NASDAQ : LCUT
Lifetime Brands, Inc. — Financial statements
Consumer Discretionary · Furnishings, Fixtures & Appliances · United States
Last price 8.46 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 194.49M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Lifetime Brands, Inc. (LCUT) reported revenue of 661.06M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 661.06M | 647.93M | 682.95M | 686.68M | 727.66M | 862.92M |
| Cost of Revenue | 414.54M | 407.24M | 422.25M | 432.04M | 467.35M | 559.61M |
| Gross Profit | 246.53M | 240.69M | 260.70M | 254.64M | 260.32M | 303.32M |
| Selling, General & Admin | 222.17M | 218.91M | 231.57M | 222.49M | 229.49M | 237.72M |
| Operating Expenses | 222.17M | 218.91M | 231.57M | 222.49M | 229.49M | 237.72M |
| Operating Income | 24.36M | 21.79M | 29.14M | 32.15M | 30.82M | 65.60M |
| Interest Expense | -18.20M | -20.78M | -22.67M | -22.23M | -15.23M | -14.46M |
| Earnings From Equity Investments | -2.09M | -12.66M | -9.47M | 962.00K | ||
| EBT Excluding Unusual Items | 6.16M | 1.00M | 4.37M | -2.75M | 6.12M | 52.10M |
| Merger & Restructuring Charges | -6.57M | -2.56M | -2.05M | -856.00K | -1.42M | |
| Impairment of Goodwill | -33.24M | |||||
| Gain (Loss) on Sale of Investments | -14.15M | |||||
| Asset Writedown | -14.76M | |||||
| Legal Settlements | -1.82M | 4.58M | ||||
| Other Unusual Items | 40.10M | 1.41M | -5.14M | |||
| Pretax Income | 37.87M | -30.22M | -11.83M | -2.19M | -438.00K | 37.34M |
| Income Tax Expense | 6.07M | -3.28M | 3.33M | 6.22M | 5.73M | 16.54M |
| Net Income | 31.80M | -26.94M | -15.16M | -8.41M | -6.17M | 20.80M |
| Net Income to Common | 31.80M | -26.94M | -15.16M | -8.41M | -6.17M | 20.80M |
| Shares Outstanding (Basic) | 21.84M | 21.70M | 21.48M | 21.20M | 21.56M | 21.40M |
| Shares Outstanding (Diluted) | 22.05M | 21.70M | 21.48M | 21.20M | 21.56M | 22.04M |
| EPS (Basic) | 1.46 | -1.24 | -0.71 | -0.40 | -0.29 | 0.97 |
| EPS (Diluted) | 1.44 | -1.24 | -0.71 | -0.40 | -0.29 | 0.94 |
| Free Cash Flow | 20.77M | 3.25M | 16.34M | 53.63M | 21.34M | 33.00M |
| Free Cash Flow Per Share | 0.94 | 0.15 | 0.76 | 2.53 | 0.99 | 1.50 |
| Dividend Per Share | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 |
| Gross Margin | 37.29% | 37.15% | 38.17% | 37.08% | 35.77% | 35.15% |
| Operating Margin | 3.69% | 3.36% | 4.27% | 4.68% | 4.24% | 7.60% |
| Profit Margin | 4.81% | -4.16% | -2.22% | -1.23% | -0.85% | 2.41% |
| Free Cash Flow Margin | 3.14% | 0.50% | 2.39% | 7.81% | 2.93% | 3.82% |
| EBITDA | 45.72M | 43.63M | 51.45M | 51.72M | 50.36M | 88.12M |
| EBITDA Margin | 6.92% | 6.73% | 7.53% | 7.53% | 6.92% | 10.21% |
| D&A For EBITDA | 21.36M | 21.85M | 22.31M | 19.57M | 19.54M | 22.52M |
| EBIT | 24.36M | 21.79M | 29.14M | 32.15M | 30.82M | 65.60M |
| EBIT Margin | 3.69% | 3.36% | 4.27% | 4.68% | 4.24% | 7.60% |
| Effective Tax Rate | 16.03% | 44.30% | ||||
| Advertising Expenses | 7.40M | 7.80M | 7.50M | 6.80M | 4.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.45M | 4.27M | 2.93M | 16.19M | 23.60M | 27.98M |
| Trading Asset Securities | 102.00K | 122.00K | ||||
| Cash & Short-Term Investments | 5.45M | 4.27M | 3.03M | 16.19M | 23.72M | 27.98M |
| Accounts Receivable | 120.88M | 161.86M | 156.74M | 155.18M | 141.19M | 175.08M |
| Other Receivables | 36.57M | 1.57M | 80.00K | |||
| Receivables | 157.45M | 163.43M | 156.74M | 155.18M | 141.19M | 175.16M |
| Inventory | 197.07M | 194.05M | 202.41M | 188.65M | 222.21M | 270.52M |
| Prepaid Expenses | 12.47M | 12.15M | 11.13M | 16.28M | 13.13M | 10.96M |
| Other Current Assets | 256.00K | 56.00K | 461.00K | |||
| Total Current Assets | 372.45M | 373.89M | 373.57M | 376.36M | 400.26M | 485.07M |
| Property, Plant & Equipment | 119.54M | 63.95M | 74.62M | 86.73M | 92.89M | 107.23M |
| Long-Term Investments | 158.00K | 379.00K | 2.62M | 13.81M | 22.30M | |
| Goodwill | 33.24M | 33.24M | 33.24M | 30.27M | ||
| Other Intangible Assets | 124.29M | 132.92M | 150.29M | 165.90M | 180.65M | 182.41M |
| Other Long-Term Assets | 567.00K | 1.79M | 2.22M | 2.31M | 5.05M | 1.79M |
| Total Assets | 617.00M | 572.55M | 634.31M | 667.14M | 725.89M | 829.07M |
| Accounts Payable | 48.74M | 45.84M | 60.03M | 54.15M | 38.05M | 82.57M |
| Accrued Expenses | 71.16M | 58.84M | 61.17M | 67.71M | 69.69M | 96.66M |
| Current Portion of Long-Term Debt | 37.91M | 5.02M | 4.89M | 4.74M | 5.77M | |
| Current Portion of Leases | 14.30M | 16.14M | 15.14M | 14.07M | 14.03M | 12.61M |
| Current Income Taxes Payable | 4.39M | 830.00K | 641.00K | 224.00K | 604.00K | |
| Other Current Liabilities | 5.45M | 9.68M | 10.65M | 7.92M | 16.08M | |
| Total Current Liabilities | 176.50M | 131.30M | 151.74M | 151.97M | 129.91M | 214.30M |
| Long-Term Debt | 110.41M | 180.03M | 173.64M | 196.23M | 253.28M | 242.84M |
| Long-Term Leases | 96.81M | 42.44M | 56.74M | 70.01M | 76.42M | 90.82M |
| Long-Term Unearned Revenue | 890.00K | 1.16M | ||||
| Pension & Post-Retirement Benefits | 4.39M | 4.32M | 5.06M | 5.18M | 6.92M | |
| Long-Term Deferred Tax Liabilities | 1.52M | 1.55M | 5.60M | 7.44M | 9.61M | 12.84M |
| Other Long-Term Liabilities | 14.27M | 10.56M | 12.35M | 5.56M | 10.52M | 4.54M |
| Total Liabilities | 399.52M | 370.28M | 404.39M | 436.26M | 485.80M | 573.43M |
| Common Stock | 230.00K | 227.00K | 222.00K | 218.00K | 218.00K | 220.00K |
| Additional Paid-In Capital | 285.57M | 283.45M | 280.57M | 277.73M | 274.58M | 271.56M |
| Retained Earnings | -50.53M | -63.35M | -32.55M | -13.57M | 1.15M | 17.42M |
| Comprehensive Income & Other | -17.79M | -18.05M | -18.32M | -33.50M | -35.85M | -33.55M |
| Shareholders' Equity | 217.48M | 202.28M | 229.92M | 230.88M | 240.09M | 255.65M |
| Total Liabilities & Equity | 617.00M | 572.55M | 634.31M | 667.14M | 725.89M | 829.07M |
| Total Debt | 259.43M | 243.64M | 250.42M | 285.06M | 343.73M | 352.05M |
| Net Cash (Debt) | -253.97M | -239.37M | -247.39M | -268.87M | -320.01M | -324.07M |
| Net Cash Per Share | -11.52 | -11.03 | -11.52 | -12.69 | -14.84 | -14.71 |
| Filing Date Shares Outstanding | 22.99M | 22.65M | 22.16M | 21.81M | 21.48M | 22.02M |
| Total Common Shares Outstanding | 22.99M | 22.65M | 22.16M | 21.81M | 21.78M | 22.02M |
