Lancaster Colony Corporation
Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marz… Read more
Lancaster Colony Corporation (LANC) - Net Assets
Latest net assets as of March 2025: $996.25 Million USD
Based on the latest financial reports, Lancaster Colony Corporation (LANC) has net assets worth $996.25 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.69 Billion) and total liabilities ($690.94 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $996.25 Million |
| % of Total Assets | 59.05% |
| Annual Growth Rate | 5.65% |
| 5-Year Change | 18.19% |
| 10-Year Change | 59.36% |
| Growth Volatility | 9.82 |
Lancaster Colony Corporation - Net Assets Trend (1986–2024)
This chart illustrates how Lancaster Colony Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lancaster Colony Corporation (1986–2024)
The table below shows the annual net assets of Lancaster Colony Corporation from 1986 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $925.77 Million | +7.36% |
| 2023-06-30 | $862.27 Million | +2.08% |
| 2022-06-30 | $844.69 Million | +0.18% |
| 2021-06-30 | $843.15 Million | +7.64% |
| 2020-06-30 | $783.30 Million | +7.76% |
| 2019-06-30 | $726.87 Million | +11.44% |
| 2018-06-30 | $652.28 Million | +13.25% |
| 2017-06-30 | $575.98 Million | +12.15% |
| 2016-06-30 | $513.60 Million | -11.59% |
| 2015-06-30 | $580.92 Million | +9.90% |
| 2014-06-30 | $528.60 Million | +5.46% |
| 2013-06-30 | $501.22 Million | -11.17% |
| 2012-06-30 | $564.27 Million | +9.03% |
| 2011-06-30 | $517.54 Million | +6.73% |
| 2010-06-30 | $484.91 Million | +20.46% |
| 2009-06-30 | $402.56 Million | +12.06% |
| 2008-06-30 | $359.22 Million | -19.15% |
| 2007-06-30 | $444.31 Million | -10.14% |
| 2006-06-30 | $494.42 Million | -15.88% |
| 2005-06-30 | $587.73 Million | +0.16% |
| 2004-06-30 | $586.78 Million | +7.14% |
| 2003-06-30 | $547.66 Million | +9.25% |
| 2002-06-30 | $501.28 Million | +9.00% |
| 2001-06-30 | $459.90 Million | +10.69% |
| 2000-06-30 | $415.48 Million | +0.14% |
| 1999-06-30 | $414.90 Million | +1.05% |
| 1998-06-30 | $410.60 Million | +11.58% |
| 1997-06-30 | $368.00 Million | +13.72% |
| 1996-06-30 | $323.60 Million | +16.78% |
| 1995-06-30 | $277.10 Million | +17.02% |
| 1994-06-30 | $236.80 Million | +23.33% |
| 1993-06-30 | $192.00 Million | +20.45% |
| 1992-06-30 | $159.40 Million | +14.35% |
| 1991-06-30 | $139.40 Million | +8.15% |
| 1990-06-30 | $128.90 Million | -6.32% |
| 1989-06-30 | $137.60 Million | +2.61% |
| 1988-06-30 | $134.10 Million | +5.01% |
| 1987-06-30 | $127.70 Million | +11.24% |
| 1986-06-30 | $114.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lancaster Colony Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1670.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.56 Billion | 169.01% |
| Common Stock | $153.62 Million | 16.59% |
| Other Comprehensive Income | $-8.64 Million | -0.93% |
| Total Equity | $925.77 Million | 100.00% |
Lancaster Colony Corporation Competitors by Market Cap
The table below lists competitors of Lancaster Colony Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Chuantou Energy Co Ltd
SHG:600674
|
$3.44 Billion |
|
Banc of California Inc.
NYSE:BANC-PF
|
$3.44 Billion |
|
PROTECTOR FORSIKR.(ADS)/2
F:PR40
|
$3.44 Billion |
|
Shenzhen Kinwong Electronic Co Ltd
SHG:603228
|
$3.44 Billion |
|
AllianceBernstein Holding L.P.
