Lamb Weston Holdings Inc (LW)
Operating profit margin
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,065,300 | 1,065,300 | 882,100 | 882,100 | 444,400 |
| Revenue | US$ in thousands | 6,467,600 | 6,461,700 | 5,350,600 | 5,371,000 | 4,098,900 |
| Operating profit margin | 16.47% | 16.49% | 16.49% | 16.42% | 10.84% |
May 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,065,300K ÷ $6,467,600K
= 16.47%
Based on the provided data, the operating profit margin of Lamb Weston Holdings Inc has shown a positive trend over the past few years. In May 2022, the operating profit margin was 10.84%, which then increased to 16.42% in May 2023. This upward trajectory continued, reaching 16.49% in both May 2023 and May 2024. Finally, as of May 26, 2024, the operating profit margin remained stable at 16.47%. This improvement in the operating profit margin indicates that the company has been effectively controlling its operating expenses and generating a higher proportion of profit from its core operations.
Peer comparison
May 31, 2024