LCI Industries (LCII) Stock Price & Analysis
LCI Industries (LCII) closed at USD 86.6 on Thursday, October 22, 2026, up 4.15% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 83.15; the Oct 22, 2026 session ranged USD 83.27–87.7 on volume of 456,269 shares. Market capitalization is $2.11B, with a 52-week range of USD 77.58–159.66 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:48 UTC.
Also available as compact Markdown for AI agents: nexqual.com/LCII.md
Key facts (LCII)
- Last four reported quarters (through Jun 30, 2026): revenue $4.03B, net income $211M (5.2% margin), free cash flow $287M (SEC filings).
- Valuation: P/E 10.0x (avg 28.1x at the last 3 fiscal year-ends), EV/EBITDA 6.5x, net debt $636M.
- Analysts: Hold (mean 2.55 on a 1–5 scale) (11 analysts), mean target USD 119.8 (range 80–175).
- Total return with dividends: 1Y -0.9% vs S&P 500 +14.9%; 5Y -25.0% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 2.09, revenue estimate $1.00B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (LCII)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $4.47B | $5.21B | $3.78B | $3.74B | $4.12B | $4.03B |
| Gross profit | $1.04B | $1.27B | $776M | $880M | $980M | — |
| Operating income | $398M | $553M | $123M | $218M | $280M | $302M |
| Net income | $288M | $395M | $64.2M | $143M | $188M | $211M |
| EPS (diluted) | $11.32 | $15.48 | $2.52 | $5.60 | $7.57 | — |
| Free cash flow | -$210M | $472M | $465M | $328M | $278M | $287M |
| Gross margin | 23.3% | 24.5% | 20.5% | 23.5% | 23.8% | — |
| Operating margin | 8.9% | 10.6% | 3.3% | 5.8% | 6.8% | 7.5% |
| Net margin | 6.4% | 7.6% | 1.7% | 3.8% | 4.6% | 5.2% |
| Revenue growth | +60.0% | +16.4% | -27.3% | -1.2% | +10.2% | — |
| Cash + short-term investments | $62.9M | $47.5M | $66.2M | $166M | $223M | — |
| Total debt | $1.30B | $1.12B | $847M | $757M | $945M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (LCII)
P/E 10.0x · P/S 0.5x · EV/EBITDA 6.5x · EV/Sales 0.7x · P/FCF 7.3x · P/B 1.5x · FCF yield 13.63% · Earnings yield 10.03% · Dividend yield (paid, TTM) 5.30% · Buyback yield (TTM) 2.96% · Net debt $636M · EV $2.74B
P/E at fiscal year-ends: Dec 2025 16.0x, Dec 2024 18.5x, Dec 2023 49.8x.
Analysts (LCII)
Consensus Hold (mean 2.55 on a 1–5 scale), 11 analysts; mean target USD 119.8 (low 80, high 175).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Stifel | Downgrade | Buy → Hold | $130 → $80 |
| 2026-08-10 | Roth Capital | Target lowered | Buy | $155 → $135 |
| 2026-08-06 | Stifel | Target lowered | Buy | $137 → $130 |
| 2026-07-20 | Stifel | Target lowered | Buy | $152 → $137 |
| 2026-07-08 | Truist Securities | Target lowered | Hold | $135 → $114 |
Total return (dividends reinvested) (LCII)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -0.9% | -25.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -0.9% | -5.6% |
| Volatility (annualized) | 37.2% | 38.7% |
| Max drawdown | -48.7% (Feb 2026→Oct 2026) | -48.6% (Feb 2026→Oct 2026) |
LCII revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| OEM | $674.8M | 69.7% | -19.6% |
| — Adjacent industries OEMs (part of OEM) | $338.7M | 35.0% | +0.7% |
| — Travel trailers and fifth-wheels (part of OEM) | $282.3M | 29.1% | -36.1% |
| — Motorhomes (part of OEM) | $53.8M | 5.6% | -12.4% |
| Aftermarket | $293.9M | 30.3% | +9.8% |
| Total revenue | $968.7M | 100% | — |
LCII revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Windows and doors | $217.2M | 22.4% | -3.6% |
| Chassis, chassis parts and slide-out mechanisms | $190.8M | 19.7% | -17.2% |
| Furniture and mattresses | $100.2M | 10.3% | -23.5% |
| Axles and suspension solutions | $76.8M | 7.9% | -18.3% |
| Other | $60.9M | 6.3% | -14.9% |
| Appliances | $29.0M | 3.0% | -66.9% |
| Total revenue | $968.7M | 100% | — |
LCII revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| U.S. | $861.0M | 88.9% | -14.2% |
| Non-US | $107.7M | 11.1% | +3.3% |
| Total revenue | $968.7M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
LCII suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Furrion Holdings | “We negotiate for the purchase of a significant portion of raw materials and semi-finished components with suppliers that are not located in the United States, and this amount has increased as a result of our acquisitions of Furrion and Way.” |
