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Lucid Group (Lucid Group) Net Margin % : -416.01% (As of Dec. 2023)


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What is Lucid Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lucid Group's Net Income for the three months ended in Dec. 2023 was $-653.8 Mil. Lucid Group's Revenue for the three months ended in Dec. 2023 was $157.2 Mil. Therefore, Lucid Group's net margin for the quarter that ended in Dec. 2023 was -416.01%.

The historical rank and industry rank for Lucid Group's Net Margin % or its related term are showing as below:

LCID' s Net Margin % Range Over the Past 10 Years
Min: -18093.06   Med: -6042.64   Max: -214.49
Current: -475.15


LCID's Net Margin % is ranked worse than
97.27% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 3.385 vs LCID: -475.15

Lucid Group Net Margin % Historical Data

The historical data trend for Lucid Group's Net Margin % 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.

Lucid Group Net Margin % Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-6,042.64 -18,093.06 -9,515.55 -214.49 -475.15

Lucid Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 -183.40 -521.66 -506.54 -457.79 -416.01

Competitive Comparison of Lucid Group's Net Margin %

For the Auto Manufacturers subindustry, Lucid Group's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lucid Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lucid Group's Net Margin % falls into.



Lucid Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Lucid Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-2828.42/595.271
=-475.15 %

Lucid Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-653.766/157.151
=-416.01 %

* 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  (NAS:LCID) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Lucid Group Net Margin % Related Terms

Thank you for viewing the detailed overview of Lucid Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lucid Group (Lucid Group) Business Description

Traded in Other Exchanges
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 is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.
Executives
Michael Bell officer: Senior Vice President, Digital C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Ayar Third Investment Co director, 10 percent owner C/O THE PUBLIC INVESTMENT FUND, P.O. BOX 6847, RIYADH T0 11452
Investment Fund Public director, 10 percent owner THE PUBLIC INVESTMENT FUND TOWER,, KING ABDULLAH FINANCIAL DISTRICT (KAFD), AL AQIQ DISTRICT, RIYADH T0 13519
Eric Bach officer: SVP, Product & Chief Engineer 7373 GATEWAY BLVD,, NEWARK CA 94560
Sherry Ann House officer: Chief Financial Officer 7373 GATEWAY BLVD,, NEWARK CA 94560
Peter Dore Rawlinson director, officer: CEO & Chief Technology Officer 7373 GATEWAY BLVD, NEWARK CA 94560
Gagan Dhingra officer: VP of Acctng & Internal Ctrl 50 HAWTHORNE ST, SAN FRANCISCO CA 94105
Chabi Nouri director C/O LUCID GROUP, INC., 7373 GATEWAY BLVD., NEWARK CA 94560
Sherif Marakby director 6061 FAIRBORN DR, CANTON MI 48187
Ori Winitzer director C/O LUCID GROUP, INC., 7373 GATEWAY BLVD., NEWARK CA 94560
Glenn R August director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Turqi A. Alnowaiser director, 10 percent owner C/O THE PUBLIC INVESTMENT FUND, P.O. BOX 6847, RIYADH T0 11452
Anthony L Posawatz director 8071 PINE FOREST CT, DAVISBURY MI 48350
Nichelle Maynard-elliott director PLATFORM SPECIALTY PRODUCTS CORPORATION, 383 MAIN AVENUE, NORWALK CT 06851
Janet S. Wong director 2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576