LCII (LCI Industries) Debt-to-Asset : 0.38 (As of Mar. 2026)

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LCII LCI Industries Inc LCII
79 GF Score
Price $103.35
GF Value $122.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is LCI Industries Debt-to-Asset?

LCI Industries LCII -1.20% 79 Debt-to-Asset is 0.38 as of Mar. 2026. GuruFocus rates LCII with a GF Score™ of 79/100 and a GF Value™ of $122.61 (Modestly Undervalued). The stock has 4 warning signs investors should review.

LCI Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $49 Mil. LCI Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,187 Mil. LCI Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $3,217 Mil. LCI Industries's debt to asset for the quarter that ended in Mar. 2026 was 0.38.


LCI Industries  (NYSE:LCII) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


LCI Industries Debt-to-Asset Related Terms


LCI Industries Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for LCI Industries's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

LCI Industries Debt-to-Asset Chart

LCI Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.42 0.37 0.34 0.39

LCI Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.38 0.38 0.39 0.38

LCII vs HOG, PATK, THO: Debt-to-Asset Comparison

For the Recreational Vehicles subindustry, LCI Industries's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LCI Industries Debt-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where LCI Industries's Debt-to-Asset falls into.


LCII
79GF Score
LCI Industries Inc LCII
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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LCI Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

LCI Industries's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(47.857 + 1187.549) / 3175.987
=0.39

LCI Industries's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(48.649 + 1186.697) / 3216.796
=0.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.38 mean?
LCI Industries (LCII) has a Debt-to-Asset of 0.38 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on LCI Industries and its competitors.
Is LCI Industries' Debt-to-Asset too high?
LCI Industries' current Debt-to-Asset is 0.38. Overall, LCI Industries has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LCI Industries' Debt-to-Asset compare to HOG and PATK?
LCI Industries' Debt-to-Asset of 0.38 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Vehicles & Parts company?
A good Debt-to-Asset depends on the Vehicles & Parts industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on LCI Industries and its competitors. LCI Industries's current Debt-to-Asset is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LCI Industries stock overvalued right now?
Based on GuruFocus' analysis, LCI Industries (LCII) is currently considered Modestly Undervalued. The stock's GF Value™ is $122.61, compared to a current price of $103.35 — trading 15.7% below its estimated fair value. The current Debt-to-Asset is 0.38. LCI Industries' overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For LCI Industries (LCII), the current Debt-to-Asset is 0.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LCI Industries (LCII) Overvalued in 2026?

Based on GuruFocus' analysis, LCI Industries stock appears to be undervalued. The current stock price of $103.35 is trading 15.7% below its estimated GF Value™ of $122.61. GuruFocus considers LCI Industries to be Modestly Undervalued.

Key valuation signals for LCII:

  • Debt-to-Asset: 0.38
  • GF Value™: $122.61 vs. price of $103.35 (15.7% below fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the LCII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LCI Industries Business Description

Other Exchanges 0DI:Germany
Address 3501 County Road 6 East, Elkhart, IN, USA, 46514
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries, including buses and trailers used to haul boats, livestock, equipment, and other cargo. It has two reportable segments: the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold to manufacturers of RVs such as Thor Industries, Forest River, Winnebago, and other RV OEMs, and to manufacturers in adjacent industries.
79GF Score

Get the complete analysis for LCII

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$103.35
Price
$122.61
GF Value