Lsb Industries (LXU) Financials

$15.33 +0.96 (+6.67%)

Closing price 05/5/2026 03:59 PM Eastern

Extended Trading

$15.30 -0.03 (-0.20%)

As of 05/5/2026 07:49 PM Eastern

Annual Income Statements for Lsb Industries

This table shows Lsb Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-38	65	-59	-103	-96	-99	-220	230	28	-19	25
Consolidated Net Income / (Loss)	-35	112	-29	-72	-63	-62	44	230	28	-19	25
Net Income / (Loss) Continuing Operations	-46	-88	-30	-72	-63	-62	44	230	28	-19	25
Total Pre-Tax Income	-79	-130	-71	-70	-84	-67	39	270	34	-26	33
Total Operating Income	-71	-90	-34	-23	-39	-16	101	308	52	-5.51	57
Total Gross Profit	20	-49	5.47	16	4.99	17	139	348	86	48	104
Total Revenue	438	375	428	378	365	351	556	902	594	522	615
Operating Revenue	438	375	428	378	365	351	556	902	594	522	615
Total Cost of Revenue	418	424	422	362	360	334	417	553	507	475	511
Operating Cost of Revenue	418	424	422	362	360	334	417	553	507	475	511
Total Operating Expenses	91	41	40	39	44	33	38	40	34	53	47
Selling, General & Admin Expense	50	40	35	41	34	32	38	39	37	42	42
Other Operating Expenses / (Income)	-1.79	-0.87	4.57	-1.95	-9.90	0.50	-0.10	0.56	-2.10	12	5.52
Total Other Income / (Expense), net	-7.50	-40	-38	-47	-45	-51	-62	-39	-18	-21	-25
Interest Expense	7.37	40	37	49	46	51	60	47	32	31	31
Other Income / (Expense), net	-0.13	-0.22	0.31	1.55	1.14	-0.01	-2.42	8.08	15	11	5.98
Income Tax Expense	-33	-42	-41	1.74	-21	-4.75	-4.56	39	5.97	-6.68	7.94
Basic Earnings per Share	($1.67)	$2.54	($2.18)	($3.74)	($2.65)	($2.71)	($4.40)	$2.72	$0.37	($0.27)	$0.34
Weighted Average Basic Shares Outstanding	22.76M	25.45M	27.25M	28.81M	29.34M	30.04M	89.56M	76.13M	73.00M	71.85M	71.85M
Diluted Earnings per Share	($1.67)	$2.54	($2.18)	($3.74)	($2.65)	($2.71)	($4.40)	$2.68	$0.37	($0.27)	$0.34
Weighted Average Diluted Shares Outstanding	22.76M	25.45M	27.25M	28.81M	29.34M	30.04M	89.56M	76.13M	73.00M	71.85M	71.85M
Weighted Average Basic & Diluted Shares Outstanding	22.76M	25.45M	27.25M	28.81M	29.34M	30.04M	89.56M	76.13M	73.00M	71.85M	71.85M

This table shows Lsb Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-7.73	-5.35	5.62	9.56	-25	-9.15	-1.64	3.01	7.12	16	20
Consolidated Net Income / (Loss)	-7.73	-5.35	5.62	9.56	-25	-9.15	-1.64	3.01	7.12	16	20
Net Income / (Loss) Continuing Operations	-7.73	-5.35	5.62	9.56	-25	-9.15	-1.64	3.01	7.12	16	20
Total Pre-Tax Income	-13	-3.00	6.23	11	-30	-13	-1.92	4.09	9.65	21	18
Total Operating Income	-9.50	3.25	11	14	-24	-6.75	4.47	10	16	27	23
Total Gross Profit	-3.39	12	22	27	-7.95	6.05	14	23	26	41	36
Total Revenue	114	133	138	140	109	135	143	151	155	165	169
Operating Revenue	114	133	138	140	109	135	143	151	155	165	169
Total Cost of Revenue	118	121	116	113	117	129	129	128	130	124	134
Operating Cost of Revenue	118	121	116	113	117	129	129	128	130	124	134
Total Operating Expenses	6.11	8.76	11	13	16	13	9.92	13	9.91	15	13
Selling, General & Admin Expense	8.51	8.77	10	12	10	9.88	10	9.84	10	11	14
Other Operating Expenses / (Income)	-2.40	-0.00	0.72	1.47	6.44	2.91	-0.24	2.84	-0.42	3.34	-1.19
Total Other Income / (Expense), net	-3.48	-6.24	-5.03	-3.60	-5.44	-6.46	-6.39	-6.40	-5.98	-5.95	-5.60
Interest Expense	7.17	9.92	8.60	6.51	8.12	8.22	8.06	7.95	7.36	7.34	7.12
Other Income / (Expense), net	3.69	3.68	3.56	2.91	2.67	1.76	1.67	1.54	1.39	1.38	1.52
Income Tax Expense	-5.25	2.35	0.60	1.25	-4.48	-4.06	-0.28	1.08	2.54	4.60	-2.13
Basic Earnings per Share	($0.10)	($0.07)	$0.08	$0.13	($0.35)	($0.13)	($0.02)	$0.04	$0.10	$0.22	$0.27
Weighted Average Basic Shares Outstanding	74.34M	73.00M	71.54M	71.62M	71.62M	71.85M	71.88M	71.94M	71.94M	71.85M	71.92M
Diluted Earnings per Share	($0.10)	($0.07)	$0.08	$0.13	($0.35)	($0.13)	($0.02)	$0.04	$0.10	$0.22	$0.27
Weighted Average Diluted Shares Outstanding	74.34M	73.00M	71.54M	71.62M	71.62M	71.85M	71.88M	71.94M	71.94M	71.85M	71.92M
Weighted Average Basic & Diluted Shares Outstanding	74.34M	73.00M	71.54M	71.62M	71.62M	71.85M	71.88M	71.94M	71.94M	71.85M	71.92M

This table details how cash moves in and out of Lsb Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-58	-67	-26	-7.57	-3.26	-6.53	66	-18	37	-81	-0.72
Net Cash From Operating Activities	-4.78	-22	2.28	18	2.10	-2.51	88	346	138	87	96
Net Cash From Continuing Operating Activities	-4.78	-22	2.28	18	2.10	-2.51	88	346	138	87	96
Net Income / (Loss) Continuing Operations	-46	-88	-30	-72	-63	-62	44	230	28	-19	25
Consolidated Net Income / (Loss)	-35	112	-29	-72	-63	-62	44	230	28	-19	25
Depreciation Expense	36	59	67	70	68	70	69	67	69	74	82
Amortization Expense	1.53	1.94	2.15	2.36	4.87	5.07	7.32	-1.27	-0.37	5.67	2.09
Non-Cash Adjustments To Reconcile Net Income	46	19	13	15	12	-2.30	7.08	-4.63	5.69	15	7.90
Changes in Operating Assets and Liabilities, net	-42	-14	-49	2.45	-19	-13	-39	54	35	11	-21
Net Cash From Investing Activities	-351	153	-11	-26	-36	-28	-35	-370	57	-53	-42
Net Cash From Continuing Investing Activities	-351	153	-11	-26	-36	-28	-35	-370	57	-53	-42
Purchase of Property, Plant & Equipment	-439	-213	-35	-37	-36	-30	-35	-46	-68	-92	-77
Purchase of Investments	-25	-	-	-	-	0.00	0.00	-486	-264	-271	-251
Sale and/or Maturity of Investments	65	-	-	-	-	0.00	0.00	159	390	310	285
Other Investing Activities, net	49	3.88	0.74	1.92	0.16	2.05	0.43	3.31	-0.41	-0.20	0.62
Net Cash From Financing Activities	264	-194	-16	0.55	31	24	13	5.71	-158	-114	-54
Net Cash From Continuing Financing Activities	264	-194	-16	0.55	31	24	13	5.71	-158	-114	-54
Repayment of Debt	-74	-203	-26	-395	-40	-62	-475	-30	-144	-116	-65
Issuance of Debt	138	102	11	411	72	87	529	220	18	16	14
Other Financing Activities, net	1.79	-12	-1.45	-13	-2.01	-0.45	-39	-184	-31	-15	-3.65

