LCI IndustriesLCII +0.02%72 Return-on-Tangible-Equity is 70.21% as of Mar. 2026, which is 50% above its 10-year median of 46.80. 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 1,285 Vehicles & Parts companies, LCI Industries ranks better than 95.02% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. LCI Industries's annualized net income for the quarter that ended in Mar. 2026 was $252 Mil. LCI Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $359 Mil. Therefore, LCI Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 70.21%.
The historical rank and industry rank for LCI Industries's Return-on-Tangible-Equity or its related term are showing as below:
LCII'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 20.47 Med: 46.8 Max: 921.49
Current: 56.86
During the past 13 years, LCI Industries's highest Return-on-Tangible-Equity was 921.49%. The lowest was 20.47%. And the median was 46.80%.
LCII's Return-on-Tangible-Equity is ranked better than 95.02% of 1285
companies
in the Vehicles & Parts industry
Industry Median: 7.49
vs LCII: 56.86
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
LCI Industries Return-on-Tangible-Equity Related Terms
LCI Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for LCI Industries's Return-on-Tangible-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.
LCII vs HOG, PATK, PII: Return-on-Tangible-Equity Comparison
For the Recreational Vehicles subindustry, LCI Industries's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where LCI Industries's Return-on-Tangible-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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 70.21% mean?
LCI Industries (LCII) has a Return-on-Tangible-Equity of 70.21% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on LCI Industries and its competitors. This is 50% above median its historical median of 46.80. Over the past decade, LCI Industries' Return-on-Tangible-Equity has ranged from 20.47 to 921.49. According to the industry distribution chart, LCI Industries ranks #64 out of 1285 companies in the Vehicles & Parts industry, placing it in the top 5%.
Is LCI Industries' Return-on-Tangible-Equity too high?
LCI Industries' current Return-on-Tangible-Equity of 70.21% is 50% above median its 10-year median of 46.80. Over the past 10 years, this metric has ranged from a low of 20.47 to a high of 921.49. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.49. LCI Industries' value of 70.21% is 837.4% above this industry median. Based on the distribution chart, LCI Industries ranks #64 out of 1285 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. 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' Return-on-Tangible-Equity compare to HOG and PATK?
According to the Vehicles & Parts industry distribution chart, LCI Industries ranks #64 out of 1285 companies for Return-on-Tangible-Equity. This places LCI Industries in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.49. LCI Industries' value of 70.21% is 837.4% above this benchmark. Historically, LCI Industries' own Return-on-Tangible-Equity has ranged from 20.47 to 921.49 over the past decade. While the company's 10-year median is 46.80 vs. the industry median of 7.49, 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 Return-on-Tangible-Equity for a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.49, based on 1,285 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LCI Industries's current Return-on-Tangible-Equity of 70.21% is 837.4% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on LCI Industries and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LCI Industries's current Return-on-Tangible-Equity is 70.21%, which is 50% above median its own 10-year median of 46.80. 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 $95.87 — trading 21.8% below its estimated fair value. The current Return-on-Tangible-Equity is 70.21%, which is 50% above median its 10-year median of 46.80 and 837.4% above the Vehicles & Parts industry median of 7.49. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For LCI Industries (LCII), the current Return-on-Tangible-Equity is 70.21% 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 $95.87 is trading 21.8% below its estimated GF Value™ of $122.56.
GuruFocus considers LCI Industries to be Modestly Undervalued.
Key valuation signals for LCII:
Return-on-Tangible-Equity: 70.21% (50% above median its 10-year median of 46.80)
GF Value™: $122.56 vs. price of $95.87 (21.8% below fair value)
Industry Position: 837.4% above the Vehicles & Parts median (#64 of 1285)
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.
72GF Score
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