Lowe's Companies Inc (LOW)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 9,152,000 | 8,989,000 | 8,109,000 | 7,330,000 | 7,380,000 | 9,586,000 | 11,792,000 | 12,380,000 | 11,412,000 | 9,249,000 | 6,333,000 | 4,023,000 | 6,605,000 | 9,188,000 | 11,618,000 | 14,048,000 | 11,697,000 | 9,346,000 | 8,853,000 | 8,360,000 |
| 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 |
| Pretax margin | 10.94% | 10.78% | 9.92% | 9.36% | 9.53% | 11.45% | 13.09% | 13.40% | 12.20% | 10.12% | 7.04% | 4.43% | 6.84% | 9.07% | 11.44% | 13.81% | 12.23% | 10.44% | 9.80% | 9.33% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $9,152,000K ÷ $83,673,000K
= 10.94%
The pretax margin of Lowe's Companies Inc has shown fluctuations over the past few years, with some periods of increase and decrease. The margin stood at 9.33% as of January 31, 2022, increased to 13.81% by July 31, 2022, and then declined to 6.84% by January 31, 2023. Subsequently, there was a gradual improvement in the pretax margin, reaching 13.40% by October 31, 2023. However, the margin dipped to 9.36% by April 30, 2024, before rising again to 10.94% by January 31, 2025.
These fluctuations indicate varying levels of efficiency in generating pretax profits relative to the total revenues during different reporting periods. It is essential for the company to closely monitor and manage its operating expenses and revenue streams to sustain and potentially improve its pretax margin in the future.
Peer comparison
Jan 31, 2025