Lamb Weston Holdings, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.61B | $6.45B | $6.47B | $5.35B | $4.10B | $3.67B | $3.79B | $3.76B |
| Cost of Revenue | $5.25B | $5.05B | $4.70B | $3.92B | $3.27B | $2.84B | $2.90B | $2.75B |
| Gross Profit | $1.36B | $1.40B | $1.77B | $1.43B | $832.0M | $832.0M | $895.2M | $1.00B |
| Gross Margin | 20.6% | 21.7% | 27.3% | 26.8% | 20.3% | 22.7% | 23.6% | 26.7% |
| Operating Expenses | ||||||||
| Research & Development | $18.9M | $22.0M | $26.4M | $17.2M | $16.2M | $12.9M | $15.4M | $15.4M |
| SG&A Expense | $664.6M | $633.5M | $701.4M | $550.0M | $387.6M | $357.2M | $338.3M | $335.1M |
| Operating Income | $591.1M | $665.1M | $1.07B | $882.1M | $444.4M | $474.8M | $556.9M | $668.4M |
| Operating Margin | 8.9% | 10.3% | 16.5% | 16.5% | 10.8% | 12.9% | 14.7% | 17.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $418.1M | $500.3M | $955.5M | $1.23B | $272.7M | $408.3M | $478.2M | $620.8M |
| Income Tax Expense | $128.1M | $143.1M | $230.0M | $224.6M | $71.8M | $90.5M | $112.3M | $133.6M |
| Net Income | $290.0M | $357.2M | $725.5M | $1.01B | $200.9M | $317.8M | $365.9M | $478.6M |
| Net Margin | 4.4% | 5.5% | 11.2% | 18.9% | 4.9% | 8.7% | 9.6% | 12.7% |
| EPS (Basic) | $2.09 | $2.51 | $5.01 | $6.98 | $1.38 | $2.17 | $2.50 | $3.19 |
| EPS (Diluted) | $2.08 | $2.50 | $4.98 | $6.95 | $1.38 | $2.16 | $2.49 | $3.18 |
| Shares Outstanding (Basic) | 138.9M | 142.2M | 144.9M | 144.5M | 145.5M | 146.4M | 146.2M | 146.5M |
| Shares Outstanding (Diluted) | 139.1M | 142.7M | 145.6M | 145.2M | 145.9M | 147.1M | 147.1M | 147.3M |
| Dividends Per Share | $1.50 | $1.46 | $1.28 | $1.05 | $0.96 | $0.93 | $0.86 | $0.78 |