LCI INDUSTRIES
LCII · Motor Vehicle Parts & Accessories · 24.3M shares · +0%/yr ↑ shares · EDGAR filings ↗
Reference price $142.76 · est. market cap ~$3.5B — last insider sale, 2026-02-24 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B76Market-leading RV/outdoor-recreation component supplier with above-average returns and strong free cash flow, navigating a soft cyclical demand backdrop.
Strengths
- ROE 13.8% (79th) and ROA (74th) both top-quartile; FCF $278M (82nd) with 75th-pct FCF margin
- Leading market shares across RV, marine, transportation and housing with growing aftermarket diversification
Risks
- RV end-markets remain cyclical with retail demand down and tariff/cost pressure on margins
- Debt/equity 0.69 and aftermarket operating margin compressed year-over-year
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
23.8%
Operating margin
6.8%
Net margin
4.6%
Return on equity
13.8%
Return on assets
5.9%
ROIC
9.6%
Revenue growth (QoQ)
16.9%
Net-income growth
31.8%
Debt / equity
0.7×
Net debt / EBITDA
1.8×
Interest coverage
7.8×
Current ratio
2.9×
Free cash flow
$278M
EBITDA
$401M
Tangible book value
$336M
Cash & investments
$223M
Stock comp / revenue
0.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-12 | GERO JAMES | Option exercise | 12K | $112.42 |
| 2026-05-12 | Henkels Virginia | Option exercise | 1.8K | $112.42 |
| 2026-05-12 | Deely Brendan | Option exercise | 1.8K | $112.42 |
| 2026-05-12 | GERO JAMES | Option exercise | 1.8K | $112.42 |
| 2026-05-12 | Myers Linda Kristine | Option exercise | 1.8K | $112.42 |
| 2026-05-12 | SIRPILLA JOHN A. | Option exercise | 1.8K | $112.42 |
| 2026-05-12 | Mains Stephanie K. | Option exercise | 1.8K | $112.42 |
| 2026-05-12 | O'SULLIVAN KIERAN M | Option exercise | 1.8K | $112.42 |
| 2026-05-12 | Graham Tracy D | Option exercise | 1.8K | $112.42 |
| 2026-04-17 | Etzkorn Lillian | Option exercise | 1.1K | $123.43 |
| 2026-04-17 | Etzkorn Lillian | Tax withheld | 499 | — |
| 2026-03-01 | Schnur Jamie | Option exercise | 2.4K | $133.20 |
| 2026-03-01 | Schnur Jamie | Option exercise | 2.5K | $133.20 |
| 2026-03-01 | Schnur Jamie | Option exercise | 2.8K | $133.20 |
| 2026-03-01 | Schnur Jamie | Tax withheld | 3.4K | — |
| 2026-03-01 | LIPPERT JASON | Option exercise | 7.5K | $133.20 |
| 2026-03-01 | LIPPERT JASON | Option exercise | 7.7K | $133.20 |
| 2026-03-01 | LIPPERT JASON | Option exercise | 8.4K | $133.20 |
| 2026-03-01 | LIPPERT JASON | Tax withheld | 10K | — |
| 2026-03-01 | EMENHISER KIP A. | Tax withheld | 571 | — |
| 2026-03-01 | SMITH RYAN RICHARD | Option exercise | 3.9K | $133.20 |
| 2026-03-01 | SMITH RYAN RICHARD | Option exercise | 3.7K | $133.20 |
| 2026-03-01 | SMITH RYAN RICHARD | Option exercise | 4.1K | $133.20 |
| 2026-03-01 | SMITH RYAN RICHARD | Tax withheld | 5.2K | — |
| 2026-03-01 | EMENHISER KIP A. | Option exercise | 491 | $133.20 |
| 2026-03-01 | EMENHISER KIP A. | Option exercise | 668 | $133.20 |
| 2026-03-01 | EMENHISER KIP A. | Option exercise | 793 | $133.20 |
| 2026-03-01 | Etzkorn Lillian | Option exercise | 1.4K | $133.20 |
| 2026-03-01 | Etzkorn Lillian | Option exercise | 1.6K | $133.20 |
| 2026-03-01 | Etzkorn Lillian | Tax withheld | 903 | — |
| 2026-02-24 | LIPPERT JASON | Sell | 10K | $142.76 |
| 2026-02-23 | Schnur Jamie | Sell | 10K | $144.66 |
| 2026-02-23 | LIPPERT JASON | Sell | 30K | $145.03 |
| 2026-02-20 | SMITH RYAN RICHARD | Sell | 20K | $147.81 |
| 2026-02-20 | Schnur Jamie | Sell | 10K | $147.65 |
| 2026-02-20 | LIPPERT JASON | Sell | 10K | $148.01 |
| 2025-07-31 | NAMENYE ANDREW J | Option exercise | 2.6K | $95.00 |
| 2025-07-31 | NAMENYE ANDREW J | Option exercise | 1.4K | $95.00 |
| 2025-07-31 | NAMENYE ANDREW J | Option exercise | 4.3K | $95.00 |