| Supplier | Way Interglobal Network | “We negotiate for the purchase of a significant portion of raw materials and semi-finished components with suppliers that are not located in the United States, and this amount has increased as a result of our acquisitions of Furrion and Way.” |
| Customer | THOR INDUSTRIES INC (THO) | “Major customers include Thor Industries, Inc. (symbol: THO), Forest River, Inc. (a Berkshire Hathaway company, symbol: BRKA), and Winnebago Industries (symbol: WGO), as well as other RV OEMs.” |
| Customer | BERKSHIRE HATHAWAY INC (BRK-B) | “Major customers include Thor Industries, Inc. (symbol: THO), Forest River, Inc. (a Berkshire Hathaway company, symbol: BRKA), and Winnebago Industries (symbol: WGO), as well as other RV OEMs.” |
| Customer | BRUNSWICK CORP (BC) | “Major customers include Brunswick Corporation (symbol: BC), Polaris Inc. (symbol: PII), Blue Bird Corporation (symbol: BLBD), Skyline Champion Corporation (symbol: SKY), and Cavco Industries, Inc. (symbol: CVCO).” |
| Customer | Polaris Inc. (PII) | “Major customers include Brunswick Corporation (symbol: BC), Polaris Inc. (symbol: PII), Blue Bird Corporation (symbol: BLBD), Skyline Champion Corporation (symbol: SKY), and Cavco Industries, Inc. (symbol: CVCO).” |
| Customer | Blue Bird Corp (BLBD) | “Major customers include Brunswick Corporation (symbol: BC), Polaris Inc. (symbol: PII), Blue Bird Corporation (symbol: BLBD), Skyline Champion Corporation (symbol: SKY), and Cavco Industries, Inc. (symbol: CVCO).” |
| Customer | CAVCO INDUSTRIES, INC. (CVCO) | “Major customers include Brunswick Corporation (symbol: BC), Polaris Inc. (symbol: PII), Blue Bird Corporation (symbol: BLBD), Skyline Champion Corporation (symbol: SKY), and Cavco Industries, Inc. (symbol: CVCO).” |
Quoted from the company's 10-K filed Feb 26, 2026.
LCII customer concentration
In the period ended Dec 31, 2025, 2 direct customers each accounted for at least 10% (18%, 15%) of revenue, per the company's 10-K filed Feb 26, 2026. The company does not name them.
LCII analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.09 | $2.30 | -9.1% | $1.00B | 11 |
| Next quarter (ends Dec 2026) | $1.09 | $1.27 | -14.5% | $916.1M | 11 |
| Current fiscal year (ends Dec 2026) | $8.43 | $8.70 | -3.1% | $4.01B | 11 |
| Next fiscal year (ends Dec 2027) | $9.26 | $9.83 | -5.8% | $4.19B | 11 |
Key Statistics (as of October 23, 2026 at 09:48 UTC)
| Price | USD 86.6 |
|---|---|
| Change | ▲ 4.15% (up) |
| Previous Close | USD 83.15 |
| Open | USD 83.02 |
| Day Range | USD 83.27 – 87.7 |
| 52-Week Range | USD 77.58 – 159.66 |
| Volume | 456,269 shares |
| Market Cap | $2.11B |
| Exchange | NYQ |
Technical Analysis (LCII)
Nexqual's technical model rates LCII "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 09:48 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 49.22 (neutral) |
| vs SMA50 | Below (USD 91.34) |
| MACD | -1.91 (negative) |
Analyst Ratings (LCII)
Wall Street analysts rate LCII "Hold" based on 11 analysts, with a mean price target of USD 119.8 (range USD 80–175), per Nexqual as of October 23, 2026 at 09:48 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 11 |
| Mean Target | USD 119.8 |
| High Target | USD 175 |
| Low Target | USD 80 |
| Buy / Hold / Sell | 4 / 7 / 0 |
Earnings (LCII)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 2.09 |
| Revenue Estimate | $1.00B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.7 vs est 2.56 ▲ beat |
| 2026-03-31 | USD 2.59 vs est 2.17 ▲ beat |
| 2025-12-31 | USD 0.89 vs est 0.71 ▲ beat |
| 2025-09-30 | USD 1.97 vs est 1.44 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financials & Fundamentals (LCII)
| Total Revenue | $4.03B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -12.50% |
| Gross Margin | +25.65% |
| Operating Margin | +0.54% |
| Profit Margin | +5.24% |
| ROE | +15.00% |
| Debt / Equity | 0.8 |
| Current Ratio | 2.49 |
| Total Cash | $216.51M |
| Total Debt | $1.15B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $286.95M (7.1% of revenue) |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financial Health Score (LCII)
Nexqual rates LCI Industries's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:48 UTC.
