Lowe's Companies Inc (LOW) — Working Capital to Net Assets Ratio
Lowe's Companies Inc (LOW) has a Working Capital to Net Assets ratio of -15.0% as of January 2026. Working capital of $1.49 Billion (current assets of $20.95 Billion minus current liabilities of $19.46 Billion) is measured against net assets of $-9.92 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Lowe's Companies Inc net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lowe's Companies Inc Working Capital to Net Assets (1986–2026)
This chart shows how Lowe's Companies Inc's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1986 to 2026. As of January 2026, the ratio stands at -15.0%, reflecting working capital of $1.49 Billion against net assets of $-9.92 Billion USD. Check Lowe's Companies Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Lowe's Companies Inc (1986–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lowe's Companies Inc from 1986 to 2026, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Lowe's Companies Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -15.0% | $1.49 Billion | $-9.92 Billion | $20.95 Billion | $19.46 Billion | ▼ -3.8 pp |
| 2025 | -11.3% | $1.60 Billion | $-14.23 Billion | $20.36 Billion | $18.76 Billion | ▲ +12.0 pp |
| 2024 | -23.3% | $3.50 Billion | $-15.05 Billion | $19.07 Billion | $15.57 Billion | ▼ -9.7 pp |
| 2023 | -13.5% | $1.93 Billion | $-14.25 Billion | $21.44 Billion | $19.51 Billion | ▼ -5.4 pp |
| 2022 | -8.1% | $392.00 Million | $-4.82 Billion | $20.06 Billion | $19.67 Billion | ▼ -258.4 pp |
| 2021 | 250.2% | $3.60 Billion | $1.44 Billion | $22.33 Billion | $18.73 Billion | ▲ +243.3 pp |
| 2020 | 6.9% | $136.00 Million | $1.97 Billion | $15.32 Billion | $15.18 Billion | ▲ +14.3 pp |
| 2019 | -7.4% | $-269.00 Million | $3.64 Billion | $14.23 Billion | $14.50 Billion | ▼ -18.9 pp |
| 2018 | 11.5% | $676.00 Million | $5.87 Billion | $12.77 Billion | $12.10 Billion | ▲ +11.1 pp |
| 2017 | 0.4% | $26.00 Million | $6.43 Billion | $12.00 Billion | $11.97 Billion | ▼ -0.5 pp |
| 2016 | 0.9% | $69.00 Million | $7.65 Billion | $10.56 Billion | $10.49 Billion | ▼ -6.4 pp |
| 2015 | 7.3% | $732.00 Million | $9.97 Billion | $10.08 Billion | $9.35 Billion | ▼ -4.6 pp |
| 2014 | 12.0% | $1.42 Billion | $11.85 Billion | $10.30 Billion | $8.88 Billion | ▼ -3.0 pp |
| 2013 | 15.0% | $2.08 Billion | $13.86 Billion | $9.78 Billion | $7.71 Billion | ▲ +1.8 pp |
| 2012 | 13.2% | $2.18 Billion | $16.53 Billion | $10.07 Billion | $7.89 Billion | ▼ -2.5 pp |
| 2011 | 15.7% | $2.85 Billion | $18.11 Billion | $9.97 Billion | $7.12 Billion | ▲ +3.3 pp |
| 2010 | 12.5% | $2.38 Billion | $19.07 Billion | $9.73 Billion | $7.36 Billion | ▲ +5.7 pp |
| 2009 | 6.8% | $1.23 Billion | $18.05 Billion | $9.25 Billion | $8.02 Billion | ▲ +1.0 pp |
| 2008 | 5.8% | $935.00 Million | $16.10 Billion | $8.69 Billion | $7.75 Billion | ▼ -5.5 pp |
| 2007 | 11.3% | $1.77 Billion | $15.72 Billion | $8.31 Billion | $6.54 Billion | ▼ -2.7 pp |
| 2006 | 14.0% | $2.00 Billion | $14.30 Billion | $7.83 Billion | $5.83 Billion | ▲ +2.5 pp |
| 2005 | 11.5% | $1.33 Billion | $11.54 Billion | $6.97 Billion | $5.65 Billion | ▼ -11.0 pp |
| 2004 | 22.5% | $2.32 Billion | $10.31 Billion | $6.69 Billion | $4.37 Billion | ▼ -1.5 pp |
| 2003 | 24.0% | $1.99 Billion | $8.30 Billion | $5.57 Billion | $3.58 Billion | ▼ -4.6 pp |
| 2002 | 28.5% | $1.90 Billion | $6.67 Billion | $4.92 Billion | $3.02 Billion | ▲ +5.8 pp |
| 2001 | 22.7% | $1.25 Billion | $5.49 Billion | $4.18 Billion | $2.93 Billion | ▼ -5.5 pp |
| 2000 | 28.2% | $1.32 Billion | $4.70 Billion | $3.71 Billion | $2.39 Billion | ▲ +2.0 pp |
| 1999 | 26.2% | $820.40 Million | $3.14 Billion | $2.59 Billion | $1.77 Billion | ▲ +0.8 pp |
| 1998 | 25.4% | $660.30 Million | $2.60 Billion | $2.11 Billion | $1.45 Billion | ▲ +2.7 pp |
| 1997 | 22.7% | $503.00 Million | $2.22 Billion | $1.85 Billion | $1.35 Billion | ▼ -16.8 pp |
| 1996 | 39.5% | $653.80 Million | $1.66 Billion | $1.60 Billion | $949.90 Million | ▼ -3.6 pp |
| 1995 | 43.1% | $611.30 Million | $1.42 Billion | $1.56 Billion | $945.90 Million | ▼ -3.0 pp |
| 1994 | 46.1% | $402.70 Million | $873.70 Million | $1.08 Billion | $681.20 Million | ▲ +12.5 pp |
| 1993 | 33.6% | $246.00 Million | $733.20 Million | $745.60 Million | $499.60 Million | ▲ +6.5 pp |
| 1992 | 27.1% | $181.10 Million | $668.60 Million | $770.10 Million | $589.00 Million | ▼ -13.8 pp |
| 1991 | 40.8% | $278.80 Million | $682.70 Million | $616.50 Million | $337.70 Million | ▼ -3.8 pp |
| 1990 | 44.6% | $288.00 Million | $645.60 Million | $595.90 Million | $307.90 Million | ▼ -5.1 pp |
| 1989 | 49.7% | $291.90 Million | $586.90 Million | $577.60 Million | $285.70 Million | ▼ -5.3 pp |
| 1988 | 55.0% | $320.60 Million | $582.40 Million | $552.50 Million | $231.90 Million | ▲ +1.5 pp |
| 1987 | 53.6% | $289.60 Million | $540.50 Million | $546.90 Million | $257.30 Million | ▼ -15.9 pp |
| 1986 | 69.4% | $282.90 Million | $407.40 Million | $534.60 Million | $251.70 Million | — |