GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LSB Industries Inc (NYSE:LXU) » Definitions » ROE %

LSB Industries (LSB Industries) ROE % : -4.07% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is LSB Industries ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. LSB Industries's annualized net income for the quarter that ended in Dec. 2023 was $-21.4 Mil. LSB Industries's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $525.5 Mil. Therefore, LSB Industries's annualized ROE % for the quarter that ended in Dec. 2023 was -4.07%.

The historical rank and industry rank for LSB Industries's ROE % or its related term are showing as below:

LXU' s ROE % Range Over the Past 10 Years
Min: -13.7   Med: -0.02   Max: 47.18
Current: 5.3

During the past 13 years, LSB Industries's highest ROE % was 47.18%. The lowest was -13.70%. And the median was -0.02%.

LXU's ROE % is ranked worse than
50.62% of 1541 companies
in the Chemicals industry
Industry Median: 5.38 vs LXU: 5.30

LSB Industries ROE % Historical Data

The historical data trend for LSB Industries's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LSB Industries ROE % Chart

LSB Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.35 -13.70 9.87 47.18 5.40

LSB Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.57 12.16 18.77 -5.76 -4.07

Competitive Comparison of LSB Industries's ROE %

For the Chemicals subindustry, LSB Industries's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LSB Industries's ROE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LSB Industries's ROE % distribution charts can be found below:

* The bar in red indicates where LSB Industries's ROE % falls into.



LSB Industries ROE % Calculation

LSB Industries's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=27.923/( (515.873+518.331)/ 2 )
=27.923/517.102
=5.40 %

LSB Industries's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-21.388/( (532.744+518.331)/ 2 )
=-21.388/525.5375
=-4.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


LSB Industries  (NYSE:LXU) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-21.388/525.5375
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-21.388 / 530.452)*(530.452 / 1295.195)*(1295.195 / 525.5375)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.03 %*0.4096*2.4645
=ROA %*Equity Multiplier
=-1.65 %*2.4645
=-4.07 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-21.388/525.5375
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-21.388 / -11.984) * (-11.984 / 12.98) * (12.98 / 530.452) * (530.452 / 1295.195) * (1295.195 / 525.5375)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.7847 * -0.9233 * 2.45 % * 0.4096 * 2.4645
=-4.07 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


LSB Industries ROE % Related Terms

Thank you for viewing the detailed overview of LSB Industries's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


LSB Industries (LSB Industries) Business Description

Traded in Other Exchanges
Address
3503 North West 63rd Street, Suite 500, Oklahoma City, OK, USA, 73116
LSB Industries Inc is engaged in the manufacturing and sale of chemical products in the United States. The company manufactures and sells chemical products for the agricultural, industrial, and mining markets. Its products include ammonia, fertilizer grade ammonium nitrate (AN and HDAN), and urea ammonia nitrate (UAN) for agricultural applications; high purity and commercial grade ammonia, sulfuric acids, concentrated, blended, and regular nitric acid, mixed nitrating acids, carbon dioxide, and diesel exhaust fluid for industrial applications; and industrial grade AN (LDAN) and AN solutions for mining applications. Its products are sold through distributors and directly to end customers throughout the United States.
Executives
Lsb Funding Llc 10 percent owner 350 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Sbt Investors Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Todd L Boehly 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Diana M Peninger director 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
Steven L Packebush director 3503 NW 63RD STREET, SUITE 500, OKLAHOMA CITY OK 73116-2238
Damien Renwick officer: Chief Commercial Officer 3503 NW 63RD STREET, SUITE 500, OKLAHOMA CITY OK 73116
Kristy Carver officer: V Pres-Corporate Taxation 16 SOUTH PENNSYLVANIA AVENUE, OKLAHOMA CITY OK 73107
Lynn F White director C/O CF INDUSTRIES HOLDINGS, INC., 4 PARKWAY NORTH, SUITE 400, DEERFIELD IL 60015
Harold L Rieker officer: Vice President/Prin Acctg Off 16 SOUTH PENNSYLVANIA AVENUE, OKLAHOMA CITY OK 73107
John Burns officer: Executive Vice President-Mfg 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
Mark T Behrman officer: SR. VP-Corporate Development
Richard Roedel director 164 WEST RD, NEW CANAAN CT 06840
Cheryl Maguire officer: Sr. VP/CFO 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
Kanna Kitamura director 350 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Sanders Richard S Jr director 16 SOUTH PENNSYLVANIA AVENUE, OKLAHOMA CITY OK 73107

LSB Industries (LSB Industries) Headlines

From GuruFocus

LSB Industries Expects Improved Operating Results

By Tom Kerr, CFA 06-23-2023

Top 5 3rd Quarter Trades of SECURITY BENEFIT LIFE INSURANCE CO /KS/

By GuruFocus Research GuruFocus Editor 12-08-2022