NASDAQ : LAKE
Lakeland Industries, Inc. — Financial statements
Consumer Discretionary · Apparel Manufacturing · United States
Last price 8.79 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 87.30M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Lakeland Industries, Inc. (LAKE) reported revenue of 190.96M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 190.96M | 192.65M | 167.21M | 124.69M | 112.85M | 118.39M |
| Cost of Revenue | 128.67M | 129.32M | 98.54M | 73.50M | 67.00M | 67.47M |
| Gross Profit | 62.29M | 63.33M | 68.67M | 51.19M | 45.85M | 50.91M |
| Selling, General & Admin | 70.43M | 70.79M | 68.11M | 47.74M | 39.71M | 34.87M |
| Operating Expenses | 70.93M | 70.79M | 68.11M | 47.74M | 39.71M | 34.87M |
| Operating Income | -8.64M | -7.46M | 562.00K | 3.45M | 6.14M | 16.05M |
| Interest Expense | -2.26M | -2.15M | -1.65M | -52.00K | -37.00K | -15.00K |
| Earnings From Equity Investments | -384.00K | -629.00K | -411.00K | -79.00K | ||
| Other Non Operating Income (Expenses) | 2.00K | -40.00K | 582.00K | 244.00K | 378.00K | 200.00K |
| EBT Excluding Unusual Items | -10.89M | -9.65M | -890.00K | 3.02M | 6.07M | 16.15M |
| Merger & Restructuring Charges | -6.20M | -6.20M | -600.00K | |||
| Impairment of Goodwill | -5.78M | -2.60M | -10.54M | |||
| Gain (Loss) on Sale of Investments | -7.64M | |||||
| Gain (Loss) on Sale of Assets | 10.80M | 4.33M | 3.80M | |||
| Asset Writedown | 1.93M | -3.58M | ||||
| Other Unusual Items | 711.00K | 2.54M | ||||
| Pretax Income | -10.15M | -17.70M | -18.36M | 9.36M | 5.47M | 16.15M |
| Income Tax Expense | 16.58M | 7.61M | -281.00K | 3.93M | 3.60M | 4.78M |
| Earnings From Continuing Operations | -26.72M | -25.31M | -18.07M | 5.42M | 1.87M | 11.37M |
| Net Income | -26.72M | -25.31M | -18.07M | 5.42M | 1.87M | 11.37M |
| Net Income to Common | -26.72M | -25.31M | -18.07M | 5.42M | 1.87M | 11.37M |
| Shares Outstanding (Basic) | 9.80M | 9.63M | 7.43M | 7.35M | 7.56M | 7.90M |
| Shares Outstanding (Diluted) | 9.80M | 9.63M | 7.43M | 7.54M | 7.74M | 8.05M |
| EPS (Basic) | -2.73 | -2.63 | -2.43 | 0.74 | 0.25 | 1.44 |
| EPS (Diluted) | -2.73 | -2.63 | -2.43 | 0.72 | 0.24 | 1.41 |
| Free Cash Flow | -668.00K | -16.42M | -17.42M | 8.84M | -7.44M | 11.98M |
| Free Cash Flow Per Share | -0.07 | -1.71 | -2.35 | 1.17 | -0.96 | 1.49 |
| Dividend Per Share | 0.06 | 0.12 | 0.12 | 0.12 | ||
| Gross Margin | 32.62% | 32.87% | 41.07% | 41.06% | 40.63% | 43.01% |
| Operating Margin | -4.52% | -3.87% | 0.34% | 2.77% | 5.44% | 13.55% |
| Profit Margin | -13.99% | -13.14% | -10.81% | 4.35% | 1.66% | 9.61% |
| Free Cash Flow Margin | -0.35% | -8.52% | -10.42% | 7.09% | -6.59% | 10.12% |
| EBITDA | -3.29M | -2.40M | 3.88M | 5.57M | 7.65M | 17.91M |
| EBITDA Margin | -1.72% | -1.25% | 2.32% | 4.46% | 6.78% | 15.13% |
| D&A For EBITDA | 5.35M | 5.06M | 3.32M | 2.11M | 1.50M | 1.87M |
| EBIT | -8.64M | -7.46M | 562.00K | 3.45M | 6.14M | 16.05M |
| EBIT Margin | -4.52% | -3.87% | 0.34% | 2.77% | 5.44% | 13.55% |
