LW Lamb Weston Holdings margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 45

Gross margin

19.4%

Operating margin

7.8%

EBITDA margin

14.1%

Net margin

3.8%

Using the latest TTM figures, Lamb Weston Holdings shows a gross margin of 19.4%, an operating margin of 7.8%, an EBITDA margin of 14.1%, and a net margin of 3.8%. The company's available margins all declined, with gross margin recording the strongest contraction of 2.1 percentage points.

LW margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, Lamb Weston Holdings recorded average margins of 23.15% gross, 11.88% operating, 18.6% EBITDA, and 7.98% net. Compared with their three-year averages, all four current margins are lower.

LW margin expansion

Year-over-year margin changes in percentage points

All available margins contracted year over year, led by gross margin with a decline of 2.1 percentage points.

Gross margin expansion

-2.1pp

Operating margin expansion

-1.6pp

EBITDA margin expansion

-1.3pp

Net margin expansion

-0.8pp

LW Gross margin

In the last 3 years, Lamb Weston Holdings had an average gross margin of 23.15%. Against its three-year average, Lamb Weston Holdings's gross margin is currently 19.4%, 3.8 percentage points below its three-year average. Looking back over the last 3 years, Lamb Weston Holdings's gross margin reached 27.6% at its highest point in Nov 2023 and 19.4% at its lowest in Aug 2026.

LW Operating margin

In the last 3 years, Lamb Weston Holdings had an average operating margin of 11.88%. The latest operating margin for Lamb Weston Holdings is 7.8%, 4.1 percentage points below its three-year average. Looking back over the last 3 years, Lamb Weston Holdings's operating margin reached 17.1% at its highest point in Nov 2023 and 7.8% at its lowest in Aug 2026.

LW EBITDA margin

Across the last 3 years, Lamb Weston Holdings's EBITDA margin stood at 18.6%. The current EBITDA margin stands at 14.1%, 4.5 percentage points below its three-year average. EBITDA margin was highest at 27.6% in Nov 2023 and lowest at 14.1% in Aug 2026.

LW Net margin

Reviewing the last 3 years, Lamb Weston Holdings recorded an average net margin of 7.98%. The latest net margin for Lamb Weston Holdings is 3.8%, 4.2 percentage points below its three-year average. The highest net margin for Lamb Weston Holdings was 17.7% in Nov 2023, while the lowest was 3.8% in Aug 2026.

LW margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 19.4%, LW ranks lower than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 36.6%, Lamb Weston Holdings's gross margin is 47% lower.

Frequently asked questions

What is Lamb Weston Holdings's gross margin?

The current gross margin for LW is 19.4% as of Aug 30, 2026.

What is Lamb Weston Holdings's operating margin?

As of Aug 30, 2026, LW has an operating margin of 7.8%.

What is Lamb Weston Holdings's EBITDA margin?

For the period ending Aug 30, 2026, LW recorded an EBITDA margin of 14.1%.

What is Lamb Weston Holdings's net margin?

As of Aug 30, 2026, LW has a net margin of 3.8%.

What are the average margins of LW?

Lamb Weston Holdings's average margins over the last 3 years were 23.2% gross, 11.9% operating, 18.6% EBITDA, and 8.0% net.

What are the highest historical margins of LW?

Over the last 5 years, Lamb Weston Holdings's highest margins were 28.2% gross in Aug 2023, 17.8% operating in Aug 2023, 29.3% EBITDA in May 2023, and 18.9% net in May 2023.

What are the lowest historical margins of LW?

Within the 5-year period, LW recorded its lowest margins at 19.3% gross in Nov 2021, 7.8% operating in Aug 2026, 14.1% EBITDA in Aug 2026, and 3.8% net in Aug 2026.