Lamb Weston Holdings (LW) Operating Margin (2015 - 2026)
Lamb Weston Holdings (LW) posted Operating Margin of 9.54% for fiscal Q4 2026 (quarter ended May 31, 2026), down 1.55 percentage points from 11.09% a year earlier but up 1.45 percentage points from the prior quarter.
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Analysis
Lamb Weston Holdings (LW) Operating Margin (2015 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Lamb Weston Holdings' Operating Margin came in at 8.94%, down 1.37 percentage points from FY2025.
- Annual Operating Margin has declined for three consecutive fiscal years, with a five-year change of -3.99 percentage points (FY2021 to FY2026).
- In prior fiscal years, Lamb Weston Holdings' Operating Margin was 10.31% in FY2025 (-6.16 pp), 16.47% in FY2024 (-0.01 pp), 16.49% in FY2023 (+5.64 pp) and 10.84% in FY2022 (-2.09 pp).
- Quarterly Operating Margin has run from a low of 1.16% in fiscal Q2 2025 to a high of 21.29% in fiscal Q2 2023 over five years.
- On a year-over-year basis, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -3.74 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q2 2023, with a gain of 9.93 percentage points; the weakest was fiscal Q2 2025, with a drop of 16.49 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was 8.09% (Q3 2026), 8.60% (Q2 2026) and 9.43% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 133.59 Bn | 108.95 Bn | - | - |
| 2 | Mondelez International | 75.71 Bn | 69.03 Bn | 3.99 Bn | 20.80% |
| 3 | Hershey | 32.64 Bn | 28.88 Bn | 1.26 Bn | 23.06% |
| 4 | Kraft Heinz | 27.82 Bn | 14.35 Bn | 2.03 Bn | -102.70% |
| 5 | General Mills | 18.09 Bn | 15.75 Bn | 1.49 Bn | 14.43% |
| 6 | Mccormick | 13.03 Bn | 12.90 Bn | 778.20 Mn | 14.27% |
| 7 | J M Smucker | 12.89 Bn | 12.68 Bn | 979.60 Mn | 23.05% |
| 8 | Hormel Foods | 10.92 Bn | 7.61 Bn | 471.52 Mn | 3.75% |
| 9 | Chewy | 7.33 Bn | 4.62 Bn | 1.01 Bn | 2.76% |
| 10 | Lamb Weston Holdings | 5.95 Bn | 5.64 Bn | 361.40 Mn | 9.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 9.54% |
| Feb 22, 2026 | 8.09% |
| Nov 23, 2025 | 8.60% |
| Aug 24, 2025 | 9.43% |
| May 25, 2025 | 11.09% |
| Feb 23, 2025 | 16.36% |
| Nov 24, 2024 | 1.16% |
| Aug 25, 2024 | 12.82% |
| May 26, 2024 | 13.18% |
| Feb 25, 2024 | 15.35% |
| Nov 26, 2023 | 17.64% |
| Aug 27, 2023 | 19.41% |
| May 28, 2023 | 11.03% |
| Feb 26, 2023 | 21.24% |
| Nov 27, 2022 | 21.29% |
| Aug 28, 2022 | 13.95% |
| May 29, 2022 | 11.79% |
| Feb 27, 2022 | 14.01% |
| Nov 28, 2021 | 11.36% |
| Aug 29, 2021 | 6.12% |
API Access
Lamb Weston Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=LW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "LW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=LW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();