# Lowe's Companies (LOW.US)

Canonical: https://gigainvestors.com/s/LOW

Analysis as of: 2026-10-16T07:29:55.304Z. Financial observations: FY1997–FY2027.

Listing currency: USD. Reporting currency: USD.

## Verdict

A wonderful business at too high a price

Quality tests for Buy: pass (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $195.72 per share; close as of 2026-10-15.

Estimated value: low $156.94 per share, central $178.48 per share, high $207.18 per share. Buy at or below the central value $178.48 per share. Valuation as of 2026-10-16T07:29:55.304Z; scenarios are not confidence intervals.

Expected annual return: 9.4% at the stated quote. About 9.4% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: pass

- 2 revenue declines in the last 10 years (informational)

- Financial history: 10 years

- Years with declining revenue: 2

- Years with a net loss: 0

- Operating margin variation: 0.21×

Chart: Operating margin; fiscal year observations.

- FY2018: 0.10×

- FY2019: 0.06×

- FY2020: 0.09×

- FY2021: 0.11×

- FY2022: 0.13×

- FY2023: 0.10×

- FY2024: 0.13×

- FY2025: 0.13×

- FY2026: 0.12×

- LTM to Jul 2026: 0.11×

### moat: pass

- ROIC, median of available years: 29.5%

- ROIC, second-lowest year: 18.6%

- Typical minus recent gross margin: -0.1 pp

- Typical gross margin (annual median): 33.3%

- Recent gross margin (lower of latest and 3-year median): 33.4%

- Years with nonpositive capital: 0

- Capital spending / revenue: 2.0%

- ROIC including acquisitions, ten-year median: 21.6%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2018: 20.6%

- FY2019: 14.5%

- FY2020: 19.6%

- FY2021: 32.9%

- FY2022: 39.9%

- FY2023: 33.4%

- FY2024: 37.3%

- FY2025: 34.6%

- FY2026: 26.2%

- LTM to Jul 2026: 28.7%

### economics: pass

- Owner earnings / net income, 5-yr: 1.01×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $36B

- Net income, five-year total: $36B

- Return on incremental invested capital: 64.2%

- Working capital / revenue, annual change: 1.0 pp

- Working capital / revenue, change between three-year averages: 6.5 pp

- Working capital / revenue, final three-year average: 7.9%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2022: 1.00×

- FY2023: 1.02×

- FY2024: 0.99×

- FY2025: 1.01×

- FY2026: 1.00×

### management: pass

- Historical market-dollar context (not the management verdict): 2017 to 2026 (9 years)

- potential debt-funded buybacks (informational)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 18.6% vs 34.6%

- Per-share earnings: 3.51 to 12.25 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: -4.9%

- Ordinary dilution, 5-year annual growth: -5.7%

- Market cap gain: $87B

- Cumulative retained earnings: -$17B

- Diluted shares, 10-year annual growth: -4.9%

- Diluted shares, 5-year annual growth: -5.7%

- $1 test, starting fiscal year: FY2017

- $1 test, ending fiscal year: FY2026

- Per-share value growth: 16.9%

- Per-share value change: $8.74

- Per-share value, starting three-year median: $3.51

- Per-share value, ending three-year median: $12.25

- Buybacks concentrated in cheaper years (correlation): 0.81

- Average buyback yield: 5.0%

- Buyback history: 10 years

- Debt-funded buybacks: Yes

- Acquisition spending: $13B

- Cumulative net income, 10 years: $55B

- ROIC, first three-year median: 18.6%

- ROIC, last three-year median: 34.6%

Chart: Earnings per share; fiscal year observations.

- FY2017: $3.51

- FY2018: $4.10

- FY2019: $2.85

- FY2020: $5.50

- FY2021: $7.78

- FY2022: $12.08

- FY2023: $10.20

- FY2024: $13.23

- FY2025: $12.25

- FY2026: $11.88

### accounting: pass

- latest-year receivables to sales index (DSRI) exceeds 1.465

- Sloan accruals: -5.9%

- Receivables to sales index (DSRI): 11.24×

- Restructuring years, last five: 0

- Stock compensation / operating cash flow: 2.5%

- Earnings backed by cash: Yes

- Operating cash / earnings: 1.48×

- Accounting red flags: 1

Chart: Sloan accruals; fiscal year observations.

