LanzaTech Global, Inc.(LNZA)Earnings, Financials & Key Ratios
LNZA•NASDAQ
$22.65
$53M mkt cap·Price updated May 7, 2026
AboutLanzaTech Global, Inc. operates as a nature-based carbon refining company in the United States and internationally. The company transforms waste carbon into the chemical building blocks for consumer goods, such as sustainable fuels, fabrics, and packaging. LanzaTech Global, Inc. was founded in 2005 and is headquartered in Skokie, Illinois.Show more
- Revenue$50M-20.8%
- EBITDA-$103M-2.4%
- Net Income-$138M-2.7%
- EPS (Diluted)-69.71+11.2%
- Gross Margin47.63%+69.0%
- EBITDA Margin-208.38%-29.3%
- Operating Margin-219.66%-29.3%
- Net Margin-277.73%-29.7%
- ROE-215.34%-83.8%
- ROIC-147.65%-8.9%
- Debt/Equity6.09+3395.6%
LNZA Key Insights
LanzaTech Global, Inc. (LNZA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 95 (top 5%)
✗Weaknesses
- ✗High debt to equity ratio of 6.1x
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Shares diluted 12.2% in last year
- ✗Trading more than 30% below 52-week high
- ✗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.
LNZA Price & Volume
LanzaTech Global, Inc. (LNZA) stock price & volume — 10-year historical chart
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LNZA Growth Metrics
LanzaTech Global, Inc. (LNZA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years24.89%
TTM-31.28%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM41.38%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM42.72%
Return on Capital
10 Years-51.73%
5 Years-51.73%
3 Years-60.07%
Last Year-60.84%
LNZA Recent Earnings
LanzaTech Global, Inc. (LNZA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (27%)●Beat Revenue 1/12 qtrs (9%)
Q4 2025Latest
Nov 19, 2025EPS
$0.99
Est $12.42
+108.0%
Revenue
$9M
Est $12M
-23.9%
Q3 2025
Aug 19, 2025EPS
$15.00
Est $15.00
+0.0%
Revenue
$9M
Est $10M
-10.9%
Q2 2025
May 19, 2025EPS
$10.00
Est $11.00
+9.1%
Revenue
$9M
Est $19M
-49.3%
Q2 2025
Apr 15, 2025EPS
$14.00
Est $0.13
-10669.2%
Revenue
$12M
Est $22M
-44.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Nov 19, 2025 | $0.99vs $12.42+108.0% | $9Mvs $12M-23.9% |
| Q3 2025 | Aug 19, 2025 | $15.00vs $15.00+0.0% | $9Mvs $10M-10.9% |
| Q2 2025 | May 19, 2025 | $10.00vs $11.00+9.1% | $9Mvs $19M-49.3% |
| Q2 2025 | Apr 15, 2025 | $14.00vs $0.13-10669.2% | $12Mvs $22M-44.0% |
Based on last 12 quarters of dataView full earnings history →
LNZA Peer Comparison
LanzaTech Global, Inc. (LNZA) competitors in Recycling and Resource Recovery — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GEVO | 493.05M | 2.03 | -14.50 | 8.49% | -6.58% | -2.44% | 0.36 | |
 AMTX | 212.61M | 3.12 | -2.44 | -22.29% | -35.43% | |||
 LOOP | 68.16M | 1.41 | -4.46 | 70.17% | -24.34% | -207.55% | 8.41 | |
 OPAL | 53.58M | 2.34 | 15.60 | 16.34% | 4.23% | 3.08% | 0.73 | |
 LYB | 23.04B | 71.50 | -30.43 | -25.18% | -3.44% | -7.2% | 1.56 | |
 CLNE | 506.89M | 2.31 | -2.29 | 2.16% | -22.66% | -17.17% | 0.18 | |
 NRGV | 716.12M | 4.14 | -6.37 | 340.86% | -52.97% | -146.8% | 1.07 | |
 TPVG | 242.54M | 5.99 | 4.91 | 36.55% | -3.39% | 1.33 |
Compare LNZA vs Peers
LanzaTech Global, Inc. (LNZA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LNZA Income Statement
LanzaTech Global, Inc. (LNZA) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 18.35M | 25.46M | 37.34M | 62.63M | 49.59M | 39.88M |
| Revenue Growth % | - | 38.73% | 46.67% | 67.72% | -20.82% | -31.28% |
| Cost of Goods Sold | 11.59M | 15.23M | 28.29M | 44.98M | 25.97M | 28.31M |
| COGS % of Revenue | 63.16% | 59.81% | 75.75% | 71.82% | 52.37% | - |
| Gross Profit | 6.76M▲ 0% | 10.23M▲ 51.3% | 9.06M▼ 11.5% | 17.65M▲ 94.9% | 23.62M▲ 33.8% | 11.57M▲ 0% |
| Gross Margin % | 36.84% | 40.19% | 24.25% | 28.18% | 47.63% | 29.01% |
| Gross Profit Growth % | - | 51.34% | -11.49% | 94.92% | 33.82% | - |
| Operating Expenses | 46.46M | 61.25M | 84.66M | 124.03M | 132.56M | 117.54M |
| OpEx % of Revenue | 253.16% | 240.57% | 226.7% | 198.04% | 267.29% | - |
| Selling, General & Admin | 9.03M | 13.22M | 26.8M | 50.44M | 49.98M | 57.34M |
| SG&A % of Revenue | 49.2% | 51.91% | 71.78% | 80.53% | 100.78% | - |
| Research & Development | 34.45M | 44.23M | 53.19M | 68.14M | 77.01M | 58.14M |
| R&D % of Revenue | 187.73% | 173.71% | 142.44% | 108.8% | 155.28% | - |
| Other Operating Expenses | 2.98M | 3.81M | 4.66M | 5.45M | 5.57M | 1.78M |
| Operating Income | -39.7M▲ 0% | -51.02M▼ 28.5% | -75.6M▼ 48.2% | -106.38M▼ 40.7% | -108.93M▼ 2.4% | -105.97M▲ 0% |
| Operating Margin % | -216.32% | -200.38% | -202.44% | -169.85% | -219.66% | -265.75% |
| Operating Income Growth % | - | -28.51% | -48.18% | -40.72% | -2.4% | - |
| EBITDA | -36.72M | -47.21M | -70.94M | -100.93M | -103.34M | -101.81M |
| EBITDA Margin % | -200.09% | -185.43% | -189.97% | -161.15% | -208.38% | -255.31% |
| EBITDA Growth % | - | -28.57% | -50.25% | -42.27% | -2.39% | -7.39% |
| D&A (Non-Cash Add-back) | 2.98M | 3.81M | 4.66M | 5.45M | 5.59M | 4.16M |
| EBIT | -39.53M | -51.02M | -75.6M | -106.38M | -108.93M | -102.89M |
| Net Interest Income | -351K | -7K | 8K | 4.57M | 3.16M | 1.65M |
| Interest Income | 0 | 0 | 8K | 4.57M | 3.16M | 1.65M |
| Interest Expense | 351K | 7K | 0 | 0 | 0 | 0 |
| Other Income/Expense | 1.99M | 4.33M | -757K | -24.82M | -14.56M | 30.11M |
| Pretax Income | -37.71M▲ 0% | -46.69M▼ 23.8% | -76.36M▼ 63.5% | -131.2M▼ 71.8% | -123.5M▲ 5.9% | -69.56M▲ 0% |
| Pretax Margin % | -205.49% | -183.37% | -204.47% | -209.47% | -249.03% | -174.44% |
| Income Tax | 0 | 0 | 0 | 2.9M | 14.23M | 6.3M |
| Effective Tax Rate % | 0% | 0% | 0% | -2.21% | -11.53% | -9.06% |
| Net Income | -37.71M▲ 0% | -46.69M▼ 23.8% | -76.36M▼ 63.5% | -134.1M▼ 75.6% | -137.73M▼ 2.7% | -75.86M▲ 0% |
| Net Margin % | -205.49% | -183.37% | -204.47% | -214.11% | -277.73% | -190.24% |
| Net Income Growth % | - | -23.8% | -63.54% | -75.62% | -2.71% | 41.38% |
| Net Income (Continuing) | -37.71M | -46.69M | -76.36M | -134.1M | -137.73M | -75.86M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -42.34▲ 0% | 0.25▲ 100.6% | -1236.58▼ 496720.1% | -78.52▲ 93.7% | -69.71▲ 11.2% | -28.48▲ 0% |
| EPS Growth % | - | 100.59% | -496720.08% | 93.65% | 11.22% | 42.72% |
| EPS (Basic) | -42.34 | 0.25 | -1236.58 | -78.52 | -69.71 | - |
| Diluted Shares Outstanding | 1.63M | 187.5K | 93.02K | 1.76M | 1.98M | 2.66M |
| Basic Shares Outstanding | 890.75K | 187.5K | 93.02K | 1.76M | 1.98M | 2.32M |
| Dividend Payout Ratio | - | - | - | - | - | - |
LNZA Balance Sheet
LanzaTech Global, Inc. (LNZA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 76.59M | 680.93K | 123.9M | 172.7M | 99.33M | 50.63M |
| Cash & Short-Term Investments | 60.49M | 343.4K | 83.05M | 120.74M | 55.87M | 19.63M |
| Cash Only | 60.49M | 343.4K | 83.05M | 75.58M | 43.5M | 19.63M |
| Short-Term Investments | 0 | 0 | 0 | 45.16M | 12.37M | 0 |
