Return on Equity (ROE)
since 2005
Calculation
Lowe’s Cos. Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net earnings1 | ÷ | Shareholders’ equity (deficit)1 | |
|---|---|---|---|---|---|---|---|
| Feb 2, 2024 | — | = | 100 | × | 7,726) | ÷ | (15,050) |
| Feb 3, 2023 | — | = | 100 | × | 6,437) | ÷ | (14,254) |
| Jan 28, 2022 | — | = | 100 | × | 8,442) | ÷ | (4,816) |
| Jan 29, 2021 | 406.05% | = | 100 | × | 5,835) | ÷ | 1,437) |
| Jan 31, 2020 | 217.09% | = | 100 | × | 4,281) | ÷ | 1,972) |
| Feb 1, 2019 | 63.50% | = | 100 | × | 2,314) | ÷ | 3,644) |
| Feb 2, 2018 | 58.69% | = | 100 | × | 3,447) | ÷ | 5,873) |
| Feb 3, 2017 | 48.07% | = | 100 | × | 3,093) | ÷ | 6,434) |
| Jan 29, 2016 | 33.26% | = | 100 | × | 2,546) | ÷ | 7,654) |
| Jan 30, 2015 | 27.07% | = | 100 | × | 2,698) | ÷ | 9,968) |
| Jan 31, 2014 | 19.29% | = | 100 | × | 2,286) | ÷ | 11,853) |
| Feb 1, 2013 | 14.14% | = | 100 | × | 1,959) | ÷ | 13,857) |
| Feb 3, 2012 | 11.12% | = | 100 | × | 1,839) | ÷ | 16,533) |
| Jan 28, 2011 | 11.10% | = | 100 | × | 2,010) | ÷ | 18,112) |
| Jan 29, 2010 | 9.35% | = | 100 | × | 1,783) | ÷ | 19,069) |
| Jan 30, 2009 | 12.16% | = | 100 | × | 2,195) | ÷ | 18,055) |
| Feb 1, 2008 | 17.45% | = | 100 | × | 2,809) | ÷ | 16,098) |
| Feb 2, 2007 | 19.75% | = | 100 | × | 3,105) | ÷ | 15,725) |
| Feb 3, 2006 | 19.32% | = | 100 | × | 2,771) | ÷ | 14,339) |
| Jan 28, 2005 | 18.86% | = | 100 | × | 2,176) | ÷ | 11,535) |
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., ROE, long-term trends, comparison to competitors
| Lowe’s Cos. Inc. | Amazon.com Inc. | Home Depot Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|
| Feb 2, 2024 | — | — | 1,450.48% | 61.27% |
| Feb 3, 2023 | — | 15.07% | 1,095.07% | 54.97% |
| Jan 28, 2022 | — | -1.86% | — | 54.69% |
| Jan 29, 2021 | 406.05% | 24.13% | 390.00% | 1.55% |
| Jan 31, 2020 | 217.09% | 22.84% | — | 55.01% |
| Feb 1, 2019 | 63.50% | 18.67% | — | 60.61% |
| Feb 2, 2018 | 58.69% | 23.13% | 593.54% | 50.66% |
| Feb 3, 2017 | 48.07% | 10.95% | 183.64% | 50.95% |
| Jan 29, 2016 | 33.26% | 12.29% | 110.97% | 52.88% |
| Jan 30, 2015 | 27.07% | 4.45% | 68.06% | 51.95% |
| Jan 31, 2014 | 19.29% | -2.24% | 43.00% | 50.53% |
| Feb 1, 2013 | 14.14% | 2.81% | 25.51% | 52.01% |
| Feb 3, 2012 | 11.12% | -0.48% | 21.70% | 46.62% |
| Jan 28, 2011 | 11.10% | 8.13% | 17.67% | 43.33% |
| Jan 29, 2010 | 9.35% | 16.78% | 13.72% | 42.00% |
| Jan 30, 2009 | 12.16% | 17.16% | 12.71% | 41.26% |
| Feb 1, 2008 | 17.45% | 24.14% | 24.81% | 36.21% |
| Feb 2, 2007 | 19.75% | 39.77% | 23.02% | 32.23% |
| Feb 3, 2006 | 19.32% | 44.08% | 21.70% | 36.48% |
| Jan 28, 2005 | 18.86% | 145.93% | 20.70% | 40.17% |
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., ROE, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Lowe’s Cos. Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Feb 2, 2024 | — | — |
| Feb 3, 2023 | — | 29.39% |
| Jan 28, 2022 | — | 17.48% |
| Jan 29, 2021 | 406.05% | 35.05% |
| Jan 31, 2020 | 217.09% | 40.86% |
| Feb 1, 2019 | 63.50% | 40.77% |
| Feb 2, 2018 | 58.69% | 44.19% |
| Feb 3, 2017 | 48.07% | 38.11% |
| Jan 29, 2016 | 33.26% | 37.81% |
| Jan 30, 2015 | 27.07% | 32.09% |
| Jan 31, 2014 | 19.29% | 24.32% |
| Feb 1, 2013 | 14.14% | 19.26% |
| Feb 3, 2012 | 11.12% | 15.66% |
| Jan 28, 2011 | 11.10% | 15.30% |
| Jan 29, 2010 | 9.35% | 14.12% |
| Jan 30, 2009 | 12.16% | 14.43% |
| Feb 1, 2008 | 17.45% | 22.32% |
| Feb 2, 2007 | 19.75% | 22.78% |
| Feb 3, 2006 | 19.32% | 21.78% |
| Jan 28, 2005 | 18.86% | 21.81% |
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 Industry (Consumer Discretionary)
Lowe’s Cos. Inc., ROE, long-term trends, comparison to industry (consumer discretionary)
| Lowe’s Cos. Inc. | Consumer Discretionary | |
|---|---|---|
| Feb 2, 2024 | — | — |
| Feb 3, 2023 | — | 30.61% |
| Jan 28, 2022 | — | 21.65% |
| Jan 29, 2021 | 406.05% | 34.37% |
| Jan 31, 2020 | 217.09% | 25.29% |
| Feb 1, 2019 | 63.50% | 34.62% |
| Feb 2, 2018 | 58.69% | 34.33% |
| Feb 3, 2017 | 48.07% | 22.85% |
| Jan 29, 2016 | 33.26% | 28.74% |
| Jan 30, 2015 | 27.07% | 29.03% |
| Jan 31, 2014 | 19.29% | 20.60% |
| Feb 1, 2013 | 14.14% | 20.34% |
| Feb 3, 2012 | 11.12% | 21.97% |
| Jan 28, 2011 | 11.10% | 34.92% |
| Jan 29, 2010 | 9.35% | 24.34% |
| Jan 30, 2009 | 12.16% | 25.32% |
| Feb 1, 2008 | 17.45% | 1.64% |
| Feb 2, 2007 | 19.75% | 16.06% |
| Feb 3, 2006 | 19.32% | 3.84% |
| Jan 28, 2005 | 18.86% | 19.92% |
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).