LOW Q3 2023 Earnings — Lowe's Companies, Inc. Revenue & Financial Results | Market Cap Arena

LOWLowe's Companies, Inc.

$142B

Q3 2023 Earnings

Consumer Cyclical Home Improvement

Income Statement

Revenue

$20.5B-12.8% YoY

Gross Profit

$6.5B31.5% margin

Operating Income

$2.7B13.2% margin

Net Income

$1.8B8.7% margin

EPS (Diluted)

$3.07

QoQ Revenue Growth

-18.0%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$485M

Stock-Based Comp.

$47M

Balance Sheet

Total Assets

$42.5B

Total Liabilities

$57.7B

Stockholders' Equity

-$15.1B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20.5B	$23.5B	-12.8%
Gross Profit	$6.5B	$7.4B	-12.4%
Operating Income	$2.7B	$924M	+191.8%
Net Income	$1.8B	$154M	+1051.3%

Revenue Segments

Home Decor

$7.8B38%

Building Products

$6.8B33%

Hardlines

$5.2B26%

Other Sales

$630M3%

Geographic Segments

UNITED STATES

$20.5B100%