Lamb Weston Holdings Inc (LW)
Net profit margin
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 357,200 | 367,000 | 350,700 | 532,900 | 551,600 | 636,900 | 722,200 | 810,900 | 899,600 | 1,183,400 | 1,467,200 | 1,407,500 | 1,347,800 | 952,100 | 556,400 | 613,200 | 670,000 | 598,900 | 527,800 | 402,500 |
| Revenue (ttm) | US$ in thousands | 6,451,300 | 6,387,400 | 6,480,200 | 6,337,600 | 6,132,800 | 6,253,000 | 6,381,000 | 6,588,000 | 6,796,600 | 6,759,400 | 6,712,200 | 6,300,500 | 5,896,200 | 5,477,800 | 5,060,200 | 4,932,200 | 4,804,200 | 4,680,800 | 4,554,000 | 4,383,400 |
| Net profit margin | 5.54% | 5.75% | 5.41% | 8.41% | 8.99% | 10.19% | 11.32% | 12.31% | 13.24% | 17.51% | 21.86% | 22.34% | 22.86% | 17.38% | 11.00% | 12.43% | 13.95% | 12.79% | 11.59% | 9.18% |
May 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $357,200K ÷ $6,451,300K
= 5.54%
The net profit margin of Lamb Weston Holdings Inc. has demonstrated notable fluctuations over the analyzed period. In the fiscal year ending August 2022, the net profit margin ranged from approximately 9.18% to 13.95%, indicating a moderate profitability level. Moving into late 2022 and early 2023, the margins increased, reaching a peak of approximately 22.86% in May 2023, suggesting a period of enhanced profitability potentially driven by favorable operating conditions, cost management, or product pricing strategies.
Subsequently, a downward trend began post-May 2023, with margins declining gradually toward 13.24% by November 2023. This decrease points to either rising costs, competitive pressures, or other operational challenges impacting profit retention. The trend persisted into early 2024, with margins stabilizing around 11-12%, before further contraction observed in mid-2024, where the net profit margin fell below 6% by November 2024 and remained near this level into early 2025.
Overall, the analysis indicates a period of significant growth in profitability peaking in mid-2023, followed by a sustained decline through late 2024 and early 2025. This pattern suggests increased difficulties in maintaining profit margins at the prior high levels, possibly reflecting broader market conditions, input cost inflation, or strategic changes impacting profitability ratios over time.
Peer comparison
May 31, 2025