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Complete financial analysis of Lowe’s Companies, Inc. (LOW) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Lowe’s Companies, Inc., a leading company in the Home Improvement industry within the Consumer Cyclical sector.
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Lowe's Companies, Inc. (LOW)
About Lowe's Companies, Inc.
Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, decor, lighting, and electrical. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private brand products to homeowners, renters, and professional customers. As of January 28, 2022, it operated 1,971 home improvement and hardware stores. The company also sells its products through websites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe's Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 86.38B | 97.06B | 96.25B | 89.60B | 72.15B | 71.31B | 68.62B | 65.02B | 59.07B | 56.22B | 53.42B | 50.52B | 50.21B | 48.82B | 47.22B | 48.23B | 48.28B | 46.93B | 43.24B | 36.46B | 30.84B | 26.49B | 22.11B | 18.78B | 15.91B | 12.24B | 10.14B | 8.60B | 7.08B | 6.11B | 4.54B | 3.85B | 3.06B | 2.83B | 2.65B | 2.52B | 2.44B | 2.28B | 2.07B |
| Cost of Revenue | 57.53B | 64.80B | 64.19B | 60.03B | 49.21B | 48.40B | 45.21B | 42.55B | 38.50B | 36.67B | 34.94B | 33.19B | 32.86B | 31.66B | 30.76B | 31.73B | 31.56B | 30.73B | 28.44B | 24.17B | 21.23B | 18.47B | 15.74B | 13.49B | 11.52B | 8.95B | 7.45B | 6.37B | 5.31B | 4.59B | 3.46B | 2.95B | 2.32B | 2.13B | 2.00B | 1.92B | 1.86B | 1.72B | 1.56B |
| Gross Profit | 28.84B | 32.26B | 32.06B | 29.57B | 22.94B | 22.91B | 23.41B | 22.46B | 20.57B | 19.56B | 18.48B | 17.33B | 17.35B | 17.15B | 16.46B | 16.50B | 16.73B | 16.20B | 14.80B | 12.30B | 9.61B | 8.03B | 6.37B | 5.29B | 4.38B | 3.30B | 2.69B | 2.23B | 1.77B | 1.52B | 1.08B | 900.60M | 735.20M | 702.70M | 646.30M | 600.50M | 584.00M | 559.10M | 512.20M |
| Gross Profit Ratio | 33.39% | 33.23% | 33.30% | 33.01% | 31.80% | 32.12% | 34.11% | 34.55% | 34.82% | 34.79% | 34.59% | 34.30% | 34.56% | 35.14% | 34.86% | 34.21% | 34.64% | 34.52% | 34.23% | 33.73% | 31.15% | 30.30% | 28.80% | 28.18% | 27.54% | 26.91% | 26.54% | 25.88% | 24.97% | 24.80% | 23.83% | 23.41% | 24.06% | 24.80% | 24.38% | 23.86% | 23.91% | 24.48% | 24.71% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 14.74B | 19.46B | 17.42B | 17.73B | 14.50B | 16.29B | 14.44B | 14.38B | 14.11B | 13.25B | 12.05B | 12.17B | 12.21B | 11.94B | 11.62B | 11.18B | 10.66B | 9.88B | 9.16B | 7.69B | 5.67B | 0.00 | 4.05B | 3.48B | 2.87B | 2.19B | 1.82B | 1.45B | 1.18B | 1.01B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 831.00M | 869.00M | 877.00M | 798.00M | 871.00M | 1.13B | 932.00M | 754.00M | 10.00M | 28.00M | 811.00M | 77.00M | 388.00M | 71.00M | 114.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 225.00K | -115.00K | -124.00K | -200.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 15.57B | 20.33B | 18.30B | 18.53B | 15.37B | 17.41B | 15.38B | 15.13B | 14.12B | 13.28B | 12.87B | 12.24B | 12.59B | 12.01B | 11.74B | 11.18B | 10.66B | 9.88B | 9.16B | 7.69B | 5.67B | 4.86B | 4.05B | 3.48B | 2.87B | 2.19B | 1.82B | 1.45B | 1.18B | 1.01B | 746.30M | 653.80M | 583.80M | 505.90M | 472.20M | 432.70M | 435.10M | 406.80M | 366.10M |
