Value2020202120222023TTMSelling/general/admin expenses18.3 B20.33 B15.57 B15.68 B16.2 BResearch & development—————Operating income12.09 B10.16 B11.56 B10.47 B10.27 BNon-Operating Income, Total12 M37 M101 M159 M144 MInterest expense, net of interest capitalized-3 M-4 M-4 M-6 M-9 MNon-Operating Income, excl. Interest Expenses15 M41 M105 M165 M153 MUnusual income/expense—————Pretax income11.21 B9.04 B10.18 B9.15 B8.95 BEquity in earnings—————Taxes2.77 B2.6 B2.45 B2.2 B2.17 BNon-controlling/minority interest—————After tax other income/expense—————Net income before discontinued operations8.44 B6.44 B7.73 B6.96 B6.78 BDiscontinued operations—————Net income8.44 B6.44 B7.73 B6.96 B6.78 BDilution adjustment—————Preferred dividends—————Diluted net income available to common stockholders8.41 B6.42 B7.71 B6.94 B6.76 BBasic earnings per share (Basic EPS)12.0710.213.2312.2512.11Diluted earnings per share (Diluted EPS)12.0410.1713.212.2312.08Average basic shares outstanding696 M629 M582 M567 M2.24 BDiluted shares outstanding699 M631 M584 M568 M2.25 BEBITDA31.17 B27.64 B28.09 B25.09 B16.24 BEBIT29.29 B25.66 B26.16 B23.12 B14.18 BCost of revenue64.19 B64.8 B57.53 B55.8 B55.96 BOther cost of goods sold—————Depreciation & amortization (cash flow)1.88 B1.98 B1.92 B1.97 B2.07 B
Lowe's Companies Inc
Lowe's Companies, Inc. is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States. As of October 28, 2022, Lowe's and its related businesses operated 2,181 home improvement and hardware stores in North America.
Lowe's is the second-largest hardware chain in the United States behind rival the Home Depot and ahead of Menards. It is also the second-largest hardware chain in the world, also behind the Home Depot, but ahead of European retailers Leroy Merlin, B&Q, and OBI.
The company previously operated in Australia through the Masters Home Improvement joint venture until 2016, in Mexico until 2019, and in Canada until selling its operations to Sycamore Partners in 2023.