| Effective Tax Rate | 42.01% | 65.77% | 29.60% | |||
| Advertising Expenses | 1.20M | 900.00K | 600.00K | 500.00K | 500.00K |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 17.90M | 12.52M | 17.48M | 25.22M | 24.64M | 52.72M |
| Cash & Short-Term Investments | 17.90M | 12.52M | 17.48M | 25.22M | 24.64M | 52.72M |
| Accounts Receivable | 32.04M | 32.04M | 27.61M | 19.17M | 17.30M | 14.77M |
| Other Receivables | 8.69M | 4.66M | 6.11M | 3.11M | 3.52M | 3.77M |
| Receivables | 40.72M | 36.70M | 33.72M | 22.28M | 20.81M | 18.54M |
| Inventory | 74.93M | 82.54M | 82.74M | 51.25M | 58.18M | 47.71M |
| Other Current Assets | 3.08M | 2.43M | 2.60M | 2.75M | 1.96M | 1.68M |
| Total Current Assets | 136.63M | 134.19M | 136.53M | 101.50M | 105.59M | 120.65M |
| Property, Plant & Equipment | 21.61M | 22.89M | 27.86M | 21.65M | 14.61M | 14.01M |
| Long-Term Investments | 6.88M | 5.35M | 2.70M | |||
| Goodwill | 11.99M | 15.29M | 16.24M | 13.67M | 8.47M | 871.00K |
| Other Intangible Assets | 30.18M | 31.72M | 25.50M | 6.83M | 6.04M | |
| Long-Term Deferred Tax Assets | 1.15M | 1.15M | 6.27M | 3.10M | 2.76M | 2.07M |
| Other Long-Term Assets | 4.97M | 4.70M | 122.00K | 110.00K | 100.00K | 490.00K |
| Total Assets | 206.53M | 209.93M | 212.53M | 153.75M | 142.94M | 140.79M |
| Accounts Payable | 17.92M | 15.56M | 15.74M | 7.38M | 6.56M | 5.86M |
| Accrued Expenses | 14.72M | 13.95M | 12.63M | 6.41M | 4.96M | 4.60M |
| Short-Term Debt | 405.00K | |||||
| Current Portion of Long-Term Debt | 1.75M | 1.89M | 939.00K | 298.00K | ||
| Current Portion of Leases | 3.76M | 4.76M | 3.60M | 2.16M | 1.25M | 1.24M |
| Current Income Taxes Payable | 2.53M | 1.80M | 1.99M | 1.45M | 609.00K | 321.00K |
| Current Unearned Revenue | 5.20M | 1.63M | ||||
| Other Current Liabilities | 643.00K | 3.18M | ||||
| Total Current Liabilities | 45.88M | 37.96M | 34.91M | 18.35M | 18.60M | 12.02M |
| Long-Term Debt | 26.92M | 30.38M | 16.43M | 731.00K | ||
| Long-Term Leases | 6.51M | 10.26M | 10.68M | 9.12M | 3.58M | 3.68M |
| Long-Term Deferred Tax Liabilities | 2.12M | 2.20M | 3.89M | 2.10M | 769.00K | |
| Total Liabilities | 81.42M | 80.81M | 65.91M | 30.30M | 22.95M | 15.69M |
| Common Stock | 112.00K | 112.00K | 109.00K | 87.00K | 87.00K | 86.00K |
| Additional Paid-In Capital | 130.74M | 129.39M | 123.14M | 79.42M | 78.47M | 77.83M |
| Retained Earnings | 19.30M | 23.86M | 50.32M | 69.28M | 64.77M | 62.89M |
| Treasury Stock | -19.98M | -19.98M | -19.98M | -19.98M | -19.65M | -14.21M |
| Comprehensive Income & Other | -5.07M | -4.25M | -6.96M | -5.36M | -3.69M | -1.50M |
| Shareholders' Equity | 125.11M | 129.13M | 146.63M | 123.45M | 119.99M | 125.10M |
| Total Liabilities & Equity | 206.53M | 209.93M | 212.53M | 153.75M | 142.94M | 140.79M |
| Total Debt | 38.94M | 47.29M | 31.65M | 12.31M | 5.24M | 4.92M |
| Net Cash (Debt) | -21.04M | -34.78M | -14.17M | 12.91M | 19.40M | 47.80M |
| Net Cash Per Share | -2.15 | -3.61 | -1.91 | 1.71 | 2.51 | 5.93 |
