LCII (LCI Industries) Dividend Payout Ratio: 0.46 (As of Mar. 2026) — 10% Above 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 Dividend Payout Ratio?

LCI Industries LCII +2.04% 72 Dividend Payout Ratio is 0.46 as of Mar. 2026, which is 10% above its 10-year median of 0.42. 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 776 Vehicles & Parts companies, LCI Industries ranks worse than 71.91% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. LCI Industries's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.46.

The historical rank and industry rank for LCI Industries's Dividend Payout Ratio or its related term are showing as below:

LCII' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.42   Max: 1.67
Current: 0.59


During the past 13 years, the highest Dividend Payout Ratio of LCI Industries was 1.67. The lowest was 0.26. And the median was 0.42.

LCII's Dividend Payout Ratio is ranked worse than
71.91% of 776 companies
in the Vehicles & Parts industry
Industry Median: 0.36 vs LCII: 0.59

As of today (2026-06-24), the Dividend Yield % of LCI Industries is 4.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of LCI Industries was 5.69%. The lowest was 0.59%. And the median was 2.86%.

LCI Industries's Dividends per Share for the months ended in Mar. 2026 was $1.15.

During the past 12 months, LCI Industries's average Dividends Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of LCI Industries was 22.10% per year. The lowest was 4.30% per year. And the median was 13.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


LCI Industries (NYSE:LCII) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


LCI Industries Dividend Payout Ratio Related Terms


LCI Industries Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for LCI Industries's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

LCI Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.26 1.67 0.77 0.62

LCI Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio 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 0.53 0.48 0.58 1.29 0.46

LCII vs HOG, PATK, PII: Dividend Payout Ratio Comparison

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

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

* The bar in red indicates where LCI Industries's Dividend Payout Ratio falls into.


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

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

LCI Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=4.6/ 7.46
=0.62

LCI Industries's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=1.15/ 2.53
=0.45

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.46 mean?
LCI Industries (LCII) has a Dividend Payout Ratio of 0.46 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on LCI Industries and its competitors. This is 10% above median its historical median of 0.42. Over the past decade, LCI Industries' Dividend Payout Ratio has ranged from 0.26 to 1.67. According to the industry distribution chart, LCI Industries ranks #558 out of 776 companies in the Vehicles & Parts industry, placing it in the top 71.9%.
Is LCI Industries' Dividend Payout Ratio too high?
LCI Industries' current Dividend Payout Ratio of 0.46 is 10% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.67. The Vehicles & Parts industry median Dividend Payout Ratio is 0.36. LCI Industries' value of 0.46 is 27.8% above this industry median. Based on the distribution chart, LCI Industries ranks #558 out of 776 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' Dividend Payout Ratio compare to HOG and PATK?
According to the Vehicles & Parts industry distribution chart, LCI Industries ranks #558 out of 776 companies for Dividend Payout Ratio. This places LCI Industries in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. LCI Industries' value of 0.46 is 27.8% above this benchmark. Historically, LCI Industries' own Dividend Payout Ratio has ranged from 0.26 to 1.67 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.36, 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 Dividend Payout Ratio for a Vehicles & Parts company?
The median Dividend Payout Ratio among Vehicles & Parts companies is 0.36, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LCI Industries's current Dividend Payout Ratio of 0.46 is 27.8% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on LCI Industries and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LCI Industries's current Dividend Payout Ratio is 0.46, which is 10% above median its own 10-year median of 0.42. 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 Dividend Payout Ratio is 0.46, which is 10% above median its 10-year median of 0.42 and 27.8% above the Vehicles & Parts industry median of 0.36. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For LCI Industries (LCII), the current Dividend Payout Ratio is 0.46 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:

  • Dividend Payout Ratio: 0.46 (10% above median its 10-year median of 0.42)
  • GF Value™: $122.56 vs. price of $94.14 (23.2% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 27.8% above the Vehicles & Parts median (#558 of 776)

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

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

$94.14
Price
$122.56
GF Value