Lamb Weston Holdings (LW) Gross Margin (2015 - 2026)
Lamb Weston Holdings' Gross Margin came in at 15.96% for fiscal Q1 2027 (quarter ended Aug 30, 2026), down 4.68 percentage points from 20.64% a year earlier and down 4.46 percentage points from the prior quarter.
Lamb Weston Holdings (LW) Gross Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 30, 2026, Lamb Weston Holdings reported Gross Margin of 19.38%, down 2.07 percentage points year-over-year; for FY2026 (ended May 31, 2026), it came in at 20.56%, down 1.12 percentage points from FY2025.
- Gross Margin carries a five-year change of -2.10 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 21.68% in FY2025 (-5.64 pp), 27.32% in FY2024 (+0.55 pp), 26.77% in FY2023 (+6.47 pp) and 20.30% in FY2022 (-2.37 pp).
- The fiscal Q1 2027 figure represents the lowest quarterly Gross Margin since fiscal Q1 2022.
- Year-over-year, Gross Margin has declined for three consecutive quarters, with an average year-over-year change of -2.89 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q2 2023 (a gain of 9.48 percentage points), and the weakest in fiscal Q2 2025 (a drop of 10.11 percentage points).
- Business Quant data shows LW's Gross Margin at 20.42% (Q4 2026), 21.19% (Q3 2026) and 20.04% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 139.34 Bn | 90.80 Bn | - | - |
| 2 | Mondelez International | 80.33 Bn | 73.60 Bn | 3.99 Bn | 42.61% |
| 3 | Hershey | 33.19 Bn | 29.44 Bn | 1.26 Bn | 45.32% |
| 4 | Kraft Heinz | 26.86 Bn | 13.28 Bn | 2.03 Bn | 32.39% |
| 5 | General Mills | 17.22 Bn | 14.87 Bn | 1.49 Bn | 33.88% |
| 6 | J M Smucker | 13.01 Bn | 12.79 Bn | 979.60 Mn | 44.14% |
| 7 | Mccormick | 12.02 Bn | 11.09 Bn | 794.90 Mn | 39.26% |
| 8 | Hormel Foods | 10.90 Bn | 7.56 Bn | 471.52 Mn | 15.92% |
| 9 | Chewy | 8.45 Bn | 5.74 Bn | 1.01 Bn | 30.36% |
| 10 | Lamb Weston Holdings | 7.28 Bn | 6.91 Bn | 266.50 Mn | 15.96% |
Historic Data
| Date | Value |
|---|---|
| Aug 30, 2026 | 15.96% |
| 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% |
Lamb Weston Holdings Gross Margin 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=gross-margin&ticker=LW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=LW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();