| Working Capital | 195.94M | 242.59M | 221.82M | 224.39M | 270.35M | 270.77M |
| Book Value Per Share | 9.46 | 8.93 | 10.38 | 10.58 | 11.02 | 11.61 |
| Tangible Book Value | 93.19M | 69.36M | 46.40M | 31.75M | 26.20M | 42.97M |
| Tangible Book Value Per Share | 4.05 | 3.06 | 2.09 | 1.46 | 1.20 | 1.95 |
| Land | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K | |
| Buildings | 1.13M | 983.00K | 960.00K | 764.00K | 787.00K | |
| Machinery | 122.30M | 122.48M | 118.35M | 115.77M | 114.55M | |
| Construction In Progress | 2.76M | 381.00K | 569.00K | 1.25M | 715.00K | |
| Leasehold Improvements | 40.04M | 39.38M | 38.96M | 37.83M | 38.43M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 31.80M | -26.94M | -15.16M | -8.41M | -6.17M | 20.80M |
| Depreciation & Amortization | 21.36M | 21.85M | 22.31M | 19.57M | 19.54M | 22.52M |
| Other Amortization | 2.69M | 2.75M | 2.86M | 1.97M | 1.81M | 1.74M |
| Loss (Gain) From Sale of Assets | -94.00K | -94.00K | ||||
| Asset Writedown & Restructuring Costs | 296.00K | 33.24M | 14.76M | |||
| Loss (Gain) From Sale of Investments | -497.00K | 754.00K | 14.62M | 499.00K | -1.97M | -1.06M |
| Loss (Gain) on Equity Investments | 2.09M | 12.66M | 9.47M | -807.00K | ||
| Stock-Based Compensation | 3.19M | 3.30M | 3.92M | 3.69M | 3.85M | 5.22M |
| Provision & Write-off of Bad Debts | -253.00K | 1.11M | 950.00K | 2.12M | 662.00K | -5.00K |
| Other Operating Activities | -5.94M | -6.32M | -4.05M | -5.43M | -168.00K | 1.00M |
| Change in Accounts Receivable | -31.38M | -4.93M | -3.21M | -14.97M | 33.89M | -5.53M |
| Change in Inventory | 20.09M | 11.24M | -14.56M | 35.43M | 47.44M | -67.50M |
| Change in Accounts Payable | 11.90M | -25.13M | 4.18M | 10.85M | -81.36M | 48.08M |
| Change in Income Taxes | 9.43M | -2.45M | -592.00K | 298.00K | -216.00K | -4.27M |
| Change in Other Net Operating Assets | -35.03M | -779.00K | 5.20M | -1.83M | -2.45M | 2.04M |
| Operating Cash Flow | 27.56M | 7.61M | 18.57M | 56.43M | 24.32M | 36.99M |
| Capital Expenditures | -6.78M | -4.35M | -2.23M | -2.80M | -2.98M | -3.99M |
| Sale of Property, Plant & Equipment | 94.00K | 94.00K | ||||
| Cash Acquisitions | -17.96M | -178.00K | ||||
| Investment in Securities | 3.06M | |||||
| Investing Cash Flow | -6.69M | -4.26M | -2.23M | -2.80M | -20.93M | -1.10M |
| Long-Term Debt Issued | 318.06M | 268.21M | 218.38M | 276.29M | 103.39M | |
| Total Debt Issued | 254.24M | 318.06M | 268.21M | 218.38M | 276.29M | 103.39M |
| Long-Term Debt Repaid | -316.07M | -292.81M | -263.10M | -271.91M | -141.26M | |
| Total Debt Repaid | -277.95M | -316.07M | -292.81M | -263.10M | -271.91M | -141.26M |
| Net Debt Issued (Repaid) | -23.71M | 1.99M | -24.60M | -44.72M | 4.38M | -37.87M |
| Issuance of Common Stock | 294.00K | 233.00K | 877.00K | |||
| Repurchase of Common Stock | -183.00K | -416.00K | -1.08M | -3.08M | -7.39M | -3.19M |
| Common Dividends Paid | -3.84M | -3.78M | -3.81M | -3.73M | -3.82M | -3.84M |
| Other Financing Activities | -9.54M | -1.02M | ||||
| Financing Cash Flow | -27.44M | -2.21M | -29.49M | -61.06M | -7.62M | -44.03M |
