Lamb Weston (LW)

NYSE Consumer Staples Packaged Foods & Meats S&P SmallCap 600

$55.24

+0.16 (+0.29%)

Close of Nov 06, 2026 · end-of-day data

Source: Lamb Weston's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$3.17B	$3.42B	$3.76B	$3.79B	$3.67B	$4.10B	$5.35B	$6.47B	$6.45B	$6.61B
Cost of revenue	$2.38B	$2.54B	$2.75B	$2.90B	$2.84B	$3.27B	$3.92B	$4.70B	$5.05B	$5.25B
Gross profit	$778.80M	$879.50M	$1.00B	$895.20M	$832.00M	$832.00M	$1.43B	$1.77B	$1.40B	$1.36B
Research & development	$10.60M	$13.50M	$15.40M	$15.40M	$12.90M	$16.20M	$17.20M	$26.40M	$22.00M	$18.90M
Selling, general & admin	$260.50M	$299.40M	$335.10M	$338.30M	$357.20M	$387.60M	$550.00M	$701.40M	$633.50M	$664.60M
Operating income	$518.30M	$580.10M	$668.40M	$556.90M	$474.80M	$444.40M	$882.10M	$1.07B	$665.10M	$591.10M
Pre-tax income	$510.40M	$554.90M	$620.80M	$478.20M	$408.30M	$272.70M	$1.23B	$955.50M	$500.30M	$418.10M
Income tax	$170.20M	$121.20M	$133.60M	$112.30M	$90.50M	$71.80M	$224.60M	$230.00M	$143.10M	$128.10M
Net income	$326.90M	$416.80M	$478.60M	$365.90M	$317.80M	$200.90M	$1.01B	$725.50M	$357.20M	$290.00M
EBITDA	$627.40M	$723.40M	$830.80M	$739.20M	$662.60M	$636.50M	$1.10B	$1.37B	$1.04B	$987.80M
EPS (basic)	$2.22	$2.83	$3.19	$2.50	$2.17	$1.38	$6.98	$5.01	$2.51	$2.09
EPS (diluted)	$2.22	$2.82	$3.18	$2.49	$2.16	$1.38	$6.95	$4.98	$2.50	$2.08
Diluted shares	146.60M	147.00M	147.30M	147.10M	147.10M	145.90M	145.20M	145.60M	142.70M	139.10M
Gross margin	24.6%	25.7%	26.7%	23.6%	22.7%	20.3%	26.8%	27.3%	21.7%	20.6%
Operating margin	16.4%	16.9%	17.8%	14.7%	12.9%	10.8%	16.5%	16.5%	10.3%	8.9%
Net margin	10.3%	12.2%	12.7%	9.6%	8.7%	4.9%	18.9%	11.2%	5.5%	4.4%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$57.10M	$55.60M	$12.20M	$1.36B	$783.50M	$525.00M	$304.80M	$71.40M	$70.70M	$68.20M
Receivables	$185.20M	$225.90M	$340.10M	$342.10M	$366.90M	$447.30M	$724.20M	$743.60M	$781.60M	$779.10M
Inventory	$525.00M	$549.70M	$498.30M	$486.70M	$513.50M	$574.40M	$932.00M	$1.14B	$1.04B	$968.50M
Total current assets	$858.20M	$930.40M	$961.50M	$2.30B	$1.78B	$1.66B	$2.13B	$2.09B	$2.03B	$2.01B
Goodwill	$133.00M	$135.10M	$205.90M	$303.80M	$334.50M	$318.00M	$1.04B	$1.06B	$1.09B	$1.13B
Total assets	$2.49B	$2.75B	$3.05B	$4.66B	$4.21B	$4.14B	$6.52B	$7.37B	$7.39B	$7.38B
Total current liabilities	$555.40M	$518.70M	$552.80M	$1.02B	$618.20M	$699.10M	$1.36B	$1.62B	$1.48B	$1.42B
Short-term debt	$22.00M	$9.60M	$8.40M	$498.70M	$32.00M	$32.20M	$160.60M	$326.30M	$370.80M	$249.40M
Long-term debt	$2.37B	$2.34B	$2.28B	$2.99B	$2.71B	$2.70B	$3.25B	$3.84B	$3.77B	$3.68B
Total debt	$2.39B	$2.35B	$2.29B	$3.49B	$2.74B	$2.73B	$3.41B	$4.16B	$4.14B	$3.92B
Total liabilities	$3.13B	$3.09B	$3.05B	$4.42B	$3.73B	$3.78B	$5.11B	$5.58B	$5.65B	$5.56B
Shareholders' equity	-$647.20M	-$334.80M	-$4.60M	$240.00M	$480.60M	$360.50M	$1.41B	$1.79B	$1.74B	$1.82B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$446.90M	$481.20M	$680.90M	$574.00M	$552.70M	$418.60M	$761.70M	$798.20M	$868.30M	$942.90M
Capital expenditures	$287.40M	$306.80M	$334.20M	$167.70M	$147.20M	$290.10M	$654.00M	$929.50M	$638.20M	$402.70M
Free cash flow	$159.50M	$174.40M	$346.70M	$406.30M	$405.50M	$128.50M	$107.70M	-$131.30M	$230.10M	$540.20M
Investing cash flow	-$285.30M	-$306.80M	-$423.00M	-$346.00M	-$162.50M	-$310.50M	-$1.34B	-$984.10M	-$648.00M	-$380.20M
Financing cash flow	-$142.00M	-$178.90M	-$299.60M	$1.12B	-$974.00M	-$363.40M	$340.80M	-$48.00M	-$225.00M	-$569.10M
Dividends paid	$27.40M	$110.20M	$113.30M	$121.30M	$135.30M	$138.40M	$146.10M	$174.00M	$206.90M	$207.50M
Stock-based compensation	$5.70M	$13.50M	$18.80M	$22.80M	$20.60M	$21.30M	$38.50M	$46.80M	$39.50M	$46.20M
Depreciation & amortization	$109.10M	$143.30M	$162.40M	$182.30M	$187.80M	$192.10M	$222.80M	$306.80M	$374.80M	$396.70M

Income statement

quarters · USD

Quarter ended	Nov 2023	Feb 2024	May 2024	Aug 2024	Nov 2024	Feb 2025	May 2025	Aug 2025	Nov 2025	Feb 2026	May 2026	Aug 2026
Revenue	$1.73B	$1.46B	$1.61B	$1.65B	$1.60B	$1.52B	$1.68B	$1.66B	$1.62B	$1.56B	$1.77B	$1.67B
Cost of revenue	$1.26B	$1.05B	$1.22B	$1.30B	$1.32B	$1.10B	$1.33B	$1.32B	$1.29B	$1.23B	$1.41B	$1.40B
Gross profit	$475.60M	$403.70M	$387.90M	$356.00M	$277.80M	$422.50M	$342.30M	$342.40M	$324.30M	$331.60M	$361.40M	$266.50M
Selling, general & admin	$170.00M	$179.80M	$175.40M	$143.90M	$184.70M	$164.20M	$140.70M	$153.60M	$171.00M	$156.80M	$183.20M	$170.20M
Operating income	$305.60M	$223.90M	$212.50M	$212.10M	$18.50M	$248.70M	$185.80M	$156.50M	$139.20M	$126.60M	$168.80M	$82.20M
Pre-tax income	$281.20M	$189.20M	$180.40M	$178.20M	-$22.70M	$203.50M	$141.30M	$112.20M	$98.10M	$84.30M	$123.50M	$46.00M
Income tax	$66.20M	$43.10M	$50.70M	$50.80M	$13.40M	$57.50M	$21.40M	$47.90M	$36.00M	$30.30M	$13.90M	$16.90M
Net income	$215.00M	$146.10M	$129.70M	$127.40M	-$36.10M	$146.00M	$119.90M	$64.30M	$62.10M	$54.00M	$109.60M	$29.10M
EBITDA	$376.20M	$303.20M	$299.30M	$302.60M	$139.00M	$317.50M	$280.80M	$251.80M	$235.40M	$226.90M	$273.70M	$183.10M
EPS (basic)	$1.48	$1.01	$0.90	$0.89	$-0.25	$1.03	$0.85	$0.46	$0.45	$0.39	$0.79	$0.21
EPS (diluted)	$1.48	$1.01	$0.89	$0.88	$-0.25	$1.03	$0.84	$0.46	$0.44	$0.39	$0.79	$0.21
Diluted shares	145.50M	145.30M	-200.00K	144.20M	143.20M	142.40M	-500.00K	139.80M	139.60M	139.30M	-500.00K	138.10M
Gross margin	27.5%	27.7%	24.1%	21.5%	17.4%	27.8%	20.4%	20.6%	20.0%	21.2%	20.4%	16.0%
Operating margin	17.6%	15.4%	13.2%	12.8%	1.2%	16.4%	11.1%	9.4%	8.6%	8.1%	9.5%	4.9%
Net margin	12.4%	10.0%	8.0%	7.7%	-2.3%	9.6%	7.2%	3.9%	3.8%	3.5%	6.2%	1.7%

Balance sheet

quarters · USD

Quarter ended	Nov 2023	Feb 2024	May 2024	Aug 2024	Nov 2024	Feb 2025	May 2025	Aug 2025	Nov 2025	Feb 2026	May 2026	Aug 2026
Cash & equivalents	$78.30M	$62.30M	$71.40M	$120.80M	$79.00M	$67.50M	$70.70M	$98.60M	$82.70M	$57.50M	$68.20M	$166.30M
Receivables	$766.20M	$736.20M	$743.60M	$720.90M	$695.00M	$716.60M	$781.60M	$772.70M	$742.20M	$750.50M	$779.10M	$787.70M
Inventory	$1.15B	$1.21B	$1.14B	$1.14B	$1.33B	$1.25B	$1.04B	$906.80M	$1.12B	$1.09B	$968.50M	$965.30M
Total current assets	$2.08B	$2.16B	$2.09B	$2.06B	$2.19B	$2.20B	$2.03B	$1.87B	$2.01B	$2.06B	$2.01B	$2.05B
Goodwill	$1.07B	$1.06B	$1.06B	$1.09B	$1.03B	$1.03B	$1.09B	$1.11B	$1.10B	$1.14B	$1.13B	$1.12B
Total assets	$7.05B	$7.25B	$7.37B	$7.51B	$7.45B	$7.42B	$7.39B	$7.24B	$7.33B	$7.39B	$7.38B	$7.32B
Total current liabilities	$1.62B	$1.82B	$1.62B	$1.73B	$1.63B	$1.62B	$1.48B	$1.26B	$1.40B	$1.41B	$1.42B	$1.41B
Short-term debt	$297.00M	$540.80M	$326.30M	$530.40M	$320.50M	$485.20M	$370.80M	$215.40M	$187.00M	$269.20M	$249.40M	$279.30M
Long-term debt	$3.25B	$3.18B	$3.84B	$3.44B	$3.69B	$3.68B	$3.77B	$3.67B	$3.65B	$3.64B	$3.68B	$3.58B
Total debt	$3.55B	$3.72B	$4.16B	$3.97B	$4.01B	$4.17B	$4.14B	$3.89B	$3.84B	$3.91B	$3.92B	$3.86B
Total liabilities	$5.38B	$5.49B	$5.58B	$5.68B	$5.82B	$5.79B	$5.65B	$5.45B	$5.58B	$5.57B	$5.56B	$5.52B
Shareholders' equity	$1.67B	$1.76B	$1.79B	$1.84B	$1.63B	$1.63B	$1.74B	$1.79B	$1.75B	$1.83B	$1.82B	$1.81B

Cash flow

quarters · USD

Quarter ended	Nov 2023	Feb 2024	May 2024	Aug 2024	Nov 2024	Feb 2025	May 2025	Aug 2025	Nov 2025	Feb 2026	May 2026	Aug 2026
Operating cash flow	$120.60M	$26.30M	$316.70M	$330.20M	$99.10M	$56.00M	$383.00M	$352.00M	$178.40M	$65.20M	$347.30M	$234.80M
Capital expenditures	$240.30M	$255.80M	$166.10M	$325.90M	$148.70M	$75.80M	$87.80M	$77.60M	$77.40M	$101.50M	$146.20M	$88.70M
Free cash flow	-$119.70M	-$229.50M	$150.60M	$4.30M	-$49.60M	-$19.80M	$295.20M	$274.40M	$101.00M	-$36.30M	$201.10M	$146.10M
Investing cash flow	-$266.00M	-$254.00M	-$159.30M	-$335.60M	-$149.30M	-$74.10M	-$89.00M	-$76.30M	-$61.00M	-$100.70M	-$142.20M	-$90.90M
Financing cash flow	$59.70M	$212.10M	-$148.10M	$52.20M	$11.10M	$6.10M	-$294.40M	-$248.50M	-$133.30M	$7.70M	-$195.00M	-$46.30M
Dividends paid	$40.80M	$40.40M	$52.00M	$51.70M	$51.60M	$51.40M	$52.20M	$51.70M	$51.60M	$51.40M	$52.80M	$52.20M
Stock-based compensation	$12.30M	$12.20M	$12.40M	$9.50M	$12.40M	$9.10M	$8.50M	$10.60M	$9.50M	$10.50M	$15.60M	$15.10M
Depreciation & amortization	$70.60M	$79.30M	$86.80M	$90.50M	$120.50M	$68.80M	$95.00M	$95.30M	$96.20M	$100.30M	$104.90M	$100.90M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.