LSI Industries Inc. (LYTS) Financial Ratios
30 years of historical data (1996–2025) · Technology · Hardware, Equipment & Parts
EV/EBITDA
↓
18.44
↑+56% vs avg
5yr avg: 11.79
30Y Low4.0·High24.2
P/FCF
↑
23.90
↑+122% vs avg
5yr avg: 10.76
30Y Low6.4·High154.2
P/B Ratio
↑
3.55
↑+91% vs avg
5yr avg: 1.86
30Y Low0.8·High2.7
ROE
↑
11.2%
↓+1% vs avg
5yr avg: 11.1%
30Y Low-13%·High19%
Debt/EBITDA
↓
1.38
↓-42% vs avg
5yr avg: 2.39
30Y Low0.0·High35.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
LYTS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
LSI Industries Inc. trades at 33.7x earnings, 64% above its 5-year average of 20.6x, sitting at the 75th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 16%. On a free-cash-flow basis, the stock trades at 23.9x P/FCF, 122% above the 5-year average of 10.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $828M | $524M | $435M | $368M | $173M | $220M | $171M | $95M | $138M | $235M | $283M |
| Enterprise Value | $891M | $588M | $503M | $412M | $261M | $300M | $179M | $134M | $180M | $282M | $249M |
| P/E Ratio → | 33.67 | 21.53 | 17.43 | 14.27 | 11.43 | 38.14 | 17.97 | — | — | 75.42 | 29.92 |
| P/S Ratio | 1.44 | 0.91 | 0.93 | 0.74 | 0.38 | 0.70 | 0.56 | 0.29 | 0.40 | 0.71 | 0.88 |
| P/B Ratio | 3.55 | 2.27 | 2.13 | 2.07 | 1.17 | 1.68 | 1.36 | 0.79 | 0.99 | 1.47 | 1.82 |
| P/FCF | 23.90 | 15.13 | 11.45 | 7.94 | — | 8.53 | 6.35 | 10.74 | 17.07 | 16.33 | 37.40 |
| P/OCF | 21.73 | 13.76 | 10.03 | 7.43 | — | 7.85 | 5.76 | 8.29 | 12.01 | 11.18 | 15.93 |
P/E links to full P/E history page with 30-year chart
LYTS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
LSI Industries Inc.'s enterprise value stands at 18.4x EBITDA, 56% above its 5-year average of 11.8x. The Technology sector median is 16.7x, placing the stock at a 11% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.02 | 1.07 | 0.83 | 0.57 | 0.95 | 0.59 | 0.41 | 0.53 | 0.85 | 0.77 |
| EV / EBITDA | 18.44 | 12.16 | 11.05 | 8.83 | 8.33 | 18.57 | 8.24 | 121.04 | — | 23.74 | 12.09 |
| EV / EBIT | 24.92 | 16.25 | 14.27 | 11.14 | 12.39 | 36.55 | 14.26 | — | — | 76.18 | 17.77 |
| EV / FCF | — | 16.96 | 13.24 | 8.89 | — | 11.63 | 6.64 | 15.09 | 22.28 | 19.57 | 32.94 |
LYTS Profitability
Margins and return-on-capital ratios measuring operating efficiency
LSI Industries Inc. earns an operating margin of 6.2%. Operating margins have compressed from 7.5% to 6.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 11.2% is modest. ROIC of 9.5% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.7% | 24.7% | 28.4% | 27.6% | 24.0% | 25.0% | 24.1% | 22.4% | 26.1% | 24.7% | 26.0% |
| Operating Margin | 6.2% | 6.2% | 7.6% | 7.5% | 4.7% | 2.5% | 4.3% | -2.8% | -6.3% | 1.1% | 4.3% |
| Net Profit Margin | 4.3% | 4.3% | 5.3% | 5.2% | 3.3% | 1.9% | 3.1% | -5.0% | -5.7% | 0.9% | 2.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.2% | 11.2% | 13.1% | 15.8% | 10.8% | 4.6% | 7.8% | -12.6% | -13.1% | 1.9% | 6.4% |
| ROA | 6.5% | 6.5% | 7.7% | 8.5% | 5.0% | 2.6% | 5.1% | -7.6% | -8.0% | 1.3% | 5.0% |
| ROIC | 9.5% | 9.5% | 10.8% | 12.1% | 7.1% | 3.5% | 6.7% | -4.0% | -8.4% | 1.6% | 8.8% |
| ROCE | 12.6% | 12.6% | 14.5% | 16.3% | 9.4% | 4.5% | 8.8% | -5.2% | -10.9% | 2.0% | 9.2% |
LYTS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
LSI Industries Inc. carries a Debt/EBITDA ratio of 1.4x, which is manageable (53% below the sector average of 2.9x). Net debt stands at $63M ($67M total debt minus $3M cash). Interest coverage of 11.6x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.29 | 0.29 | 0.35 | 0.26 | 0.61 | 0.63 | 0.09 | 0.33 | 0.33 | 0.31 | — |