| Accounts Receivable | 11.71M | 14.58M | 29.7M | 39.4M | 28.43M | 18.04M |
| Days Sales Outstanding | 232.83 | 208.99 | 290.25 | 229.59 | 209.25 | 191.98 |
| Inventory | 1.95M | 2.9M | 4.16M | 5.34M | 0 | 0 |
| Days Inventory Outstanding | 61.46 | 69.51 | 53.73 | 43.37 | - | - |
| Other Current Assets | 1.02M | -17.48M | 4.16M | 3.52M | 15.03M | 12.96M |
| Total Non-Current Assets | 42.39M | 150.19M | 52.96M | 68.92M | 75.35M | 48.66M |
| Property, Plant & Equipment | 17.97M | 18.83M | 26.66M | 41.13M | 49.12M | 32.84M |
| Fixed Asset Turnover | 1.02x | 1.35x | 1.40x | 1.52x | 1.01x | 0.97x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 23.22M | 24.75M | 25.55M | 22.06M | 19.35M | 64.32M |
| Other Non-Current Assets | 1.2M | 106.6M | 750K | 5.74M | 6.87M | 13.08M |
| Total Assets | 118.98M▲ 0% | 150.87M▲ 26.8% | 176.86M▲ 17.2% | 241.62M▲ 36.6% | 174.68M▼ 27.7% | 99.29M▲ 0% |
| Asset Turnover | 0.15x | 0.17x | 0.21x | 0.26x | 0.28x | 0.31x |
| Asset Growth % | - | 26.8% | 17.22% | 36.62% | -27.7% | -168.23% |
| Total Current Liabilities | 15.2M | 751.36K | 55.98M | 27.78M | 30.45M | 24.84M |
| Accounts Payable | 1.15M | 85.53K | 7.46M | 4.06M | 5.29M | 6.2M |
| Days Payables Outstanding | 36.12 | 2.05 | 96.2 | 32.95 | 74.34 | 70.5 |
| Short-Term Debt | 570K | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 5.48M | 3.48M | 3.1M | 3.2M | 6.17M | 17.05M |
| Other Current Liabilities | 0 | -5.53M | 33.09M | 7.61M | 7.65M | 4.17M |
| Current Ratio | 5.04x | 0.91x | 2.21x | 6.22x | 3.26x | 3.26x |
| Quick Ratio | 4.91x | -2.95x | 2.14x | 6.02x | 3.26x | 3.26x |
| Cash Conversion Cycle | 258.17 | 276.44 | 247.78 | 240.01 | - | 121.48 |
| Total Non-Current Liabilities | 414.99M | 10.86M | 549.6M | 99.37M | 130.79M | 79.43M |
| Long-Term Debt | 3.06M | 0 | 0 | 0 | 51.11M | 13.3M |
| Capital Lease Obligations | 5.33M | 3.28M | 6.62M | 19.82M | 30.62M | 93.94M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 395.3M | -6.32M | 532.22M | 71.32M | 43.83M | 161.75M |
| Total Liabilities | 430.2M | 11.61M | 605.58M | 127.15M | 161.24M | 104.27M |
| Total Debt | 10.59M | 5.33M | 7.41M | 19.94M | 81.89M | 30M |
| Net Debt | -49.91M | 4.99M | -75.63M | -55.64M | 38.39M | 10.37M |
| Debt / Equity | - | 0.04x | - | 0.17x | 6.09x | 6.09x |
| Debt / EBITDA | - | - | - | - | - | -0.29x |
| Net Debt / EBITDA | - | - | - | - | - | -0.10x |
| Interest Coverage | -113.11x | -7288.43x | - | - | - | - |
| Total Equity | -311.22M▲ 0% | 139.26M▲ 144.7% | -428.72M▼ 407.9% | 114.47M▲ 126.7% | 13.45M▼ 88.3% | -4.98M▲ 0% |
| Equity Growth % | - | 144.75% | -407.86% | 126.7% | -88.25% | -463.41% |
| Book Value per Share | -190.95 | 742.72 | -4608.92 | 65.03 | 6.81 | -1.87 |
| Total Shareholders' Equity | -311.22M | 139.26M | -428.72M | 114.47M | 13.45M | -4.98M |
| Common Stock | 0 | 150M | 1K | 19K | 19K | 23K |
| Retained Earnings | -333.2M | -10.74M | -456.25M | -831.87M | -969.6M | -1.02B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 3.17M | 3.26M | 2.74M | 2.36M | 1.39M | 1.57M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
LNZA Cash Flow Statement
LanzaTech Global, Inc. (LNZA) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | -39.27M | -42.59M | -84.7M | -97.3M | -89.06M | -89.06M |
| Operating CF Margin % | -213.98% | -167.28% | -226.82% | -155.35% | -179.59% | - |
| Operating CF Growth % | - | -8.45% | -98.88% | -14.87% | 8.46% | -7.9% |
