Annual sales of the Home Depot and Lowe's worldwide 2011-2018

This statistic depicts the annual sales of the Home Depot and Lowe's worldwide from 2011 to 2018. In 2018, the annual sales of the Home Depot amounted to about 108.2 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 2017, the majority of The Home Depot’s stores were located in the United States and it operated 2,284 stores worldwide, while Lowe’s Companies, Inc. operated 2,152 stores. Both of these companies have seen an increase in their number of stores over the last few years. Customers carried out about 1.5 billion transactions at The Home Depot in 2015, with a net sales amounting to approximately 88.52 billion U.S. dollars. Lowe’s Companies, Inc. recorded a global net sales amounting to about 59.07 billion U.S. dollars in 2015.

The average amount spent by consumers on home improvement products has seen a year-on-year increase. In 2015, the average amount consumers spent at The Home Depot and Lowe’s Companies Inc., was 58.77 U.S. dollars and 67.26 U.S. dollars respectively. In a survey carried out by the National Retail Federation, The Home Depot ranked fourth in the leading 100 American retailers in 2016, with estimated retail sales of about 85.09 billion U.S. dollars. In this same survey, Lowe’s Companies, Inc. ranked ninth, with estimated retail sales amounting to about 60.41 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 40.33 billion U.S. dollars while Lowe’s Companies, Inc. ranked seventh with a brand value which amounted to about 13.38 billion U.S. dollars.

Annual sales of the Home Depot and Lowe's worldwide from 2011 to 2018

DIY ChainHome DepotLowe's
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Sources

Release date

April 2019

Region

Worldwide

Survey time period

2011 to 2018

Supplementary notes

* The Home Depot data can be found on page 20 of the Home Depot 10K Report 2017. The Lowe's data can be found on page 20 of the Lowe's 10K Report 2017.

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