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Lowe's (WBO:LOWE) Pre-Tax Income : €9,341 Mil (TTM As of Jan. 2024)


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What is Lowe's Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Lowe's's pretax income for the three months ended in Jan. 2024 was €1,229 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jan. 2024 was €9,341 Mil. Lowe's's pretax margin was 7.20%.

During the past 13 years, Lowe's's highest Pretax Margin was 11.78%. The lowest was 4.76%. And the median was 8.00%.


Lowe's Pre-Tax Income Historical Data

The historical data trend for Lowe's's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lowe's Pre-Tax Income Chart

Lowe's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,066.32 6,353.72 9,907.87 8,385.41 9,340.65

Lowe's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,283.42 2,680.37 3,204.68 2,226.40 1,229.20

Competitive Comparison of Lowe's's Pre-Tax Income

For the Home Improvement Retail subindustry, Lowe's's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lowe's's Pre-Tax Income Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Lowe's's Pre-Tax Income falls into.



Lowe's Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Lowe's's Pretax Income for the fiscal year that ended in Jan. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=10609.326+0+-1361.394+92.718+0
=9,341

Lowe's's Pretax Income for the quarter that ended in Jan. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1549.584+0+-341.496+21.114+-2.2737367544323E-13
=1,229

Pre-Tax Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €9,341 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lowe's  (WBO:LOWE) Pre-Tax Income Explanation

Lowe's's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=1229.202/17076.636
=7.20%

During the past 13 years, Lowe's's highest Pretax Margin was 11.78%. The lowest was 4.76%. And the median was 8.00%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lowe's Pre-Tax Income Related Terms

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Lowe's (WBO:LOWE) Business Description

Address
1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

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