Operating Profit Margin
since 2005
Calculation
Lowe’s Cos. Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Feb 2, 2024 | 13.38% | = | 100 | × | 11,557) | ÷ | 86,377) |
| Feb 3, 2023 | 10.47% | = | 100 | × | 10,159) | ÷ | 97,059) |
| Jan 28, 2022 | 12.56% | = | 100 | × | 12,093) | ÷ | 96,250) |
| Jan 29, 2021 | 10.77% | = | 100 | × | 9,647) | ÷ | 89,597) |
| Jan 31, 2020 | 8.75% | = | 100 | × | 6,314) | ÷ | 72,148) |
| Feb 1, 2019 | 5.63% | = | 100 | × | 4,018) | ÷ | 71,309) |
| Feb 2, 2018 | 9.60% | = | 100 | × | 6,586) | ÷ | 68,619) |
| Feb 3, 2017 | 8.99% | = | 100 | × | 5,846) | ÷ | 65,017) |
| Jan 29, 2016 | 8.41% | = | 100 | × | 4,971) | ÷ | 59,074) |
| Jan 30, 2015 | 8.52% | = | 100 | × | 4,792) | ÷ | 56,223) |
| Jan 31, 2014 | 0.00% | = | 100 | × | —) | ÷ | 53,417) |
| Feb 1, 2013 | 0.00% | = | 100 | × | —) | ÷ | 50,521) |
| Feb 3, 2012 | 0.00% | = | 100 | × | —) | ÷ | 50,208) |
| Jan 28, 2011 | 0.00% | = | 100 | × | —) | ÷ | 48,815) |
| Jan 29, 2010 | 0.00% | = | 100 | × | —) | ÷ | 47,220) |
| Jan 30, 2009 | 0.00% | = | 100 | × | —) | ÷ | 48,230) |
| Feb 1, 2008 | 0.00% | = | 100 | × | —) | ÷ | 48,283) |
| Feb 2, 2007 | 0.00% | = | 100 | × | —) | ÷ | 46,927) |
| Feb 3, 2006 | 0.00% | = | 100 | × | —) | ÷ | 43,243) |
| Jan 28, 2005 | 0.00% | = | 100 | × | —) | ÷ | 36,464) |
Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).
1 US$ in millions
Comparison to Competitors
Lowe’s Cos. Inc., operating profit margin, long-term trends, comparison to competitors
| Lowe’s Cos. Inc. | Amazon.com Inc. | Home Depot Inc. | |
|---|---|---|---|
| Feb 2, 2024 | 13.38% | — | 14.21% |
| Feb 3, 2023 | 10.47% | 6.41% | 15.27% |
| Jan 28, 2022 | 12.56% | 2.38% | 15.24% |
| Jan 29, 2021 | 10.77% | 5.30% | 13.84% |
| Jan 31, 2020 | 8.75% | 5.93% | 14.37% |
| Feb 1, 2019 | 5.63% | 5.18% | 14.35% |
| Feb 2, 2018 | 9.60% | 5.33% | 14.55% |
| Feb 3, 2017 | 8.99% | 2.31% | 14.19% |
| Jan 29, 2016 | 8.41% | 3.08% | 13.30% |
| Jan 30, 2015 | 8.52% | 2.09% | 12.59% |
| Jan 31, 2014 | 0.00% | 0.20% | 11.63% |
| Feb 1, 2013 | 0.00% | 1.00% | 10.39% |
| Feb 3, 2012 | 0.00% | 1.11% | 9.46% |
| Jan 28, 2011 | 0.00% | 1.79% | 8.59% |
| Jan 29, 2010 | 0.00% | 4.11% | 7.26% |
| Jan 30, 2009 | 0.00% | 4.61% | 6.11% |
| Feb 1, 2008 | 0.00% | 4.39% | 9.36% |
| Feb 2, 2007 | 0.00% | 4.42% | 10.65% |
| Feb 3, 2006 | 0.00% | 3.63% | 11.49% |
| Jan 28, 2005 | 0.00% | 5.09% | 10.84% |
Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).