LOWES COMPANIES INC Income Tax Expense 2008-2027 | LOW
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is LOWES COMPANIES INC's current income tax expense?
LOWES COMPANIES INC (LOW) annual income tax expense for 2026 was $2.09B, a 4.69% decline from 2025. LOWES COMPANIES INC income tax expense for the quarter ending May 1, 2026 was $527.0M.
What was LOWES COMPANIES INC's income tax expense in 2025?
LOWES COMPANIES INC annual income tax expense for 2025 was $2.20B, a 10.33% decline from 2024.
What was LOWES COMPANIES INC's income tax expense in 2024?
LOWES COMPANIES INC annual income tax expense for 2024 was $2.45B, a 5.77% decline from 2023.
What is LOWES COMPANIES INC's 5-year income tax expense CAGR?
LOWES COMPANIES INC income tax expense grew at a compound annual growth rate (CAGR) of 1.91% from FY2021 to FY2026, going from $1.90B to $2.09B over 5 years.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Declining
CAGR+1.9%
FY2021
$1.90B
→
FY2026
$2.09B
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2026 | $2.09B | -4.7% | 10-K |
| FY2025 | $2.20B | -10.3% | 10-K |
| FY2024 | $2.45B | -5.8% | 10-K |
| FY2023 | $2.60B | -6.0% | 10-K |
| FY2022 | $2.77B | +45.3% | 10-K |
| FY2021 | $1.90B | +41.9% | 10-K |
| FY2020 | $1.34B | +24.3% | 10-K |
| FY2019 | $1.08B | -47.1% | 10-K |
| FY2018 | $2.04B | -3.1% | 10-K |
| FY2017 | $2.11B | +12.5% | 10-K |
| FY2016 | $1.87B | +18.7% | 10-K |
| FY2015 | $1.58B | +13.8% | 10-K |
| FY2014 | $1.39B | +17.7% | 10-K |
| FY2013 | $1.18B | +10.4% | 10-K |
| FY2012 | $1.07B | -12.4% | 10-K |
| FY2011 | $1.22B | +16.9% | 10-K |
| FY2010 | $1.04B | -20.5% | 10-K |
| FY2009 | $1.31B | -23.0% | 10-K |
| FY2008 | $1.70B | - | 10-K |
Company: LOWES COMPANIES INCTicker: LOWSector: ConsumerIndustry: Retail-Lumber & Other Building Materials DealersView company profile →