Lowe's Companies Inc (LOW)
Gross profit margin
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 27,877,000 | 28,844,000 | 28,844,000 | 32,257,000 | 32,257,000 |
| Revenue | US$ in thousands | 83,674,000 | 84,974,000 | 86,377,000 | 95,481,000 | 97,059,000 |
| Gross profit margin | 33.32% | 33.94% | 33.39% | 33.78% | 33.23% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $27,877,000K ÷ $83,674,000K
= 33.32%
Lowe's Companies Inc has shown a relatively stable gross profit margin over the past few years, ranging from 33.23% to 33.94%. The gross profit margin measures the percentage of revenue that exceeds the cost of goods sold, indicating the efficiency of the company's production and pricing strategies. Despite minor fluctuations, the company has managed to maintain a consistent level of profitability in generating revenue after accounting for direct production costs. This suggests that Lowe's has been able to effectively manage its production and pricing processes to sustain a healthy level of gross profit margin.
Peer comparison
Jan 31, 2025