Stock Analysis on Net

Lowe’s Cos. Inc. (NYSE:LOW)

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Lowe’s Cos. Inc., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020 Feb 1, 2019
Net earnings 7,726 6,437 8,442 5,835 4,281 2,314
Foreign currency translation adjustments, net of tax 5 36 (4) 78 94 (221)
Cash flow hedges, net of tax (14) 309 109 (79) (22) (1)
Other 2 (2) (5) 1 1 2
Other comprehensive income (loss) (7) 343 100 73 (220)
Comprehensive income 7,719 6,780 8,542 5,835 4,354 2,094

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01).

Comprehensive income item Description The company
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. net earnings decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Lowe’s Cos. Inc. comprehensive income decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.