LCI Industries

LCII Consumer Cyclical Recreational Vehicles

LCI Industries' revenue for fiscal 2025 (year ended December 2025) was $4.1 billion, up 10.2% from fiscal 2024.

Revenue
−4.24%
EPS
−19.5%
Free cash flow
−35.2%
Total debt
−10.1%

Quarter to September 2026, against a year earlier

102.53 1.75 −1.68%
Market cap
$2.5B
P/E
12.5×
Fwd P/E
11.8×
Dividend yield
4.49%
F-score
8/9
Altman Z
3.48
Beneish M
−2.54
Dividend safety
72/100

LCI Industries (LCII) Gross margin

Alert me on Gross margin

LCI Industries's gross margin over the twelve months to 30 September 2026 was 26.2%, up 2.4 percentage points from fiscal 2025 (23.8%). Over the past ten years it has ranged from 20.5% (fiscal 2023) to 25.6% (fiscal 2016); the current reading is higher than 73% of that period. That is above the Recreational Vehicles industry median of 20.9% and below the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 23.8% 0.27
FY2024 23.5% 3.00
FY2023 20.5% (3.94)
FY2022 24.5% 1.13
FY2021 23.3% (1.93)
FY2020 25.3% 2.51
FY2019 22.7% 1.72
FY2018 21.0% (1.94)
FY2017 23.0% (2.59)
FY2016 25.6% 3.74

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 26.6% (4.51)
Jun 2026 31.1% 6.00
Mar 2026 25.1% 3.01
Dec 2025 22.1% (2.29)
43 more quarters

Against its own ten years

Low 20.5% High 25.6%
Ten-year median 23.3%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
LCII LCI Industries 26.2%
BC Brunswick Corporation compare 26.2%
HOG Harley-Davidson, Inc. compare 24.0%
PATK Patrick Industries, Inc. compare 23.3%
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare 22.9%
PII Polaris Inc. compare 21.3%
DOO BRP Inc. compare 20.6%
WGO Winnebago Industries, Inc. compare 13.0%
THO Thor Industries, Inc. compare 12.6%
Recreational Vehicles industry median 20.9%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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