See more : Nicox S.A. (ALCOX.PA) Income Statement Analysis – Financial Results
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 Stock Dip: Don't Miss This Second-Chance Entry Point
Lowe's Companies NYSE: LOW price action pulled back from its October peak, providing a second-chance opportunity for investors. The opportunity is to add to positions or create new ones at a discounted price.
Lowe's: Mixed Q3 Earnings And Uncertain Near Term Don't Diminish The Long Term Outlook
Lowe's benefits from long-term tailwinds: Aging housing stock, home price appreciation, and rising disposable income, positioning it well for future growth despite near-term challenges. Q3 earnings showed a decline in sales and comp sales, with DIY market weakness and storm-related...
Lowe's Companies, Inc. to Host 2024 Analyst and Investor Conference on Dec. 11
MOORESVILLE, N.C. , Nov. 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its 2024 Analyst and Investor Conference at 8 a.m.
New at Noon: Lowe's falls despite earnings beat
The Investment Committee debate the retail sector and how to trade it.
Here's What's Driving Lowe's Stock Lower Today
The home improvement retailer is still facing a serious economic headwind.
Two Big Retailers Lifted Their Outlooks Today—With More Results on the Way
Some big retailers are feeling better about the end of the year.
Nasdaq Gains 100 Points; Lowe's Earnings Beat Views
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining by around 100 points on Tuesday.
Lowe's Companies, Inc. (LOW) Q3 2024 Earnings Call Transcript
Lowe's Companies, Inc. (NYSE:LOW ) Q3 2024 Results Conference Call November 19, 2024 9:00 AM ET Company Participants Kate Pearlman - Vice President, Investor Relations & Treasurer Marvin Ellison - Chairman & Chief Executive Officer Bill Boltz - Executive Vice...
Lowe's Q3 Earnings Beat, Comps Decline, FY24 Outlook Revised
Lowe's comparable sales for the third quarter fall 1.1%, showing an improvement from the 5.1% decline recorded in the preceding quarter.
Options Traders Blast Lowe's Stock After Earnings
Lowe's Companies Inc (NYSE:LOW) reported third-quarter adjusted earnings per share of $2.89 on revenue of $20.17 billion, both of which beat Wall Street's estimates And while the home improvement retailer also raised its outlook, it said it expects full-year sales to...
Source: https://incomestatements.info
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