LOW Q2 2023 Earnings — Lowe's Companies, Inc. Revenue & Financial Results | Market Cap Arena

LOWLowe's Companies, Inc.

$142B

Q2 2023 Earnings

Consumer Cyclical Home Improvement

Income Statement

Revenue

$25.0B-9.2% YoY

Gross Profit

$8.0B31.9% margin

Operating Income

$3.9B15.6% margin

Net Income

$2.7B10.7% margin

EPS (Diluted)

$4.56

QoQ Revenue Growth

+11.7%

Cash Flow

Operating Cash Flow

$3.9B

Free Cash Flow

$3.5B

Stock-Based Comp.

$54M

Balance Sheet

Total Assets

$44.5B

Total Liabilities

$59.3B

Stockholders' Equity

-$14.7B

Cash & Equivalents

$3.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25.0B	$27.5B	-9.2%
Gross Profit	$8.0B	$8.7B	-8.2%
Operating Income	$3.9B	$4.2B	-8.1%
Net Income	$2.7B	$3.0B	-10.7%

Revenue Segments

Home Decor

$8.7B35%

Hardlines

$8.3B33%

Building Products

$7.2B29%

Other Sales

$638M3%

Geographic Segments

UNITED STATES

$25.0B100%