TTM
9.3%
YoY change
−6.16pp
Trough year (2025)
10.3%
Peak year (2019)
17.8%
Latest annual
10.3%
Operating Margin history chart for Lamb Weston (LW) from 2013 to 2025
Latest: 10.3%
Operating Margin change chart for Lamb Weston (LW) from 2013 to 2025
Latest: −6.16pp
Operating Margin history table for Lamb Weston (LW) from 2013 to 2025
| 2025 | 10.3% | -6.16pp | ||
| 2024 | 16.5% | -0.01pp | ||
| 2023 | 16.5% | +5.64pp | ||
| 2022 | 10.8% | -2.09pp | ||
| 2021 | 12.9% | -1.75pp | ||
| 2020 | 14.7% | -3.11pp | ||
| 2019 | 17.8% | +0.85pp | ||
| 2018 | 16.9% | +0.58pp | ||
| 2017 | 16.4% | +3.89pp | ||
| 2016 | 12.5% | -0.57pp | ||
| 2015 | 13.0% | +0.01pp | ||
| 2014 | 13.0% | -1.41pp | ||
| 2013 | 14.4% | — |
- 202510.3%-6.16pp
- 202416.5%-0.01pp
- 202316.5%+5.64pp
- 202210.8%-2.09pp
- 202112.9%-1.75pp
- 202014.7%-3.11pp
- 201917.8%+0.85pp
- 201816.9%+0.58pp
- 201716.4%+3.89pp
- 201612.5%-0.57pp
- 201513.0%+0.01pp
- 201413.0%-1.41pp
- 201314.4%—
Operating Margin values are taken from Lamb Weston's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Lamb Weston (LW)
According to Lamb Weston's latest reported financial statements, the company's latest reported operating margin is 9.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Lamb Weston (LW) came in at 10.31% – contracted 6.2 percentage points year-over-year.
Across the available history, operating margin reached its high of 17.79% in 2019 and its low of 10.31% in 2025.
Lamb Weston Operating Margin by Year
Lamb Weston Operating Margin 2025: 10.3%
2025's operating margin for Lamb Weston came in at 10.31%, contracted 6.2 percentage points from 2024. This figure represents the lowest annual value in the available history.
Lamb Weston Operating Margin 2024: 16.5%
Lamb Weston posted operating margin of 16.47% in 2024, contracted 0.0 percentage points from 2023.
Lamb Weston Operating Margin 2023: 16.5%
In 2023, Lamb Weston reported operating margin of 16.49%, expanded 5.6 percentage points from 2022.
Lamb Weston Operating Margin 2022: 10.8%
Lamb Weston operating margin in 2022 was 10.84%, contracted 2.1 percentage points from 2021.
Lamb Weston Operating Margin 2021: 12.9%
Lamb Weston operating margin in 2021 was 12.93%.
See more financial history for Lamb Weston (LW).
Sector peers by Operating Margin
Consumer Defensive peers of Lamb Weston (LW), ranked by their latest operating margin
| 50.7% | |
| 36.8% | |
| 29.3% | |
| 29.3% | |
| 23.2% | |
| 14.8% | |
| 4.2% | |
| 3.8% |
- 50.7%
- 29.3%
- 14.8%
- 4.2%
- 3.8%
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Lamb Weston (LW) Key Financials
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