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Side-by-side financial comparison of Lowe's (LOW) and T-Mobile US (TMUS). Click either name above to swap in a different company.
T-Mobile US is the larger business by last-quarter revenue ($23.1B vs $20.8B, roughly 1.1× Lowe's). T-Mobile US runs the higher net margin — 10.8% vs 7.8%, a 3.1% gap on every dollar of revenue. On growth, T-Mobile US posted the faster year-over-year revenue change (10.6% vs 3.2%). T-Mobile US produced more free cash flow last quarter ($4.6B vs $90.0M). Over the past eight quarters, T-Mobile US's revenue compounded faster (8.1% CAGR vs -8.7%).
Lowe's Companies, Inc. is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States. As of October 28, 2022, Lowe's and its related businesses operated 2,181 home improvement and hardware stores in North America.
T-Mobile US, Inc. is an American wireless network operator headquartered in Bellevue, Washington. Its majority shareholder and namesake is the German telecommunications company Deutsche Telekom. T-Mobile is the second largest wireless carrier in the United States, with 140 million subscribers as of September 30, 2025.
LOW vs TMUS — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $20.8B | $23.1B |
| Net Profit | $1.6B | $2.5B |
| Gross Margin | 34.2% | — |
| Operating Margin | 11.9% | 20.8% |
| Net Margin | 7.8% | 10.8% |
| Revenue YoY | 3.2% | 10.6% |
| Net Profit YoY | -4.7% | -15.2% |
| EPS (diluted) | $2.88 | $2.27 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $23.1B | ||
| Q4 25 | $20.8B | $24.3B | ||
| Q3 25 | — | $22.0B | ||
| Q2 25 | $20.9B | $21.1B | ||
| Q1 25 | — | $20.9B | ||
| Q4 24 | $20.2B | $21.9B | ||
| Q3 24 | $23.6B | $20.2B | ||
| Q2 24 | $21.4B | $19.8B |
| Q1 26 | — | $2.5B | ||
| Q4 25 | $1.6B | $2.1B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | $1.6B | $3.2B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | $1.7B | $3.0B | ||
| Q3 24 | $2.4B | $3.1B | ||
| Q2 24 | $1.8B | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | 34.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 33.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 33.7% | — | ||
| Q3 24 | 33.5% | — | ||
| Q2 24 | 33.2% | — |
| Q1 26 | — | 20.8% | ||
| Q4 25 | 11.9% | 15.4% | ||
| Q3 25 | — | 20.6% | ||
| Q2 25 | 11.9% | 24.7% | ||
| Q1 25 | — | 23.0% | ||
| Q4 24 | 12.6% | 21.0% | ||
| Q3 24 | 14.6% | 23.8% | ||
| Q2 24 | 12.4% | 23.4% |
| Q1 26 | — | 10.8% | ||
| Q4 25 | 7.8% | 8.6% | ||
| Q3 25 | — | 12.4% | ||
| Q2 25 | 7.8% | 15.2% | ||
| Q1 25 | — | 14.1% | ||
| Q4 24 | 8.4% | 13.6% | ||
| Q3 24 | 10.1% | 15.2% | ||
| Q2 24 | 8.2% | 14.8% |
| Q1 26 | — | $2.27 | ||
| Q4 25 | $2.88 | $1.89 | ||
| Q3 25 | — | $2.41 | ||
| Q2 25 | $2.92 | $2.84 | ||
| Q1 25 | — | $2.58 | ||
| Q4 24 | $2.99 | $2.56 | ||
| Q3 24 | $4.17 | $2.61 | ||
| Q2 24 | $3.06 | $2.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $3.5B |
| Total DebtLower is stronger | $37.5B | $86.0B |
