How Much Is Lowe’s Worth?

Albuquerque, New Mexico, USA - May 10, 2011: Front facade and entrance to Lowe's  home improvement center located at Paseo del Norte shopping center in Albuquerque, New Mexico.
ivanastar / Getty Images

From modest hardware store to top 50 Fortune 500 company, Lowe’s offers consumers a source for home improvement tools and tips. Here are some recent figures to help investors assess Lowe’s current value and to get an idea of where the company is heading financially.

What Lowe’s Is Worth
Lowe’s Share Price, 52-Week Range $149.31-$2556.39
Fiscal 2020 Revenue $89.60 billion
Fiscal 2020 Profit $5.84 billion
Lowe’s Net Worth $1.44 billion
All information on the 52-week range is accurate as of Nov. 20, 2021.

Here’s more information about Lowe’s.

About Lowe’s
Headquarters Mooresville, N.C.
Year Founded 1946
CEO Marvin R. Ellison’s Salary $1.5 million in base pay

Lowe’s Current Market Cap Range: $172.78B

Market capitalization considers all of a company’s stock in order to gauge its worth. The higher the cap, the more value investors associate with the company. Lowe’s market cap is considerably less than rival Home Depot’s, which clocks in at about $431 billion. However, the company has room to grow, as it holds a market share of about 12% vs. Home Depot’s 17%. This may appeal to investors looking for greater future growth potential.

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Lowe’s Net Worth: $1.44B

Although market cap gives you a sense of what the market values a company at, the number is based on market sentiment, which, in turn, is based on a multitude of consumer variables and market players.

There are different ways to calculate net worth, but the simplest, most traditional calculation is made by subtracting a company’s liabilities from its assets, just as you might do at home.

Based on Lowe’s total assets and total liabilities, the company’s net worth just $1.44 billion.

Lowe’s Brand Value

Lowe’s nabbed a spot at No. 74 on Forbes’ 2020 list of the world’s most valuable brands, with a brand value of $10.5 billion. Its rival, Home Depot, appeared at No. 34 on the same list, with a brand value of $19.2 billion. For purposes of that list, the Lowe’s brand jumped 13% in value over 2019.

Investors seem to have applauded the management change that Lowe’s made in 2018, when Marvin Ellison, former CEO of J.C. Penney Co. Inc., became the CEO of Lowe’s. Over those past three years, the stock has returned about 167%.

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Lowe’s History and Current Investors

H. Carl Buchan purchased the company from his brother-in-law, James Lowe. Buchan, anticipating America’s need for reconstruction following World War II, sold hardware, appliances and building materials. Since its founding in 1946, the company has grown to operate more than 2,205 home improvement and hardware stores and employ more than 300,000 people as of March 2021. Today, the hardware retail chain touts itself as the world’s second-largest home improvement retailer.

Some of the largest U.S. banks, including JPMorgan Chase & Co. and Wells Fargo & Co., hold millions of shares of Lowe’s. Lowe’s biggest shareholder is investment titan The Vanguard Group Inc., with more than 55,000,000 shares.

Sean Dennison contributed to the reporting for this article.

Methodology: The GOBankingRates Evaluation assesses a company’s net worth based on the company’s total assets, total liabilities, and revenue and net income from the last three years. Base value is established by subtracting total liabilities from total assets from the company’s last full fiscal year. Income value is established by taking the average of the revenue from the last three full fiscal years, 10 times the average of the net profits from the last three full fiscal years, and then calculating the average of those two figures. The final GOBankingRates Evaluation number is the sum of the base value and the income value.

About the Author

After earning a B.A. in English with a Specialization in Business from UCLA, John Csiszar worked in the financial services industry as a registered representative for 18 years. Along the way, Csiszar earned both Certified Financial Planner and Registered Investment Adviser designations, in addition to being licensed as a life agent, while working for both a major Wall Street wirehouse and for his own investment advisory firm. During his time as an advisor, Csiszar managed over $100 million in client assets while providing individualized investment plans for hundreds of clients.

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