Lowe's Stock Income Statements

Lowe's Quarterly Income Statements Chart

Quarterly

Annual

Revenue

Gross Profit

Operating Profit

Net Income

Lowe's Quarterly Income Statements Table

Quarterly

Annual

Unit: USD	2025-08-01	2025-05-02	2025-01-31	2024-11-01	2024-08-02	2024-05-03	2024-02-02	2023-11-03	2023-08-04	2023-05-05	2023-02-03	2022-10-28	2022-07-29	2022-04-29	2022-01-28	2021-10-29	2021-07-30	2021-04-30	2021-01-29	2020-10-30	2020-07-31	2020-05-01	2020-01-31	2019-11-01	2019-08-02	2019-05-03	2018-11-02	2018-08-03	2018-05-04	2017-11-03	2017-08-04	2017-05-05	2016-10-28	2013-08-02	2012-11-02	2010-04-30

current earnings
net sales	23,959,100,000,000	20,930,100,000,000	18,554,000,000,000	20,170,100,000,000	23,586,100,000,000	21,364,100,000,000	18,602,000,000,000	20,471,100,000,000	24,956,100,000,000	22,347,100,000,000	22,445,000,000,000	23,479,100,000,000	27,476,100,000,000	23,659,100,000,000	21,339,000,000,000	22,918,100,000,000	27,570,100,000,000	24,422,100,000,000	20,311,000,000,000	22,309,100,000,000	27,302,100,000,000	19,675,100,000,000	16,027,000,000,000	17,388,100,000,000	20,992,100,000,000	17,741,100,000,000	17,415,100,000,000	20,888,100,000,000	17,360,100,000,000	16,770,100,000,000	19,495,100,000,000	16,860,100,000,000	15,739,100,000,000		100,000,000
yoy	1.58%	-2.03%	-0.26%	-1.47%	-5.49%	-4.40%	-17.12%	-12.81%	-9.17%	-5.55%	5.18%	2.45%	-0.34%	-3.12%	5.06%	2.73%	0.98%	24.13%	26.73%	28.30%	30.06%	10.90%	-7.97%	-16.76%	20.92%	5.79%	-10.67%	23.89%	10.30%		19495000.00%
qoq	14.47%	12.81%	-8.01%	-14.48%	10.40%	14.85%	-9.13%	-17.97%	11.67%	-0.44%	-4.40%	-14.55%	16.13%	10.87%	-6.89%	-16.87%	12.89%	20.24%	-8.96%	-18.29%	38.76%	22.76%	-7.83%	-17.17%	18.32%	1.87%	-16.63%	20.32%	3.52%	-13.98%	15.63%	7.12%
cost of sales	1,585,866,190,000	1,394,466,620,000	1,245,700,130,000	1,337,466,310,000	1,569,166,530,000	1,427,466,810,000	1,257,500,280,000	1,358,066,340,000	1,655,766,340,000	1,482,066,320,000	1,518,800,280,000	1,566,166,700,000	1,834,366,760,000	1,560,965,970,000	1,431,200,110,000	1,533,166,900,000	1,825,866,220,000	1,629,266,710,000	1,385,500,350,000	1,500,967,280,000	1,799,865,920,000	1,316,266,900,000	1,104,600,210,000	1,174,867,560,000	1,425,267,890,000	1,216,068,540,000	1,175,567,500,000	1,368,965,540,000	1,134,865,370,000	1,105,765,930,000	1,282,565,790,000	1,106,065,600,000	1,033,265,650,000
gross margin	810,133,810,000	698,633,380,000	609,699,870,000	679,633,690,000	789,533,470,000	709,033,190,000	602,699,720,000	689,133,660,000	839,933,660,000	752,733,680,000	725,699,720,000	781,833,300,000	913,333,240,000	805,034,030,000	702,699,890,000	758,733,100,000	931,233,780,000	813,033,290,000	645,599,650,000	730,032,720,000	930,434,080,000	651,333,100,000	498,099,790,000	564,032,440,000	674,032,110,000	558,131,460,000	566,032,500,000	719,934,460,000	601,234,630,000	571,334,070,000	667,034,210,000	580,034,400,000	540,734,350,000	33,930,000	34,323,400
yoy	2.61%	-1.47%	1.16%	-1.38%	-6.00%	-5.81%	-16.95%	-11.86%	-8.04%	-6.50%	3.27%	3.04%	-1.92%	-0.98%	8.84%	3.93%	0.09%	24.83%	29.61%	29.43%	38.04%	16.70%	-12.00%	-21.66%	12.11%	-2.31%	-15.14%	24.12%	11.19%	1683761.10%	1943280.35%
qoq	15.96%	14.59%	-10.29%	-13.92%	11.35%	17.64%	-12.54%	-17.95%	11.58%	3.73%	-7.18%	-14.40%	13.45%	14.56%	-7.39%	-18.52%	14.54%	25.93%	-11.57%	-21.54%	42.85%	30.76%	-11.69%	-16.32%	20.77%	-1.40%	-21.38%	19.74%	5.23%	-14.35%	15.00%	7.27%	1593576.25%	-1.15%
gross margin %	3.38%	3.34%	3.29%	3.37%	3.35%	3.32%	3.24%	3.37%	3.37%	3.37%	3.23%	3.33%	3.32%	3.40%	3.29%	3.31%	3.38%	3.33%	3.18%	3.27%	3.41%	3.31%	3.11%	3.24%	3.21%	3.15%	3.25%	3.45%	3.46%	3.41%	3.42%	3.44%	3.44%		34.32%
expenses:
