LCI IndustriesLCII +1.58%70 Debt-to-Equity is 0.89 as of Mar. 2026, which is 6% above its 10-year median of 0.84. GuruFocus rates LCII with a GF Score™ of 70/100 and a GF Value™ of $122.52 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,218 Vehicles & Parts companies, LCI Industries ranks worse than 73.07% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for LCI Industries's Debt-to-Equity or its related term are showing as below:
LCII'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.84 Max: 1.35
Current: 0.89
During the past 13 years, the highest Debt-to-Equity Ratio of LCI Industries was 1.35. The lowest was 0.08. And the median was 0.84.
LCII's Debt-to-Equity is ranked worse than 73.07% of 1218
companies
in the Vehicles & Parts industry
Industry Median: 0.46
vs LCII: 0.89
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
LCI Industries Debt-to-Equity Related Terms
LCI Industries Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for LCI Industries's Debt-to-Equity 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.
For the Recreational Vehicles subindustry, LCI Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where LCI Industries's Debt-to-Equity falls into.
* 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 (LCII) has a Debt-to-Equity of 0.89 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on LCI Industries and its competitors. This is near median its historical median of 0.84. Over the past decade, LCI Industries' Debt-to-Equity has ranged from 0.08 to 1.35. According to the industry distribution chart, LCI Industries ranks #890 out of 1218 companies in the Vehicles & Parts industry, placing it in the top 73.1%.
Is LCI Industries' Debt-to-Equity too high?
LCI Industries' current Debt-to-Equity of 0.89 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.35. The Vehicles & Parts industry median Debt-to-Equity is 0.46. LCI Industries' value of 0.89 is 93.5% above this industry median. Based on the distribution chart, LCI Industries ranks #890 out of 1218 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, LCI Industries has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LCI Industries' Debt-to-Equity compare to HOG and PATK?
According to the Vehicles & Parts industry distribution chart, LCI Industries ranks #890 out of 1218 companies for Debt-to-Equity. This places LCI Industries in the lower half of its industry. The industry median Debt-to-Equity is 0.46. LCI Industries' value of 0.89 is 93.5% above this benchmark. Historically, LCI Industries' own Debt-to-Equity has ranged from 0.08 to 1.35 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.46, LCI Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,218 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LCI Industries's current Debt-to-Equity of 0.89 is 93.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on LCI Industries and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LCI Industries's current Debt-to-Equity is 0.89, which is near median its own 10-year median of 0.84. 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 $122.52, compared to a current price of $102.15 — trading 16.6% below its estimated fair value. The current Debt-to-Equity is 0.89, which is near median its 10-year median of 0.84 and 93.5% above the Vehicles & Parts industry median of 0.46. LCI Industries' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For LCI Industries (LCII), the current Debt-to-Equity is 0.89 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 $102.15 is trading 16.6% below its estimated GF Value™ of $122.52.
GuruFocus considers LCI Industries to be Modestly Undervalued.
Key valuation signals for LCII:
Debt-to-Equity: 0.89 (near median its 10-year median of 0.84)
GF Value™: $122.52 vs. price of $102.15 (16.6% below fair value)
Industry Position: 93.5% above the Vehicles & Parts median (#890 of 1218)
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 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.
70GF Score
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