Lamb Weston Holdings (LW) Gross Margin (2015 - 2026)
Lamb Weston Holdings (LW) posted Gross Margin of 20.42% for Q2 2026, down 3.65% sequentially from 21.19% in Q1 2026, and down 1.0% YoY from 20.62% in Q2 2025.
Lamb Weston Holdings (LW) Gross Margin (2015 - 2026) Analysis & Trends
Lamb Weston Holdings has reported Gross Margin for 12 years, with the latest figure at 20.42% in Q2 2026.
- Quarterly Gross Margin fell 1.0% year-over-year to 20.42% in Q2 2026, while the trailing twelve-month figure through May 2026 was 20.56% (down 112.0% YoY) and the FY2026 annual result came in at 20.56%, down 112.0% from the prior year.
- Gross Margin retreated to 20.42% in Q2 2026 per LW's latest filing, from 21.19% in the prior quarter.
- Over five years, Gross Margin peaked at 31.73% in Q1 2023 and troughed at 17.35% in Q4 2024.
- A 5-year average of 24.0% and a median of 22.76% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin soared 948 bps in 2022, then slumped 1011 bps in 2024.
- Over 5 years, Gross Margin stood at 29.89% in 2022, then slipped by 8 bps to 27.46% in 2023, then sank by 37 bps to 17.35% in 2024, then gained by 15 bps to 20.04% in 2025, then grew by 2 bps to 20.42% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 20.42%, 21.19%, and 20.04% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 40.18% |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 10.79% |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 38.01% |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 17.44% |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 29.20% |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 12.92% |
| 10 | Lamb Weston Holdings | 7.45 Bn | 7.38 Bn | 361.40 Mn | 20.42% |
Historic Data
Download 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% |