Invesaro

Stocks Comparison

Home Depot vs Lowes Companies: revenue, profit, margins and growth compared

Home Depot brought in $164.7B of revenue in fiscal 2025, Lowes Companies $86.3B in fiscal 2025. Revenue changed by +3.2% at Home Depot and +3.1% at Lowes Companies on the year before, so Home Depot grew faster. Home Depot kept 8.6% of its revenue as net profit, Lowes Companies 7.7%. Free cash flow was $12.6B at Home Depot and $7.7B at Lowes Companies.

Side by side, latest fiscal year

HDLOW
Fiscal year endedFY2025 (February 1, 2026)FY2025 (January 30, 2026)
Revenue$164.7B$86.3B
Revenue growth+3.2%+3.1%
Net income$14.2B$6.7B
Net margin8.6%7.7%
Free cash flow$12.6B$7.7B
Free cash flow margin7.7%8.9%
Earnings per share (diluted)$14.23$11.85
Cash$1.4B$982M
Debt$49.4B$39.8B
Price to earnings20.616.0
Market value$292.4B$106.1B
Dividend yield3.14%2.51%
Rank by revenue in sector#4 of 778 · Consumer discretionary#9 of 778 · Consumer discretionary

Over the years

Revenue
HD FY2018: $108.2BHD FY2019: $110.2BHD FY2020: $132.1BHD FY2021: $151.2BHD FY2022: $157.4BHD FY2023: $152.7BHD FY2024: $159.5BHD FY2025: $164.7BLOW FY2018: $71.3BLOW FY2019: $72.1BLOW FY2020: $89.6BLOW FY2021: $96.3BLOW FY2022: $97.1BLOW FY2023: $86.4BLOW FY2024: $83.7BLOW FY2025: $86.3BFY18FY19FY20FY21FY22FY23FY24FY25
HD $164.7BLOW $86.3B
Net income
HD FY2018: $11.1BHD FY2019: $11.2BHD FY2020: $12.9BHD FY2021: $16.4BHD FY2022: $17.1BHD FY2023: $15.1BHD FY2024: $14.8BHD FY2025: $14.2BLOW FY2018: $2.3BLOW FY2019: $4.3BLOW FY2020: $5.8BLOW FY2021: $8.4BLOW FY2022: $6.4BLOW FY2023: $7.7BLOW FY2024: $7BLOW FY2025: $6.7BFY18FY19FY20FY21FY22FY23FY24FY25
HD $14.2BLOW $6.7B
Net margin
HD FY2018: 10.3%HD FY2019: 10.2%HD FY2020: 9.7%HD FY2021: 10.9%HD FY2022: 10.9%HD FY2023: 9.9%HD FY2024: 9.3%HD FY2025: 8.6%LOW FY2018: 3.2%LOW FY2019: 5.9%LOW FY2020: 6.5%LOW FY2021: 8.8%LOW FY2022: 6.6%LOW FY2023: 8.9%LOW FY2024: 8.3%LOW FY2025: 7.7%FY18FY19FY20FY21FY22FY23FY24FY25
HD 8.6%LOW 7.7%
Revenue growth
HD FY2019: +1.9%HD FY2020: +19.9%HD FY2021: +14.4%HD FY2022: +4.1%HD FY2023: -3.0%HD FY2024: +4.5%HD FY2025: +3.2%LOW FY2019: +1.2%LOW FY2020: +24.2%LOW FY2021: +7.4%LOW FY2022: +0.8%LOW FY2023: -11.0%LOW FY2024: -3.1%LOW FY2025: +3.1%FY19FY20FY21FY22FY23FY24FY25
HD +3.2%LOW +3.1%
Free cash flow
HD FY2018: $10.7BHD FY2019: $11BHD FY2020: $16.4BHD FY2021: $14BHD FY2022: $11.5BHD FY2023: $17.9BHD FY2024: $16.3BHD FY2025: $12.6BLOW FY2018: $5BLOW FY2019: $2.8BLOW FY2020: $9.3BLOW FY2021: $8.3BLOW FY2022: $6.8BLOW FY2023: $6.2BLOW FY2024: $7.7BLOW FY2025: $7.7BFY18FY19FY20FY21FY22FY23FY24FY25
HD $12.6BLOW $7.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Home Depot and Lowes Companies

Which is bigger by revenue, Home Depot or Lowes Companies?

Home Depot is bigger by revenue: $164.7B in fiscal 2025, against $86.3B for Lowes Companies in fiscal 2025.

Which keeps more of its revenue as profit, Home Depot or Lowes Companies?

Home Depot had a net margin of 8.6% in fiscal 2025; Lowes Companies had 7.7% in fiscal 2025.

Which grew revenue faster, Home Depot or Lowes Companies?

In their latest fiscal years revenue changed by +3.2% at Home Depot and +3.1% at Lowes Companies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies