The LGL Group, Inc.(LGL)Earnings, Financials & Key Ratios

LGL•AMEX

$7.15

$39M mkt cap·91.9× P/E·Price updated May 7, 2026

SectorTechnology IndustryTech Hardware & Equipment Sub-IndustryTest, Measurement and Inspection Equipment

AboutThe LGL Group, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company operates through two segments, Electronic Components and Electronic Instruments. The Electronic Components segment offers clock oscillators, VCXO, TCXO OCXO, and DOCXO devices; and radio frequency, microwave and millimeter wave filters, diplexers, and solid-state power amplifiers. It also provides filter devices, which includes crystal, ceramic, LC, tubular, combline, cavity, interdigital, and metal insert waveguide, as well as digital, analog and mechanical tunable filters, switched filter arrays, and RF subsystems. This segment's products are used in infrastructure equipment for the telecommunications and network equipment industries; and electronic systems for applications in defense, aerospace, earth-orbiting satellites, down-hole drilling, medical devices, instrumentation, industrial devices, and global positioning systems. The Electronic Instruments segment designs and manufactures frequency and time reference standards, distribution amplifiers, redundancy auto switches, and NTP servers for timing and synchronization in various applications. Its products are used in computer networking, satellite ground stations, electric utilities, broadcasting, and telecommunication systems. The company was formerly known as Lynch Corporation and changed its name to The LGL Group, Inc. The LGL Group, Inc. was founded in 1917 and is based in Orlando, Florida.Show more

Revenue$2M+28.8%
EBITDA-$1M-5.0%
Net Income$432K+60.6%
EPS (Diluted)0.08+54.7%
Gross Margin52.96%-1.8%
EBITDA Margin-60.47%+18.5%
Operating Margin-61.41%+18.6%
Net Margin19.41%+24.7%
ROE1.05%+55.2%

Technical→

LGL Key Insights

The LGL Group, Inc. (LGL) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓FCF machine: 39.3% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Healthy 5Y average net margin of 232.4%
✓Trading at only 1.0x book value

✗Weaknesses

✗Profits declining 42.7% over 5 years
✗Sales declining 41.3% over 5 years
✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

LGL Price & Volume

The LGL Group, Inc. (LGL) stock price & volume — 10-year historical chart

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LGL Growth Metrics

The LGL Group, Inc. (LGL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-20.83%

5 Years-41.28%

3 Years15.47%

TTM20.24%

Profit CAGR

10 Years-

5 Years-42.74%

3 Years-69.1%

TTM151.92%

EPS CAGR

10 Years-

5 Years-43.98%

3 Years-69.49%

TTM148.35%

Return on Capital

10 Years-0.32%

5 Years-2.86%

3 Years-3.59%

Last Year-3.27%

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
VECOVeeco Instruments Inc.Direct Competitor	3.52B	57.72	97.83	-7.39%	3.53%	2.64%	0.29
MTSIMACOM Technology Solutions Holdings, Inc.Direct Competitor	25.84B	344.47	-471.88	32.58%	16.46%	13.19%	0.41
POWIPower Integrations, Inc.Direct Competitor	4B	71.83	184.18	5.85%	3.72%	2.44%
VSATViasat, Inc.Product Competitor	8.64B	66.33	-14.81	5.5%	-4.02%	-4%	1.62
CTSCTS CorporationProduct Competitor	1.71B	59.86	27.33	5.16%	12.44%	12.53%	0.22
KLICKulicke and Soffa Industries, Inc.Product Competitor	5.14B	98.15	9999	-7.38%	0.4%	0.37%	0.05
VICRVicor CorporationProduct Competitor	11.79B	261.34	100.13	13.55%	26.19%	18.73%	0.02
AVGOBroadcom Inc.Supply Chain	1.96T	412.56	86.49	23.87%	36.57%	32.86%	0.80

Compare LGL vs Peers

The LGL Group, Inc. (LGL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VECO

Most directly comparable listed peer for LGL.

Scale Benchmark

vs AVGO

Larger-name benchmark to compare LGL against a more recognizable public peer.

Peer Set

Compare Top 5

vs VECO, MTSI, POWI, VSAT

LGL Income Statement

The LGL Group, Inc. (LGL) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	TTM
Sales/Revenue	20.89M	22.4M	24.87M	31.9M	31.16M	1.45M	-2.68M	1.73M	2.23M	3.66M
Revenue Growth %	0.86%	7.23%	11.02%	28.25%	-2.3%	-95.36%	-285.27%	164.5%	28.82%	20.24%
Cost of Goods Sold	13.86M	14.66M	15.21M	19.38M	20.23M	711K	837K	796K	1.05M	1.02M
COGS % of Revenue	66.33%	65.44%	61.16%	60.76%	64.93%	49.17%	-31.24%	46.06%	47.03%	-
Gross Profit	7.03M▲ 0%	7.74M▲ 10.1%	9.66M▲ 24.8%	12.52M▲ 29.6%	10.93M▼ 12.7%	735K▼ 93.3%	-3.52M▼ 578.4%	932K▲ 126.5%	1.18M▲ 26.5%	2.64M▲ 0%
Gross Margin %	33.67%	34.55%	38.84%	39.24%	35.07%	50.83%	131.24%	53.94%	52.96%	72.1%
Gross Profit Growth %	2.67%	10.07%	24.78%	29.58%	-12.68%	-93.27%	-578.37%	126.51%	26.5%	-
Operating Expenses	7.19M	7.46M	8.23M	9.08M	9.51M	4.26M	-1.47M	2.24M	2.55M	2.71M
OpEx % of Revenue	34.44%	33.32%	33.09%	28.46%	30.53%	294.33%	54.83%	129.4%	114.38%	-
Selling, General & Admin	7.19M	7.46M	8.23M	7.07M	7.37M	4.26M	2.89M	2.24M	2.55M	2.71M
SG&A % of Revenue	34.44%	33.32%	33.09%	22.17%	23.66%	294.33%	-107.88%	129.4%	114.38%	-
Research & Development	1.91M	1.83M	1.95M	2M	2.14M	0	0	0	0	0
R&D % of Revenue	9.12%	8.16%	7.83%	6.28%	6.87%	-	-	-	-	-
Other Operating Expenses	144K	-57K	140K	0	0	0	-4.36M	0	0	0
Operating Income	-161K▲ 0%	276K▲ 271.4%	1.43M▲ 418.1%	3.44M▲ 140.5%	1.42M▼ 58.9%	-3.52M▼ 348.8%	-2.05M▲ 41.9%	-1.3M▲ 36.3%	-1.37M▼ 4.8%	-72K▲ 0%
Operating Margin %	-0.77%	1.23%	5.75%	10.78%	4.54%	-243.5%	76.41%	-75.46%	-61.41%	-1.97%
Operating Income Growth %	79.57%	271.43%	418.12%	140.49%	-58.85%	-348.83%	41.86%	36.3%	-4.83%	-
EBITDA	611K	918K	1.92M	3.93M	1.94M	-2.94M	-1.49M	-1.28M	-1.35M	-51K
EBITDA Margin %	2.92%	4.1%	7.73%	12.33%	6.24%	-203.67%	55.58%	-74.19%	-60.47%	-1.39%
EBITDA Growth %	645.12%	50.25%	109.37%	104.58%	-50.58%	-251.57%	49.44%	13.9%	-4.99%	81.85%
D&A (Non-Cash Add-back)	772K	642K	492K	493K	528K	576K	558K	22K	21K	21K
EBIT	5K	276K	1.43M	3.91M	1.31M	-3.52M	-6.41M	646K	699K	375K
Net Interest Income	-22K	-11K	2K	2K	-11K	1K	194K	0	2.07M	1.79M
Interest Income	0	0	2K	2K	0	1K	194K	0	2.07M	1.79M
Interest Expense	22K	11K	0	0	11K	0	0	0	0	0
Other Income/Expense	144K	-57K	140K	470K	-111K	19.54M	-4.36M	1.95M	2.07M	447K
Pretax Income	-17K▲ 0%	219K▲ 1388.2%	1.57M▲ 616.9%	3.91M▲ 149.0%	1.3M▼ 66.6%	16.02M▲ 1128.7%	-6.41M▼ 140.0%	646K▲ 110.1%	699K▲ 8.2%	375K▲ 0%
Pretax Margin %	-0.08%	0.98%	6.31%	12.26%	4.18%	1108.02%	239.12%	37.38%	31.4%	10.25%
Income Tax	-165K	102K	165K	-3.11M	336K	3.47M	-1.53M	301K	177K	-615K
Effective Tax Rate %	970.59%	46.58%	10.51%	-79.48%	25.77%	21.67%	23.87%	46.59%	25.32%	-164%
Net Income	148K▲ 0%	117K▼ 20.9%	1.41M▲ 1100.9%	7.02M▲ 399.4%	968K▼ 86.2%	14.64M▲ 1412.2%	-2.99M▼ 120.4%	269K▲ 109.0%	432K▲ 60.6%	917K▲ 0%
Net Margin %	0.71%	0.52%	5.65%	22%	3.11%	1012.31%	111.68%	15.57%	19.41%	25.05%
Net Income Growth %	120.82%	-20.95%	1100.85%	399.36%	-86.2%	1412.19%	-120.44%	108.99%	60.59%	151.92%
Net Income (Continuing)	148K	117K	1.41M	7.02M	968K	12.55M	-4.88M	345K	522K	990K
Discontinued Operations	0	0	0	0	0	2.09M	1.89M	-28K	0	0
Minority Interest	0	0	0	0	0	0	0	1.92M	2.01M	2.06M
EPS (Diluted)	0.06▲ 0%	0.04▼ 33.3%	0.29▲ 625.0%	1.41▲ 386.2%	0.19▼ 86.5%	2.74▲ 1342.1%	-0.91▼ 133.2%	0.05▲ 105.5%	0.08▲ 54.7%	0.16▲ 0%
EPS Growth %	122.22%	-33.33%	625%	386.21%	-86.52%	1342.11%	-133.21%	105.53%	54.67%	148.35%
EPS (Basic)	0.06	0.04	0.30	1.44	0.19	2.77	-0.91	0.05	0.08	-
Diluted Shares Outstanding	2.67M	3.04M	4.88M	4.98M	5.22M	5.33M	5.34M	5.35M	5.55M	5.68M
Basic Shares Outstanding	2.67M	2.93M	4.75M	4.88M	5.17M	5.28M	5.34M	5.35M	5.35M	5.36M
Dividend Payout Ratio	41.89%	5.13%	-	-	-	-	-	-	-	-

LGL Balance Sheet

The LGL Group, Inc. (LGL) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	TTM
Total Current Assets	12.89M	24.55M	27.39M	28.91M	33.78M	55.84M	39.34M	41.57M	42.64M	42.85M
Cash & Short-Term Investments	5.55M	17.05M	19.28M	18.08M	24.12M	42.54M	38.09M	40.73M	41.6M	41.6M
Cash Only	2.78M	13.25M	3M	12.45M	18.33M	26.38M	21.51M	40.71M	41.59M	41.57M
Short-Term Investments	2.77M	3.8M	16.28M	5.63M	5.79M	16.16M	16.59M	22K	17K	30K
Accounts Receivable	3.5M	3.39M	3.39M	4.45M	4.12M	672K	543K	356K	493K	460K
Days Sales Outstanding	61.22	55.28	49.81	50.86	48.28	169.63	-73.98	75.2	80.84	37.95
Inventory	3.64M	3.88M	4.47M	6.02M	5.28M	271K	265K	204K	267K	268K
Days Inventory Outstanding	95.82	96.47	107.17	113.3	95.25	139.12	115.56	93.54	93.08	92.05
Other Current Assets	200K	229K	242K	365K	257K	12.36M	440K	273K	280K	517K
Total Non-Current Assets	3.76M	3M	2.69M	10.43M	9.74M	5.02M	476K	303K	503K	438K
Property, Plant & Equipment	2.71M	2.18M	2.09M	3.16M	3.21M	179K	133K	75K	308K	257K
Fixed Asset Turnover	7.71x	10.28x	11.92x	10.09x	9.72x	8.08x	-20.14x	23.04x	7.23x	12.91x
Goodwill	40K	40K	40K	40K	40K	0	0	0	0	0
Intangible Assets	588K	512K	437K	362K	287K	100K	78K	57K	36K	20K
Long-Term Investments	0	0	-127K	3.33M	3.07M	0	0	0	0	0
Other Non-Current Assets	203K	101K	127K	102K	16K	4.2M	0	0	0	0
Total Assets	16.65M▲ 0%	27.55M▲ 65.5%	30.07M▲ 9.1%	39.34M▲ 30.8%	43.52M▲ 10.7%	60.85M▲ 39.8%	39.82M▼ 34.6%	41.87M▲ 5.2%	43.15M▲ 3.0%	43.28M▲ 0%
Asset Turnover	1.26x	0.81x	0.83x	0.81x	0.72x	0.02x	-0.07x	0.04x	0.05x	0.08x
Asset Growth %	5.33%	65.54%	9.15%	30.79%	10.65%	39.81%	-34.57%	5.16%	3.05%	10%
Total Current Liabilities	2.75M	2.63M	2.75M	4.32M	3.4M	4.43M	587K	474K	904K	1.08M
Accounts Payable	1.52M	1.48M	1.42M	1.86M	1.26M	60K	310K	93K	333K	527K
Days Payables Outstanding	40.17	36.77	34.03	35.12	22.82	30.8	135.19	42.64	116.09	144.96
Short-Term Debt	0	0	0	331K	422K	62K	62K	61K	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	288K	278K	191K	296K	386K	3.45M	44K	15K	291K	237K
Current Ratio	4.68x	9.35x	9.95x	6.69x	9.94x	12.62x	67.02x	87.69x	47.17x	47.17x
Quick Ratio	3.36x	7.87x	8.33x	5.29x	8.39x	12.55x	66.57x	87.26x	46.88x	46.88x
Cash Conversion Cycle	116.87	114.98	122.95	129.04	120.71	277.95	-93.6	126.09	57.83	-14.96
Total Non-Current Liabilities	1.52M	1.48M	0	118K	363K	1.68M	739K	713K	1M	297K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	293K	116K	70K	14K	0	0
Deferred Tax Liabilities	351K	0	0	118K	70K	1.07M	668K	697K	0	0
Other Non-Current Liabilities	-351K	0	0	0	0	497K	1K	2K	1M	3.34M
Total Liabilities	2.75M	2.63M	2.75M	4.44M	3.76M	6.11M	1.33M	1.19M	1.91M	1.38M
Total Debt	0	0	0	331K	715K	178K	132K	75K	0	0
Net Debt	-2.78M	-13.25M	-3M	-12.12M	-17.62M	-26.2M	-21.38M	-40.64M	-41.59M	-41.57M
Debt / Equity	-	-	-	0.01x	0.02x	0.00x	0.00x	0.00x	-	0.00x
Debt / EBITDA	-	-	-	0.08x	0.37x	-	-	-	-	-0.00x
Net Debt / EBITDA	-4.55x	-14.43x	-1.56x	-3.08x	-9.07x	-	-	-	-	815.12x
Interest Coverage	-7.32x	25.09x	-	-	128.64x	-	-	-	-	-
Total Equity	13.89M▲ 0%	24.93M▲ 79.5%	27.32M▲ 9.6%	34.89M▲ 27.7%	39.77M▲ 14.0%	54.74M▲ 37.7%	38.49M▼ 29.7%	40.68M▲ 5.7%	41.24M▲ 1.4%	41.91M▲ 0%
Equity Growth %	1.19%	79.45%	9.61%	27.71%	13.96%	37.67%	-29.69%	5.7%	1.37%	5.43%
Book Value per Share	5.21	8.21	5.60	7.01	7.62	10.26	7.21	7.60	7.43	7.38
Total Shareholders' Equity	13.89M	24.93M	27.32M	34.89M	39.77M	54.74M	38.49M	38.76M	39.23M	39.85M
Common Stock	27K	47K	49K	50K	53K	53K	53K	53K	53K	54K
Retained Earnings	-14.73M	-14.61M	-13.17M	-6.15M	-5.18M	9.45M	-7.33M	-7.06M	-6.63M	-5.91M
Treasury Stock	-580K	-580K	-580K	-580K	-580K	-580K	-580K	-580K	-580K	-946K
Accumulated OCI	-3K	35K	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	1.92M	2.01M	2.06M

LGL Cash Flow Statement

The LGL Group, Inc. (LGL) cash flow — operating, investing & free cash flow history