selling, general and administrative	417,517,420,000	404,619,330,000	382,200,520,000	382,718,970,000	402,517,070,000	400,918,770,000	389,700,790,000	376,118,370,000	408,616,380,000	382,417,120,000	513,200,560,000	644,327,450,000	445,516,220,000	430,318,190,000	474,200,910,000	437,319,080,000	469,317,020,000	449,418,400,000	454,100,500,000	477,021,380,000	502,018,390,000	419,621,320,000	368,500,480,000	377,221,690,000	404,819,290,000	386,221,770,000	427,024,510,000	469,122,450,000	418,724,120,000	380,822,710,000	393,120,160,000	387,622,990,000	409,025,980,000	22,260,000	25,032,700
depreciation and amortization	4,571,910,000	4,462,130,000	4,450,100,000	4,332,150,000	4,231,790,000	4,282,000,000	4,420,110,000	4,342,120,000	4,271,710,000	4,151,850,000	4,210,020,000	4,511,920,000	4,491,630,000	4,451,880,000	4,360,090,000	4,251,850,000	4,091,490,000	3,911,600,000	3,910,100,000	3,551,590,000	3,271,200,000	3,261,660,000	3,380,100,000	3,101,790,000	3,111,480,000	3,021,700,000	4,332,490,000	3,451,650,000	3,602,070,000	3,582,130,000	3,571,830,000	3,652,160,000
operating income	346,914,480,000	249,411,920,000	182,999,250,000	253,612,570,000	344,714,610,000	265,312,420,000	168,798,820,000	269,613,170,000	388,615,570,000	328,814,710,000	170,399,140,000	9,243,930,000	422,915,390,000	330,213,960,000	184,898,890,000	278,912,170,000	421,015,270,000	324,513,290,000	152,399,050,000	21,759,750,000	395,714,490,000	199,110,120,000	9,579,210,000	15,588,960,000	238,111,340,000	14,177,990,000	9,575,500,000	216,310,360,000	14,658,440,000	15,479,230,000	238,212,220,000	15,599,250,000
yoy	0.64%	-5.99%	8.41%	-5.93%	-11.30%	-19.31%	-0.94%	2816.65%	-8.11%	-0.42%	-7.84%	-96.69%	0.45%	1.76%	21.33%	1181.78%	6.39%	62.98%	1490.94%	39.58%	66.19%	1304.36%	0.04%	-92.79%	1524.40%	-8.41%	-95.98%	1286.67%
qoq	39.09%	36.29%	-27.84%	-26.43%	29.93%	57.18%	-37.39%	-30.62%	18.19%	92.97%	1743.36%	-97.81%	28.07%	78.59%	-33.71%	-33.75%	29.74%	112.94%	600.37%	-94.50%	98.74%	1978.57%	-38.55%	-93.45%	1579.44%	48.07%	-95.57%	1375.67%	-5.30%	-93.50%	1427.07%
operating margin %	1.45%	1.19%	0.99%	1.26%	1.46%	1.24%	0.91%	1.32%	1.56%	1.47%	0.76%	0.04%	1.54%	1.40%	0.87%	1.22%	1.53%	1.33%	0.75%	0.10%	1.45%	1.01%	0.06%	0.09%	1.13%	0.08%	0.05%	1.04%	0.08%	0.09%	1.22%	0.09%	0%		0%
interest – net	3,131,310,000	3,371,610,000	3,280,060,000	3,171,570,000	3,171,340,000	3,521,650,000	3,490,080,000	3,451,680,000	3,411,360,000	3,491,560,000	3,210,090,000	2,951,250,000	2,640,960,000	2,431,030,000	2,350,060,000	2,230,970,000	2,160,780,000	2,110,870,000	2,040,020,000	2,210,990,000	2,190,800,000	2,051,040,000
pre-tax earnings	315,613,170,000	215,710,310,000	150,199,190,000	221,911,000,000	313,013,270,000	230,110,770,000	133,898,740,000	235,111,490,000	354,514,210,000	293,913,150,000	-674,940,950,000	6,292,680,000	396,514,430,000	305,912,930,000	161,398,830,000	256,611,200,000	399,414,490,000	303,412,420,000	13,199,380,000	8,944,010,000	373,813,690,000	17,869,080,000	7,749,150,000	13,817,940,000	221,210,540,000	12,557,070,000	8,044,620,000	20,109,620,000	13,057,520,000	13,878,270,000	222,311,410,000	9,345,540,000	7,764,930,000	8,400,000	5,262,000
income tax provision	7,583,160,000	5,162,470,000	3,779,840,000	5,242,590,000	7,473,170,000	5,462,560,000	3,189,690,000	5,782,830,000	8,723,500,000	6,793,040,000	4,249,760,000	4,752,020,000	9,733,540,000	7,263,070,000	4,069,720,000	6,702,930,000	9,763,540,000	7,132,920,000	3,419,880,000	2,020,910,000	9,103,330,000	4,492,280,000	2,649,940,000	3,321,900,000	5,362,560,000	2,091,170,000	1,751,010,000	4,902,340,000	3,171,830,000	5,153,070,000	8,044,130,000	3,321,970,000	3,972,520,000	3,150,000	1,981,000
net earnings	239,810,010,000	16,417,840,000	11,239,350,000	16,958,410,000	238,310,100,000	17,558,210,000	10,199,050,000	17,738,660,000	267,310,710,000	226,010,110,000	9,579,290,000	1,540,660,000	299,210,890,000	23,339,860,000	12,069,110,000	18,968,270,000	301,810,950,000	23,219,500,000	9,779,500,000	6,923,100,000	282,810,360,000	13,376,800,000	5,099,210,000	10,496,040,000	16,767,980,000	10,465,900,000	6,293,610,000	15,207,280,000	9,885,690,000	8,725,200,000	14,197,280,000	6,023,570,000	3,792,410,000	941,000,000	396,225,000,000	489,000,000
