• Lowe's average ebit margin for 2024 was 12.75%, a 14.86% decline from 2023.
• Lowe's average ebit margin for 2023 was 11.1%, a 9.02% increase from 2022.
• Lowe's average ebit margin for 2022 was 12.2%, a 4.99% decline from 2021.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues