Lamb Weston Holdings, Inc. (LW) stock
LWNYSECanned, Frozen & Preservd Fruit, Veg & Food SpecialtiesFiscal year ends May 31
Financials through Q1 FY2027, quarter ended Aug 30, 2026Last filing: 10-Q on Oct 6, 2026Score 11/309% below fair value
$56.06+0.83 (+1.50%)
Close on Nov 13, 2026Market cap $7.72BP/E 30.5Yield 2.68%
Lamb Weston operating margin
Operating margin is operating income as a percentage of revenue.
Lamb Weston's operating margin for the twelve months ending Aug 30, 2026 was 7.8%. For fiscal 2026 it was 8.9%, against 10.3% the year before. The highest annual figure on record is 17.8% in fiscal 2019.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | May 31, 2026 | 8.9% | −1.4 |
| FY2025 | May 25, 2025 | 10.3% | −6.2 |
| FY2024 | May 26, 2024 | 16.5% | −0.0 |
| FY2023 | May 28, 2023 | 16.5% | +5.6 |
| FY2022 | May 29, 2022 | 10.8% | −2.1 |
| FY2021 | May 30, 2021 | 12.9% | −1.8 |
| FY2020 | May 31, 2020 | 14.7% | −3.1 |
| FY2019 | May 26, 2019 | 17.8% | +0.8 |
| FY2018 | May 27, 2018 | 16.9% | +0.6 |
| FY2017 | May 28, 2017 | 16.4% | +3.9 |
| FY2016 | May 29, 2016 | 12.5% | −0.6 |
| FY2015 | May 31, 2015 | 13.0% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2027CQ3 2026 | Aug 30, 2026 | 4.9% | −4.5 |
| Q4 FY2026CQ2 2026 | May 31, 2026 | 9.5% | −1.6 |
| Q3 FY2026CQ1 2026 | Feb 22, 2026 | 8.1% | −8.3 |
| Q2 FY2026CQ4 2025 | Nov 23, 2025 | 8.6% | +7.4 |
| Q1 FY2026CQ3 2025 | Aug 24, 2025 | 9.4% | −3.4 |
| Q4 FY2025CQ2 2025 | May 25, 2025 | 11.1% | −4.3 |
| Q3 FY2025CQ1 2025 | Feb 23, 2025 | 16.4% | −2.2 |
| Q2 FY2025CQ4 2024 | Nov 24, 2024 | 1.2% | −20.1 |
| Q1 FY2025CQ3 2024 | Aug 25, 2024 | 12.8% | −5.0 |
| Q2 FY2024CQ4 2023 | Feb 25, 2024 | 15.4% | +1.3 |
| Q1 FY2024CQ3 2023 | Nov 26, 2023 | 18.5% | +9.7 |
| Q2 FY2023CQ4 2022 | Feb 26, 2023 | 21.2% | +10.0 |
| Q1 FY2023CQ3 2022 | Nov 27, 2022 | 17.9% | +2.3 |
| Q2 FY2022CQ4 2021 | Feb 27, 2022 | 14.0% | −3.3 |
| Q1 FY2022CQ3 2021 | Nov 28, 2021 | 8.8% | −9.3 |
| Q2 FY2021CQ4 2020 | Feb 28, 2021 | 11.2% | −9.7 |
| Q1 FY2021CQ3 2020 | Nov 29, 2020 | 15.6% | −2.3 |
| Q2 FY2020CQ4 2019 | Feb 23, 2020 | 17.3% | +0.4 |
| Q1 FY2020CQ3 2019 | Nov 24, 2019 | 18.1% | +1.3 |
| Q2 FY2019CQ4 2018 | Feb 24, 2019 | 20.9% | +6.2 |
| Q1 FY2019CQ3 2018 | Nov 25, 2018 | 17.9% | +1.9 |
| Q2 FY2018CQ4 2017 | Nov 26, 2017 | 17.0% | −0.5 |
| Q1 FY2018CQ3 2017 | Aug 27, 2017 | 16.8% | +3.8 |
| Q4 FY2017CQ2 2017 | May 28, 2017 | 14.7% | – |
| Q1 FY2017CQ3 2016 | Nov 27, 2016 | 16.0% | – |
| Q2 FY2016CQ4 2015 | Feb 28, 2016 | 17.5% | – |
| Q1 FY2016CQ3 2015 | Nov 29, 2015 | 13.0% | – |
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