LOWES COMPANIES INC（LOW）の決算・業績分析
LOWES COMPANIES INCの2024年有価証券報告書をAI分析。売上高$83.7B(-3.1%)。営業利益$10.5B。Consumer Discretionary。
目次
LOWES COMPANIES INCの2024年度 業績サマリー
LOWES COMPANIES INC（証券コード: LOW）の2024年度決算・業績分析。売上高は$83.7B（前年比-3.1%）。営業利益は$10.5B（前年比-9.4%）。純利益は$7.0B（前年比-10.0%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
LOWES COMPANIES INCの2024年度 注目ポイント
- Revenue increased slightly to $97.1B (+0.8% YoY), but operating income fell by 16.0% to $10.2B (XBRL).
- Net income declined by 23.8% YoY to $6.4B (XBRL), despite strong shareholder returns of $16.5B (dividends + buybacks).
- Net debt rose to $34.4B (2.8x EBITDA), with long-term debt at $35.3B (XBRL).
- ROE was -133.7% (XBRL), reflecting significant equity losses (-$4.8B as of FY2024).
LOWES COMPANIES INCの売上高変化の要因
- •Total revenue was $97.1B (+0.8% YoY), driven by Pro customer growth and PPI cost controls (10-K). However, DIY demand weakness due to macroeconomic pressures offset some growth. Segment revenue figures are not disclosed in XBRL or 10-K.
LOWES COMPANIES INCの営業利益変化の要因
- •Gross profit was $32.3B (33.2% margin), with a slight decline from prior years due to DIY demand weakness (10-K). Operating income fell 16.0% YoY to $10.2B, while net income dropped 23.8% YoY to $6.4B (XBRL). Operating margin was 10.5%, down from prior periods.
LOWES COMPANIES INCの事業リスクと対応
Inability to adapt to evolving retail trends and customer preferences (10-K).
Failure to deliver omnichannel capabilities and customer experience (10-K).
Data privacy and security challenges impacting customer data usage (10-K).
Difficulty attracting/retaining skilled technology professionals (10-K).
Regulatory constraints on data collection and sharing (10-K).
Competitive pressures from technology investments by rivals (10-K).
LOWES COMPANIES INCの今後の見通し・業績予想
LOWES COMPANIES INCの事業内容
LOWES COMPANIES INC (LOW) operates 1,746 U.S. stores, generating revenue through the sale of home improvement products and services to both professional customers (Pro customers) and consumers (10-K). Key offerings include hardware, building materials, tools, Pro services, online sales, and localized product assortments. Competitive advantages include omnichannel retail capabilities, the Total Home strategy, and Pro Rewards program. No significant customer concentration is reported (10-K).
LOWES COMPANIES INCのAI業績分析レポート（2024年度）
LOWES COMPANIES INC (LOW) Annual Report Analysis FY2024
Highlights
Business Overview
LOWES COMPANIES INC (LOW) operates 1,746 U.S. stores, generating revenue through the sale of home improvement products and services to both professional customers (Pro customers) and consumers (10-K). Key offerings include hardware, building materials, tools, Pro services, online sales, and localized product assortments. Competitive advantages include omnichannel retail capabilities, the Total Home strategy, and Pro Rewards program. No significant customer concentration is reported (10-K).
Revenue Analysis
Total revenue was $97.1B (+0.8% YoY), driven by Pro customer growth and PPI cost controls (10-K). However, DIY demand weakness due to macroeconomic pressures offset some growth. Segment revenue figures are not disclosed in XBRL or 10-K.
Profitability Analysis
Gross profit was $32.3B (33.2% margin), with a slight decline from prior years due to DIY demand weakness (10-K). Operating income fell 16.0% YoY to $10.2B, while net income dropped 23.8% YoY to $6.4B (XBRL). Operating margin was 10.5%, down from prior periods.
Balance Sheet Analysis
Total assets decreased from $39.5B (FY2020) to $41.8B (FY2024), while total equity fell to -$4.8B (XBRL). Current ratio was 1.23x (XBRL). Long-term debt was $35.3B (XBRL), with net debt at $34.4B (2.8x EBITDA). ROA was 15.4% (XBRL), but ROE was -133.7% (XBRL).
Cash Flow Analysis
Operating cash flow was $8.6B (XBRL), with free cash flow of $6.8B (OCF - CapEx $1.8B). Financing activities included $2.4B in dividends and $14.1B in share repurchases (XBRL). CapEx was $1.8B (XBRL), with a CapEx/D&A ratio of 0.92x (XBRL).
Working Capital Analysis
N/A
Risks
Outlook
Management expects macroeconomic pressures, Pro customer growth, PPI cost controls, and omnichannel investments to influence future results (10-K). No specific forward-looking guidance is provided.
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|
| Revenue | 71.3B | 72.1B | 89.6B | 96.2B | 97.1B |
| Operating Income | 4.0B | 6.3B | 9.6B | 12.1B | 10.2B |
| Net Income | 2.3B | 4.3B | 5.8B | 8.4B | 6.4B |
| Total Assets | 39.5B | 46.7B | 44.6B | 43.7B | 41.8B |
| Total Equity | 2.0B | 1.4B | -4.8B | 1.4B | -4.8B |
| Operating Cash Flow | 6.2B | 4.3B | 11.0B | 10.1B | 8.6B |
Consumer Discretionaryの企業一覧
LOWES COMPANIES INCと同じ「Consumer Discretionary」セクターの企業