| Stockholders' EquityBook value | $-10.4B | $55.9B |
| Total Assets | $53.5B | $214.7B |
| Debt / EquityLower = less leverage | — | 1.54× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.5B | ||
| Q4 25 | $1.0B | $5.6B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | $3.4B | $10.3B | ||
| Q1 25 | — | $12.0B | ||
| Q4 24 | $3.6B | $5.4B | ||
| Q3 24 | $4.7B | $9.8B | ||
| Q2 24 | $3.5B | $6.4B |
| Q1 26 | — | $86.0B | ||
| Q4 25 | $37.5B | $86.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | $30.5B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $32.9B | $78.3B | ||
| Q3 24 | $34.7B | — | ||
| Q2 24 | $34.6B | — |
| Q1 26 | — | $55.9B | ||
| Q4 25 | $-10.4B | $59.2B | ||
| Q3 25 | — | $60.5B | ||
| Q2 25 | $-13.3B | $61.1B | ||
| Q1 25 | — | $61.1B | ||
| Q4 24 | $-13.4B | $61.7B | ||
| Q3 24 | $-13.8B | $64.3B | ||
| Q2 24 | $-14.6B | $62.6B |
| Q1 26 | — | $214.7B | ||
| Q4 25 | $53.5B | $219.2B | ||
| Q3 25 | — | $217.2B | ||
| Q2 25 | $45.4B | $212.6B | ||
| Q1 25 | — | $214.6B | ||
| Q4 24 | $44.7B | $208.0B | ||
| Q3 24 | $44.9B | $210.7B | ||
| Q2 24 | $45.4B | $208.6B |
| Q1 26 | — | 1.54× | ||
| Q4 25 | — | 1.46× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $687.0M | $7.2B |
| Free Cash FlowOCF − Capex | $90.0M | $4.6B |
| FCF MarginFCF / Revenue | 0.4% | 19.9% |
| Capex IntensityCapex / Revenue | 2.9% | 0.0% |
| Cash ConversionOCF / Net Profit | 0.43× | 2.88× |
| TTM Free Cash FlowTrailing 4 quarters | $6.4B | $18.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $7.2B | ||
| Q4 25 | $687.0M | $6.7B | ||
| Q3 25 | — | $7.5B | ||
| Q2 25 | $3.4B | $7.0B | ||
| Q1 25 | — | $6.8B | ||
| Q4 24 | $1.3B | $5.5B | ||
| Q3 24 | $3.2B | $6.1B | ||
| Q2 24 | $4.3B | $5.5B |
| Q1 26 | — | $4.6B | ||
| Q4 25 | $90.0M | $4.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | $2.9B | $4.6B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | $728.0M | $3.3B | ||
| Q3 24 | $2.7B | $4.2B | ||
| Q2 24 | $3.9B | $3.5B |
| Q1 26 | — | 19.9% | ||
| Q4 25 | 0.4% | 17.2% | ||
| Q3 25 | — | 21.9% | ||
| Q2 25 | 13.7% | 21.7% | ||
| Q1 25 | — | 21.0% | ||
| Q4 24 | 3.6% | 15.3% | ||
| Q3 24 | 11.6% | 20.7% | ||
| Q2 24 | 18.2% | 17.6% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 2.9% | 10.1% | ||
| Q3 25 | — | 12.0% | ||
| Q2 25 | 2.5% | 11.3% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | 2.8% | 10.1% | ||
| Q3 24 | 1.8% | 9.7% | ||
| Q2 24 | 1.8% | 10.3% |
| Q1 26 | — | 2.88× | ||
| Q4 25 | 0.43× | 3.16× | ||
| Q3 25 | — | 2.75× | ||
| Q2 25 | 2.06× | 2.17× | ||
| Q1 25 | — | 2.32× | ||
| Q4 24 | 0.77× | 1.86× | ||
| Q3 24 | 1.32× | 2.01× | ||
| Q2 24 | 2.43× | 1.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOW
| Home Decor | $7.8B | 37% |
| Building Products | $6.9B | 33% |
| Hardlines | $5.1B | 25% |
| Services | $753.0M | 4% |
| Other | $384.0M | 2% |
TMUS
| Postpaid service revenues | $15.6B | 68% |
| Other | $7.5B | 32% |
