Lowe's Companies, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $6.65B | $6.96B | $7.73B | $6.44B | $8.44B | $5.84B | $4.28B | $2.31B |
| Depreciation & Amortization | $2.19B | $1.97B | $1.92B | $1.98B | $1.88B | $1.59B | $1.41B | $1.61B |
| Depreciation | $2.10B | $2.00B | $1.90B | $1.90B | $1.80B | $1.50B | $1.40B | $1.60B |
| Amortization | $140.0M | $13.0M | $13.0M | $28.0M | $32.0M | $59.0M | $39.0M | — |
| Stock-Based Compensation | $247.0M | $221.0M | $210.0M | $223.0M | $230.0M | $155.0M | $98.0M | $74.0M |
| Net Cash from Operating Activities | $9.86B | $9.63B | $8.14B | $8.59B | $10.11B | $11.05B | $4.30B | $6.19B |
| Investing Activities | ||||||||
| Capital Expenditures | $2.21B | $1.93B | $1.96B | $1.83B | $1.85B | $1.79B | $1.48B | $1.17B |
| Business Acquisitions | $10.09B | $0 | $0 | — | — | — | $0 | $0 |
| Net Cash from Investing Activities | $-12.26B | $-1.74B | $-1.90B | $-1.31B | $-1.65B | $-1.89B | $-1.37B | $-1.08B |
| Financing Activities | ||||||||
| Dividends Paid | $2.64B | $2.57B | $2.53B | $2.37B | $1.98B | $1.70B | $1.62B | $1.46B |
| Stock Repurchases | $211.0M | $4.05B | $6.14B | $14.12B | $13.01B | $4.97B | $4.31B | $3.04B |
| Net Cash from Financing Activities | $1.62B | $-7.05B | $-6.67B | $-7.05B | $-12.02B | $-5.19B | $-2.74B | $-5.12B |
| Net Change in Cash | $-779.0M | $840.0M | $-427.0M | $215.0M | $-3.56B | $3.97B | $205.0M | $-77.0M |
| Free Cash Flow | $7.65B | $7.70B | $6.18B | $6.76B | $8.26B | $9.26B | $2.81B | $5.02B |