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% | -1068.4% |
| 2023 | $405M | $13M | $-2M | $17M | -0.9% | -4.3% | -107.1% |
| 2022 | $423M | $63M | $27M | $8M | 13.0% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 423.40 | 405 | 391.90 | 384.60 |
| Operating 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 |
| Research And Development | - | 4.90 | 4.60 | 4.40 | 4.30 |
| Selling General And Administration | - | 43.10 | 48.70 | 48.10 | 49.10 |
| Total Expenses | - | 376.40 | 381.70 | 351 | 349.60 |
| Operating Income | - | 47 | 23.30 | 40.90 | 35 |
| Total Operating Income As Reported | - | 44.80 | 4.20 | 30.10 | 24 |
| EBITDA | - | 62.90 | 12.60 | 45.10 | 38.10 |
| Normalized EBITDA | - | 65.10 | 31.70 | 55.90 | 49.10 |
| EBIT | - | 44.90 | -3.40 | 31.70 | 25.30 |
| Interest Expense | - | 3.90 | 6.30 | 5.20 | 3.10 |
| Net Interest Income | - | -3.90 | -6.30 | -5.20 | -3.10 |
| Other Non Operating Income Expenses | - | 0.10 | -7.60 | 1.60 | 1.30 |
| Other Income Expense | - | -2.10 | -26.70 | -9.20 | -9.70 |
| Interest Expense Non Operating | - | 3.90 | 6.30 | 5.20 | 3.10 |
| Net Non Operating Interest Income Expense | - | -3.90 | -6.30 | -5.20 | -3.10 |
| Pretax Income | - | 41 | -9.70 | 26.50 | 22.20 |
| Tax Provision | - | 9 | -7.10 | 8.20 | 9.10 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.48 | -4.01 | -3.34 | -2.31 |
| Net Income Continuous Operations | - | 32 | -2.60 | 18.30 | 13.10 |
| Net Income From Continuing And Discontinued Operation | - | 26.90 | -1.90 | 18.40 | 7.70 |
| Net Income From Continuing Operation Net Minority Interest | - | 32 | -2.60 | 18.30 | 13.10 |
| Net Income | - | 26.90 | -1.90 | 18.40 | 7.70 |
| Net Income Common Stockholders | - | 26.90 | -1.90 | 18.40 | 7.70 |
| Net Income Including Noncontrolling Interests | - | 26.90 | -1.90 | 18.40 | 7.70 |
| Normalized Income | - | 33.72 | 12.49 | 25.76 | 21.79 |
| Diluted NI Availto Com Stockholders | - | 26.90 | -1.90 | 18.40 | 7.70 |
| Basic Average Shares | - | 27.30 | 26.90 | 26.80 | 26.73 |
| Diluted Average Shares | - | 27.54 | 27.02 | 27.08 | 27.25 |
| Reconciled Depreciation | - | 18 | 16 | 13.40 | 12.80 |
| Reconciled Cost Of Revenue | - | 328.40 | 328.40 | 306.20 | 295.40 |
| Total Unusual Items | - | -2.20 | -19.10 | -10.80 | -11 |
| Total Unusual Items Excluding Goodwill | - | -2.20 | -19.10 | -10.80 | -11 |
| Net Income Discontinuous Operations | - | -5.10 | 0.70 | 0.10 | -5.40 |
| Earnings From Equity Interest Net Of Tax | 0 | 0 | - | - | - |
| Special Income Charges | - | -2.20 | -19.10 | -10.80 | -11 |
| Other Special Charges | 1.10 | - | - | - | - |
| Write Off | - | 0 | 15.90 | 2.80 | 6.50 |
| Impairment Of Capital Assets | 0 | 0 | 12.70 | - | - |
| Restructuring And Mergern Acquisition | - | 2.20 | 3.20 | 14.10 | 4.50 |
| General And Administrative Expense | 47.30 | 43.10 | 48.70 | - | - |
| Other Gand A | 47.30 | 43.10 | 48.70 | - | - |
| Gain On Sale Of Ppe | - | 0 | 0 | 6.10 | 0 |
| Other Operating Expenses | 0.90 | - | - | -7.70 | 0.80 |
| Selling And Marketing Expense | 47.30 | 43.10 | 48.70 | - | - |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Luxfer Holdings PLCthis co. | LXFR | $474M | 61.52β premium | 2.09 | 3.4% | 13.57 |
| American Battery Technology Company | ABAT | $506M | -10.82 | 7.17 | -66.2% | -12.18 |
| Titan International, Inc. | TWI | $502M | -7.91 | 0.98 | -12.3% | 10.69 |
| Park-Ohio Holdings Corp. | PKOH | $477M | 20.04 | 1.25 | 6.2% | 10.57 |
| Pangaea Logistics Solutions Ltd. | PANL |
| - |
| - |
| - |
| - |
| - |
| $476M |
| 24.55 |
| 1.11 |
| 4.5% |
| 6.06 |
| Universal Logistics Holdings, Inc. | ULH | $457M | -4.58 | 0.85 | -18.5% | 14.71 |
| Xerox Holdings Corporation | XRX | $456M | -0.44 | 1.03 | -231.8% | 49.65 |
| Acacia Research Corporation | ACTG | $454M | 20.94 | 0.84 | 4.0% | 3.01 |
| The Manitowoc Company, Inc. | MTW | $447M | 62.09 | 0.64 | 1.0% | 7.82 |
| Peer Median | - | 9.80 | 1.00 | -5.7% | 9.19 | |