Lucid Group annual debt-to-equity ratio
2021
2022
2023
2024
2025
Lucid Group Debt-to-Equity Ratio Growth & History (LCID)
Lucid Group's debt-to-equity ratio was 4.46 for fiscal 2025.
View full Lucid Group company overviewLucid Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 4.46 | 3.82 | +596.82% |
| 2024 | 2024-12-31 | 0.64 | 0.14 | +27.80% |
| 2023 | 2023-12-31 | 0.50 | −0.04 | −7.31% |
| 2022 | 2022-12-31 | 0.54 | −0.03 | −4.44% |
| 2021 | 2021-12-31 | 0.56 | — | — |
Lucid Group quarterly debt-to-equity ratio
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 4.46 | 3.82 | +596.82% |
| Q3 2025 | 2025-09-30 | 1.56 | 0.67 | +74.44% |
| Q2 2025 | 2025-06-30 | 1.14 | 0.45 | +65.67% |
| Q1 2025 | 2025-03-31 | 0.80 | 0.23 | +40.32% |
| Q4 2024 | 2024-12-31 | 0.64 | 0.14 | +27.80% |
| Q3 2024 | 2024-09-30 | 0.90 | 0.45 | +101.30% |
| Q2 2024 | 2024-06-30 | 0.69 | 0.29 | +73.04% |
| Q1 2024 | 2024-03-31 | 0.57 | −0.07 | −11.39% |
| Q4 2023 | 2023-12-31 | 0.50 | −0.04 | −7.31% |
| Q3 2023 | 2023-09-30 | 0.45 | −0.28 | −38.55% |
| Q2 2023 | 2023-06-30 | 0.40 | −0.21 | −34.10% |
| Q1 2023 | 2023-03-31 | 0.65 | 0.07 | +12.24% |
| Q4 2022 | 2022-12-31 | 0.54 | −0.03 | −4.44% |
| Q3 2022 | 2022-09-30 | 0.72 | 0.68 | +1519.58% |
| Q2 2022 | 2022-06-30 | 0.60 | — | — |
| Q1 2022 | 2022-03-31 | 0.58 | — | — |
| Q4 2021 | 2021-12-31 | 0.56 | — | — |
| Q3 2021 | 2021-09-30 | 0.04 | — | — |
Lucid Group debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Lucid Group's debt-to-equity ratio increased from 0.56 to 4.46, a change of 3.89. The latest reported quarter, Q4 2025, shows 4.46.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lucid Group source filings ↗