Lowes Companies annual debt-to-equity ratio
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Lowes Companies Debt-to-Equity Ratio Growth & History (LOW)
Lowes Companies's debt-to-equity ratio was 18.24 for fiscal 2020.
View full Lowes Companies company overviewLowes Companies annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2020 | 2021-01-29 | 18.24 | 6.20 | +51.45% |
| 2019 | 2020-01-31 | 12.04 | 7.59 | +170.52% |
| 2018 | 2019-02-01 | 4.45 | 1.56 | +53.85% |
| 2017 | 2018-02-02 | 2.89 | 0.45 | +18.60% |
| 2016 | 2017-02-03 | 2.44 | 0.79 | +47.65% |
| 2015 | 2016-01-29 | 1.65 | 0.51 | +45.04% |
| 2014 | 2015-01-30 | 1.14 | 0.28 | +33.26% |
| 2013 | 2014-01-31 | 0.86 | 0.20 | +30.53% |
| 2012 | 2013-02-01 | 0.66 | 0.19 | +41.99% |
| 2011 | 2012-02-03 | 0.46 | 0.10 | +27.82% |
| 2010 | 2011-01-28 | 0.36 | 0.12 | +52.00% |
| 2009 | 2010-01-29 | 0.24 | −0.10 | −29.25% |
| 2008 | 2009-01-30 | 0.34 | — | — |
Lowes Companies quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2021 | 2021-04-30 | 59.29 | 44.35 | +297.07% |
| Q4 2020 | 2021-01-29 | 18.24 | 6.20 | +51.45% |
| Q3 2020 | 2020-10-30 | 6.29 | −2.54 | −28.79% |
| Q2 2020 | 2020-07-31 | 5.87 | −2.12 | −26.49% |
| Q1 2020 | 2020-05-01 | 14.93 | 8.41 | +128.92% |
| Q4 2019 | 2020-01-31 | 12.04 | 7.59 | +170.52% |
| Q3 2019 | 2019-11-01 | 8.83 | 6.15 | +229.52% |
| Q2 2019 | 2019-08-02 | 7.99 | 5.40 | +209.11% |
| Q1 2019 | 2019-05-03 | 6.52 | 3.92 | +150.67% |
| Q4 2018 | 2019-02-01 | 4.45 | 1.56 | +53.85% |
| Q3 2018 | 2018-11-02 | 2.68 | −0.06 | −2.21% |
| Q2 2018 | 2018-08-03 | 2.58 | −0.27 | −9.40% |
| Q1 2018 | 2018-05-04 | 2.60 | −0.25 | −8.74% |
| Q4 2017 | 2018-02-02 | 2.89 | 0.45 | +18.60% |
| Q3 2017 | 2017-11-03 | 2.74 | 0.56 | +25.67% |
| Q2 2017 | 2017-08-04 | 2.85 | 0.74 | +34.87% |
| Q1 2017 | 2017-05-05 | 2.85 | 0.87 | +43.58% |
| Q4 2016 | 2017-02-03 | 2.44 | 0.79 | +47.65% |
| Q3 2016 | 2016-10-28 | 2.18 | 0.81 | +58.51% |
| Q2 2016 | 2016-07-29 | 2.11 | 0.92 | +77.72% |
| Q1 2016 | 2016-04-29 | 1.99 | 0.90 | +82.29% |
| Q4 2015 | 2016-01-29 | 1.65 | 0.51 | +45.04% |
| Q3 2015 | 2015-10-30 | 1.38 | 0.37 | +36.65% |
| Q2 2015 | 2015-07-31 | 1.19 | 0.29 | +32.90% |
| Q1 2015 | 2015-05-01 | 1.09 | 0.21 | +24.09% |
| Q4 2014 | 2015-01-30 | 1.14 | 0.28 | +33.26% |
| Q3 2014 | 2014-10-31 | 1.01 | 0.21 | +26.27% |
| Q2 2014 | 2014-08-01 | 0.90 | 0.21 | +29.72% |
| Q1 2014 | 2014-05-02 | 0.88 | 0.20 | +28.89% |
| Q4 2013 | 2014-01-31 | 0.86 | 0.20 | +30.53% |
| Q3 2013 | 2013-11-01 | 0.80 | 0.16 | +26.00% |
| Q2 2013 | 2013-08-02 | 0.69 | 0.08 | +13.58% |
| Q1 2013 | 2013-05-03 | 0.68 | 0.09 | +14.82% |
| Q4 2012 | 2013-02-01 | 0.66 | 0.19 | +41.99% |
| Q3 2012 | 2012-11-02 | 0.63 | 0.27 | +76.59% |
| Q2 2012 | 2012-08-03 | 0.61 | 0.22 | +54.93% |
| Q1 2012 | 2012-05-04 | 0.59 | 0.22 | +58.40% |
| Q4 2011 | 2012-02-03 | 0.46 | 0.10 | +27.82% |
| Q3 2011 | 2011-10-28 | 0.36 | 0.07 | +22.25% |
| Q2 2011 | 2011-07-29 | 0.39 | 0.10 | +36.19% |
| Q1 2011 | 2011-04-29 | 0.37 | 0.08 | +28.77% |
| Q4 2010 | 2011-01-28 | 0.36 | 0.12 | +52.00% |
| Q3 2010 | 2010-10-29 | 0.29 | 0.03 | +12.14% |
| Q2 2010 | 2010-07-30 | 0.29 | 0.02 | +8.79% |
| Q1 2010 | 2010-04-30 | 0.29 | — | — |
| Q4 2009 | 2010-01-29 | 0.24 | −0.10 | −29.25% |
| Q3 2009 | 2009-10-30 | 0.26 | — | — |
| Q2 2009 | 2009-07-31 | 0.26 | — | — |
| Q4 2008 | 2009-01-30 | 0.34 | — | — |
Lowes Companies debt-to-equity ratio trends
Over the last five fiscal years, Lowes Companies's debt-to-equity ratio increased from 1.65 to 18.24, a change of 16.59. The latest reported quarter, Q1 2021, shows 59.29.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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