Lucid Valuation Multiples

Lucid Overview

About Lucid

Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design, which led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.

Founded

2007

HQ

Employees

9.0K

Website

lucidmotors.com

Sectors

AutomakersElectric VehiclesClimateTechDeepTechAutomotiveTech

Financials (LTM)

Revenue: $2B

EBITDA: ($3B)

EV

$4B

Valuation Multiples

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Lucid Financials

Lucid reported last 12-month revenue of $2B and negative EBITDA of ($3B).

In the same LTM period, Lucid generated ($1B) in gross profit, ($3B) in EBITDA losses, and had net loss of ($4B).

Lucid P&L

In the most recent fiscal year, Lucid reported revenue of $1B and EBITDA of ($2B).

Lucid expects next 12-month revenue of XXX and NTM EBITDA of XXX

Lucid Stock Performance

Lucid has current market cap of $3B, and enterprise value of $4B.

Lucid's stock price is $7.30.

Lucid Valuation Multiples

Lucid trades at 2.6x EV/Revenue multiple, and (1.6x) EV/EBITDA.

Lucid Financial Valuation Multiples

As of April 19, 2026, Lucid has market cap of $3B and EV of $4B.

Equity research analysts estimate Lucid's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Lucid has a P/E ratio of (0.7x).

Lucid Margins & Growth Rates

Lucid's revenue in the last 12 month grew by 76%.

Lucid's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.2M for the same period.

Lucid's rule of 40 is (50%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Lucid's rule of X is 43% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Lucid Public Comps

See public comps and valuation multiples for other Automakers and Electric Vehicles comps.

Lucid M&A Activity

Lucid acquired XXX companies to date.

Last acquisition by Lucid was on XXXXXXXX, XXXXX. Lucid acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Lucid Investment Activity

Lucid invested in XXX companies to date.

Lucid made its latest investment on XXXXXXXX, XXXXX. Lucid invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).