Lowe's Companies Inc

LOW
Failed

Company Overview

Lowe's Companies, Inc. engages in the retail sale of home improvement products. The firm offers products for maintenance, repair, remodeling, home decorating, and property maintenance. It also provides home improvement products in the following categories: appliances, seasonal & outdoor living, lumber, lawn & garden, kitchens & bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, flooring, and décor. The company was founded in 1946 and is headquartered in Mooresville, NC.

Country
US
Market Cap
$125.50B
Last Fiscal Year
2024
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.12% passed
5% Threshold
0.1%
Liabilities Compliance
31.99% failed
33% Threshold
32.0%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Lowe's Companies Inc
Ticker LOW
Main Business Home Improvement Retail
Type Common Stock
Industry Home Improvement Retail
Country US
Market Cap $125.50 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Home Décor $32,130.0 $0.0 -
Building Products $26,894.0 $0.0 -
Hardlines $25,020.0 $0.0 -
Other $2,333.0 $0.0 -
Interest income $101.0 $101.0 -
Total $86,478.0 $101.0 0.12% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $1,020,000,000.0 0.81%
long term debt and capital lease obligation $39,120,000,000.0 31.17%
Total Interest-Bearing Debt $40,140,000,000.0 31.99%
Market Capitalization $125,495,863,200.0 100.00%
Compliance Status Threshold: 33% failed