Lamb Weston profit margin LW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 3.8%
- Operating margin, 12 months
- 7.8%
- Net margin on a year earlier
- −0.7 pts
- Peer median
- 5.5%
Over the twelve months to Aug 30, 2026, Lamb Weston kept 3.8% of its revenue as net profit, with an operating margin of 7.8% and a gross margin of 19.4%.
Five years earlier its net margin was 6.8%.
The median for 10 packaged Foods stocks of a similar size is 5.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 4.4% | 8.9% | 20.6% |
| FY2025 | 5.5% | 10.3% | 21.7% |
| FY2024 | 11.2% | 16.5% | 27.3% |
| FY2023 | 18.9% | 16.5% | 26.8% |
| FY2022 | 4.9% | 10.8% | 20.3% |
| FY2021 | 8.7% | 12.9% | 22.7% |
| FY2020 | 9.6% | 14.7% | 23.6% |
| FY2019 | 12.7% | 17.8% | 26.7% |
| FY2018 | 12.2% | 16.9% | 25.7% |
| FY2017 | 10.3% | 16.4% | 24.6% |
| FY2016 | 9.5% | 12.5% | 22.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | 3.8% | −0.7 pts | 7.8% | |
| Q4 FY26 | 4.4% | −1.2 pts | 8.9% | |
| Q3 FY26 | 4.6% | −1.1 pts | 9.3% | |
| Q2 FY26 | 6.1% | +0.3 pts | 11.3% | |
| Q1 FY26 | 4.6% | −5.0 pts | 9.4% | |
| Q4 FY25 | 5.5% | −5.7 pts | 10.3% | |
| Q3 FY25 | 5.7% | −11.0 pts | 10.8% | |
| Q2 FY25 | 5.8% | −11.9 pts | 10.5% | |
| Q1 FY25 | 9.6% | −7.6 pts | 14.8% | |
| Q4 FY24 | 11.2% | −7.6 pts | 16.5% | |
| Q3 FY24 | 16.7% | +5.4 pts | 15.9% | |
| Q2 FY24 | 17.7% | +7.2 pts | 17.1% |
Against its peers
Companies in Packaged Foods nearest Lamb Weston's size, closest first, today.
| Company | Profit margin |
|---|---|
| LWLamb Weston | 3.8% |
| SFDSmithfield Foods | 6.8% |
| CPBCAMPBELL'S | 4.1% |
| INGRIngredion | 8.2% |
| HRLHormel Foods | 2.8% |
| MKCMccormick | 19.4% |
| SJMJ M SMUCKER | 2.5% |
| POSTPost | 3.5% |
| FRPTFreshpet | 17.3% |
| MZTIMarzetti | 9.9% |
| KHCKraft Heinz | −13.6% |
| Peer median | 5.5% |
Where Lamb Weston ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Lamb Weston
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.