This table details how cash moves in and out of Lsb Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	1.75	54	27	88	-174	-22	-5.20	-9.42	22	-8.44	1.13
Net Cash From Operating Activities	18	17	24	41	17	3.98	6.84	18	53	18	52
Net Cash From Continuing Operating Activities	18	17	24	41	17	3.98	6.84	18	53	18	52
Net Income / (Loss) Continuing Operations	-7.73	-5.35	5.62	9.56	-25	-9.15	-1.64	3.01	7.12	16	20
Consolidated Net Income / (Loss)	-7.73	-5.35	5.62	9.56	-25	-9.15	-1.64	3.01	7.12	16	20
Depreciation Expense	15	19	17	19	17	22	20	21	19	22	21
Amortization Expense	-2.02	2.04	2.01	5.70	-1.03	1.00	0.00	0.48	-0.05	1.73	0.00
Non-Cash Adjustments To Reconcile Net Income	1.85	4.65	2.07	-0.48	8.34	3.13	0.34	4.27	3.82	-0.63	1.73
Changes in Operating Assets and Liabilities, net	10	-2.91	-2.70	7.86	19	-13	-12	-10	22	-21	9.47
Net Cash From Investing Activities	-8.70	36	48	121	-187	-35	-5.27	10	-22	-25	-45
Net Cash From Continuing Investing Activities	-8.70	36	48	121	-187	-35	-5.27	10	-22	-25	-45
Purchase of Property, Plant & Equipment	-8.86	-26	-18	-15	-31	-28	-21	-18	-17	-21	-17
Purchase of Investments	-29	-34	-35	-	-156	-80	-49	-61	-62	-79	-106
Sale and/or Maturity of Investments	29	97	101	136	-	74	65	90	57	74	74
Other Investing Activities, net	-0.04	-0.38	0.00	0.03	-0.17	-0.06	0.07	-0.18	-0.10	0.84	3.42
Net Cash From Financing Activities	-7.12	1.32	-45	-74	-4.00	8.67	-6.77	-38	-8.47	-0.97	-5.19
Net Cash From Continuing Financing Activities	-7.12	1.32	-45	-74	-4.00	8.67	-6.77	-38	-8.47	-0.97	-5.19
Repayment of Debt	-6.47	-5.79	-37	-67	-4.08	-7.59	-5.60	-38	-8.54	-13	-3.69
Issuance of Debt	-	-	-	-	-	-	0.00	-	-	14	0.00
Other Financing Activities, net	-0.65	-11	-7.38	-7.61	0.09	0.11	-1.17	0.15	-0.03	-2.60	-1.50

This table presents Lsb Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,362	1,270	1,189	1,148	1,088	1,053	1,133	1,440	1,298	1,187	1,174
Total Current Assets	333	181	164	166	131	130	243	567	437	310	293
Cash & Equivalents	127	60	34	26	23	16	82	64	99	20	20
Short-Term Investments	-	-	-	-	-	-	0.00	331	207	164	129
Accounts Receivable	50	51	60	67	40	43	86	75	40	39	57
Inventories, net	43	47	50	54	48	45	43	58	59	57	52
Prepaid Expenses	15	13	19	20	15	19	16	26	17	18	18
Other Current Assets	13	8.65	-	-	5.57	6.79	15	13	12	12	18
Plant, Property, & Equipment, net	979	1,079	1,014	974	936	891	858	849	835	848	834
Total Noncurrent Assets	50	10	11	7.67	21	33	31	25	26	30	47
Intangible Assets	17	10	11	7.67	5.81	6.12	3.91	1.88	1.29	1.18	1.15
Other Noncurrent Operating Assets	-	-	-	-	15	26	27	23	25	29	46
Total Liabilities & Shareholders' Equity	1,362	1,270	1,189	1,148	1,088	1,053	1,133	1,440	1,298	1,187	1,174
Total Liabilities	940	778	751	806	841	632	672	924	780	696	654
Total Current Liabilities	192	120	109	126	103	107	105	142	119	136	106
Short-Term Debt	32	22	18	21	19	30	22	26	19	21	11
Accounts Payable	88	54	56	63	58	47	49	78	68	82	65
Accrued Expenses	-	-	36	42	25	30	33	38	31	32	30
Total Noncurrent Liabilities	748	658	642	680	738	524	567	782	661	560	548
Long-Term Debt	498	406	400	413	450	467	518	703	576	476	440
Noncurrent Deferred & Payable Income Tax Liabilities	52	94	55	57	36	31	27	63	69	62	70
Other Noncurrent Operating Liabilities	186	157	187	211	241	26	23	15	17	22	38
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	422	493	438	342	244	150	460	516	518	492	520
Total Preferred & Common Equity	422	493	438	342	247	150	460	516	518	492	520
Total Common Equity	422	493	438	339	244	147	460	516	518	492	520
Common Stock	198	198	200	202	200	201	502	506	510	514	516
Retained Earnings	248	314	256	154	58	-41	-31	199	227	208	232
Treasury Stock	-25	-20	-18	-16	-13	-13	-11	-190	-219	-230	-228