Line item	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	TTM
Cash from Operations	278K	681K	1.66M	2.67M	3.19M	1.35M	-817K	385K	874K	874K
Operating CF Margin %	1.33%	3.04%	6.66%	8.36%	10.24%	93.5%	30.5%	22.28%	39.26%	-
Operating CF Growth %	-59.65%	144.96%	143.17%	60.99%	19.73%	-57.64%	-160.43%	147.12%	127.01%	-53.65%
Net Income	148K	117K	1.41M	7.02M	968K	12.55M	-4.88M	317K	522K	917K
Depreciation & Amortization	772K	642K	492K	493K	528K	576K	558K	22K	21K	21K
Stock-Based Compensation	67K	88K	64K	112K	790K	0	0	3K	36K	35K
Deferred Taxes	-214K	41K	46K	-3.18M	255K	3.14M	-1.52M	82K	56K	-623K
Other Non-Cash Items	-176K	75K	24K	-190K	123K	-15.31M	7.02M	-384K	5K	26K
Working Capital Changes	-319K	-282K	-375K	-1.58M	528K	392K	-2M	345K	234K	-19K
Change in Receivables	-890K	111K	-1K	-1.05M	323K	-545K	-613K	187K	-137K	-327K
Change in Inventory	-62K	-237K	-591K	-1.55M	736K	-212K	-2.33M	61K	-63K	70K
Change in Payables	634K	-128K	125K	1.24M	-717K	574K	-476K	-110K	441K	272K
Cash from Investing	-3.04M	-1M	-324K	-6.16M	-428K	9.41M	-5.83M	18.82M	0	0
Capital Expenditures	-172K	-131K	-324K	-1.16M	-407K	-1.1M	-662K	0	0	0
CapEx % of Revenue	0.82%	0.58%	1.3%	3.65%	1.31%	76%	-24.71%	-	-	-
Acquisitions	-295K	117K	0	-3.35M	0	0	0	1.87M	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	117K	34K	0	0	0	-2.73M	0	-4.32M	0	0
Cash from Financing	-8K	10.79M	926K	442K	3.11M	-73K	-859K	0	0	-439K
Debt Issued (Net)	0	0	0	0	0	0	0	0	0	0
Equity Issued (Net)	-8K	1000K	-28K	0	1000K	178K	191K	0	0	-439K
Dividends Paid	-62K	-6K	0	0	0	0	0	0	0	0
Share Repurchases	-8K	0	-28K	0	0	0	0	0	0	-366K
Other Financing	62K	0	954K	442K	-140K	-251K	-1.05M	0	0	0
Net Change in Cash	-2.77M▲ 0%	10.47M▲ 477.4%	2.26M▼ 78.4%	-3.06M▼ 235.3%	5.88M▲ 292.4%	8.05M▲ 37.0%	-4.87M▼ 160.5%	19.2M▲ 494.0%	874K▼ 95.4%	-31K▲ 0%
Free Cash Flow	106K▲ 0%	550K▲ 418.9%	1.33M▲ 142.2%	1.5M▲ 12.8%	2.79M▲ 85.3%	253K▼ 90.9%	-1.48M▼ 684.6%	385K▲ 126.0%	874K▲ 127.0%	408K▲ 0%
FCF Margin %	0.51%	2.46%	5.36%	4.71%	8.94%	17.5%	55.21%	22.28%	39.26%	11.15%
FCF Growth %	-60.3%	418.87%	142.18%	12.84%	85.3%	-90.92%	-684.59%	126.03%	127.01%	-50.37%
FCF per Share	0.04	0.18	0.27	0.30	0.53	0.05	-0.28	0.07	0.16	0.16
FCF Conversion (FCF/Net Income)	1.88x	5.82x	1.18x	0.38x	3.30x	0.09x	0.27x	1.43x	2.02x	0.44x
Interest Paid	17K	23K	23K	6K	3K	0	0	0	0	0
Taxes Paid	52K	41K	69K	86K	60K	0	0	0	76K	-29K

LGL Key Ratios

The LGL Group, Inc. (LGL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	TTM
Return on Equity (ROE)	1.07%	0.6%	5.38%	22.55%	2.59%	30.98%	-6.42%	0.68%	1.05%	2.19%
Return on Invested Capital (ROIC)	-1.25%	1.82%	5.96%	10.95%	4.73%	-10.42%	-6.73%	-11.4%	-	16.93%
Gross Margin	33.67%	34.55%	38.84%	39.24%	35.07%	50.83%	131.24%	53.94%	52.96%	72.1%
Net Margin	0.71%	0.52%	5.65%	22%	3.11%	1012.31%	111.68%	15.57%	19.41%	25.05%
Debt / Equity	-	-	-	0.01x	0.02x	0.00x	0.00x	0.00x	-	0.00x
Interest Coverage	-7.32x	25.09x	-	-	128.64x	-	-	-	-	-
FCF Conversion	1.88x	5.82x	1.18x	0.38x	3.30x	0.09x	0.27x	1.43x	2.02x	0.44x
Revenue Growth	0.86%	7.23%	11.02%	28.25%	-2.3%	-95.36%	-285.27%	164.5%	28.82%	20.24%

LGL Frequently Asked Questions

The LGL Group, Inc. (LGL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

The LGL Group, Inc. (LGL) reported $3.7M in revenue for fiscal year 2024. This represents a 99% decrease from $338.2M in 1995.

The LGL Group, Inc. (LGL) grew revenue by 28.8% over the past year. This is strong growth.

Yes, The LGL Group, Inc. (LGL) is profitable, generating $0.9M in net income for fiscal year 2024 (19.4% net margin).

Dividend & Returns

The LGL Group, Inc. (LGL) has a return on equity (ROE) of 1.1%. This is below average, suggesting room for improvement.

The LGL Group, Inc. (LGL) generated $0.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More LGL

The LGL Group, Inc. (LGL) financial analysis — history, returns, DCA and operating performance tools

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