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Luckin Coffee Inc. LKNCY

OTC · stock · Retail-Eating & Drinking Places · website · IPO 2019-05-17

Luckin Coffee Inc. statistics & valuation

Profitability & efficiency

Gross margin (%)
20182019202020212022202320242025
Operating margin (%)
-190.10% -106.20% -64.10% -6.80% 8.70% 12.10% 10.30% 10.30% 20182019202020212022202320242025
Return on equity (%)
20182019202020212022202320242025
Shares outstanding
1.61B 2.02B 2.14B 2.52B 2.53B 2.55B 2.57B 20182019202020212022202320242025
Net debt ($)
-$1.40B -$654.4M 20182019202020212022202320242025
Share buybacks ($)
20182019202020212022202320242025
Return on assets (%)
20182019202020212022202320242025
Free cash flow margin (%)
-275.50% -123.60% -79.30% -0.60% -5.70% 0.60% 5.60% 7.00% 20182019202020212022202320242025
Debt / equity (×)
0.06× 20182019202020212022202320242025
EPS ($)
-$2.31 -$2.76 $0.05 $0.03 $0.16 $0.16 $0.20 20182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Luckin Coffee Inc. trades at about 162.7× earnings — near its 10-year norm (10-year range 129.1×–801.7×, median 175.3×).

129.1× 801.7×

Shaded band = 10-year range (129.1×–801.7×); dot = today's 162.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin10.3%10.3%12.1%8.7%-6.8%-64.1%-106.2%-190.1%
FCF margin7.0%5.6%0.6%-5.7%-0.6%-79.3%-123.6%-275.5%
Debt / equity——————0.06×-0.12×
Current ratio1.701.601.392.131.276.411.753.11

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.