LCID (Lucid Group) EBIT: $-3,237 Mil (TTM As of Mar. 2026)


LCID Lucid Group Inc LCID
58 GF Score
Price $5.16
GF Value $43.42
Valuation Possible Value Trap
! 7 Warning Signs
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What is Lucid Group EBIT?

Lucid Group LCID -0.67% 58 EBIT is $-3,237 Mil as of Mar. 2026. GuruFocus rates LCID with a GF Score™ of 58/100 and a GF Value™ of $43.42 (Possible Value Trap). The stock has 7 warning signs investors should review.

Lucid Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-987 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-3,237 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lucid Group's annualized ROC % for the quarter that ended in Mar. 2026 was -59.29%. Lucid Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -91.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lucid Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -72.26%.


Lucid Group  (NAS:LCID) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Lucid Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-3806.204 * ( 1 - 0% )/( (6560.94 + 6277.792)/ 2 )
=-3806.204/6419.366
=-59.29 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8386.981 - 1162.52 - ( 1628.92 - max(0, 2636.13 - 3299.651+1628.92))
=6560.94

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7483.168 - 1143.01 - ( 700.356 - max(0, 2694.303 - 2756.669+700.356))
=6277.792

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Lucid Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3948.376/( ( (4220.106 + max(-145.26, 0)) + (4287.186 + max(144.344, 0)) )/ 2 )
=-3948.376/( ( 4220.106 + 4431.53 )/ 2 )
=-3948.376/4325.818
=-91.27 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(177.162 + 1109.529 + 384.04) - (1162.52 + 29.95 + 623.521)
=-145.26

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(131.244 + 1468.853 + 456.216) - (1143.01 + 28.744 + 740.215)
=144.344

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Lucid Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-3236.726/4479.557
=-72.26 %

* 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.


Lucid Group EBIT Related Terms


Lucid Group EBIT Historical Data

* Premium members only.

The historical data trend for Lucid Group's EBIT 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.

Lucid Group EBIT Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -2,578.34 -1,273.49 -2,802.48 -2,679.82 -2,605.28

Lucid Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 -355.65 -518.05 -953.22 -778.36 -987.09

LCID vs PSNY, CYD, LOT: EBIT Comparison

For the Auto Manufacturers subindustry, Lucid Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Lucid Group EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lucid Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lucid Group's EV-to-EBIT falls into.


LCID
58GF Score
Lucid Group Inc LCID
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Lucid Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3,237 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-3,237 Mil mean?
Lucid Group (LCID) has a EBIT of $-3,237 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lucid Group.
Is Lucid Group's EBIT too high?
Lucid Group's current EBIT is $-3,237 Mil. Overall, Lucid Group has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lucid Group's EBIT compare to PSNY and CYD?
Lucid Group's EBIT of $-3,237 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lucid Group. Lucid Group's current EBIT is $-3,237 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucid Group stock overvalued right now?
Based on GuruFocus' analysis, Lucid Group (LCID) is currently considered Possible Value Trap. The stock's GF Value™ is $43.42, compared to a current price of $5.16 — trading 88.1% below its estimated fair value. The current EBIT is $-3,237 Mil. Lucid Group's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Lucid Group (LCID), the current EBIT is $-3,237 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lucid Group (LCID) Overvalued in 2026?

Based on GuruFocus' analysis, Lucid Group stock appears to be undervalued. The current stock price of $5.16 is trading 88.1% below its estimated GF Value™ of $43.42. GuruFocus considers Lucid Group to be Possible Value Trap.

Key valuation signals for LCID:

  • EBIT: $-3,237 Mil
  • GF Value™: $43.42 vs. price of $5.16 (88.1% below fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the LCID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lucid Group Business Description

Address 7373 Gateway Boulevard, Newark, CA, USA, 94560
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design, which led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.
58GF Score

Get the complete analysis for LCID

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.16
Price
$43.42
GF Value