Lsb INDUSTRIES, Inc. (LXU) intrinsic value & 10-year financials
Lsb INDUSTRIES, Inc. (LXU) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 5.7% a year to $615.2M, with an average return on invested capital of 2.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $10.63
- Market cap
- $769.2M
- Revenue (FY2025)
- $615.2M
- Revenue growth (10-yr CAGR)
- 5.7%
- ROIC (10-yr avg)
- 2.5%
- Free cash flow (FY2025)
- $18.1M
LXU 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $615.2M | $24.6M | $0.34 | $18.1M | 9.3% | 4.6% |
| FY2024 | $522.4M | -$19.4M | -$0.27 | -$5.7M | -1.1% | -0.4% |
| FY2023 | $593.7M | $27.9M | $0.37 | $69.9M | 8.7% | 4.0% |
| FY2022 | $901.7M | $230.3M | $2.68 | $299.8M | 34.2% | 25.7% |
| FY2021 | $556.2M | $43.5M | -$4.40 | $52.5M | 18.2% | 13.5% |
| FY2020 | $351.3M | -$61.9M | -$2.71 | -$33.0M | -4.4% | -2.3% |
| FY2019 | $365.1M | -$63.4M | — | -$34.0M | -10.7% | -4.2% |
| FY2018 | $378.2M | -$72.2M | — | -$19.4M | -6.1% | -3.0% |
| FY2017 | $427.5M | -$29.2M | -$2.18 | -$33.1M | -8.0% | -2.1% |
| FY2016 | $374.6M | $112.2M | $2.54 | -$234.7M | -24.1% | -10.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
LSB INDUSTRIES, INC. has demonstrated mature, steady growth, with revenue compounding at 5.7% annually over the past decade.
LSB INDUSTRIES, INC. has historically struggled to out-earn its cost of capital, averaging just 2.5% ROIC.
LSB INDUSTRIES, INC. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, LSB INDUSTRIES, INC. is modeled at -20.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-9.25 per share.