yoy	0.63%	-6.49%	10.20%	-4.40%	-10.85%	-92.23%	6.47%	1051.37%	-10.66%	868.34%	-20.63%	-91.88%	-0.86%	0.52%	23.41%	173.99%	6.72%	73.58%	91.78%	-34.04%	1586.61%	27.81%	-18.98%	-30.98%	69.62%	19.95%	-55.67%	152.46%	160.67%	827.23%	-96.42%	1131.81%
qoq	1360.67%	46.07%	-33.72%	-92.88%	1257.26%	72.16%	-42.50%	-93.36%	18.27%	2259.36%	521.77%	-99.49%	1181.97%	93.39%	-36.37%	-93.72%	1199.82%	137.43%	41.26%	-97.55%	2014.19%	162.33%	-51.42%	-37.40%	60.22%	66.29%	-58.61%	53.83%	13.30%	-38.54%	135.70%	58.83%	303.02%	-99.76%	80927.61%
net income margin %	1.00%	0.08%	0.06%	0.08%	1.01%	0.08%	0.05%	0.09%	1.07%	1.01%	0.04%	0.01%	1.09%	0.10%	0.06%	0.08%	1.09%	0.10%	0.05%	0.03%	1.04%	0.07%	0.03%	0.06%	0.08%	0.06%	0.04%	0.07%	0.06%	0.05%	0.07%	0.04%	0.02%		396225.00%
weighted-average common shares outstanding – basic	559,000,000	559,000,000		565,000,000	568,000,000	571,000,000		576,000,000	584,000,000	596,000,000		618,000,000	638,000,000	660,000,000		690,000,000	705,000,000	718,000,000		752,000,000	752,000,000	755,000,000
basic earnings per common share	4,280,000	2,930,000	2,010,000	2,990,000	4,180,000	3,060,000	1,800,000	3,070,000	4,560,000	3,780,000	1,640,000	250,000	4,680,000	3,520,000	1,840,000	2,740,000	4,270,000	3,220,000	1,350,000	920,000	3,740,000	1,760,000	680,000	1,360,000	2,140,000	1,310,000	780,000	1,860,000	1,190,000	1,050,000	1,680,000	700,000	430,000	880,000	350,000	340,000
weighted-average common shares outstanding – diluted	560,000,000	560,000,000		566,000,000	570,000,000	572,000,000		577,000,000	585,000,000	597,000,000		620,000,000	639,000,000	662,000,000		692,000,000	707,000,000	720,000,000		754,000,000	753,000,000	756,000,000
diluted earnings per common share	4,270,000	2,920,000	2,010,000	2,990,000	4,170,000	3,060,000	1,800,000	3,060,000	4,560,000	3,770,000	1,640,000	250,000	4,670,000	3,510,000	1,830,000	2,730,000	4,250,000	3,210,000	1,340,000	910,000	3,740,000	1,760,000	690,000	1,360,000	2,140,000	1,310,000	780,000	1,860,000	1,190,000	1,050,000	1,680,000	700,000	430,000	880,000	350,000	340,000
loss on extinguishment of debt																			-350,000	10,604,750,000												4,642,750,000
interest - net																							1,830,060,000	1,771,020,000	1,690,800,000	1,620,920,000	1,530,880,000	1,530,740,000	1,600,920,000	1,600,960,000	1,590,810,000	1,610,960,000	1,631,040,000	110,000,000	11,491,000,000	82,000,000
weighted-average common shares outstanding - basic																								769,000,000	781,000,000	796,000,000	806,000,000	813,000,000	825,000,000	831,000,000	841,000,000	857,000,000	873,000,000
weighted-average common shares outstanding - diluted																								770,000,000	781,000,000	797,000,000	807,000,000	814,000,000	826,000,000	832,000,000	842,000,000	858,000,000	874,000,000
cash dividends per share																							0.55	0.55	0.55	0.48	0.48	0.48	0.41	0.41	0.41	0.35	0.35
retained earnings
balance at beginning of period																							863	2,439	3,095	3,452	5,517	5,405		5,253	5,346	6,241	6,839
cumulative effect of accounting change																							-65.75			-263			33
cash dividends declared																							-308.25	-423	-428	-382	-387	-390	-338	-341	-344	-299
share repurchases																							-872.25	-827	-1,904	-758	-603	-1,018	-703	-495	-1,168	-1,198	-535
balance at end of period																							559.5	2,238	2,439	3,095	5,156	5,517	5,405	5,289	5,253	5,346	6,376
beginning balance																													5,425
net earnings attributable to lowe’s companies, inc.																														872			378
