LSB Industries, Inc. balance sheet

At the end of fiscal 2025, LSB Industries, Inc. had total assets of $1.17bn and shareholders' equity of $520m. It held $19.5m in cash against $452m of debt: net debt of $432m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

LSB Industries, Inc.: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	62	67	125	98	143	185	127	60	34	26	23	16	82	64	99	20	20	38
Receivables	—	74	87	83	81	88	50	51	60	67	40	43	86	75	40	39	57	57
Inventory	—	60	60	65	56	57	24	23	22	29	23	20	17	31	28	25	18	21
Total current assets	—	243	328	285	354	419	333	181	164	166	131	130	243	567	437	310	293	343
Goodwill	—	2	2	2	2	2	2	—	—	—	—	—	—	—	—	—	—	—
Total assets	339	388	502	577	1,075	1,131	1,362	1,270	1,189	1,148	1,088	1,053	1,133	1,440	1,298	1,187	1,174	1,225
Accounts payable	—	51	58	68	62	81	88	54	56	63	58	47	49	78	68	82	65	69
Total current liabilities	—	89	97	117	134	155	192	120	109	126	103	107	105	142	119	136	106	114
Short-term debt	—	2	5	9	14	12	9	14	9	13	9	17	9	10	6	9	1	1
Long-term debt	—	93	75	68	454	440	498	406	400	413	450	467	518	703	576	476	440	441
Total debt	0	99	85	82	477	463	530	428	418	434	469	498	540	728	595	497	452	442
Shareholders' equity	151	179	293	354	412	434	422	493	438	342	247	150	460	516	518	492	520	558
Net debt (negative = net cash)	−62	32	−40	−16	333	278	402	368	384	408	446	482	458	665	497	477	432	404
Shares outstanding	—	—	—	—	—	—	—	—	—	—	—	—	54m	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

LSB Industries, Inc.: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Receivables	39	52	51	47	57	53	53	57
Inventory	25	25	24	20	18	23	16	21
Total current assets	310	299	255	271	293	321	346	343
Total assets	1,187	1,176	1,128	1,150	1,174	1,191	1,225	1,225
Accounts payable	82	59	60	60	65	62	103	69
Total current liabilities	136	119	97	95	106	105	142	114
Short-term debt	9	8	6	1	1	1	1	1
Long-term debt	476	478	446	448	440	440	441	441
Total debt	485	486	453	448	441	441	441	442
Shareholders' equity	492	491	496	505	520	543	539	558

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from LSB Industries, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to LSB Industries, Inc.