LOWE’S COMPANIES, INC (LOW) FY2024 Annual P&L / Income Statement

LOWE’S COMPANIES, INC (LOW) FY2024 Annual P&L / Income Statement

Income statement for 2024-02-03 through 2025-01-31. View: Product and service (15 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

83,674,000,000 US dollars

Cost of sales

55,797,000,000 US dollars

Gross margin

27,877,000,000 US dollars

Operating expenses (calculated)

17,411,000,000 US dollars

Operating income

10,466,000,000 US dollars

Other income (expense), net (calculated)

negative 1,313,000,000 US dollars

Pre-tax earnings

9,153,000,000 US dollars

Income tax provision

2,196,000,000 US dollars

Net earnings

6,957,000,000 US dollars

Appliances

12,053,000,000 US dollars

Seasonal & Outdoor Living

7,370,000,000 US dollars

Lumber

6,747,000,000 US dollars

Lawn & Garden

6,526,000,000 US dollars

Kitchens & Bath

5,869,000,000 US dollars

Hardware

5,821,000,000 US dollars

Building Materials

5,419,000,000 US dollars

Millwork

4,986,000,000 US dollars

Paint

4,976,000,000 US dollars

Rough Plumbing

4,930,000,000 US dollars

Tools

4,539,000,000 US dollars

Electrical

4,299,000,000 US dollars

Flooring

4,102,000,000 US dollars

Décor

3,862,000,000 US dollars

Other

2,175,000,000 US dollars

Selling, general and administrative

15,682,000,000 US dollars

Depreciation and amortization

1,729,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.