- FY2017: -7.3%

- FY2018: -4.6%

- FY2019: -11.2%

- FY2020: -0.0%

- FY2021: -10.8%

- FY2022: -3.6%

- FY2023: -4.8%

- FY2024: -1.0%

- FY2025: -6.0%

- FY2026: -5.9%

## Holders

- [David Katz](https://gigainvestors.com/MAVFX): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Thomas Gayner](https://gigainvestors.com/MKL): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Andrew Adams](https://gigainvestors.com/MPF): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 28% since Nov 2024 · "Lowe’s Cuts Full-Year Sales Outlook as DIY Spending Remains Under Pressure" (finance.yahoo.com, Aug 2026) · sales +3.1%

Story as of 2026-10-16T09:59:05.543Z; price observation 2026-10-15.

Price needs cash profits to grow 2.6% a year for ten years

- 2025-08-20: Lowe's to Buy Foundation Building Materials for $8.8B, Lifts Outlook ([finance.yahoo.com](https://finance.yahoo.com/news/lowes-buy-foundation-building-materials-215146047.html))

- 2025-11-19: Lowe’s Sales Rise, Boosted by Growth in Pro Builder Business ([finance.yahoo.com](https://finance.yahoo.com/m/62e638e4-a8dd-3448-967d-39917a30cb11/lowe%E2%80%99s-sales-rise%2C-boosted-by.html))

- 2026-03-06: How Investors Are Reacting To Lowe's (LOW) Cautious 2026 Guidance After Profit Decline ([finance.yahoo.com](https://finance.yahoo.com/news/investors-reacting-lowes-low-cautious-071043184.html))

- 2026-05-21: Lowe's Faces 'Constrained' Earnings Growth Amid Weak DIY Demand, BofA Says ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/lowe-apos-faces-apos-constrained-150140978.html))

- 2026-08-19: Lowe’s Cuts Full-Year Sales Outlook as DIY Spending Remains Under Pressure ([finance.yahoo.com](https://finance.yahoo.com/real-estate/articles/lowe-cuts-full-sales-outlook-133825179.html))

- 2026-09-01: Lowe's Cuts 2026 Outlook as DIY Pressure Tests Its Growth Engines ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/lowes-cuts-2026-outlook-diy-141500206.html))

### Sales · FY2025–2026

sales +3.1%; source https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm; observed 2026-03-23.

- FY2017: $65B 

- FY2018: $69B 

- FY2019: $71B 

- FY2020: $72B 

- FY2021: $90B 

- FY2022: $96B 

- FY2023: $97B 

- FY2024: $86B 

- FY2025: $84B 

- FY2026: $86B 

### Gross margin · FY2026

gross margin 33.5%; source https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm; observed 2026-03-23.

- FY2017: 33.3% 

- FY2018: 32.7% 

- FY2019: 32.1% 

- FY2020: 31.8% 

- FY2021: 33.0% 

- FY2022: 33.3% 

- FY2023: 33.2% 

- FY2024: 33.4% 

- FY2025: 33.3% 

- FY2026: 33.5% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in home improvement retail; annual sales are USD 86.3 billion.

- Source: https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm (filed 2026-03-23); FY2026: revenue 86286000000; grossProfit 28885000000; margin = grossProfit / revenue.

### Why customers stay

Margins ranged from 33.3% to 33.5% during 2024–26; it earns 29.5% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2024: grossProfit / revenue = 33.4%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2025: grossProfit / revenue = 33.3%.

- Source: https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm (filed 2026-03-23); FY2026: grossProfit / revenue = 33.5%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); 10-year return on capital observations [[2017,0.18633354582454764],[2018,0.2064676376965371],[2019,0.1454440048562408],[2020,0.19586375417829097],[2021,0.32851186541000404],[2022,0.39857316818009453],[2023,0.3335481669007959],[2024,0.3725322312077278],[2025,0.3458237309989621],[2026,0.26214470530440465]]; median 0.29532828535720435. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Can it raise prices

Kept about a 33% gross margin through 2022 cost inflation.

