Lamb Weston Holdings, Inc. (LW)

Lamb Weston Holdings, Inc. engages in the production, distribution, and marketing of frozen potato products in the United States, Canada, Mexico, and internationally. The company offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. It also provides its products under its owned or licensed brands, such as Grown in Idaho and Alexia, and other licensed brands, as well as under retailers' own brands. It sells its products through a network of internal sales personnel and independent brokers, agents, and distributors to quick service and full-service restaurants and chains, wholesale, grocery, mass merchants, club retailers, non-commercial channels, and specialty retailers, as well as foodservice distributors and institutions, including businesses, educational institutions, independent restaurants, regional chain restaurants, and convenience stores. Lamb Weston Holdings, Inc. was incorporated in 1950 and is headquartered in Eagle, Idaho.

Symbol
LW
Exchange
NYSE
Sector
Consumer Defensive
Industry
Packaged Foods
Market cap
$6.06B
52 week range
37.62 - 67.07

Valuation

Share price
$43.60 (close of 2026-10-02)
P/E (TTM)
20.86x
Price to book
3.32x
Price to free cash flow
11.21x
Enterprise value
$9.93B
Book value per share
$13.14

Price performance

PeriodChange
1 day+5.88%
5 days+0.05%
1 month-16.81%
3 months-5.03%
6 months+10.80%
Year to date+4.08%
1 year-29.84%
3 years-52.73%
5 years-30.57%
All time+43.75%

Profitability and growth

Return on equity
15.89%
Return on invested capital
8.12%
Return on assets
3.93%
Return on capital employed
9.91%
Gross margin
20.56%
Net margin
4.39%
EBITDA margin
14.94%
Revenue growth
2.50%
Net income growth
-18.81%
Free cash flow growth
134.77%

Cash flow and balance sheet

Free cash flow yield (TTM)
8.92%
Current ratio
1.42x
Net debt to EBITDA
3.92x

Latest reported year

Period end
2026-05-31
Fiscal year
2026
Revenue
$6.61B
Cost of revenue
$5.25B
Gross profit
$1.36B
EBITDA
$987.80M
Net income
$290.00M
Earnings per share
$2.09
Research and development
$18.90M
Shares outstanding
138.90M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-05-31$6.61B$1.36B$290.00M$2.09
2025-05-25$6.45B$1.40B$357.20M$2.51
2024-05-26$6.47B$1.77B$725.50M$5.01
2023-05-28$5.35B$1.43B$1.01B$6.98
2022-05-29$4.10B$832.00M$200.90M$1.38
2021-05-30$3.67B$832.00M$317.80M$2.17
2020-05-31$3.79B$895.20M$365.90M$2.50
2019-05-26$3.76B$1.00B$478.60M$3.19
2018-05-27$3.42B$879.50M$416.80M$2.83
2017-05-28$3.17B$778.80M$326.90M$2.22

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-05-3120.56%4.39%15.89%8.12%
2025-05-2521.68%5.54%20.56%8.97%
2024-05-2627.32%11.22%40.58%15.00%
2023-05-2826.77%18.86%71.49%14.30%
2022-05-2920.30%4.90%55.73%-
2021-05-3022.66%8.66%66.13%-
2020-05-3123.61%9.65%152.46%-
2019-05-2626.71%12.74%-10404.35%-
2018-05-2725.69%12.17%-124.49%-
2017-05-2824.58%10.32%-50.51%-

Cash and debt by year

Period endCashDebt
2026-05-31$68.20M$3.68B
2025-05-25$70.70M$3.77B
2024-05-26$71.40M$3.84B
2023-05-28$304.80M-
2022-05-29$525.00M-
2021-05-30$783.50M-
2020-05-31$1.36B-
2019-05-26$12.20M-
2018-05-27$55.60M-
2017-05-28$57.10M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-05-31$540.20M$46.20M
2025-05-25$230.10M$39.50M
2024-05-26-$131.30M$46.80M
2023-05-28$107.70M$38.50M
2022-05-29$128.50M$21.30M
2021-05-30$405.50M$20.60M
2020-05-31$406.30M$22.80M
2019-05-26$346.70M$18.80M
2018-05-27$174.40M$13.50M
2017-05-28$159.50M$5.70M

Dividend history

Most recent payment
2026-08-07
Paid in the last twelve months
$1.51
Payment dateDividend per share
2026-08-07$0.38
2026-05-08$0.38
2026-01-30$0.38
2025-10-31$0.37
2025-08-01$0.37
2025-05-02$0.37
2025-01-31$0.37
2024-11-01$0.36

Investor relations

Next earnings report

Next confirmed report
2026-10-06
Consensus EPS estimate
$0.59

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-24May/2026$0.62
2026-04-01Feb/2026$0.61
2025-12-19Nov/2025$0.67
2025-09-30Aug/2025$0.54
2025-07-23May/2025$0.64
2025-04-03Feb/2025$0.87
2024-12-19Nov/2024$1.02
2024-10-03--

Filings and sources

Company website
lambweston.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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