Lamb Weston Holdings Inc (LW)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 665,100 | 691,800 | 655,600 | 861,000 | 872,800 | 965,900 | 1,059,000 | 1,158,400 | 1,257,800 | 1,139,200 | 1,020,600 | 963,600 | 906,600 | 991,400 | 1,076,200 | 966,900 | 857,600 | 721,800 | 586,000 | 562,800 |
| 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 |
| Operating profit margin | 10.31% | 10.83% | 10.12% | 13.59% | 14.23% | 15.45% | 16.60% | 17.58% | 18.51% | 16.85% | 15.21% | 15.29% | 15.38% | 18.10% | 21.27% | 19.60% | 17.85% | 15.42% | 12.87% | 12.84% |
May 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $665,100K ÷ $6,451,300K
= 10.31%
The operating profit margin of Lamb Weston Holdings Inc. has exhibited notable fluctuations over the observed period. Starting from approximately 12.84% as of August 28, 2022, it remained relatively stable with marginal increases through the end of August 2022, reaching 12.87%. A subsequent upward trend became evident by late November 2022, with the margin rising to 15.42% on November 27 and further expanding to 17.85% by November 30, 2022.
The margin continued its ascent into early 2023, reaching a peak of 21.27% on February 28, 2023. This indicates an improvement in operational efficiency or better cost control during this period. However, after this peak, a decline was observed, with the margin decreasing to 18.10% as of May 28, 2023, and further down to 15.38% on May 31, 2023. The margin remained relatively stable through mid-2023, fluctuating slightly around 15%, with the September 2023 data reflecting 15.21%.
Towards the end of 2023, the operating profit margin showed an increasing trend again, reaching 16.85% on November 26 and slightly climbing to 18.51% by November 30. However, this recovery was transient, as the margin declined again in early 2024, recorded at 17.58% on February 25 and 16.60% on February 29, before decreasing further to 15.45% on May 26, 2024, and continuing downward to 14.23% on May 31, 2024.
By the end of August 2024, the margin had further declined to 13.59%, and significant deterioration was observed by late November 2024, with the margin falling to 10.12%. Early 2025 continued this downward trend, with the margin hovering around 10.83% on February 28 and reducing further to 10.31% by May 31, 2025.
Overall, the operating profit margin of Lamb Weston Holdings Inc. has experienced a period of growth culminating in a peak in early 2023, followed by a sustained decline through mid-2025. These fluctuations may reflect varying operational efficiencies, cost pressures, market dynamics, or strategic adjustments over the analyzed timeframe.
Peer comparison
May 31, 2025