CEO Salary & Executive Compensation
Lowe's LOW
CEO: Marvin Ellison · Home Improvement · 300,000 employees
Marvin Ellison, CEO of Lowe's (LOW), earned $12.0M in total compensation in 2026. Lowe's receives a Pay-for-Performance grade of D (49/100), with a CEO-to-worker pay ratio of 343:1 and a say-on-pay shareholder approval of 87.2%. The company's 3-year total shareholder return is -5.4%.
How Lowe's CEO Pay Compares
Marvin Ellison's $12.0M total compensation is 0% below the Home Improvement industry median of $12.0M. The 343:1 CEO-to-worker pay ratio is 0% lower than the industry average of 343:1.
Total compensation for Marvin Ellison at Lowe's (LOW) was $12.0M. Mid-cap public-company CEO packages tend to track this pattern — equity-heavy, multi-year vesting, performance-tied.
The CEO-to-worker pay ratio at Lowe's is 343x — Marvin Ellison's pay is over 300 times the median worker pay of $35,000. Ratios at this magnitude reflect either very high CEO compensation, a low-wage workforce mix, or both. Three-year performance has been roughly flat — TSR of -5.4% alongside -0.1% revenue growth. Flat performance over a multi-year window is where pay-versus-performance debates get the most heated: large compensation packages without commensurate shareholder returns are the modal complaint at annual meetings.
Shareholders supported the compensation package at 87% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Lowe's operates in Home Improvement with 300,000 employees and $86.4B in annual revenue, and currently carries a market capitalization of $140.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Lowe's (LOW).
Compensation Breakdown
Marvin Ellison's $12.0M total compensation package for fiscal year 2026 includes $1.2M in base salary, $6.0M in stock awards, $1.4M in option awards, and $1.8M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2026 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2025 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2024 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2023 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
More Home Improvement Companies
Marvin Ellison, CEO of Lowe's (LOW), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Marvin Ellison, CEO of Lowe's (LOW), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Lowe's has a Pay-for-Performance Score of D (49/100). The company's 3-year total shareholder return is -5.4%, and the say-on-pay shareholder vote passed with 87.2% approval.
The CEO-to-median-worker pay ratio at Lowe's is 343:1. The median worker at Lowe's earns $35K per year, while CEO Marvin Ellison earns $12.0M in total compensation.
Lowe's employs approximately 300,000 people. The company operates in the Home Improvement industry within the Consumer Discretionary sector, generating $86.4B in annual revenue.