See more : C3.ai, Inc. (AI) 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 (LOW) Beats Q3 Earnings and Revenue Estimates
Lowe's (LOW) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $3.06 per share a year ago.
Lowe's Sales, Profit Top Estimates Despite Continued 'Big Ticket' Softness
Lowe's (LOW) reported third-quarter results Tuesday morning above analysts' expectations despite "continued softness" in big-ticket discretionary purchases.
Lowe's tops expectations after hurricanes drive home retail demand
Lowe's Companies Inc has unveiled expectation-beating results for the third quarter, driven by heightened demand in the wake of hurricanes Helene and Milton. Storm-related, professional and online sales over the three months to November offset soft demand for bigger-ticket DIY...
Lowe's Stock Falls After Earnings. Home-Improvement Demand Still Looks Weak.
Sales in the quarter decline 1.4% to $20.2 billion.
Lowe's earnings beat estimates and company raises guidance despite weakness in big-ticket items
Lowe's earnings beat estimates and company raises guidance despite weakness in big-ticket items
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped third-quarter earnings and revenue estimates on Tuesday. The home improvement retailer raised its outlook, but still expects full-year sales to decline from the prior year.
Lowe's raises annual same-store sales forecast on storm recovery spending boost
Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as a pickup in hurricane-related demand and favorable weather boosted quarterly sales, even as big-ticket spending remained strained.
LOWE'S REPORTS THIRD QUARTER 2024 SALES AND EARNINGS RESULTS
— Diluted EPS of $2.99; Adjusted Diluted EPS1 of $2.89 — — Comparable Sales Decreased 1.1% — — Updates Full Year 2024 Outlook — MOORESVILLE, N.C. , Nov. 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net...
Lowe's Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Lowe's Companies, Inc. LOW will release earnings results for its third quarter, before the opening bell on Tuesday, Nov. 19.
Tuesday's big stock stories: What's likely to move the market in the next trading session
Earnings reports from Walmart and Lowe's will give investors a glimpse at consumer spending on Tuesday morning, while SpaceX readies for another launch.
Source: https://incomestatements.info
Category: Stock Reports