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Lucid Group, Inc. LCID Debt-to-equity

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Other financials

Income statement

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Revenue$405.3M+56.2%
Gross profit-$426.7M-56.7%
Operating income-$1.1B-34.8%
Net income-$1.0B-91.8%
EPS (diluted)-$3.30-1,079%

Balance sheet

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Cash & equivalents$732.6M-59.2%
Total debt$3.4B+22.6%
Total equity-$1.1B-144%
Total assets$7.7B-13.2%

Cash flow

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Operating cash flow-$1.2B-47.2%
CapEx$253.8M+39.0%
Free cash flow-$1.5B-45.7%

Valuation

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Market cap$2.75B-59.0%
Enterprise value$5.38B-29.8%
P/S1.8×-5.5×

Profitability

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Gross margin-96.6%-2.6pp
Operating margin-263.6%-40.8pp
Net margin-249.2%+2.2pp
FCF margin-330.4%+2.1pp

Returns & leverage

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Return on equity-117.6%+947pp
Current ratio1.1×-1.4×

Where this comes from

Calculated from Lucid Group, Inc.’s reported figures.

Based on the most recent quarter.

The source filing: Lucid Group, Inc.’s 10-K, filed February 24, 2026. Open the filing →

Filed
Feb 24, 2026, 4:04 PM EST
Fiscal year
FY2025
Accession
0001628280-26-011053

FAQ

What is Lucid Group, Inc.'s debt-to-equity?
Lucid Group, Inc. (LCID) reported debt-to-equity of 5.4× in Q4 2025.
How has Lucid Group, Inc.'s debt-to-equity changed year-over-year?
Lucid Group, Inc.'s debt-to-equity increased by 743.2% year-over-year, from 0.6× to 5.4×.
What is the long-term trend for Lucid Group, Inc.'s debt-to-equity?
Over 4 years (2021 to 2025), Lucid Group, Inc.'s debt-to-equity has grown at a 76.1% compound annual growth rate (CAGR), from 0.6× to 5.4×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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