Lamb Weston Holdings, Inc. Earnings Per Share Disclosure
| For the Fiscal Years Ended May | ||||||||||||||||||||
| (in millions, except per share amounts) | 2025 | 2024 | 2023 | |||||||||||||||||
| Numerator: | ||||||||||||||||||||
| Net income | $ | 357.2 | $ | 725.5 | $ | 1,008.9 | ||||||||||||||
| Denominator: | ||||||||||||||||||||
| Basic weighted average common shares outstanding | 142.2 | 144.9 | 144.5 | |||||||||||||||||
| Add: Dilutive effect of employee incentive plans (a) | 0.5 | 0.8 | 0.7 | |||||||||||||||||
| Diluted weighted average common shares outstanding | 142.7 | 145.6 | 145.2 | |||||||||||||||||
| Earnings per share: | ||||||||||||||||||||
| Basic | $ | 2.51 | $ | 5.01 | $ | 6.98 | ||||||||||||||
| Diluted | $ | 2.50 | $ | 4.98 | $ | 6.95 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Jul 23, 2025 | Showing above |
| 2024 | Jul 24, 2024 | |
| 2023 | Jul 25, 2023 | |
| 2022 | Jul 27, 2022 | |
| 2021 | Jul 27, 2021 | |
| 2020 | Jul 28, 2020 | |
| 2019 | Jul 25, 2019 | |
| 2018 | Jul 26, 2018 | |
| 2017 | Jul 25, 2017 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.