← LOWES COMPANIES INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $59.1b $65.0b $68.6b $71.3b $72.1b $89.6b $96.2b $97.1b $86.4b $83.7b $86.3b
Cost of Revenue $38.5b $42.6b $46.2b $48.4b $49.2b $60.0b $64.2b $64.8b $57.5b $55.8b $57.4b
Cost of sales — $42.6b $45.2b $48.4b $49.2b $60.0b $1 $1 $1 $1 $1
Gross Profit $20.6b $22.5b $22.4b $22.9b $22.9b $29.6b $32.1b $32.3b $28.8b $27.9b $28.9b
Selling, general and administrative — $15.1b $15.4b $17.4b $15.4b $18.5b $0 $0 $0 $0 $0
Operating expenses:
Operating Income (Loss) $5.0b $5.8b $6.6b $4.0b $6.3b $9.6b $12.1b $10.2b $11.6b $10.5b $10.2b
Additional Financial Items
Amortization of Intangible Assets — — — — — $59.0m $32.0m — — $13.0m $140.0m
Depreciation and amortization — $1.5b $1.4b $1.5b $1.3b $1.4b $0 $0 $0 $0 $0
Goodwill, Impairment Loss $0 $46.0m $0 $952.0m $0 — — — — — —
Gross margin — $22.5b $23.4b $22.9b $22.9b $29.6b $0 $0 $0 $0 $0
Income tax provision — $2.1b $2.0b $1.1b $1.3b $1.9b $0 $0 $0 $0 $0
Interest – net — — — $624.0m $691.0m $848.0m $0 $0 $0 $0 $0
Net earnings — $3.1b $3.4b $2.3b $4.3b $5.8b $0 $0 $0 $0 $0
Pre-tax earnings — $5.2b $5.5b $3.4b $5.6b $7.7b $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $4.4b $5.2b $5.5b $3.4b $5.6b $7.7b $11.2b $9.0b $10.2b $9.2b $8.7b
Net Income (Loss) Attributable to Parent $2.5b $3.1b $3.4b $2.3b $4.3b $5.8b $8.4b $6.4b $7.7b $7.0b $6.7b
Net Income (Loss) Available to Common Stockholders, Basic $2.5b $3.1b $3.4b $2.3b $4.3b $5.8b $8.4b $6.4b $7.7b $6.9b $6.6b
Common Stock, Dividends, Per Share, Declared $1.07 $1.33 $1.58 $1.85 $2.13 $2.30 $3.00 $3.95 $4.35 $4.55 $4.75
Earnings Per Share, Basic $2.73 $3.48 $4.09 $2.84 $5.49 $7.77 $12.07 $10.20 $13.23 $12.25 $11.87
Earnings Per Share, Diluted $2.73 $3.47 $4.09 $2.84 $5.49 $7.75 $12.04 $10.17 $13.20 $12.23 $11.85
Weighted Average Number of Shares Outstanding, Basic 927.0m 880.0m 839.0m 811.0m 777.0m 748.0m 696.0m 629.0m 582.0m 567.0m 559.0m
Weighted Average Number of Shares Outstanding, Diluted 929.0m 881.0m 840.0m 812.0m 778.0m 750.0m 699.0m 631.0m 584.0m 568.0m 560.0m
Current Income Tax Expense (Benefit) $1.9b $2.1b $2.0b $1.2b $1.2b $2.0b $2.6b $2.8b $2.4b $2.2b $1.8b
Interest Income (Expense), Nonoperating, Net — — — — — — — — ($1.4b) ($1.3b) ($1.4b)
Labor and Related Expense — — — — — — — — $10.8b — —
Selling, General and Administrative Expense $14.1b $15.1b $14.4b $17.4b $15.4b $18.5b $18.3b $20.3b $15.6b $15.7b $16.8b
Income Tax Expense (Benefit) $1.9b $2.1b $2.0b $1.1b $1.3b $1.9b $2.8b $2.6b $2.4b $2.2b $2.1b
Interest Revenue (Expense), Net ($552.0m) ($645.0m) ($633.0m) ($624.0m) ($691.0m) ($848.0m) ($885.0m) ($1.1b) — — —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.