Lamb Weston Holdings, Inc. engages in the production, distribution, and marketing of frozen potato products in the United States, Canada, Mexico, and internationally. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. The company also provides its products under its owned or licensed brands, such as Grown in Idaho and Alexia, and other licensed brands, as well as under retailers' own brands. It sells its products through a network of internal sales personnel and independent brokers, agents, and distributors to quick service and full-service restaurants and chains, wholesale, grocery, mass merchants, club retailers, and specialty retailers, as well as foodservice distributors and institutions, including businesses, educational institutions, independent restaurants, regional chain restaurants, and convenience stores. Lamb Weston Holdings, Inc. was incorporated in 1950 and is headquartered in Eagle, Idaho.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $6.5B | $1.1B | $357M | $230M | 20.6% | -0.3% | -50.8% |
| 2024 | $6.5B | $1.4B | $726M | $-131M | 40.6% | 20.9% | -28.1% |
| 2023 | $5.4B | $1.1B | $1.0B | $108M | 71.5% | 30.5% | 402.2% |
| 2022 | $4.1B | $637M | $201M | $129M | 55.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 4,098.90 | 5,350.60 | 6,467.60 | 6,451.30 |
| Cost Of Revenue | - | 3,266.90 | 3,918.50 | 4,700.90 | 5,052.70 |
| Gross Profit | - | 832 | 1,432.10 | 1,766.70 | 1,398.60 |
| Operating Expense | - | 387.60 | 550 | 701.40 | 633.50 |
| Operating Income | - | 444.40 | 882.10 | 1,065.30 | 765.10 |
| EBITDA | - | 636.50 | 1,104.90 | 1,372.10 | 1,072.60 |
| EBIT | - | 444.40 | 882.10 | 1,065.30 | 665.10 |
| Pretax Income | - | 283.40 | 772.90 | 929.50 | 485.10 |
| Tax Provision | - | 71.80 | 224.60 | 230 | 143.10 |
| Net Income | - | 200.90 | 1,008.90 | 725.50 | 357.20 |
| Net Income Common Stockholders | - | 200.90 | 1,008.90 | 725.50 | 357.20 |
| Total Expenses | - | 3,654.50 | 4,468.50 | 5,402.30 | 5,686.20 |
| Interest Expense | - | 161 | 109.20 | 135.80 | 180 |
| Selling General And Administration | - | 387.60 | 550 | 701.40 | 633.50 |
| Normalized EBITDA | - | 636.50 | 1,104.90 | 1,372.10 | 1,172.60 |
| Normalized Income | - | 200.90 | 1,008.90 | 725.50 | 428.60 |
| Market Cap | 6,119.39 | 6,119.39 | 6,119.39 | 6,119.39 | 6,119.39 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Lamb Weston Holdings, Inc.this co. | LW | $6.3B | 17.13β premium | 3.52 | 20.6% | 9.51 |
| Conagra Brands, Inc. | CAG | $6.8B | 5.88 | 0.76 | 12.9% | 7.52 |
| The Campbell's Company | CPB | $6.1B | 10.21 | 1.58 | 15.4% | 8.40 |
| PriceSmart, Inc. | PSMT | $4.9B | 33.66 | 3.99 | 11.9% | 16.54 |
| Laureate Education, Inc. | LAUR | $4.6B |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.71 |
| 3.72 |
| 23.7% |
| 9.17 |
| Stride, Inc. | LRN | $4.2B | 14.51 | 2.82 | 19.5% | 7.76 |
| Covista Inc. | CVSA | $4.0B | 15.67 | 2.59 | 16.5% | 10.04 |
| Cal-Maine Foods, Inc. | CALM | $3.7B | 2.96 | 1.41 | 47.6% | - |
| Freshpet, Inc. | FRPT | $3.2B | 23.32 | 2.68 | 11.5% | 19.83 |
| Peer Median | - | 15.09 | 2.64 | 16.0% | 9.17 | |