This table presents Lsb Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	1,453	1,446	1,302	1,292	1,260	1,189	1,183	1,176	1,128	1,150	1,191
Total Current Assets	571	580	440	437	399	332	314	299	255	271	321
Cash & Equivalents	20	49	45	47	126	216	42	15	5.61	28	21
Short-Term Investments	366	377	269	271	139	0.00	157	149	119	124	161
Accounts Receivable	107	60	51	47	54	42	44	52	51	47	53
Inventories, net	57	58	52	54	53	53	53	58	57	53	57
Prepaid Expenses	7.01	22	9.99	6.27	14	8.78	6.14	14	8.55	4.05	13
Other Current Assets	15	14	13	13	12	12	12	12	13	15	17
Plant, Property, & Equipment, net	854	843	835	829	832	830	843	843	838	833	826
Total Noncurrent Assets	28	23	27	26	29	27	26	34	35	46	44
Intangible Assets	2.86	1.70	1.57	1.51	1.45	1.38	1.46	1.10	1.21	1.23	1.07
Other Noncurrent Operating Assets	25	21	25	25	27	26	24	33	34	44	43
Total Liabilities & Shareholders' Equity	1,453	1,446	1,302	1,292	1,260	1,189	1,183	1,176	1,128	1,150	1,191
Total Liabilities	927	916	762	759	742	666	684	685	632	645	648
Total Current Liabilities	148	131	96	100	110	97	124	119	97	95	105
Short-Term Debt	12	19	10	5.49	15	10	13	16	10	2.20	7.96
Accounts Payable	94	68	55	57	56	61	76	59	60	60	62
Accrued Expenses	42	44	31	37	39	26	36	45	27	33	34
Total Noncurrent Liabilities	779	785	666	660	632	569	560	566	536	550	544
Long-Term Debt	704	702	578	577	544	480	476	478	446	448	440
Noncurrent Deferred & Payable Income Tax Liabilities	58	69	71	66	70	71	66	62	63	65	67
Other Noncurrent Operating Liabilities	17	14	17	16	19	18	18	26	27	37	36
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	526	530	540	533	518	523	499	491	496	505	543
Total Preferred & Common Equity	526	530	540	533	518	523	499	491	496	505	543
Total Common Equity	526	530	540	533	518	523	499	491	496	505	543
Common Stock	505	506	508	509	510	511	512	511	513	514	517
Retained Earnings	133	215	240	232	233	242	217	206	209	216	252
Treasury Stock	-112	-191	-208	-208	-225	-230	-230	-227	-226	-226	-226