| Foreign Exchange Rate Adjustments | -23.00K | 203.00K | -112.00K | 23.00K | -155.00K | 161.00K |
| Net Cash Flow | -6.59M | 1.34M | -13.26M | -7.41M | -4.38M | -7.98M |
| Free Cash Flow | 20.77M | 3.25M | 16.34M | 53.63M | 21.34M | 33.00M |
| Free Cash Flow Margin | 3.14% | 0.50% | 2.39% | 7.81% | 2.93% | 3.82% |
| Free Cash Flow Per Share | 0.94 | 0.15 | 0.76 | 2.53 | 0.99 | 1.50 |
| Levered Free Cash Flow | 598.88K | 3.52M | 19.09M | 62.27M | 32.47M | 31.18M |
| Unlevered Free Cash Flow | 9.28M | 13.75M | 30.40M | 74.19M | 40.19M | 38.48M |
| Cash Interest Paid | 16.48M | 17.65M | 19.96M | 18.63M | 15.42M | 13.70M |
| Cash Income Tax Paid | 648.00K | 3.17M | 5.96M | 8.05M | 9.76M | 19.01M |
| Change in Working Capital | -24.99M | -22.05M | -8.97M | 29.77M | -2.70M | -27.18M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 199.54M | 89.49M | 130.95M | 146.37M | 167.01M | 351.63M |
| Enterprise Value | 453.52M | 334.82M | 401.79M | 452.85M | 528.35M | 700.10M |
| Last Close Price | 8.46 | 3.86 | 5.54 | 6.15 | 6.75 | 14.00 |
| PE Ratio | 6.03 | 16.91 | ||||
| Forward PE | 10.54 | 17.17 | 10.55 | 11.12 | 38.92 | 10.83 |
| PS Ratio | 0.29 | 0.14 | 0.19 | 0.21 | 0.23 | 0.41 |
| PB Ratio | 0.89 | 0.44 | 0.57 | 0.63 | 0.70 | 1.38 |
| P/TBV Ratio | 2.09 | 1.29 | 2.82 | 4.61 | 6.37 | 8.18 |
| P/FCF Ratio | 9.36 | 27.50 | 8.01 | 2.73 | 7.83 | 10.65 |
| P/OCF Ratio | 7.06 | 11.76 | 7.05 | 2.59 | 6.87 | 9.51 |
| PEG Ratio | 0.72 | 1.23 | 0.75 | 0.79 | 2.78 | 0.77 |
| EV/Sales Ratio | 0.68 | 0.52 | 0.59 | 0.66 | 0.73 | 0.81 |
| EV/EBITDA Ratio | 9.81 | 7.67 | 7.81 | 8.76 | 10.49 | 7.95 |
| EV/EBIT Ratio | 18.41 | 15.37 | 13.79 | 14.09 | 17.14 | 10.67 |
| EV/FCF Ratio | 21.59 | 102.89 | 24.59 | 8.44 | 24.75 | 21.21 |
| Debt / Equity Ratio | 1.19 | 1.20 | 1.09 | 1.24 | 1.43 | 1.38 |
| Debt / EBITDA Ratio | 3.64 | 3.60 | 3.35 | 3.85 | 4.71 | 3.15 |
| Debt / FCF Ratio | 12.49 | 74.87 | 15.32 | 5.32 | 16.10 | 10.67 |
| Net Debt / Equity Ratio | 1.17 | 1.18 | 1.08 | 1.17 | 1.33 | 1.27 |
| Net Debt / EBITDA Ratio | 5.55 | 5.49 | 4.81 | 5.20 | 6.36 | 3.68 |
| Net Debt / FCF Ratio | 12.22 | 73.56 | 15.14 | 5.01 | 14.99 | 9.82 |
| Asset Turnover | 1.13 | 1.07 | 1.05 | 0.99 | 0.94 | 1.05 |
| Inventory Turnover | 2.00 | 2.05 | 2.16 | 2.10 | 1.90 | 2.36 |
| Quick Ratio | 0.92 | 1.28 | 1.05 | 1.13 | 1.27 | 0.95 |
| Current Ratio | 2.11 | 2.85 | 2.46 | 2.48 | 3.08 | 2.26 |
| Return on Equity (ROE) | 15.77% | -12.46% | -6.58% | -3.57% | -2.49% | 8.56% |
| Return on Assets (ROA) | 2.60% | 2.26% | 2.80% | 2.89% | 2.48% | 5.01% |
| Return on Invested Capital (ROIC) | 4.67% | 4.74% | 5.96% | 6.07% | 5.41% | 6.22% |
| Return on Capital Employed (ROCE) | 5.50% | 4.90% | 6.00% | 6.20% | 5.20% | 10.70% |
| Earnings Yield | 16.59% | -30.10% | -11.58% | -5.75% | -3.69% | 5.92% |
| FCF Yield | 10.68% | 3.64% | 12.48% | 36.64% | 12.78% | 9.38% |
| Dividend Yield | 1.93% | 4.30% | 2.88% | 2.53% | 2.22% | 1.06% |
| Payout Ratio | 11.81% | 18.48% | ||||
| Buyback Yield / Dilution | -2.07% | -1.04% | -1.35% | 1.68% | 2.17% | -5.64% |
| Total Shareholder Return | -0.06% | 3.26% | 1.53% | 4.22% | 4.39% | -4.58% |