← BackLCI INDUSTRIES · Motor Vehicle Parts & AccessoriesLCII
Low riskNext report: Nov 5 (confirmed)
The short versionA profitable company with shrinking sales. Institutions are trimming.
Going well
- Raised its dividend (5.2% yield)
- Profitable every year for 10 years
- Sales up 10% last year
Watch out for
- Sales down 13% in the latest quarter vs a year ago
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 3.1% from their holdings in the quarter ending June 2026 (172 bought, 175 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$87.91+3.6% that day
- Company value
- $2.1B
- Share price times all shares
- Price vs profit (P/E)
- 10.2x
- You pay about $10 for each $1 of yearly profit
- Price vs sales
- 0.53x
- Company value is 0.53 times a year of sales
- Dividend yield
- 5.2%
- Yearly dividend as a share of today's price
- Cash vs value
- 10%
- Cash as a share of company value
- Debt vs value
- 44%
- Debt as a share of company value
From LCII's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$968.7M-13% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $4.0B, up 4.1% from the 12 months before. Over 5 years, sales grew about 8.1% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.13.7%
- MissDebt under half of equityNot relying on borrowed money.0.69x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.6%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$278.3M
- PassShare count not growingNot diluting owners. Falling means buybacks.-2.6% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.23.8%
- Revenue
- $4.1B
- +10.2% vs prior year
- 5-year growth
- +8.1%/yr
- revenue, per year
- Total debt
- $945.2M
- 0.69x equity
- Current ratio
- 2.85x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $968.7M
- -12.5% YoY
- EPS
- $2.75
- vs $2.29
- Op. margin
- 9.9%
- +2.0 pts
- Gross margin
- 31.1%
- +6.7 pts
- Free cash flow
- $184.9M
- Share count
- -3.0%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
43/ 100
- This week
- 1
- Normal week
- 1.3
- vs normal
- 0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-3.1%Institutions cut 3.1% from their holdings. 172 bought, 175 sold.
Shares held by institutions25.7M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-1.4%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.6x · $852.6M debtShares outstandingLatest reported
24M- Results filedAug 5
- Results filedMay 5
- Results filedFeb 18
- Results filedOct 30, 2025
- Results filedAug 5, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.