Lowe's Companies
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Lowe's Companies's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 10% to $86,377,000,000. Profit margin reached 9%. Total operating expenses were $17,287,000,000.
Profit Margin
| 2010 | 47.22B | 1.78B | 3.78% |
|---|---|---|---|
| 2011 | 48.81B | 2.01B | 4.12% |
| 2012 | 50.20B | 1.83B | 3.66% |
| 2015 | 56.22B | 2.69B | 4.8% |
| 2016 | 59.07B | 2.54B | 4.31% |
| 2018 | 68.61B | 3.44B | 5.02% |
| 2019 | 71.30B | 2.31B | 3.25% |
| 2021 | 89.59B | 5.83B | 6.51% |
| 2022 | 96.25B | 8.44B | 8.77% |
| 2024 | 86.37B | 7.72B | 8.94% |
LOW Income Statement (2010 – 2023)
| 2023 | 2021 | 2020 | 2018 | 2017 | 2015 | 2014 | 2011 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 86.37B | 96.25B | 89.59B | 71.30B | 68.61B | 59.07B | 56.22B | 50.20B | 48.81B | 47.22B |
Cost of revenue | 57.53B | 64.19B | 60.02B | 48.40B | 45.21B | 38.50B | 36.66B | 32.85B | 31.66B | 30.75B |
Gross profit | 28.84B | 32.05B | 29.57B | 22.90B | 23.40B | 20.57B | 19.55B | 17.35B | 17.15B | 16.46B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 831M | 877M | 798M | 1.12B | 932M | 10M | 28M | 0 | 0 | 0 |
Total operating expenses | 17.28B | 19.96B | 19.92B | 18.89B | 16.82B | 15.59B | 14.76B | 14.44B | 13.92B | 13.63B |
Operating income | 11.55B | 12.09B | 9.64B | 4.01B | 6.58B | 4.97B | 4.79B | 3.27B | 3.22B | 2.82B |
Other income (expenses), net | -1.38B | -885M | -1.90B | -624M | -1.09B | -552M | -516M | -371M | 0 | 0 |
Income before tax | 10.17B | 11.20B | 7.73B | 3.39B | 5.48B | 4.41B | 4.27B | 2.90B | 3.22B | 2.82B |
Income tax expense | 2.44B | 2.76B | 1.90B | 1.08B | 2.04B | 1.87B | 1.57B | 1.06B | 1.21B | 1.04B |
Net income | 7.72B | 8.44B | 5.83B | 2.31B | 3.44B | 2.54B | 2.69B | 1.83B | 2.01B | 1.78B |
Earnings per share | ||||||||||
Basic EPS | 13.24 | 12.08 | 7.77 | 2.85 | 4.09 | 2.73 | 2.71 | 1.43 | 1.43 | 1.21 |
Diluted EPS | 13.2 | 12.03 | 7.75 | 2.85 | 4.09 | 2.73 | 2.71 | 1.43 | 1.43 | 1.21 |
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