Enterprise Value (EV)
Paying user area
Try for free
Lowe’s Cos. Inc. pages available for free this week:
- Analysis of Liquidity Ratios
- Common Stock Valuation Ratios
- Present Value of Free Cash Flow to Equity (FCFE)
- Current Ratio since 2005
- Price to Earnings (P/E) since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Sales (P/S) since 2005
- Analysis of Revenues
- Analysis of Debt
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Lowe’s Cos. Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Current Enterprise Value (EV)
Lowe’s Cos. Inc., current enterprise value calculation
| Current share price (P) | |
| No. shares of common stock outstanding | |
| US$ in millions | |
| Common equity (market value)1 | |
| Add: Preferred stock, $5 par value, issued and outstanding: none (per books) | |
| Total equity | |
| Add: Short-term borrowings (per books) | |
| Add: Current maturities of long-term debt (per books) | |
| Add: Long-term debt, excluding current maturities (per books) | |
| Total equity and debt | |
| Less: Cash and cash equivalents | |
| Less: Short-term investments | |
| Enterprise value (EV) | |
Based on: 10-K (reporting date: 2026-01-30).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
Historical Enterprise Value (EV)
Lowe’s Cos. Inc., EV calculation
Based on: 10-K (reporting date: 2026-01-30), 10-K (reporting date: 2025-01-31), 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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Lowe’s Cos. Inc. Annual Report.
3 2026 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
The enterprise value exhibited a fluctuating pattern over the observed period. Initially, an increase is noted between January 2021 and January 2022, followed by a decline, then subsequent increases, and finally a leveling off towards the end of the period.
- Overall Trend
- Enterprise value began at US$147.046 billion in January 2021, rose to a peak of US$180.028 billion in February 2024, and then decreased to US$163.704 billion in January 2025, before slightly increasing to US$169.764 billion in January 2026. This suggests periods of growth followed by consolidation or correction.
- Relationship to Equity
- Common equity (market value) and total equity values mirrored each other throughout the period, as they are reported as identical figures. Both experienced an increase from January 2021 to January 2022, a decrease in February 2023, and then a recovery in February 2024, followed by a slight decline and stabilization. The enterprise value consistently exceeded the total equity, indicating a significant contribution from debt financing.
- Debt Component
- Total equity and debt increased from US$152.242 billion in January 2021 to US$175.298 billion in January 2022, decreased to US$147.584 billion in February 2023, and then rose again to US$181.256 billion in February 2024. It then decreased to US$165.837 billion in January 2025 and increased slightly to US$171.116 billion in January 2026. The fluctuations in total equity and debt appear to correlate with the changes observed in enterprise value, suggesting that debt levels are a key driver of the overall enterprise value.
The period between January 2021 and January 2026 demonstrates a dynamic relationship between equity, debt, and enterprise value. While equity values show some volatility, the enterprise value’s movements are likely influenced by both equity and debt components, with debt playing a substantial role in determining the overall valuation.