| Net Income | -37.71M | -46.69M | -1.36M | -134.1M | -137.73M | -75.86M |
| Depreciation & Amortization | 2.98M | 3.81M | 4.66M | 5.45M | 5.59M | -1.12M |
| Stock-Based Compensation | 2.39M | 2.53M | 2.53M | 15.2M | 13.21M | 9.38M |
| Deferred Taxes | -1.4M | -4.42M | -7.19M | 0 | 0 | 0 |
| Other Non-Cash Items | 547K | -343K | -89.8M | 32.03M | 21.73M | -30.45M |
| Working Capital Changes | -6.08M | 2.52M | 6.45M | -15.88M | 8.14M | 19.69M |
| Change in Receivables | -4.47M | 2.67M | -15.06M | 104K | 9.72M | 13.97M |
| Change in Inventory | 0 | -85.53K | 15.06M | 0 | 0 | 0 |
| Change in Payables | 0 | 85.53K | 2.41M | -4.99M | -1.79M | -2.83M |
| Cash from Investing | -6.59M | -5.75M | -10.69M | -57.91M | 28.35M | 25.58M |
| Capital Expenditures | -7.11M | -5.75M | -10.73M | -8.55M | -5.31M | 2.33M |
| CapEx % of Revenue | 38.74% | 22.59% | 28.75% | 13.66% | 10.71% | - |
| Acquisitions | 0 | 0 | 49K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - |
| Other Investing | 517K | 150M | 40K | 44.5M | 25K | 16.91M |
| Cash from Financing | 44.73M | 116.02M | 50.55M | 148.19M | 30.21M | -148.16M |
| Debt Issued (Net) | -1.81M | -570K | 0 | 0 | 40M | -12.5M |
| Equity Issued (Net) | 0 | 1000K | 545K | -1000K | -48K | 1000K |
| Dividends Paid | 0 | 0 | 0 | -722.16M | 0 | -1.44B |
| Share Repurchases | 0 | 0 | -649K | -7.65M | -48K | 0 |
| Other Financing | 46.54M | -34.27M | 50M | 878M | -9.74M | 1.27B |
| Net Change in Cash | -1.21M▲ 0% | 67.82M▲ 5714.5% | -45.02M▼ 166.4% | -7.43M▲ 83.5% | -30.55M▼ 311.4% | -37.47M▲ 0% |
| Free Cash Flow | -46.38M▲ 0% | -48.34M▼ 4.2% | -95.44M▼ 97.4% | -105.85M▼ 10.9% | -94.37M▲ 10.8% | -81.17M▲ 0% |
| FCF Margin % | -252.72% | -189.87% | -255.57% | -169% | -190.3% | -203.56% |
| FCF Growth % | - | -4.23% | -97.42% | -10.91% | 10.84% | 9.9% |
| FCF per Share | -28.46 | -257.83 | -1025.99 | -60.13 | -47.76 | -47.76 |
| FCF Conversion (FCF/Net Income) | 1.04x | 0.91x | 1.11x | 0.73x | 0.65x | 1.07x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 |
LNZA Key Ratios
LanzaTech Global, Inc. (LNZA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | -33.53% | - | -117.15% | -215.34% | 1696.24% |
| Return on Invested Capital (ROIC) | - | - | -135.62% | -147.65% | -147.65% |
| Gross Margin | 40.19% | 24.25% | 28.18% | 47.63% | 29.01% |
| Net Margin | -183.37% | -204.47% | -214.11% | -277.73% | -190.24% |
| Debt / Equity | 0.04x | - | 0.17x | 6.09x | 6.09x |
| Interest Coverage | -7288.43x | - | - | - | - |
| FCF Conversion | 0.91x | 1.11x | 0.73x | 0.65x | 1.07x |
| Revenue Growth | 38.73% | 46.67% | 67.72% | -20.82% | -31.28% |
LNZA Frequently Asked Questions
LanzaTech Global, Inc. (LNZA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
LanzaTech Global, Inc. (LNZA) reported $39.9M in revenue for fiscal year 2024. This represents a 117% increase from $18.4M in 2020.
LanzaTech Global, Inc. (LNZA) saw revenue decline by 20.8% over the past year.
LanzaTech Global, Inc. (LNZA) reported a net loss of $75.9M for fiscal year 2024.
Dividend & Returns
LanzaTech Global, Inc. (LNZA) has a return on equity (ROE) of -215.3%. Negative ROE indicates the company is unprofitable.
LanzaTech Global, Inc. (LNZA) had negative free cash flow of $81.2M in fiscal year 2024, likely due to heavy capital investments.
Explore More LNZA
LanzaTech Global, Inc. (LNZA) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates