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LXU (LSB Industries) Operating Income : $4.5 Mil (TTM As of Sep. 2024)


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What is LSB Industries Operating Income?

LSB Industries's Operating Income for the three months ended in Sep. 2024 was $-24.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $4.5 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. LSB Industries's Operating Income for the three months ended in Sep. 2024 was $-24.4 Mil. LSB Industries's Revenue for the three months ended in Sep. 2024 was $109.2 Mil. Therefore, LSB Industries's Operating Margin % for the quarter that ended in Sep. 2024 was -22.36%.

LSB Industries's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LSB Industries's annualized ROC % for the quarter that ended in Sep. 2024 was -9.40%. LSB Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -9.92%.


LSB Industries Operating Income Historical Data

The historical data trend for LSB Industries's Operating Income 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 Operating Income Chart

LSB Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.09 -15.54 101.05 308.38 51.78

LSB Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Operating Income 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 -9.50 3.25 11.26 14.40 -24.42

LSB Industries Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.5 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.


LSB Industries  (NYSE:LXU) Operating Income Explanation

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

LSB Industries's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-97.692 * ( 1 - 15.01% )/( (885.915 + 881.203)/ 2 )
=-83.0284308/883.559
=-9.40 %

where

Invested Capital(Q: Jun. 2024 )
=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))
=1189.058 - 86.886 - ( 216.257 - max(0, 97.308 - 332.003+216.257))
=885.915

Invested Capital(Q: Sep. 2024 )
=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))
=1182.933 - 111.841 - ( 199.343 - max(0, 124.348 - 314.237+199.343))
=881.203

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

LSB Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-86.996/( ( (855.679 + max(28.86, 0)) + (867.24 + max(3.053, 0)) )/ 2 )
=-86.996/( ( 884.539 + 870.293 )/ 2 )
=-86.996/877.416
=-9.92 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.915 + 64.974 + 8.857) - (86.886 + 0 + 1.4210854715202E-14)
=28.86

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.275 + 64.482 + 6.137) - (111.841 + 0 + 0)
=3.053

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

LSB Industries's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-24.423/109.217
=-22.36 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


LSB Industries Operating Income Related Terms

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


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 and other parts of North America.
Executives
John Burns officer: Executive Vice President-Mfg 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
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
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