Lowes Operating Income vs Cost Of Revenue Analysis

LOW Stock  USD 273.19  1.28  0.47%   
Lowes Companies financial indicator trend analysis is infinitely more than just investigating Lowes Companies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lowes Companies is a good investment. Please check the relationship between Lowes Companies Operating Income and its Cost Of Revenue accounts. 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowes Companies Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lowes Companies' Operating Income and Cost Of Revenue is 0.91. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Lowes Companies, assuming nothing else is changed. The correlation between historical values of Lowes Companies' Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Lowes Companies are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Lowes Companies' Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Cost Of Revenue

Cost of Revenue is found on Lowes Companies income statement and represents the costs associated with goods and services Lowes Companies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Lowes Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 13.79 in 2024, whereas Selling General Administrative is likely to drop slightly above 10.8 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense897M1.2B1.5B1.6B
Depreciation And Amortization2.4B2.5B1.9B1.0B

Lowes Companies fundamental ratios Correlations

0.50.750.79-0.120.940.47-0.120.520.930.080.550.16-0.630.50.740.640.00.60.760.60.780.380.160.620.15
0.50.910.85-0.870.31.0-0.870.320.28-0.260.35-0.34-0.751.00.930.820.010.990.90.640.840.72-0.180.59-0.26
0.750.910.95-0.630.610.9-0.640.350.59-0.10.39-0.16-0.750.910.980.850.150.950.950.680.930.670.040.66-0.01
0.790.850.95-0.60.60.83-0.610.510.58-0.230.540.0-0.820.840.970.910.00.920.970.820.990.51-0.120.69-0.15
-0.12-0.87-0.63-0.60.15-0.881.0-0.150.180.55-0.170.450.71-0.86-0.68-0.650.01-0.81-0.64-0.47-0.59-0.430.55-0.380.63
0.940.30.610.60.150.280.150.351.00.330.380.19-0.370.310.570.440.070.410.570.430.590.40.460.470.45
0.471.00.90.83-0.880.28-0.880.240.26-0.250.27-0.36-0.750.990.920.820.030.980.870.620.820.72-0.170.54-0.25
-0.12-0.87-0.64-0.611.00.15-0.88-0.150.170.54-0.170.460.7-0.86-0.68-0.650.02-0.81-0.64-0.46-0.59-0.440.54-0.390.62
0.520.320.350.51-0.150.350.24-0.150.33-0.21.00.19-0.350.310.440.33-0.30.390.590.410.550.13-0.130.76-0.12
0.930.280.590.580.181.00.260.170.330.360.360.24-0.360.280.550.430.070.380.550.420.570.380.460.430.46
0.08-0.26-0.1-0.230.550.33-0.250.54-0.20.36-0.210.140.39-0.23-0.16-0.270.29-0.24-0.19-0.26-0.220.380.77-0.260.74
0.550.350.390.54-0.170.380.27-0.171.00.36-0.210.17-0.370.340.480.35-0.280.420.620.430.580.15-0.120.8-0.11
0.16-0.34-0.160.00.450.19-0.360.460.190.240.140.17-0.07-0.38-0.170.110.21-0.27-0.110.35-0.02-0.260.02-0.080.08
-0.63-0.75-0.75-0.820.71-0.37-0.750.7-0.35-0.360.39-0.37-0.07-0.73-0.77-0.84-0.13-0.78-0.76-0.76-0.8-0.30.53-0.460.58
0.51.00.910.84-0.860.310.99-0.860.310.28-0.230.34-0.38-0.730.930.790.00.990.90.60.830.74-0.140.6-0.22
0.740.930.980.97-0.680.570.92-0.680.440.55-0.160.48-0.17-0.770.930.87-0.020.970.990.730.970.66-0.030.69-0.09
0.640.820.850.91-0.650.440.82-0.650.330.43-0.270.350.11-0.840.790.870.10.860.850.910.880.45-0.260.44-0.29
0.00.010.150.00.010.070.030.02-0.30.070.29-0.280.21-0.130.0-0.020.10.0-0.060.05-0.040.110.09-0.080.08
0.60.990.950.92-0.810.410.98-0.810.390.38-0.240.42-0.27-0.780.990.970.860.00.950.690.910.7-0.130.65-0.21
0.760.90.950.97-0.640.570.87-0.640.590.55-0.190.62-0.11-0.760.90.990.85-0.060.950.740.980.62-0.050.77-0.1
0.60.640.680.82-0.470.430.62-0.460.410.42-0.260.430.35-0.760.60.730.910.050.690.740.790.32-0.270.45-0.27
0.780.840.930.99-0.590.590.82-0.590.550.57-0.220.58-0.02-0.80.830.970.88-0.040.910.980.790.51-0.110.71-0.14
0.380.720.670.51-0.430.40.72-0.440.130.380.380.15-0.26-0.30.740.660.450.110.70.620.320.510.420.40.31
0.16-0.180.04-0.120.550.46-0.170.54-0.130.460.77-0.120.020.53-0.14-0.03-0.260.09-0.13-0.05-0.27-0.110.420.020.99
0.620.590.660.69-0.380.470.54-0.390.760.43-0.260.8-0.08-0.460.60.690.44-0.080.650.770.450.710.40.02-0.01
0.15-0.26-0.01-0.150.630.45-0.250.62-0.120.460.74-0.110.080.58-0.22-0.09-0.290.08-0.21-0.1-0.27-0.140.310.99-0.01
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Lowes Companies Account Relationship Matchups

