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

99.50 3.01 −2.94%
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) Operating margin

Alert me on Operating margin

LCI Industries's operating margin over the twelve months to 30 September 2026 was 7.57%, up 0.8 percentage points from fiscal 2025 (6.79%). Over the past ten years it has ranged from 3.26% (fiscal 2023) to 12.0% (fiscal 2016); the current reading is higher than 27% of that period. That is above the Recreational Vehicles industry median of −0.16% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 6.79% 0.96
FY2024 5.83% 2.57
FY2023 3.26% (7.36)
FY2022 10.6% 1.71
FY2021 8.91% 0.94
FY2020 7.97% (0.47)
FY2019 8.44% 0.41
FY2018 8.03% (1.95)
FY2017 9.98% (1.98)
FY2016 12.0% 3.67

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 7.56% (2.35)
Jun 2026 9.91% 1.18
Mar 2026 8.73% 4.94
Dec 2025 3.79% (3.49)
43 more quarters

Against its own ten years

Low 3.26% High 12.0%
Ten-year median 8.29%
Current reading's percentile 37

Operating margin against peers

Company Operating margin
LCII LCI Industries 7.57%
PATK Patrick Industries, Inc. compare 6.32%
BC Brunswick Corporation compare 5.69%
DOO BRP Inc. compare 4.21%
WGO Winnebago Industries, Inc. compare 2.45%
THO Thor Industries, Inc. compare 2.05%
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare −0.32%
PII Polaris Inc. compare −1.79%
HOG Harley-Davidson, Inc. compare −5.63%
Recreational Vehicles industry median −0.16%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on LCII