| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $3,671 | $4,099 | $5,351 | $6,468 | $6,451 |
| Gross Profit | $832 | $832 | $1,432 | $1,767 | $1,399 |
| Operating Income | $475 | $444 | $882 | $1,065 | $665 |
| Net Income | $318 | $201 | $1,009 | $726 | $357 |

Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $3,671 | $4,099 | $5,351 | $6,468 | $6,451 |
| Gross Profit | $832 | $832 | $1,432 | $1,767 | $1,399 |
| Operating Income | $475 | $444 | $882 | $1,065 | $665 |
| Net Income | $318 | $201 | $1,009 | $726 | $357 |
Over the five-year period, Lamb Weston Holdings, Inc. experienced notable fluctuations in its financial metrics. Revenue grew steadily from USD 3,670.9 million in 2021 to a peak of around USD 6,467.6 million in 2024, before a slight dip to USD 6,451.3 million in 2025. Gross profit remained flat between 2021 and 2022 at USD 832 million, then surged sharply by approximately 72% to USD 1,432.1 million in 2023. This significant jump continued into 2024 with gross profit reaching USD 1,766.7 million, although a decline of roughly 20% followed in 2025. These movements indicate an initial period of operational stability followed by marked improvements and then some retrenchment. Operating income showed a similar pattern, starting at USD 474.8 million in 2021, followed by a small drop in 2022 before nearly doubling to USD 882.1 million in 2023. The upward momentum continued into 2024 to reach USD 1,065.3 million, but then a sharper decline to USD 665.1 million in 2025—representing a significant year-over-year decrease—was observed. Net income also varied considerably; it fell from USD 317.8 million in 2021 to USD 200.9 million in 2022, spiked to USD 1,008.9 million in 2023 (a marked turnaround exceeding a 400% increase from the previous year), then decreased to USD 725.5 million in 2024, and dipped further to USD 357.2 million in 2025. Overall, while the company showed robust revenue and gross profit gains during 2023 and 2024, the subsequent declines in operating and net income in 2025 raise questions about margin pressures or cost increases, suggesting that sustainability of these gains may depend on stabilizing expenses amid shifting market conditions in the competitive frozen food sector.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.