Lamb Weston Holdings, Inc.

LWNYSEConsumer Defensive● Active

$42.39

+$0.27(+0.64%)

Market Cap$5.9B

P/E Ratio—

52W High$67.07

52W Low$37.62

Avg Volume2.8M

Open$41.92

Beta0.46

Free Cash Flow Financials Revenue

Lamb Weston Holdings, Inc. (LW) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LW · free cash flow · updated Jun 8, 2026

Core FCF metrics

LW · FCF · TTM · margin & CAGR

Free cash flow was $230.1M for FY2025 (fiscal year ending 2025-05-25), up 275.2% year-over-year The FCF margin was 3.6%. Five-year CAGR stands at -10.8%.

FY2025 Free Cash Flow$230.1M▲ +275.2% YoY

Trailing 12M (TTM)$634.3Mtrailing 4 quarters sum

FCF Margin3.6%$230.1M ÷ revenue

3-Year CAGR+21.4%FY2022 → FY2025

5-Year CAGR-10.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LW · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$868.3M(638M)$230.1M▲ +275.2%3.6%

FY2024$798.2M(930M)−$131.3M▼ 221.9%-2.0%

FY2023$761.7M(654M)$107.7M▼ 16.2%2.0%

FY2022$418.6M(290M)$128.5M▼ 68.3%3.1%

FY2021$552.7M(147M)$405.5M▼ 0.2%11.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LW · P/FCF · FCF yield · FCF per share

Lamb Weston Holdings, Inc. (LW) trades at a FCF yield of 10.79% and a price-to-free-cash-flow ratio of 9.5x. FCF per share stands at $4.46, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

10.79%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.46

TTM FCF ÷ Shares Outstanding

Price / FCF

x9.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-05-25

Cash flow statement summary

LW · cash flow statement · operating / investing / financing

For FY2025, Lamb Weston Holdings, Inc. generated $868.3M in operating cash flow and spent 638M in capital expenditures, yielding $230.1M in free cash flow.

Operating Activities

+$868.3M

Cash from core business operations

2025-05-25

Investing Activities

−$648.0M

CapEx, acquisitions & investments

2025-05-25

Financing Activities

−$225.0M

Buybacks, dividends & debt

2025-05-25

FCF FormulaOperating CF ($868.3M) − |CapEx| (638M) = FCF ($230.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

LW vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Lamb Weston Holdings, Inc.YOU

$230.1M+275.2%3.6%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Lamb Weston Holdings, Inc. (LW) reported free cash flow of $230.1M for FY2025 (fiscal year ending 2025-05-25), up 275.2% year-over-year. The FCF margin was 3.6%.

Based on available data, Lamb Weston Holdings, Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $406.3M in FY2020. The 5-year CAGR stands at -10.8%.

Lamb Weston Holdings, Inc.'s FCF yield is 10.79% and price-to-FCF ratio is 9.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LW free cash flow · 8 questions

Lamb Weston Holdings, Inc. free cash flow was $230.1M for FY2025, up 275.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $634.3M.

LW free cash flowLW FCFLW FCF 2025LW free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Lamb Weston Holdings, Inc. · Lamb Weston Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026