LOWES COMPANIES INC Annual Operating Margin in % from 2016 to 2023

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 2016 to 2023.
  • 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, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 13.4 +2.91 +27.8% Feb 4, 2023 Feb 2, 2024
2022 10.5 -2.1 -16.7% Jan 29, 2022 Feb 3, 2023
2021 12.6 +1.8 +16.7% Jan 30, 2021 Jan 28, 2022
2020 10.8 +2.02 +23.1% Feb 1, 2020 Jan 29, 2021
2019 8.75 +3.12 +55.4% Feb 2, 2019 Jan 31, 2020
2018 5.63 -3.96 -41.3% Feb 3, 2018 Feb 1, 2019
2017 9.6 +0.61 +6.78% Feb 4, 2017 Feb 2, 2018
2016 8.99 Jan 30, 2016 Feb 3, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.