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
DateValue
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