Lowe's Companies Net Income 2024

Lowe's Companies Net Income

7.71 B USD

Lowe's Companies Dividend yield

0.96 %

Ticker

LOW

ISIN

US5486611073

WKN

859545

In 2024, Lowe's Companies's profit amounted to 7.71 B USD, a 20.11% increase from the 6.42 B USD profit recorded in the previous year.

The Lowe's Companies Net Income history

YEARNET INCOME (undefined USD)
2029e11.05
2028e10.44
2027e8.6
2027e9.36
2026e7.77
2026e8.54
2025e7.04
20247.71
20236.42
20228.41
20215.81
20204.27
20192.31
20183.44
20173.06
20162.53
20152.68
20142.27
20131.95
20121.82
20111.99
20101.77
20092.18
20082.8
20073.11
20062.77
20052.17

Lowe's Companies Aktienanalyse

What does Lowe's Companies do?

Lowe's Companies Inc. is an American company specializing in the sale of home and garden products. The company was founded in 1946 by Lucius Smith Lowe and is headquartered in Mooresville, North Carolina. Today, Lowe's is one of the largest home improvement chains worldwide with over 2,000 stores in the USA, Canada, and Mexico. Lowe's business model is very simple: the company offers a wide range of products, which can be broadly categorized into three categories - building materials, tools and equipment, and decoration and home accessories. Lowe's focuses strongly on the needs of DIY enthusiasts and professionals in the construction industry. The range includes items such as paints, tiles, windows, doors, kitchen appliances, power tools, garden furniture, grills, and more. Over the years, Lowe's has expanded its range of products and services. Particularly noteworthy are the installation services provided by qualified professionals. These include the installation of kitchen appliances, windows, doors, flooring, and more. Lowe's also operates an online platform that allows customers to shop online, read product reviews, and stay informed about the latest innovations in the construction and design industry. Lowe's growth in recent decades can be attributed to the enormous expansion of the construction industry. In the USA, there was a construction boom driven by the demand for new homes in suburban areas as well as the need for renovating older properties. Lowe's took full advantage of this and built a network of stores that spans the entire country. Lowe's has also made significant acquisitions in the past. For example, in 2018, the company acquired its Canadian competitor RONA, leading to a significant expansion and strengthening of Lowe's position in the Canadian market. The company has also been recognized for its charitable work, including a donation of $1 million to the victims of Hurricane Sandy in 2012 and support for schools and nonprofit organizations in communities where the company operates. Despite Lowe's success, there are challenges to be overcome. Competition from Home Depot, the largest American home improvement chain, is particularly tough. The two companies have been battling for market share for years and must constantly adapt to changing customer needs in order to remain competitive. Overall, Lowe's is a solid, well-diversified company that will continue to grow and thrive as long as management is able to adapt to changing market conditions. Lowe's Companies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Lowe's Companies's Profit Margins

The profit margins of Lowe's Companies represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Lowe's Companies's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Lowe's Companies's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Lowe's Companies's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Lowe's Companies’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Lowe's Companies Stock

How much profit has Lowe's Companies made this year?

Lowe's Companies has made 7.71 B USD this year.

How has the profit developed compared to last year?

The profit has increased by 20.11% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Lowe's Companies publish its earnings?

Lowe's Companies publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Lowe's Companies?

The profits of Lowe's Companies are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Lowe's Companies?

You can learn more about the earnings of Lowe's Companies by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Lowe's Companies pay?

Over the past 12 months, Lowe's Companies paid a dividend of 2.2 USD . This corresponds to a dividend yield of about 0.96 %. For the coming 12 months, Lowe's Companies is expected to pay a dividend of 2.2 USD.

What is the dividend yield of Lowe's Companies?

The current dividend yield of Lowe's Companies is 0.96 %.

When does Lowe's Companies pay dividends?

Lowe's Companies pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Lowe's Companies?

Lowe's Companies paid dividends every year for the past 64 years.

What is the dividend of Lowe's Companies?

For the upcoming 12 months, dividends amounting to 2.2 USD are expected. This corresponds to a dividend yield of 0.96 %.

In which sector is Lowe's Companies located?

Lowe's Companies is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Lowe's Companies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Lowe's Companies from 5/8/2024 amounting to 1.1 USD, you needed to have the stock in your portfolio before the ex-date on 4/23/2024.

When did Lowe's Companies pay the last dividend?

The last dividend was paid out on 5/8/2024.

What was the dividend of Lowe's Companies in the year 2023?

In the year 2023, Lowe's Companies distributed 4.3 USD as dividends.

In which currency does Lowe's Companies pay out the dividend?

The dividends of Lowe's Companies are distributed in USD.

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Andere Kennzahlen von Lowe's Companies

Our stock analysis for Lowe's Companies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Lowe's Companies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.