Filing Flows

Filing Flows › Companies › Lamb Weston Holdings › Cash flow

Lamb Weston Holdings cash flow, quarter by quarter

Latest: Q1 FY27 · from the cash-flow statements filed with the SEC

Free cash flow$146M in Q1 FY27 · $412M over twelve months

Operating cash flow$235M
Capital spending−$88.7M
Free cash flow+$146M
Cash / net income8.1×
Cash conversion cycle65 days

Analysis

In Q1 FY27, Lamb Weston Holdings generated $235M of operating cash flow and spent $88.7M on capital projects, leaving free cash flow of $146M.

Over the twelve months to Aug 30, 2026, operating cash flow was $826M; the largest uses were capital spending ($414M), other financing ($224M), dividends ($208M); besides operations, cash came from net borrowing (+) / repaid (−) ($64.9M), other investing ($19.0M); the cash balance rose by $67.7M.

Operating cash flow was $235M against net income of $29.1M — 8.1× profit, cash ran ahead of reported earnings. The largest differences: depreciation & amortization +$101M, payables +$59.2M, accrued liabilities −$53.0M.

Its cash conversion cycle was 65 days (receivables 43 + inventory 63 − payables 40).

Free cash flow

Lamb Weston Holdings: free cash flow by quarterLamb Weston Holdings: free cash flow by quarter−$49.6MQ2 FY25−$19.8MQ3 FY25$295MQ4 FY25$274MQ1 FY26$101MQ2 FY26−$36.3MQ3 FY26$201MQ4 FY26$146MQ1 FY27
Operating cash flow less capital spending.
Lamb Weston Holdings: operating cash flow against capital spendingLamb Weston Holdings: operating cash flow against capital spendingOperating cash flowCapital spending$99.1M$149MQ2 FY25$56.0M$75.8MQ3 FY25$383M$87.8MQ4 FY25$352M$77.6MQ1 FY26$178M$77.4MQ2 FY26$65.2M$102MQ3 FY26$347M$146MQ4 FY26$235M$88.7MQ1 FY27
Latest (Q1 FY27): Operating cash flow $235M, Capital spending $88.7M.

Capital allocation, year by year

Lamb Weston Holdings: where the cash came from (up) and went (down), by fiscal yearLamb Weston Holdings: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingAsset salesCapital spendingAcquisitionsDividendsFY22: Operating cash flow $419MFY22: Net borrowing −$23.1MFY22: Capital spending −$290MFY22: Dividends −$138M$419MFY22FY23: Operating cash flow $762MFY23: Net borrowing $579MFY23: Capital spending −$654MFY23: Dividends −$146M$1.3BFY23FY24: Operating cash flow $798MFY24: Net borrowing −$401MFY24: Capital spending −$930MFY24: Acquisitions −$10.5MFY24: Dividends −$174M$798MFY24FY25: Operating cash flow $868MFY25: Net borrowing −$277MFY25: Asset sales $2.0MFY25: Capital spending −$638MFY25: Dividends −$207M$870MFY25FY26: Operating cash flow $943MFY26: Net borrowing −$217MFY26: Asset sales $26.0MFY26: Capital spending −$403MFY26: Dividends −$208M$969MFY26
Over these 5 years operating cash flow totalled $3.8B; the largest uses were capital spending ($2.9B) and net borrowing ($918M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$166M
Debt$4.0B
Net debt$3.8B
Due within a year$69.9M

Lamb Weston Holdings funds itself: free cash flow was $412M over the last twelve months, and $166M of cash and investments stands against $4.0B of debt ($69.9M due within a year, 2.4× covered by cash).

Lamb Weston Holdings: debt maturities by year (FY26)Lamb Weston Holdings: debt maturities by year (FY26)$69.9MYear 1$570MYear 2$552MYear 3$1.3BYear 4$108MYear 5$1.0BAfter year 5
Principal due in each year as disclosed in the annual report, against $166M of cash and investments now.

Where the cash came from and went

Lamb Weston Holdings: sources (+) and uses (−) of cash, Q1 FY27Lamb Weston Holdings: sources (+) and uses (−) of cash, Q1 FY27Operating cash flow$235MCash drawn (+) / kept (−)−$98.1MCapital spending−$88.7MDividends−$52.2MNet borrowing (+) / repaid (−)$13.6MOther financing−$7.7MOther investing−$2.2MExchange rates$500K
Lamb Weston Holdings: sources (+) and uses (−) of cash, TTM to Q1 FY27Lamb Weston Holdings: sources (+) and uses (−) of cash, TTM to Q1 FY27Operating cash flow$826MCapital spending−$414MOther financing−$224MDividends−$208MCash drawn (+) / kept (−)−$67.7MNet borrowing (+) / repaid (−)$64.9MOther investing$19.0MExchange rates$3.7M

From profit to cash

Lamb Weston Holdings: net income to operating cash flow, Q1 FY27Lamb Weston Holdings: net income to operating cash flow, Q1 FY27Net income$29.1MDepreciation & amortization$101MStock-based pay$15.1MDeferred taxes−$11.9MReceivables−$5.2MInventory$1.5MPayables$59.2MAccrued liabilities−$53.0MPrepaid and other assets$34.6MIncome taxes payable$32.1MOperating cash flow$235M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q1 FY2743634065
Q4 FY2642724272
Q3 FY2643824877
Q2 FY2643714470
Q1 FY2643674070
Q4 FY2541784475
Q3 FY25421076386
Q2 FY2540855372

Every quarter

QuarterOperating cash flowCapital spendingDividendsNet borrowing (+) / repaid (−)Cash drawn (+) / kept (−)Free cash flow
Q1 FY27$235M−$88.7M−$52.2M$13.6M−$98.1M$146M
Q4 FY26$347M−$146M−$52.8M$85.2M−$10.7M$201M
Q3 FY26$65.2M−$102M−$51.4M$59.6M$25.2M−$36.3M
Q2 FY26$178M−$77.4M−$51.6M−$45.2M$15.9M$101M
Q1 FY26$352M−$77.6M−$51.7M−$178M−$27.9M$274M
Q4 FY25$383M−$87.8M−$52.2M−$140M−$3.2M$295M
Q3 FY25$56.0M−$75.8M−$51.4M$159M$11.5M−$19.8M
Q2 FY25$99.1M−$149M−$51.6M$75.9M$41.8M−$49.6M

Lamb Weston Holdings: income statement and cash flow

Lamb Weston Holdings, Q1 FY27: revenue $1.7B (+0.7% year over year), operating margin 4.9%. The chart follows the revenue to costs, profit and cash.

Lamb Weston Holdings: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.