Lowes Historical Income Statement

LOW Stock

USD 256.63 0.09 0.04%

Historical analysis of Lowes Companies income statement accounts such as Gross Profit of 28.5 B can show how well Lowes Companies performed in making a profits. Evaluating Lowes Companies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lowes Companies's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Lowes Companies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lowes Companies is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lowes Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Lowes Stock please use our How to Invest in Lowes Companies guide.

About Lowes Income Statement Analysis

Lowes Companies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lowes Companies shareholders. The income statement also shows Lowes investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Lowes Companies Income Statement Chart

At this time, Lowes Companies' Net Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 2.6 B in 2024, whereas Total Operating Expenses is likely to drop slightly above 9.5 B in 2024.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Lowes Companies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lowes Companies minus its cost of goods sold. It is profit before Lowes Companies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lowes Companies. It is also known as Lowes Companies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Lowes Companies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lowes Companies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Lowes Companies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lowes Companies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lowes Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Lowes Stock please use our How to Invest in Lowes Companies guide.At this time, Lowes Companies' Net Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 2.6 B in 2024, whereas Total Operating Expenses is likely to drop slightly above 9.5 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	897M	1.2B	1.5B	1.6B
Depreciation And Amortization	2.4B	2.5B	1.9B	1.0B

Interest Expense Depreciation And Amortization

Lowes Companies income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Minority Interest	Reconciled Depreciation	Non Operating Income Net Other	Extraordinary Items
Depreciation And Amortization		0.46	0.79	0.84	0.81	0.61	0.59	0.65	0.77	0.93	0.61	-0.53	0.56	0.7	0.94	0.5	0.64	0.13	0.42	0.28	-0.27	0.18	0.46	-0.43	0.42
Interest Expense	0.46		0.84	0.8	0.81	0.92	0.92	0.91	0.86	0.37	0.91	-0.77	0.91	0.83	0.49	0.44	0.73	-0.77	0.51	-0.15	-0.92	-0.75	0.8	-0.68	0.72
Total Revenue	0.79	0.84		0.99	1.0	0.91	0.91	0.93	1.0	0.78	0.9	-0.81	0.88	0.88	0.85	0.64	0.77	-0.38	0.42	-0.07	-0.62	-0.34	0.64	-0.74	0.75
Gross Profit	0.84	0.8	0.99		1.0	0.89	0.88	0.92	0.99	0.82	0.88	-0.79	0.85	0.9	0.89	0.62	0.75	-0.32	0.43	-0.03	-0.57	-0.28	0.61	-0.69	0.69
Other Operating Expenses	0.81	0.81	1.0	1.0		0.88	0.88	0.91	0.99	0.81	0.87	-0.79	0.84	0.86	0.88	0.66	0.74	-0.34	0.37	-0.07	-0.58	-0.3	0.6	-0.74	0.74
Operating Income	0.61	0.92	0.91	0.89	0.88		1.0	1.0	0.92	0.5	1.0	-0.83	0.99	0.91	0.6	0.49	0.88	-0.58	0.65	-0.03	-0.82	-0.55	0.79	-0.71	0.74
Ebit	0.59	0.92	0.91	0.88	0.88	1.0		1.0	0.92	0.49	0.99	-0.86	0.98	0.91	0.6	0.49	0.87	-0.59	0.62	-0.09	-0.81	-0.56	0.75	-0.7	0.73
Ebitda	0.65	0.91	0.93	0.92	0.91	1.0	1.0		0.94	0.55	0.99	-0.86	0.98	0.92	0.65	0.5	0.86	-0.56	0.62	-0.05	-0.79	-0.53	0.75	-0.7	0.72
Cost Of Revenue	0.77	0.86	1.0	0.99	0.99	0.92	0.92	0.94		0.75	0.91	-0.81	0.89	0.88	0.84	0.65	0.78	-0.41	0.41	-0.09	-0.65	-0.37	0.65	-0.77	0.78
Total Operating Expenses	0.93	0.37	0.78	0.82	0.81	0.5	0.49	0.55	0.75		0.49	-0.51	0.44	0.61	0.99	0.63	0.5	0.23	0.14	0.05	-0.09	0.28	0.24	-0.45	0.43
Income Before Tax	0.61	0.91	0.9	0.88	0.87	1.0	0.99	0.99	0.91	0.49		-0.78	0.99	0.92	0.59	0.47	0.89	-0.58	0.67	0.02	-0.82	-0.55	0.8	-0.7	0.73
Total Other Income Expense Net	-0.53	-0.77	-0.81	-0.79	-0.79	-0.83	-0.86	-0.86	-0.81	-0.51	-0.78		-0.78	-0.7	-0.6	-0.51	-0.7	0.43	-0.36	0.32	0.65	0.41	-0.51	0.64	-0.65
Net Income	0.56	0.91	0.88	0.85	0.84	0.99	0.98	0.98	0.89	0.44	0.99	-0.78		0.87	0.54	0.47	0.9	-0.6	0.65	0.0	-0.84	-0.57	0.81	-0.75	0.77
Income Tax Expense	0.7	0.83	0.88	0.9	0.86	0.91	0.91	0.92	0.88	0.61	0.92	-0.7	0.87		0.69	0.42	0.76	-0.45	0.7	0.06	-0.66	-0.41	0.71	-0.46	0.48
Selling General Administrative	0.94	0.49	0.85	0.89	0.88	0.6	0.6	0.65	0.84	0.99	0.59	-0.6	0.54	0.69		0.62	0.57	0.09	0.2	0.03	-0.22	0.14	0.34	-0.53	0.51
Selling And Marketing Expenses	0.5	0.44	0.64	0.62	0.66	0.49	0.49	0.5	0.65	0.63	0.47	-0.51	0.47	0.42	0.62		0.5	-0.04	0.04	-0.31	-0.25	-0.02	0.3	-0.62	0.62
Net Income From Continuing Ops	0.64	0.73	0.77	0.75	0.74	0.88	0.87	0.86	0.78	0.5	0.89	-0.7	0.9	0.76	0.57	0.5		-0.27	0.68	0.13	-0.71	-0.25	0.75	-0.72	0.74
Non Recurring	0.13	-0.77	-0.38	-0.32	-0.34	-0.58	-0.59	-0.56	-0.41	0.23	-0.58	0.43	-0.6	-0.45	0.09	-0.04	-0.27		-0.28	0.3	0.79	1.0	-0.55	0.34	-0.4
Tax Provision	0.42	0.51	0.42	0.43	0.37	0.65	0.62	0.62	0.41	0.14	0.67	-0.36	0.65	0.7	0.2	0.04	0.68	-0.28		0.49	-0.61	-0.28	0.76	-0.12	0.15
Interest Income	0.28	-0.15	-0.07	-0.03	-0.07	-0.03	-0.09	-0.05	-0.09	0.05	0.02	0.32	0.0	0.06	0.03	-0.31	0.13	0.3	0.49		-0.02	0.29	0.35	0.1	-0.13
Net Interest Income	-0.27	-0.92	-0.62	-0.57	-0.58	-0.82	-0.81	-0.79	-0.65	-0.09	-0.82	0.65	-0.84	-0.66	-0.22	-0.25	-0.71	0.79	-0.61	-0.02		0.78	-0.87	0.61	-0.66
Minority Interest	0.18	-0.75	-0.34	-0.28	-0.3	-0.55	-0.56	-0.53	-0.37	0.28	-0.55	0.41	-0.57	-0.41	0.14	-0.02	-0.25	1.0	-0.28	0.29	0.78		-0.54	0.33	-0.38
Reconciled Depreciation	0.46	0.8	0.64	0.61	0.6	0.79	0.75	0.75	0.65	0.24	0.8	-0.51	0.81	0.71	0.34	0.3	0.75	-0.55	0.76	0.35	-0.87	-0.54		-0.58	0.61
Non Operating Income Net Other	-0.43	-0.68	-0.74	-0.69	-0.74	-0.71	-0.7	-0.7	-0.77	-0.45	-0.7	0.64	-0.75	-0.46	-0.53	-0.62	-0.72	0.34	-0.12	0.1	0.61	0.33	-0.58		-1.0
Extraordinary Items	0.42	0.72	0.75	0.69	0.74	0.74	0.73	0.72	0.78	0.43	0.73	-0.65	0.77	0.48	0.51	0.62	0.74	-0.4	0.15	-0.13	-0.66	-0.38	0.61	-1.0

