Lowe's Companies, Inc. (LOW)
Lowe's is the second-largest US home-improvement retailer, competing directly with Home Depot for DIY and pro customers. Its results track closely with housing activity and consumer spending on the home.
LOW vs ROST: how the two businesses compare
- Bigger business: LOW, with $86.3B of yearly revenue, about 3.8× ROST's $22.8B.
- More profitable: ROST keeps 9 cents of each sales dollar as profit, against 8 cents at LOW.
- More cash from each sale: ROST turns 13 cents of each sales dollar into operating cash flow, against 11 cents at LOW.
From each company's latest annual SEC filing. Fiscal years can end on different dates.
Lowe's Companies (LOW) is the larger business by reported revenue: $86.3B in its fiscal year ended Jan 2026, about 3.8× ROST's $22.8B (fiscal year ended Jan 2026). LOW's net margin was 7.7% and ROST's 9.4%. The SEC classifies them differently (Retail-Lumber & Other Building Materials Dealers; Retail-Family Clothing Stores); what connects them is shared exposure to the Economic trends research theme, not a common industry.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Consumer Discretionary
- Different
- Separate classifications
- Different
- LOW January 31 · ROST February 1
- Mar 31, 2026
LOW vs ROST: quick comparison
| Company fact | LOW | ROST |
|---|---|---|
| Company | Lowe's Companies, Inc. | Ross Stores, Inc. |
| Exchange | NYSE | NASDAQ |
| Headquarters | Mooresville, North Carolina | — |
| Founded | 1921 | — |
| SEC industry | Retail-Lumber & Other Building Materials Dealers | Retail-Family Clothing Stores |
| Fiscal year-end | January 31 | February 1 |
| Latest annual filing | 10-K · 2026-03-23 | 10-K · 2026-03-31 |
LOW vs ROST: audited financials
- Scale: LOW's $86.3B of revenue is about 3.8× ROST's $22.8B.
- Net margin: ROST kept 9.4% of revenue as net income versus 7.7% at LOW.
- Cash conversion: operating cash flow equalled LOW 11.4% of revenue, or 1.48× net income; ROST 13.3% of revenue, or 1.41× net income. A ratio well above 1× usually reflects non-cash charges or working-capital release; well below 1× can reflect working-capital build or non-cash gains.
- Periods: the fiscal years end 1 days apart (2026-01-30 and 2026-01-31), so these annual figures cover close to the same months.
| Metric | LOW | ROST |
|---|---|---|
| Revenue | $86.3B2025-02-01 to 2026-01-30 · SEC filing | $22.8B2025-02-02 to 2026-01-31 · SEC filing |
| Net income | $6.7B2025-02-01 to 2026-01-30 · SEC filing | $2.1B2025-02-02 to 2026-01-31 · SEC filing |
| Operating cash flow | $9.9B2025-02-01 to 2026-01-30 · SEC filing | $3.0B2025-02-02 to 2026-01-31 · SEC filing |
| Diluted EPS | $11.852025-02-01 to 2026-01-30 · SEC filing | $6.612025-02-02 to 2026-01-31 · SEC filing |
| Net margin | 7.7%2025-02-01 to 2026-01-30 · SEC filing | 9.4%2025-02-02 to 2026-01-31 · SEC filing |
LOW: FY ending 2026-01-30 · ROST: FY ending 2026-01-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where LOW and ROST overlap, and where they don't
Overlap
- Shared research theme: Economic trends.
- Nearly aligned fiscal calendars: LOW's year ends January 31 and ROST's February 1.
Differences
- Different SEC industries: LOW files as Retail-Lumber & Other Building Materials Dealers; ROST as Retail-Family Clothing Stores.
- Scale: LOW reported about 3.8× the annual revenue of ROST.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Ross Stores, Inc. (ROST)
Ross Stores runs off-price retail chains Ross Dress for Less and dd's Discounts selling discounted apparel and home goods.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves LOW
We have not yet published a company-specific driver list for LOW. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-03-23.
What moves ROST
We have not yet published a company-specific driver list for ROST. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-03-31.
The investment question
You now know LOW reports about 3.8× ROST's revenue, and ROST keeps more of each dollar as net income. Those are the facts. The investment question is what each share price already assumes about their exposure to economic trends, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. LOW's fiscal year ends January 31, while ROST's ends February 1. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 27 matched transaction rows for LOW and 8 matched transaction rows for ROST. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
LOW primary filings
ROST primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
LOW vs ROST FAQs
Are LOW and ROST direct competitors?
Not necessarily. Lowe's Companies files as Retail-Lumber & Other Building Materials Dealers and Ross Stores as Retail-Family Clothing Stores. The pair is compared because both map to the Economic trends research theme, not because the filings show head-to-head competition.
Is LOW or ROST the bigger company by revenue?
Lowe's Companies (LOW) is the larger business by reported revenue: $86.3B in its fiscal year ended Jan 2026, about 3.8× ROST's $22.8B (fiscal year ended Jan 2026). LOW's net margin was 7.7% and ROST's 9.4%. The SEC classifies them differently (Retail-Lumber & Other Building Materials Dealers; Retail-Family Clothing Stores); what connects them is shared exposure to the Economic trends research theme, not a common industry. Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, LOW or ROST?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this LOW vs ROST comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Lowe's Companies, Inc. and Ross Stores, Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
LOW vs ROST compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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