LCI Industries (MEX:LCII) Debt-to-Equity: 0.89 (As of Mar. 2026) — Near Median

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MEX:LCII LCI Industries Inc MEX:LCII
80 GF Score
Price MXN1,805.85
GF Value MXN2,125.50
! 3 Warning Signs
View Full Analysis

What is LCI Industries Debt-to-Equity?

LCI Industries MEX:LCII 80 Debt-to-Equity is 0.89 as of Mar. 2026, which is 6% above its 10-year median of 0.84. GuruFocus rates MEX:LCII with a GF Score™ of 80/100 and a GF Value™ of MXN2,125.50. The stock has 3 warning signs investors should review. Among 1,217 Vehicles & Parts companies, LCI Industries ranks worse than 72.97% on this metric.

LCI Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN877 Mil. LCI Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN21,399 Mil. LCI Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN25,015 Mil. LCI Industries's debt to equity for the quarter that ended in Mar. 2026 was 0.89.

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:

MEX: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.

MEX:LCII's Debt-to-Equity is ranked worse than
72.97% of 1217 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs MEX:LCII: 0.89

LCI Industries  (MEX:LCII) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.

LCI Industries Debt-to-Equity Chart

LCI Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.00 0.82 0.72 0.91

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-Equity 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 0.86 0.87 0.88 0.91 0.89

MEX:LCII vs HOG, PATK, WGO: Debt-to-Equity Comparison

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.


MEX:LCII
80GF Score
LCI Industries Inc MEX:LCII
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LCI Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

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

* 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-Equity →
What does a Debt-to-Equity of 0.89 mean?
LCI Industries (MEX: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 #888 out of 1217 companies in the Vehicles & Parts industry, placing it in the top 73%.
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 #888 out of 1217 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, LCI Industries has a GF Score™ of 80/100, 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 #888 out of 1217 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 1,217 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?
LCI Industries (MEX:LCII) has a current Debt-to-Equity of 0.89. The stock's GF Value™ is MXN2,125.50, compared to a current price of MXN1,805.85 — trading 15% 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 80/100 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 (MEX: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 (MEX:LCII) Overvalued in 2026?

Based on GuruFocus' analysis, LCI Industries stock appears to be undervalued. The current stock price of MXN1,805.85 is trading 15% below its estimated GF Value™ of MXN2,125.50.

Key valuation signals for MEX:LCII:

  • Debt-to-Equity: 0.89 (near median its 10-year median of 0.84)
  • GF Value™: MXN2,125.50 vs. price of MXN1,805.85 (15% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 93.5% above the Vehicles & Parts median (#888 of 1217)

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


LCI Industries Business Description

Other Exchanges LCII:USA0DI: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.
80GF Score

Get the complete analysis for MEX:LCII

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

MXN1,805.85
Price
MXN2,125.50
GF Value