LSB Industries (LXU) announced its financial results for the third quarter ended September 30, 2026, highlighting significant year-over-year growth in profitability. The company reported a 55% increase in Adjusted EBITDA and a 120% increase in Diluted EPS, attributing the strong performance to improved production, disciplined commercial execution, and positive market conditions.
Key Details
- Q3 2026 Financials: Adjusted EBITDA grew to $62 million from $40 million in Q3 2025. Diluted EPS increased to $0.22 from $0.10 in the prior-year period. Net sales were $159 million.
- Balance Sheet Improvement: The company significantly improved its leverage profile, with its Net Debt to Trailing-Twelve-Months (TTM) Adjusted EBITDA ratio decreasing to 1.1x, down from 2.0x as of September 30, 2025.
- Company Outlook: Management expects positive market conditions for both its industrial and fertilizer businesses to continue into the first quarter of 2027, citing global geopolitical factors and strong demand drivers.