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NYSE · Consumer Staples

Lamb Weston Holdings, Inc. (LW)

As-reported financials and SEC filings for Lamb Weston Holdings, Inc. The latest annual period is FY2026. The latest reported quarter is Q4 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Lamb Weston Holdings, Inc.

Lamb Weston Holdings, Inc. produces, distributes, and markets value-added frozen potato products, primarily French fries, serving customers in over 100 countries. The company operates through two segments: North America, selling to restaurants, distributors, and retailers in the U.S., Canada, and Mexico; and International, serving similar customers outside North America. Lamb Weston also manages joint ventures and sources raw materials like potatoes and edible oils through long-term grower relationships and contracts.

Snapshot

Revenue
$6.61B
Revenue growth (YoY)
2.5%
Net income
$290.0M
Diluted EPS
$2.08
Gross margin
20.6%
Operating margin
8.9%
Net margin
4.4%
FCF margin
8.2%
ROE
15.9%
net income / fiscal-year-end equity
P/E
26.6×
trailing when available, otherwise FY EPS
Market cap
$7.60B
Long-term debt / equity
1.97×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended May 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Lamb Weston Holdings

  • Revenue grew 2.5% to $6.6B in FY2026, after a 0.3% decline the year before.
  • Operating margin is 8.9% in FY2026, -1.9 pp against 10.8% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $1.8B, up 5.6% from Q4 FY2025.
  • Free cash flow was $540M in FY2026, 8.2% of revenue.
  • Net income fell 18.8% to $290M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Lamb Weston Holdings’s fundamentals sit among the 113 Consumer Staples companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin20.6%
23rd percentile of 97
Operating margin8.9%
71st percentile of 100
Net margin4.4%
61st percentile of 105
FCF margin8.2%
65th percentile of 99
Revenue growth (YoY)+2.5%
48th percentile of 110
ROE15.9%
69th percentile of 99
P/E26.6×
63rd percentile of 73
Long-term debt / equity1.97×
85th percentile of 74
Short interest4.72d
61st percentile of 111

Lamb Weston Holdings’s long-term debt to equity of 1.97 ranks in the 85th percentile of the 74 Consumer Staples companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+4 quant / multi-strat
Initiated / added
6
0 new, 6 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$736.3M
reported long value
InvestorAs ofPosition valueSharesChange
Starboard ValueQ2 2026$247.6M5.7MReduced
JANA PartnersQ2 2026$232.9M5.4MAdded
AQR Capital ManagementquantQ2 2026$212.8M4.9MAdded
Gotham Asset ManagementQ2 2026$29.4M681.7KAdded
Millennium ManagementquantQ2 2026$11.0M253.8KAdded
Two Sigma InvestmentsquantQ2 2026$1.7M39.0KAdded
Point72 Asset ManagementquantQ2 2026$647,70015.0KHeld
Bridgewater AssociatesQ2 2026$333,3067.7KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-11
Gray James DChief Financial OfficerBuy5.0K$40.95$205K
2026-05-11
Gray James DChief Financial OfficerBuy5.0K$40.90$205K
2026-04-27
filed 2026-04-28
Gray James DChief Financial OfficerBuy4.6K$43.85$200K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.9M
settled 2026-08-14
Change vs prior
-9.9%
vs previous settlement
Days to cover
4.72
at avg daily volume
Avg daily volume
1.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-145.9M-9.9%4.72
2026-07-316.5M-4.2%2.61
2026-07-156.8M-4.7%4.89
2026-06-307.1M-2.1%4.27
2026-06-157.3M+3.6%6.10
2026-05-297.0M+3.9%4.19
2026-05-156.8M-5.6%4.27
2026-04-307.2M+2.7%4.71

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$6.61B$6.45B$6.47B$5.35B$4.10B
Gross profit$1.36B$1.40B$1.77B$1.43B$832.0M
Operating income$591.1M$665.1M$1.07B$882.1M$444.4M
Net income$290.0M$357.2M$725.5M$1.01B$200.9M
Diluted EPS$2.08$2.50$4.98$6.95$1.38

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$68.2M$70.7M$71.4M$304.8M$525.0M
Current assets$2.01B$2.03B$2.09B$2.13B$1.66B
Total assets$7.38B$7.39B$7.37B$6.52B$4.14B
Current liabilities$1.42B$1.48B$1.62B$1.36B$699.1M
Long-term debt$3.60B$3.68B$3.44B$3.25B$2.70B
Total liabilities$5.56B$5.65B$5.58B$5.11B$3.78B
Total equity$1.82B$1.74B$1.79B$1.41B$360.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$942.9M$868.3M$798.2M$761.7M$418.6M
Capital expenditure$402.7M$638.2M$929.5M$654.0M$290.1M
Free cash flow$540.2M$230.1M$-131.3M$107.7M$128.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$1.77B5.6%$109.6M$0.80
Q3 FY2026$1.56B2.9%$54.0M$0.39
Q2 FY2026$1.62B1.1%$62.1M$0.44
Q1 FY2026$1.66B0.3%$64.3M$0.46
Q4 FY2025$1.68B4.0%$119.9M$0.85
Q3 FY2025$1.52B4.3%$146.0M$1.03
Q2 FY2025$1.60B-7.6%$-36.1M$-0.25
Q1 FY2025$1.65B-0.7%$127.4M$0.88

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorConsumer Staples
SIC industryCanned, Frozen & Preservd Fruit, Veg & Food Specialties
Latest annual periodFY2026 (ended May 31, 2026)
Latest reported quarterQ4 FY2026 (ended May 31, 2026)
Oldest indexed filing2016
SEC CIK1679273

Selected SEC filings

10-K2026-07-24
View on EDGAR →
10-Q2026-04-01
View on EDGAR →
10-Q2025-12-19
View on EDGAR →
8-K2026-07-24
View on EDGAR →
8-K2026-07-15
View on EDGAR →
8-K2026-06-04
View on EDGAR →
8-K2026-05-26
View on EDGAR →

Largest Consumer Staples peers

All Consumer Staples companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.