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

- Company: LOWE’S COMPANIES, INC (LOW)
- Period: 2024-02-03 to 2025-01-31
- Filing: FY2024 10-K, filed 2025-03-24, accession number 0000060667-25-000049
- Page: https://plicit.ai/financials/low/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/low-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service (15 categories)

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.

## Chart details: Revenue by Product and Service (4 categories)

- Page: https://plicit.ai/financials/low/fy2024-annual-income-statement/revenue-by-product-and-service-4-categories
- Chart image: https://plicit.ai/charts/low-fy2024-annual-revenue-by-product-and-service-4-categories-sankey.png

Income statement for 2024-02-03 through 2025-01-31. View: Product and service (4 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
- **Home Decor**: 30,862,000,000 US dollars
- **Building Products**: 26,380,000,000 US dollars
- **Hardlines**: 24,256,000,000 US dollars
- **Other**: 2,176,000,000 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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/low/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/low-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-02-03 through 2025-01-31. View: Geography. 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
- **UNITED STATES**: 83,674,000,000 US dollars
- **CANADA**: 0 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.

## Chart details: Revenue by Product and Service (3 categories)

- Page: https://plicit.ai/financials/low/fy2024-annual-income-statement/revenue-by-product-and-service-3-categories
- Chart image: https://plicit.ai/charts/low-fy2024-annual-revenue-by-product-and-service-3-categories-sankey.png

Income statement for 2024-02-03 through 2025-01-31. View: Product and service (3 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
- **Products**: 80,538,000,000 US dollars
- **Services**: 1,934,000,000 US dollars
- **Other**: 1,202,000,000 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.