Lamb Weston Holdings Inc (LW)
Net profit margin
| May 26, 2024 | May 28, 2023 | May 29, 2022 | May 30, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 725,500 | 1,008,900 | 200,900 | 317,800 | 365,900 |
| Revenue | US$ in thousands | 6,461,700 | 5,371,000 | 4,042,200 | 3,669,200 | 3,788,200 |
| Net profit margin | 11.23% | 18.78% | 4.97% | 8.66% | 9.66% |
May 26, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $725,500K ÷ $6,461,700K
= 11.23%
The net profit margin of Lamb Weston Holdings Inc has fluctuated over the past five years. It decreased from 9.66% in 2020 to 8.66% in 2021, before increasing to 4.97% in 2022. However, there was a significant improvement in the net profit margin in 2023, reaching 18.78%. The latest data available for May 26, 2024, shows a net profit margin of 11.23%. This variation in net profit margin indicates changes in the company's profitability relative to its revenue, which may be influenced by factors such as operating efficiency, cost management, revenue growth, and economic conditions. It is important for stakeholders to monitor these trends to assess the company's financial performance and sustainability over time.
Peer comparison
May 26, 2024