Lamb Weston Holdings Inc (LW)
Pretax margin
| May 26, 2024 | May 28, 2023 | May 29, 2022 | May 30, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 955,500 | 1,233,500 | 272,700 | 408,300 | 478,200 |
| Revenue | US$ in thousands | 6,461,700 | 5,371,000 | 4,042,200 | 3,669,200 | 3,788,200 |
| Pretax margin | 14.79% | 22.97% | 6.75% | 11.13% | 12.62% |
May 26, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $955,500K ÷ $6,461,700K
= 14.79%
The pretax margin of Lamb Weston Holdings Inc has shown fluctuations over the past five years. In May 2024, the pretax margin decreased to 14.79% from the previous year's 22.97%, reflecting a decrease in profitability before accounting for taxes. This decline may indicate increased costs or reduced revenue efficiency. In comparison, the pretax margin was lowest in May 2022 at 6.75%, suggesting lower profitability during that period. However, the pretax margin rebounded in May 2023 and May 2021 to 22.97% and 11.13%, respectively, showing signs of improved performance. Overall, while there have been fluctuations in the pretax margin of Lamb Weston Holdings Inc, it is essential for stakeholders to monitor the company's profitability trends closely to assess the effectiveness of its financial management strategies.
Peer comparison
May 26, 2024