Lamb Weston Holdings (LW) Current Taxes (2016 - 2023)

Lamb Weston Holdings (LW) posted quarterly Current Taxes of $36.5 million for Q4 2023, up 113.45% year-on-year from $17.1 million in Q4 2022, and down 44.27% on a QoQ basis from $65.5 million in Q3 2023.

Lamb Weston Holdings (LW) Current Taxes (2016 - 2023) Analysis & Trends

Lamb Weston Holdings (LW) has reported Current Taxes for 8 consecutive years, with $36.5 million the latest figure, recorded in Q4 2023.

  • Quarterly Current Taxes rose 113.45% year-over-year to $36.5 million in Q4 2023, while the trailing twelve-month figure through Nov 2023 was $36.5 million (up 113.45% YoY) and the FY2023 annual result came in at $21.2 million, up 75.21% from the prior year.
  • Current Taxes slipped to $36.5 million in Q4 2023 per LW's latest filing, from $65.5 million in the prior quarter.
  • Over the last five years, Current Taxes for LW reached as high as $65.5 million in Q3 2023 and fell as low as $500000.0 in Q2 2019.
  • A 5-year average of $15.6 million and a median of $12.1 million in 2022 frame the typical range for Current Taxes.
  • Annual changes were most pronounced in 2020 — Current Taxes slumped 89.66% — and 2022, when it soared 1412.5%.
  • Year by year, Current Taxes stood at $2.0 million in 2019, then surged by 590.0% to $13.8 million in 2020, then sank by 94.2% to $800000.0 in 2021, then jumped by 2037.5% to $17.1 million in 2022, then surged by 113.45% to $36.5 million in 2023.
  • According to Business Quant data, Current Taxes over the past three periods registered $36.5 million, $65.5 million, and $21.2 million for Q4 2023, Q3 2023, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn -
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn -
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 3.06 Mn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn -
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - 48.89 Mn
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn -
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 17.69 Mn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn -
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 132.73 Mn

Historic Data

Download Data
DateValue
Nov 26, 2023 36.50 Mn
Aug 27, 2023 65.50 Mn
May 28, 2023 21.20 Mn
Feb 26, 2023 12.50 Mn
Nov 27, 2022 17.10 Mn
Aug 28, 2022 36.10 Mn
May 29, 2022 12.10 Mn
May 30, 2021 800,000.00
Feb 28, 2021 10.40 Mn
Nov 29, 2020 13.80 Mn
Aug 30, 2020 11.00 Mn
May 31, 2020 1.30 Mn
Feb 23, 2020 1.50 Mn
Nov 24, 2019 2.00 Mn
Aug 25, 2019 8.10 Mn
May 26, 2019 500,000.00
Feb 24, 2019 14.50 Mn
Nov 25, 2018 3.70 Mn
Aug 26, 2018 10.10 Mn
May 27, 2018 3.10 Mn