Saturday 17 October 2026 Export LW’s income statement to Excel — free account

Lamb Weston

Lamb Weston’s revenue for fiscal 2026 (year ended May 2026) was $6.6 billion, up 2.50% from fiscal 2025. In the quarter to August 2026, revenue was flat, EPS fell 54.0%, free cash flow fell 47.3% and total debt was flat, each against the same quarter a year earlier. Dividend growth for ten consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

53.59 0.62 −1.14%

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Market cap: $7.5B
P/E: 28.9×
Fwd P/E: 14.4×
Dividend yield: 2.82%
F-score: 7/9
Altman Z: 2.46
Beneish M: −2.87
Dividend safety: 55/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 19.42

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	—	5	1	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 1.07%

Capital & Financial Ratios $m

Market Cap 7,470.00

Revenue 6,623.30

Net Income 254.80

Free Cash Flow 429.80

Net Debt 3,762.30

Current Ratio 1.45

Debt/Equity 2.17

P/E ratio 28.94

Fwd P/E 14.40

P/S ratio 1.11

P/B ratio 4.08

Past 5Y EPS Growth (0.75%)

This Y EPS Growth 7.31%

Next Y EPS Growth 9.78%

Next Y revenue growth (0.03%)

Next 5Y EPS Growth 8.44%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 74.88%

10-year low 10-year high

P/S against its own 10 years 7.93%

10-year low 10-year high

P/B against its own 10 years 12.09%

10-year low 10-year high

EV/Sales against its own 10 years 7.33%

10-year low 10-year high

EV/FCF against its own 10 years 15.88%

10-year low 10-year high

Dividends

Payout Ratio 0.82

Annual Dividend Rate 1.51

Annual Dividend Yield 2.82%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	1.50	0.38 0.38 0.38
2025	1.48	0.37 0.37 0.37 0.37
2024	1.44	0.36 0.36 0.36 0.36
2023	1.12	0.28 0.28 0.28 0.28
2022	0.98	0.25 0.25 0.25 0.25
2021	0.94	0.24 0.24 0.24 0.24
2020	0.92	0.23 0.23 0.23 0.23
2019	0.80	0.20 0.20 0.20 0.20
2018	0.76	0.19 0.19 0.19 0.19
2017	0.75	0.19 0.19 0.19 0.19

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	71	71	68	166
Receivables	744	782	779	788
Inventory	1,139	1,035	969	965
Other	—	—	—	—
	2,090	2,033	2,014	2,050

	2024	2025	2026	Q'26
Payables	834	616	613	631
ST’ Debt	383	449	320	350
Other	—	—	—	—
	1,624	1,476	1,416	1,409

Compound Annual Growth %

	10y	5y	3y
Sales	8.25%	12.49%	7.31%
Cash Flow	9.45%	11.27%	7.37%
Earnings	0.33%	(1.81%)	(34.00%)
Book Value	2.68%	30.58%	8.94%

Revenue $m

	Aug	Nov	Feb	May	Year
’26	1,670	—	—	—	—
’26	1,659	1,618	1,565	1,770	6,612
’25	1,654	1,601	1,521	1,676	6,451
’24	1,665	1,732	1,458	1,612	6,468
’23	1,126	1,277	1,254	1,695	5,351
’22	984	1,007	955	1,153	4,099
’21	872	896	896	1,008	3,671

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Aug	Nov	Feb	May	Year
’26	235	—	—	—	—
’26	352	178	65	347	943
’25	330	99	56	383	868
’24	335	121	26	317	798
’23	192	96	47	427	762
’22	162	46	(33)	245	419
’21	251	68	56	178	553

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Aug	Nov	Feb	May	Year
’26	144	—	—	—	—
’26	273	117	(35)	205	559
’25	(22)	(53)	(21)	295	199
’24	30	(141)	(235)	153	(194)
’23	71	(53)	(180)	188	26
’22	83	(23)	(112)	165	112
’21	217	48	3	121	389

Fiscal quarters ending in the months shown.

EPS $

	Aug	Nov	Feb	May	Year
’26	0.21	—	—	—	—
’26	0.46	0.44	0.39	0.79	2.08
’25	0.88	(0.25)	1.03	0.85	2.50
’24	1.60	1.48	1.01	0.89	4.98
’23	1.60	0.71	1.21	3.40	6.95
’22	0.20	0.22	0.73	0.22	1.38
’21	0.61	0.66	0.45	0.44	2.16

