Lowe's Companies Inc (LOW)
Net profit margin
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 6,957,000 | 7,726,000 | 7,726,000 | 6,437,000 | 6,437,000 |
| Revenue | US$ in thousands | 83,674,000 | 84,974,000 | 86,377,000 | 95,481,000 | 97,059,000 |
| Net profit margin | 8.31% | 9.09% | 8.94% | 6.74% | 6.63% |
January 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $6,957,000K ÷ $83,674,000K
= 8.31%
The net profit margin of Lowe's Companies Inc has exhibited some fluctuations over the past few years, indicating some variability in its profitability. The margin increased from 6.63% as of January 31, 2023, to 6.74% as of February 3, 2023, showing a slight improvement. Subsequently, there was a more notable increase in profitability, with the net profit margin reaching 8.94% as of January 31, 2024, and further rising to 9.09% by February 2, 2024. However, there was a slight decline in profitability as of January 31, 2025, with the net profit margin decreasing to 8.31%. Overall, while experiencing some fluctuations, Lowe's has generally maintained a positive net profit margin during the period under review.
Peer comparison
Jan 31, 2025