Price to Earnings (P/E)
since 2005
Calculation
Lowe’s Cos. Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 25, 2024 | 18.81 | = | 254.00 | ÷ | 13.50 | 13.50 | = | 7,726 | ÷ | 572,184,243 | |
| Mar 27, 2023 | 17.65 | = | 190.53 | ÷ | 10.79 | 10.79 | = | 6,437 | ÷ | 596,356,261 | |
| Mar 21, 2022 | 17.84 | = | 227.60 | ÷ | 12.76 | 12.76 | = | 8,442 | ÷ | 661,561,297 | |
| Mar 22, 2021 | 22.36 | = | 181.89 | ÷ | 8.14 | 8.14 | = | 5,835 | ÷ | 717,256,852 | |
| Mar 23, 2020 | 11.96 | = | 67.80 | ÷ | 5.67 | 5.67 | = | 4,281 | ÷ | 754,948,648 | |
| Apr 2, 2019 | 37.80 | = | 109.91 | ÷ | 2.91 | 2.91 | = | 2,314 | ÷ | 795,922,717 | |
| Apr 2, 2018 | 20.26 | = | 84.59 | ÷ | 4.17 | 4.17 | = | 3,447 | ÷ | 825,766,281 | |
| Apr 4, 2017 | 22.62 | = | 81.59 | ÷ | 3.61 | 3.61 | = | 3,093 | ÷ | 857,332,918 | |
| Mar 29, 2016 | 26.67 | = | 75.67 | ÷ | 2.84 | 2.84 | = | 2,546 | ÷ | 897,438,629 | |
| Mar 31, 2015 | 26.24 | = | 74.39 | ÷ | 2.83 | 2.83 | = | 2,698 | ÷ | 951,704,640 | |
| Mar 31, 2014 | 21.79 | = | 48.90 | ÷ | 2.24 | 2.24 | = | 2,286 | ÷ | 1,018,776,409 | |
| Apr 2, 2013 | 21.13 | = | 38.02 | ÷ | 1.80 | 1.80 | = | 1,959 | ÷ | 1,088,511,808 | |
| Apr 2, 2012 | 20.46 | = | 31.38 | ÷ | 1.53 | 1.53 | = | 1,839 | ÷ | 1,198,910,882 | |
| Mar 29, 2011 | 17.66 | = | 26.93 | ÷ | 1.52 | 1.52 | = | 2,010 | ÷ | 1,318,320,422 | |
| Mar 30, 2010 | 19.70 | = | 24.34 | ÷ | 1.24 | 1.24 | = | 1,783 | ÷ | 1,443,389,268 | |
| Mar 31, 2009 | 12.26 | = | 18.25 | ÷ | 1.49 | 1.49 | = | 2,195 | ÷ | 1,474,239,704 | |
| Apr 1, 2008 | 12.74 | = | 24.49 | ÷ | 1.92 | 1.92 | = | 2,809 | ÷ | 1,461,815,744 | |
| Apr 3, 2007 | 15.42 | = | 31.70 | ÷ | 2.06 | 2.06 | = | 3,105 | ÷ | 1,510,309,351 | |
| Apr 7, 2006 | 18.31 | = | 32.70 | ÷ | 1.79 | 1.79 | = | 2,771 | ÷ | 1,551,613,794 | |
| Apr 13, 2005 | 19.15 | = | 26.91 | ÷ | 1.40 | 1.40 | = | 2,176 | ÷ | 1,548,843,626 |
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$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Lowe’s Cos. Inc. Annual Report.