This table displays calculated financial ratios and metrics derived from Lsb Industries' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-11.74%	-14.42%	14.13%	-11.54%	-3.46%	-3.77%	58.33%	62.11%	-34.16%	-12.01%	17.77%
EBITDA Growth	-153.04%	13.86%	221.31%	44.68%	-31.11%	67.71%	195.48%	118.82%	-64.82%	-36.52%	72.16%
EBIT Growth	-331.04%	-26.85%	62.64%	36.45%	-76.76%	59.04%	734.45%	220.87%	-79.02%	-91.86%	1,071.01%
NOPAT Growth	-401.21%	-26.78%	62.21%	32.46%	-69.78%	60.26%	1,137.80%	133.53%	-83.82%	-109.03%	1,223.90%
Net Income Growth	-277.07%	422.65%	-126.05%	-147.21%	12.20%	2.37%	170.33%	428.99%	-87.88%	-169.31%	227.18%
EPS Growth	-296.47%	252.10%	-185.83%	-71.56%	12.20%	2.37%	-62.36%	160.91%	-86.19%	-172.97%	225.93%
Operating Cash Flow Growth	-112.36%	-361.05%	110.33%	674.25%	-88.09%	-219.72%	3,586.95%	294.46%	-60.21%	-37.05%	10.33%
Free Cash Flow Firm Growth	-21.69%	13.40%	108.94%	289.53%	-68.77%	-1,285.43%	146.55%	241.21%	-73.64%	-104.26%	767.75%
Invested Capital Growth	22.04%	13.01%	-4.46%	-8.83%	-6.00%	28.14%	1.71%	-7.49%	-5.29%	-0.01%	2.28%
Revenue Q/Q Growth	22.42%	19.28%	0.84%	1.56%	-5.40%	4.46%	22.27%	5.06%	-14.54%	0.44%	5.15%
EBITDA Q/Q Growth	6.63%	32.92%	-5.47%	62.58%	-42.60%	55.02%	89.54%	1.76%	-36.39%	-12.79%	29.60%
EBIT Q/Q Growth	-5.96%	4.17%	-9.65%	47.76%	-349.93%	56.16%	445.89%	5.16%	-54.12%	-68.79%	109.40%
NOPAT Q/Q Growth	-5.54%	3.72%	-8.44%	44.24%	-279.60%	57.53%	663.00%	1.28%	-64.04%	-222.74%	159.47%
Net Income Q/Q Growth	-33.51%	-10.72%	43.45%	-23.96%	-30.09%	8.86%	315.26%	11.52%	-71.83%	-24.45%	3,784.58%
EPS Q/Q Growth	-49.11%	-8.30%	17.42%	-15.43%	-30.09%	8.86%	-32.93%	6.35%	-72.18%	-22.73%	3,500.00%
Operating Cash Flow Q/Q Growth	-587.76%	11.22%	220.74%	-18.89%	-89.41%	82.25%	129.13%	22.86%	-33.56%	-13.08%	17.13%
Free Cash Flow Firm Q/Q Growth	45.15%	-203.73%	-56.00%	41.68%	-57.01%	8.35%	133.10%	25.42%	-50.56%	-128.93%	946.85%
Invested Capital Q/Q Growth	-12.41%	0.39%	2.49%	2.20%	2.83%	1.70%	6.68%	-0.76%	0.89%	2.13%	2.59%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	4.58%	-13.16%	1.28%	4.19%	1.37%	4.85%	24.99%	38.63%	14.53%	9.15%	16.95%
EBITDA Margin	-7.73%	-7.78%	8.27%	13.53%	9.65%	16.82%	31.40%	42.38%	22.64%	16.34%	23.94%
Operating Margin	-16.26%	-24.09%	-7.97%	-6.09%	-10.71%	-4.42%	18.17%	34.20%	8.72%	-1.05%	9.31%
EBIT Margin	-16.29%	-24.14%	-7.90%	-5.68%	-10.40%	-4.42%	17.73%	35.10%	11.18%	1.03%	10.28%
Profit (Net Income) Margin	-7.94%	29.94%	-6.83%	-19.10%	-17.37%	-17.62%	7.83%	25.55%	4.70%	-3.70%	4.00%
Tax Burden Percent	44.19%	-86.22%	41.12%	102.47%	75.19%	92.88%	111.69%	85.47%	82.38%	74.33%	75.62%
Interest Burden Percent	110.34%	143.84%	210.31%	328.28%	222.23%	428.82%	39.53%	85.17%	51.06%	-481.99%	51.45%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-11.69%	14.53%	17.62%	0.00%	24.38%
Return on Invested Capital (ROIC)	-7.19%	-7.78%	-2.84%	-2.05%	-3.76%	-1.35%	12.39%	29.80%	5.15%	-0.48%	5.32%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.51%	41.70%	-4.26%	-16.22%	-12.07%	-12.19%	-2.36%	21.42%	0.41%	-5.65%	-0.75%
Return on Net Nonoperating Assets (RNNOA)	-0.94%	32.33%	-3.44%	-16.46%	-17.86%	-17.24%	-2.52%	17.38%	0.25%	-3.35%	-0.45%
Return on Equity (ROE)	-8.13%	24.54%	-6.28%	-18.51%	-21.62%	-18.59%	9.87%	47.18%	5.40%	-3.83%	4.87%
Cash Return on Invested Capital (CROIC)	-27.04%	-20.00%	1.72%	7.19%	2.43%	-26.02%	10.69%	37.58%	10.59%	-0.46%	3.06%
Operating Return on Assets (OROA)	-5.72%	-6.87%	-2.75%	-1.84%	-3.39%	-1.45%	9.02%	24.60%	4.85%	0.43%	5.36%
Return on Assets (ROA)	-2.79%	8.52%	-2.38%	-6.18%	-5.67%	-5.78%	3.98%	17.91%	2.04%	-1.56%	2.09%
Return on Common Equity (ROCE)	-8.13%	24.54%	-6.28%	-18.44%	-21.51%	-10.91%	6.79%	47.18%	5.40%	-3.83%	4.87%
Return on Equity Simple (ROE_SIMPLE)	-8.25%	22.77%	-6.67%	-21.11%	-25.64%	-41.37%	9.46%	44.65%	5.39%	-3.94%	0.00%
Net Operating Profit after Tax (NOPAT)	-50	-63	-24	-16	-27	-11	113	264	43	-3.85	43
NOPAT Margin	-11.38%	-16.86%	-5.58%	-4.26%	-7.50%	-3.10%	20.29%	29.23%	7.18%	-0.74%	7.04%
Net Nonoperating Expense Percent (NNEP)	-5.68%	-49.48%	1.42%	14.17%	8.30%	10.83%	14.75%	8.38%	4.75%	5.17%	6.07%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	21.18%	3.83%	-0.39%	4.46%
Cost of Revenue to Revenue	95.42%	113.16%	98.72%	95.81%	98.63%	95.15%	75.01%	61.37%	85.47%	90.85%	83.05%
SG&A Expenses to Revenue	11.38%	10.72%	8.18%	10.79%	9.36%	9.13%	6.84%	4.37%	6.16%	8.00%	6.75%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.84%	10.92%	9.25%	10.28%	12.07%	9.27%	6.82%	4.43%	5.81%	10.20%	7.64%
Earnings before Interest and Taxes (EBIT)	-71	-90	-34	-21	-38	-16	99	316	66	5.40	63
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-34	-29	35	51	35	59	175	382	134	85	147
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.39	0.48	0.57	0.47	0.49	0.68	2.13	2.11	1.34	1.11	1.18
Price to Tangible Book Value (P/TBV)	0.41	0.49	0.58	0.48	0.51	0.71	2.15	2.12	1.34	1.11	1.18
Price to Revenue (P/Rev)	0.38	0.63	0.58	0.42	0.33	0.28	1.76	1.21	1.17	1.04	0.99
Price to Earnings (P/E)	0.00	3.63	0.00	0.00	0.00	0.00	0.00	4.73	24.79	0.00	24.85
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	27.56%	0.00%	0.00%	0.00%	0.00%	0.00%	21.12%	4.03%	0.00%	4.02%
Enterprise Value to Invested Capital (EV/IC)	0.75	0.70	0.77	0.76	0.82	0.95	1.57	1.68	1.22	1.06	1.11
Enterprise Value to Revenue (EV/Rev)	1.30	1.61	1.48	1.50	1.58	2.44	2.59	1.58	1.65	1.64	1.49
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	17.91	11.12	16.41	14.48	8.24	3.73	7.28	10.04	6.21
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	14.60	4.50	14.74	158.61	14.46
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	12.76	5.41	22.95	0.00	21.12
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	278.20	32.27	275.59	0.00	16.43	4.12	7.12	9.90	9.58
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	43.64	10.06	32.78	0.00	14.78	4.29	11.17	0.00	36.69
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.26	0.87	0.95	1.27	1.97	1.18	1.17	1.41	1.15	1.01	0.87
Long-Term Debt to Equity	1.18	0.83	0.91	1.21	1.89	1.11	1.13	1.36	1.11	0.97	0.85
Financial Leverage	0.62	0.78	0.81	1.02	1.48	1.41	1.07	0.81	0.60	0.59	0.61
Leverage Ratio	2.91	2.88	2.64	3.00	3.81	3.22	2.48	2.63	2.65	2.46	2.33
Compound Leverage Factor	3.21	4.14	5.56	9.83	8.48	13.79	0.98	2.24	1.35	-11.86	1.20
Debt to Total Capital	55.68%	46.52%	48.82%	55.90%	66.29%	54.13%	53.99%	58.54%	53.45%	50.29%	46.49%
Short-Term Debt to Total Capital	3.32%	2.38%	2.07%	2.72%	2.67%	3.30%	2.22%	2.06%	1.73%	2.15%	1.18%
Long-Term Debt to Total Capital	52.35%	44.14%	46.75%	53.18%	63.62%	50.83%	51.78%	56.48%	51.72%	48.14%	45.31%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.39%	0.00%	0.33%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	29.59%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	44.32%	53.48%	51.18%	43.71%	33.71%	15.95%	46.01%	41.46%	46.55%	49.71%	53.51%
Debt to EBITDA	-15.65	-14.70	11.82	8.48	13.63	8.42	3.09	1.91	4.43	5.83	3.07
Net Debt to EBITDA	-11.89	-12.64	10.87	7.97	12.98	8.15	2.62	0.87	2.13	3.67	2.06
Long-Term Debt to EBITDA	-14.72	-13.95	11.32	8.07	13.08	7.91	2.97	1.84	4.28	5.58	2.99
Debt to NOPAT	-10.63	-6.78	-17.52	-26.91	-17.56	-45.77	4.79	2.76	13.95	-129.08	10.43
Net Debt to NOPAT	-8.08	-5.83	-16.11	-25.30	-16.72	-44.28	4.06	1.27	6.72	-81.28	7.00
Long-Term Debt to NOPAT	-10.00	-6.44	-16.77	-25.60	-16.85	-42.98	4.59	2.67	13.50	-123.57	10.17
Altman Z-Score	0.63	0.65	0.82	0.62	0.41	0.35	1.76	2.61	1.70	1.34	1.73
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.38%	0.51%	41.30%	31.18%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.73	1.51	1.50	1.32	1.27	1.21	2.32	3.98	3.68	2.28	2.78
Quick Ratio	0.92	0.93	0.85	0.74	0.61	0.55	1.61	3.30	2.92	1.64	1.95
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-187	-162	15	57	18	-209	97	332	88	-3.73	25
Operating Cash Flow to CapEx	-1.09%	-10.37%	6.42%	57.99%	5.82%	-8.25%	249.45%	754.16%	203.42%	93.80%	123.32%
Free Cash Flow to Firm to Interest Expense	-25.42	-4.09	0.39	1.15	0.38	-4.09	1.63	7.08	2.70	-0.12	0.81
Operating Cash Flow to Interest Expense	-0.65	-0.56	0.06	0.36	0.05	-0.05	1.47	7.36	4.23	2.75	3.11
Operating Cash Flow Less CapEx to Interest Expense	-60.20	-5.92	-0.89	-0.26	-0.73	-0.65	0.88	6.39	2.15	-0.18	0.59
