How does Lamb Weston (LW) make money?

Lamb Weston (LW) generates revenue primarily from Retail Segment, which accounted for 66.5% of total revenue in TTM through Q2 2026. The company reported $6.61B in revenue and converted 4.4% of it into net profit, equivalent to roughly $290M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Lamb Weston (LW)?

Lamb Weston (LW) reported a gross profit margin of 20.6% in TTM through Q2 2026, equivalent to $1.36B in gross profit on $6.61B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Lamb Weston (LW)?

Lamb Weston (LW) reported an operating profit margin of 8.9% in TTM through Q2 2026, equivalent to $591M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Lamb Weston (LW)?

Lamb Weston (LW) reported a net profit margin of 4.4% in TTM through Q2 2026, equivalent to $290M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Lamb Weston (LW) profitable?

Yes. Lamb Weston (LW) reported $290M in net income for TTM through Q2 2026, with a net profit margin of 4.4%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Lamb Weston (LW) spend on capital expenditures?

Lamb Weston (LW) spent $403M on capital expenditures (CapEx) during TTM through Q2 2026, roughly 6.1% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Lamb Weston (LW) generate?

Lamb Weston (LW) generated $637M in free cash flow during TTM through Q2 2026, a free-cash-flow margin of 9.6%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Lamb Weston (LW)?

Lamb Weston (LW) had an effective tax rate of 30.5% in TTM through Q2 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Lamb Weston (LW)?

Lamb Weston (LW) reports revenue across 2 reportable product segments, led by Retail Segment at 66.5% of total revenue in TTM through Q2 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Lamb Weston (LW) generate most of its revenue?

Segments, North America is the largest geographic market for Lamb Weston (LW), accounting for 66.5% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Lamb Weston Makes Money: 2026 Visual Revenue Map

Lamb Weston (LW) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending May 31, 2026 (reported July 24, 2026).

Lamb Weston (LW) Revenue by Product Segment — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Lamb Weston (LW), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Retail Segment	$4.4B	66.5%
Global Segment	$2.22B	33.5%
Total	$6.61B	100%

Retail Segment$4.4B
Global Segment$2.22B
Total$6.61B

Lamb Weston (LW) Revenue by Geography — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Lamb Weston (LW), TTM through Q2 2026
Region	Revenue (USD)	% of total
Segments, North America	$4.4B	66.5%
Global	$2.22B	33.5%
Total	$6.61B	100%

Segments, North America
Global
Total

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, Lamb Weston (LW) reports revenue across 2 reportable product segments; the largest segment was Retail Segment at 66.5%, followed by Global Segment (33.5%). Geographically, Segments, North America accounted for 66.5% of revenue, followed by Global (33.5%).

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