Lowe's Companies Inc
NYSE:LOW
Income Statement
Earnings Waterfall
Lowe's Companies Inc
Revenue
|
86.4B
USD
|
Cost of Revenue
|
-57.5B
USD
|
Gross Profit
|
28.8B
USD
|
Operating Expenses
|
-17.3B
USD
|
Operating Income
|
11.6B
USD
|
Other Expenses
|
-3.9B
USD
|
Net Income
|
7.7B
USD
|
Income Statement
Lowe's Companies Inc
Jan-2014 | May-2014 | Aug-2014 | Oct-2014 | Jan-2015 | May-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Jan-2020 | May-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
53 417
N/A
|
53 731
+1%
|
54 619
+2%
|
55 343
+1%
|
56 223
+2%
|
56 951
+1%
|
57 700
+1%
|
58 379
+1%
|
59 074
+1%
|
60 178
+2%
|
61 090
+2%
|
62 469
+2%
|
65 017
+4%
|
66 643
+3%
|
67 878
+2%
|
68 909
+2%
|
68 619
0%
|
69 119
+1%
|
70 512
+2%
|
71 157
+1%
|
71 309
+0%
|
71 691
+1%
|
71 795
+0%
|
71 768
0%
|
72 148
+1%
|
74 082
+3%
|
80 392
+9%
|
85 313
+6%
|
89 597
+5%
|
94 344
+5%
|
94 612
+0%
|
95 221
+1%
|
96 250
+1%
|
95 486
-1%
|
95 392
0%
|
95 953
+1%
|
97 059
+1%
|
95 747
-1%
|
93 227
-3%
|
90 219
-3%
|
86 377
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(34 942)
|
(35 053)
|
(35 603)
|
(36 090)
|
(36 665)
|
(37 140)
|
(37 643)
|
(38 050)
|
(38 504)
|
(39 281)
|
(39 886)
|
(40 848)
|
(43 343)
|
(44 506)
|
(45 359)
|
(46 084)
|
(46 185)
|
(46 737)
|
(47 915)
|
(48 896)
|
(48 401)
|
(49 811)
|
(50 060)
|
(49 770)
|
(49 205)
|
(50 208)
|
(53 954)
|
(57 215)
|
(60 025)
|
(63 154)
|
(63 414)
|
(63 736)
|
(64 194)
|
(63 510)
|
(63 595)
|
(63 925)
|
(64 802)
|
(64 012)
|
(62 226)
|
(60 145)
|
(57 533)
|
|
Gross Profit |
18 475
N/A
|
18 678
+1%
|
19 016
+2%
|
19 253
+1%
|
19 558
+2%
|
19 811
+1%
|
20 057
+1%
|
20 329
+1%
|
20 570
+1%
|
20 897
+2%
|
21 204
+1%
|
21 621
+2%
|
21 674
+0%
|
22 137
+2%
|
22 519
+2%
|
22 825
+1%
|
22 434
-2%
|
22 382
0%
|
22 597
+1%
|
22 261
-1%
|
22 908
+3%
|
21 880
-4%
|
21 735
-1%
|
21 998
+1%
|
22 943
+4%
|
23 874
+4%
|
26 438
+11%
|
28 098
+6%
|
29 572
+5%
|
31 190
+5%
|
31 198
+0%
|
31 485
+1%
|
32 056
+2%
|
31 976
0%
|
31 797
-1%
|
32 028
+1%
|
32 257
+1%
|
31 735
-2%
|
31 001
-2%
|
30 074
-3%
|
28 844
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(14 326)
|
(14 445)
|
(14 580)
|
(14 653)
|
(14 738)
|
(14 853)
|
(14 946)
|
(14 978)
|
(15 589)
|
(15 823)
|
(15 929)
|
(16 606)
|
(15 828)
|
(16 319)
|
(16 370)
|
(16 068)
|
(15 848)
|
(15 890)
|
(16 094)
|
(16 073)
|
(17 762)
|
(17 911)
|
(17 548)
|
(16 534)
|
(16 559)
|
(17 693)
|
(18 243)
|
(19 038)
|
(18 690)
|
(19 288)
|
(19 454)
|
(19 381)
|
(19 801)
|
(19 826)
|
(19 628)
|
(21 724)
