LOWES COMPANIES INC Quarterly Operating Margin in % from Q4 2018 to Q2 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Lowes Companies Inc quarterly/annual Operating Margin history and growth rate from Q4 2018 to Q2 2024.
  • Lowes Companies Inc Operating Margin for the quarter ending August 2, 2024 was 12.5 %, a 18.6% increase year-over-year.
  • Lowes Companies Inc annual Operating Margin for 2023 was 13.4 %, a 27.8% increase from 2022.
  • Lowes Companies Inc annual Operating Margin for 2022 was 10.5 %, a 16.7% decline from 2021.
  • Lowes Companies Inc annual Operating Margin for 2021 was 12.6 %, a 16.7% increase from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 12.5 +1.96 +18.6% May 4, 2024 Aug 2, 2024
Q1 2024 12.8 +2.19 +20.7% Feb 3, 2024 May 3, 2024
Q4 2023 13.4 +2.91 +27.8% Nov 4, 2023 Feb 2, 2024
Q3 2023 12.8 +2.09 +19.5% Aug 5, 2023 Nov 3, 2023
Q2 2023 10.5 -2.24 -17.6% May 6, 2023 Aug 4, 2023
Q1 2023 10.6 -2.13 -16.7% Feb 4, 2023 May 5, 2023
Q4 2022 10.5 -2.1 -16.7% Oct 29, 2022 Feb 3, 2023
Q3 2022 10.7 -1.62 -13.1% Jul 30, 2022 Oct 28, 2022
Q2 2022 12.8 +0.97 +8.23% Apr 30, 2022 Jul 29, 2022
Q1 2022 12.7 +1.17 +10.1% Jan 29, 2022 Apr 29, 2022
Q4 2021 12.6 +1.8 +16.7% Oct 30, 2021 Jan 28, 2022
Q3 2021 12.4 +1.71 +16.1% Jul 31, 2021 Oct 29, 2021
Q2 2021 11.8 +1.26 +12% May 1, 2021 Jul 30, 2021
Q1 2021 11.6 +2.26 +24.3% Jan 30, 2021 Apr 30, 2021
Q4 2020 10.8 +2.02 +23.1% Oct 31, 2020 Jan 29, 2021
Q3 2020 10.6 +3.97 +59.5% Aug 1, 2020 Oct 30, 2020
Q2 2020 10.5 +4.7 +80.6% May 2, 2020 Jul 31, 2020
Q1 2020 9.3 +3.76 +67.9% Feb 1, 2020 May 1, 2020
Q4 2019 8.75 +3.12 +55.4% Nov 2, 2019 Jan 31, 2020
Q3 2019 6.67 Aug 3, 2019 Nov 1, 2019
Q2 2019 5.83 May 4, 2019 Aug 2, 2019
Q1 2019 5.54 Feb 2, 2019 May 3, 2019
Q4 2018 5.63 Nov 3, 2018 Feb 1, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.