Lowe's Cos. Inc

LOW ·Consumer Cyclical, Home Improvement Retail, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $71.31B $68.62B $65.02B $59.07B $56.22B $53.42B $50.52B $50.21B
Home Decor $24.79B $23.51B $22.31B $20.23B $19.18B $18.19B $17.15B $17.09B
Building Products $22.91B $22.18B $20.96B $18.84B $17.83B $16.95B $16.05B $15.92B
Hardlines $21.09B $20.57B $19.57B $18.01B $17.29B $16.42B $15.56B $15.44B
Other $2.52B $2.36B $2.17B $1.99B $1.93B $1.85B $1.77B $1.76B
Cost of Revenue $46.19B $43.34B $38.50B $36.67B $34.94B $33.19B $32.86B $31.66B
Gross Profit $22.43B $21.67B $20.57B $19.56B $18.48B $17.33B $17.35B $17.15B
Gross Margin 31.5% 31.6% 31.6% 33.1% 32.9% 32.4% 34.3% 34.2%
Operating Expenses
Research & Development
SG&A Expense $14.44B $14.38B $14.11B $13.27B $12.87B $12.24B $12.59B $12.01B
Operating Income $6.59B $5.85B $4.97B $4.79B $3.67B $3.14B $2.91B $3.56B
Operating Margin 9.2% 8.5% 7.6% 8.1% 6.5% 5.9% 5.8% 7.1%
Interest Expense $332.0M
Pretax Income $5.49B $5.20B $4.42B $4.28B $3.67B $3.14B $2.91B $3.23B
Income Tax Expense $2.04B $2.11B $1.87B $1.58B $1.39B $1.18B $1.07B $1.22B
Net Income $3.45B $3.09B $2.55B $2.70B $2.29B $1.96B $1.84B $2.01B
Net Margin 4.8% 4.5% 3.9% 4.6% 4.1% 3.7% 3.6% 4.0%
EPS (Basic) $4.09 $3.48 $2.73 $2.71 $2.14 $1.69 $1.43 $1.42
EPS (Diluted) $4.09 $3.47 $2.73 $2.71 $2.14 $1.69 $1.43 $1.42
Shares Outstanding (Basic) 839.0M 880.0M 927.0M 988.0M 1.06B 1.15B 1.27B 1.40B
Shares Outstanding (Diluted) 840.0M 881.0M 929.0M 990.0M 1.06B 1.15B 1.27B 1.40B
Dividends Per Share $1.58 $1.33 $1.07 $0.87 $0.70 $0.62 $0.53 $0.42
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