LCII (LCI Industries) Gross Profit: $1,002 Mil (TTM As of Mar. 2026)

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LCII LCI Industries Inc LCII
70 GF Score
Price $103.55
GF Value $122.55
Valuation Modestly Undervalued
! 3 Warning Signs
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What is LCI Industries Gross Profit?

LCI Industries LCII +1.48% 70 Gross Profit is $1,002 Mil as of Mar. 2026. GuruFocus rates LCII with a GF Score™ of 70/100 and a GF Value™ of $122.55 (Modestly Undervalued). The stock has 3 warning signs investors should review.

LCI Industries's gross profit for the three months ended in Mar. 2026 was $274 Mil. LCI Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $1,002 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. LCI Industries's gross profit for the three months ended in Mar. 2026 was $274 Mil. LCI Industries's Revenue for the three months ended in Mar. 2026 was $1,091 Mil. Therefore, LCI Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 25.09%.

LCI Industries had a gross margin of 25.09% for the quarter that ended in Mar. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of LCI Industries was 25.55%. The lowest was 20.51%. And the median was 23.42%.

Warning Sign:

LCI Industries Inc gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


LCI Industries  (NYSE:LCII) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

LCI Industries had a gross margin of 25.09% for the quarter that ended in Mar. 2026 => Competition eroding margins


LCI Industries Gross Profit Related Terms


LCI Industries Gross Profit Historical Data

* Premium members only.

The historical data trend for LCI Industries's Gross Profit 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 Gross Profit Chart

LCI Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,043.04 1,273.29 776.19 879.72 980.30

LCI Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit 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 251.75 270.02 252.61 205.91 273.67

LCII vs HOG, PATK, WGO: Gross Profit Comparison

For the Recreational Vehicles subindustry, LCI Industries's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where LCI Industries's Gross Profit falls into.


LCII
70GF Score
LCI Industries Inc LCII
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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LCI Industries Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

LCI Industries's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=4122.017 - 3141.722
=980

LCI Industries's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=1090.517 - 816.852
=274

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,002 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

LCI Industries's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=274 / 1090.517
=25.09 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $1,002 Mil mean?
LCI Industries (LCII) has a Gross Profit of $1,002 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on LCI Industries and its competitors.
Is LCI Industries' Gross Profit too high?
LCI Industries' current Gross Profit is $1,002 Mil. 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' Gross Profit compare to HOG and PATK?
LCI Industries' Gross Profit of $1,002 Mil 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 Gross Profit for a Vehicles & Parts company?
A good Gross Profit depends on the Vehicles & Parts industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on LCI Industries and its competitors. LCI Industries's current Gross Profit is $1,002 Mil. 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 $122.55, compared to a current price of $103.55 — trading 15.5% below its estimated fair value. The current Gross Profit is $1,002 Mil. 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 Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For LCI Industries (LCII), the current Gross Profit is $1,002 Mil 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 $103.55 is trading 15.5% below its estimated GF Value™ of $122.55. GuruFocus considers LCI Industries to be Modestly Undervalued.

Key valuation signals for LCII:

  • Gross Profit: $1,002 Mil
  • GF Value™: $122.55 vs. price of $103.55 (15.5% below fair value)
  • GF Score™: 70/100 with 3 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.
70GF Score

Get the complete analysis for LCII

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

$103.55
Price
$122.55
GF Value