- Source: https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm (filed 2026-03-23); Gross margin observations: [[2021,0.33005569382903444],[2022,0.33304935064935065],[2023,0.33234424422258624]]; range within 2 percentage points.

### Where the cash goes

Earns 64.2% on new investment; paid dividends in 10 of 10 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2017: growth capex 0; upkeep 1167000000; cash acquisitions 2356000000; owner earnings 3514000000. Growth capex plus acquisitions / owner earnings = 0.6704610130904952.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2018: growth capex 0; upkeep 1123000000; cash acquisitions 509000000; owner earnings 3864000000. Growth capex plus acquisitions / owner earnings = 0.1317287784679089.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2019: growth capex 0; upkeep 1174000000; cash acquisitions 0; owner earnings 2747000000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2020: growth capex 74000000; upkeep 1410000000; cash acquisitions 0; owner earnings 4281000000. Growth capex plus acquisitions / owner earnings = 0.01728568091567391.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2021: growth capex 197000000; upkeep 1594000000; owner earnings 5835000000. Growth capex / owner earnings = 0.0337617823479006.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2022: growth capex 0; upkeep 1853000000; owner earnings 8471000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2023: growth capex 0; upkeep 1829000000; cash acquisitions 0; owner earnings 6589000000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2024: growth capex 0; upkeep 1964000000; cash acquisitions 0; owner earnings 7685000000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); FY2025: growth capex 0; upkeep 1927000000; cash acquisitions 0; owner earnings 7002000000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm (filed 2026-03-23); FY2026: growth capex 19000000; upkeep 2194000000; cash acquisitions 10088000000; owner earnings 6654000000. Growth capex plus acquisitions / owner earnings = 1.5189359783588818.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); Incremental return on capital 0.6418659026123267, from the economics test's unchanged annual inputs.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); Dividend observations: [[2017,1121000000],[2018,1288000000],[2019,1455000000],[2020,1618000000],[2021,1704000000],[2022,1984000000],[2023,2370000000],[2024,2531000000],[2025,2566000000],[2026,2636000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm (filed 2026-03-23); FY2026: cash repurchases 211000000 USD.

### Are managers owners

Insiders own 0.1% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); LOW.US SharesStats.PercentInsiders = 0.109 percentage points; cache date 2026-10-16.

### What could break it

"Supply Chain and Third-Party Risks" (SEC filing, Mar 2026)

- Source: https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm (filed 2026-03-23); Supply Chain and Third-Party Risks

### What the price says

The price assumes cash profits grow 2.6% yearly over ten years; actual growth was 14.2%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-23); Ten-year compound average after fade. Initial solved rate 0.022597152001827818. Price 195.72; FX 1; discount 0.1; same compounder ten-year fade to terminal 0.03. FY2016 owner earnings/share 3.160387513455328 → FY2026 11.882142857142858. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $66.65 per share