| 2025-07-31 | NAMENYE ANDREW J | Option exercise | 619 | $95.00 |
| 2025-07-31 | NAMENYE ANDREW J | Tax withheld | 4.0K | — |
| 2025-05-15 | GERO JAMES | Option exercise | 1.4K | $88.96 |
| 2025-05-15 | SIRPILLA JOHN A. | Option exercise | 1.4K | $88.96 |
| 2025-05-15 | REED DAVID A | Option exercise | 1.4K | $88.96 |
| 2025-05-15 | O'SULLIVAN KIERAN M | Option exercise | 1.4K | $88.96 |
| 2025-05-15 | Myers Linda Kristine | Option exercise | 1.4K | $88.96 |
| 2025-05-15 | Mains Stephanie K. | Option exercise | 1.4K | $88.96 |
| 2025-05-15 | Henkels Virginia | Option exercise | 1.4K | $88.96 |
| 2025-05-15 | Graham Tracy D | Option exercise | 1.4K | $88.96 |
| 2025-05-15 | Deely Brendan | Option exercise | 1.4K | $88.96 |
| 2025-04-17 | Etzkorn Lillian | Option exercise | 1.1K | $77.39 |
| 2025-04-17 | Etzkorn Lillian | Tax withheld | 315 | — |
| 2025-03-01 | Schnur Jamie | Option exercise | 1.9K | $103.82 |
| 2025-03-01 | Schnur Jamie | Option exercise | 2.3K | $103.82 |
| 2025-03-01 | Schnur Jamie | Option exercise | 2.4K | $103.82 |
| 2025-03-01 | Schnur Jamie | Tax withheld | 2.9K | — |
| 2025-03-01 | Etzkorn Lillian | Option exercise | 1.3K | $103.82 |
| 2025-03-01 | Etzkorn Lillian | Tax withheld | 375 | — |
| 2025-03-01 | NAMENYE ANDREW J | Option exercise | 1.4K | $103.82 |
| 2025-03-01 | NAMENYE ANDREW J | Option exercise | 1.4K | $103.82 |
| 2025-03-01 | NAMENYE ANDREW J | Option exercise | 1.3K | $103.82 |
| 2025-03-01 | NAMENYE ANDREW J | Tax withheld | 1.2K | — |
| 2025-03-01 | LIPPERT JASON | Option exercise | 6.6K | $103.82 |
| 2025-03-01 | LIPPERT JASON | Option exercise | 7.2K | $103.82 |
| 2025-03-01 | LIPPERT JASON | Option exercise | 7.3K | $103.82 |
| 2025-03-01 | LIPPERT JASON | Tax withheld | 9.3K | — |
| 2025-03-01 | SMITH RYAN RICHARD | Option exercise | 3.6K | $103.82 |
| 2025-03-01 | SMITH RYAN RICHARD | Option exercise | 3.7K | $103.82 |
| 2025-03-01 | SMITH RYAN RICHARD | Option exercise | 3.6K | $103.82 |
| 2025-03-01 | SMITH RYAN RICHARD | Tax withheld | 4.8K | — |
| 2025-03-01 | EMENHISER KIP A. | Option exercise | 454 | $103.82 |
| 2025-03-01 | EMENHISER KIP A. | Option exercise | 468 | $103.82 |
| 2025-03-01 | EMENHISER KIP A. | Option exercise | 637 | $103.82 |
| 2025-03-01 | EMENHISER KIP A. | Tax withheld | 457 | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (8)
- Thor Industries, Inc.
- Forest River, Inc.
- Winnebago Industries
- Brunswick Corporation
- Polaris Inc.
- Blue Bird Corporation
- Skyline Champion Corporation
- Cavco Industries, Inc.
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-23 | Exec/director change | filing ↗ |
| 2026-06-05 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-05-12 | Shareholder voteExhibits | filing ↗ |
| 2026-05-12 | OtherExhibits | filing ↗ |
| 2026-05-06 | Reg FDExhibits | filing ↗ |
| 2026-05-05 | ResultsExhibits | filing ↗ |
| 2026-05-04 | Reg FDExhibits | filing ↗ |
| 2026-04-20 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-23 | 2026-06-19 | 0000763744-26-000038 ↗ |
| 8-K | 2026-06-05 | 2026-06-03 | 0000763744-26-000037 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0000763744-26-000034 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0000763744-26-000033 ↗ |
| 8-K | 2026-05-06 | 2026-05-05 | 0000763744-26-000030 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0000763744-26-000024 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0000763744-26-000027 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0000763744-26-000020 ↗ |
| 8-K | 2026-04-20 | 2026-04-20 | 0000763744-26-000018 ↗ |
| 8-K | 2026-04-17 | 2026-04-17 | 0000763744-26-000016 ↗ |
| 8-K | 2026-02-27 | 2026-02-27 | 0000763744-26-000014 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0000763744-26-000011 ↗ |