Lowe's Companies Inc (LOW)
Pretax margin
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 9,153,000 | 10,175,000 | 10,175,000 | 9,036,000 | 9,036,000 |
| Revenue | US$ in thousands | 83,674,000 | 84,974,000 | 86,377,000 | 95,481,000 | 97,059,000 |
| Pretax margin | 10.94% | 11.97% | 11.78% | 9.46% | 9.31% |
January 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $9,153,000K ÷ $83,674,000K
= 10.94%
Lowe's Companies Inc has demonstrated a consistent improvement in its pre-tax margin over the past few years. The pretax margin, which represents the percentage of each dollar of revenue that translates into pre-tax profit, increased from 9.31% in January 2023 to 10.94% in January 2025. This upward trend indicates that the company has been effectively managing its operating expenses and generating higher profits relative to its revenue. The peak pretax margin of 11.97% in February 2024 reflects a particularly strong performance during that period. Overall, the increasing pretax margin suggests improved operational efficiency and profitability for Lowe's Companies Inc.
Peer comparison
Jan 31, 2025