LOW Q2 2024 Earnings — Lowe's Companies, Inc. Revenue & Financial Results | Market Cap Arena

LOWLowe's Companies, Inc.

$142B

Q2 2024 Earnings

Consumer Cyclical Home Improvement

Income Statement

Revenue

$23.6B-5.5% YoY

Gross Profit

$7.5B31.7% margin

Operating Income

$3.4B14.4% margin

Net Income

$2.4B10.1% margin

EPS (Diluted)

$4.17

QoQ Revenue Growth

+10.4%

Cash Flow

Operating Cash Flow

$3.2B

Free Cash Flow

$2.7B

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$44.9B

Total Liabilities

$58.7B

Stockholders' Equity

-$13.8B

Cash & Equivalents

$4.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23.6B	$25.0B	-5.5%
Gross Profit	$7.5B	$8.0B	-6.3%
Operating Income	$3.4B	$3.9B	-12.4%
Net Income	$2.4B	$2.7B	-10.8%

Revenue Segments

Home Decor

$8.2B35%

Hardlines

$7.7B33%

Building Products

$7.1B30%

Other Sales

$610M3%