Editing Lowe's (section)

== Finances ==
In 2020, for the May–July yearly quarter, the company reported sales of $27.3 billion; in 2019, for the same period, the firm had reported sales of $21 billion. The digital sales for the same period also were up to 135%. The sales surges were a result of consumers switching their buying habits as a result of the [[COVID-19 pandemic]].<ref>{{cite news|url=https://www.wsj.com/articles/lowes-online-quarterly-sales-more-than-doubled-11597835418?mod=business_lead_pos4|title= Lowe's Online Quarterly Sales More Than Doubled |work=[[The Wall Street Journal]]|last=Grossman|first=Matt|date=August 19, 2020|access-date=August 19, 2020}}</ref>

{| class="wikitable float-left" style="text-align: right;"
!Year
!Revenue<br />in million US$
!Net income<br />in million US$
!Total Assets<br />in million US$
!Price per Share<br />in US$
!Employees
!Stores
|-
|2005
|36,464
|2,167
|21,138
|24.62
|162,000
|1,087
|-
|2006
|43,243
|2,765
|24,639
|25.08
|185,000
|1,234
|-
|2007
|46,927
|3,105
|27,767
|24.40
|210,000
|1,385
|-
|2008
|48,283
|2,799
|30,869
|18.77
|216,000
|1,534
|-
|2009
|48,230
| 2,184
|32,625
|17.16
|229,000
|1,649
|-
|2010
|47,220
| 1,770
|33,005
|19.86
|239,000
|1,710
|-
|2011
|48,815
|1,993
|33,699
|20.67
|234,000
|1,749
|-
|2012
|50,208
|1,824
|33,559
|26.56
|248,000
|1,745
|-
|2013
|50,521
|1,945
|32,666
|39.50
|245,000
|1,754
|-
|2014
|53,417
|2,270
|32,732
|47.84
|262,000
|1,832
|-
|2015
|56,223
| 2,682
|31,721
|67.59
|266,000
|1,840
|-
|2016
|65,017
|3,093
|34,408
|71.22
|270,000
|1,857
|-
|2017
|68,619
|3,447
|35,291
|77.66
|290,000
|2,365
|-
|2018
|71,309
|2,314
|34,508
|96.71
|310,000
|2,394
|-
|2019<ref name="Financials_2020" />
|72,148
|4,281
|39,471
|116.24
|320,000
|1,977
|-
|2020<ref name="Financials_2020" />
|89,597
|5,835
|46,735
|144.08
|
|2,200
|-
|2021<ref name="AR21">{{cite web |title=Lowe's 2021 Annual Report |url=https://corporate.lowes.com/sites/lowes-corp/files/2022-04/Lowe-2021-Annual-Report.pdf |publisher=Lowe's |access-date=November 18, 2023 |date=December 31, 2021}}</ref>
|96,250
|8,442
|44,640
|207.32
|
|1,971
|-
|2022<ref name="AR22">{{cite web |title=Lowe's 2022 Annual Report |url=https://corporate.lowes.com/sites/lowes-corp/files/2023-04/lowes-2022ar-full-report-4-6-23-final.pdf |publisher=Lowes |access-date=November 18, 2023 |date=December 31, 2022}}</ref>
|97,059
|6,437
|43,708
|
|
|1,700
|-
|2023<ref name="AR23">{{cite web |title=Lowe's 2023 Annual Report |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/60667/000006066724000033/low-20240202.htm |publisher=U.S. Securities and Exchange Commission |access-date=March 25, 2024 |date=March 25, 2024}}</ref>
|86,377
|7,726
|41,795
|
|284,000
|1,746
|}

Seventy five percent of the company's   revenue comes from do it yourself consumers.<ref>{{cite web |last1=Coleman |first1=Kali |title=Shoppers Are Abandoning Lowe's, New Data Reveals—Here's Why |url=https://bestlifeonline.com/shoppers-abandoning-lowes-2023-news/ |website=Best Life |publisher=Galvanized Media |access-date=September 17, 2023}}</ref>
===Historical data===
For the fiscal year 2019 (2/1/2019-1/31/2020), Lowe's reported earnings of US$4.281 billion, with an annual revenue of US$72.148 billion, an increase of 1.17% over the previous fiscal cycle.<ref>{{Cite web|url=https://corporate.lowes.com/investors/financial-information/annual-reports-proxy-statements|title=Annual Reports & Proxy Statements|website=Lowe's Corporate}}</ref> Lowe's shares traded at over $116 per share,<ref>{{Cite web|date=January 31, 2020|title=Stock closing price, LOW|url=https://finance.yahoo.com/quote/LOW/history}}</ref> and its market capitalization was valued at over US$90.32 billion in January 2020.<ref>{{Cite web|url=https://www.macrotrends.net/stocks/charts/LOW/lowes/market-cap|title=Lowe's Market Cap 2010-2023 &#124; LOW|website=www.macrotrends.net}}</ref>  Lowe's ranked No. 42 on the 2019 [https://fortune.com/company/lowes/fortune500/ Fortune 500] list.  Lowes announced a $10 billion stock buyback<ref>{{Cite web|url=https://finance.yahoo.com/news/lowe-apos-shares-rise-retailer-164000844.html|title=Lowe's shares rise as retailer announces $10 billion stock buyback, 2019 forecast|website=finance.yahoo.com}}</ref> at the end of 2018 to begin in 2019, while trimming jobs.<ref>{{Cite web|title=Lowes layoffs|date=August 13, 2019|url=https://www.wtsp.com/article/money/business/as-lowes-cuts-thousands-of-workers-it-buys-back-its-stock/67-29c6dc80-6aac-4fce-85fc-e17fd4c376dc}}</ref>

For the fiscal year 2018, Lowe's reported earnings of US$2.314 billion, with an annual revenue of US$71.309 billion, an increase of 3.92% over the previous fiscal cycle. Lowe's shares traded at over $96 per share, and its market capitalization was valued at over US$75.8 billion in October 2018.<ref>{{cite journal|title=Lowe's Revenue 2006-2018|url=https://www.macrotrends.net/stocks/charts/LOW/lowes/revenue|journal=Macrotrends|access-date=October 30, 2018}}</ref> Lowe's ranked No. 40 on the 2018 [[Fortune 500]] list of the largest United States corporations by total revenue.<ref>{{cite journal|title=Fortune 500 Companies 2018: Who Made the List|url=http://fortune.com/fortune500/list/|journal=Fortune|language=en-US|access-date=November 10, 2018}}</ref>