Lifeway Foods, Inc.
LWAY Nasdaq· Dairy Products
Last close · Oct 27, 2026
$23.22
KIRA · Stoqly’s AI analyst, in plain words
- Lifeway Foods, Inc. had $212M of revenue in fiscal 2025, up 13.7% on the year before. Over five years, revenue changed +15.8% a year on average.
- Its operating margin was 7.6%, up 0.2 pts: of every 100 in sales, about 8 is left after running the business.
- Lifeway Foods, Inc. made $13.9M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 16.8% a year.
- Free cash flow was −$16.4M in fiscal 2025, −7.7% of revenue.
Market cap
$355M
P/E
33.7x
Revenue
$212M
Net income
$13.9M
Free cash flow
−$16.4M
Operating margin
7.6%
Lifeway Foods, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+13.7%
Yes. Sales grew 13.7% last year.
Does it make a profit?
6.5%
A little. It keeps 6.5% of every sale as profit.
Does profit turn into cash?
−7.7%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
33.7x
One share costs 33.7 times its yearly profit per share.
What Lifeway Foods, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 17, 2026
- Legal name
- Lifeway Foods, Inc.
- CIK
- 0000814586
Lifeway Foods, Inc. · LWAY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $119M | $142M | $160M | $187M | $212M |
| Revenue growth | 16.7% | 18.9% | 13.1% | 16.7% | 13.7% |
| Gross margin | 24.1% | 18.9% | 26.5% | 26.0% | 27.4% |
| Operating margin | 4.9% | 1.7% | 10.6% | 7.4% | 7.6% |
| Net income | $3.3M | $0.9M | $11.4M | $9.0M | $13.9M |
| Net margin | 2.8% | 0.7% | 7.1% | 4.8% | 6.5% |
| Diluted EPS | $0.21 | $0.06 | $0.75 | $0.60 | $0.89 |
| Cash | |||||
| Cash from operations | $5.6M | $4.0M | $16.9M | $13.0M | $10.9M |
| Capital expenditure | $1.9M | $3.4M | $4.4M | $6.7M | $27.4M |
| Free cash flow | $3.6M | $0.5M | $12.6M | $6.3M | −$16.4M |
| FCF margin | 3.1% | 0.4% | 7.9% | 3.4% | −7.7% |
| Share buybacks | $1.6M | $4.0M | $0.0M | — | — |
| Share count change | 0.0% | −0.3% | −3.9% | 0.2% | 2.7% |
| Debt and strength | |||||
| Cash and short-term investments | $9.2M | $4.4M | $13.2M | $16.7M | $5.6M |
| Debt incl. finance leases | $4.5M | $3.8M | $2.8M | — | — |
| Shareholders' equity | $49.1M | $47.6M | $60.4M | $71.9M | $85.8M |
| Net debt / EBITDA | −0.5x | −0.1x | −0.5x | — | — |
| Current ratio | 2.4x | 2.1x | 2.3x | 2.8x | 2.2x |
| Interest coverage | 50.7x | 8.8x | 44.3x | 131.9x | 210.0x |
| Returns and quality | |||||
| Return on capital | 8.6% | 3.3% | 23.2% | — | — |
| Return on equity | 6.9% | 1.9% | 21.0% | 13.6% | 17.6% |
| Return on tangible equity | 11.2% | 3.3% | 27.2% | 16.8% | 20.3% |
| Piotroski F-score | 4 | 6 | 8 | 5 | 4 |
| Altman Z'' | 7.0 | 6.5 | 8.8 | 9.8 | 9.6 |
Insiders bought, 12 months
$12.5M
3 insiders
Insiders sold, 12 months
$93.2M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Lifeway Foods, Inc. · LWAY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $23.22 a share, the company is worth $355M: 33.7 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000814586). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.