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Lowe’s Cos. Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- Return on Assets (ROA) since 2005
- Price to Earnings (P/E) since 2005
- Price to Sales (P/S) since 2005
- Analysis of Revenues
- Analysis of Debt
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Current Enterprise Value (EV)
Current share price (P) | |
No. shares of common stock outstanding | |
US$ in millions | |
Common equity (market value)1 | |
Add: Preferred stock, $5 par value, issued and outstanding: none (per books) | |
Total equity | |
Add: Short-term borrowings (per books) | |
Add: Current maturities of long-term debt (per books) | |
Add: Long-term debt, excluding current maturities (per books) | |
Total equity and debt | |
Less: Cash and cash equivalents | |
Less: Short-term investments | |
Enterprise value (EV) |
Based on: 10-K (reporting date: 2025-01-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
Historical Enterprise Value (EV)
Based on: 10-K (reporting date: 2025-01-31), 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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Lowe’s Cos. Inc. Annual Report.
3 2025 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
- Equity Trends
- The common equity (market value) and total equity exhibited a substantial increase from January 31, 2020, to January 28, 2022, rising from approximately $51.2 billion to $150.6 billion. This indicates significant growth within that period. Following this peak, equity values declined notably by February 3, 2023, to about $113.6 billion. Subsequently, equity rebounded by February 2, 2024, reaching $145.3 billion before decreasing again by January 31, 2025, to $130.4 billion. Overall, equity levels demonstrate volatility with a pronounced peak in early 2022.
- Total Equity and Debt
- Total equity and debt increased steadily from $70.5 billion in January 2020 to $175.3 billion in January 2022. Afterward, a decline was observed in February 2023 to $147.6 billion, followed by an increase to $181.3 billion by February 2024, and then a decrease again to $165.8 billion by January 2025. The pattern suggests fluctuations in capital structure, with periods of both debt and equity expansion and contraction.
- Enterprise Value (EV) Movements
- Enterprise value followed a trend similar to total equity and debt, growing from $69.6 billion in January 2020 to $173.9 billion by January 2022. It then dropped to $145.9 billion in February 2023, increased to $180.0 billion in February 2024, and decreased again to $163.7 billion in January 2025. These movements reflect changes in market perception of the company's overall value, correlating with shifts in equity and debt levels.
- Overall Insights
- The data reveals a growth phase up to early 2022, after which there is evident volatility in equity, debt, and enterprise value. Such fluctuations may be influenced by changing market conditions, operational factors, or strategic financial decisions. Despite these variances, all measures remain significantly higher in the later years compared to the starting point in 2020, indicating an overall expansion of the company’s financial base over the analyzed period.