Lucid Group, Inc.

Lucid Group, Inc.verified

LCID

Price:

$3.57

Market Cap:

$8.28B

Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.[Read more]

Industry

Auto - Manufacturers

IPO Date

2020-09-18

Stock Exchange

NASDAQ

Ticker

LCID

The ROE as of September 2024 (TTM) for Lucid Group, Inc. (LCID) is -54.46%

According to Lucid Group, Inc.’s latest financial reports and current stock price. The company's current ROE is -54.46%. This represents a change of 296.38% compared to the average of -13.74% of the last 4 quarters.

Lucid Group, Inc. (LCID) Historical ROE (quarterly & annually)

How has LCID ROE performed in the past?

The mean historical ROE of Lucid Group, Inc. over the last ten years is -55.30%. The current -54.46% ROE has changed -1.51% with respect to the historical average. Over the past ten years (40 quarters), LCID's ROE was at its highest in in the June 2020 quarter at 0%. The ROE was at its lowest in in the March 2021 quarter at -75.81%.

Quarterly (TTM)
Annual

Average

-55.30%

Median

-61.00%

Minimum

-65.99%

Maximum

-29.99%

Lucid Group, Inc. (LCID) ROE by Quarter and Year

Discovering the peaks and valleys of Lucid Group, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 94.39%

Maximum Annual ROE = -29.99%

Minimum Annual Increase = -54.55%

Minimum Annual ROE = -65.99%

Quarterly (TTM)
Annual
YearROEChange
2023-58.30%94.39%
2022-29.99%-54.55%
2021-65.99%7.81%
2020-61.21%0.34%

Lucid Group, Inc. (LCID) Average ROE

How has LCID ROE performed in the past?

The current ROE of Lucid Group, Inc. (LCID) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-51.43%

5-year avg

-55.30%

10-year avg

-55.30%

Lucid Group, Inc. (LCID) ROE vs. Peers

How is LCID’s ROE compared to its peers?

Lucid Group, Inc.’s ROE is greater than NIO Inc. (-105.77%), greater than XPeng Inc. (-23.50%), less than Ford Motor Company (8.85%), less than Tesla, Inc. (20.07%), less than Li Auto Inc. (17.10%), greater than Rivian Automotive, Inc. (-66.99%), greater than Lordstown Motors Corp. (-124.05%), less than Polestar Automotive Holding UK PLC (351.18%), greater than Canoo Inc. (-128.71%),

CompanyROEMarket cap
-105.77%$9.64B
-23.50%$7.78B
8.85%$41.31B
20.07%$673.21B
17.10%$18.31B
-66.99%$13.24B
-124.05%$36.95M
351.18%$2.95B
-128.71%$112.29M

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