Local Bounti Corp
Local Bounti Corporation produces and sells fresh greens in the United States. The company offers lettuce, arugula, spinach, basil, herbs, berries, and loose-leaf lettuce. It sells its products to food retailers and food service distributors. The company was founded in 2018 and is headquartered in Hamilton, Montana.
Market Cap & Net Worth: Local Bounti Corp (LOCL)
Local Bounti Corp (NYSE:LOCL) has a market capitalization of $23.16 Million ($23.16 Million) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #31221 globally and #10291 in its home market, demonstrating a 5.05% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Local Bounti Corp's stock price $1.04 by its total outstanding shares 22271082 (22.27 Million).
Local Bounti Corp Market Cap History: 2021 to 2026
Local Bounti Corp's market capitalization history from 2021 to 2026. Data shows change from $1.87 Billion to $23.16 Million (-62.40% CAGR).
Local Bounti Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Local Bounti Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.21x
Local Bounti Corp's market cap is 1.21 times its annual revenue
0.16x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $1.87 Billion | $638.00K | -$56.09 Million | 2927.01x | N/A |
| 2022 | $402.44 Million | $19.47 Million | -$111.07 Million | 20.67x | N/A |
| 2023 | $46.10 Million | $27.56 Million | -$124.02 Million | 1.67x | N/A |
| 2024 | $46.10 Million | $38.14 Million | -$119.90 Million | 1.21x | N/A |
Competitor Companies of LOCL by Market Capitalization
Companies near Local Bounti Corp in the global market cap rankings as of March 18, 2026.
Key companies related to Local Bounti Corp by market ranking:
- Archer-Daniels-Midland Company (NYSE:ADM): Ranked #619 globally with a market cap of $33.40 Billion USD.
- Bunge Limited (NYSE:BG): Ranked #996 globally with a market cap of $19.69 Billion USD.
- Tyson Foods Inc (NYSE:TSN): Ranked #1128 globally with a market cap of $17.05 Billion USD.
- Muyuan Foodstuff Co Ltd (SHE:002714): Ranked #1198 globally with a market cap of $15.65 Billion USD ( CN¥114.85 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #619 | Archer-Daniels-Midland Company | NYSE:ADM | $33.40 Billion | $70.75 |
| #996 | Bunge Limited | NYSE:BG | $19.69 Billion | $123.62 |
| #1128 | Tyson Foods Inc | NYSE:TSN | $17.05 Billion | $61.83 |
| #1198 | Muyuan Foodstuff Co Ltd | SHE:002714 | $15.65 Billion | CN¥49.74 |
Local Bounti Corp Historical Marketcap From 2021 to 2026
Between 2021 and today, Local Bounti Corp's market cap moved from $1.87 Billion to $ 23.16 Million, with a yearly change of -62.40%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $23.16 Million | -51.40% |
| 2025 | $47.66 Million | +3.38% |
| 2024 | $46.10 Million | 0.00% |
| 2023 | $46.10 Million | -88.54% |
| 2022 | $402.44 Million | -78.45% |
| 2021 | $1.87 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Local Bounti Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $23.16 Million USD |
| MoneyControl | $23.16 Million USD |
| MarketWatch | $23.16 Million USD |
| marketcap.company | $23.16 Million USD |
| Reuters | $23.16 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.