Lamb Weston Holdings Inc (LW)
Pretax margin
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 929,500 | 955,500 | 772,900 | 1,233,500 | 283,400 |
| Revenue | US$ in thousands | 6,467,600 | 6,461,700 | 5,350,600 | 5,371,000 | 4,098,900 |
| Pretax margin | 14.37% | 14.79% | 14.45% | 22.97% | 6.91% |
May 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $929,500K ÷ $6,467,600K
= 14.37%
Lamb Weston Holdings Inc's pretax margin has shown fluctuating trends over the period under review. It started at 6.91% in May 31, 2022, significantly increased to 22.97% by May 28, 2023, then decreased to 14.45% by May 31, 2023. The pretax margin further improved to 14.79% by May 26, 2024, but slightly declined to 14.37% by May 31, 2024. This indicates varying levels of efficiency in generating profits before accounting for taxes during the specified periods. It is crucial for the company to closely monitor and manage its expenses and revenue generation to sustain profitability and possibly increase its pretax margin over time.
Peer comparison
May 31, 2024