LCI IndustriesLCII +2.04%72 ROA % is 7.88% as of Mar. 2026, which is 20% below its 10-year median of 9.87. 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 1,336 Vehicles & Parts companies, LCI Industries ranks better than 75.45% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. LCI Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was $252 Mil.
LCI Industries's average Total Assets over the quarter that ended in Mar. 2026 was $3,196 Mil. Therefore, LCI Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 7.88%.
The historical rank and industry rank for LCI Industries's ROA % or its related term are showing as below:
LCII'
s ROA % Range Over the Past 10 Years
Min: 2.07 Med: 9.87 Max: 18.4
Current: 6.37
During the past 13 years, LCI Industries's highest ROA % was 18.40%. The lowest was 2.07%. And the median was 9.87%.
LCII's ROA % is ranked better than 75.45% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs LCII: 6.37
LCI Industries (NYSE:LCII) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
LCI Industries ROA % Related Terms
LCI Industries ROA % Historical Data
* Premium members only.
The historical data trend for LCI Industries's ROA % 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.
For the Recreational Vehicles subindustry, LCI Industries's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's ROA % distribution charts can be found below:
* The bar in red indicates where LCI Industries's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
LCI Industries (LCII) has a ROA % of 7.88% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on LCI Industries and its competitors. This is 20% below median its historical median of 9.87. Over the past decade, LCI Industries' ROA % has ranged from 2.07 to 18.40. According to the industry distribution chart, LCI Industries ranks #328 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 24.6%.
Is LCI Industries' ROA % too high?
LCI Industries' current ROA % of 7.88% is 20% below median its 10-year median of 9.87. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 18.40. The Vehicles & Parts industry median ROA % is 2.95. LCI Industries' value of 7.88% is 167.1% above this industry median. Based on the distribution chart, LCI Industries ranks #328 out of 1336 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' ROA % compare to HOG and PATK?
According to the Vehicles & Parts industry distribution chart, LCI Industries ranks #328 out of 1336 companies for ROA %. This places LCI Industries in the top 25% of its industry — outperforming the majority of peers. The industry median ROA % is 2.95. LCI Industries' value of 7.88% is 167.1% above this benchmark. Historically, LCI Industries' own ROA % has ranged from 2.07 to 18.40 over the past decade. While the company's 10-year median is 9.87 vs. the industry median of 2.95, 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 ROA % for a Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,336 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LCI Industries's current ROA % of 7.88% is 167.1% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on LCI Industries and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LCI Industries's current ROA % is 7.88%, which is 20% below median its own 10-year median of 9.87. 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 ROA % is 7.88%, which is 20% below median its 10-year median of 9.87 and 167.1% above the Vehicles & Parts industry median of 2.95. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For LCI Industries (LCII), the current ROA % is 7.88% 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:
ROA %: 7.88% (20% below median its 10-year median of 9.87)
GF Value™: $122.56 vs. price of $94.14 (23.2% below fair value)
Industry Position: 167.1% above the Vehicles & Parts median (#328 of 1336)
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
Get the complete analysis for LCII
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LCII has been successfully added to your 
