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.