LCII (LCI Industries) Interest Coverage: 9.60 (As of Mar. 2026) — 55% Below Median


LCII LCI Industries Inc LCII
72 GF Score
Price $94.14
GF Value $122.56
Valuation Modestly Undervalued
! 4 Warning Signs
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What is LCI Industries Interest Coverage?

LCI Industries LCII +2.04% 72 Interest Coverage is 9.60 as of Mar. 2026, which is 55% below its 10-year median of 21.41. GuruFocus rates LCII with a GF Score™ of 72/100 and a GF Value™ of $122.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,066 Vehicles & Parts companies, LCI Industries ranks worse than 52.25% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. LCI Industries's Operating Income for the three months ended in Mar. 2026 was $95 Mil. LCI Industries's Interest Expense for the three months ended in Mar. 2026 was $-10 Mil. LCI Industries's interest coverage for the quarter that ended in Mar. 2026 was 9.60. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for LCI Industries's Interest Coverage or its related term are showing as below:

LCII' s Interest Coverage Range Over the Past 10 Years
Min: 3.05   Med: 21.41   Max: 149.12
Current: 7.41


LCII's Interest Coverage is ranked worse than
52.25% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.295 vs LCII: 7.41

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


LCI Industries  (NYSE:LCII) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


LCI Industries Interest Coverage Related Terms


LCI Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for LCI Industries's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

LCI Industries Interest Coverage Chart

LCI Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.34 20.06 3.05 7.55 7.84

LCI Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 13.57 9.06 7.31 3.64 9.60

LCII vs HOG, PATK, PII: Interest Coverage Comparison

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

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

* The bar in red indicates where LCI Industries's Interest Coverage falls into.


LCII
72GF Score
LCI Industries Inc LCII
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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LCI Industries Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Dec. 2025, LCI Industries's Interest Expense was $-36 Mil. Its Operating Income was $280 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,188 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*279.922/-35.71
=7.84

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

Here, for the three months ended in Mar. 2026, LCI Industries's Interest Expense was $-10 Mil. Its Operating Income was $95 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,187 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*95.159/-9.913
=9.60

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 9.60 mean?
LCI Industries (LCII) has a Interest Coverage of 9.60 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on LCI Industries and its competitors. This is 55% below median its historical median of 21.41. Over the past decade, LCI Industries' Interest Coverage has ranged from 3.05 to 149.12. According to the industry distribution chart, LCI Industries ranks #557 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 52.3%.
Is LCI Industries' Interest Coverage too high?
LCI Industries' current Interest Coverage of 9.60 is 55% below median its 10-year median of 21.41. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 149.12. The Vehicles & Parts industry median Interest Coverage is 8.30. LCI Industries' value of 9.60 is 15.7% above this industry median. Based on the distribution chart, LCI Industries ranks #557 out of 1066 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, LCI Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LCI Industries' Interest Coverage compare to HOG and PATK?
According to the Vehicles & Parts industry distribution chart, LCI Industries ranks #557 out of 1066 companies for Interest Coverage. This places LCI Industries in the lower half of its industry. The industry median Interest Coverage is 8.30. LCI Industries' value of 9.60 is 15.7% above this benchmark. Historically, LCI Industries' own Interest Coverage has ranged from 3.05 to 149.12 over the past decade. While the company's 10-year median is 21.41 vs. the industry median of 8.30, 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 Interest Coverage for a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LCI Industries's current Interest Coverage of 9.60 is 15.7% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on LCI Industries and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LCI Industries's current Interest Coverage is 9.60, which is 55% below median its own 10-year median of 21.41. 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 $122.56, compared to a current price of $94.14 — trading 23.2% below its estimated fair value. The current Interest Coverage is 9.60, which is 55% below median its 10-year median of 21.41 and 15.7% above the Vehicles & Parts industry median of 8.30. LCI Industries' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For LCI Industries (LCII), the current Interest Coverage is 9.60 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 $94.14 is trading 23.2% below its estimated GF Value™ of $122.56. GuruFocus considers LCI Industries to be Modestly Undervalued.

Key valuation signals for LCII:

  • Interest Coverage: 9.60 (55% below median its 10-year median of 21.41)
  • GF Value™: $122.56 vs. price of $94.14 (23.2% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 15.7% above the Vehicles & Parts median (#557 of 1066)

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.
72GF Score

Get the complete analysis for LCII

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

$94.14
Price
$122.56
GF Value