How does Lamb Weston (LW) make money?

Lamb Weston (LW) generates revenue primarily from Retail Segment, which accounted for 65.9% of total revenue in TTM through Q1 2026. The company reported $6.52B in revenue and converted 4.6% of it into net profit, equivalent to roughly $300.30M 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 Q1 2026, equivalent to $1.34B in gross profit on $6.52B 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 9.3% in TTM through Q1 2026, equivalent to $608.10M 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 4.6% in TTM through Q1 2026, equivalent to $300.30M 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 $300.30M in net income for TTM through Q1 2026, with a net profit margin of 4.6%. 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 $344.30M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 5.3% 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 $634.30M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 9.7%. 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 31.3% in TTM through Q1 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 65.9% of total revenue in TTM through Q1 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 65.9% 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 Q1 2026

Calculated from the four most recent reported quarters, ending February 22, 2026 (reported April 1, 2026).

Lamb Weston (LW) Revenue by Product Segment — TTM through Q1 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) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Retail Segment	$4.29B	65.9%
Global Segment	$2.23B	34.1%
Total	$6.52B	100%

Retail Segment$4.29B
Global Segment$2.23B
Total$6.52B

Lamb Weston (LW) Revenue by Geography — TTM through Q1 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 Q1 2026
Region	Revenue (USD)	% of total
Segments, North America	$4.29B	65.9%
Global	$2.23B	34.1%
Total	$6.52B	100%

Segments, North America
Global
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Lamb Weston (LW) reports revenue across 2 operating segments; the largest segment was Retail Segment at 65.9%, followed by Global Segment (34.1%). Separately, by end-market geography, Segments, North America accounted for 65.9% of revenue, followed by Global (34.1%).

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