Lowes Companies Return on Average Assets Trend from 2010 to 2020

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LOW -- USA Stock  

Earning Report: February 26, 2020  

Lowes Companies Return on Average Assets yearly trend continues to be fairly stable with very little volatility. Return on Average Assets are likely outpace its year average in 2020. During the period from 2010 to 2020, Lowes Companies Return on Average Assets regression line of quarterly data had mean square error of 0.00000856 and geometric mean of  0.06. Lowes Companies Revenues is fairly stable at the moment as compared to the last year. Lowes Companies reported Revenues of 53.42 Billion in 2019. Selling General and Administrative Expense is likely to grow to about 14.6 B in 2020, whereas Direct Expenses is likely to drop slightly above 34.2 B in 2020. Check Lowes Companies fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 34.2 B, Consolidated Income of 2.6 B or Cost of Revenue of 40.2 B, as well as many exotic indicators such as Interest Coverage of 9.9, Long Term Debt to Equity of 1.04 or Calculated Tax Rate of 41.62. This can be a perfect complement to check Lowes Companies Valuation or Volatility. It can also complement various Lowes Companies Technical models. Additionally see the analysis of Lowes Companies Correlation with competitors.

Lowes Companies Return on Average Assets Marginal Breakdown

Showing smoothed Return on Average Assets of Lowes Companies with missing and latest data points interpolated. Return on assets measures how profitable a company is [NetIncCmn] relative to its total assets [AssetsAvg].


          10 Years Trend
Slightly volatile
 Return on Average Assets 

Lowes Companies Regression Statistics

Arithmetic Mean 0.06
Geometric Mean 0.06
Coefficient Of Variation 9.19
Mean Deviation 0.003654
Median 0.06
Standard Deviation 0.00576
Sample Variance 0.00003318
Range 0.019679
R-Value 0.88
Mean Square Error 0.00000856
R-Squared 0.77
Significance 0.00040251
Slope 0.001522
Total Sum of Squares 0.00033175

Lowes Companies Return on Average Assets Over Time

2013  0.06 
2019  0.07 
2020  0.08