Lamb Weston Holdings Inc (LW)
Gross profit margin
| May 26, 2024 | May 28, 2023 | May 29, 2022 | May 30, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,766,700 | 1,432,100 | 832,000 | 832,000 | 895,200 |
| Revenue | US$ in thousands | 6,461,700 | 5,371,000 | 4,042,200 | 3,669,200 | 3,788,200 |
| Gross profit margin | 27.34% | 26.66% | 20.58% | 22.68% | 23.63% |
May 26, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,766,700K ÷ $6,461,700K
= 27.34%
The gross profit margin of Lamb Weston Holdings Inc has shown a generally positive trend over the past five years. The company's gross profit margin increased from 23.63% in 2020 to 27.34% in 2024, indicating an improvement in the company's ability to generate revenue after accounting for the cost of goods sold.
The upward trend in the gross profit margin suggests that Lamb Weston Holdings Inc has been effectively managing its production costs and pricing strategies, leading to higher profitability. This improvement is a positive indicator of the company's operational efficiency and competitiveness within the industry.
Overall, the increasing gross profit margin of Lamb Weston Holdings Inc reflects positively on the company's financial performance and indicates its ability to generate higher profits from its core business activities over the years.
Peer comparison
May 26, 2024