Lsb Industries, Inc. · NYSE:LXU
Lsb Industries — Q3 2026 Earnings Presentation
14 slides from Lsb Industries's earnings presentation, Oct 29, 2026
Slide 1: Q3'26 Earnings Presentation
Q3’26 Earnings Presentation October 29, 2026 Exhibit 99.1
Slide 2: Forward-looking statements
Statements in this presentation that are not historical are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, include, but
Slide 3: Continued Improved Operational Performance Drives Improved Results
Continued Improved Operational Performance Drives Improved Results Q3’26 Highlights Delivered ~55% and 120% year-over-year growth in adjusted EBITDA(1) and EPS, respectively Continued focus on reliability, efficiency and output at our facilities Expect positive market conditions for both industrial
Slide 4: Positive Outlook on Industrial Markets
Global electricity demand is set to grow strongly, driven by electrification, AI-related infrastructure and industrialization Meeting that demand requires copper and other critical minerals, driving a multi-decade structural expansion in mining and strong demand for Ammonium Nitrate (AN) for explosi
Slide 5: Strong Fertilizer Pricing with Positive Outlook
Strong Fertilizer Pricing with Positive Outlook Sources: Profercy, Barchart.com Sources: USDA FAS PSD history (Oct-26 Release), Total Consumption (WASDE basis) derived by taking beginning stocks + production less ending stocks Agricultural Market The cost to produce nitrogen for Europe, the global m
Slide 6: ~55% Increase YOY in Adjusted EBITDA
~55% Increase YOY in Adjusted EBITDA Improved production performance and disciplined commercial execution enhanced our ability to optimize product mix based on market conditions Positive YOY growth in adjusted EBITDA, adjusted EBITDA margin and EPS TTM Adjusted EBITDA of >$220 million as of 9/30/202
Slide 7: Resilient Earnings Performance
(1) Resilient Earnings Performance Lower costs and disciplined execution driving improved performance $ in millions Adjusted EBITDA is a non-GAAP financial measure. See the discussion and reconciliation in the appendix. Other costs include plant fixed costs, SG&A, and other items. (1) (2) $40 $24 $(
Slide 8: Liquidity Remains Robust Providing Financial Flexibility to Drive Value
Liquidity Remains Robust Providing Financial Flexibility to Drive Value $132 M(4) $204 M $152 M $442 M $448 M $58 M(4) $34 M(5) $78 M(5) 1.1X 2.0X 09/30/26 Cash & ST Inv. Total Debt Sustaining CAPEX Operating Cash Flow Net Debt(1)/ TTM Adj. EBITDA(2) $ in millions $74 M(4) $44 M(5) Free Cash F
Slide 9: Company-Driven Levers Build to Add $95–$110 Million of Estimated Annual Adjusted EBITDA
$20 million already delivered $75–90 million in execution or identified Company-Driven Levers Build to add $95–$110 Million of Estimated Annual Adjusted EBITDA(1) Represents management’s estimate of annualized adjusted EBITDA run-rate opportunity and does not represent expected adjusted EBITDA contr
Slide 10: Appendix
Appendix 10
Slide 11: EBITDA and Adjusted EBITDA Reconciliation
EBITDA and Adjusted EBITDA Reconciliation LSB Consolidated ($ In Thousands) 2026 2025 2026 2025 Net income 16,347 $ 7,115 $ 29,843 $ 8,481 $ Plus: Interest expense and interest income, net 4,925 5,977 15,829 18,616 Loss on extinguishment of debt — — — 59 Depreciation and amortization 22,330 19,423 6
Slide 12: Trailing Twelve-Month EBITDA and Adjusted EBITDA
Trailing Twelve-Month EBITDA and Adjusted EBITDA* (1 ) See definition of EBITDA on previous page (2) See definition of adjusted EBITDA on previous page *Columns and rows may not foot due to rounding
Slide 13: Net Leverage Reconciliation – Net Debt to Adjusted EBITDA
Net Leverage Reconciliation – Net Debt to Adjusted EBITDA 2026 2025 Net Debt / TTM Adjusted EBITDA Net Debt (1) 238.7 $ 296.4 $ TTM Adjusted EBITDA (2) 221.6 145.0 Net Debt / TTM Adjusted EBITDA 1.1 2.0 TTM Ended September 30, (In Millions), except ratio amounts 2026 2025 Reconciliation of Total Deb
Slide 14: Reconciliation – Cash Flows
Reconciliation – Cash Flows 2026 2025 Reconciliation of Net Cash Provided by Operating Activities to Net Cash: Net cash provided by operating activities 131.7 $ 77.6 $ Less: Sustaining capital expenditures (1) (57.5) (34.0) Free cash flow (2) 74.2 $ 43.6 $ Less: Investment capital expenditures (3) (