LOW Q1 2024 Earnings — Lowe's Companies, Inc. Revenue & Financial Results | Market Cap Arena

LOWLowe's Companies, Inc.

$142B

Q1 2024 Earnings

Consumer Cyclical Home Improvement

Income Statement

Revenue

$21.4B-4.4% YoY

Gross Profit

$6.7B31.2% margin

Operating Income

$2.7B12.4% margin

Net Income

$1.8B8.2% margin

EPS (Diluted)

$3.06

QoQ Revenue Growth

+14.8%

Cash Flow

Operating Cash Flow

$4.3B

Free Cash Flow

$3.9B

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$45.4B

Total Liabilities

$60.0B

Stockholders' Equity

-$14.6B

Cash & Equivalents

$3.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21.4B	$22.3B	-4.4%
Gross Profit	$6.7B	$7.1B	-6.3%
Operating Income	$2.7B	$3.2B	-16.7%
Net Income	$1.8B	$2.3B	-22.3%

Revenue Segments

Home Decor

$7.7B36%

Building Products

$6.6B31%

Hardlines

$6.6B31%

Other Sales

$410M2%