| Filing Date Shares Outstanding | 9.93M | 10.72M | 9.50M | 7.37M | 7.33M | 7.62M |
| Total Common Shares Outstanding | 9.91M | 9.81M | 9.50M | 7.36M | 7.33M | 7.62M |
| Working Capital | 90.75M | 96.22M | 101.62M | 83.16M | 86.99M | 108.63M |
| Book Value Per Share | 12.62 | 13.17 | 15.44 | 16.76 | 16.38 | 16.43 |
| Tangible Book Value | 82.94M | 82.12M | 104.88M | 102.95M | 105.47M | 124.23M |
| Tangible Book Value Per Share | 8.37 | 8.37 | 11.04 | 13.98 | 14.40 | 16.31 |
| Land | 4.60M | 7.62M | 7.62M | 9.51M | 9.18M | |
| Machinery | 22.93M | 20.50M | 17.19M | 10.94M | 10.63M | |
| Construction In Progress | 496.00K | 970.00K | 1.08M | 1.00M | 32.00K | |
| Leasehold Improvements | 2.02M | 3.06M | 2.39M | 2.09M | 2.24M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -26.72M | -25.31M | -18.07M | 5.42M | 1.87M | 11.37M |
| Depreciation & Amortization | 5.35M | 5.06M | 3.32M | 2.11M | 1.50M | 1.87M |
| Loss (Gain) From Sale of Assets | -10.69M | -4.22M | 61.00K | -3.76M | -6.00K | 39.00K |
| Asset Writedown & Restructuring Costs | 5.78M | 6.18M | 10.54M | |||
| Loss (Gain) From Sale of Investments | 7.64M | |||||
| Loss (Gain) on Equity Investments | 384.00K | 629.00K | 411.00K | 79.00K | ||
| Stock-Based Compensation | 3.05M | 3.39M | 1.56M | 1.36M | 1.49M | 1.67M |
| Provision & Write-off of Bad Debts | 57.00K | 134.00K | -34.00K | |||
| Other Operating Activities | 13.25M | 3.90M | -3.76M | -3.36M | 75.00K | 659.00K |
| Change in Accounts Receivable | -362.00K | -2.67M | -2.64M | -843.00K | -2.28M | 6.73M |
| Change in Inventory | 12.98M | 1.77M | -14.24M | 7.74M | -9.71M | -4.41M |
| Change in Accounts Payable | -421.00K | -1.05M | 5.98M | 417.00K | 36.00K | -1.53M |
| Change in Other Net Operating Assets | -8.10M | -2.80M | -6.63M | 1.13M | 1.02M | -3.65M |
| Operating Cash Flow | -693.00K | -15.75M | -15.88M | 10.91M | -5.45M | 12.79M |
| Capital Expenditures | 25.00K | -671.00K | -1.54M | -2.07M | -1.99M | -801.00K |
| Sale of Property, Plant & Equipment | 10.72M | 5.65M | 4.56M | |||
| Cash Acquisitions | -6.17M | -6.17M | -45.08M | -5.45M | -9.72M | |
| Investment in Securities | -1.12M | -2.15M | -3.06M | -2.78M | ||
| Investing Cash Flow | 4.58M | -1.18M | -47.74M | -5.12M | -14.77M | -3.58M |
| Short-Term Debt Issued | 405.00K | |||||
| Long-Term Debt Issued | 46.38M | 62.09M | 5.66M | |||
| Total Debt Issued | 60.90M | 46.38M | 62.09M | 5.66M | 405.00K | |
| Long-Term Debt Repaid | -32.30M | -46.79M | -7.46M | |||
| Total Debt Repaid | -62.08M | -32.30M | -46.79M | -7.46M | ||
| Net Debt Issued (Repaid) | -1.18M | 14.09M | 15.29M | -1.79M | 405.00K | |
| Issuance of Common Stock | 215.00K | 42.63M | ||||
| Repurchase of Common Stock | -413.00K | -429.00K | -446.00K | -753.00K | -6.28M | -9.80M |
| Common Dividends Paid | -581.00K | -1.15M | -887.00K | -908.00K | ||
| Financing Cash Flow | -1.96M | 12.51M | 56.59M | -3.45M | -5.88M | -9.80M |
