Lucid (LCID) | Financial Analysis & Statements

Lucid Group Inc. | Mid-cap | Consumer Cyclical

$2.16

5.37%

Lucid vs Tesla Lucid vs Ferrari N.V Lucid vs VinFast Auto Lucid vs Nio Lucid vs Zeekr Intelligent Lucid vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 807.8M

Gross Profit -923.1M -114.27%

Operating Income -3.0B -371.43%

Net Income -2.7B -335.95%

EPS (Diluted) -$1.25

Balance Sheet Metrics

Total Assets 9.6B

Total Liabilities 5.8B

Shareholders Equity 3.9B

Debt to Equity 1.49

Cash Flow Metrics

Operating Cash Flow -2.4B

Free Cash Flow -2.9B

Revenue & Profitability Trend

Lucid Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	807.8M	595.3M	608.2M	27.1M	4.0M
Cost of Goods Sold	1.7B	1.9B	1.6B	154.9M	3.1M
Gross Profit	-923.1M	-1.3B	-1.0B	-127.8M	906.0K
Operating Expenses	2.1B	1.7B	1.6B	1.4B	600.1M
Operating Income	-3.0B	-3.1B	-2.6B	-1.5B	-599.2M
Pre-tax Income	-2.7B	-2.8B	-1.3B	-2.6B	-719.6M
Income Tax	1.2M	1.0M	379.0K	49.0K	-188.0K
Net Income	-2.7B	-2.8B	-1.3B	-2.6B	-719.4M
EPS (Diluted)	-$1.25	-$1.36	-$1.51	-$6.41	-$28.42

Income Statement Trend

Lucid Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	4.9B	4.8B	4.9B	6.5B	662.6M
Non-Current Assets	4.8B	3.8B	3.0B	1.4B	740.1M
Total Assets	9.6B	8.5B	7.9B	7.9B	1.4B
Liabilities
Current Liabilities	1.2B	1.0B	937.6M	396.1M	185.3M
Non-Current Liabilities	4.6B	2.7B	2.6B	3.6B	2.5B
Total Liabilities	5.8B	3.7B	3.5B	4.0B	2.7B
Equity
Total Shareholders Equity	3.9B	4.9B	4.3B	3.9B	-1.3B

Balance Sheet Composition

Lucid Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	-2.7B	-2.8B	-1.3B	-2.6B	-719.4M
Operating Cash Flow	-2.4B	-3.2B	-1.5B	-2.1B	-697.6M
Investing Activities
Capital Expenditures	-883.8M	-910.6M	-1.1B	-421.2M	-459.6M
Investing Cash Flow	-1.3B	-947.0M	-3.7B	-420.7M	-459.6M
Financing Activities
Dividends Paid	-	-	-	-	-
Financing Cash Flow	3.5B	3.0B	1.3B	6.9B	1.3B
Free Cash Flow	-2.9B	-3.4B	-3.3B	-1.5B	-1.0B

Cash Flow Trend

Lucid Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -1.74

Forward P/E -2.45

Price to Book 2.07

Price to Sales 7.57

PEG Ratio -2.45

Profitability Ratios

Profit Margin -275.73%

Operating Margin -294.38%

Return on Equity -50.06%

Return on Assets -20.44%

Financial Health

Current Ratio 3.32

Debt to Equity 52.76

Beta 0.82

Per Share Data

EPS (TTM) -$1.19

Book Value per Share $1.04

Revenue per Share $0.33

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
lcid	6.6B	-1.74	2.07	-50.06%	-275.73%	52.76
Tesla	1.1T	192.81	14.64	8.77%	6.38%	17.41
Ferrari N.V	87.1B	48.29	24.08	46.27%	22.99%	93.27
VinFast Auto	8.1B	40.19	-0.00	81.41%	-149.10%	0.00
Nio	7.7B	-0.32	-26.96	-150.07%	-35.80%	414.98
Zeekr Intelligent	6.7B	-0.97	-0.27	63.27%	-6.78%	-0.10

Financial data is updated regularly. All figures are in the company's reporting currency.