Current Enterprise Value (EV)
Current share price (P) | $244.73 |
No. shares of common stock outstanding | 575,112,600 |
US$ in millions | |
Common equity (market value)1 | 140,747) |
Add: Preferred stock, $5 par value, issued and outstanding: none (per books) | —) |
Total equity | 140,747) |
Add: Short-term borrowings (per books) | 499) |
Add: Current maturities of long-term debt (per books) | 585) |
Add: Long-term debt, excluding current maturities (per books) | 32,876) |
Total equity and debt | 174,707) |
Less: Cash and cash equivalents | 1,348) |
Less: Short-term investments | 384) |
Enterprise value (EV) | 172,975) |
Based on: 10-K (reporting date: 2023-02-03).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 244.73 × 575,112,600
Historical Enterprise Value (EV)
Based on: 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), 10-K (reporting date: 2018-02-02).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Lowe’s Cos. Inc. Annual Report.
3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 190.53 × 596,356,261
Item | Description | The company |
---|---|---|
EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | Lowe’s Cos. Inc. EV increased from 2021 to 2022 but then decreased significantly from 2022 to 2023. |