Earnings turned from a loss to a profit. Profit per share this year after a loss last year.
LSB Industries made a profit per share in its latest year after a loss the year before.
Investment surge. Capital spending 13% of revenue, up from 5.1% in 2022.
LSB Industries is spending 13% of revenue on facilities and equipment, up from 5.1% in 2022. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.
Profit below an unusually strong 2022.Since 2022 (an unusually strong year for operating profit): revenue −32%, operating profit −81%.Since 2022: revenue −32%, operating profit −81%.
Since 2022, LSB Industries's revenue changed −32% while operating profit fell 81%: costs rose faster than sales.
Cash flow well above reported profit. Free cash flow is 2.6× reported profit.
Free cash flow is 2.6× reported profit. Large non-cash charges, such as depreciation, amortization or stock-based pay, reduce reported profit without using cash.
StockQuotient Score
68/ 100▼ 1 since Oct 27 closeOct 5 71 → Nov 4 68 (-3)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 85 → 82
Share price +6.8%-3
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Why it changed since the Oct 27, 2026 close: Score 50 → 51
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about LSB Industries
Is LSB Industries getting weaker?
Its latest SEC filing (Jul 30, 2026) got weaker in some ways: operating margin fell 2.3 points to 9.5%. Its overall score is 68/100, down 1 since Oct 28, 2026.
How is LSB Industries valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 82/100 against 1,371 basic materials peers.Free cash flow yield 12.2% vs a peer median of 2.6% (stronger than 86% of peers).Free cash flow yield 12.2% vs peers 2.6% (stronger than 86% of peers).
Is LSB Industries growing?
Yes, faster than most of its peers. Growth scores 85/100 against 1,371 basic materials peers.Revenue growth 22.1% vs a peer median of 3.4% (stronger than 84% of peers).Revenue growth 22.1% vs peers 3.4% (stronger than 84% of peers).3-year revenue growth -4.9% vs a peer median of -0.0% (weaker than 68% of peers).3-year revenue growth -4.9% vs peers -0.0% (weaker than 68% of peers).
How profitable is LSB Industries?
About as profitable as its peers. Profitability scores 51/100 against 1,371 basic materials peers.
How risky is LSB Industries?
Moderate risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings.Beta 0.44 vs a peer median of 0.69 (stronger than 76% of peers).Beta 0.44 vs peers 0.69 (stronger than 76% of peers).Debt / equity 0.83× vs a peer median of 0.36× (weaker than 78% of peers).Debt / equity 0.83× vs peers 0.36× (weaker than 78% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 30, 2026 · compared with the quarter ended Mar 31, 2026
Got weaker
Operating margin fell 2.3 points to 9.5%
Previous quarter
Latest quarter
Change
Revenue (12 months)
641.3M USD
658.1M USD
+2.6%
Net income (12 months)
45.9M USD
36.7M USD
−20.0%
Operating margin
11.8%
9.5%
−2.3 pts
Free cash flow (12 months)
66.9M USD
97.3M USD
+45.4%
Debt
448.4M USD
445.0M USD
−0.8%
Cash
20.6M USD
20.4M USD
−1.4%
Shares outstanding
71.9M
72.0M
+0.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Basic Materials · 121 companies
Valuations in Basic Materials are near the top of their range since 2016.
84% of months since 2016 were valued lower than now.
43% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +23% and earnings +13% (medians): prices and earnings moved broadly together.
Median price-to-sales is −9% vs the whole market, against a usual −27%.
2016Shaded: most expensive fifth of its range2026
LSB Industries looks cheaper than most of its peers on our valuation measures, while the Basic Materials sector as a whole is valued high by its own standards since 2016. Both can be true at once.
Shown for Basic Materials: too few Chemicals companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
25.0%
38.6%
14.5%
9.1%
17.0%
▲ 7.8 pts
Operating margin
18.2%
34.2%
8.7%
-1.1%
9.3%
▲ 10 pts
Net margin
7.8%
25.5%
4.7%
-3.7%
4.0%
▲ 7.7 pts
Return on assets (ROA)
3.8%
16.0%
2.2%
-1.6%
2.1%
▲ 3.7 pts
Return on equity (ROE)
9.5%
44.7%
5.4%
-3.9%
4.7%
▲ 8.7 pts
Free cash flow margin
9.4%
33.3%
11.8%
-1.1%
2.9%
▲ 4.0 pts
Current ratio
2.32×
3.98×
3.68×
2.28×
2.78×
▲ 22%
Quick ratio
2.16×
3.76×
3.45×
2.10×
2.61×
▲ 24%
Debt to equity
1.17×
1.41×
1.15×
1.01×
0.87×
▼ 14%
Interest coverage
2.05×
6.59×
1.26×
-0.16×
1.87×
▲ >999%
LXU price history
Price history is added with the daily price update and will appear after the next one.