Lowes Companies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.5B46.7B44.6B43.7B41.8B22.3B
Short Long Term Debt Total23.8B26.2B29.4B38.0B40.1B42.2B
Other Current Liab3.3B3.5B3.8B4.6B3.9B4.1B
Total Current Liabilities15.2B18.7B19.7B19.5B15.6B16.3B
Total Stockholder Equity2.0B1.4B(4.8B)(14.3B)(15.1B)(14.3B)
Property Plant And Equipment Net22.6B23.0B23.2B21.1B21.4B13.3B
Net Debt23.0B21.5B28.3B36.6B39.2B41.2B
Retained Earnings1.7B1.1B(5.1B)(14.9B)(15.6B)(14.9B)
Cash716M4.7B1.1B1.3B921M612.0M
Non Current Assets Total24.2B24.4B24.6B22.3B22.7B14.1B
Non Currrent Assets Other702M571M205M(115M)838M879.9M
Cash And Short Term Investments876M5.2B1.4B1.7B1.2B789.4M
Common Stock Shares Outstanding778M750M699M631M584M966.3M
Liabilities And Stockholders Equity39.5B46.7B44.6B43.7B41.8B22.3B
Non Current Liabilities Total22.3B26.6B29.8B38.5B41.3B43.3B
Inventory13.2B16.2B17.6B18.5B16.9B17.7B
Other Current Assets1.3B937M1.1B1.2B949M996.5M
Other Stockholder Equity381M90M(36M)307M276.3M262.5M
Total Liab37.5B45.3B49.5B58.0B56.8B59.7B
Total Current Assets15.3B22.3B20.1B21.4B19.1B20.0B
Short Term Debt3.0B2.2B2.1B1.6B1.5B1.6B
Accounts Payable7.7B10.9B11.4B10.5B8.7B9.1B
Property Plant And Equipment Gross22.6B23.0B19.1B17.6B39.5B41.5B
Common Stock Total Equity381M366M335M301M346.2M518.9M
Short Term Investments218M160M506M271M384M266.9M
Common Stock381M366M335M301M287M494.5M
Other Assets1.3B1.1B21.2B1.1B1.2B1.8B
Long Term Debt16.8B20.7B23.9B32.9B35.4B37.2B
Property Plant Equipment18.7B23.0B23.2B21.1B24.2B19.7B
Current Deferred Revenue1.2B1.6B1.9B1.6B1.4B1.0B
Net Tangible Assets1.7B1.1B(4.8B)(14.3B)(12.8B)(12.2B)
Retained Earnings Total Equity1.7B1.1B(5.1B)(14.9B)(13.4B)(12.7B)
Long Term Debt Total16.8B20.7B23.9B32.9B37.8B39.7B
Long Term Investments372M200M199M121M108.9M103.5M
Non Current Liabilities Other5.5B991M781M862M931M1.6B

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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.