Debt to Equity
since 2005
Calculation
Lowe’s Cos. Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Shareholders’ equity (deficit)1 | |
|---|---|---|---|---|---|
| Feb 2, 2024 | — | = | 35,921) | ÷ | (15,050) |
| Feb 3, 2023 | — | = | 33,960) | ÷ | (14,254) |
| Jan 28, 2022 | — | = | 24,727) | ÷ | (4,816) |
| Jan 29, 2021 | 15.16 | = | 21,780) | ÷ | 1,437) |
| Jan 31, 2020 | 9.79 | = | 19,306) | ÷ | 1,972) |
| Feb 1, 2019 | 4.45 | = | 16,223) | ÷ | 3,644) |
| Feb 2, 2018 | 2.89 | = | 16,995) | ÷ | 5,873) |
| Feb 3, 2017 | 2.44 | = | 15,699) | ÷ | 6,434) |
| Jan 29, 2016 | 1.65 | = | 12,649) | ÷ | 7,654) |
| Jan 30, 2015 | 1.14 | = | 11,367) | ÷ | 9,968) |
| Jan 31, 2014 | 0.89 | = | 10,521) | ÷ | 11,853) |
| Feb 1, 2013 | 0.66 | = | 9,077) | ÷ | 13,857) |
| Feb 3, 2012 | 0.46 | = | 7,627) | ÷ | 16,533) |
| Jan 28, 2011 | 0.36 | = | 6,573) | ÷ | 18,112) |
| Jan 29, 2010 | 0.27 | = | 5,080) | ÷ | 19,069) |
| Jan 30, 2009 | 0.34 | = | 6,060) | ÷ | 18,055) |
| Feb 1, 2008 | 0.41 | = | 6,680) | ÷ | 16,098) |
| Feb 2, 2007 | 0.28 | = | 4,436) | ÷ | 15,725) |
| Feb 3, 2006 | 0.25 | = | 3,531) | ÷ | 14,339) |
| Jan 28, 2005 | 0.32 | = | 3,690) | ÷ | 11,535) |
Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).
1 US$ in millions
Comparison to Competitors
Lowe’s Cos. Inc., debt to equity, long-term trends, comparison to competitors
| Lowe’s Cos. Inc. | Amazon.com Inc. | Home Depot Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|
| Feb 2, 2024 | — | — | 42.25 | 0.39 |
| Feb 3, 2023 | — | 0.29 | 27.65 | 0.53 |
| Jan 28, 2022 | — | 0.46 | — | 0.56 |
| Jan 29, 2021 | 15.16 | 0.35 | 11.29 | 1.04 |
| Jan 31, 2020 | 9.79 | 0.34 | — | 0.38 |
| Feb 1, 2019 | 4.45 | 0.38 | — | 0.44 |
| Feb 2, 2018 | 2.89 | 0.54 | 18.59 | 0.43 |
| Feb 3, 2017 | 2.44 | 0.89 | 5.45 | 0.49 |
| Jan 29, 2016 | 1.65 | 0.40 | 3.37 | 0.38 |
| Jan 30, 2015 | 1.14 | 0.62 | 1.84 | 0.38 |
| Jan 31, 2014 | 0.89 | 0.77 | 1.18 | 0.30 |
| Feb 1, 2013 | 0.66 | 0.33 | 0.61 | 0.21 |
| Feb 3, 2012 | 0.46 | 0.38 | 0.60 | 0.25 |
| Jan 28, 2011 | 0.36 | 0.03 | 0.52 | 0.25 |
| Jan 29, 2010 | 0.27 | 0.03 | 0.50 | 0.27 |
| Jan 30, 2009 | 0.34 | 0.02 | 0.64 | 0.36 |
| Feb 1, 2008 | 0.41 | 0.15 | 0.76 | 0.40 |
| Feb 2, 2007 | 0.28 | 1.07 | 0.47 | 0.35 |
| Feb 3, 2006 | 0.25 | 2.89 | 0.15 | 0.43 |
| Jan 28, 2005 | 0.32 | 6.18 | 0.09 | 0.42 |
Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
Lowe’s Cos. Inc., debt to equity, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Lowe’s Cos. Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Feb 2, 2024 | — | — |
| Feb 3, 2023 | — | 0.71 |
| Jan 28, 2022 | — | 0.93 |
| Jan 29, 2021 | 15.16 | 0.77 |
| Jan 31, 2020 | 9.79 | 0.86 |
| Feb 1, 2019 | 4.45 | 1.03 |
| Feb 2, 2018 | 2.89 | 1.24 |
| Feb 3, 2017 | 2.44 | 1.54 |
| Jan 29, 2016 | 1.65 | 1.15 |
| Jan 30, 2015 | 1.14 | 1.04 |
| Jan 31, 2014 | 0.89 | 0.88 |
| Feb 1, 2013 | 0.66 | 0.53 |
| Feb 3, 2012 | 0.46 | 0.49 |
| Jan 28, 2011 | 0.36 | 0.36 |
| Jan 29, 2010 | 0.27 | 0.33 |
| Jan 30, 2009 | 0.34 | 0.43 |
| Feb 1, 2008 | 0.41 | 0.55 |
| Feb 2, 2007 | 0.28 | 0.41 |
| Feb 3, 2006 | 0.25 | 0.22 |
| Jan 28, 2005 | 0.32 | 0.21 |
Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).
Comparison to Industry (Consumer Discretionary)
Lowe’s Cos. Inc., debt to equity, long-term trends, comparison to industry (consumer discretionary)
| Lowe’s Cos. Inc. | Consumer Discretionary | |
|---|---|---|
| Feb 2, 2024 | — | — |
| Feb 3, 2023 | — | 1.31 |
| Jan 28, 2022 | — | 1.48 |
| Jan 29, 2021 | 15.16 | 1.44 |
| Jan 31, 2020 | 9.79 | 2.22 |
| Feb 1, 2019 | 4.45 | 2.60 |
| Feb 2, 2018 | 2.89 | 2.59 |
| Feb 3, 2017 | 2.44 | 2.55 |
| Jan 29, 2016 | 1.65 | 2.21 |
| Jan 30, 2015 | 1.14 | 1.88 |
| Jan 31, 2014 | 0.89 | 1.60 |
| Feb 1, 2013 | 0.66 | 1.25 |
| Feb 3, 2012 | 0.46 | 1.19 |
| Jan 28, 2011 | 0.36 | 1.09 |
| Jan 29, 2010 | 0.27 | 1.26 |
| Jan 30, 2009 | 0.34 | 2.58 |
| Feb 1, 2008 | 0.41 | 4.06 |
| Feb 2, 2007 | 0.28 | 2.62 |
| Feb 3, 2006 | 0.25 | 2.96 |
| Jan 28, 2005 | 0.32 | 2.35 |
Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).