Lamb Weston Holdings Inc (LW)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 725,600 | 1,094,700 | 1,123,700 | 1,011,800 | 1,008,900 | 542,100 | 473,600 | 403,000 | 200,900 | 234,400 | 193,900 | 258,300 | 317,800 | 250,700 | 296,000 | 339,500 | 365,900 | 477,900 | 507,900 | 486,500 |
| 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 |
| ROA | 9.85% | 15.11% | 15.95% | 15.47% | 15.47% | 10.66% | 10.36% | 9.14% | 4.85% | 5.72% | 4.67% | 6.18% | 7.55% | 6.03% | 7.12% | 7.95% | 7.85% | 13.79% | 14.65% | 15.10% |
May 26, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $725,600K ÷ $7,367,000K
= 9.85%
The return on assets (ROA) for Lamb Weston Holdings Inc has fluctuated over the past several financial periods, ranging from a low of 4.67% to a high of 15.95%. The ROA indicates the company's ability to generate profits relative to its total assets.
The company's ROA peaked at 15.95% in November 2023, demonstrating efficient use of assets to generate earnings. However, there was a slight decline in the ROA in subsequent periods before reaching a low of 4.67% in May 2022, signaling potential challenges in asset utilization and profitability.
Subsequently, there was an improvement with the ROA increasing to 15.10% in August 2019 and remaining relatively stable above 10% in the recent periods. This indicates a recovery and possibly better asset management practices, leading to increased profitability relative to the total assets deployed.
Overall, monitoring the ROA trend can provide insights into the company's operational efficiency, asset utilization, and profitability performance over time.
Peer comparison
May 26, 2024