Flagship explainer

What drives Lucid Group, Inc.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−118%Tax burden100%net income ÷ pretax incomeInterest burden77%pretax ÷ operating incomeOperating margin−259%operating income ÷ revenueAsset turnover0.15×revenue ÷ average assetsEquity multiplier3.93×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$2.7BFY2025
Income before tax−$2.7BFY2025
Operating income−$3.5BFY2025
$1.4BFY2025
Ending assets$8.4BFY2025
Beginning assets$9.6BFY2024
$717MFY2025
$3.9BFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full Lucid Group, Inc. analysis at Buy Like Buffett

LCID dupont explainer — Buy Like Buffett · Buy Like Buffett