Lamb Weston Holdings Inc (LW)
Return on equity (ROE)
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 725,500 | 725,500 | 1,008,900 | 1,008,900 | 200,900 |
| Total stockholders’ equity | US$ in thousands | 1,787,800 | 1,787,800 | 1,411,300 | 1,411,300 | 360,500 |
| ROE | 40.58% | 40.58% | 71.49% | 71.49% | 55.73% |
May 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $725,500K ÷ $1,787,800K
= 40.58%
To analyze Lamb Weston Holdings Inc's return on equity (ROE) over the given period, we observe fluctuations in the metric as follows:
- May 31, 2022: ROE was 55.73%
- May 28, 2023: ROE increased to 71.49%
- May 31, 2023: ROE remained consistent at 71.49%
- May 26, 2024: ROE declined to 40.58%
- May 31, 2024: ROE sustained at 40.58%
The significant increase in ROE from May 31, 2022, to May 28, 2023, indicates that the company efficiently utilized its equity to generate profits. However, the subsequent maintenance and decline in ROE highlight potential challenges or changes in the company's profitability or equity structure. Further investigation into the components driving these fluctuations would provide a more in-depth understanding of Lamb Weston Holdings Inc's performance and potential future prospects.
Peer comparison
May 31, 2024