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.35	0.28	0.35	0.32	0.33	0.33	0.51	0.70	0.43	0.42	0.52
Accounts Receivable Turnover	6.36	7.42	7.71	5.99	6.85	8.52	8.63	11.19	10.31	13.20	12.82
Inventory Turnover	7.22	9.40	8.74	7.01	7.08	7.20	9.48	10.90	8.67	8.22	9.41
Fixed Asset Turnover	0.55	0.36	0.41	0.38	0.38	0.38	0.64	1.06	0.71	0.62	0.73
Accounts Payable Turnover	4.93	5.96	7.66	6.11	5.95	6.37	8.69	8.67	6.93	6.25	6.97
Days Sales Outstanding (DSO)	57.40	49.16	47.33	60.93	53.31	42.85	42.32	32.63	35.41	27.65	28.47
Days Inventory Outstanding (DIO)	50.54	38.82	41.78	52.07	51.59	50.70	38.49	33.48	42.08	44.42	38.79
Days Payable Outstanding (DPO)	74.05	61.24	47.67	59.73	61.36	57.34	41.99	42.10	52.69	58.38	52.40
Cash Conversion Cycle (CCC)	33.89	26.74	41.44	53.27	43.53	36.21	38.82	24.02	24.79	13.69	14.86
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	762	861	823	750	705	903	919	850	805	805	823
Invested Capital Turnover	0.63	0.46	0.51	0.48	0.50	0.44	0.61	1.02	0.72	0.65	0.76
Increase / (Decrease) in Invested Capital	138	99	-38	-73	-45	198	15	-69	-45	-0.12	18
Enterprise Value (EV)	568	603	633	569	578	856	1,440	1,425	979	857	915
Market Capitalization	165	235	249	158	121	99	982	1,091	692	544	612
Book Value per Share	$18.48	$17.65	$15.43	$11.85	$8.49	$5.00	$5.18	$6.29	$6.97	$6.86	$7.23
Tangible Book Value per Share	$17.75	$17.28	$15.03	$11.58	$8.29	$4.79	$5.14	$6.27	$6.95	$6.85	$7.21
Total Capital	951	921	856	776	725	920	1,001	1,244	1,113	989	972
Total Debt	530	428	418	434	480	498	540	728	595	497	452
Total Long-Term Debt	498	406	400	413	461	467	518	703	576	476	440
Net Debt	402	368	384	408	458	482	458	334	287	313	303
Capital Expenditures (CapEx)	439	213	35	30	36	30	35	46	68	92	77
Debt-free, Cash-free Net Working Capital (DFCFNWC)	45	23	39	36	24	36	78	56	29	11	51
Debt-free Net Working Capital (DFNWC)	172	83	72	62	47	53	160	450	337	195	199
Net Working Capital (NWC)	141	61	54	41	28	22	138	424	318	174	188
Net Nonoperating Expense (NNE)	-15	-175	5.35	56	36	51	69	33	15	15	19
Net Nonoperating Obligations (NNO)	340	368	384	408	461	482	458	334	287	313	303
Total Depreciation and Amortization (D&A)	37	61	69	73	73	75	76	66	68	80	84
Debt-free, Cash-free Net Working Capital to Revenue	10.32%	6.10%	9.02%	9.43%	6.61%	10.36%	14.06%	6.17%	4.88%	2.13%	8.25%
Debt-free Net Working Capital to Revenue	39.38%	22.12%	16.88%	16.31%	12.85%	14.99%	28.83%	49.90%	56.84%	37.39%	32.38%
Net Working Capital to Revenue	32.16%	16.26%	12.74%	10.74%	7.55%	6.34%	24.85%	47.05%	53.60%	33.32%	30.52%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.28)	$1.95	($1.68)	($2.88)	($2.65)	($2.72)	($4.40)	$0.00	$0.37	($0.27)	$0.34
Adjusted Weighted Average Basic Shares Outstanding	30.51M	36.93M	37.18M	37.45M	38.14M	39.05M	89.56M	0.00	73.00M	71.85M	71.85M
Adjusted Diluted Earnings per Share	($1.28)	$1.95	($1.68)	($2.88)	($2.65)	($2.72)	($4.40)	$0.00	$0.37	($0.27)	$0.34
Adjusted Weighted Average Diluted Shares Outstanding	30.51M	36.93M	37.18M	37.45M	38.14M	39.05M	89.56M	0.00	73.00M	71.85M	71.85M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	($2.88)	($2.65)	($2.72)	($4.40)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	30.51M	36.93M	37.18M	37.45M	38.14M	39.05M	89.56M	0.00	73.00M	71.85M	71.85M
Normalized Net Operating Profit after Tax (NOPAT)	-20	-62	-24	-16	-27	-11	71	264	43	-3.85	43
Normalized NOPAT Margin	-4.47%	-16.56%	-5.58%	-4.26%	-7.50%	-3.10%	12.72%	29.23%	7.18%	-0.74%	7.04%
Pre Tax Income Margin	-17.97%	-34.73%	-16.62%	-18.64%	-23.10%	-18.97%	7.01%	29.89%	5.71%	-4.98%	5.29%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-9.67	-2.28	-0.91	-0.44	-0.82	-0.30	1.65	6.74	2.04	0.17	2.06
NOPAT to Interest Expense	-6.76	-1.59	-0.64	-0.33	-0.59	-0.21	1.89	5.61	1.31	-0.12	1.41
EBIT Less CapEx to Interest Expense	-69.22	-7.64	-1.86	-1.06	-1.60	-0.90	1.06	5.77	-0.04	-2.76	-0.46
NOPAT Less CapEx to Interest Expense	-66.31	-6.95	-1.59	-0.95	-1.37	-0.81	1.30	4.64	-0.77	-3.06	-1.11
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-0.86%	7.16%	0.00%	0.00%	0.00%	0.00%	4.31%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.86%	7.16%	0.00%	0.00%	0.00%	0.00%	4.31%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Lsb Industries' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	71,849,398.00	71,877,955.00	71,936,047.00	-	71,846,842.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	71,849,398.00	71,877,955.00	71,936,047.00	-	71,846,842.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-0.02	0.04	0.10	-	0.27
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-37.98%	-43.24%	-23.63%	-15.54%	-4.44%	1.73%	3.78%	8.01%	42.31%	22.34%	18.17%
EBITDA Growth	-76.01%	-72.48%	-37.93%	-12.74%	-181.01%	-35.30%	-22.84%	-16.43%	683.49%	184.18%	73.40%
EBIT Growth	-138.01%	-91.87%	-56.42%	-44.62%	-274.34%	-171.91%	-58.57%	-30.48%	178.23%	663.50%	301.76%
NOPAT Growth	-168.06%	-96.97%	-54.34%	-48.19%	-157.11%	-307.86%	-69.25%	-39.45%	167.40%	539.78%	730.21%
Net Income Growth	-434.17%	-108.12%	-64.64%	-61.92%	-228.53%	-71.11%	-129.17%	-68.54%	128.03%	276.33%	1,300.30%
EPS Growth	-433.33%	-108.05%	-61.90%	-60.61%	-250.00%	-85.71%	-125.00%	-69.23%	128.57%	269.23%	1,450.00%
Operating Cash Flow Growth	-54.20%	-80.34%	-59.31%	-5.31%	-2.63%	-76.61%	-71.64%	-56.10%	207.25%	351.38%	657.71%
Free Cash Flow Firm Growth	257.71%	-67.11%	-73.51%	-65.74%	-114.12%	-109.74%	-134.45%	-175.75%	61.96%	151.84%	517.06%
Invested Capital Growth	-6.84%	-5.29%	-1.93%	-2.21%	-1.22%	-0.01%	1.50%	3.89%	1.82%	2.28%	-1.40%
Revenue Q/Q Growth	-31.09%	16.04%	4.22%	1.35%	-22.03%	23.52%	6.32%	5.48%	2.73%	6.19%	2.69%
EBITDA Q/Q Growth	-84.12%	262.10%	16.05%	30.76%	-114.75%	389.22%	47.05%	26.62%	9.59%	41.95%	-11.62%
EBIT Q/Q Growth	-118.59%	219.23%	113.96%	16.80%	-225.64%	77.10%	223.29%	95.98%	41.37%	64.97%	-12.10%
NOPAT Q/Q Growth	-127.05%	134.16%	347.70%	25.25%	-234.23%	72.38%	166.24%	146.58%	49.41%	80.21%	25.05%
Net Income Q/Q Growth	-130.79%	30.79%	205.16%	69.93%	-365.64%	63.95%	82.07%	283.29%	136.69%	126.73%	22.02%
EPS Q/Q Growth	-130.30%	30.00%	214.29%	62.50%	-369.23%	62.86%	84.62%	300.00%	150.00%	120.00%	22.73%
Operating Cash Flow Q/Q Growth	-59.79%	-3.27%	41.81%	71.66%	-58.65%	-76.76%	71.93%	165.73%	189.42%	-65.86%	188.61%
Free Cash Flow Firm Q/Q Growth	-42.17%	-9.02%	-44.83%	18.03%	-123.83%	37.21%	-95.05%	-159.54%	88.03%	185.56%	1,469.25%
Invested Capital Q/Q Growth	-2.06%	0.89%	0.50%	-1.53%	-1.07%	2.13%	2.02%	0.80%	-3.05%	2.59%	-1.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	-2.96%	9.06%	16.12%	19.57%	-7.27%	4.48%	10.03%	15.32%	16.43%	24.96%	21.12%
EBITDA Margin	6.65%	20.76%	23.11%	29.81%	-5.64%	13.20%	18.26%	21.92%	23.38%	31.25%	26.90%
Operating Margin	-8.31%	2.45%	8.15%	10.28%	-22.36%	-5.00%	3.12%	6.94%	10.06%	16.17%	13.66%
EBIT Margin	-5.08%	5.22%	10.72%	12.36%	-19.91%	-3.69%	4.28%	7.95%	10.95%	17.01%	14.56%
Profit (Net Income) Margin	-6.76%	-4.03%	4.07%	6.82%	-23.24%	-6.78%	-1.14%	1.99%	4.58%	9.77%	11.61%
Tax Burden Percent	59.55%	178.47%	90.31%	88.43%	84.99%	69.29%	85.28%	73.50%	73.72%	77.82%	112.13%
Interest Burden Percent	223.32%	-43.25%	42.01%	62.42%	137.31%	265.09%	-31.31%	33.98%	56.72%	73.86%	71.15%
Effective Tax Rate	0.00%	0.00%	9.69%	11.57%	0.00%	0.00%	0.00%	26.50%	26.28%	22.18%	-12.13%
Return on Invested Capital (ROIC)	-4.89%	1.23%	4.96%	5.93%	-10.27%	-2.27%	1.41%	3.38%	5.45%	9.51%	12.05%
ROIC Less NNEP Spread (ROIC-NNEP)	-5.25%	-1.23%	3.41%	4.77%	-13.26%	-3.75%	-0.12%	1.83%	3.95%	8.00%	9.95%
Return on Net Nonoperating Assets (RNNOA)	-2.95%	-0.74%	1.91%	2.46%	-7.12%	-2.23%	-0.08%	1.09%	2.31%	4.88%	5.75%
Return on Equity (ROE)	-7.84%	0.49%	6.87%	8.39%	-17.39%	-4.50%	1.34%	4.47%	7.77%	14.39%	17.80%
Cash Return on Invested Capital (CROIC)	21.42%	10.59%	5.78%	7.02%	1.63%	-0.46%	-2.54%	-5.21%	0.30%	3.06%	9.63%
Operating Return on Assets (OROA)	-2.57%	2.27%	4.37%	5.21%	-8.37%	-1.55%	1.85%	3.70%	5.49%	8.86%	7.89%
Return on Assets (ROA)	-3.42%	-1.75%	1.66%	2.88%	-9.77%	-2.85%	-0.50%	0.92%	2.30%	5.09%	6.29%
Return on Common Equity (ROCE)	-7.84%	0.49%	6.87%	8.39%	-17.39%	-4.50%	1.34%	4.47%	7.77%	14.39%	17.80%
Return on Equity Simple (ROE_SIMPLE)	18.61%	0.00%	3.41%	0.40%	-3.12%	0.00%	-5.43%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-6.65	2.27	10	13	-17	-4.72	3.13	7.71	12	21	26
