Luxfer Holdings PLC, together with its subsidiaries, develops and manufactures high-performance materials, components, and high-pressure gas containment devices. The company operates through two segments: Gas Cylinders and Elektron. The Gas Cylinders segment manufactures and markets specialized highly engineered containment solutions using aluminum alloys and carbon composite technologies. It offers carbon composite high-pressure, aerospace and aviation, space-related, aluminum and composite medical gas, and specialty aluminum cylinders used for emergency response, healthcare, alternative fuel transportation, aerospace comprising commercial aviation, defense, and space markets. The Elektron segment focuses on specialty materials based primarily on magnesium and zirconium. This segment offers advanced lightweight magnesium alloys; magnesium powders for use in countermeasure flares, defense applications, infrared decoys, and heater meals; and zirconium-based chemicals and oxides used as catalysts converters, industrial catalysis, advanced ceramics, specialty glass, fuel cell components, pharmaceuticals, and other performance-critical applications. The company operates in the United States, the United Kingdom, Japan, Canada, Germany, rest of Europe, the Asia Pacific, and the rest of the world. Luxfer Holdings PLC was founded in 1898 and is based in Riverside, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
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 |
|---|---|---|---|---|---|---|---|
| 2025 | $385M | $38M | $8M | $26M | 3.4% | -1.9% | -58.2% |
| 2024 | $392M | $45M | $18M | $40M | 8.4% | -3.2% | - |
| 2023 | $405M | $13M | $-2M | $17M | -0.9% | -4.3% | -107.1% |
| 2022 | $423M | $63M | $27M | $8M | 13.0% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 423.40 | 405 | 391.90 | 384.60 |
| Cost Of Revenue | 328.40 | 328.40 | 306.20 | 295.40 |
| Gross Profit | 95 | 76.60 | 85.70 | 89.20 |
| Operating Expense | 48 | 53.30 | 44.80 | 54.20 |
| Operating Income | 47 | 23.30 | 40.90 | 35 |
| EBITDA | 62.90 | 12.60 | 45.10 | 38.10 |
| EBIT | 44.90 | -3.40 | 31.70 | 25.30 |
| Pretax Income | 41 | -9.70 | 26.50 | 22.20 |
| Tax Provision | 9 | -7.10 | 8.20 | 9.10 |
| Net Income | 26.90 | -1.90 | 18.40 | 7.70 |
| Net Income Common Stockholders | 26.90 | -1.90 | 18.40 | 7.70 |
| Total Expenses | 376.40 | 381.70 | 351 | 349.60 |
| Interest Expense | 3.90 | 6.30 | 5.20 | 3.10 |
| Research And Development | 4.90 | 4.60 | 4.40 | 4.30 |
| Selling General And Administration | 43.10 | 48.70 | 48.10 | 49.10 |
| Normalized EBITDA | 65.10 | 31.70 | 55.90 | 49.10 |
| Normalized Income | 33.72 | 12.49 | 25.76 | 21.79 |
| Basic EPS | 0.99 | -0.07 | 0.69 | 0 |
| Diluted EPS | 0.98 | -0.07 | 0.68 | 0 |
| Tax Effect Of Unusual Items | -0.48 | -4.01 | -3.34 | -2.31 |
| Tax Rate For Calcs | 0.22 | 0.21 | 0.31 | 0.21 |
| Total Unusual Items | -2.20 | -19.10 | -10.80 | -11 |
| Total Unusual Items Excluding Goodwill | -2.20 | -19.10 | -10.80 | -11 |
| Net Income From Continuing Operation Net Minority Interest | 32 | -2.60 | 18.30 | 13.10 |
| Reconciled Depreciation | 18 | 16 | 13.40 | 12.80 |
| Reconciled Cost Of Revenue | 328.40 | 328.40 | 306.20 | 295.40 |
| Net Interest Income | -3.90 | -6.30 | -5.20 | -3.10 |
| Net Income From Continuing And Discontinued Operation | 26.90 | -1.90 | 18.40 | 7.70 |
| Total Operating Income As Reported | 44.80 | 4.20 | 30.10 | 24 |
| Diluted Average Shares | 27.54 | 27.02 | 27.08 | 0 |
| Basic Average Shares | 27.30 | 26.90 | 26.80 | 0 |
| Diluted NI Availto Com Stockholders | 26.90 | -1.90 | 18.40 | 7.70 |
| Net Income Including Noncontrolling Interests | 26.90 | -1.90 | 18.40 | 7.70 |
| Net Income Discontinuous Operations | -5.10 | 0.70 | 0.10 | -5.40 |
| Net Income Continuous Operations | 32 | -2.60 | 18.30 | 13.10 |
| Earnings From Equity Interest Net Of Tax | 0 | 0 | 0 | 0 |
| Other Income Expense | -2.10 | -26.70 | -9.20 | -9.70 |
| Other Non Operating Income Expenses | 0.10 | -7.60 | 1.60 | 1.30 |
| Special Income Charges | -2.20 | -19.10 | -10.80 | -11 |
| Gain On Sale Of Ppe | 0 | 0 | 6.10 | 0 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Write Off | 0 | 15.90 | 2.80 | 6.50 |
| Impairment Of Capital Assets | 0 | 12.70 | 0 | 0 |
| Restructuring And Mergern Acquisition | 2.20 | 3.20 | 14.10 | 4.50 |
| Net Non Operating Interest Income Expense | -3.90 | -6.30 | -5.20 | -3.10 |
| Interest Expense Non Operating | 3.90 | 6.30 | 5.20 | 3.10 |
| Other Operating Expenses | 0 | 0 | -7.70 | 0.80 |
| Selling And Marketing Expense | 43.10 | 48.70 | 0 | 0 |
| General And Administrative Expense | 43.10 | 48.70 | 0 | 0 |
| Other Gand A | 43.10 | 48.70 | 0 | 0 |
| Operating Revenue | 423.40 | 405 | 391.90 | 384.60 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Luxfer Holdings PLCthis co. | LXFR | $381M | 33.90β premium | 1.68 | 3.4% | 8.60 |
| American Battery Technology Company | ABAT | $406M | - | 3.39 | -66.2% | -10.81 |
| Public Policy Holding Company, Inc. | PPHC | $404M | - | 4.62 | -52.1% | -35.39 |
| Concrete Pumping Holdings, Inc. | BBCP | $394M | 86.78 | 1.51 | 2.4% | 8.43 |
| Radiant Logistics, Inc. | RLGT |
| $392M |
| 28.86 |
| 1.65 |
| 7.6% |
| 13.55 |
| Lightbridge Corporation | LTBR | $375M | - | 1.76 | -9.6% | - |
| Boston Omaha Corporation | BOC | $374M | - | 0.73 | -2.3% | 20.16 |
| Quad/Graphics, Inc. | QUAD | $366M | 12.09 | 2.77 | 21.0% | 4.30 |
| Matrix Service Company | MTRX | $363M | - | 2.64 | -20.6% | -20.87 |
| Peer Median | - | 28.86 | 2.20 | -6.0% | 4.30 | |