FINHUB Insights

LOW · Q4 FY24 · Nov 2, 2024 – Jan 31, 2025

Lowe's Q4 FY24: where the revenue came from and where it went

Lowe's Q4 FY24: revenue $18.6B (+0% year over year). Net profit $1.1B. Largest cohort Home decor $7.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Nov 2, 2024 – Jan 31, 2025
Reported
Mar 24, 2025 10-K
Sankey diagram of Lowe's's income statement for Q4 FY24: revenue of $18.55 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$18.55B +0% year over year
Gross profit$6.10B 33% margin
Operating profit$1.83B 10% margin
Net profit$1.12B 6% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY24 (period ends Jan 31, 2025).
ItemValueShare of revenueYear over year
Revenue 18.55 100% +0%
Home decor 7.48 40% +0%
Building products 5.91 32% +1%
Hardlines 4.58 25% −3%
Other sales 0.58 3% +3%
Cost of revenue−12.4667%
Gross profit6.1033% margin+0pp
SG&A−3.8221%+0pp
Other−0.452%+0pp
Operating profit1.8310% margin+1pp
Tax−0.38
Interest & other costs−0.33
Net profit1.126%+1pp

Source of the numbers: structured XBRL data from the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.