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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% | - |
| 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% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total 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 |
| Operating Income | 5.54 | 5.99 | 1.27 | -13.66 |
| EBITDA | 7.01 | 11.52 | -13.39 | -10.49 |
| EBIT | 5.51 | 9.41 | -16.71 | -15.55 |
| Pretax Income | 5.47 | 9.36 | -18.36 | -17.70 |
| Tax Provision | 3.60 | 3.93 | -0.28 | 7.61 |
| Net Income | 1.87 | 5.42 | -18.07 | -25.31 |
| Net Income Common Stockholders | 1.87 | 5.42 | -18.07 | -25.31 |
| Total Expenses | 107.31 | 118.70 | 165.94 | 206.31 |
| Interest Expense | 0.04 | 0.05 | 1.65 | 2.15 |
| Normalized EBITDA | 7.01 | 11.52 | 4.79 | -8.64 |
| Normalized Income | 1.87 | 5.42 | -0.18 | -24.20 |
| Basic EPS | 0.25 | 0.74 | -2.43 | -2.63 |
| Diluted EPS | 0.24 | 0.72 | -2.43 | -2.63 |
| Tax Effect Of Unusual Items | 0 | 0 | -0.28 | -0.74 |
| Tax Rate For Calcs | 0.21 | 0.21 | 0.02 | 0.40 |
| Total Unusual Items | 0 | 0 | -18.18 | -1.85 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | -18.18 | -1.85 |
| Net Income From Continuing Operation Net Minority Interest | 1.87 | 5.42 | -18.07 | -25.31 |
| Reconciled Depreciation | 1.50 | 2.11 | 3.32 | 5.06 |
| Reconciled Cost Of Revenue | 67 | 73.50 | 98.54 | 129.32 |
| Net Interest Income | -0.04 | -0.05 | -1.65 | -2.15 |
| Net Income From Continuing And Discontinued Operation | 1.87 | 5.42 | -18.07 | -25.31 |
| Total Operating Income As Reported | 5.54 | 5.99 | -9.27 | -15.51 |
| Diluted Average Shares | 7.74 | 7.54 | 7.43 | 9.63 |
| Basic Average Shares | 7.56 | 7.35 | 7.43 | 9.63 |
| Diluted NI Availto Com Stockholders | 1.87 | 5.42 | -18.07 | -25.31 |
| Net Income Including Noncontrolling Interests | 1.87 | 5.43 | -18.07 | -25.31 |
| Net Income Continuous Operations | 1.87 | 5.43 | -18.07 | -25.31 |
| Other Income Expense | -0.03 | 3.42 | -17.98 | -1.89 |
| Other Non Operating Income Expenses | -0.03 | 3.42 | 0.20 | -0.04 |
| Special Income Charges | 0 | 0 | -18.18 | -1.85 |
| Other Special Charges | 0 | 0 | 0 | -4.33 |
| Write Off | 0 | 0 | 7.64 | 0 |
| Impairment Of Capital Assets | 0 | 0 | 10.54 | 6.18 |
| Net Non Operating Interest Income Expense | -0.04 | -0.05 | -1.65 | -2.15 |
| Interest Expense Non Operating | 0.04 | 0.05 | 1.65 | 2.15 |
| Operating Revenue | 112.85 | 124.69 | 167.21 | 192.65 |
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 | $96M | - | 0.74 | -19.6% | -57.98 |
| Medifast, Inc. | MED | $120M | - | 0.57 | -9.4% | -1515.42 |
| American Outdoor Brands, Inc. | AOUT | $118M | - | 0.70 | -0.0% | 20.74 |
| Faraday Future Intelligent Electric Inc. | FFAI | $117M | - | -2.80 | -5035.4% | -1.81 |
| Traeger, Inc. | COOK | $111M |
| - |
| 0.64 |
| -67.4% |
| 9.18 |
| Clarus Corporation | CLAR | $101M | - | 0.51 | - | -7.90 |
| America's Car-Mart, Inc. | CRMT | $101M | - | 0.21 | 3.1% | 30.69 |
| Virco Mfg. Corporation | VIRC | $95M | 37.81 | 0.90 | 2.4% | 12.55 |
| BARK, Inc. | BARK | $79M | - | 0.97 | -33.0% | -3.16 |
| Peer Median | - | 37.81 | 0.60 | -9.4% | 3.68 | |