Home Depot vs Lowe's
Home Depot is the larger business, with $164.68bn of revenue in fiscal 2026 against $86.29bn for Lowe's (1.9 times as much). Home Depot grew faster (3.2% against 3.1%). Home Depot kept more of each dollar of sales as profit: a net margin of 8.6% against 7.7%.
| Latest fiscal year | Home DepotHD, 2026 | Lowe'sLOW, 2026 |
|---|---|---|
| Revenue | $164.68bn | $86.29bn |
| Revenue growth | 3.2% | 3.1% |
| Net income | $14.16bn | $6.65bn |
| Operating margin | 12.7% | 11.8% |
| Net margin | 8.6% | 7.7% |
| Return on equity | 145.5% | — |
| Free cash flow | $12.65bn | $7.65bn |
| Cash | $1.39bn | $982m |
| Total debt | $49.40bn | $39.82bn |
| Debt to equity | 385.5% | — |
| Dividend per share | $9.20 | $4.75 |
| Dividend yield | 2.7% | 2.2% |
| Share buybacks | $0 | $211m |
| Employees | 472,400 | 167,000 |
| Market value | $331.15bn | $119.46bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 75 (Strong) | 71 (Strong) |
| Insider trades, 12 months | 0 buys, 10 sales | 1 buys, 7 sales |