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Annual sales of the Home Depot and Lowe's worldwide 2011-2019

This statistic depicts the annual sales of the Home Depot and Lowe's worldwide from 2011 to 2019. In 2019, the annual sales of the Home Depot amounted to about 110.23 billion U.S. dollars.

Home Improvement Companies

The Home Depot and Lowe’s Companies, Inc. are home improvement retailers which were founded in 1978 and 1946, respectively. They both offer a wide range of products ranging from electrical products to flooring. In 2019, the majority of The Home Depot’s stores were located in the United States and it operated 1,984 stores worldwide, while Lowe’s Companies, Inc. operated 1,977 stores. Both of these companies have seen an increase in their number of stores over the last few years. Customers carried out about 1.6 billion transactions at The Home Depot in 2019, with a net sales amounting to approximately 110.2 billion U.S. dollars. Lowe’s Companies, Inc. recorded a global net sales amounting to about 72.1 billion U.S. dollars in 2019.

The average amount spent by consumers on home improvement products has seen a year-on-year increase. In 2019, the average amount consumers spent at The Home Depot and Lowe’s Companies Inc., was 67.3 U.S. dollars and 78.36 U.S. dollars respectively. In a survey carried out by the National Retail Federation, The Home Depot ranked sixth in the leading 100 American retailers in 2018, with estimated retail sales of about 98.2 billion U.S. dollars. In this same survey, Lowe’s Companies, Inc. ranked ninth, with estimated retail sales amounting to about 63.77 billion U.S. dollars. Subsequently, in a review of the brand value of the 20 most valuable brands in the world, The Home Depot ranked third with an estimated brand value of 53.5 billion U.S. dollars while Lowe’s Companies, Inc. ranked eighth with a brand value which amounted to about 15 billion U.S. dollars.

Annual sales of the Home Depot and Lowe's worldwide from 2011 to 2019

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Sources

Release date

April 2020

Region

Worldwide

Survey time period

2011 to 2019

Supplementary notes

* The Home Depot data can be found on page 21 of the Home Depot 10K Report 2019. The Lowe's data can be found on page 20 of the Lowe's 10K Report 2019.

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