Price to Operating Profit (P/OP)
since 2005
Calculation
Lowe’s Cos. Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 25, 2024 | 12.58 | = | 254.00 | ÷ | 20.20 | 20.20 | = | 11,557 | ÷ | 572,184,243 | |
| Mar 27, 2023 | 11.18 | = | 190.53 | ÷ | 17.04 | 17.04 | = | 10,159 | ÷ | 596,356,261 | |
| Mar 21, 2022 | 12.45 | = | 227.60 | ÷ | 18.28 | 18.28 | = | 12,093 | ÷ | 661,561,297 | |
| Mar 22, 2021 | 13.52 | = | 181.89 | ÷ | 13.45 | 13.45 | = | 9,647 | ÷ | 717,256,852 | |
| Mar 23, 2020 | 8.11 | = | 67.80 | ÷ | 8.36 | 8.36 | = | 6,314 | ÷ | 754,948,648 | |
| Apr 2, 2019 | 21.77 | = | 109.91 | ÷ | 5.05 | 5.05 | = | 4,018 | ÷ | 795,922,717 | |
| Apr 2, 2018 | 10.61 | = | 84.59 | ÷ | 7.98 | 7.98 | = | 6,586 | ÷ | 825,766,281 | |
| Apr 4, 2017 | 11.97 | = | 81.59 | ÷ | 6.82 | 6.82 | = | 5,846 | ÷ | 857,332,918 | |
| Mar 29, 2016 | 13.66 | = | 75.67 | ÷ | 5.54 | 5.54 | = | 4,971 | ÷ | 897,438,629 | |
| Mar 31, 2015 | 14.77 | = | 74.39 | ÷ | 5.04 | 5.04 | = | 4,792 | ÷ | 951,704,640 | |
| Mar 31, 2014 | — | = | 48.90 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,018,776,409 | |
| Apr 2, 2013 | — | = | 38.02 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,088,511,808 | |
| Apr 2, 2012 | — | = | 31.38 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,198,910,882 | |
| Mar 29, 2011 | — | = | 26.93 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,318,320,422 | |
| Mar 30, 2010 | — | = | 24.34 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,443,389,268 | |
| Mar 31, 2009 | — | = | 18.25 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,474,239,704 | |
| Apr 1, 2008 | — | = | 24.49 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,461,815,744 | |
| Apr 3, 2007 | — | = | 31.70 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,510,309,351 | |
| Apr 7, 2006 | — | = | 32.70 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,551,613,794 | |
| Apr 13, 2005 | — | = | 26.91 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 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/OP, long-term trends, comparison to competitors
| Lowe’s Cos. Inc. | Amazon.com Inc. | Home Depot Inc. | |
|---|---|---|---|
| Mar 25, 2024 | 12.58 | — | 17.32 |
| Mar 27, 2023 | 11.18 | 48.43 | 12.16 |
| Mar 21, 2022 | 12.45 | 86.50 | 14.22 |
| Mar 22, 2021 | 13.52 | 64.48 | 17.25 |
| Mar 23, 2020 | 8.11 | 72.85 | 12.33 |
| Apr 2, 2019 | 21.77 | 68.77 | 13.51 |
| Apr 2, 2018 | 10.61 | 64.31 | 13.82 |
| Apr 4, 2017 | 11.97 | 168.60 | 13.26 |
| Mar 29, 2016 | 13.66 | 94.32 | 13.88 |
| Mar 31, 2015 | 14.77 | 123.77 | 14.03 |
| Mar 31, 2014 | — | 925.12 | 11.86 |
| Apr 2, 2013 | — | 221.06 | 13.35 |
| Apr 2, 2012 | — | 183.43 | 11.36 |
| Mar 29, 2011 | — | 94.71 | 10.38 |
| Mar 30, 2010 | — | 54.92 | 11.50 |
| Mar 31, 2009 | — | 49.38 | 9.64 |
| Apr 1, 2008 | — | 29.93 | 6.82 |
| Apr 3, 2007 | — | 47.85 | 7.50 |
| Apr 7, 2006 | — | 43.07 | 9.71 |
| Apr 13, 2005 | — | 37.83 | 10.28 |
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).