LCI Industries posts investor presentation outlining RV, transportation, marine, housing and aftermarket growth strategy
LCII•LCII•LCII•LCII•LCI Industries outlined a diversified growth strategy spanning RV, transportation, marine, housing and aftermarket, with a greater push into repair and upgrade parts.
For 2025, net sales were $4.1 billion; adjusted EBITDA was $408 million; operating cash flow was $331 million; and net debt to adjusted EBITDA was 1.8x.
The 2025 revenue mix was: RV $1.9 billion (47%); transportation $771 million (19%); aftermarket $932 million (23%).
The company is targeting a 2026 operating margin of 7.5%–8% and a steady-state target of 10%, supported by consolidation, overhead cuts, automation, and mix shift.
The presentation also highlighted shareholder returns in 2025, including $4.60 per share in dividends and $129 million in share repurchases.
