Lamb Weston Holdings (LW) Current Taxes (2016 - 2023)
Lamb Weston Holdings' Current Taxes was $36.5 million in fiscal Q2 2024 (quarter ended Nov 26, 2023), up 113.5% from $17.1 million a year earlier but down 44.3% from the prior quarter.
Lamb Weston Holdings (LW) Current Taxes (2016 - 2023) Analysis & Trends
At the end of FY2023 (ended May 28, 2023), Current Taxes at Lamb Weston Holdings came in at $21.2 million, up 75.2% from FY2022.
- Current Taxes shows a five-year compound annual growth rate of 46.9% (FY2018 to FY2023).
- In earlier fiscal years, Current Taxes was $12.1 million in FY2022, $800,000 in FY2021 (-38.5%), $1.3 million in FY2020 (+160.0%) and $500,000 in FY2019 (-83.9%).
- Quarterly Current Taxes has moved between $500,000 (fiscal Q4 2019) and $65.5 million (fiscal Q1 2024) over five years.
- Compared with a year earlier, Current Taxes has increased for three straight quarters.
- The best year-over-year quarter for Current Taxes over five years was fiscal Q3 2021 (growth of 593.3%); the worst was fiscal Q3 2020 (a decline of 89.7%).
- Per Business Quant data, LW's Current Taxes in the three fiscal quarters before Q2 2024 was $65.5 million (Q1 2024), $21.2 million (Q4 2023) and $12.5 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 141.33 Bn | 92.78 Bn | - | 1.04 Bn |
| 2 | Mondelez International | 80.66 Bn | 73.93 Bn | 3.99 Bn | - |
| 3 | Hershey | 34.29 Bn | 30.53 Bn | 1.26 Bn | 59.60 Mn |
| 4 | Kraft Heinz | 27.96 Bn | 14.38 Bn | 2.03 Bn | - |
| 5 | General Mills | 17.72 Bn | 15.36 Bn | 1.49 Bn | - |
| 6 | J M Smucker | 13.71 Bn | 13.49 Bn | 979.60 Mn | - |
| 7 | Mccormick | 12.55 Bn | 11.62 Bn | 794.90 Mn | - |
| 8 | Hormel Foods | 11.19 Bn | 7.86 Bn | 471.52 Mn | 10.69 Mn |
| 9 | Chewy | 8.64 Bn | 5.93 Bn | 1.01 Bn | - |
| 10 | Lamb Weston Holdings | 7.37 Bn | 6.99 Bn | 266.50 Mn | - |
Historic 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 |
Lamb Weston Holdings Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=LW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "LW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=LW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();