Since the great recession of 2008-2009, this economy has come a long way. If you need proof, you need to look no further than the big two home improvement stores – Home Depot and Lowe’s. They have both done very well. All data is presented for fiscal years for both companies.
Here are the numbers:
Exhibit 1: Home Depot and Lowe’s Annual Revenues 2012 – 2014 (In Millions of USD)
Exhibit 2: Home Depot and Lowe’s Year-over-Year Revenue Growth (%)
Exhibit 3: Home Depot and Lowe’s Annual Net Earnings (In Millions of USD)
Exhibit 4: Home Depot and Lowe’s Net Earnings Growth Rate (%)
The growth rate of earnings have been very impressive for both Home Depot and Lowe’s.
Exhibit 5: Home Depot and Lowe’s Net Profit Margin (%)
Both Home Depot and Lowe’s have expanded their net profit margins. Home Depot has expanded its margin by 1.56% in two years, while Lowe’s has increased its margins by 0.92%. That’s an extremely impressive feat. But, I am surprised that Lowe’s net profit margin is so much lower than Home Depot’s. I was expecting both companies, given that they operate within the same industry segment to have close to same margins.
Exhibit 6: Home Depot and Lowe’s Quarterly Revenue (in Millions of USD)
Exhibit 7: Quarterly Year-over-Year Revenue Growth (%)
Exhibit 8: Home Depot and Lowe’s Quarterly Earnings Per Share Basic (in USD)
Exhibit 9: Earnings Per Share Basic Quarterly Year-over-Year Growth Rate (%)
Exhibit 10: Home Depot and Lowe’s Average Basic Shares Outstanding (in Millions)
Data Source: SEC.GOV
Disclaimer: I just love learning about companies. I am not an investment advisor and this blog post should not be considered investment advice.
You should know thst home depot color is Orange, Lowes Blue. .you reversed them. Very distracting to a long time Lowes guy like myself.
Thanks a lot for the feedback! I will keep the company colors in mind when I do future posts.