Lamb Weston Holdings Inc (LW)
Operating return on assets (Operating ROA)
| May 26, 2024 | Feb 25, 2024 | Nov 26, 2023 | Aug 27, 2023 | May 28, 2023 | Feb 26, 2023 | Nov 27, 2022 | Aug 28, 2022 | May 29, 2022 | Feb 27, 2022 | Nov 28, 2021 | Aug 29, 2021 | May 30, 2021 | Feb 28, 2021 | Nov 29, 2020 | Aug 30, 2020 | May 31, 2020 | Feb 23, 2020 | Nov 24, 2019 | Aug 25, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,065,300 | 1,039,800 | 1,082,200 | 1,048,400 | 882,100 | 831,100 | 698,600 | 541,200 | 444,400 | 407,300 | 374,100 | 399,300 | 474,800 | 406,800 | 468,700 | 522,600 | 556,900 | 674,000 | 705,300 | 685,800 |
| Total assets | US$ in thousands | 7,367,000 | 7,245,700 | 7,045,300 | 6,539,600 | 6,519,800 | 5,087,300 | 4,569,600 | 4,409,700 | 4,139,800 | 4,100,800 | 4,155,600 | 4,176,300 | 4,209,400 | 4,158,200 | 4,159,100 | 4,272,600 | 4,662,300 | 3,466,200 | 3,466,800 | 3,222,600 |
| Operating ROA | 14.46% | 14.35% | 15.36% | 16.03% | 13.53% | 16.34% | 15.29% | 12.27% | 10.73% | 9.93% | 9.00% | 9.56% | 11.28% | 9.78% | 11.27% | 12.23% | 11.94% | 19.44% | 20.34% | 21.28% |
May 26, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,065,300K ÷ $7,367,000K
= 14.46%
Operating return on assets (operating ROA) measures a company's efficiency in generating profits from its assets used in its primary operations. In the case of Lamb Weston Holdings Inc, the operating ROA has fluctuated over the past few quarters. The trend shows some variability, with the operating ROA ranging from 9.00% to 21.28% in the most recent quarters.
The operating ROA for Lamb Weston Holdings Inc reached its highest level of 21.28% in the Nov 24, 2019, quarter, indicating a strong ability to generate profits from its operational assets during that period. However, there was a subsequent decline in the metric in the following quarters until it picked up again in the May 26, 2024, quarter, where it stood at 14.46%.
Overall, the operating ROA of Lamb Weston Holdings Inc has displayed some volatility, with periods of both improvement and slight deterioration. It is essential for the company to monitor and manage its asset efficiency to ensure sustainable profitability and value creation for its shareholders.
Peer comparison
May 26, 2024