LCI IndustriesLCII +2.04%72 ROE % is 18.32% as of Mar. 2026, which is 11% below its 10-year median of 20.65. 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 1,308 Vehicles & Parts companies, LCI Industries ranks better than 80.58% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. LCI Industries's annualized net income for the quarter that ended in Mar. 2026 was $252 Mil. LCI Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,374 Mil. Therefore, LCI Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 18.32%.
The historical rank and industry rank for LCI Industries's ROE % or its related term are showing as below:
LCII'
s ROE % Range Over the Past 10 Years
Min: 4.69 Med: 20.65 Max: 31.93
Current: 14.7
During the past 13 years, LCI Industries's highest ROE % was 31.93%. The lowest was 4.69%. And the median was 20.65%.
LCII's ROE % is ranked better than 80.58% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 6.62
vs LCII: 14.70
LCI Industries (NYSE:LCII) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
LCI Industries ROE % Related Terms
LCI Industries ROE % Historical Data
* Premium members only.
The historical data trend for LCI Industries's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's ROE % distribution charts can be found below:
* The bar in red indicates where LCI Industries's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
LCI Industries (LCII) has a ROE % of 18.32% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on LCI Industries and its competitors. This is 11% below median its historical median of 20.65. Over the past decade, LCI Industries' ROE % has ranged from 4.69 to 31.93. According to the industry distribution chart, LCI Industries ranks #254 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 19.4%.
Is LCI Industries' ROE % too high?
LCI Industries' current ROE % of 18.32% is 11% below median its 10-year median of 20.65. Over the past 10 years, this metric has ranged from a low of 4.69 to a high of 31.93. The Vehicles & Parts industry median ROE % is 6.62. LCI Industries' value of 18.32% is 176.7% above this industry median. Based on the distribution chart, LCI Industries ranks #254 out of 1308 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' ROE % compare to HOG and PATK?
According to the Vehicles & Parts industry distribution chart, LCI Industries ranks #254 out of 1308 companies for ROE %. This places LCI Industries in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 6.62. LCI Industries' value of 18.32% is 176.7% above this benchmark. Historically, LCI Industries' own ROE % has ranged from 4.69 to 31.93 over the past decade. While the company's 10-year median is 20.65 vs. the industry median of 6.62, 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 ROE % for a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LCI Industries's current ROE % of 18.32% is 176.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on LCI Industries and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LCI Industries's current ROE % is 18.32%, which is 11% below median its own 10-year median of 20.65. 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 ROE % is 18.32%, which is 11% below median its 10-year median of 20.65 and 176.7% above the Vehicles & Parts industry median of 6.62. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For LCI Industries (LCII), the current ROE % is 18.32% 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:
ROE %: 18.32% (11% below median its 10-year median of 20.65)
GF Value™: $122.56 vs. price of $94.14 (23.2% below fair value)
Industry Position: 176.7% above the Vehicles & Parts median (#254 of 1308)
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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