NYSE:AB
|
$3.43 Billion |
|
The Phoenix Mills Limited
NSE:PHOENIXLTD
|
$3.43 Billion |
|
Universal Scientific Industrial Shanghai Co Ltd
SHG:601231
|
$3.42 Billion |
|
Methanex Corporation
NASDAQ:MEOH
|
$3.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lancaster Colony Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 862,267,000 to 925,772,000, a change of 63,505,000 (7.4%).
- Net income of 158,613,000 contributed positively to equity growth.
- Dividend payments of 97,934,000 reduced retained earnings.
- Share repurchases of 7,645,000 reduced equity.
- Other comprehensive income increased equity by 725,000.
- Other factors increased equity by 9,746,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $158.61 Million | +17.13% |
| Dividends Paid | $97.93 Million | -10.58% |
| Share Repurchases | $7.64 Million | -0.83% |
| Other Comprehensive Income | $725.00K | +0.08% |
| Other Changes | $9.75 Million | +1.05% |
| Total Change | $- | 7.36% |
Book Value vs Market Value Analysis
This analysis compares Lancaster Colony Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.12x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 67.10x to 5.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $2.57 | $172.77 | x |
| 1987-06-30 | $2.45 | $172.77 | x |
| 1988-06-30 | $2.65 | $172.77 | x |
| 1989-06-30 | $2.83 | $172.77 | x |
| 1990-06-30 | $4.07 | $172.77 | x |
| 1991-06-30 | $4.51 | $172.77 | x |
| 1992-06-30 | $3.49 | $172.77 | x |
| 1993-06-30 | $4.20 | $172.77 | x |
| 1994-06-30 | $5.21 | $172.77 | x |
| 1995-06-30 | $6.15 | $172.77 | x |
| 1996-06-30 | $7.25 | $172.77 | x |
| 1997-06-30 | $8.30 | $172.77 | x |
| 1998-06-30 | $9.47 | $172.77 | x |
| 1999-06-30 | $9.94 | $172.77 | x |
| 2000-06-30 | $10.50 | $172.77 | x |
| 2001-06-30 | $12.22 | $172.77 | x |
| 2002-06-30 | $13.58 | $172.77 | x |
| 2003-06-30 | $15.08 | $172.77 | x |
| 2004-06-30 | $16.40 | $172.77 | x |
| 2005-06-30 | $16.76 | $172.77 | x |
| 2006-06-30 | $14.76 | $172.77 | x |
| 2007-06-30 | $14.06 | $172.77 | x |
| 2008-06-30 | $12.18 | $172.77 | x |
| 2009-06-30 | $14.35 | $172.77 | x |
| 2010-06-30 | $17.21 | $172.77 | x |
| 2011-06-30 | $18.69 | $172.77 | x |
| 2012-06-30 | $20.70 | $172.77 | x |
| 2013-06-30 | $18.37 | $172.77 | x |
| 2014-06-30 | $19.36 | $172.77 | x |
| 2015-06-30 | $21.26 | $172.77 | x |
| 2016-06-30 | $18.76 | $172.77 | x |
| 2017-06-30 | $20.99 | $172.77 | x |
| 2018-06-30 | $23.75 | $172.77 | x |
| 2019-06-30 | $26.40 | $172.77 | x |
| 2020-06-30 | $28.49 | $172.77 | x |
| 2021-06-30 | $30.64 | $172.77 | x |
| 2022-06-30 | $30.75 | $172.77 | x |
| 2023-06-30 | $31.38 | $172.77 | x |
| 2024-06-30 | $33.71 | $172.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lancaster Colony Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.47%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 1.30x
- Recent ROE (17.13%) is below the historical average (18.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 9.32% | 2.43% | 1.67x | 2.29x | $-780.00K |
| 1987 | 13.47% | 4.00% | 1.56x | 2.15x | $4.43 Million |
| 1988 | 16.26% | 4.81% | 1.58x | 2.13x | $8.39 Million |
| 1989 | 15.92% | 4.45% | 1.70x | 2.11x | $8.14 Million |
| 1990 | 12.49% | 3.19% | 1.64x | 2.39x | $3.21 Million |
| 1991 | 15.21% | 4.24% | 1.74x | 2.06x | $7.26 Million |
| 1992 | 20.33% | 5.83% | 1.92x | 1.82x | $16.46 Million |
| 1993 | 24.06% | 7.33% | 2.09x | 1.57x | $27.00 Million |
| 1994 | 25.30% | 8.30% | 2.03x | 1.50x | $36.22 Million |
| 1995 | 25.44% | 8.87% | 2.09x | 1.37x | $42.79 Million |
| 1996 | 23.52% | 8.89% | 1.97x | 1.35x | $43.74 Million |
| 1997 | 24.10% | 9.61% | 1.91x | 1.32x | $51.90 Million |
| 1998 | 23.40% | 9.53% | 1.91x | 1.29x | $55.04 Million |
| 1999 | 22.93% | 9.10% | 1.90x | 1.33x | $53.64 Million |
| 2000 | 23.89% | 8.99% | 2.08x | 1.28x | $57.72 Million |
| 2001 | 19.40% | 8.12% | 1.91x | 1.25x | $43.25 Million |
| 2002 | 18.34% | 8.14% | 1.83x | 1.23x | $41.81 Million |
| 2003 | 20.55% | 10.17% | 1.66x | 1.22x | $57.78 Million |
| 2004 | 13.63% | 7.29% | 1.54x | 1.21x | $21.32 Million |
| 2005 | 15.84% | 8.23% | 1.55x | 1.24x | $34.32 Million |
| 2006 | 16.78% | 7.06% | 1.87x | 1.27x | $33.51 Million |
| 2007 | 10.28% | 4.19% | 1.82x | 1.35x | $1.25 Million |
| 2008 | 10.47% | 3.84% | 1.89x | 1.45x | $1.70 Million |
| 2009 | 22.13% | 8.47% | 2.11x | 1.24x | $48.83 Million |
| 2010 | 23.71% | 10.88% | 1.80x | 1.21x | $66.48 Million |
| 2011 | 20.55% | 9.76% | 1.75x | 1.20x | $54.61 Million |
| 2012 | 16.98% | 8.47% | 1.66x | 1.21x | $39.38 Million |
| 2013 | 21.80% | 9.37% | 1.88x | 1.24x | $59.13 Million |
| 2014 | 14.19% | 7.20% | 1.63x | 1.21x | $22.13 Million |
| 2015 | 17.50% | 9.21% | 1.57x | 1.21x | $43.59 Million |
| 2016 | 23.71% | 10.22% | 1.88x | 1.24x | $70.40 Million |
| 2017 | 20.02% | 9.59% | 1.68x | 1.24x | $57.72 Million |
| 2018 | 20.74% | 11.06% | 1.52x | 1.23x | $70.09 Million |
| 2019 | 20.71% | 11.51% | 1.44x | 1.25x | $77.86 Million |
| 2020 | 17.49% | 10.27% | 1.34x | 1.27x | $58.65 Million |
| 2021 | 16.88% | 9.70% | 1.33x | 1.31x | $58.02 Million |
| 2022 | 10.61% | 5.34% | 1.54x | 1.29x | $5.12 Million |
| 2023 | 12.91% | 6.11% | 1.64x | 1.29x | $25.06 Million |
| 2024 | 17.13% | 8.47% | 1.55x | 1.30x | $66.04 Million |
Industry Comparison
This section compares Lancaster Colony Corporation's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lancaster Colony Corporation (LANC) | $996.25 Million | 9.32% | 0.69x | $3.43 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |