📊 LCII Key Takeaways
Is LCII a Good Investment? Thesis Analysis
LCI Industries demonstrates strong operational performance with net income growing 31.8% YoY significantly outpacing revenue growth of 10.2%, indicating meaningful margin expansion and improved efficiency. The company generates robust free cash flow of $278.3M with a 6.8% FCF margin while maintaining a healthy balance sheet with 2.85x current ratio and 0.69x debt/equity, providing financial stability.
Why Buy LCII? Key Strengths
- Exceptional FCF generation ($278.3M) with strong 6.8% FCF margin demonstrating earnings quality
- Operating leverage evident as net income growth (31.8%) significantly exceeds revenue growth (10.2%), signaling margin expansion
- Fortress balance sheet with strong liquidity (2.85x current ratio), conservative leverage (0.69x D/E), and robust interest coverage (7.8x)
LCII Investment Risks to Consider
- Cyclical industry exposure tied to automotive OEM demand and broader economic conditions
- Modest operating margins (6.8%) and net margins (4.6%) provide limited downside protection in economic stress
- Significant long-term debt ($945.2M) requires sustained strong cash flow generation to maintain financial health
Key Metrics to Watch
- Free cash flow sustainability and trends in CapEx requirements
- Operating margin trajectory and gross margin resilience amid input cost pressures
- Debt levels and refinancing conditions given automotive sector cyclicality
LCII Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 2.85x current ratio provides a solid financial cushion.
LCII Profitability Ratios
LCII vs Default Sector
How LCI INDUSTRIES compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is LCII Overvalued or Undervalued?
Based on fundamental analysis, LCI INDUSTRIES has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
LCII Balance Sheet & Liquidity
LCII 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: LCI INDUSTRIES's revenue has remained relatively flat over the 5-year period, with a 8% decline. The most recent EPS of $2.52 reflects profitable operations.
LCII Growth Metrics (YoY)
LCII Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $915.5M | $35.6M | $1.39 |
| Q2 2025 | $1.1B | $36.5M | $2.29 |
| Q1 2025 | $968.0M | $36.5M | $1.44 |
| Q3 2024 | $915.5M | $7.3M | $1.02 |
| Q2 2024 | $1.0B | $7.3M | $1.31 |
| Q1 2024 | $968.0M | $7.3M | $0.29 |
| Q3 2023 | $959.3M | $7.3M | $1.02 |
| Q2 2023 | $1.0B | $7.3M | $1.31 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
LCII Capital Allocation
LCII SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for LCI INDUSTRIES (CIK: 0000763744)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 1, 2026 | 4 | xslF345X06/wk-form4_1775074281.xml | View → |
| Mar 31, 2026 | 4 | xslF345X06/wk-form4_1774990615.xml | View → |
| Mar 27, 2026 | DEF 14A | ny20062431x1_def14a.htm | View → |
| Mar 3, 2026 | 4 | xslF345X05/wk-form4_1772573999.xml | View → |
| Mar 3, 2026 | 4 | xslF345X05/wk-form4_1772573955.xml | View → |
❓ Frequently Asked Questions about LCII
What is the AI rating for LCII?
LCI INDUSTRIES (LCII) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are LCII's key strengths?
Claude: Exceptional FCF generation ($278.3M) with strong 6.8% FCF margin demonstrating earnings quality. Operating leverage evident as net income growth (31.8%) significantly exceeds revenue growth (10.2%), signaling margin expansion.
What are the risks of investing in LCII?
Claude: Cyclical industry exposure tied to automotive OEM demand and broader economic conditions. Modest operating margins (6.8%) and net margins (4.6%) provide limited downside protection in economic stress.
What is LCII's revenue and growth?
LCI INDUSTRIES reported revenue of $4.1B.
Does LCII pay dividends?
LCI INDUSTRIES pays dividends, with $114.0M distributed to shareholders in the trailing twelve months.
Where can I find LCII SEC filings?
Official SEC filings for LCI INDUSTRIES (CIK: 0000763744) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is LCII's EPS?
LCI INDUSTRIES has a diluted EPS of $7.57.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is LCII a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, LCI INDUSTRIES has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is LCII stock overvalued or undervalued?
Valuation metrics for LCII: ROE of 13.8% (sector avg: 15%), net margin of 4.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy LCII stock in 2026?
Our dual AI analysis gives LCI INDUSTRIES a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is LCII's free cash flow?
LCI INDUSTRIES's operating cash flow is $331.0M, with capital expenditures of $52.6M. FCF margin is 6.8%.
How does LCII compare to other Default stocks?
Vs Default sector averages: Net margin 4.6% (avg: 12%), ROE 13.8% (avg: 15%), current ratio 2.85 (avg: 1.8).