Lamb Weston Holdings (LW) Gross Margin (2015 - 2026)
Lamb Weston Holdings' (LW) quarterly Gross Margin came in at 20.42% in Q2 2026, down 1.0% year-over-year from 20.62% in Q2 2025, and down 3.65% quarter-over-quarter from 21.19% in Q1 2026.
Analysis
Lamb Weston Holdings (LW) Gross Margin (2015 - 2026) Analysis & Trends
Lamb Weston Holdings has disclosed Gross Margin across 12 years of filings, most recently posting 20.42% for Q2 2026.
- In Q2 2026, Gross Margin fell 1.0% year-over-year to 20.42%; the TTM figure through May 2026 stood at 20.56% (down 112.0% YoY), while the FY2026 annual figure was 20.56%, down 112.0% from the prior year.
- Gross Margin came in at 20.42% for Q2 2026 at Lamb Weston Holdings, down from 21.19% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 31.73% in Q1 2023 to a low of 17.35% in Q4 2024.
- Average Gross Margin over 5 years is 24.0%, with a median of 22.76% recorded in 2022.
- Year-over-year, Gross Margin surged 948 bps in 2022 and sank 1011 bps in 2024.
- Over 5 years, Gross Margin stood at 29.89% in 2022, then retreated by 8 bps to 27.46% in 2023, then tumbled by 37 bps to 17.35% in 2024, then increased by 15 bps to 20.04% in 2025, then advanced by 2 bps to 20.42% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 20.42% in Q2 2026, 21.19% in Q1 2026, and 20.04% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.93 Bn | 26.25 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 19.30 Bn | 18.85 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 13.76 Bn | 13.43 Bn | 778.20 Mn | 40.18% |
| 4 | J M Smucker | 12.92 Bn | 12.88 Bn | 979.60 Mn | 44.14% |
| 5 | Hormel Foods | 11.47 Bn | 10.60 Bn | 471.52 Mn | 15.92% |
| 6 | Chewy | 8.74 Bn | 8.22 Bn | 1.01 Bn | 30.13% |
| 7 | Conagra Brands | 7.04 Bn | 6.82 Bn | 704.10 Mn | 24.43% |
| 8 | Lamb Weston Holdings | 6.57 Bn | 6.50 Bn | 361.40 Mn | 20.42% |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 27.47% |
| 10 | Post Holdings | 3.62 Bn | 3.36 Bn | 566.30 Mn | 29.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 20.42% |
| Feb 22, 2026 | 21.19% |
| Nov 23, 2025 | 20.04% |
| Aug 24, 2025 | 20.64% |
| May 25, 2025 | 20.43% |
| Feb 23, 2025 | 27.79% |
| Nov 24, 2024 | 17.35% |
| Aug 25, 2024 | 21.52% |
| May 26, 2024 | 24.06% |
| Feb 25, 2024 | 27.68% |
| Nov 26, 2023 | 27.46% |
| Aug 27, 2023 | 29.99% |
| May 28, 2023 | 22.38% |
| Feb 26, 2023 | 31.73% |
| Nov 27, 2022 | 29.89% |
| Aug 28, 2022 | 24.28% |
| May 29, 2022 | 22.04% |
| Feb 27, 2022 | 23.14% |
| Nov 28, 2021 | 20.42% |
| Aug 29, 2021 | 15.37% |