Lowe's Companies Inc (LOW)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	-14,231,000	-15,050,000	-15,050,000	-14,254,000	-14,254,000
ROE		—	—	—	—	—

January 31, 2025 calculation

ROE = Net income ÷ Total stockholders’ equity
= $6,957,000K ÷ $-14,231,000K
= —

Based on the provided data for Lowe's Companies Inc, the return on equity (ROE) for the company is not available for the periods ending January 31, 2023, February 3, 2023, January 31, 2024, February 2, 2024, and January 31, 2025.

ROE is a key financial ratio that measures a company's profitability by evaluating how effectively it is generating profits from its shareholders' equity. It is calculated by dividing net income by shareholders' equity.

The unavailability of ROE data for the specified periods may indicate a lack of profitability information and could be due to various reasons such as company performance, financial reporting delays, or other factors impacting the calculation of ROE.

It is important for investors and stakeholders to monitor ROE trends over time to assess the company's financial performance and its ability to generate returns for shareholders. The absence of ROE data in this case limits the ability to provide insights into Lowe's Companies Inc's profitability and efficiency in utilizing equity for generating profits.