Lowe's Companies Inc (LOW)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 2, 2024 | Jan 31, 2024 | Nov 3, 2023 | Oct 31, 2023 | Aug 4, 2023 | Jul 31, 2023 | Apr 30, 2023 | Feb 3, 2023 | Jan 31, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | Apr 30, 2022 | Apr 29, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 27,450,000 | 27,380,000 | 26,168,000 | 25,164,000 | 25,393,000 | 27,765,000 | 30,580,000 | 31,216,000 | 31,582,000 | 30,439,000 | 29,858,000 | 30,149,000 | 31,576,000 | 33,453,000 | 33,240,000 | 33,472,000 | 31,815,000 | 29,709,000 | 30,234,000 | 29,771,000 |
| Revenue (ttm) | US$ in thousands | 83,673,000 | 83,351,000 | 81,783,000 | 78,296,000 | 77,403,000 | 83,752,000 | 90,106,000 | 92,354,000 | 93,570,000 | 91,435,000 | 89,958,000 | 90,781,000 | 96,570,000 | 101,332,000 | 101,512,000 | 101,759,000 | 95,622,000 | 89,528,000 | 90,291,000 | 89,568,000 |
| Gross profit margin | 32.81% | 32.85% | 32.00% | 32.14% | 32.81% | 33.15% | 33.94% | 33.80% | 33.75% | 33.29% | 33.19% | 33.21% | 32.70% | 33.01% | 32.74% | 32.89% | 33.27% | 33.18% | 33.49% | 33.24% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $27,450,000K ÷ $83,673,000K
= 32.81%
Lowe's Companies Inc has experienced fluctuations in its gross profit margin over the period from January 31, 2022, to January 31, 2025. The gross profit margin represents the percentage of revenue that remains after deducting the cost of goods sold, serving as an indicator of the company's efficiency in managing production costs.
The gross profit margin ranged from a low of 32.00% on July 31, 2024, to a high of 33.94% on November 3, 2023. This variability suggests that Lowe's has faced challenges in maintaining consistent profitability levels, potentially due to factors such as changes in input costs, pricing strategies, or operational efficiencies.
Despite the fluctuations, the company's overall gross profit margin has remained relatively stable around the high 32% to mid 33% range, indicating that Lowe's has been able to effectively manage its production costs and generate healthy profits from its sales. It is essential for the company to continue monitoring and optimizing its cost structure to sustain and potentially improve its gross profit margin in the future.
Peer comparison
Jan 31, 2025