Lamb Weston Holdings (LW) Gross Margin (2015 - 2026)

Lamb Weston Holdings (LW) reported Gross Margin of 21.19% for Q1 2026, down 660.0% on a YoY basis from 3.78% in Q1 2025, and up 5.73% sequentially from 20.04% in Q4 2025.

Lamb Weston Holdings (LW) Gross Margin (2015 - 2026) Analysis & Trends

Lamb Weston Holdings (LW) has 12 years of Gross Margin data on file, last reported at 21.19% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 660.0% year-over-year to 21.19%; the trailing twelve-month figure through Feb 2026 stood at 20.57% (down 204.0% YoY), and the FY2025 full-year result was 21.68%, down 564.0% from the prior year.
  • Gross Margin improved to 21.19% in Q1 2026, from 20.04% 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.
  • A 5-year average of 24.21% and a median of 23.14% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 948 bps in 2022 and plunged 1011 bps in 2024, its largest moves.
  • Tracing LW's Gross Margin over 5 years: stood at 29.89% in 2022, then fell by 8 bps to 27.46% in 2023, then slumped by 37 bps to 17.35% in 2024, then grew by 15 bps to 20.04% in 2025, then grew by 6 bps to 21.19% in 2026.
  • Business Quant data shows LW's Gross Margin at 21.19% in Q1 2026, 20.04% in Q4 2025, and 20.64% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 36.70%
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn 34.79%
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 17.44%
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 40.18%
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 13.45%
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 26.11%
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn 33.43%
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 24.43%
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 21.19%

Historic Data

Download Data
DateValue
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%
May 30, 2021 19.65%