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Lowe's Companies
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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Lowe's Companies's Revenue by Segment

In fiscal year 2024, Lowe's Companies's revenue by segment (products & services) are as follows:

  • Building Products: $26.38 B
  • Hardlines: $24.26 B
  • Home Decor: $30.86 B
  • Other Sales: $2.18 B
  • Product: $80.54 B
  • Product and Service, Other: $1.20 B
  • Service: $1.93 B

Learn more about Lowe's Companies’s Revenue by Geography

Check out competitors to Lowe's Companies in a side-by-side comparison.

Explore additional financial metrics for Lowe's Companies.

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The above chart shows Lowe's Companies's revenue percentage share by segment (products and services).

In fiscal year 2022, Lowe's Companies's revenue by segment is as follows:

  • Building Products generated $31.05 B in revenue, representing 15.99% of its total revenue.
  • Hardlines generated $27.19 B in revenue, representing 14.01% of its total revenue.
  • Home Decor generated $36.22 B in revenue, representing 18.66% of its total revenue.
  • Other Sales generated $2.60 B in revenue, representing 1.34% of its total revenue.
  • Product generated $93.39 B in revenue, representing 48.11% of its total revenue.
  • Product and Service, Other generated $1.49 B in revenue, representing 0.77% of its total revenue.
  • Service generated $2.18 B in revenue, representing 1.12% of its total revenue.

The biggest segment for Lowe's Companies is the Product, which represents 48.11% of its total revenue.
The smallest segment for Lowe's Companies is the Product and Service, Other, which represents 0.77% of its total revenue.

The above chart shows Lowe's Companies's revenue percentage share by segment (products and services).

In fiscal year 2023, Lowe's Companies's revenue by segment is as follows:

  • Building Products generated $26.89 B in revenue, representing 15.57% of its total revenue.
  • Hardlines generated $25.02 B in revenue, representing 14.48% of its total revenue.
  • Home Decor generated $32.13 B in revenue, representing 18.6% of its total revenue.
  • Other Sales generated $2.33 B in revenue, representing 1.35% of its total revenue.
  • Product generated $83.00 B in revenue, representing 48.05% of its total revenue.
  • Product and Service, Other generated $1.28 B in revenue, representing 0.74% of its total revenue.
  • Service generated $2.10 B in revenue, representing 1.21% of its total revenue.

The biggest segment for Lowe's Companies is the Product, which represents 48.05% of its total revenue.
The smallest segment for Lowe's Companies is the Product and Service, Other, which represents 0.74% of its total revenue.

The above chart shows Lowe's Companies's revenue percentage share by segment (products and services).

In fiscal year 2024, Lowe's Companies's revenue by segment is as follows:

  • Building Products generated $26.38 B in revenue, representing 15.76% of its total revenue.
  • Hardlines generated $24.26 B in revenue, representing 14.49% of its total revenue.
  • Home Decor generated $30.86 B in revenue, representing 18.44% of its total revenue.
  • Other Sales generated $2.18 B in revenue, representing 1.3% of its total revenue.
  • Product generated $80.54 B in revenue, representing 48.13% of its total revenue.
  • Product and Service, Other generated $1.20 B in revenue, representing 0.72% of its total revenue.
  • Service generated $1.93 B in revenue, representing 1.16% of its total revenue.

The biggest segment for Lowe's Companies is the Product, which represents 48.13% of its total revenue.
The smallest segment for Lowe's Companies is the Product and Service, Other, which represents 0.72% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Product and Service, Other 0.77% 0.74% 0.72%
Product 48.11% 48.05% 48.13%
Service 1.12% 1.21% 1.16%
Other Sales 1.34% 1.35% 1.3%
Home Decor 18.66% 18.6% 18.44%
Building Products 15.99% 15.57% 15.76%
Hardlines 14.01% 14.48% 14.49%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Lowe's Companies.

In fiscal year 2024, the Product generated the most revenue ($80.54 B), and the Product and Service, Other generated the least revenue ($1.20 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Building Products revenue decreased -1.91% ($514.00 M) from $26.89 B (in 2023) to $26.38 B (in 2024).
  • Hardlines revenue decreased -3.05% ($764.00 M) from $25.02 B (in 2023) to $24.26 B (in 2024).
  • Home Decor revenue decreased -3.95% ($1.27 B) from $32.13 B (in 2023) to $30.86 B (in 2024).
  • Other Sales revenue decreased -6.73% ($157.00 M) from $2.33 B (in 2023) to $2.18 B (in 2024).
  • Product revenue decreased -2.97% ($2.46 B) from $83.00 B (in 2023) to $80.54 B (in 2024).
  • Product and Service, Other revenue decreased -5.95% ($76.00 M) from $1.28 B (in 2023) to $1.20 B (in 2024).
  • Service revenue decreased -7.77% ($163.00 M) from $2.10 B (in 2023) to $1.93 B (in 2024).
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    Summary Table

    Products & Services 2022
    Value Change
    		2023
    Value Change
    		2024
    Value Change
    Building Products $31.05 B - $26.89 B
    13.38%
    		$26.38 B
    1.91%
    Hardlines $27.19 B - $25.02 B
    7.98%
    		$24.26 B
    3.05%
    Home Decor $36.22 B - $32.13 B
    11.29%
    		$30.86 B
    3.95%
    Other Sales $2.60 B - $2.33 B
    10.27%
    		$2.18 B
    6.73%
    Product $93.39 B - $83.00 B
    11.13%
    		$80.54 B
    2.97%
    Product and Service, Other $1.49 B - $1.28 B
    14.17%
    		$1.20 B
    5.95%
    Service $2.18 B - $2.10 B
    3.72%
    		$1.93 B
    7.77%
    Total Revenue $194.12 B - $172.75 B
    11.01%
    		$167.35 B
    3.13%

    Frequently Asked Questions

    What was Lowe's Companies's largest product segment last year?

    In fiscal year 2024, Product revenue reached $80.54 Billion, representing 48.13% of Lowe's Companies's total revenue and making it the largest segment for the company.

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