Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $89,597 | $96,250 | $97,059 | $86,377 | $83,674 |
| Gross Profit | $29,572 | $32,056 | $32,257 | $28,844 | $27,877 |
| Operating Income | $9,647 | $12,093 | $10,159 | $11,557 | $10,466 |
| Net Income | $5,835 | $8,442 | $6,437 | $7,726 | $6,957 |
Over the five-year period, Lowe’s Companies, Inc. experienced mixed performance across key metrics. Revenue rose from US$89.6 billion in 2021 to a peak of US$96.3 billion in 2022 and then remained relatively steady in 2023 at about US$97.1 billion. However, a decline set in for 2024 and 2025, with revenues falling to US$86.4 billion and US$83.7 billion, respectively. Gross profit followed a similar pattern, rising from US$29.6 billion in 2021 to US$32.1 billion in 2022 before a modest increase in 2023 to around US$32.3 billion, and then declining to US$28.8 billion in 2024 and further to US$27.9 billion in 2025. Operating income and net income also peaked in 2022, with operating income reaching US$12.1 billion and net income at US$8.4 billion, followed by dips in subsequent years—operating income and net income in 2025 registering US$10.5 billion and US$7.0 billion, respectively. The performance metrics suggest that Lowe’s managed a period of robust revenue and profit growth in the early part of the period, especially between 2021 and 2022, likely benefiting from strong consumer demand in the home improvement sector. Although none of the year-over-year changes exceeded a 20% swing, the downward trend from 2023 onward in revenue, gross profit, and net income raises concerns about potential market headwinds or operational challenges in recent years. Overall, the company’s earlier expansion phase has solidified its financial foundation; however, the subsequent declines indicate that maintaining high growth rates may require strategic adjustments. In the face of ongoing industry volatility, Lowe’s financial health remains stable but calls for close monitoring to ensure long-term sustainability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.