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Luxfer Holdings vs NLI Holdings: LXFR and NL compared
Luxfer Holdings is the larger company: $91.7M of revenue in its latest quarter (Q3 2026) against $44.0M for NLI Holdings (Q3 2026). NLI Holdings is growing faster (+10% against -4% a year earlier). NLI Holdings is more profitable, with an operating margin of 7.1% against 3.1%.
Where the money goes: LXFR and NL
Luxfer Holdings (LXFR) · Q3 2026
Luxfer Holdings, Q3 2026: revenue $91.7M (-4% year over year), operating margin 3.1%, net earnings $900K, operating cash flow $15.6M. The chart follows the revenue to costs, profit and cash.
NLI Holdings (NL) · Q3 2026
NLI Holdings, Q3 2026: revenue $44.0M (+10% year over year), operating margin 7.1%, net earnings $12.7M, operating cash flow $10.0M. The chart follows the revenue to costs, profit and cash.
| Luxfer Holdings (LXFR) | NLI Holdings (NL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $91.7M | $44.0M |
| Revenue growth, Y/Y | -4% | +10% |
| Gross margin | 24.4% | 29.6% |
| Operating margin | 3.1% | 7.1% |
| Net earnings | $900K | $12.7M |
| Net margin | 1.0% | 29.0% |
| Operating cash flow | $15.6M | $10.0M |
| Free cash flow | $12.4M | $8.4M |
Where the revenue comes from
Luxfer Holdings
- Defense, First Response, and Healthcare: $43.3M (47%)
- Transportation: $25.8M (28%)
- Specialty Industrial: $22.6M (25%)
NLI Holdings
- Security Products: $31.7M (72%)
- Marine Components: $12.3M (28%)
Questions
Which is bigger, Luxfer Holdings or NLI Holdings?
Luxfer Holdings is the larger company: $91.7M of revenue in its latest quarter (Q3 2026) against $44.0M for NLI Holdings (Q3 2026).
Is Luxfer Holdings or NLI Holdings growing faster?
NLI Holdings is growing faster (+10% against -4% a year earlier).
Which is more profitable, Luxfer Holdings or NLI Holdings?
NLI Holdings is more profitable, with an operating margin of 7.1% against 3.1%.
More: Luxfer Holdings earnings · how Luxfer Holdings makes money · NLI Holdings earnings · how NLI Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.