LUXFER HOLDINGS PLC LXFR
Luxfer Holdings PLC ("Luxfer," "the Company," "we," "our") is a global industrial company focused on niche applications in advanced materials engineering. We develop and manufacture high-performance materials, components, and high-pressure gas containment solutions for customers operating in defense, first response and healthcare, transportation, and specialty industrial markets.
Luxfer's strategy is centered on value creation through the application of deep technical expertise, proprietary technologies, and close collaboration with customers to solve complex engineering challenges. Our core product lines include magnesium alloys and powders, zirconium-based chemicals, aluminum and composite high-pressure gas cylinders, and carbon composite technologies.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $384.6M | $391.9M | $405.0M | $423.4M | $374.1M | $324.8M | $373.4M | $401.9M | $441.3M | $414.8M |
| Cost of revenue | $295.4M | $306.2M | $328.4M | $328.4M | $278.1M | $243.9M | $269.7M | $284.0M | $332.7M | $320.2M |
| Gross profit | $89.2M | $85.7M | $76.6M | $95.0M | $96.0M | $80.9M | $103.7M | $117.9M | $108.6M | $94.6M |
| R&D | $4.3M | $4.4M | $4.6M | $4.9M | $3.9M | $3.3M | $5.7M | $6.3M | $7.8M | $7.6M |
| SG&A | $49.1M | $48.1M | $48.7M | $43.1M | $47.3M | $39.8M | $49.7M | $54.6M | $68.1M | $56.2M |
| Operating income | $24.0M | $30.1M | $4.2M | $44.8M | $36.2M | $28.5M | $18.7M | $33.6M | $21.9M | $32.9M |
| Interest expense | $3.1M | $5.2M | $6.3M | $3.9M | $3.1M | $5.0M | $4.5M | $4.9M | $6.6M | $6.3M |
| Pre-tax income | $22.2M | $26.5M | -$9.7M | $41.0M | $35.4M | $27.8M | $15.6M | $33.8M | $19.8M | $24.1M |
| Income tax | $9.1M | $8.2M | $7.1M | $9.0M | $5.4M | $6.9M | $7.6M | $6.5M | $3.3M | $6.8M |
| Net income | $7.7M | $18.4M | -$1.9M | $26.9M | $29.9M | $20.0M | $3.1M | $25.0M | $16.6M | $17.8M |
| EPS, basic | 0.29 | 0.69 | -0.07 | 0.99 | 1.08 | 0.73 | 0.11 | 0.94 | 0.63 | 0.67 |
| EPS, diluted | 0.28 | 0.68 | -0.07 | 0.98 | 1.07 | 0.72 | 0.11 | 0.90 | 0.62 | 0.67 |
| Shares, diluted (wtd. avg.) | $27.2M | $27.1M | $27.0M | $27.5M | $28.0M | $28.0M | $27.9M | $27.7M | $26.7M | $26.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $8.3M | $4.1M | $2.6M | $12.9M | $6.4M | $1.5M | $10.3M | $14.1M | $13.3M | $13.6M |
| Receivables | $44.6M | $45.8M | $52.3M | $56.4M | $45.8M | $33.6M | $40.8M | $49.8M | $53.8M | — |
| Inventory | $92.4M | $83.6M | $95.9M | $111.1M | $90.5M | $68.8M | $77.6M | $93.6M | $82.2M | — |
| Total current assets | $164.0M | $175.8M | $168.8M | $201.1M | $163.2M | $150.9M | $188.6M | $181.1M | $170.7M | — |
| Property, plant and equipment | $60.2M | $62.8M | $63.8M | $77.7M | $87.5M | $86.0M | $90.2M | $106.9M | $129.1M | $128.6M |
| Goodwill | $69.6M | $67.0M | $67.5M | $65.6M | $69.7M | $70.2M | $68.8M | $67.6M | $71.2M | $67.9M |
| Other intangibles | $10.9M | $11.5M | $12.0M | $12.5M | $13.7M | $12.8M | $13.6M | $14.6M | $16.1M | — |
| Total assets | $369.7M | $382.4M | $372.1M | $407.1M | $368.8M | $346.4M | $390.3M | $408.8M | $415.8M | $399.8M |
| Accounts payable | $24.6M | $29.6M | $26.5M | $37.8M | $31.7M | $18.6M | $30.2M | $36.9M | $28.4M | — |
| Short-term debt | $25.0M | $3.1M | $4.6M | $25.0M | $0 | — | $0 | $3.5M | $19.2M | — |
| Total current liabilities | $98.2M | $93.7M | $64.8M | $110.2M | $83.9M | $65.4M | $77.5M | $91.2M | $84.0M | — |
| Long-term debt | $14.4M | $42.0M | $67.6M | $56.2M | $59.6M | $53.4M | $91.4M | $73.6M | $94.6M | — |
| Total liabilities | $143.3M | $162.9M | $159.5M | $199.8M | $159.7M | $179.3M | $215.9M | $224.5M | $241.3M | — |
| Retained earnings | $102.5M | $108.7M | $104.3M | $120.2M | $107.5M | $91.2M | $84.8M | $95.3M | $83.7M | — |
| Total equity | $226.4M | $219.5M | $212.6M | $207.3M | $209.1M | $167.1M | $174.4M | $184.3M | $174.5M | $150.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $34.0M | $51.1M | $26.3M | $15.9M | $26.1M | $49.6M | $5.8M | $63.2M | $38.8M | $20.6M |
| Depreciation and amortisation | $9.9M | $10.1M | $12.7M | $13.6M | $15.6M | $13.3M | $13.2M | $16.9M | $18.3M | $18.0M |
| Stock-based compensation | $3.6M | $3.5M | $2.8M | $2.5M | $2.8M | $2.8M | $4.5M | $4.8M | $3.1M | $1.4M |
| Capital expenditure | $7.8M | $10.3M | $9.4M | $8.3M | $9.1M | $8.0M | $13.1M | $13.2M | $10.5M | $16.6M |
| Investing cash flow | -$5.1M | -$3.4M | -$9.5M | -$5.7M | -$5.1M | -$6.8M | -$8.3M | -$10.0M | -$16.0M | -$12.5M |
| Financing cash flow | -$25.0M | -$44.0M | -$27.5M | -$2.0M | -$16.1M | -$52.5M | -$1.0M | -$51.9M | -$25.1M | -$29.5M |
| Dividends paid | $13.9M | $14.0M | $14.0M | $14.2M | $3.4M | $3.4M | $3.4M | $3.4M | $3.4M | $3.3M |
| Buybacks | $3.1M | $2.3M | $2.7M | $11.1M | $6.4M | $0 | $0 | $0 | $0 | $7.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0002077096-26-000109.
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