Lifeway Foods (LWAY) Operating Margin (2010 - 2025)
Lifeway Foods' (LWAY) quarterly Operating Margin came in at 6.8% in Q4 2025, up 528.0% on a YoY basis from 1.08% in Q4 2024, and down 22.93% quarter-over-quarter from 8.82% in Q3 2025.
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Lifeway Foods (LWAY) Operating Margin (2010 - 2025) Analysis & Trends
Lifeway Foods (LWAY) has reported Operating Margin for 16 consecutive years, with 6.8% the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin rose 528.0% year-over-year to 6.8%; the trailing twelve-month figure through Dec 2025 stood at 7.61% (up 20.0% YoY), and the FY2025 full-year result was 7.61%, up 20.0% from the prior year.
- Operating Margin declined to 6.8% in Q4 2025 per LWAY's latest filing, from 8.82% in the prior quarter.
- Across five years, Operating Margin topped out at 13.67% in Q4 2023 and bottomed at 3.08% in Q1 2022.
- Historically, Operating Margin has averaged 6.37% across 5 years, with a median of 6.69% in 2021.
- The sharpest annual moves came in 2023 and 2024: Operating Margin jumped 1143 bps in 2023, then plunged 1215 bps in 2024.
- Over 5 years, Operating Margin stood at 1.31% in 2021, then jumped by 318 bps to 5.47% in 2022, then jumped by 150 bps to 13.67% in 2023, then plunged by 89 bps to 1.52% in 2024, then soared by 347 bps to 6.8% in 2025.
- According to Business Quant data, Operating Margin over the past three periods registered 6.8%, 8.82%, and 10.75% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.22 Bn | 26.54 Bn | 2.03 Bn | -102.70% |
| 2 | General Mills | 19.94 Bn | 19.49 Bn | 1.60 Bn | -45.40% |
| 3 | Mccormick | 13.84 Bn | 13.51 Bn | 778.20 Mn | 14.27% |
| 4 | J M Smucker | 13.17 Bn | 13.13 Bn | 979.60 Mn | 23.05% |
| 5 | Hormel Foods | 11.54 Bn | 10.67 Bn | 471.52 Mn | 3.75% |
| 6 | Chewy | 8.46 Bn | 7.94 Bn | 1.01 Bn | 3.83% |
| 7 | Conagra Brands | 7.25 Bn | 7.03 Bn | 704.10 Mn | -57.54% |
| 8 | Lamb Weston Holdings | 6.67 Bn | 6.60 Bn | 361.40 Mn | 9.54% |
| 9 | Campbell'S | 6.51 Bn | 6.10 Bn | 650.00 Mn | 10.10% |
| 10 | Lifeway Foods | 376.28 Mn | 370.70 Mn | 15.36 Mn | 6.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 6.80% |
| Sep 30, 2025 | 8.82% |
| Jun 30, 2025 | 10.75% |
| Mar 31, 2025 | 3.41% |
| Dec 31, 2024 | 1.52% |
| Sep 30, 2024 | 9.09% |
| Jun 30, 2024 | 10.96% |
| Mar 31, 2024 | 7.98% |
| Dec 31, 2023 | 13.67% |
| Sep 30, 2023 | 12.32% |
| Jun 30, 2023 | 12.15% |
| Mar 31, 2023 | 3.79% |
| Dec 31, 2022 | 5.47% |
| Sep 30, 2022 | 3.13% |
| Jun 30, 2022 | 0.72% |
| Mar 31, 2022 | -3.08% |
| Dec 31, 2021 | 1.31% |
| Sep 30, 2021 | 3.53% |
| Jun 30, 2021 | 8.55% |
| Mar 31, 2021 | 6.59% |