Loading…
Lakeland Industries, Inc., together with its subsidiaries, manufactures and sells industrial protective clothing and accessories for the industrial and first responder markets. It offers firefighter protective apparel and accessories; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. The company provides durable woven garments; high performance FR/AR apparel; and services for the inspection, cleaning, decontamination, maintenance, and repair of firefighting protective apparel. The company sells its products to a network of safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. The company has operations in the United States, Europe, Mexico, Asia, Canada, Latin America, and internationally. Lakeland Industries, Inc. was incorporated in 1982 and is headquartered in Huntsville, Alabama.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $193M | $-10M | $-25M | $-16M | -19.6% | 15.2% | 40.0% |
| 2025 | $167M | $-13M | $-18M | $-17M | -12.3% | 34.1% | -433.2% |
| 2024 | $125M | $12M | $5M | $9M | 4.4% | 10.5% | 189.6% |
| 2023 | $113M | $7M | $2M | $-7M | 1.6% | - | - |
| 2022 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 112.85 | 124.69 | 167.21 | 192.65 |
| Operating Revenue | - | 112.85 | 124.69 | 167.21 | 192.65 |
| Cost Of Revenue | - | 67 | 73.50 | 98.54 | 129.32 |
| Gross Profit | - | 45.85 | 51.19 | 68.67 | 63.33 |
| Operating Expense | - | 40.31 | 45.20 | 67.40 | 76.99 |
| Total Expenses | - | 107.30 | 118.70 | 165.94 | 206.31 |
| Operating Income | - | 5.54 | 5.99 | 1.27 | -13.66 |
| Total Operating Income As Reported | - | 5.54 | 5.99 | -9.26 | -15.51 |
| EBITDA | - | 7.01 | 11.52 | -13.39 | -10.49 |
| Normalized EBITDA | - | 7.01 | 11.52 | 4.79 | -8.64 |
| EBIT | - | 5.51 | 9.41 | -16.71 | -15.55 |
| Interest Expense | - | 0.04 | 0.05 | 1.65 | 2.15 |
| Net Interest Income | - | -0.04 | -0.05 | -1.65 | -2.15 |
| Other Non Operating Income Expenses | - | -0.03 | 3.42 | 0.20 | -0.04 |
| Other Income Expense | - | -0.03 | 3.42 | -17.98 | -1.89 |
| Interest Expense Non Operating | - | 0.04 | 0.05 | 1.65 | 2.15 |
| Net Non Operating Interest Income Expense | - | -0.04 | -0.05 | -1.65 | -2.15 |
| Pretax Income | - | 5.47 | 9.36 | -18.36 | -17.70 |
| Tax Provision | - | 3.60 | 3.93 | -0.28 | 7.61 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | -0.28 | -0.74 |
| Net Income Continuous Operations | - | 1.87 | 5.43 | -18.08 | -25.31 |
| Net Income From Continuing And Discontinued Operation | - | 1.87 | 5.42 | -18.08 | -25.31 |
| Net Income From Continuing Operation Net Minority Interest | - | 1.87 | 5.42 | -18.08 | -25.31 |
| Net Income | - | 1.87 | 5.42 | -18.08 | -25.31 |
| Net Income Common Stockholders | - | 1.87 | 5.42 | -18.08 | -25.31 |
| Net Income Including Noncontrolling Interests | - | 1.87 | 5.43 | -18.08 | -25.31 |
| Normalized Income | - | 1.87 | 5.42 | -0.18 | -24.20 |
| Diluted NI Availto Com Stockholders | - | 1.87 | 5.42 | -18.08 | -25.31 |
| Basic Average Shares | - | 7.56 | 7.35 | 7.43 | 9.63 |
| Diluted Average Shares | - | 7.74 | 7.54 | 7.43 | 9.63 |
| Reconciled Depreciation | - | 1.50 | 2.11 | 3.32 | 5.06 |
| Reconciled Cost Of Revenue | - | 67 | 73.50 | 98.54 | 129.32 |
| Total Unusual Items | - | - | 0 | -18.18 | -1.85 |
| Total Unusual Items Excluding Goodwill | - | - | 0 | -18.18 | -1.85 |
| Special Income Charges | - | - | 0 | -18.18 | -1.85 |
| Other Special Charges | - | - | - | - | -4.33 |
| Write Off | - | - | 0 | 7.64 | 0 |
| Impairment Of Capital Assets | - | - | 0 | 10.54 | 6.18 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Lakeland Industries, Inc.this co. | LAKE | $98M | - | 0.76 | -19.6% | - |
| Bassett Furniture Industries, Incorporated | BSET | $125M | 20.54 | 0.76 | 3.7% | 9.80 |
| American Outdoor Brands, Inc. | AOUT | $125M | -1626.00 | 0.70 | -0.0% | 10.29 |
| Clarus Corporation | CLAR | $110M | -2.36 | 0.56 | -23.7% | -5.90 |
| Faraday Future Intelligent Electric Inc. | FFAI |
| - |
| - |
| - |
| - |
| - |
| - |
| $101M |
| -0.26 |
| -3.70 |
| 1429.1% |
| -0.57 |
| Virco Mfg. Corporation | VIRC | $90M | 34.85 | 0.84 | 2.4% | 11.66 |
| Gambling.com Group Limited | GAMB | $85M | -2.57 | 0.78 | -30.5% | -18.51 |
| BARK, Inc. | BARK | $83M | -2.53 | 0.83 | -33.0% | -3.93 |
| America's Car-Mart, Inc. | CRMT | $65M | 3.63 | 0.11 | 3.1% | 8.91 |
| Peer Median | - | -1.31 | 0.73 | 1.2% | 4.17 | |