Education
About Us
Working with TipRanks
Follow Us
LCI Industries (LCII)
NYSE:LCII
Earnings Data
Report Date
May 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
2.31Last Year’s EPS
2.19Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong operational execution and several clear positives: double-digit organic and acquisition-driven revenue growth, meaningful margin and adjusted EBITDA expansion, improving ROIC, robust cash generation, active capital returns, and a constructive 2026 guide (revenue $4.2–4.3B; operating margin 7.5%–8%). Near-term headwinds include aftermarket margin pressure from material/tariff inflation, investments that depress near-term aftermarket margins, dealer-level caution and weather impacts moderating industry demand, and restructuring/divestiture actions that carry one-time costs and potential revenue reductions. On balance, the company presented more and larger positive developments than negatives, while acknowledging manageable near-term challenges and a pathway to further margin improvement via consolidations, mix, and share gains.Company Guidance
Strong Quarterly and Full-Year Revenue Growth
Consolidated Q4 net sales of $933,000,000, up 16% year-over-year; company commentary also cited ~15% top-line growth in Q4. 2026 revenue guidance of $4.2–$4.3 billion.
OEM Segment Outperformance
OEM net sales increased 18% in Q4 to $737,000,000. RV OEM revenue rose 17% and other OEM end markets grew 21% to $297,000,000 (8% organic). Bus-related content contributed $31,000,000 of YoY growth driven by recent acquisitions (Friedman Seating, TransAir).
Aftermarket Top-Line Expansion and Structural Opportunity
Aftermarket net sales grew 8% YoY in Q4 to $196,000,000. Management highlights a large installed base (~$20B of replaceable content embedded) with ~1.5M RVs entering repair/replace cycle in next 1–3 years and estimates mid-single-digit aftermarket growth in 2026.
Content and Product Innovation Momentum
Total content per unit increased 11% YoY to $5,670 (largest YoY content growth in five years). Five most recent products have ~ $225,000,000 annualized revenue run rate. A/C shipments grew from 50,000 in 2023 to >200,000 in 2025; Sun Deck rollout expected to produce >4,500 units in 2026 at >$4,000 revenue per unit.
Margin Expansion and Profitability Improvements
Q4 consolidated operating margin expanded by 180 basis points to 3.8% (operating profit $35,000,000). Full-year operating margin improved to 6.8%, +100 bps YoY. Adjusted EBITDA grew ~53% to $70,000,000 with a 7.5% margin (+180 bps vs 2024).
Balance Sheet Strength and Cash Generation
Year-end cash and equivalents $223,000,000 (up from $166,000,000). Cash from operations $331,000,000. Net debt $723,000,000 with net debt/adjusted EBITDA ~1.8x and full revolver availability of $595,000,000.
Improved Returns and Capital Allocation
ROIC increased from 5.3% in 2023 to 13.5% in 2025. Returned $243,000,000 to shareholders in 2025 (dividends $114,000,000; buybacks $129,000,000). Ongoing $300,000,000 repurchase program and dividend yield ~3%.
M&A and Operational Scale
Completed strategic acquisitions (including Friedman and TransAir) with integration synergies ahead of plan; 77 acquisitions since 2001. Plans to consolidate 8–10 facilities in 2026 (on top of five in 2025) to drive further cost efficiencies and margin expansion.
Near-Term Growth Opportunity in Auto Aftermarket
Management estimates an early-stage opportunity of approximately $50,000,000 annually from automotive aftermarket share gains tied to competitor (First Brands) bankruptcy; existing capacity can absorb much of the incremental volume.
LCII Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LCII Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 20, 2026 | $145.90 | $147.58 | +1.15% |
Oct 30, 2025 | $89.52 | $94.70 | +5.79% |
Aug 05, 2025 | $93.95 | $94.05 | +0.11% |
May 06, 2025 | $76.10 | $81.11 | +6.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does LCI Industries (LCII) report earnings?
LCI Industries (LCII) is schdueled to report earning on May 12, 2026, Before Open (Confirmed).
What is LCI Industries (LCII) earnings time?
LCI Industries (LCII) earnings time is at May 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LCII EPS forecast?
LCII EPS forecast for the fiscal quarter 2026 (Q1) is 2.31.