Lamb Weston Holdings (LW) Long-Term Deferred Tax (2016 - 2023)
Lamb Weston Holdings (LW) posted Long-Term Deferred Tax of $3.3 million for Q2 2023, up 22.22% sequentially from $2.7 million in Q2 2022, and up 22.22% YoY from $2.7 million in Q2 2022.
Lamb Weston Holdings (LW) Long-Term Deferred Tax (2016 - 2023) Analysis & Trends
Lamb Weston Holdings has reported Long-Term Deferred Tax for 8 years, with the latest figure at $3.3 million 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 advanced to $3.3 million in Q2 2023 per LW's latest filing, from $2.7 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $3.3 million in Q2 2023 and troughed at $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.
- The sharpest annual moves came in 2019 and 2021: Long-Term Deferred Tax jumped 350.0% in 2019, then fell 4.35% in 2021.
- Over 5 years, Long-Term Deferred Tax stood at $1.8 million in 2019, then increased by 27.78% to $2.3 million in 2020, then fell by 4.35% to $2.2 million in 2021, then climbed by 22.73% to $2.7 million in 2022, then climbed 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 | 30.37 Bn | 27.69 Bn | 2.03 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn |
| 10 | Lamb Weston Holdings | 7.45 Bn | 7.38 Bn | 361.40 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 |