Lamb Weston Holdings Inc (LW)
Total 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 |
| Total assets | US$ in thousands | 7,392,600 | 7,367,000 | 7,367,000 | 6,519,800 | 6,519,800 |
| Total asset turnover | 0.87 | 0.88 | 0.88 | 0.82 | 0.82 |
May 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $6,451,300K ÷ $7,392,600K
= 0.87
The total asset turnover ratio for Lamb Weston Holdings Inc. demonstrates a relatively stable level over the period from May 2023 to May 2025, with some fluctuations observed. As of May 28 and May 31, 2023, the ratio stood at 0.82, indicating that the company generated $0.82 in sales for every dollar of total assets during that period. Moving into May 2024, the ratio increased to 0.88, reflecting an improvement in asset efficiency, whereby the company generated more sales per dollar of assets—an indication of enhanced operational efficiency or better asset utilization. This higher ratio persisted through May 31, 2024, also at 0.88. By May 2025, the total asset turnover slightly declined to 0.87, but still remained higher than the levels recorded in 2023, suggesting a subtle easing in asset utilization efficiency, yet overall maintaining an improvement compared to the start of the period. Overall, the trend indicates a positive shift in the company’s ability to generate sales from its assets over this two-year span, with the peak observed in mid-2024 before a slight decrease.
Peer comparison
May 31, 2025