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| Date | Value |
|---|---|
| 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 |