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LiveWire Group (LVWR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

LiveWire Group
NYSE•Consumer Cyclical•Recreational Vehicles
$1.28+0.13(0.11%)Market closed
Market Cap
$262.45M
P/S
8.4x
P/B
22.0x

LiveWire Group, Inc. manufactures and sells electric motorcycles in the United States, Austria, and internationally. The company operates in two segments, Electric Motorcycles and STACYC. It designs and sells electric motorcycles and parts, accessories, and apparel; electric balance bikes for kids; and adult pedal assist electric bikes. The company sells its products to wholesale, independent dealers and retailers, and independent distributors, as well as direct to consumers online. It offers its products under the LiveWire brand name. The company was founded in 2010 and is based in Milwaukee, Wisconsin. LiveWire Group, Inc. is a subsidiary of Harley-Davidson, Inc.

D

How this company scores

WeakMetricSide Score: 48/100

Grade capped at D — Interest coverage below 1× (-12.4x) — earnings cannot cover interest. Strongest: Growth (20/25); weakest: Balance Sheet & Red Flags (5/25).

Profitability15/25
Growth20/25
Balance Sheet & Red Flags5/25
Cash & Earnings Quality8/25
Strengths
Growing revenueProfit converts from growthImproving margins
Grade capped at D
  • Interest coverage below 1× (-12.4x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 8.4x5y range 8.4x – 60.3x
P/S 8.4x · below its 13-quarter median

Currently below its 13-quarter median.

P/B · 22.0x5y range 2.7x – 790.3x
P/B 22.0x · above its 16-quarter median

Currently above its 16-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume
Market Cap $262.45M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$31.29M
4Q
Q. Revenue
$9.12M
55%
TTM EBITDA
$-62.89M
7Q
TTM Op. Income
$-72.24M
7Q
Q. Op. Income
$-18.01M
1%
TTM Net Income
$-73.36M
7Q
Q. Net Income
$-18.21M
2Q
EPS
$-0.09
0%
Shares Out.
$205.04M
7Q
$31.29M in TTM revenue grew 31.3% YoY, reaching $9.12M last quarter. TTM EBITDA of $-62.89M and TTM operating income of $-72.24M show growth is flowing through to the bottom line. However, net income is negative at $73.36M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
-0.5%
105%
EBITDA Margin
-170.6%
36%
Op. Margin
-197.6%
36%
Net Margin
-199.8%
38%
Op. margin of -197.6% is up 113.4% YoY — cost efficiency is improving. Net margin at -199.8% and gross margin of -0.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 36% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
8.4x
4Q
P/B Ratio
22.0x
87%
P/S of 8.4x and P/B of 22.0x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$117.94M
2Q
Cash
$52.87M
2Q
Long-Term Debt
$76.82M
2Q
Book Value
$11.92M
7Q
D/E Ratio
6.4
2Q
Debt/EBITDA
N/A
With $117.94M in assets and $76.82M in long-term debt, D/E is 6.4and book value is $11.92M — elevated leverage, meaning significant financial risk in a downturn. Across the last 3 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-13.41M
2Q
TTM Free Cash Flow
$-50.89M
7Q
FCF Margin
-162.7%
5Q
FCF / Net Income
0.7
6Q
TTM FCF of $-50.89M on $-13.41M in operating cash flow. The FCF / Net Income ratio of 0.7x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.

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Leverage Risk

Red Flag

D/E ratio is 6.4 — heavily leveraged and vulnerable to rising rates or cash flow dips.

Cash Burn

Red Flag

The last 8 consecutive quarters had negative FCF — the company is burning cash and may need external funding.