LCI Industries - Company Profile

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LCI Industries: Segment Analysis

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Business Description

LCI Industries (LCI) is a supplier of engineered components primarily serving the outdoor recreation, transportation, marine, and housing industries. Through its subsidiary, Lippert Components Inc, the company supports original equipment manufacturers (OEMs) and aftermarket needs, with operations spanning North America and Europe. LCI offers a diverse portfolio of products, including chassis and suspension solutions, furniture solutions, window and glass solutions, appliance and kitchen solutions, towing and truck accessories, doors, steps, and awnings, as well as leveling, stabilization, and slide-outs. The company serves OEMs in recreational vehicles (RV), transportation, marine, and housing markets, with major customers such as Thor Industries, Forest River, and Winnebago Industries. Additionally, LCI caters to adjacent industries, including transportation, marine, and housing, with customers including Brunswick Corp, Polaris Inc, and Blue Bird Corp.

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R&D Overview

LCI focuses on developing new products and improving existing ones. The company holds approximately 635 United States and foreign patents and has approximately 175 patent applications pending related to various products it sells. In FY2025, the company spent US$15 million on R&D, which as a percentage of revenue stood at 0.4%.

Business Segments

Overview

Focuses on enhancing the product lifecycle for the RV, transportation, marine, and automotive markets by offering discretionary accessories, replacement parts, and upgrades. Products are sold through retail dealers, wholesale distributors, service centers, and online platforms.

Performance

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Overview

Manufactures and distributes engineered components for leading OEMs in the RV, transportation, marine, and housing markets. Serves North America and Europe, with key customers including Thor Industries, Forest River, and Winnebago Industries.

Performance

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Geographical Segments

Performance

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Performance

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