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	35.81	52.92	58.83	39.06	50.22	49.71	81.26	52.99	41.41	37.62	Analyst estimates 2027–2029 Powerpack
	High	57.51	83.86	86.59	96.32	86.41	90.60	117.38	111.88	67.93	55.70
People
People	Employees	6,500	7,200	7,600	7,700	7,800	8,000	10,300	10,700	10,100	10,000
	Revenue/emp, $m	0.49	0.48	0.49	0.49	0.47	0.51	0.52	0.60	0.64	0.66
Income, $m
Income, $m	Revenue	3,168	3,424	3,757	3,792	3,671	4,099	5,351	6,468	6,451	6,612
	Gross margin, %	24.58	25.69	26.71	23.61	22.66	20.30	26.77	27.32	21.68	20.56
	EBT	457	471	561	449	357	283	773	930	485	411
	EBT margin, %	14.43	13.77	14.94	11.84	9.71	6.91	14.45	14.37	7.52	6.21
	Net income	340	434	487	366	318	201	1,009	726	357	290
	Depreciation	109	143	162	182	188	192	223	307	375	397
Per share, $
Per share, $	Revenue	21.68	23.40	25.64	25.94	25.07	28.17	37.03	44.63	45.37	47.60
	Earnings	2.22	2.83	3.19	2.50	2.17	1.38	6.98	5.01	2.51	2.09
	Cash flow	3.06	3.29	4.65	3.93	3.78	2.88	5.27	5.51	6.11	6.79
	Capex	(1.97)	(2.10)	(2.30)	(1.43)	(1.12)	(2.11)	(5.09)	(6.84)	(4.71)	(2.77)
	Free cash flow	1.09	1.19	2.35	2.50	2.66	0.77	0.18	(1.34)	1.40	4.02
	Book value	(4.43)	(2.29)	(0.03)	1.64	3.28	2.48	9.77	12.34	12.22	13.14
	Shares, m	146	146	147	146	146	146	145	145	142	139
Valuation, ×
Valuation, ×	P/E	20.64	22.53	18.57	24.64	38.69	48.97	15.95	17.66	21.76	20.27
	P/S	2.14	2.72	2.31	2.37	3.35	2.40	3.00	1.98	1.21	0.89
	P/B	0.00	0.00	0.00	37.52	25.58	27.28	11.39	7.16	4.49	3.24
	EV/Sales	2.89	3.40	2.93	2.95	3.88	2.94	3.59	2.56	1.84	1.48
	EV/FCF	57.36	66.84	31.96	30.58	36.58	107.27	748.09	(85.46)	59.74	17.47
Cash, $m
Cash, $m	Operating cash flow	447	481	681	574	553	419	762	798	868	943
	Capex	(287)	(307)	(337)	(208)	(163)	(306)	(736)	(992)	(670)	(384)
	Free cash flow	160	174	344	366	389	112	26	(194)	199	559
Balance, $m
Balance, $m	Working capital	303	412	409	1,278	1,164	961	767	466	557	599
	Total debt	2,425	2,385	2,327	3,540	2,737	2,728	3,462	3,823	4,131	3,915
	Net debt	2,368	2,329	2,314	2,176	1,954	2,203	3,157	3,752	4,061	3,847
	Shareholders’ equity	(647)	(335)	(5)	240	481	361	1,411	1,788	1,738	1,825
Returns, %
Returns, %	ROA	13.99	15.91	16.50	9.49	7.16	4.81	18.93	10.45	4.84	3.93
	ROIC	18.83	18.18	18.09	14.41	12.19	10.83	12.07	12.02	7.17	6.51
	ROE	86.22	(84.89)	(282.03)	310.88	88.20	47.77	113.88	45.36	20.26	16.28

Negative figures in brackets.

All 10 years →

Fiscal years to May 2026 · latest quarter Aug 2026 · fundamentals updated 8 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MICC The Magnum Ice Cream Company N.V.	$11.3B	—	—	—	—	—	—	—	Compare
HRL Hormel Foods Corporation	$11.1B	32.4×	16.1×	−2.36% (below 0%: shrinking)	−66.67% (below 0%: shrinking)	+107.16% (above 0%: growing)	15.92%	2.49%	Compare
DAR Darling Ingredients Inc.	$9.6B	16.3×	13.8×	+16.37% (above 0%: growing)	+2,950.00% (above 0%: growing)	+428.22% (above 0%: growing)	29.20%	32.20%	Compare
LW Lamb Weston	$7.5B	28.9×	14.4×	+0.66% (above 0%: growing)	−54.02% (below 0%: shrinking)	−47.29% (below 0%: shrinking)	15.96%	4.92%
SFD Smithfield Foods, Inc.	$7.3B	6.9×	10.0×	−2.27% (below 0%: shrinking)	+27.08% (above 0%: growing)	−1.54% (below 0%: shrinking)	12.95%	7.86%	Compare
PPC Pilgrim's Pride Corporation	$6.9B	12.8×	8.9×	−2.76% (below 0%: shrinking)	−96.00% (below 0%: shrinking)	−67.46% (below 0%: shrinking)	7.34%	1.43%	Compare
CAG Conagra Brands	$6.8B	— (loss-making)	8.2×	−1.39% (below 0%: shrinking)	+6.97% (above 0%: growing)	−464.50% (below 0%: shrinking)	23.83%	10.34%	Compare
INGR Ingredion Incorporated	$6.1B	10.5×	9.5×	+0.93% (above 0%: growing)	−40.79% (below 0%: shrinking)	+34.38% (above 0%: growing)	23.03%	10.16%	Compare
CPB The Campbell's Company	$5.9B	14.8×	10.7×	−7.93% (below 0%: shrinking)	n/m	+5.43% (above 0%: growing)	27.28%	0.19%	Compare
Median of peers	$7.1B	13.8×	10.0×	−2.27%	−16.91%	+5.43%	23.03%	7.86%

All 71 Packaged Foods stocks →

Lamb Weston (LW) key facts

Concern: Net income was $290.0 million, or $2.09 per share (basic), a net margin of 4.39%.
Strength: Lamb Weston’s revenue for fiscal 2026 (year ended May 2026) was $6.6 billion, up 2.50% from fiscal 2025.
Lamb Weston (LW) is a Packaged Foods company in the Consumer Defensive sector, listed on the New York Stock Exchange.
As of October 16, 2026, LW traded at $53.59, a market capitalization of $7.5 billion.
At that price the stock trades at 28.9× trailing-twelve-month earnings and 1.1× sales; its P/E is higher than 75% of its own readings over the past ten years.
Lamb Weston pays an annual dividend of $1.51 per share, a yield of 2.82%, with a payout ratio of 82.5%.
Return on equity was 16.3% and debt-to-equity 2.17.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.46 (grey zone) for fiscal 2026.