Lifetime Brands (LCUT) financial statements
Lifetime Brands reported revenue of $648M in fiscal 2025, up 1.0% a year over 9 years.
Net income was -$27M and the operating margin -1.5%, against 4.6% in 2016.
Free cash flow was $3M, and the company returned $4M in dividends.
The diluted share count rose 49% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Lifetime Brands's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $593M | $579M | $705M | $735M | $769M | $863M | $728M | $687M | $683M | $648M |
| Cost of revenue | $376M | $364M | $449M | $480M | $495M | $560M | $467M | $432M | $422M | $407M |
| Gross profit | $217M | $215M | $256M | $255M | $274M | $303M | $260M | $255M | $261M | $241M |
| Selling, general and admin | $130M | $141M | $163M | $162M | $156M | $156M | $155M | $153M | $160M | $142M |
| Operating income | $27M | $15M | $19M | -$23M | $25M | $51M | $24M | $32M | $27M | -$9M |
| Interest expense | $5M | $4M | $18M | $21M | $17M | $16M | $17M | $22M | $22M | $20M |
| Pre-tax income | $22M | $11M | $509,000 | -$44M | $6M | $36M | $9M | $10M | -$10M | -$30M |
| Income tax | $7M | $9M | $3M | $1M | $10M | $17M | $6M | $6M | $3M | -$3M |
| Net income | $16M | $2M | -$2M | -$44M | -$3M | $21M | -$6M | -$8M | -$15M | -$27M |
| EPS (diluted) | $1.08 | $0.14 | -$0.09 | -$2.16 | -$0.14 | $0.94 | -$0.29 | -$0.40 | -$0.71 | -$1.24 |
| Diluted shares | 15M | 15M | 19M | 21M | 21M | 22M | 22M | 21M | 21M | 22M |
| Gross margin | 36.6% | 37.1% | 36.3% | 34.7% | 35.6% | 35.2% | 35.8% | 37.1% | 38.2% | 37.1% |
| Operating margin | 4.6% | 2.6% | 2.6% | -3.2% | 3.2% | 5.9% | 3.3% | 4.7% | 4.0% | -1.5% |
| Net margin | 2.7% | 0.4% | -0.2% | -6.0% | -0.4% | 2.4% | -0.8% | -1.2% | -2.2% | -4.2% |
Balance sheet
Fiscal years, from Lifetime Brands's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $8M | $8M | $11M | $36M | $28M | $24M | $16M | $3M | $4M |
| Receivables | $105M | $108M | $125M | $129M | $170M | $175M | $141M | $155M | $157M | $162M |
| Inventory | $135M | $132M | $174M | $173M | $203M | $271M | $222M | $189M | $202M | $194M |
| Total current assets | $256M | $258M | $319M | $329M | $421M | $485M | $400M | $376M | $374M | $374M |
| Property, plant and equipment | $21M | $23M | $26M | $28M | $23M | $21M | $18M | $17M | $15M | $15M |
| Goodwill | $14M | $16M | $92M | $49M | $30M | $30M | $33M | $33M | $33M | $0 |
| Total assets | $400M | $402M | $709M | $770M | $807M | $829M | $726M | $667M | $634M | $573M |
| Total current liabilities | $91M | $72M | $85M | $107M | $180M | $214M | $130M | $152M | $152M | $131M |
| Long-term debt | — | — | — | — | — | $242M | — | — | — | — |
| Total liabilities | $202M | $191M | $429M | $534M | $577M | $573M | $486M | $436M | $404M | $370M |
| Shareholders' equity | $198M | $210M | $279M | $236M | $230M | $256M | $240M | $231M | $230M | $202M |
| Net debt | -$8M | -$8M | -$8M | -$11M | -$36M | $220M | -$24M | -$11M | $2M | $755,000 |
Cash flow
Fiscal years, from Lifetime Brands's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $30M | $17M | $19M | $30M | $45M | $37M | $24M | $56M | $19M | $8M |
| Capital spending | $3M | $6M | $8M | $9M | $2M | $4M | $3M | $3M | $2M | $4M |
| Free cash flow | $26M | $11M | $11M | $21M | $43M | $33M | $21M | $54M | $16M | $3M |
| Stock-based compensation | $3M | $3M | $4M | $5M | $6M | $5M | $4M | $4M | $4M | $3M |
| Dividends paid | $2M | $2M | $3M | $4M | $4M | $4M | $4M | $4M | $4M | $4M |
| Share buybacks (net) | — | — | — | — | $0 | $0 | -$6M | -$3M | $0 | $0 |
| Free cash flow margin | 4.4% | 1.8% | 1.6% | 2.8% | 5.6% | 3.8% | 2.9% | 7.8% | 2.4% | 0.5% |
| Dividends per share | $0.17 | $0.17 | $0.17 | $0.17 | $0.18 | $0.17 | $0.18 | $0.18 | $0.18 | $0.17 |
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Open LCUT in InvestinglyQuestions
What was Lifetime Brands's revenue in 2025?
$648M in fiscal 2025, from its 10-K filing.
How much free cash flow does Lifetime Brands generate?
$3M in fiscal 2025 (operating cash flow minus capital spending).
From Lifetime Brands's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.