| Other Expenses | 1.72B | 1.77B | 1.66B | 1.40B | 1.26B | 1.48B | 1.45B | 1.49B | 1.48B | 1.49B | 1.46B | 1.52B | 1.48B | 1.59B | 1.61B | 1.54B | 1.37B | 1.16B | 980.00M | 902.00M | 758.00M | 626.00M | 534.99M | 409.51M | 337.82M | 272.20M | 241.10M | 199.80M | 153.60M | 112.90M | 80.50M | 69.80M | 58.30M | 51.40M | 46.10M | 41.20M | 38.50M | 30.50M | 21.80M |
| Operating Expenses | 17.29B | 22.10B | 19.96B | 19.93B | 16.63B | 18.89B | 16.82B | 16.62B | 15.60B | 14.77B | 14.33B | 13.77B | 14.07B | 13.59B | 13.30B | 12.72B | 12.02B | 11.05B | 10.14B | 8.59B | 6.43B | 5.49B | 4.59B | 3.89B | 3.21B | 2.46B | 2.07B | 1.65B | 1.33B | 1.13B | 826.80M | 723.60M | 642.10M | 557.30M | 518.30M | 473.90M | 473.60M | 437.30M | 387.90M |
| Cost & Expenses | 74.82B | 86.90B | 84.16B | 79.95B | 65.83B | 67.29B | 62.03B | 59.17B | 54.10B | 51.43B | 49.27B | 46.96B | 46.93B | 45.26B | 44.06B | 44.44B | 43.58B | 41.78B | 38.58B | 32.75B | 27.66B | 23.95B | 20.33B | 17.38B | 14.73B | 11.41B | 9.51B | 8.03B | 6.64B | 5.72B | 4.28B | 3.67B | 2.96B | 2.69B | 2.52B | 2.39B | 2.33B | 2.16B | 1.95B |
| Interest Income | 101.00M | 37.00M | 12.00M | 24.00M | 27.00M | 28.00M | 19.00M | 12.00M | 5.00M | 7.00M | 4.00M | 9.00M | 12.00M | 12.00M | 17.00M | 40.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.48B | 1.16B | 897.00M | 848.00M | 691.00M | 624.00M | 633.00M | 645.00M | 552.00M | 516.00M | 476.00M | 423.00M | 377.00M | 332.00M | 287.00M | 320.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.92B | 2.51B | 2.40B | 2.07B | 1.88B | 1.61B | 1.54B | 1.59B | 1.59B | 1.59B | 1.56B | 1.62B | 1.58B | 1.68B | 1.73B | 1.67B | 1.46B | 1.24B | 1.05B | 920.00M | 781.00M | 645.00M | 534.10M | 409.51M | 337.82M | 272.20M | 241.10M | 199.80M | 153.60M | 112.90M | 80.50M | 69.80M | 58.30M | 51.40M | 46.10M | 41.20M | 38.50M | 30.50M | 21.80M |
| EBITDA | 13.57B | 12.69B | 14.47B | 11.24B | 8.22B | 6.58B | 8.13B | 7.48B | 7.12B | 6.42B | 5.71B | 5.22B | 4.87B | 5.25B | 4.87B | 5.49B | 6.17B | 6.39B | 5.72B | 4.63B | 3.96B | 3.19B | 2.31B | 1.81B | 1.51B | 1.11B | 865.20M | 770.70M | 589.90M | 501.10M | 335.00M | 246.80M | 151.40M | 196.80M | 174.10M | 167.80M | 148.90M | 152.30M | 146.10M |
| EBITDA Ratio | 15.71% | 12.51% | 14.52% | 13.73% | 10.71% | 7.89% | 12.52% | 11.44% | 11.10% | 11.34% | 10.69% | 10.26% | 9.67% | 10.74% | 10.36% | 11.31% | 12.78% | 13.61% | 13.22% | 12.70% | 12.84% | 12.03% | 10.47% | 9.65% | 9.65% | 9.03% | 8.54% | 9.76% | 8.99% | 8.20% | 8.22% | 7.34% | 7.29% | 7.92% | 6.50% | 6.60% | 6.10% | 6.67% | 7.05% |
| Operating Income | 11.56B | 10.16B | 12.09B | 9.65B | 6.31B | 4.02B | 6.59B | 5.85B | 4.97B | 4.79B | 4.15B | 3.56B | 3.28B | 3.56B | 3.11B | 3.79B | 4.71B | 5.15B | 4.66B | 3.71B | 3.18B | 2.54B | 1.78B | 1.40B | 1.17B | 833.10M | 624.10M | 570.90M | 436.30M | 388.20M | 254.50M | 177.00M | 93.10M | 145.40M | 128.00M | 126.60M | 110.40M | 121.80M | 124.30M |
