NYSE$LXFR

Luxfer Holdings PLC · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Luxfer reported its fourth quarter and full-year 2025 financial results, highlighting strong profitability and cash generation despite revenue declines.

Luxfer delivered a strong 2025, exceeding expectations with improved adjusted earnings and robust free cash flow. While Q4 net sales declined 12.3% due to the Graphic Arts divestiture and softer demand in SCBA markets, the company maintained resilient margins through favorable mix and operational excellence initiatives.

  • Net sales for Q4 declined 12.3% to $90.7 million, primarily due to the divestiture of the Graphic Arts business.
  • Adjusted Diluted EPS for the full year increased 12.1% to $1.11, reflecting improved operating performance and mix.
  • The company generated $26.2 million in free cash flow for the full year, significantly reducing net debt to $31.1 million.
  • Operational excellence initiatives, including centers of excellence in Riverside and Saxonburg, are expected to yield $6 million in annual savings.

Headline financials

Total Revenue

$90.7M

Previous: $103M-12.3%
EPS (adj)

$0.28

Previous: $0.29-3.4%
Adjusted EBITDA

$13M

Previous: $13.8M-5.8%
Adjusted EBITDA Margin

14.3%

Previous: 14.4%-0.7%
Adjusted EBITA

$10.8M

Previous: $11.9M-9.2%
Net Debt to EBITDA Ratio

0.6

Previous: 0.8-25.0%
Free Cash Flow

$12.6M

Previous: $30M-58.0%
Net Income

$100K

Previous: $3.3M-97.0%
Operating Income

$3.3M

Previous: $4M-17.5%
Gross Profit

$22.1M

Previous: $22.9M-3.5%
Cash & Equivalents

$8.3M

Previous: $4.1M+102.4%
Total Assets

$370M

Previous: $382M-3.3%

Revenue & EPS history

Luxfer · Revenue · Quarterly

$90.7M

Q4 2025-12.3%vs Q4 2024
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

Luxfer · $90.7M total across 2 segments · Q4 2025

  • Elektron
    $46.9M-1.3%
  • Gas Cylinders
    $43.8M-9.7%

Forward guidance

Luxfer expects 2026 sales to reduce by mid-single digits due to temporary timing effects, while maintaining strong profitability targets.

Tailwinds

  • Targeted Adjusted EBITDA of $50M to $55M.
  • Expected Adjusted Diluted EPS of $1.05 to $1.20.
  • Anticipated Free Cash Flow of $20M to $25M.
  • Continued benefits from operational excellence and cost-saving initiatives.
  • Strong positioning for long-term growth in Aerospace & Defense.

Headwinds

  • Sales expected to decline by mid-single digits in 2026.
  • Off-cycle conditions in high-end automotive applications.
  • Absence of MRE add-on orders in 2026 due to defense spend cadence.
  • Impact of 2025 pull-forward orders on 2026 first-quarter results.
  • Ongoing non-recurring costs related to strategic review activities.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.3%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+5.2%

Avg return

30 days after

47%

24 / 51 earnings

Positive

+23.5%

Q4 2023

Best reaction

-17.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%+16.5%+29.7%
Q4 2025-17.3%-16.9%-21.5%
Q3 2025-2.4%-6.2%-5.7%
Q2 2025-0.2%-7.3%+9.3%
Q1 2025+7.2%+10.1%+13.8%
Q4 2024-7.0%-11.8%-16.4%
Q3 2024+13.5%+11.2%+15.1%
Q2 2024-4.1%-14.1%-13.4%
Q1 2024+15.0%+20.7%+27.9%
Q4 2023+23.5%+28.6%+34.7%
Q3 2023-2.0%-3.6%-4.4%
Q2 2023-3.7%-10.0%-16.5%
Q1 2023-3.2%-4.2%-6.1%
Q4 2022-4.3%-3.9%-2.3%
Q3 2022-4.3%-9.0%-3.5%
Q2 2022+4.0%+6.9%+10.9%
Q1 2022-3.2%-5.3%-4.6%
Q4 2021-5.8%+3.2%+8.0%
Q3 2021-0.4%-2.2%+0.2%
Q2 2021+0.4%+5.4%+3.9%
Q1 2021+2.9%+8.3%+12.4%
Q4 2020+0.9%+3.3%+6.5%
Q3 2020-5.3%-9.1%+18.0%
Q2 2020+3.3%-2.8%+10.9%
Q1 2020+10.5%-10.1%-1.2%
Q4 2019+0.0%-5.2%-12.8%
Q3 2019-1.3%+5.7%+2.2%
Q2 2019-10.9%-14.7%-23.4%
Q1 2019+0.4%+1.5%-0.2%
Q4 2018+14.7%+29.7%+40.3%
Q3 2018+15.5%+21.0%+3.5%
Q2 2018+8.2%+8.1%+23.0%
Q1 2018+17.9%+10.6%+28.7%
Q4 2017-2.6%-10.3%-2.9%
Q3 2017+5.1%+5.6%+16.1%
Q2 2017-0.6%-5.2%-4.1%
Q1 2017+4.8%+6.6%+12.3%
Q4 2016+3.6%+6.8%+2.9%
Q3 2016-0.5%+1.0%+17.1%
Q2 2016+2.3%-2.5%-0.4%
Q1 2016+2.6%
Q4 2015-3.2%
Q3 2015-3.8%
Q2 2015-1.2%
Q1 2015-2.8%
Q4 2014-2.8%
Q1 2014-1.7%
Q3 2013-6.5%
Q2 2013+2.9%
Q1 2013+2.9%
Q4 2013+3.1%
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010

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