Lowe's Income Statement

LOW / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Lowe's reported $86.3B in revenue and $7.0B in net income for FY2025. Revenue has grown at a 3.9% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$86.3B	$83.7B	$86.4B	$97.1B	$96.3B	$89.6B	$72.1B	$71.3B	$68.6B	$65.0B	$59.1B	$56.2B	$53.4B	$50.5B	$50.2B
Cost of Revenue	$57.4B	$55.8B	$57.5B	$64.8B	$64.2B	$60.0B	$49.2B	$48.4B	$46.2B	$43.3B	$38.5B	$36.7B	$34.9B	$33.2B	$32.9B
Gross Profit	$28.9B	$27.9B	$28.8B	$32.3B	$32.1B	$29.6B	$22.9B	$22.9B	$22.4B	$21.7B	$20.6B	$19.6B	$18.5B	$17.3B	$17.4B
SG&A Expense	$16.8B	$15.7B	$15.6B	$20.3B	$18.3B	$18.5B	$15.4B	$17.4B	$14.4B	$14.4B	$14.1B	$13.3B	$12.9B	$12.2B	$12.6B
Operating Income	$10.2B	$10.5B	$11.6B	$10.2B	$12.1B	$9.6B	$6.3B	$4.0B	$6.6B	$5.8B	$5.0B	$4.8B	-	-	-
Income Tax	$2.1B	$2.2B	$2.4B	$2.6B	$2.8B	$1.9B	$1.3B	$1.1B	$2.0B	$2.1B	$1.9B	$1.6B	$1.4B	$1.2B	$1.1B
Net Income	$7.0B	$7.7B	$6.4B	$8.4B	$5.8B	$5.8B	$4.3B	$2.3B	$3.4B	$3.1B	$2.5B	$2.7B	$2.3B	$2.0B	$1.8B
EPS (Basic)	$13.23	$10.20	$12.07	$7.77	$5.49	$2.84	$4.09	$3.48	$2.73	$2.71	$2.14	$1.69	$1.43	$1.42	$1.21
EPS (Diluted)	$13.20	$10.17	$12.04	$7.75	$5.49	$2.84	$4.09	$3.47	$2.73	$2.71	$2.14	$1.69	$1.43	$1.42	$1.21
Shares Outstanding	560.0M	574.0M	601.0M	670.0M	731.0M	763.0M	801.0M	830.0M	866.0M	910.0M	960.0M	1.0B	1.1B	1.2B	1.4B
Gross Margin	33.5%	33.3%	33.4%	33.2%	33.3%	33.0%	31.8%	32.1%	32.7%	33.3%	34.8%	34.8%	34.6%	34.3%	34.6%
Operating Margin	11.8%	12.5%	13.4%	10.5%	12.6%	10.8%	8.8%	5.6%	9.6%	9.0%	8.4%	8.5%	-	-	-
Profit Margin	8.1%	9.2%	7.4%	8.7%	6.1%	6.5%	5.9%	3.3%	5.0%	4.8%	4.3%	4.8%	4.3%	3.9%	3.7%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Lowe's Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$86.3B

$83.7B

$86.4B

$97.1B

$96.3B

$89.6B

$72.1B

$71.3B

$68.6B

$65.0B

$59.1B

$56.2B

$53.4B

$50.5B

$50.2B

Cost of Revenue

$57.4B

$55.8B

$57.5B

$64.8B

$64.2B

$60.0B

$49.2B

$48.4B

$46.2B

$43.3B

$38.5B

$36.7B

$34.9B

$33.2B

$32.9B

Gross Profit

$28.9B

$27.9B

$28.8B

$32.3B

$32.1B

$29.6B

$22.9B

$22.4B

$21.7B

$20.6B

$19.6B

$18.5B

$17.3B

$17.4B

SG&A Expense

$16.8B

$15.7B

$15.6B

$20.3B

$18.3B

$18.5B

$15.4B

$17.4B

$14.4B

$14.1B

$13.3B

$12.9B

$12.2B

$12.6B

Operating Income

$10.2B

$10.5B

$11.6B

$10.2B

$12.1B

$9.6B

$6.3B

$4.0B

$6.6B

$5.8B

$5.0B

$4.8B

Income Tax

$2.1B

$2.2B

$2.4B

$2.6B

$2.8B

$1.9B

$1.3B

$1.1B

$2.0B

$2.1B

$1.9B

$1.6B

$1.4B

$1.2B

$1.1B

Net Income

$7.0B

$7.7B

$6.4B

$8.4B

$5.8B

$4.3B

$2.3B

$3.4B

$3.1B

$2.5B

$2.7B

$2.3B

$2.0B

$1.8B

EPS (Basic)

$13.23

$10.20

$12.07

$7.77

$5.49

$2.84

$4.09

$3.48

$2.73

$2.71

$2.14

$1.69

$1.43

$1.42

$1.21

EPS (Diluted)

$13.20

$10.17

$12.04

$7.75

$5.49

$2.84

$4.09

$3.47

$2.73

$2.71

$2.14

$1.69

$1.43

$1.42

$1.21

Shares Outstanding

560.0M

574.0M

601.0M

670.0M

731.0M

763.0M

801.0M

830.0M

866.0M

910.0M

960.0M

1.0B

1.1B

1.2B

1.4B

Gross Margin

33.5%

33.3%

33.4%

33.2%

33.3%

33.0%

31.8%

32.1%

32.7%

33.3%

34.8%

34.6%

34.3%

34.6%

Operating Margin

11.8%

12.5%

13.4%

10.5%

12.6%

10.8%

8.8%

5.6%

9.6%

9.0%

8.4%

8.5%

Profit Margin

8.1%

9.2%

7.4%

8.7%

6.1%

6.5%

5.9%

3.3%

5.0%

4.8%

4.3%

4.8%

4.3%

3.9%

3.7%