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Lowe's (NYSE:LOW) Net Margin %

: 10.71% (As of Jul. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Lowe's's Net Income for the three months ended in Jul. 2023 was $2,673 Mil. Lowe's's Revenue for the three months ended in Jul. 2023 was $24,956 Mil. Therefore, Lowe's's net margin for the quarter that ended in Jul. 2023 was 10.71%.

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

LOW' s Net Margin % Range Over the Past 10 Years
Min: 3.25   Med: 4.91   Max: 8.77
Current: 6.48


LOW's Net Margin % is ranked better than
75.72% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 2.02 vs LOW: 6.48

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 Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.25 5.93 6.51 8.77 6.63

Lowe's Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 10.89 0.66 4.27 10.11 10.71

Competitive Comparison

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 Net Margin % Distribution

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 in comparison to its industry or sector. The grey bar indicates the Net Margin %'s extreme value range as defined by GuruFocus.



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. 2023 is calculated as

Net Margin=Net Income (A: Jan. 2023 )/Revenue (A: Jan. 2023 )
=6437/97059
=6.63 %

Lowe's's Net Margin for the quarter that ended in Jul. 2023 is calculated as

Net Margin=Net Income (Q: Jul. 2023 )/Revenue (Q: Jul. 2023 )
=2673/24956
=10.71 %

* 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  (NYSE:LOW) 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

Thank you for viewing the detailed overview of Lowe's's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lowe's (NYSE:LOW) Business Description

Lowe's logo
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.
Executives
Quonta D Vance officer: EVP, Pro & Home Services 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Juliette Williams Pryor officer: EVP, CLO & Corp. Sec. 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Scott H Baxter director 400 NORTH ELM STREET, GREENSBORO NC 27401
Taylor Colleen director C/O BILL.COM HOLDINGS, INC., 1800 EMBARCADERO ROAD, PALO ALTO CA 94303
Brandon J Sink officer: EVP, Chief Financial Officer 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Stone West Mary E director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Daniel J Heinrich director CLOROX CO, 1221 BROADWAY, OAKLAND CA 94612
Griggs Dan Clayton Jr officer: Vice President, CAO 1000 LOWES BOULEVARD, MOORESVILLE NC 28117
Janice Dupre Little officer: EVP Human Resources 1000 LOWES BOULEVARD, MOORESVILLE NC 28117
Marisa F Thalberg officer: EVP Chief Brand & Mktg Officer 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
David M Denton officer: EVP, Chief Financial Officer 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Seemantini Godbole officer: EVP, Chief Information Officer 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Tiffany L Mason officer: Interim CFO & SVP 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Joseph Michael Mcfarland officer: EVP, Stores 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
William P Boltz officer: EVP, Merchandising 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117