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Lowe's (WBO:LOWE) Net Margin % : 8.40% (As of Oct. 2024)


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What is Lowe's Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lowe's's Net Income for the three months ended in Oct. 2024 was €1,556 Mil. Lowe's's Revenue for the three months ended in Oct. 2024 was €18,516 Mil. Therefore, Lowe's's net margin for the quarter that ended in Oct. 2024 was 8.40%.

The historical rank and industry rank for Lowe's's Net Margin % or its related term are showing as below:

WBO:LOWE' s Net Margin % Range Over the Past 10 Years
Min: 3.25   Med: 5.48   Max: 8.94
Current: 8.19


WBO:LOWE's Net Margin % is ranked better than
82.86% of 1103 companies
in the Retail - Cyclical industry
Industry Median: 2.25 vs WBO:LOWE: 8.19

Lowe's Net Margin % Historical Data

The historical data trend for Lowe's's Net Margin % 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 Net Margin % Chart

Lowe's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.93 6.51 8.77 6.63 8.94

Lowe's Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Net Margin % 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 8.66 5.48 8.21 10.10 8.40

Competitive Comparison of Lowe's's Net Margin %

For the Home Improvement Retail subindustry, Lowe's's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lowe's's Net Margin % falls into.



Lowe's Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=7092.468/79294.086
=8.94 %

Lowe's's Net Margin for the quarter that ended in Oct. 2024 is calculated as

Net Margin=Net Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=1556.01/18516.06
=8.40 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Lowe's Net Margin % Related Terms

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Lowe's 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 primarily targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers, but has expanded its commercial and professional business clients to 25% 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.

Lowe's Headlines

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