Return on Assets (ROA)
since 2005
Calculation
Lowe’s Cos. Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net earnings1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Feb 2, 2024 | 18.49% | = | 100 | × | 7,726) | ÷ | 41,795) |
| Feb 3, 2023 | 14.73% | = | 100 | × | 6,437) | ÷ | 43,708) |
| Jan 28, 2022 | 18.91% | = | 100 | × | 8,442) | ÷ | 44,640) |
| Jan 29, 2021 | 12.49% | = | 100 | × | 5,835) | ÷ | 46,735) |
| Jan 31, 2020 | 10.85% | = | 100 | × | 4,281) | ÷ | 39,471) |
| Feb 1, 2019 | 6.71% | = | 100 | × | 2,314) | ÷ | 34,508) |
| Feb 2, 2018 | 9.77% | = | 100 | × | 3,447) | ÷ | 35,291) |
| Feb 3, 2017 | 8.99% | = | 100 | × | 3,093) | ÷ | 34,408) |
| Jan 29, 2016 | 8.14% | = | 100 | × | 2,546) | ÷ | 31,266) |
| Jan 30, 2015 | 8.48% | = | 100 | × | 2,698) | ÷ | 31,827) |
| Jan 31, 2014 | 6.98% | = | 100 | × | 2,286) | ÷ | 32,732) |
| Feb 1, 2013 | 6.00% | = | 100 | × | 1,959) | ÷ | 32,666) |
| Feb 3, 2012 | 5.48% | = | 100 | × | 1,839) | ÷ | 33,559) |
| Jan 28, 2011 | 5.96% | = | 100 | × | 2,010) | ÷ | 33,699) |
| Jan 29, 2010 | 5.40% | = | 100 | × | 1,783) | ÷ | 33,005) |
| Jan 30, 2009 | 6.72% | = | 100 | × | 2,195) | ÷ | 32,686) |
| Feb 1, 2008 | 9.10% | = | 100 | × | 2,809) | ÷ | 30,869) |
| Feb 2, 2007 | 11.18% | = | 100 | × | 3,105) | ÷ | 27,767) |
| Feb 3, 2006 | 11.23% | = | 100 | × | 2,771) | ÷ | 24,682) |
| Jan 28, 2005 | 10.26% | = | 100 | × | 2,176) | ÷ | 21,209) |
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., ROA, long-term trends, comparison to competitors
| Lowe’s Cos. Inc. | Amazon.com Inc. | Home Depot Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|
| Feb 2, 2024 | 18.49% | — | 19.79% | 15.04% |
| Feb 3, 2023 | 14.73% | 5.76% | 22.38% | 12.34% |
| Jan 28, 2022 | 18.91% | -0.59% | 22.86% | 11.53% |
| Jan 29, 2021 | 12.49% | 7.93% | 18.23% | 0.29% |
| Jan 31, 2020 | 10.85% | 6.64% | 21.94% | 13.55% |
| Feb 1, 2019 | 6.71% | 5.14% | 25.27% | 21.36% |
| Feb 2, 2018 | 9.77% | 6.19% | 19.38% | 18.55% |
| Feb 3, 2017 | 8.99% | 2.31% | 18.52% | 17.84% |
| Jan 29, 2016 | 8.14% | 2.84% | 16.47% | 19.81% |
| Jan 30, 2015 | 8.48% | 0.91% | 15.88% | 19.91% |
| Jan 31, 2014 | 6.98% | -0.44% | 13.29% | 20.95% |
| Feb 1, 2013 | 6.00% | 0.68% | 11.04% | 20.05% |
| Feb 3, 2012 | 5.48% | -0.12% | 9.58% | 18.07% |
| Jan 28, 2011 | 5.96% | 2.50% | 8.32% | 16.85% |
| Jan 29, 2010 | 5.40% | 6.13% | 6.51% | 16.26% |
| Jan 30, 2009 | 6.72% | 6.53% | 5.49% | 14.25% |
| Feb 1, 2008 | 9.10% | 7.76% | 9.92% | 11.69% |
| Feb 2, 2007 | 11.18% | 7.34% | 11.02% | 12.13% |
| Feb 3, 2006 | 11.23% | 4.35% | 13.12% | 12.56% |
| Jan 28, 2005 | 10.26% | 9.71% | 12.85% | 13.09% |
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., ROA, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Lowe’s Cos. Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Feb 2, 2024 | 18.49% | — |
| Feb 3, 2023 | 14.73% | 8.50% |
| Jan 28, 2022 | 18.91% | 4.19% |
| Jan 29, 2021 | 12.49% | 9.17% |
| Jan 31, 2020 | 10.85% | 9.20% |
| Feb 1, 2019 | 6.71% | 8.83% |
| Feb 2, 2018 | 9.77% | 9.65% |
| Feb 3, 2017 | 8.99% | 7.39% |
| Jan 29, 2016 | 8.14% | 8.42% |
| Jan 30, 2015 | 8.48% | 7.99% |
| Jan 31, 2014 | 6.98% | 6.94% |
| Feb 1, 2013 | 6.00% | 7.03% |
| Feb 3, 2012 | 5.48% | 6.25% |
| Jan 28, 2011 | 5.96% | 6.84% |
| Jan 29, 2010 | 5.40% | 6.80% |
| Jan 30, 2009 | 6.72% | 6.65% |
| Feb 1, 2008 | 9.10% | 9.57% |
| Feb 2, 2007 | 11.18% | 10.89% |
| Feb 3, 2006 | 11.23% | 12.01% |
| Jan 28, 2005 | 10.26% | 11.90% |
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., ROA, long-term trends, comparison to industry (consumer discretionary)
| Lowe’s Cos. Inc. | Consumer Discretionary | |
|---|---|---|
| Feb 2, 2024 | 18.49% | — |
| Feb 3, 2023 | 14.73% | 7.66% |
| Jan 28, 2022 | 18.91% | 4.94% |
| Jan 29, 2021 | 12.49% | 8.07% |
| Jan 31, 2020 | 10.85% | 4.42% |
| Feb 1, 2019 | 6.71% | 5.57% |
| Feb 2, 2018 | 9.77% | 5.96% |
| Feb 3, 2017 | 8.99% | 4.05% |
| Jan 29, 2016 | 8.14% | 5.57% |
| Jan 30, 2015 | 8.48% | 6.25% |
| Jan 31, 2014 | 6.98% | 4.75% |
| Feb 1, 2013 | 6.00% | 5.52% |
| Feb 3, 2012 | 5.48% | 5.65% |
| Jan 28, 2011 | 5.96% | 9.48% |
| Jan 29, 2010 | 5.40% | 6.05% |
| Jan 30, 2009 | 6.72% | 4.67% |
| Feb 1, 2008 | 9.10% | 0.21% |
| Feb 2, 2007 | 11.18% | 2.85% |
| Feb 3, 2006 | 11.23% | 0.60% |
| Jan 28, 2005 | 10.26% | 3.80% |
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).