The Business StudyHome/Compare/Home Depot vs Lowe's
Home Depot vs Lowe's: who makes more money?
Home Depot is bigger: $165 billion in revenue against $86.3 billion for Lowe's, about 1.9 times as much. It also keeps more of each sale: $8.60 of every $100 versus $7.71. Across 5 rounds from their latest annual reports, Home Depot wins 5.
From each company's latest Form 10-K: Home Depot (year ended February 1, 2026) and Lowe's (year ended January 30, 2026). Page updated November 8, 2026.
Revenue Money coming in
Net profit After every cost and tax
Kept per $100 of sales Profit margin
Employees As each 10-K states it
Revenue per employee Revenue ÷ employees
Growth over 5 years Revenue, first to latest year shown
How each one makes its money.
Home Depot sells home improvement products to homeowners and contractors, and supplies pros through distributors like SRS.
How Home Depot makes moneyLowe's sells home improvement products, from appliances and lumber to paint and garden supplies, mostly in the United States.
How Lowe's makes moneyQuick answers.
Who makes more money, Home Depot or Lowe's?
Home Depot: $165 billion in revenue against $86.3 billion.
Which is more profitable, Home Depot or Lowe's?
Home Depot keeps more of each dollar ($8.60 of every $100). In total profit, Home Depot made more: $14.2 billion.
Which has more employees, Home Depot or Lowe's?
Home Depot, with about 472,400 against 276,000.
Sources: The Home Depot, Inc. Form 10-K and Lowe's Companies, Inc. Form 10-K on SEC EDGAR. Fiscal years can end in different months, so each side uses its own latest year. Profit means net income.