Home Depot vs Lowe's: Market Cap, Revenue and Profit Compared
Home improvement rivals. Size and profitability side by side, using the exact figures from SEC filings.
Data updated: Nov 6, 2026 · Based on each company's latest annual report, so fiscal year ends may differ.
Quick answers
Which has the larger market cap?
Home Depot is worth about $349.2 billion, 2.7 times Lowe's (about $127.5 billion). Based on the Nov 5, 2026 close.
Which has more revenue?
Home Depot brought in $164.683B in its latest fiscal year (FY2026), against $86.286B for Lowe's (FY2026).
Which is more profitable?
Home Depot has the higher net margin at 8.6%, against 7.7% for Lowe's. Out of every $100 of revenue, Home Depot keeps more as net income.
Which is growing faster?
Home Depot had the faster revenue growth in its latest fiscal year: +3.2%, against +3.1% for Lowe's.
Home Depot
HD · FY2026 annual report
Revenue $164.683B
Net income $14.156B
- Cost of revenue66.7%
- SG&A and other20.6%
- Taxes, interest & other4.1%
- Net income8.6%
Lowe's
LOW · FY2026 annual report
Revenue $86.286B
Net income $6.654B
- Cost of revenue66.5%
- SG&A and other21.7%
- Taxes, interest & other4.1%
- Net income7.7%
Size
| Item | Home Depot | Lowe's |
|---|---|---|
| Market cap | $349.2B#27 of 289 | $127.5B#88 of 289 |
| Revenue | $164.683B#22 of 299 | $86.286B#46 of 299 |
| Operating income | $20.89B#13 of 231 | $10.153B#31 of 231 |
| Net income | $14.156B#28 of 298 | $6.654B#68 of 298 |
| Free cash flow | $12.646B#29 of 261 | $7.651B#60 of 261 |
| Total assets | $105.095B#80 of 299 | $54.144B#146 of 299 |
| Dividends paid | $9.152B#12 of 214 | $2.636B#59 of 214 |
| Dividend per share | $9.20#9 of 205 | $4.75#48 of 205 |
| Dividend yield | 2.6%#49 of 203 | 2.1%#80 of 203 |
Profitability and stability
| Item | Home Depot | Lowe's |
|---|---|---|
| Net margin | 8.6%#221 of 298 | 7.7%#226 of 298 |
| Revenue growth | +3.2%#225 of 299 | +3.1%#226 of 299 |
| Operating margin | 12.7%#155 of 231 | 11.8%#162 of 231 |
| FCF margin | 7.7%#192 of 261 | 8.9%#186 of 261 |
| ROE | 145.5%#6 of 276 | —Not ranked |
| Debt-to-equity | 720.2%#229 of 244 | —Not ranked |