Lamb Weston Holdings Inc (LW)
Fixed asset turnover
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,451,300 | 6,467,600 | 6,461,700 | 5,350,600 | 5,371,000 |
| Property, plant and equipment | US$ in thousands | — | 3,715,800 | 3,578,900 | 2,954,100 | 2,804,200 |
| Fixed asset turnover | — | 1.74 | 1.81 | 1.81 | 1.92 |
May 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $6,451,300K ÷ $—K
= —
The fixed asset turnover ratio for Lamb Weston Holdings Inc. demonstrates the company's efficiency in utilizing its fixed assets to generate sales over the specified periods. As of May 28, 2023, the ratio stood at 1.92, indicating a relatively high level of asset utilization at that time. This ratio declined slightly to 1.81 by May 31, 2023, suggesting a marginal decrease in the efficiency of fixed asset utilization during that short interval.
Looking ahead to May 26, 2024, the ratio remained unchanged at 1.81, maintaining the same level of asset productivity as observed at the end of May 2023. However, a further decline was observed by May 31, 2024, with the ratio decreasing to 1.74, indicating a modest reduction in the effectiveness of fixed assets in generating sales within that period.
By the most recent period on May 31, 2025, the fixed asset turnover ratio is not reported, which precludes direct comparison or trend analysis for that date.
Overall, the trend from May 2023 to May 2024 depicts a slight decrease in fixed asset utilization efficiency, moving from 1.92 to 1.74. This gradual decline may reflect changes in asset management, operational strategies, or business conditions affecting how effectively the company is leveraging its fixed assets to produce sales. The stability of the ratio in late 2023 and early 2024 followed by a minor decline suggests a period of relative consistency with a slight downward shift in asset productivity over that timeframe.
Peer comparison
May 31, 2025