depreciation																																	3,782,400,000	2,590,000	3,083,000
total expenses																																	463,129,420,000	25,530,000	29,063,100
cash dividends																																	-306
liability for extended protection plan claims, beginning of period																																		20,000,000	2,324,000,000
accrual for claims incurred																																		29,000,000	2,923,000,000	17,000,000
claim payments																																		-22,000,000
liability for extended protection plan claims, end of period																																		27,000,000	2,323,000,000
share repurchase program																																		27,100,000	29,685,000
shares withheld from employees																																		100,000	100,000
total share repurchases																																		27,200,000	29,785,000
basic earnings per common share:
less: net earnings allocable to participating securities																																		-6,000,000
net earnings allocable to common shares																																		935,000,000	393,223,000,000	485,000,000
weighted-average common shares outstanding																																		1,067,000,000	11,261,250,000,000	1,438,000,000
diluted earnings per common share:
dilutive effect of non-participating share-based awards																																		1,000,000	22,000,000	3,000,000
weighted-average common shares, as adjusted																																		1,068,000,000	11,281,252,000,000	1,441,000,000
net interest expense is comprised of the following:
long-term debt																																		103,000,000	864,510,183,000,000	5,712,000,000
capitalized lease obligations																																		9,000,000	910,000,000	9,000,000
interest income																																		-1,000,000
interest capitalized																																		-1,000,000
interest on tax uncertainties																																		-2,000,000	-3,000,000	2,000,000
other																																		2,000,000	21,000,000	7,000,000
supplemental disclosures of cash flow information:
cash paid for interest, net of amount capitalized																																		226,000,000	414,353,000,000	130,000,000
cash paid for income taxes - net																																		746,000,000
non-cash investing and financing activities:
non-cash property acquisitions, including assets acquired under capital lease																																		6,000,000	25,172,000,000	23,000,000
cash dividends declared but not paid																																		192,000,000	180,176,000,000	130,000,000
·
ebit margin1																																			6,210,000
other metrics
comparable sales increase/(decrease) 2																																		9,600,000
total customer transactions																																		240,000,000		199,000,000
average ticket 3																																		65,600,000
at end of period:
number of stores																																		1,758,000,000	17,501,744,000,000	1,721,000,000
sales floor square feet																																		198,000,000	197,196,000,000	194,000,000
average store size selling square feet (in thousands) 4																																		112,000,000
return on invested capital 5																																		10,600,000
1
2
3
4
5
calculation of return on invested capital
numerator 1
plus:
interest expense - net																																		447,000,000	415,356,000,000
benefit from income taxes																																		1,299,000,000	11,751,074,000,000
earnings before interest and taxes																																		3,911,000,000	35,833,232,000,000
less:
income tax adjustment 2																																		1,466,000,000	13,291,207,000,000
net operating profit after tax																																		2,445,000,000	22,542,025,000,000
effective tax rate																																		37,500,000	37,100,000
denominator
average debt and equity 3																																		23,016,000,000	2,401,924,002,000,000
return on invested capital																																		10,600,000	9,400,000
calculation of return on average debt and equity
return on average debt and equity																																		9,400,000	8,300,000
unsecured notes																																			862,610,160,000,000
mortgage notes																																			1,923,000,000
accrual for exit activities, balance at beginning of period																																			6,827,000,000
additions to the accrual - net																																			1,468,000,000
cash payments
accrual for exit activities, balance at end of period																																			7,792,000,000
deferred revenue - extended protection plans, beginning of period																																			726,673,000,000
additions to deferred revenue																																			5,761,000,000	68,000,000
deferred revenue recognized
deferred revenue - extended protection plans, end of period																																			720,687,000,000
cash paid for income taxes																																			1,059,787,000,000	100,000,000
comparable store sales increase/(decrease) 2, 3																																			1,800,000
total customer transactions (in millions) 4																																			191,192,000,000
average ticket 4, 5																																			63,116,100
average store size selling square feet (in thousands) 6																																			113,113,000,000
return on invested capital 7																																			9,400,000
6
7
available-for-sale securities:
municipal bonds																																				276,000,000
municipal variable rate demand obligations																																				261,000,000
money market funds																																				84,000,000
trading securities:
mutual funds																																				47,000,000
total short-term investments																																				675,000,000
total long-term investments																																				832,000,000
extended warranty deferred revenue, beginning of period																																				549,000,000
extended warranty deferred revenue, end of period																																				576,000,000
liability for extended warranty claims, beginning of period																																				23,000,000
liability for extended warranty claims, end of period																																				23,000,000
foreign currency translation adjustments																																				19,000,000
net unrealized investment losses
comprehensive income																																				507,000,000
short-term borrowings
loss on equity method investments
comparable store sales increase2																																				2,400,000
average ticket3																																				62,270,000
average store size selling square feet (in thousands)4																																				113,000,000
a comparable store is defined as a store that has been open longer than 13 months.
average ticket is defined as net sales divided by the total number of customer transactions.
average store size selling square feet is defined as sales floor square feet divided by the number of stores open at the end of the period.
current debt ratings
commercial paper
senior debt
outlook

We provide you with 20 years income statements for Lowe's stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Lowe's stock. Explore the full financial landscape of Lowe's stock with our expertly curated income statements.

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