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Lightwave Logic, Inc. LWLG

Nasdaq · stock · Miscellaneous Plastics Products · website · IPO 2003-02-13

Lightwave Logic, Inc. statistics & valuation

P / B16.3×
Net margin-8576.5%
FCF margin-6367.2%
Return on capital-26.9%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-51943.20% -23571.00% -8576.50% 2016201720182019202020212022202320242025
Gross margin (%)
93.80% 92.30% 2016201720182019202020212022202320242025
Operating margin (%)
-52405.50% -24150.60% -8765.50% 2016201720182019202020212022202320242025
Return on equity (%)
-144.00% -114.60% -117.60% -137.10% -116.30% -73.90% -62.50% -57.70% -67.40% -27.20% 2016201720182019202020212022202320242025
Shares outstanding
68.1M 74.1M 79.2M 87.4M 97.8M 110.6M 112.9M 118.1M 123.3M 146.1M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-138.30% -98.30% -105.90% -98.60% -91.20% -68.40% -58.90% -50.30% -59.60% -25.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-38339.50% -18637.00% -6367.20% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
-$0.07 -$0.18 -$0.15 -$0.18 -$0.19 -$0.16 2016201720182019202020212022202320242025

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

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin92.3%93.8%
Operating margin-8765.5%-24150.6%-52405.5%
Net margin-8576.5%-23571.0%-51943.2%
FCF margin-6367.2%-18637.0%-38339.5%
Return on assets-25.7%-59.6%-50.3%-58.9%-68.4%-91.2%-98.6%-105.9%-98.3%-138.3%
Return on equity-27.2%-67.4%-57.7%-62.5%-73.9%-116.3%-137.1%-117.6%-114.6%-144.0%
Current ratio32.6915.7512.6616.8614.924.152.626.866.2716.37

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