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Common-Size Income Statement
Lowe’s Cos. Inc., common-size consolidated income statement
Based on: 10-K (filing date: 2021-03-22), 10-K (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29).
| Income statement item | Description | The company |
|---|---|---|
| Operating income | The net result for the period of deducting operating expenses from operating revenues. | Lowe’s Cos. Inc.’s operating income as a percentage of net sales increased from 2019 to 2020 and from 2020 to 2021. |
| Pre-tax earnings | Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. | Lowe’s Cos. Inc.’s pre-tax earnings as a percentage of net sales increased from 2019 to 2020 and from 2020 to 2021. |
| Net earnings | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | Lowe’s Cos. Inc.’s net earnings as a percentage of net sales increased from 2019 to 2020 and from 2020 to 2021. |