Debt to Equity
since 2005
Beginner level
Calculation
Lowe’s Cos. Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|
| 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 (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31), 10-K (filing date: 2013-04-02), 10-K (filing date: 2012-04-02), 10-K (filing date: 2011-03-29), 10-K (filing date: 2010-03-30), 10-K (filing date: 2009-03-31), 10-K (filing date: 2008-04-01), 10-K (filing date: 2007-04-03), 10-K (filing date: 2006-04-07), 10-K (filing date: 2005-04-13).
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. | Costco Wholesale Corp. | Dollar General Corp. | Home Depot Inc. | Target Corp. | TJX Cos. Inc. | Walmart Inc. | |
|---|---|---|---|---|---|---|---|---|
| Jan 31, 2020 | 9.79 | — | — | 0.43 | — | 0.97 | 0.38 | 0.73 |
| Feb 1, 2019 | 4.45 | 0.38 | 0.45 | 0.45 | — | 1.00 | 0.44 | 0.80 |
| Feb 2, 2018 | 2.89 | 0.54 | 0.51 | 0.49 | 18.59 | 0.99 | 0.43 | 0.60 |
| Feb 3, 2017 | 2.44 | 0.89 | 0.62 | 0.59 | 5.45 | 1.16 | 0.49 | 0.59 |
| Jan 29, 2016 | 1.65 | 0.40 | 0.43 | 0.55 | 3.37 | 0.98 | 0.38 | 0.62 |
| Jan 30, 2015 | 1.14 | 0.62 | 0.58 | 0.48 | 1.84 | 0.91 | 0.38 | 0.62 |
| Jan 31, 2014 | 0.89 | 0.77 | 0.41 | 0.52 | 1.18 | 0.85 | 0.30 | 0.74 |
| Feb 1, 2013 | 0.66 | 0.33 | 0.46 | 0.56 | 0.61 | 1.07 | 0.21 | 0.71 |
| Feb 3, 2012 | 0.46 | 0.38 | 0.11 | 0.56 | 0.60 | 1.11 | 0.25 | 0.75 |
| Jan 28, 2011 | 0.36 | 0.03 | 0.18 | 0.81 | 0.52 | 1.02 | 0.25 | 0.73 |
| Jan 29, 2010 | 0.27 | 0.03 | 0.20 | 1.00 | 0.50 | 1.10 | 0.27 | 0.58 |
| Jan 30, 2009 | 0.34 | 0.02 | 0.23 | — | 0.64 | 1.37 | 0.36 | 0.65 |
| Feb 1, 2008 | 0.41 | 0.15 | 0.26 | — | 0.76 | 1.12 | 0.40 | 0.69 |
| Feb 2, 2007 | 0.28 | 1.07 | 0.26 | — | 0.47 | 0.64 | 0.35 | 0.63 |
| Feb 3, 2006 | 0.25 | 2.89 | 0.06 | — | 0.15 | 0.69 | 0.43 | 0.73 |
| Jan 28, 2005 | 0.32 | 6.18 | 0.09 | — | 0.09 | 0.73 | 0.42 | 0.64 |
Based on: 10-K (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31), 10-K (filing date: 2013-04-02), 10-K (filing date: 2012-04-02), 10-K (filing date: 2011-03-29), 10-K (filing date: 2010-03-30), 10-K (filing date: 2009-03-31), 10-K (filing date: 2008-04-01), 10-K (filing date: 2007-04-03), 10-K (filing date: 2006-04-07), 10-K (filing date: 2005-04-13).
Comparison to Sector (General Retailers)
Lowe’s Cos. Inc., debt to equity, long-term trends, comparison to sector (general retailers)
| Lowe’s Cos. Inc. | General Retailers | |
|---|---|---|
| Jan 31, 2020 | 9.79 | — |
| Feb 1, 2019 | 4.45 | 0.86 |
| Feb 2, 2018 | 2.89 | 0.84 |
| Feb 3, 2017 | 2.44 | 0.91 |
| Jan 29, 2016 | 1.65 | 0.77 |
| Jan 30, 2015 | 1.14 | 0.74 |
| Jan 31, 2014 | 0.89 | 0.76 |
| Feb 1, 2013 | 0.66 | 0.67 |
| Feb 3, 2012 | 0.46 | 0.65 |
| Jan 28, 2011 | 0.36 | 0.60 |
| Jan 29, 2010 | 0.27 | 0.53 |
| Jan 30, 2009 | 0.34 | 0.62 |
| Feb 1, 2008 | 0.41 | 0.67 |
| Feb 2, 2007 | 0.28 | 0.53 |
| Feb 3, 2006 | 0.25 | 0.49 |
| Jan 28, 2005 | 0.32 | 0.46 |
Based on: 10-K (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31), 10-K (filing date: 2013-04-02), 10-K (filing date: 2012-04-02), 10-K (filing date: 2011-03-29), 10-K (filing date: 2010-03-30), 10-K (filing date: 2009-03-31), 10-K (filing date: 2008-04-01), 10-K (filing date: 2007-04-03), 10-K (filing date: 2006-04-07), 10-K (filing date: 2005-04-13).
Comparison to Industry (Consumer Services)
Lowe’s Cos. Inc., debt to equity, long-term trends, comparison to industry (consumer services)
| Lowe’s Cos. Inc. | Consumer Services | |
|---|---|---|
| Jan 31, 2020 | 9.79 | — |
| Feb 1, 2019 | 4.45 | 1.15 |
| Feb 2, 2018 | 2.89 | 1.18 |
| Feb 3, 2017 | 2.44 | 1.01 |
| Jan 29, 2016 | 1.65 | 0.93 |
| Jan 30, 2015 | 1.14 | 0.87 |
| Jan 31, 2014 | 0.89 | 0.71 |
| Feb 1, 2013 | 0.66 | 0.64 |
| Feb 3, 2012 | 0.46 | 0.61 |
| Jan 28, 2011 | 0.36 | 0.59 |
| Jan 29, 2010 | 0.27 | 0.53 |
| Jan 30, 2009 | 0.34 | 0.54 |
| Feb 1, 2008 | 0.41 | 0.60 |
| Feb 2, 2007 | 0.28 | 0.53 |
| Feb 3, 2006 | 0.25 | 0.50 |
| Jan 28, 2005 | 0.32 | 0.47 |
Based on: 10-K (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31), 10-K (filing date: 2013-04-02), 10-K (filing date: 2012-04-02), 10-K (filing date: 2011-03-29), 10-K (filing date: 2010-03-30), 10-K (filing date: 2009-03-31), 10-K (filing date: 2008-04-01), 10-K (filing date: 2007-04-03), 10-K (filing date: 2006-04-07), 10-K (filing date: 2005-04-13).