NOPAT Margin	-5.82%	1.71%	7.36%	9.09%	-15.65%	-3.50%	2.18%	5.10%	7.41%	12.58%	15.32%
Net Nonoperating Expense Percent (NNEP)	0.36%	2.45%	1.55%	1.16%	2.99%	1.48%	1.53%	1.55%	1.50%	1.50%	2.10%
Return On Investment Capital (ROIC_SIMPLE)	-	0.20%	-	-	-	-0.48%	0.32%	0.81%	1.21%	2.14%	2.62%
Cost of Revenue to Revenue	102.96%	90.94%	83.88%	80.43%	107.27%	95.52%	89.97%	84.68%	83.57%	75.04%	78.88%
SG&A Expenses to Revenue	7.45%	6.61%	7.45%	8.24%	9.19%	7.33%	7.08%	6.51%	6.65%	6.77%	8.16%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	5.35%	6.61%	7.97%	9.29%	15.09%	9.48%	6.91%	8.38%	6.38%	8.80%	7.46%
Earnings before Interest and Taxes (EBIT)	-5.81	6.93	15	17	-22	-4.98	6.14	12	17	28	25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7.60	28	32	42	-6.16	18	26	33	36	52	46
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.43	1.34	1.24	1.12	1.15	1.11	0.97	1.13	1.12	1.18	1.97
Price to Tangible Book Value (P/TBV)	1.43	1.34	1.24	1.12	1.16	1.11	0.97	1.13	1.13	1.18	1.98
Price to Revenue (P/Rev)	1.09	1.17	1.16	1.11	1.11	1.04	0.90	1.04	0.97	0.99	1.67
Price to Earnings (P/E)	7.67	24.79	36.32	278.02	0.00	0.00	0.00	0.00	0.00	24.85	23.30
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	13.04%	4.03%	2.75%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	4.02%	4.29%
Enterprise Value to Invested Capital (EV/IC)	1.29	1.22	1.15	1.08	1.10	1.06	0.98	1.08	1.08	1.11	1.65
Enterprise Value to Revenue (EV/Rev)	1.48	1.65	1.69	1.64	1.66	1.64	1.52	1.66	1.48	1.49	2.09
Enterprise Value to EBITDA (EV/EBITDA)	4.85	7.28	7.91	7.70	8.84	10.04	10.36	12.56	7.61	6.21	8.03
Enterprise Value to EBIT (EV/EBIT)	7.09	14.74	19.74	25.84	49.97	158.61	0.00	0.00	28.62	14.46	16.35
Enterprise Value to NOPAT (EV/NOPAT)	8.65	22.95	29.77	22.29	275.52	0.00	0.00	0.00	51.80	21.12	19.94
Enterprise Value to Operating Cash Flow (EV/OCF)	4.96	7.12	9.10	8.59	8.68	9.90	11.60	19.37	10.60	9.58	9.52
Enterprise Value to Free Cash Flow (EV/FCFF)	5.79	11.17	19.75	15.19	67.01	0.00	0.00	0.00	363.08	36.69	17.03
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.09	1.15	1.08	0.94	0.98	1.01	1.01	0.92	0.89	0.87	0.83
Long-Term Debt to Equity	1.08	1.11	1.05	0.92	0.95	0.97	0.97	0.90	0.89	0.85	0.81
Financial Leverage	0.56	0.60	0.56	0.52	0.54	0.59	0.62	0.59	0.58	0.61	0.58
Leverage Ratio	2.59	2.65	2.58	2.34	2.40	2.46	2.41	2.27	2.32	2.33	2.29
Compound Leverage Factor	5.79	-1.15	1.08	1.46	3.29	6.52	-0.76	0.77	1.32	1.72	1.63
Debt to Total Capital	52.24%	53.45%	51.88%	48.39%	49.47%	50.29%	50.18%	47.95%	47.13%	46.49%	45.23%
Short-Term Debt to Total Capital	0.49%	1.73%	1.37%	1.03%	1.27%	2.15%	1.62%	1.09%	0.23%	1.18%	0.80%
Long-Term Debt to Total Capital	51.75%	51.72%	50.51%	47.36%	48.20%	48.14%	48.56%	46.86%	46.90%	45.31%	44.43%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	47.76%	46.55%	48.12%	51.61%	50.53%	49.71%	49.82%	52.05%	52.87%	53.51%	54.77%
Debt to EBITDA	2.76	4.43	4.75	4.39	4.99	5.83	6.37	6.43	3.96	3.07	2.69
Net Debt to EBITDA	1.25	2.13	2.47	2.45	2.95	3.67	4.26	4.67	2.62	2.06	1.60
Long-Term Debt to EBITDA	2.73	4.28	4.62	4.30	4.86	5.58	6.16	6.28	3.94	2.99	2.64
Debt to NOPAT	4.91	13.95	17.85	12.72	155.60	-129.08	-57.40	-40.26	26.95	10.43	6.69
Net Debt to NOPAT	2.24	6.72	9.29	7.11	92.10	-81.28	-38.40	-29.25	17.84	7.00	3.98
Long-Term Debt to NOPAT	4.87	13.50	17.38	12.45	151.61	-123.57	-55.55	-39.35	26.82	10.17	6.57
Altman Z-Score	1.69	1.55	1.53	1.54	1.33	1.32	1.31	1.47	1.53	1.63	2.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.39	3.68	3.64	3.41	2.53	2.28	2.51	2.64	2.84	2.78	3.07
Quick Ratio	3.65	2.92	2.91	2.65	1.96	1.64	1.80	1.83	2.08	1.95	2.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	52	47	26	31	-7.33	-4.60	-8.98	-23	-2.79	2.39	37
Operating Cash Flow to CapEx	198.34%	64.20%	131.83%	280.37%	55.13%	14.10%	32.76%	98.30%	309.66%	84.91%	305.12%
Free Cash Flow to Firm to Interest Expense	7.24	4.76	3.03	4.73	-0.90	-0.56	-1.11	-2.93	-0.38	0.33	5.26
Operating Cash Flow to Interest Expense	2.45	1.71	2.80	6.36	2.11	0.48	0.85	2.29	7.14	2.45	7.28
Operating Cash Flow Less CapEx to Interest Expense	1.22	-0.96	0.68	4.09	-1.72	-2.95	-1.74	-0.04	4.83	-0.43	4.89
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.51	0.43	0.41	0.42	0.42	0.42	0.43	0.47	0.50	0.52	0.54
Accounts Receivable Turnover	9.03	10.31	9.73	11.34	11.45	13.20	9.99	11.56	12.87	12.82	12.29
Inventory Turnover	9.51	8.67	8.73	8.90	8.71	8.22	8.82	9.16	9.76	9.41	8.95
Fixed Asset Turnover	0.83	0.71	0.66	0.63	0.62	0.62	0.63	0.65	0.70	0.73	0.77
Accounts Payable Turnover	7.01	6.93	7.78	8.06	7.04	6.25	8.49	8.32	7.60	6.97	8.50
Days Sales Outstanding (DSO)	40.41	35.41	37.53	32.20	31.89	27.65	36.53	31.57	28.36	28.47	29.70
Days Inventory Outstanding (DIO)	38.39	42.08	41.80	41.03	41.91	44.42	41.36	39.83	37.41	38.79	40.78
Days Payable Outstanding (DPO)	52.09	52.69	46.91	45.29	51.86	58.38	43.00	43.86	48.01	52.40	42.95
Cash Conversion Cycle (CCC)	26.71	24.79	32.42	27.93	21.94	13.69	34.89	27.54	17.76	14.86	27.54
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	798	805	809	797	788	805	821	828	802	823	810
Invested Capital Turnover	0.84	0.72	0.67	0.65	0.66	0.65	0.65	0.66	0.74	0.76	0.79
Increase / (Decrease) in Invested Capital	-59	-45	-16	-18	-9.77	-0.12	12	31	14	18	-11
Enterprise Value (EV)	1,026	979	932	859	865	857	804	893	865	915	1,337
Market Capitalization	761	692	641	585	576	544	473	561	567	612	1,071
Book Value per Share	$7.17	$6.97	$7.10	$7.31	$6.97	$6.86	$6.83	$6.90	$7.01	$7.23	$7.56
Tangible Book Value per Share	$7.15	$6.95	$7.08	$7.29	$6.95	$6.85	$6.81	$6.88	$7.00	$7.21	$7.54
Total Capital	1,115	1,113	1,077	1,013	987	989	985	953	954	972	991
Total Debt	583	595	559	490	488	497	494	457	450	452	448
Total Long-Term Debt	577	576	544	480	476	476	478	446	448	440	440
Net Debt	265	287	291	274	289	313	331	332	298	303	267
Capital Expenditures (CapEx)	8.86	26	18	15	31	28	21	18	17	21	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	26	29	37	29	3.05	11	32	44	26	51	43
Debt-free Net Working Capital (DFNWC)	343	337	304	245	202	195	196	169	178	199	225
Net Working Capital (NWC)	338	318	290	235	190	174	180	159	175	188	217
Net Nonoperating Expense (NNE)	1.08	7.62	4.55	3.18	8.29	4.43	4.77	4.71	4.41	4.63	6.28
Net Nonoperating Obligations (NNO)	265	287	291	274	289	313	331	332	298	303	267
Total Depreciation and Amortization (D&A)	13	21	17	24	16	23	20	21	19	24	21
Debt-free, Cash-free Net Working Capital to Revenue	3.68%	4.88%	6.64%	5.48%	0.59%	2.13%	6.11%	8.20%	4.37%	8.25%	6.71%
Debt-free Net Working Capital to Revenue	49.38%	56.84%	55.24%	46.67%	38.91%	37.39%	37.11%	31.38%	30.34%	32.38%	35.04%
Net Working Capital to Revenue	48.59%	53.60%	52.56%	44.69%	36.51%	33.32%	34.09%	29.45%	29.97%	30.52%	33.80%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.10)	($0.07)	$0.08	$0.13	($0.35)	($0.13)	($0.02)	$0.04	$0.10	$0.22	$0.27
Adjusted Weighted Average Basic Shares Outstanding	74.34M	73.00M	71.54M	71.62M	71.62M	71.85M	71.88M	71.94M	71.94M	71.85M	71.92M
Adjusted Diluted Earnings per Share	($0.10)	($0.07)	$0.08	$0.13	($0.35)	($0.13)	($0.02)	$0.04	$0.10	$0.22	$0.27
Adjusted Weighted Average Diluted Shares Outstanding	74.34M	73.00M	71.54M	71.62M	71.62M	71.85M	71.88M	71.94M	71.94M	71.85M	71.92M
Adjusted Basic & Diluted Earnings per Share	$0.00	($0.07)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	74.34M	73.00M	71.54M	71.62M	71.62M	71.85M	71.88M	71.94M	71.94M	71.85M	71.92M
Normalized Net Operating Profit after Tax (NOPAT)	-6.65	2.27	10	13	-17	-4.72	3.13	7.71	12	21	16
Normalized NOPAT Margin	-5.82%	1.71%	7.36%	9.09%	-15.65%	-3.50%	2.18%	5.10%	7.41%	12.58%	9.56%
Pre Tax Income Margin	-11.35%	-2.26%	4.50%	7.71%	-27.34%	-9.79%	-1.34%	2.70%	6.21%	12.56%	10.36%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.81	0.70	1.72	2.66	-2.68	-0.61	0.76	1.51	2.31	3.83	3.47
NOPAT to Interest Expense	-0.93	0.23	1.18	1.96	-2.11	-0.57	0.39	0.97	1.56	2.83	3.65
EBIT Less CapEx to Interest Expense	-2.05	-1.97	-0.40	0.39	-6.51	-4.04	-1.83	-0.81	0.00	0.94	1.08
NOPAT Less CapEx to Interest Expense	-2.16	-2.44	-0.94	-0.31	-5.93	-4.00	-2.20	-1.36	-0.74	-0.05	1.26
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

LSB Industries (NYSE: LXU) has shown a notable upturn in parts of 2025, with improving profitability and cash generation, alongside a still-levered balance sheet. The company posted growing revenues, moved back into positive net income in Q4 2025, and generated meaningful operating cash flow in several quarters. However, investing and financing activities continued to pull cash from the business, and the debt load remains substantial. Below are the 10 most relevant points drawn from the last four years of quarterly statements.

Revenue growth: Q4 2025 operating revenue reached $165.0 million, up from $134.9 million in Q4 2024 (roughly a 22% year-over-year rise).
Net income and earnings per share turning positive: Q4 2025 consolidated net income was $16.13 million with basic/diluted EPS of $0.22, a significant improvement over prior-year quarters that logged losses.
Operating cash flow shows strong core cash generation: Q3 2025 net cash from continuing operating activities was $52.57 million, and Q4 2025 remained positive at about $17.95 million, highlighting improving cash flow from operations.
Debt load trending down: Long-term debt declined to about $447.6 million in Q3 2025, from roughly $476 million in Q3 2024, improving the company’s leverage position.
Working-capital cushion: In Q3 2025, total current assets were approximately $270.6 million against total current liabilities of about $95.3 million, implying a solid working capital buffer (~$175 million).
Earnings volatility across quarters: After negative results in early 2025 (e.g., Q1 2025 net income around -$1.64 million), the company posted positive earnings in subsequent quarters, indicating cyclical or volatile results common to this sector.
Investing cash flow remains volatile: Q4 2025 net cash used in continuing investing activities was about $25.4 million, with Q2 2025 showing a positive ~$10.1 million, reflecting fluctuations in PPE investments and investment sales.
Financing activities have been net cash outflows: Across several quarters, net cash from financing activities ran negative, reflecting debt repayments and other financing outflows that reduce liquidity.
Leverage remains sizable: Total liabilities (~$645 million in Q3 2025) exceeded equity (~$505 million), indicating a leveraged balance sheet that investors should monitor relative to cash generation capability.
Ongoing capital expenditure and investment activity: Quarterly PPE purchases and investment activity (capex and investments in securities) have been a recurring cash outflow, which can pressure liquidity if operating cash flow does not keep pace.

05/06/26 03:14 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Lsb Industries' Financials

When does Lsb Industries' financial year end?

According to the most recent income statement we have on file, Lsb Industries' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Lsb Industries' net income changed over the last 10 years?

Lsb Industries' net income appears to be on an upward trend, with a most recent value of $24.61 million in 2025, falling from -$34.77 million in 2015. The previous period was -$19.35 million in 2024. Find out what analysts predict for Lsb Industries in the coming months.

What is Lsb Industries' operating income?

Lsb Industries' total operating income in 2025 was $57.27 million, based on the following breakdown:

Total Gross Profit: $104.30 million
Total Operating Expenses: $47.03 million

How has Lsb Industries' revenue changed over the last 10 years?

Over the last 10 years, Lsb Industries' total revenue changed from $437.70 million in 2015 to $615.21 million in 2025, a change of 40.6%.

How much debt does Lsb Industries have?

Lsb Industries' total liabilities were at $653.57 million at the end of 2025, a 6.0% decrease from 2024, and a 30.5% decrease since 2015.

How much cash does Lsb Industries have?

In the past 10 years, Lsb Industries' cash and equivalents has ranged from $16.26 million in 2020 to $127.20 million in 2015, and is currently $19.51 million as of their latest financial filing in 2025.

How has Lsb Industries' book value per share changed over the last 10 years?

Over the last 10 years, Lsb Industries' book value per share changed from 18.48 in 2015 to 7.23 in 2025, a change of -60.9%.

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Financial statements for NYSE:LXU last updated on 5/4/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Lsb Industries (LXU) Financials

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Lsb Industries' Financials

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Lsb Industries (LXU) Financials

Annual Income Statements for Lsb Industries

Quarterly Income Statements for Lsb Industries

Annual Cash Flow Statements for Lsb Industries

Quarterly Cash Flow Statements for Lsb Industries

Annual Balance Sheets for Lsb Industries

Quarterly Balance Sheets for Lsb Industries

Annual Metrics And Ratios for Lsb Industries

Quarterly Metrics And Ratios for Lsb Industries

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Frequently Asked Questions About Lsb Industries' Financials

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