Lowes Historical Income Statement
| LOW Stock | USD 273.19 1.28 0.47% |
Historical analysis of Lowes Companies income statement accounts such as Gross Profit of 30.3 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.
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.
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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
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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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Lowes Companies whose combined shares represent less than 50% of the total outstanding shares issued by Lowes Companies have a minority interest in Lowes Companies.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 9.6 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 |
Lowes Companies income statement Correlations
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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 | 28.8B | 30.3B | |
| 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 | 11.6B | 12.1B | |
| Ebit | 6.3B | 9.2B | 12.1B | 10.2B | 11.6B | 12.2B | |
| Ebitda | 7.7B | 11.2B | 14.5B | 12.7B | 13.6B | 14.2B | |
| Cost Of Revenue | 49.2B | 60.0B | 64.2B | 64.8B | 57.5B | 60.4B | |
| Total Operating Expenses | 16.6B | 19.9B | 20.0B | 22.1B | 17.3B | 9.6B | |
| 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 | 14.7B | 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.