|
(22 098)
|
(21 590)
|
(21 199)
|
(18 500)
|
(17 287)
|
|
Selling, General & Administrative |
(12 864)
|
(12 962)
|
(13 089)
|
(13 160)
|
(13 253)
|
(13 375)
|
(13 468)
|
(13 500)
|
(14 105)
|
(14 096)
|
(14 333)
|
(15 136)
|
(14 375)
|
(14 858)
|
(14 918)
|
(14 636)
|
(14 444)
|
(14 502)
|
(14 727)
|
(14 641)
|
(16 285)
|
(15 383)
|
(15 275)
|
(15 272)
|
(15 297)
|
(16 408)
|
(16 942)
|
(17 692)
|
(17 291)
|
(17 824)
|
(17 908)
|
(17 765)
|
(18 139)
|
(18 008)
|
(17 797)
|
(19 914)
|
(20 332)
|
(19 854)
|
(19 485)
|
(16 803)
|
(15 570)
|
|
Depreciation & Amortization |
(1 462)
|
(1 483)
|
(1 491)
|
(1 493)
|
(1 485)
|
(1 478)
|
(1 478)
|
(1 478)
|
(1 484)
|
(1 476)
|
(1 467)
|
(1 470)
|
(1 453)
|
(1 461)
|
(1 452)
|
(1 432)
|
(1 404)
|
(1 388)
|
(1 367)
|
(1 432)
|
(1 477)
|
(1 400)
|
(1 375)
|
(1 262)
|
(1 262)
|
(1 285)
|
(1 301)
|
(1 346)
|
(1 399)
|
(1 464)
|
(1 546)
|
(1 616)
|
(1 662)
|
(1 715)
|
(1 755)
|
(1 781)
|
(1 766)
|
(1 736)
|
(1 714)
|
(1 697)
|
(1 717)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(251)
|
(129)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 128)
|
(898)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(103)
|
(76)
|
(29)
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
4 149
N/A
|
4 233
+2%
|
4 436
+5%
|
4 600
+4%
|
4 820
+5%
|
4 958
+3%
|
5 111
+3%
|
5 351
+5%
|
4 981
-7%
|
5 074
+2%
|
5 275
+4%
|
5 015
-5%
|
5 846
+17%
|
5 818
0%
|
6 149
+6%
|
6 757
+10%
|
6 586
-3%
|
6 492
-1%
|
6 503
+0%
|
6 188
-5%
|
5 146
-17%
|
3 969
-23%
|
4 187
+5%
|
5 464
+30%
|
6 384
+17%
|
6 181
-3%
|
8 195
+33%
|
9 060
+11%
|
10 882
+20%
|
11 902
+9%
|
11 744
-1%
|
12 104
+3%
|
12 255
+1%
|
12 150
-1%
|
12 169
+0%
|
10 304
-15%
|
10 159
-1%
|
10 145
0%
|
9 802
-3%
|
11 574
+18%
|
11 557
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(245)
|
(370)
|
(494)
|
(502)
|
(517)
|
(515)
|
(522)
|
(531)
|
(540)
|
(311)
|
(468)
|
(623)
|
(620)
|
(640)
|
(629)
|
(626)
|
(617)
|
(623)
|
(619)
|
(610)
|
(609)
|
(607)
|
(624)
|
(646)
|
(670)
|
(717)
|
(762)
|
(805)
|
(828)
|
(832)
|
(829)
|
(828)
|
(847)
|
(879)
|
(927)
|
(1 003)
|
(1 101)
|
(1 212)
|
(1 293)
|
(1 345)
|
(1 382)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
(464)
|
(464)
|
(464)
|
(464)
|
0
|
(230)
|
(505)
|
(1 128)
|
0
|
0
|
(676)
|
(70)
|
707
|
269
|
(1 039)
|
(2 295)
|
(2 061)
|
(1 650)
|
(336)
|
(162)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(231)
|
(117)
|
(9)
|
(10)
|
1
|
(11)
|
(11)
|
(9)
|
(12)
|
(12)
|
(10)
|
(6)
|
(25)
|
(9)
|
(13)
|
(13)
|
(16)
|
(10)
|