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Lowes Companies Account Relationship Matchups

Lowes Companies income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.4B	2.1B	2.4B	2.5B	1.9B	1.0B
Interest Expense	691M	848M	897M	1.2B	1.5B	1.6B
Total Revenue	72.1B	89.6B	96.3B	97.1B	86.4B	90.7B
Gross Profit	22.9B	29.6B	32.1B	32.3B	27.1B	28.5B
Other Operating Expenses	65.8B	80.0B	84.2B	86.9B	74.8B	78.6B
Operating Income	6.3B	9.6B	12.1B	10.2B	11.5B	12.1B
Ebit	6.3B	10.2B	11.6B	9.6B	11.5B	12.1B
Ebitda	7.7B	12.3B	14.0B	12.1B	13.5B	14.1B
Cost Of Revenue	49.2B	60.0B	64.2B	64.8B	59.3B	62.2B
Total Operating Expenses	16.6B	19.9B	20.0B	22.1B	15.6B	9.5B
Income Before Tax	5.6B	7.7B	11.2B	9.0B	10.2B	10.7B
Total Other Income Expense Net	(691M)	(1.9B)	(885M)	(1.1B)	(1.4B)	(1.3B)
Net Income	4.3B	5.8B	8.4B	6.4B	7.7B	8.1B
Income Tax Expense	1.3B	1.9B	2.8B	2.6B	2.4B	2.6B
Selling General Administrative	14.5B	17.7B	17.4B	19.5B	14.8B	10.8B
Selling And Marketing Expenses	871M	798M	877M	869M	831M	495.6M
Net Income Applicable To Common Shares	4.3B	5.8B	8.4B	6.4B	7.4B	7.7B
Net Income From Continuing Ops	4.3B	5.8B	8.4B	6.4B	7.7B	4.2B
Tax Provision	1.3B	1.9B	2.8B	2.6B	2.4B	2.2B
Interest Income	27M	24M	847M	1.1B	101M	96.0M
Net Interest Income	(691M)	(848M)	(885M)	(1.1B)	(1.4B)	(1.3B)
Reconciled Depreciation	1.4B	1.6B	1.9B	2.0B	1.9B	1.9B

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When running Lowes Companies' price analysis, check to measure Lowes Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lowes Companies is operating at the current time. Most of Lowes Companies' value examination focuses on studying past and present price action to predict the probability of Lowes Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lowes Companies' price. Additionally, you may evaluate how the addition of Lowes Companies to your portfolios can decrease your overall portfolio volatility.

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Lowes Historical Income Statement

About Lowes Income Statement Analysis

Lowes Companies Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Lowes Companies income statement Correlations

Lowes Companies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lowes Companies income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income

Extraordinary Items	- 1.0	Non Operating Income Net Other
Net Interest Income	- 0.92	Interest Expense
Reconciled Depreciation	- 0.87	Net Interest Income
Total Other Income Expense Net	- 0.86	Ebitda
Total Other Income Expense Net	- 0.86	Ebit
Net Interest Income	- 0.84	Net Income