| Operating Income Ratio | 13.38% | 10.47% | 12.56% | 10.77% | 8.75% | 5.63% | 9.60% | 8.99% | 8.41% | 8.52% | 7.77% | 7.05% | 6.53% | 7.29% | 6.59% | 7.85% | 9.74% | 10.98% | 10.79% | 10.18% | 10.31% | 9.59% | 8.05% | 7.47% | 7.37% | 6.80% | 6.16% | 6.64% | 6.17% | 6.35% | 5.61% | 4.60% | 3.05% | 5.13% | 4.83% | 5.03% | 4.52% | 5.33% | 6.00% |
| Total Other Income/Expenses | -1.38B | -1.12B | -885.00M | -1.91B | -691.00M | -624.00M | -1.10B | -645.00M | -552.00M | -516.00M | -476.00M | -423.00M | -371.00M | -332.00M | -287.00M | -280.00M | -194.00M | -154.00M | -148.00M | -176.00M | -180.00M | -182.00M | -174.00M | -120.83M | -109.23M | -80.94M | -71.62M | -117.20M | -84.20M | -44.60M | -56.20M | -51.10M | -88.10M | -45.10M | -19.20M | -21.00M | -19.60M | -13.70M | -11.40M |
| Income Before Tax | 10.18B | 9.04B | 11.21B | 7.74B | 5.62B | 3.39B | 5.49B | 5.20B | 4.42B | 4.28B | 3.67B | 3.14B | 2.91B | 3.23B | 2.83B | 3.51B | 4.51B | 5.00B | 4.51B | 3.54B | 3.00B | 2.36B | 1.62B | 1.28B | 1.06B | 758.40M | 558.60M | 453.70M | 352.10M | 343.60M | 198.30M | 125.90M | 5.00M | 100.30M | 108.80M | 105.60M | 90.80M | 108.10M | 112.90M |
| Income Before Tax Ratio | 11.78% | 9.31% | 11.64% | 8.64% | 7.79% | 4.76% | 8.00% | 8.00% | 7.48% | 7.61% | 6.88% | 6.21% | 5.79% | 6.61% | 5.98% | 7.27% | 9.34% | 10.65% | 10.42% | 9.70% | 9.72% | 8.90% | 7.35% | 6.82% | 6.68% | 6.19% | 5.51% | 5.28% | 4.98% | 5.62% | 4.37% | 3.27% | 0.16% | 3.54% | 4.10% | 4.20% | 3.72% | 4.73% | 5.45% |
| Income Tax Expense | 2.45B | 2.60B | 2.77B | 1.90B | 1.34B | 1.08B | 2.04B | 2.11B | 1.87B | 1.58B | 1.39B | 1.18B | 1.07B | 1.22B | 1.04B | 1.31B | 1.70B | 1.89B | 1.74B | 1.36B | 1.14B | 888.00M | 600.99M | 471.57M | 390.32M | 276.00M | 201.10M | 161.50M | 126.10M | 120.00M | 66.50M | 41.20M | -1.50M | 29.20M | 33.90M | 36.40M | 34.80M | 53.00M | 53.20M |
| Net Income | 7.73B | 6.44B | 8.44B | 5.84B | 4.28B | 2.31B | 3.45B | 3.09B | 2.55B | 2.70B | 2.29B | 1.96B | 1.84B | 2.01B | 1.78B | 2.20B | 2.81B | 3.11B | 2.77B | 2.18B | 1.88B | 1.47B | 1.02B | 809.87M | 672.80M | 482.40M | 357.50M | 292.20M | 226.00M | 223.60M | 131.80M | 84.70M | 6.50M | 71.10M | 74.90M | 69.20M | 56.00M | 55.10M | 59.70M |
| Net Income Ratio | 8.94% | 6.63% | 8.77% | 6.51% | 5.93% | 3.25% | 5.02% | 4.75% | 4.31% | 4.80% | 4.28% | 3.88% | 3.66% | 4.12% | 3.78% | 4.55% | 5.82% | 6.62% | 6.41% | 5.97% | 6.09% | 5.55% | 4.63% | 4.31% | 4.23% | 3.94% | 3.53% | 3.40% | 3.19% | 3.66% | 2.90% | 2.20% | 0.21% | 2.51% | 2.83% | 2.75% | 2.29% | 2.41% | 2.88% |
| EPS | 13.24 | 10.20 | 12.08 | 7.77 | 5.49 | 2.85 | 4.09 | 3.48 | 2.73 | 2.71 | 2.14 | 1.69 | 1.43 | 1.43 | 1.21 | 1.50 | 1.90 | 2.02 | 1.78 | 1.39 | 1.16 | 0.95 | 0.67 | 0.53 | 0.44 | 0.34 | 0.26 | 0.22 | 0.18 | 0.18 | 0.11 | 0.07 | 0.01 | 0.06 | 0.07 | 0.06 | 0.05 | 0.05 | 0.05 |
| EPS Diluted | 13.20 | 10.17 | 12.03 | 7.75 | 5.49 | 2.85 | 4.09 | 3.47 | 2.73 | 2.71 | 2.14 | 1.69 | 1.43 | 1.42 | 1.21 | 1.49 | 1.86 | 1.99 | 1.73 | 1.35 | 1.13 | 0.93 | 0.65 | 0.52 | 0.44 | 0.34 | 0.26 | 0.21 | 0.17 | 0.17 | 0.11 | 0.07 | 0.01 | 0.06 | 0.07 | 0.06 | 0.05 | 0.05 | 0.05 |
