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LCID · Nasdaq · United States · Motor Vehicles & Passenger Car Bodies
In shortLucid Group, Inc. is loss-making, burns cash and carries heavy debt, with revenue growing (+67.6% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -258.7% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -199.3% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -117.6% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -101.8% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.25× | 38/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 3.79× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -36.82× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -8.21 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -280.7% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 913.9% | 0/100 |
| Operating margin volatility | 2349.8% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 30.6% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 27 | 608 | 595 | 808 | 1,354 |
| Cost of revenue | 155 | 1,646 | 1,936 | 1,731 | 2,610 |
| Gross profit | (128) | (1,038) | (1,341) | (923) | (1,256) |
| Research & development | 750 | 822 | 937 | 1,176 | 1,211 |
| Selling, general & admin | 652 | 735 | 797 | 901 | 1,034 |
| Operating income | (1,530) | (2,594) | (3,100) | (3,021) | (3,502) |
| Interest expense | 1.4 | 31 | 25 | 33 | 95 |
| Pre-tax income | (2,580) | (1,304) | (2,827) | (2,713) | (2,700) |
| Income tax | 0 | 0.4 | 1 | 1.2 | (2.3) |
| Net income | (2,580) | (1,304) | (2,828) | (2,714) | (2,698) |
| Diluted EPS | −$6.41 | −$1.51 | −$13.59 | −$12.52 | −$12.09 |
| Diluted shares (millions) | 740 | 1,693 | 208 | 245 | 313 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
−8.21 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
2/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 4, 2026