LCID (Lucid Group) Asset Turnover: 0.04 (As of Mar. 2026)


LCID Lucid Group Inc LCID
58 GF Score
Price $5.14
GF Value $43.42
Valuation Possible Value Trap
! 7 Warning Signs
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What is Lucid Group Asset Turnover?

Lucid Group LCID -1.06% 58 Asset Turnover is 0.04 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lucid Group's Revenue for the three months ended in Mar. 2026 was $282 Mil. Lucid Group's Total Assets for the quarter that ended in Mar. 2026 was $7,935 Mil. Therefore, Lucid Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Lucid Group's annualized ROE % for the quarter that ended in Mar. 2026 was -2,248.23%. It is also linked to ROA % through Du Pont Formula. Lucid Group's annualized ROA % for the quarter that ended in Mar. 2026 was -51.84%.


Lucid Group  (NAS:LCID) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Lucid Group's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-4113.376/182.9605
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4113.376 / 1129.86)*(1129.86 / 7935.0745)*(7935.0745/ 182.9605)
=Net Margin %*Asset Turnover*Equity Multiplier
=-364.06 %*0.1424*43.3704
=ROA %*Equity Multiplier
=-51.84 %*43.3704
=-2,248.23 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Lucid Group's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-4113.376/7935.0745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4113.376 / 1129.86)*(1129.86 / 7935.0745)
=Net Margin %*Asset Turnover
=-364.06 %*0.1424
=-51.84 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Lucid Group Asset Turnover Related Terms


Lucid Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Lucid Group's Asset Turnover 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 Asset Turnover Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.01 0.08 0.07 0.09 0.15

Lucid Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.03 0.03 0.04 0.06 0.04

LCID vs PSNY, CYD, LOT: Asset Turnover Comparison

For the Auto Manufacturers subindustry, Lucid Group's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Vehicles & Parts Industry

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

* The bar in red indicates where Lucid Group's Asset Turnover falls into.


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

Asset Turnover measures how quickly a company turns over its asset through sales.

Lucid Group's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1353.79/( (9647.931+8386.981)/ 2 )
=1353.79/9017.456
=0.15

Lucid Group's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=282.465/( (8386.981+7483.168)/ 2 )
=282.465/7935.0745
=0.04

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.04 mean?
Lucid Group (LCID) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Lucid Group and its competitors.
Is Lucid Group's Asset Turnover too high?
Lucid Group's current Asset Turnover is 0.04. 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 Asset Turnover compare to PSNY and CYD?
Lucid Group's Asset Turnover of 0.04 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 Asset Turnover for a Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Lucid Group and its competitors. Lucid Group's current Asset Turnover is 0.04. 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 $5.14 — trading 88.2% below its estimated fair value. The current Asset Turnover is 0.04. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Lucid Group (LCID), the current Asset Turnover is 0.04 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 $5.14 is trading 88.2% below its estimated GF Value™ of $43.42. GuruFocus considers Lucid Group to be Possible Value Trap.

Key valuation signals for LCID:

  • Asset Turnover: 0.04
  • GF Value™: $43.42 vs. price of $5.14 (88.2% 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

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

$5.14
Price
$43.42
GF Value