| Weighted Avg Shares Out | 582.00M | 629.00M | 696.00M | 748.00M | 777.00M | 811.00M | 839.00M | 880.00M | 927.00M | 988.00M | 1.06B | 1.15B | 1.27B | 1.40B | 1.46B | 1.46B | 1.48B | 1.54B | 1.56B | 1.56B | 1.59B | 1.57B | 1.54B | 1.54B | 1.52B | 1.48B | 1.47B | 1.34B | 1.28B | 1.24B | 1.17B | 1.17B | 866.67M | 1.19B | 1.15B | 1.20B | 1.12B | 1.22B | 1.14B |
| Weighted Avg Shares Out (Dil) | 584.00M | 631.00M | 699.00M | 750.00M | 778.00M | 812.00M | 840.00M | 881.00M | 929.00M | 990.00M | 1.06B | 1.15B | 1.27B | 1.40B | 1.46B | 1.47B | 1.51B | 1.57B | 1.61B | 1.61B | 1.63B | 1.60B | 1.59B | 1.56B | 1.54B | 1.50B | 1.47B | 1.37B | 1.33B | 1.29B | 1.17B | 1.17B | 866.67M | 1.19B | 1.15B | 1.20B | 1.12B | 1.22B | 1.14B |
Lowe's Returns as Official Home Improvement Partner of NFL for 2024-25 Season
Retailer's new marketing campaign, featuring NFL star power like Travis Kelce, speaks to all the ways the brand is helping millennial homeowners tackle home improvement needs MOORESVILLE, N.C. , Sept. 3, 2024 /PRNewswire/ -- Today Lowe's announced the sixth-consecutive renewal of...
3 Must-Know Facts About Lowe's Before You Buy the Stock
Lowe's is trying to gain share in the important commercial home improvement market. Same-store sales are projected to continue their decline.
LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND
MOORESVILLE, N.C. , Aug. 30, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Nov. 6, 2024, to shareholders of...
Here is What to Know Beyond Why Lowe's Companies, Inc. (LOW) is a Trending Stock
Lowe's (LOW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
LOWE'S TO PARTICIPATE IN GOLDMAN SACHS 31ST ANNUAL GLOBAL RETAILING CONFERENCE
MOORESVILLE, N.C. , Aug. 29, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R.
Bull Market Buys: 3 Dividend Stocks to Own for the Long Run
AbbVie is a Dividend King that has proven it can successfully navigate challenges. Lowe's Companies is a great stock to own over the long run because homes will always need to be fixed up.
Lowe's becomes latest company to back away from diversity plans
Home-improvement retailer Lowe's Cos. has become the latest company to change its approach to diversity, equity and inclusion amid an increase in legal challenges to the corporate world and pressure from conservatives.
Here's What Home Depot and Lowe's Just Told Stock Market Investors About the Broader Economy
Home Depot and Lowe's are forecasting lower sales, earnings, and margins. Macroeconomic factors continue to pressure consumers.
Wall Street Analysts Are Divided on Lowe's Stock: Here's Why
When analysts prepare to assign a rating and a price target to a stock, they typically discuss the trend with each other. Otherwise, they arrange all the questions that need to be answered to make recommendations during quarterly earnings conference...
Lowe's Q2: Headwinds Are Temporary
LOW reported some headwinds in its Q2 earnings surrounding its DIY demands and weather conditions. I see these headwinds as temporary only. I expect EPS growth to resume soon thanks to its robust ROCE and sustainable CAPEX investment.
Source: https://incomestatements.info
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