38%
3Y Avg
31.63%
5Y Avg
31.55%
Market Cap
$117.67B
Gross Margin
20.36%
TTM Avg
25.49%
3Y Avg
26.08%
5Y Avg
25.78%
Market Cap
$101.02B
Gross Margin
17.02%
TTM Avg
17.24%
3Y Avg
17.84%
5Y Avg
17.29%
Market Cap
$98.73B
Gross Margin
21.38%
TTM Avg
20.83%
3Y Avg
21.30%
5Y Avg
19.87%
Market Cap
$137.51B
Gross Margin
100.00%
TTM Avg
100.00%
3Y Avg
100.00%
5Y Avg
100.00%
Market Cap
$91.33B
Gross Margin
43.86%
TTM Avg
45.30%
3Y Avg
47.26%
5Y Avg
45.76%
Market Cap
$78.73B
Gross Margin
47.23%
TTM Avg
47.18%
3Y Avg
40.90%
5Y Avg
9.93%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lowe's Companies, Inc. (LOW) | $116.43B | 32.68% | 33.38% | 31.63% | 31.55% |
| PDD Holdings Inc. (PDD)vs › | $117.66B | 55.98% | 58.60% | 64.02% | 64.98% |
| Starbucks Corporation (SBUX)vs › | $117.67B | 20.36% | 25.49% | 26.08% | 25.78% |
| BYD Company Limited (BYDDY)vs › | $101.02B | 17.02% | 17.24% | 17.84% | 17.29% |
| Marriott International, Inc. (MAR)vs › | $98.73B | 21.38% | 20.83% | 21.30% | 19.87% |
| Booking Holdings Inc. (BKNG)vs › | $137.51B | 100.00% | 100.00% | 100.00% | 100.00% |
| MercadoLibre, Inc. (MELI)vs › | $91.33B | 43.86% | 45.30% | 47.26% | 45.76% |
| Airbnb, Inc. (ABNB)vs › | $83.74B | 82.91% | 83.02% | 82.75% | 80.97% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $78.73B | 47.23% | 47.18% | 40.90% | 9.93% |
| Ross Stores, Inc. (ROST)vs › | $76.63B | 28.33% | 27.87% | 27.12% | 26.25% |
Gross Margin
32.7%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-05-01 | 32.68% |
| 2026-01-30 | 39.16% |
| 2025-10-31 | 31.91% |
| 2025-08-01 | 31.90% |
| 2025-05-02 | 31.25% |
| 2025-01-31 | 30.46% |
| 2024-11-01 | 31.55% |
| 2024-08-02 | 31.68% |
| 2024-05-03 | 31.18% |
| 2024-01-31 | 30.02% |
| 2023-11-03 | 31.54% |
| 2023-08-04 | 31.94% |
| 2023-05-05 | 31.83% |
| 2023-01-31 | 30.45% |
| 2022-10-28 | 31.38% |
| 2022-07-29 | 31.61% |
| 2022-04-29 | 32.14% |
| 2022-01-31 | 30.88% |
| 2021-10-29 | 31.25% |
| 2021-07-30 | 32.29% |
| 2021-04-30 | 31.69% |
| 2021-01-31 | 29.86% |
| 2020-10-30 | 31.13% |
| 2020-07-31 | 32.88% |
| 2020-05-01 | 31.45% |
| 2020-01-31 | 28.97% |
| 2019-11-01 | 30.65% |
| 2019-08-02 | 30.63% |
| 2019-05-03 | 29.76% |
| 2019-01-31 | 28.95% |
| 2018-11-02 | 28.45% |
| 2018-08-03 | 31.35% |
| 2018-05-04 | 31.10% |
| 2018-01-31 | 31.36% |
| 2017-11-03 | 31.93% |
| 2017-08-04 | 32.38% |
| 2017-05-05 | 32.24% |
| 2017-01-31 | 32.05% |
| 2016-10-28 | 31.95% |
| 2016-07-29 | 32.43% |
| 2016-04-29 | 35.49% |
| 2016-01-31 | 34.66% |
| 2015-10-30 | 35.47% |
| 2015-07-31 | 34.48% |
| 2015-05-01 | 34.75% |
| 2015-01-31 | 34.66% |
| 2014-10-31 | 35.50% |
| 2014-08-01 | 34.55% |
| 2014-05-02 | 34.49% |
| 2014-01-31 | 34.67% |
| 2013-11-01 | 34.80% |
| 2013-08-02 | 34.35% |
| 2013-05-03 | 34.58% |
| 2013-01-31 | 34.27% |
| 2012-11-02 | 37.80% |
| 2012-08-03 | 33.93% |
| 2012-05-04 | 31.50% |
| 2012-01-31 | 34.22% |
| 2011-10-28 | 36.44% |
| 2011-07-29 | 34.49% |
| 2011-04-29 | 33.13% |
| 2011-01-31 | 35.55% |
| 2010-10-29 | 37.61% |
| 2010-07-30 | 34.86% |
| 2010-04-30 | 32.78% |
| 2010-01-31 | 34.95% |
| 2009-10-30 | 36.89% |
| 2009-07-31 | 34.84% |
| 2009-05-01 | 32.88% |
| 2009-01-31 | 33.73% |
| 2008-10-31 | 34.69% |
| 2008-08-01 | 34.34% |
| 2008-05-02 | 33.98% |
| 2008-01-31 | 34.89% |
| 2007-11-02 | 34.99% |
| 2007-08-03 | 34.47% |
| 2007-05-04 | 34.28% |
| 2007-01-31 | 35.43% |
| 2006-11-03 | 34.97% |
| 2006-08-04 | 33.45% |
| 2006-05-05 | 34.48% |
| 2006-01-31 | 34.72% |
| 2005-10-28 | 32.24% |
| 2005-07-29 | 33.84% |
| 2005-04-29 | 36.27% |
| 2005-01-31 | 34.97% |
| 2004-10-29 | 33.06% |
| 2004-07-30 | 33.33% |
| 2004-04-30 | 35.15% |
| 2004-01-31 | 32.59% |
| 2003-10-31 | 31.29% |
| 2003-08-01 | 30.54% |
| 2003-05-02 | 31.44% |
| 2003-01-31 | 31.65% |
| 2002-11-01 | 29.71% |
| 2002-08-02 | 29.41% |