| Foreign Exchange Rate Adjustments | -1.77M | -532.00K | -711.00K | -1.76M | -1.99M | 727.00K |
| Net Cash Flow | 152.00K | -4.96M | -7.75M | 583.00K | -28.08M | 123.00K |
| Free Cash Flow | -668.00K | -16.42M | -17.42M | 8.84M | -7.44M | 11.98M |
| Free Cash Flow Margin | -0.35% | -8.52% | -10.42% | 7.09% | -6.59% | 10.12% |
| Free Cash Flow Per Share | -0.07 | -1.71 | -2.35 | 1.17 | -0.96 | 1.49 |
| Levered Free Cash Flow | 17.59M | 109.12K | -25.64M | 7.15M | -2.03M | 10.93M |
| Unlevered Free Cash Flow | 19.00M | 1.45M | -24.60M | 7.18M | -2.01M | 10.94M |
| Cash Interest Paid | 2.24M | 2.13M | 1.65M | 63.00K | 37.00K | 15.00K |
| Cash Income Tax Paid | 3.48M | 3.04M | 3.22M | 2.17M | 3.15M | 5.32M |
| Change in Working Capital | 9.29M | -4.76M | -17.54M | 8.45M | -10.93M | -2.87M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 88.19M | 92.37M | 220.27M | 132.64M | 105.99M | 163.44M |
| Enterprise Value | 109.23M | 127.39M | 250.28M | 116.96M | 75.17M | 113.07M |
| Last Close Price | 8.79 | 9.42 | 23.03 | 17.78 | 14.17 | 20.56 |
| PE Ratio | 24.45 | 56.59 | 14.37 | |||
| Forward PE | 40.59 | 54.61 | 12.50 | 14.64 | 12.81 | 11.52 |
| PS Ratio | 0.46 | 0.48 | 1.32 | 1.06 | 0.94 | 1.38 |
| PB Ratio | 0.70 | 0.71 | 1.50 | 1.07 | 0.88 | 1.31 |
| P/TBV Ratio | 1.05 | 1.12 | 2.10 | 1.29 | 1.00 | 1.32 |
| P/FCF Ratio | 15.00 | 13.64 | ||||
| P/OCF Ratio | 12.15 | 12.78 | ||||
| PEG Ratio | 0.81 | 0.81 | 0.81 | 0.64 | 0.58 | |
| EV/Sales Ratio | 0.57 | 0.66 | 1.50 | 0.94 | 0.67 | 0.95 |
| EV/EBITDA Ratio | 64.54 | 21.02 | 9.83 | 6.31 | ||
| EV/EBIT Ratio | 445.33 | 33.86 | 12.24 | 7.05 | ||
| EV/FCF Ratio | 13.23 | 9.44 | ||||
| Debt / Equity Ratio | 0.31 | 0.37 | 0.22 | 0.10 | 0.04 | 0.04 |
| Debt / EBITDA Ratio | 18.88 | 20.07 | 4.25 | 1.49 | 0.57 | 0.25 |
| Debt / FCF Ratio | 1.39 | 0.41 | ||||
| Net Debt / Equity Ratio | 0.17 | 0.27 | 0.10 | -0.10 | -0.16 | -0.38 |
| Net Debt / EBITDA Ratio | -6.39 | -14.48 | 3.65 | -2.32 | -2.54 | -2.67 |
| Net Debt / FCF Ratio | -31.49 | -2.12 | -0.81 | -1.46 | 2.61 | -3.99 |
| Asset Turnover | 0.88 | 0.91 | 0.91 | 0.84 | 0.80 | 0.84 |
| Inventory Turnover | 1.56 | 1.56 | 1.47 | 1.34 | 1.26 | 1.48 |
| Quick Ratio | 1.28 | 1.30 | 1.47 | 2.59 | 2.44 | 5.93 |
| Current Ratio | 2.98 | 3.54 | 3.91 | 5.53 | 5.68 | 10.04 |
| Return on Equity (ROE) | -19.62% | -18.36% | -13.38% | 4.46% | 1.53% | 9.21% |
| Return on Assets (ROA) | -2.49% | -2.21% | 0.19% | 1.46% | 2.71% | 7.16% |
| Return on Invested Capital (ROIC) | -5.75% | -4.60% | 0.41% | 1.90% | 2.36% | 15.18% |
| Return on Capital Employed (ROCE) | -5.40% | -4.30% | 0.30% | 2.60% | 4.90% | 12.50% |
| Earnings Yield | -30.70% | -27.40% | -8.21% | 4.09% | 1.77% | 6.96% |
| FCF Yield | -0.77% | -17.78% | -7.91% | 6.67% | -7.02% | 7.33% |
| Dividend Yield | 0.34% | 1.27% | 0.52% | 0.67% | ||
| Payout Ratio | 16.74% | |||||
| Buyback Yield / Dilution | -15.41% | -29.62% | 1.50% | 2.56% | 3.92% | 1.07% |
| Total Shareholder Return | -15.07% | -28.35% | 2.02% | 3.23% | 3.92% | 1.07% |