Lucid Group, Inc. (LCID) intrinsic value & 10-year financials
Lucid Group, Inc. (LCID) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 158.0% a year to $1.4B, with an average return on invested capital of 32.1%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $3.13
- Market cap
- $980.9M
- Revenue (FY2025)
- $1.4B
- Revenue growth (8-yr CAGR)
- 158.0%
- ROIC (10-yr avg)
- 32.1%
- Free cash flow (FY2025)
- -$3.8B
LCID 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.4B | -$2.7B | -$12.09 | -$3.8B | -258.7% | -93.7% |
| FY2024 | $807.8M | -$2.7B | -$1.25 | -$2.9B | -373.9% | -57.1% |
| FY2023 | $595.3M | -$2.8B | -$1.36 | -$3.4B | -520.7% | -57.3% |
| FY2022 | $608.2M | -$1.3B | -$1.51 | -$3.3B | -426.5% | -108.9% |
| FY2021 | $27.1M | -$2.6B | -$6.41 | -$1.5B | -5645.1% | 390.5% |
| FY2020 | $4.0M | -$719.4M | -$0.95 | -$1.0B | -15071.1% | 98.5% |
| FY2019 | $4.6M | -$277.4M | -$0.44 | -$339.6M | -5619.5% | 52.6% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Lucid Group, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Lucid Group, Inc. has historically struggled to out-earn its cost of capital, averaging just -35.8% ROIC.
Lucid Group, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Lucid Group, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-401.58 per share.