(8)
|
(10)
|
(15)
|
(18)
|
(17)
|
(19)
|
(21)
|
(17)
|
(22)
|
(23)
|
(20)
|
(23)
|
(23)
|
(26)
|
(38)
|
(38)
|
(38)
|
(34)
|
(22)
|
(17)
|
(13)
|
(11)
|
0
|
|
Pre-Tax Income |
3 673
N/A
|
3 746
+2%
|
3 933
+5%
|
4 088
+4%
|
4 276
+5%
|
4 432
+4%
|
4 578
+3%
|
4 811
+5%
|
4 419
-8%
|
4 751
+8%
|
4 797
+1%
|
4 386
-9%
|
5 201
+19%
|
4 705
-10%
|
5 043
+7%
|
5 654
+12%
|
5 489
-3%
|
5 859
+7%
|
5 646
-4%
|
5 063
-10%
|
3 394
-33%
|
3 344
-1%
|
3 546
+6%
|
4 123
+16%
|
5 623
+36%
|
6 154
+9%
|
7 680
+25%
|
7 193
-6%
|
7 739
+8%
|
8 986
+16%
|
9 242
+3%
|
10 914
+18%
|
11 208
+3%
|
11 233
+0%
|
11 204
0%
|
9 267
-17%
|
9 036
-2%
|
8 916
-1%
|
8 496
-5%
|
10 218
+20%
|
10 175
0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 386)
|
(1 376)
|
(1 465)
|
(1 534)
|
(1 578)
|
(1 685)
|
(1 744)
|
(1 826)
|
(1 873)
|
(1 994)
|
(1 999)
|
(1 945)
|
(2 108)
|
(1 894)
|
(1 980)
|
(2 098)
|
(2 022)
|
(2 006)
|
(1 692)
|
(1 352)
|
(1 078)
|
(971)
|
(1 017)
|
(1 174)
|
(1 342)
|
(1 582)
|
(1 956)
|
(1 826)
|
(1 904)
|
(2 167)
|
(2 233)
|
(2 701)
|
(2 766)
|
(2 779)
|
(2 776)
|
(2 581)
|
(2 599)
|
(2 552)
|
(2 451)
|
(2 554)
|
(2 449)
|
|
Income from Continuing Operations |
2 287
|
2 370
|
2 468
|
2 554
|
2 698
|
2 747
|
2 834
|
2 985
|
2 546
|
2 757
|
2 798
|
2 441
|
3 093
|
2 811
|
3 063
|
3 556
|
3 467
|
3 853
|
3 954
|
3 711
|
2 316
|
2 373
|
2 529
|
2 949
|
4 281
|
4 572
|
5 724
|
5 367
|
5 835
|
6 819
|
7 009
|
8 213
|
8 442
|
8 454
|
8 428
|
6 686
|
6 437
|
6 364
|
6 045
|
7 664
|
7 726
|
|
Net Income (Common) |
2 270
N/A
|
2 353
+4%
|
2 451
+4%
|
2 538
+4%
|
2 682
+6%
|
2 731
+2%
|
2 819
+3%
|
2 970
+5%
|
2 534
-15%
|
2 746
+8%
|
2 787
+1%
|
2 430
-13%
|
3 062
+26%
|
2 781
-9%
|
3 032
+9%
|
3 526
+16%
|
3 436
-3%
|
3 821
+11%
|
3 923
+3%
|
3 681
-6%
|
2 307
-37%
|
2 365
+3%
|
2 520
+7%
|
2 938
+17%
|
4 268
+45%
|
4 557
+7%
|
5 703
+25%
|
5 346
-6%
|
5 811
+9%
|
6 791
+17%
|
6 982
+3%
|
8 182
+17%
|
8 409
+3%
|
8 423
+0%
|
8 399
0%
|
6 662
-21%
|
6 416
-4%
|
6 343
-1%
|
6 026
-5%
|
7 643
+27%
|
7 706
+1%
|
|
EPS (Diluted) |
2.18
N/A
|
2.31
+6%
|
2.46
+6%
|
2.58
+5%
|
2.71
+5%
|
2.91
+7%
|
3.02
+4%
|
3.22
+7%
|
2.73
-15%
|
3.08
+13%
|
3.14
+2%
|
2.78
-11%
|
3.48
+25%
|
3.24
-7%
|
3.6
+11%
|
4.23
+18%
|
4.11
-3%
|
4.61
+12%
|
4.81
+4%
|
4.56
-5%
|
2.84
-38%
|
2.96
+4%
|
3.22
+9%
|
3.81
+18%
|
5.49
+44%
|
6.02
+10%
|
7.57
+26%
|
7.08
-6%
|
7.75
+9%
|
9.43
+22%
|
9.87
+5%
|
11.82
+20%
|
12.03
+2%
|
12.72
+6%
|
13.14
+3%
|
10.74
-18%
|
10.17
-5%
|
10.64
+5%
|
10.3
-3%
|
13.24
+29%
|
13.2
0%
|