Lowe's (BSP:LOWC34) Interest Expense : R$-7,996 Mil (TTM As of Jan. 2025)

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What is Lowe's Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lowe's's interest expense for the three months ended in Jan. 2025 was R$ -1,972 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 was R$-7,996 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Lowe's's Operating Income for the three months ended in Jan. 2025 was R$ 11,000 Mil. Lowe's's Interest Expense for the three months ended in Jan. 2025 was R$ -1,972 Mil. Lowe's's Interest Coverage for the quarter that ended in Jan. 2025 was 5.58. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lowe's Interest Expense Historical Data

The historical data trend for Lowe's's Interest Expense 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.

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Lowe's Interest Expense Chart

Lowe's Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Interest Expense

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-4,680.29

-4,960.41

-6,022.95

-7,293.69

-7,892.31

Lowe's Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Interest Expense	Get a 7-Day Free Trial															-1,829.57	-1,913.49	-2,045.66	-2,065.40	-1,971.58

Lowe's Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-7,996 Mil.

Lowe's (BSP:LOWC34) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lowe's's Interest Expense for the three months ended in Jan. 2025 was R$-1,972 Mil. Its Operating Income for the three months ended in Jan. 2025 was R$11,000 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was R$219,572 Mil.

Lowe's's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2025 )	/	Interest Expense (Q: Jan. 2025 )
	=	-1	*	10999.947	/	-1971.575
	=	5.58

The higher the ratio, the stronger the company's financial strength is.

Lowe's Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (BSP:LOWC34) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LOW:USA LOW:Mexico 1LOW:Italy 0JVQ:UK LWE:Germany LOWE:Austria

Address

1000 Lowes Boulevard, Mooresville, NC, USA, 28117

Website

https://www.lowes.com

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 primarily targets retail do-it-yourself (around 70% of sales in 2024) and do-it-for-me customers, but has expanded its commercial and professional business clients to 30% from less than 20% in the past six years. We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.

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