Lamb Weston Holdings (LW) Long-Term Deferred Tax (2016 - 2023)
Lamb Weston Holdings (LW) posted quarterly Long-Term Deferred Tax of $3.3 million for Q2 2023, up 22.22% year-on-year from $2.7 million in Q2 2022, and up 22.22% on a QoQ basis from $2.7 million in Q2 2022.
Lamb Weston Holdings (LW) Long-Term Deferred Tax (2016 - 2023) Analysis & Trends
Lamb Weston Holdings (LW) has reported Long-Term Deferred Tax for 8 consecutive years, with $3.3 million the latest figure, recorded in Q2 2023.
- Quarterly Long-Term Deferred Tax rose 22.22% year-over-year to $3.3 million in Q2 2023, while the trailing twelve-month figure through May 2023 was $3.3 million (up 22.22% YoY) and the FY2023 annual result came in at $3.3 million, up 22.22% from the prior year.
- Long-Term Deferred Tax rose to $3.3 million in Q2 2023 per LW's latest filing, from $2.7 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for LW reached as high as $3.3 million in Q2 2023 and fell as low as $1.8 million in Q2 2019.
- A 5-year average of $2.5 million and a median of $2.3 million in 2020 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2019 — Long-Term Deferred Tax soared 350.0% — and 2021, when it decreased 4.35%.
- Year by year, Long-Term Deferred Tax stood at $1.8 million in 2019, then advanced by 27.78% to $2.3 million in 2020, then slipped by 4.35% to $2.2 million in 2021, then rose by 22.73% to $2.7 million in 2022, then rose by 22.22% to $3.3 million in 2023.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $3.3 million, $2.7 million, and $2.2 million for Q2 2023, Q2 2022, and Q2 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 28, 2023 | 3.30 Mn |
| May 29, 2022 | 2.70 Mn |
| May 30, 2021 | 2.20 Mn |
| May 31, 2020 | 2.30 Mn |
| May 26, 2019 | 1.80 Mn |
| May 27, 2018 | 400,000.00 |
| May 28, 2017 | 500,000.00 |
| May 29, 2016 | 2.20 Mn |