| Growth | Solid — Revenue +10% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 26%, operating 1% (last 12 months) |
| Balance Sheet | Mixed — $217M cash and investments vs $853M debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $287M (last 4 quarters to Jun 2026, SEC), 7% margin |
| Efficiency | Solid — ROE 15%, ROA 6.1% |
Ownership (LCII)
| Insider Ownership | +3.52% |
|---|---|
| Institutional Ownership | +111.30% |
| Shares Outstanding | 24.31M |
| Float | 23.44M |
| Short % of Float | +11.50% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Leadership (LCII)
LCI Industries is led by John A. Sirpilla, Interim CEO & Director, per Nexqual as of October 23, 2026 at 09:48 UTC.
| Interim CEO & Director | John A. Sirpilla |
|---|---|
| Executive VP & CFO | Lillian D. Etzkorn |
| Group President of Aftermarket & Technology Groups | Jamie M. Schnur |
| Group President of North America | Ryan Richard Smith |
| Chief Technology Officer | Mark Woloszyk |
Major Backers & Investors (LCII)
Notable institutional backers of LCI Industries include Kayne Anderson Rudnick Investment Management LLC, FMR, LLC, Royce & Associates LP, according to Nexqual as of October 23, 2026 at 09:48 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Kayne Anderson Rudnick Investment Management LLC | 7.16% |
| FMR, LLC | 4.91% |
| Royce & Associates LP | 2.67% |
| American Century Companies Inc | 2.57% |
| Fidelity | 1.86% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 15.22% |
| Vanguard Group | 10.46% |
| Dimensional Fund Advisors | 6.17% |
| State Street | 3.9% |
| Geode Capital | 2.84% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
From LCI Industries's Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- Capital expenditures for 2025 were $53 million, which included normal replacement expenditures along with approximately $17 million in capacity investments for operational improvements and approximately $1 million in automation investments.
- Together, these segments leverage our manufacturing competencies, leadership expertise, customer relationships, and market insights to drive efficiencies and innovation that enable us to maintain a leadership position in the RV market while continuing to expand in adjacent industries and aftermarket channels.
- We believe that our focus on innovation and operational efficiency can enable us to gain additional share in critical markets, further strengthening our competitive position.
- Recently, some of the product innovations we developed for European markets have gained popularity in the United States as well.
Legal & Regulatory Risks (Item 1A, quoted)
- Our business is subject to numerous international, federal, state and local regulations, and increased costs of compliance, failure in our compliance efforts, or events beyond our control could result in damages, expenses, or liabilities that could adversely impact our financial condition and operating results.
- Our risk management policies and procedures may not be fully effective in achieving their purposes.
- Our policies, procedures, controls and oversight to monitor and manage our enterprise risks may not be fully effective in achieving their purpose and may leave exposure to identified or unidentified risks.
- Our operations are subject to certain environmental laws and regulations, and costs of compliance, investigation, or remediation of environmental conditions could have an adverse effect on our business and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PATK | Patrick Industries, Inc. | USD 70.27 | ▲ 4.41% |
| HOG | Harley-Davidson, Inc. | USD 29.11 | ▲ 6.47% |
| PII | Polaris Inc. | USD 56.69 | ▲ 4.42% |
| THO | Thor Industries, Inc. | USD 70.71 | ▲ 6.44% |
| DOO | BRP Inc. | USD 58.54 | ▲ 4.78% |
| BC | Brunswick Corporation | USD 68.29 | ▲ 4.29% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:48 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt