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Lucid Group, Inc. LCID Debt-to-equity

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Other financials

Income statement

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Revenue$282.5M+20.2%
Gross profit-$311.7M-36.4%
Operating income-$989.5M-43.0%
Net income-$1.0B-181%
EPS (diluted)-$3.46-43.6%

Balance sheet

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Cash & equivalents$765.7M-58.7%
Total debt$3.9B+51.5%
Total equity-$351.4M-111%
Total assets$7.5B-18.8%

Cash flow

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Operating cash flow-$1.2B-177%
CapEx$253.2M+57.0%
Free cash flow-$1.4B-144%

Valuation

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Market cap$2.03B-57.4%
Enterprise value$5.14B-22.5%
P/S1.5×-4.0×

Profitability

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Gross margin-95.6%-8.3pp
Operating margin-271.1%-46.9pp
Net margin-239.8%-27.6pp
FCF margin-331.8%+13.5pp

Returns & leverage

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Return on equity-117.6%+947pp
Current ratio-2.3×

Where this comes from

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

Based on the most recent quarter.

The official record: Lucid Group, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.