Lamb Weston Holdings, Inc. (LW)

LW Income Statement

Revenue, expenses, and profitability analysis

LW Quarterly Income Statement (USD)

Quarterly Report	TTM	02/22/2026	11/23/2025	08/24/2025	05/25/2025	02/23/2025	11/24/2024	08/25/2024	05/26/2024
Revenue	6.518B	1.565B	1.618B	1.659B	1.676B	1.520B	1.601B	1.654B	1.612B
Cost of Goods Sold	5.177B	1.233B	1.294B	1.317B	1.333B	1.098B	1.323B	1.298B	1.224B
Gross Profit	1.341B	331.600M	324.300M	342.400M	342.300M	422.500M	277.800M	356.000M	387.900M
Gross Profit Margin	21.2%	21.2%	20.0%	20.6%	20.4%	27.8%	17.4%	21.5%	24.1%
Total Operating Expenses	732.500M	205.000M	185.100M	185.900M	156.500M	173.800M	259.300M	143.900M	175.400M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	653.200M	156.800M	167.800M	153.600M	175.000M	151.600M	181.000M	143.900M	175.400M
Operating Income (EBIT)	608.100M	126.600M	139.200M	156.500M	185.800M	248.700M	18.500M	212.100M	212.500M
Operating Margin	8.1%	8.1%	8.6%	9.4%	11.1%	16.4%	1.2%	12.8%	13.2%
Income Before Tax (EBT)	433.200M	81.600M	98.100M	112.200M	141.300M	203.500M	-22.700M	178.200M	180.400M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	177.200M	45.000M	44.300M	43.700M	44.200M	47.300M	43.300M	45.200M	40.300M
Other Income/Expense	-174.900M	-45.000M	-41.100M	-44.300M	-44.500M	-45.200M	-41.200M	-33.900M	-32.100M
Net Income	300.300M	54.000M	62.100M	64.300M	119.900M	146.000M	-36.100M	127.400M	129.700M
Income Tax Expense	135.600M	30.300M	36.000M	47.900M	21.400M	57.500M	13.400M	50.800M	50.700M
Net Profit Margin	3.5%	3.5%	3.8%	3.9%	7.2%	9.6%	-2.3%	7.7%	8.0%
EBITDA	996.500M	226.900M	238.600M	251.200M	279.800M	353.000M	141.100M	313.900M	307.500M
EBITDA Margin	14.5%	14.5%	14.7%	15.1%	16.7%	23.2%	8.8%	19.0%	19.1%
Depreciation & Amortization	386.100M	100.300M	96.200M	95.300M	94.300M	102.200M	120.500M	90.500M	86.800M
EPS Basic	2.15	0.39	0.45	0.46	0.85	1.03	-0.25	0.89	0.90
EPS Diluted	2.14	0.39	0.44	0.46	0.85	1.03	-0.25	0.88	0.89
Shares Outstanding	139.000M	139.000M	139.400M	139.500M	140.600M	141.900M	142.800M	143.600M	144.300M
Diluted Shares Outstanding	139.300M	139.300M	139.600M	139.800M	141.000M	142.400M	143.200M	144.200M	145.000M

LW Annual Income Statement (USD)

Annual Report	05/25/2025	05/26/2024	05/28/2023	05/29/2022	05/30/2021	05/31/2020	05/31/2019	05/31/2018
Revenue	6.451B	6.468B	5.351B	4.099B	3.671B	3.792B	3.756B	3.424B
Cost of Goods Sold	5.053B	4.701B	3.918B	3.267B	2.839B	2.897B	2.753B	2.544B
Gross Profit	1.399B	1.767B	1.432B	832.000M	832.000M	895.200M	1.004B	879.500M
Gross Profit Margin	21.7%	27.3%	26.8%	20.3%	22.7%	23.6%	26.7%	25.7%
Total Operating Expenses	733.500M	701.400M	550.000M	387.600M	357.200M	338.300M	335.100M	299.400M
Research & Development	0.00	0.00	0.00	0.00	12.900M	0.00	0.00	0.00
Selling, General & Administrative	633.500M	701.400M	550.000M	387.600M	357.200M	338.300M	335.100M	299.400M
Operating Income (EBIT)	665.100M	1.065B	882.100M	444.400M	474.800M	556.900M	668.400M	580.100M
Operating Margin	10.3%	16.5%	16.5%	10.8%	12.9%	14.7%	17.8%	16.9%
Income Before Tax (EBT)	500.300M	955.500M	1.234B	272.700M	408.300M	478.200M	620.800M	554.900M
Interest Income	—	—	—	—	—	—	—	—
Interest Expense	180.000M	135.800M	109.200M	161.000M	118.300M	108.000M	107.100M	108.800M
Other Income/Expense	-164.800M	-109.800M	351.400M	-171.700M	-66.500M	-78.700M	-47.600M	-25.200M
Net Income	357.200M	725.500M	1.009B	200.900M	317.800M	365.900M	478.600M	416.800M
Income Tax Expense	143.100M	230.000M	224.600M	71.800M	90.500M	112.300M	133.600M	121.200M
Net Profit Margin	5.5%	11.2%	18.9%	4.9%	8.7%	9.6%	12.7%	12.2%
EBITDA	1.088B	1.398B	1.565B	625.800M	655.200M	739.200M	830.800M	723.400M
EBITDA Margin	16.9%	21.6%	29.3%	15.3%	17.8%	19.5%	22.1%	21.1%
Depreciation & Amortization	407.500M	306.800M	222.800M	192.100M	181.700M	182.300M	162.400M	143.300M
EPS Basic	2.51	5.01	6.98	1.38	2.17	2.50	3.19	2.83
EPS Diluted	2.50	4.98	6.95	1.38	2.16	2.49	3.18	2.82
Shares Outstanding	142.200M	144.900M	144.500M	145.500M	146.400M	146.200M	146.500M	146.300M
Diluted Shares Outstanding	142.700M	145.600M	145.200M	145.900M	147.100M	147.100M	147.300M	147.000M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Lamb Weston Holdings, Inc.

Lamb Weston Holdings, Inc. is a prominent global entity specializing in the manufacturing, distribution, and sale of enhanced frozen potato items. Its operations are structured across four distinct segments: Global, Foodservice, Retail, and Other. The company's product portfolio encompasses frozen potatoes, various commercial ingredients, and appetizers. These are offered both under its flagship "Lamb Weston" brand and tailored to numerous customer labels. Furthermore, the company leverages its proprietary brands, such as Grown in Idaho and Alexia, alongside other licensed trademarks and private label brands for retailers. Beyond potatoes, Lamb Weston also maintains interests in the vegetable and dairy sectors. Its extensive client base includes both retail and foodservice channels, ranging from major grocery chains, mass merchandisers, club stores, and specialty retailers to diverse businesses, educational institutions, independent and regional chain restaurants, and convenience stores. Established in 1950, the corporation maintains its principal executive offices in Eagle, Idaho.

Eagle, ID

10,700 employees

www.lambweston.com

Consumer Defensive / Packaged Foods

Sector: Consumer Defensive
Industry: Packaged Foods
CEO: Michael Jared Smith

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