Lowe's Companies Inc (LOW)

Operating 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
Operating income (ttm)	US$ in thousands	10,466,000	10,324,000	9,554,000	8,803,000	8,846,000	11,044,000	13,164,000	13,756,000	12,764,000	10,582,000	7,620,000	5,256,000	7,781,000	10,306,000	12,684,000	15,062,000	12,682,000	10,302,000	9,789,000	9,276,000
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
Operating profit margin		12.51%	12.39%	11.68%	11.24%	11.43%	13.19%	14.61%	14.89%	13.64%	11.57%	8.47%	5.79%	8.06%	10.17%	12.50%	14.80%	13.26%	11.51%	10.84%	10.36%

January 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $10,466,000K ÷ $83,673,000K
= 12.51%

Lowe's Companies Inc's operating profit margin has shown fluctuations over the past few years based on the provided data. The operating profit margin, which indicates the percentage of revenue that is left as operating income after deducting operating expenses, was at its lowest in February 2023 at 5.79%.

Thereafter, the operating profit margin generally exhibited an increasing trend, reaching a peak of 14.89% in October 2023. Subsequently, there were minor fluctuations in the margins, with slight declines and increases observed in the subsequent periods through January 2025, when the operating profit margin stood at 12.51%.

Overall, the data suggests that Lowe's operating profit margin has displayed variability, indicating potential changes in the company's operational efficiency and cost management strategies during the period under consideration. The upward trend in the latter part of the period may imply improved profitability and operational performance.