Lowe’s Companies Stock Hands $76 Bil Back – Worth a Look?

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LOW: Lowe's Companies logo
LOW
Lowe's Companies

In the last decade, Lowe’s Companies (LOW) stock has returned a notable $76 Bil back to its shareholders through cold, hard cash via dividends and buybacks. Let’s look at some numbers and compare how this payout power stacks up against the market’s biggest capital-return machines.

As it turns out, LOW stock has returned the 30th highest amount to shareholders in history.

  LOW S&P Median
Dividends $19 Bil $4.5 Bil
Share Repurchase $57 Bil $5.6 Bil
Total Returned $76 Bil $9.4 Bil
Total Returned as % of Current Market Cap 49.2% 24.6%

Why should you care? Because dividends and share repurchases represent direct, tangible returns of capital to shareholders. They also signal management’s confidence in the company’s financial health and ability to generate sustainable cash flows. And there are more stocks like that. Here is a list of the top 10 companies ranked by total capital returned to shareholders via dividends and stock repurchases.

Top 10 Stocks By Total Shareholder Return

Relevant Articles
  1. Lowe’s Companies Stock To $189?
  2. Would You Still Hold Lowe’s Companies Stock If It Fell 30%?
  3. The Hidden Drivers You Missed in Lowe’s Q3 Results
  4. Lowe’s Companies Stock In Downward Spiral: -8.7% Loss After 9-Day Losing Streak
  5. Lowe’s Companies Stock Plummets -6.7% as Sell-Off Continues With 7-Day Streak
  6. LOW Delivers $76 Bil to Shareholders Over the Last 10 Years

  Total Money Returned As % Of Current Market Cap via Dividends via Share Repurchases
AAPL $847 Bil 22.9% $141 Bil $706 Bil
MSFT $368 Bil 11.0% $169 Bil $200 Bil
GOOGL $357 Bil 8.9% $15 Bil $342 Bil
XOM $218 Bil 38.0% $146 Bil $72 Bil
WFC $212 Bil 75.5% $58 Bil $153 Bil
META $183 Bil 11.2% $9.1 Bil $174 Bil
JPM $181 Bil 21.6% $0.0 $181 Bil
JNJ $159 Bil 30.2% $105 Bil $54 Bil
ORCL $158 Bil 31.0% $35 Bil $123 Bil
CVX $157 Bil 48.5% $99 Bil $58 Bil

For full ranking, visit Buybacks & Dividends Ranking

What do you notice here? The total capital returned to shareholders as a % of the current market cap appears inversely proportional to growth prospects for reinvestments. Stocks like Meta (META) and Microsoft (MSFT) are growing much faster, in a more predictable way, compared to the others, but they have returned a much lower fraction of their market cap to shareholders.

That’s the flip side to high capital returns. Sure, they are attractive, but you have to ask yourself the question: Am I sacrificing growth and sound fundamentals? With that in mind, let’s look at some numbers for LOW. (see Buy or Sell Lowe’s Companies Stock for more details)

Lowe’s Companies Fundamentals

  • Revenue Growth: 0.6% LTM and -4.2% last 3-year average.
  • Cash Generation: Nearly 8.4% free cash flow margin and 12.2% operating margin LTM.
  • Recent Revenue Shocks: The minimum annual revenue growth in the last 3 years for LOW was -7.2%.
  • Valuation: Lowe’s Companies stock trades at a P/E multiple of 22.8

  LOW S&P Median
Sector Consumer Discretionary
Industry Home Improvement Retail
PE Ratio 22.8 24.4

   
LTM* Revenue Growth 0.6% 6.4%
3Y Average Annual Revenue Growth -4.2% 5.7%
Min Annual Revenue Growth Last 3Y -7.2% 0.2%

   
LTM* Operating Margin 12.2% 18.8%
3Y Average Operating Margin 12.5% 18.4%
LTM* Free Cash Flow Margin 8.4% 13.5%

*LTM: Last Twelve Months

The table gives good overview of what you get from LOW stock, but what about the risk?

LOW Historical Risk

Low’s stock isn’t immune to big hits. It fell over 42% in the Dot-Com crash and dropped 60% in the Global Financial Crisis. The 2018 correction and inflation shock dragged it down around 26% and 34%, respectively. Even during the Covid sell-off, it lost nearly 49%. Solid fundamentals matter, but history shows this stock can still take serious hits when markets turn.

But the risk is not limited to major market crashes. Stocks fall even when markets are good – think events like earnings, business updates, and outlook changes. Read LOW Dip Buyer Analyses to see how the stock has recovered from sharp dips in the past.

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