LCI Industries (NYSE:LCII) Releases Earnings Results, Beats Expectations By $0.20 EPS

LCI Industries (NYSE:LCII) released its quarterly earnings data on Wednesday. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.20, Briefing.com reports. The business had revenue of $909.25 million during the quarter, compared to analysts’ expectations of $913.04 million. LCI Industries had a net margin of 4.49% and a return on equity of 12.60%. During the same period in the previous year, the company earned $0.37 EPS. LCI Industries updated its FY 2026 guidance to 8.250-9.25 EPS.

Here are the key takeaways from LCI Industries’ conference call:

• Q4 results were strong: 15% year‑over‑year revenue growth with operating margin expanding 180 bps (quarterly operating margin more than doubled) and adjusted EBITDA up ~53% to $70M, while GAAP EPS more than doubled to $0.77.
• OEM momentum and product innovation drove results—OEM net sales rose 18% to $737M, total content per unit increased 11% to $5,670, and the five most recent product launches now have an annualized run rate of ~$225M; recent acquisitions (Freedman, Trans/Air) are integrating ahead of plan.
• Management guided 2026 to consolidated revenue of $4.2–$4.3B, operating margin of 7.5%–8% and adjusted diluted EPS of $8.25–$9.25, while targeting 70–120 bps of further margin improvement and continuing 8–10 facility consolidations to drive efficiency toward double‑digit margins.
• Aftermarket represents a sizable growth opportunity—aftermarket sales grew 8% to $196M, the company cites ~1.5M RVs entering the repair cycle over 1–3 years and estimates ~ $50M of potential annual automotive aftermarket opportunity from a competitor bankruptcy, supported by new distribution and manufacturing capacity.
• Near‑term profitability and some aftermarket margins are under pressure: aftermarket operating margin fell to 4.3% (from 7.9%) due to higher material/tariff costs, mix shifts and investment spending, the company recorded $3.9M of restructuring costs and is evaluating ~ $75M of lower‑margin divestitures that could reduce reported revenue near term.

LCI Industries Stock Performance

Shares of LCII stock traded up $4.45 during trading hours on Wednesday, hitting $158.56. The stock had a trading volume of 93,383 shares, compared to its average volume of 350,798. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.78 and a quick ratio of 1.28. The firm has a market capitalization of $3.84 billion, a PE ratio of 22.13 and a beta of 1.32. The stock’s 50 day moving average is $136.48 and its 200 day moving average is $113.72. LCI Industries has a twelve month low of $72.31 and a twelve month high of $159.66.

Wall Street Analyst Weigh In

A number of analysts have weighed in on LCII shares. Weiss Ratings restated a “hold (c)” rating on shares of LCI Industries in a research note on Thursday, January 22nd. BMO Capital Markets upgraded LCI Industries from an “underperform” rating to a “market perform” rating and set a $110.00 price objective on the stock in a report on Monday, November 3rd. Wall Street Zen upgraded LCI Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Truist Financial set a $147.00 price target on LCI Industries in a report on Tuesday, January 20th. Finally, Loop Capital reissued a “hold” rating and set a $149.00 price objective on shares of LCI Industries in a report on Thursday, January 22nd. Seven investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $125.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Global Retirement Partners LLC purchased a new stake in shares of LCI Industries in the fourth quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. increased its position in LCI Industries by 358.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock valued at $58,000 after acquiring an additional 488 shares during the period. Kestra Advisory Services LLC purchased a new stake in LCI Industries during the 4th quarter valued at approximately $64,000. EverSource Wealth Advisors LLC lifted its position in LCI Industries by 57.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,172 shares of the company’s stock worth $107,000 after acquiring an additional 426 shares during the period. Finally, Simplex Trading LLC grew its stake in shares of LCI Industries by 228.8% in the 4th quarter. Simplex Trading LLC now owns 1,288 shares of the company’s stock valued at $156,000 after purchasing an additional 2,288 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

LCI Industries Company Profile

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.