- 2016-11: $70.55 per share

- 2016-12: $71.12 per share

- 2017-01: $73.08 per share

- 2017-02: $74.37 per share

- 2017-03: $82.21 per share

- 2017-04: $84.88 per share

- 2017-05: $78.77 per share

- 2017-06: $77.53 per share

- 2017-07: $77.40 per share

- 2017-08: $73.89 per share

- 2017-09: $79.94 per share

- 2017-10: $79.95 per share

- 2017-11: $83.37 per share

- 2017-12: $92.94 per share

- 2018-01: $104.73 per share

- 2018-02: $89.59 per share

- 2018-03: $87.75 per share

- 2018-04: $82.43 per share

- 2018-05: $95.01 per share

- 2018-06: $95.57 per share

- 2018-07: $99.34 per share

- 2018-08: $108.75 per share

- 2018-09: $114.82 per share

- 2018-10: $95.22 per share

- 2018-11: $94.37 per share

- 2018-12: $92.36 per share

- 2019-01: $96.16 per share

- 2019-02: $105.09 per share

- 2019-03: $109.47 per share

- 2019-04: $113.14 per share

- 2019-05: $93.28 per share

- 2019-06: $100.91 per share

- 2019-07: $101.40 per share

- 2019-08: $112.20 per share

- 2019-09: $109.96 per share

- 2019-10: $111.61 per share

- 2019-11: $117.31 per share

- 2019-12: $119.76 per share

- 2020-01: $116.24 per share

- 2020-02: $106.57 per share

- 2020-03: $86.05 per share

- 2020-04: $104.75 per share

- 2020-05: $130.35 per share

- 2020-06: $135.12 per share

- 2020-07: $148.91 per share

- 2020-08: $164.69 per share

- 2020-09: $165.86 per share

- 2020-10: $158.10 per share

- 2020-11: $155.82 per share

- 2020-12: $160.51 per share

- 2021-01: $166.85 per share

- 2021-02: $159.75 per share

- 2021-03: $190.18 per share

- 2021-04: $196.25 per share

- 2021-05: $194.83 per share

- 2021-06: $193.97 per share

- 2021-07: $192.69 per share

- 2021-08: $203.89 per share

- 2021-09: $202.86 per share

- 2021-10: $233.82 per share

- 2021-11: $244.59 per share

- 2021-12: $258.48 per share

- 2022-01: $237.35 per share

- 2022-02: $221.06 per share

- 2022-03: $202.19 per share

- 2022-04: $197.73 per share

- 2022-05: $195.30 per share

- 2022-06: $174.67 per share

- 2022-07: $191.53 per share

- 2022-08: $194.14 per share

- 2022-09: $187.81 per share

- 2022-10: $194.95 per share

- 2022-11: $212.55 per share

- 2022-12: $199.24 per share

- 2023-01: $208.25 per share

- 2023-02: $205.75 per share

- 2023-03: $199.97 per share

- 2023-04: $207.83 per share

- 2023-05: $201.13 per share

- 2023-06: $225.70 per share

- 2023-07: $234.27 per share

- 2023-08: $230.48 per share

- 2023-09: $207.84 per share

- 2023-10: $190.57 per share

- 2023-11: $198.83 per share

- 2023-12: $222.55 per share

- 2024-01: $212.84 per share

- 2024-02: $240.67 per share

- 2024-03: $254.73 per share

- 2024-04: $227.99 per share

- 2024-05: $221.29 per share

- 2024-06: $220.46 per share

- 2024-07: $245.51 per share

- 2024-08: $248.50 per share

- 2024-09: $270.85 per share

- 2024-10: $261.83 per share

- 2024-11: $272.43 per share

- 2024-12: $246.80 per share

- 2025-01: $260.04 per share

- 2025-02: $248.64 per share

- 2025-03: $233.23 per share

- 2025-04: $223.56 per share

- 2025-05: $225.73 per share

- 2025-06: $221.87 per share

- 2025-07: $223.57 per share

- 2025-08: $258.06 per share

- 2025-09: $251.31 per share

- 2025-10: $238.13 per share

- 2025-11: $242.48 per share

- 2025-12: $241.16 per share

- 2026-01: $267.06 per share

- 2026-02: $264.57 per share

- 2026-03: $236.28 per share

- 2026-04: $238.79 per share

- 2026-05: $214.36 per share

- 2026-06: $220.49 per share

- 2026-07: $207.81 per share

- 2026-08: $204.70 per share

- 2026-09: $184.29 per share

- 2026-10: $188.74 per share

## Annual estimated value (USD per share)

- FY2017: low $43.60 per share, central $49.61 per share, high $57.61 per share

- FY2018: low $48.61 per share, central $55.31 per share, high $64.23 per share

- FY2019: low $51.88 per share, central $59.03 per share, high $68.55 per share

- FY2020: low $54.78 per share, central $62.34 per share, high $72.39 per share

- FY2021: low $78.07 per share, central $88.21 per share, high $101.70 per share

- FY2022: low $89.30 per share, central $101.62 per share, high $118.01 per share

- FY2023: low $136.19 per share, central $194.55 per share, high $228.53 per share

- FY2024: low $114.49 per share, central $130.50 per share, high $151.82 per share

- FY2025: low $141.37 per share, central $161.02 per share, high $187.20 per share

- FY2026: low $147.02 per share, central $167.58 per share, high $194.96 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:35:40.152Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm); period 2026-01-30, filed 2026-03-23.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [David Katz](https://gigainvestors.com/MAVFX): 86,232 LOW shares; USD 15,892,000 reported position value; 1.31% of portfolio; add; quarter 2026 Q3.
- [Thomas Gayner](https://gigainvestors.com/MKL): 751,980 LOW shares; USD 165,804,000 reported position value; 1.26% of portfolio; add; quarter 2026 Q2.
- [Andrew Adams](https://gigainvestors.com/MPF): 6,832 LOW shares; USD 1,506,000 reported position value; 0.01% of portfolio; reduce; quarter 2026 Q2.

# LOW — Lowe's Cos.

Held by 1 investor · USD 15,892,000 total · 2026 Q3 · reported price USD 184.29 (split-adjusted).
Page: https://gigainvestors.com/s/LOW

## Holders (2026 Q3)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| David Katz (https://gigainvestors.com/MAVFX) | USD 15,892,000 | 1.3% | add +8.22% |

## Total held by quarter

- 2006 Q4: USD 218,050,000 · 1 holder · USD 31.15
- 2007 Q1: USD 221,386,992 · 2 holders · USD 31.49
- 2007 Q2: USD 216,837,126 · 2 holders · USD 30.69
- 2007 Q3: USD 198,810,306 · 2 holders · USD 28.02
- 2007 Q4: USD 161,818,956 · 2 holders · USD 22.62
- 2008 Q1: USD 166,470,992 · 2 holders · USD 22.94
- 2008 Q2: USD 150,848,350 · 2 holders · USD 20.75
- 2008 Q3: USD 160,625,307 · 2 holders · USD 23.69
- 2008 Q4: USD 146,359,672 · 2 holders · USD 21.52
- 2009 Q1: USD 124,120,075 · 2 holders · USD 18.25
- 2009 Q2: USD 132,013,233 · 2 holders · USD 19.41
- 2009 Q3: USD 142,398,282 · 2 holders · USD 20.94
- 2009 Q4: USD 159,281,222 · 2 holders · USD 23.39
- 2010 Q1: USD 165,069,552 · 2 holders · USD 24.24
- 2010 Q2: USD 139,056,116 · 2 holders · USD 20.42
- 2010 Q3: USD 151,779,297 · 2 holders · USD 22.29
- 2010 Q4: USD 7,747,212 · 1 holder · USD 25.08
- 2011 Q1: USD 9,250,500 · 1 holder · USD 26.43
- 2011 Q2: USD 8,158,500 · 1 holder · USD 23.31
- 2011 Q3: USD 419,416,929 · 2 holders · USD 19.34
- 2011 Q4: USD 14,129,046 · 1 holder · USD 25.38
- 2012 Q1: USD 17,312,346 · 1 holder · USD 31.38
- 2012 Q2: USD 15,960,528 · 1 holder · USD 28.44
- 2012 Q3: USD 17,424,288 · 1 holder · USD 30.24
- 2012 Q4: USD 20,466,624 · 1 holder · USD 35.52
- 2013 Q1: USD 21,804,000 · 1 holder · USD 37.92
- 2013 Q2: USD 23,423,430 · 1 holder · USD 40.90
- 2013 Q3: USD 26,694,927 · 1 holder · USD 47.61
- 2013 Q4: USD 27,767,820 · 1 holder · USD 49.55
- 2014 Q1: USD 26,406,000 · 1 holder · USD 48.90
- 2014 Q2: USD 25,914,600 · 1 holder · USD 47.99
- 2014 Q3: USD 28,576,800 · 1 holder · USD 52.92
- 2014 Q4: USD 37,152,000 · 1 holder · USD 68.80
- 2015 Q1: USD 40,170,600 · 1 holder · USD 74.39
- 2015 Q2: USD 36,163,800 · 1 holder · USD 66.97
- 2015 Q3: USD 37,216,800 · 1 holder · USD 68.92
- 2015 Q4: USD 41,061,600 · 1 holder · USD 76.04
- 2016 Q1: USD 40,905,000 · 1 holder · USD 75.75
- 2016 Q2: USD 42,751,800 · 1 holder · USD 79.17
- 2016 Q3: USD 38,993,400 · 1 holder · USD 72.21
- 2016 Q4: USD 38,404,800 · 1 holder · USD 71.12
- 2017 Q1: USD 46,284,230 · 1 holder · USD 82.21
- 2017 Q2: USD 44,192,100 · 1 holder · USD 77.53
- 2017 Q3: USD 45,565,800 · 1 holder · USD 79.94
- 2017 Q4: USD 52,975,800 · 1 holder · USD 92.94
- 2018 Q1: USD 92,024,566 · 2 holders · USD 87.75
- 2018 Q2: USD 837,692,076 · 3 holders · USD 95.57
- 2018 Q3: USD 1,089,621,936 · 3 holders · USD 114.82
- 2018 Q4: USD 966,023,627 · 3 holders · USD 92.36
- 2019 Q1: USD 1,111,586,558 · 3 holders · USD 109.47
- 2019 Q2: USD 1,118,481,294 · 4 holders · USD 100.91
- 2019 Q3: USD 1,569,704,951 · 4 holders · USD 109.96
- 2019 Q4: USD 1,630,963,296 · 3 holders · USD 119.76
- 2020 Q1: USD 1,590,227,492 · 4 holders · USD 86.05
- 2020 Q2: USD 2,050,644,626 · 4 holders · USD 135.12
- 2020 Q3: USD 2,182,410,261 · 3 holders · USD 165.86
- 2020 Q4: USD 2,106,978,334 · 3 holders · USD 160.51
- 2021 Q1: USD 2,411,029,011 · 3 holders · USD 190.18
- 2021 Q2: USD 2,104,111,882 · 3 holders · USD 193.97
- 2021 Q3: USD 2,219,782,520 · 3 holders · USD 202.86
- 2021 Q4: USD 3,425,379,663 · 4 holders · USD 258.48
- 2022 Q1: USD 2,933,505,564 · 4 holders · USD 202.19
- 2022 Q2: USD 2,329,539,354 · 4 holders · USD 174.67
- 2022 Q3: USD 2,507,779,421 · 4 holders · USD 187.81
- 2022 Q4: USD 2,654,328,700 · 4 holders · USD 199.24
- 2023 Q1: USD 2,367,110,681 · 4 holders · USD 199.97
- 2023 Q2: USD 1,841,357,319 · 3 holders · USD 225.70
- 2023 Q3: USD 1,616,592,312 · 4 holders · USD 207.84
- 2023 Q4: USD 430,016,376 · 3 holders · USD 222.55
- 2024 Q1: USD 177,674,340 · 3 holders · USD 254.73
- 2024 Q2: USD 156,052,545 · 4 holders · USD 220.46
- 2024 Q3: USD 192,777,437 · 3 holders · USD 270.85
- 2024 Q4: USD 178,372,191 · 3 holders · USD 246.80
- 2025 Q1: USD 175,884,359 · 3 holders · USD 233.23
- 2025 Q2: USD 174,057,673 · 3 holders · USD 221.86
- 2025 Q3: USD 199,625,772 · 3 holders · USD 251.31
- 2025 Q4: USD 414,413,857 · 4 holders · USD 241.16
- 2026 Q1: USD 191,480,905 · 3 holders · USD 236.28
- 2026 Q2: USD 184,878,643 · 3 holders · USD 220.49
- 2026 Q3: USD 15,892,000 · 1 holder · USD 184.29