Comparison to Competitors
Lowe’s Cos. Inc., P/E, long-term trends, comparison to competitors
| Lowe’s Cos. Inc. | Amazon.com Inc. | Home Depot Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|
| Mar 25, 2024 | 18.81 | — | 24.80 | 24.63 |
| Mar 27, 2023 | 17.65 | 58.66 | 17.09 | 25.22 |
| Mar 21, 2022 | 17.84 | — | 19.94 | 22.20 |
| Mar 22, 2021 | 22.36 | 48.08 | 24.51 | 881.78 |
| Mar 23, 2020 | 11.96 | 78.20 | 17.38 | 17.13 |
| Apr 2, 2019 | 37.80 | 86.30 | 18.87 | 21.11 |
| Apr 2, 2018 | 20.26 | 79.30 | 23.51 | 20.19 |
| Apr 4, 2017 | 22.62 | 228.25 | 22.37 | 22.11 |
| Mar 29, 2016 | 26.67 | 166.52 | 23.32 | 22.87 |
| Mar 31, 2015 | 26.24 | 463.73 | 23.15 | 21.62 |
| Mar 31, 2014 | 21.79 | — | 20.18 | 20.15 |
| Apr 2, 2013 | 21.13 | 601.07 | 22.86 | 17.99 |
| Apr 2, 2012 | 20.46 | — | 19.49 | 19.73 |
| Mar 29, 2011 | 17.66 | 129.38 | 18.15 | 14.54 |
| Mar 30, 2010 | 19.70 | 67.02 | 20.76 | 14.57 |
| Mar 31, 2009 | 12.26 | 61.80 | 18.59 | 12.02 |
| Apr 1, 2008 | 12.74 | 39.07 | 11.24 | 18.61 |
| Apr 3, 2007 | 15.42 | 65.85 | 12.59 | 16.30 |
| Apr 7, 2006 | 18.31 | 88.17 | 15.57 | 16.91 |
| Apr 13, 2005 | 19.15 | 45.52 | 16.29 | 17.81 |
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).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
Lowe’s Cos. Inc., P/E, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Lowe’s Cos. Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Mar 25, 2024 | 18.81 | — |
| Mar 27, 2023 | 17.65 | 39.66 |
| Mar 21, 2022 | 17.84 | 63.32 |
| Mar 22, 2021 | 22.36 | 40.84 |
| Mar 23, 2020 | 11.96 | 49.11 |
| Apr 2, 2019 | 37.80 | 48.49 |
| Apr 2, 2018 | 20.26 | 45.41 |
| Apr 4, 2017 | 22.62 | 60.50 |
| Mar 29, 2016 | 26.67 | 47.75 |
| Mar 31, 2015 | 26.24 | 45.72 |
| Mar 31, 2014 | 21.79 | 38.28 |
| Apr 2, 2013 | 21.13 | 39.66 |
| Apr 2, 2012 | 20.46 | 37.17 |
| Mar 29, 2011 | 17.66 | 26.94 |
| Mar 30, 2010 | 19.70 | 27.21 |
| Mar 31, 2009 | 12.26 | 21.68 |
| Apr 1, 2008 | 12.74 | 14.47 |
| Apr 3, 2007 | 15.42 | 16.25 |
| Apr 7, 2006 | 18.31 | 17.92 |
| Apr 13, 2005 | 19.15 | 18.45 |
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).
Comparison to Industry (Consumer Discretionary)
Lowe’s Cos. Inc., P/E, long-term trends, comparison to industry (consumer discretionary)
| Lowe’s Cos. Inc. | Consumer Discretionary | |
|---|---|---|
| Mar 25, 2024 | 18.81 | — |
| Mar 27, 2023 | 17.65 | 33.07 |
| Mar 21, 2022 | 17.84 | 44.76 |
| Mar 22, 2021 | 22.36 | 38.75 |
| Mar 23, 2020 | 11.96 | 72.10 |
| Apr 2, 2019 | 37.80 | 39.37 |
| Apr 2, 2018 | 20.26 | 33.13 |
| Apr 4, 2017 | 22.62 | 47.03 |
| Mar 29, 2016 | 26.67 | 29.19 |
| Mar 31, 2015 | 26.24 | 24.70 |
| Mar 31, 2014 | 21.79 | 29.48 |
| Apr 2, 2013 | 21.13 | 26.50 |
| Apr 2, 2012 | 20.46 | 20.90 |
| Mar 29, 2011 | 17.66 | 11.38 |
| Mar 30, 2010 | 19.70 | 17.54 |
| Mar 31, 2009 | 12.26 | 18.66 |
| Apr 1, 2008 | 12.74 | 303.41 |
| Apr 3, 2007 | 15.42 | 24.33 |
| Apr 7, 2006 | 18.31 | 117.34 |
| Apr 13, 2005 | 19.15 | 17.54 |
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).