Lowe's Companies Inc (LOW)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 10,466,000 | 11,557,000 | 11,557,000 | 10,159,000 | 10,159,000 |
| Total assets | US$ in thousands | 43,102,000 | 41,795,000 | 41,795,000 | 43,708,000 | 43,708,000 |
| Operating ROA | 24.28% | 27.65% | 27.65% | 23.24% | 23.24% |
January 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $10,466,000K ÷ $43,102,000K
= 24.28%
The operating return on assets (operating ROA) for Lowe's Companies Inc has shown a consistent trend of improvement over the years. In January 2023 and February 2023, the operating ROA stood at 23.24%. Subsequently, by January 2024 and February 2024, the operating ROA increased to 27.65%, indicating an enhanced efficiency in generating profits from its assets. However, in January 2025, there was a slight decrease in the operating ROA to 24.28%, which could be attributed to various factors affecting the company's operations during that period. Overall, the company has been successful in effectively utilizing its assets to generate operating profits, reflecting a positive performance in terms of efficiency and profitability.
Peer comparison
Jan 31, 2025