| Debt / EBITDA | 1.38 | 1.38 | 1.58 | 0.98 | 2.89 | 5.10 | 0.52 | 35.75 | — | 4.19 | — |
| Net Debt / Equity | — | 0.27 | 0.33 | 0.25 | 0.60 | 0.61 | 0.06 | 0.32 | 0.30 | 0.29 | -0.22 |
| Net Debt / EBITDA | 1.31 | 1.31 | 1.49 | 0.95 | 2.82 | 4.96 | 0.36 | 34.88 | — | 3.93 | -1.64 |
| Debt / FCF | — | 1.82 | 1.79 | 0.95 | — | 3.10 | 0.29 | 4.35 | 5.21 | 3.24 | -4.47 |
| Interest Coverage | 11.56 | 11.56 | 16.35 | 10.04 | 10.70 | 28.58 | 14.39 | -8.78 | -12.57 | 5.97 | 390.00 |
LYTS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.99x means LSI Industries Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.99 | 1.99 | 2.05 | 1.96 | 2.06 | 1.76 | 2.48 | 2.78 | 2.61 | 2.36 | 3.26 |
| Quick Ratio | 1.99 | 1.99 | 1.16 | 1.13 | 1.10 | 0.93 | 1.36 | 1.69 | 1.40 | 1.26 | 2.13 |
| Cash Ratio | 0.04 | 0.04 | 0.05 | 0.02 | 0.03 | 0.03 | 0.10 | 0.02 | 0.08 | 0.07 | 0.86 |
| Asset Turnover | — | 1.45 | 1.35 | 1.68 | 1.46 | 1.10 | 1.77 | 1.64 | 1.49 | 1.29 | 1.65 |
| Inventory Turnover | — | — | 4.74 | 5.65 | 4.65 | 4.01 | 5.99 | 5.86 | 4.96 | 4.99 | 5.40 |
| Days Sales Outstanding | — | 66.43 | 63.59 | 59.34 | 63.19 | 68.19 | 48.51 | 61.72 | 55.91 | 54.69 | 53.22 |
LYTS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
LSI Industries Inc. returns 0.7% to shareholders annually primarily through dividends. The payout ratio of 24.5% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 3.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.7% | 1.1% | 1.3% | 1.5% | 3.1% | 2.4% | 3.1% | 5.4% | 3.7% | 2.1% | 1.5% |
| Payout Ratio | 24.5% | 24.5% | 23.0% | 21.1% | 35.4% | 90.1% | 55.0% | — | — | 168.3% | 44.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.0% | 4.6% | 5.7% | 7.0% | 8.8% | 2.6% | 5.6% | — | — | 1.3% | 3.3% |
| FCF Yield | 4.2% | 6.6% | 8.7% | 12.6% | — | 11.7% | 15.7% | 9.3% | 5.9% | 6.1% | 2.7% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.2% | 0.1% |
| Total Shareholder Yield | 0.7% | 1.1% | 1.3% | 1.5% | 3.1% | 2.4% | 3.1% | 5.6% | 3.8% | 2.4% | 1.6% |
| Shares Outstanding | — | $31M | $30M | $29M | $28M | $27M | $26M | $26M | $26M | $26M | $26M |
Peer Comparison
Compare LYTS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 LYTSYou | $828M | 33.7 | 18.4 | 23.9 | 24.7% | 6.2% | 11.2% | 9.5% | 1.4 |
 ACCO | $360M | 8.9 | 6.7 | 7.1 | 29.8% | 7.1% | 6.5% | 5.5% | 5.1 |
 APOG | $888M | 16.4 | 24.1 | 9.3 | 22.7% | 6.0% | 10.8% | 8.1% | 6.1 |
 IIIN | $565M | 13.9 | 7.3 | 29.8 | 14.4% | 8.4% | 11.4% | 14.1% | 0.1 |
 NX | $781M | -3.1 | — | 7.6 | 27.2% | -10.6% | -28.9% | -8.8% | — |
 HUBB | $28B | 31.7 | 22.0 | 31.8 | 35.5% | 20.8% | 24.8% | 17.1% | 1.9 |
 AYI | $10B | 25.3 | 14.2 | 18.3 | 47.8% | 13.7% | 15.5% | 16.4% | 1.4 |
 LSCC | $21B | 6893.3 | 364.7 | 158.9 | 68.2% | 2.9% | 0.4% | 1.8% | 1.4 |
 RVLV | $2B | 25.3 | 16.4 | 32.4 | 53.5% | 6.1% | 13.0% | 23.5% | 0.4 |
 EFOI | $20M | -17.4 | — | — | 17.8% | -29.3% | -29.2% | -26.1% | — |
 ON | $48B | 419.4 | 34.2 | 33.6 | 32.3% | 12.5% | 1.5% | 6.1% | 2.4 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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LYTS — Frequently Asked Questions
Quick answers to the most common questions about buying LYTS stock.
What is LSI Industries Inc.'s P/E ratio?
LSI Industries Inc.'s current P/E ratio is 33.7x. The historical average is 34.7x. This places it at the 75th percentile of its historical range.
What is LSI Industries Inc.'s EV/EBITDA?
LSI Industries Inc.'s current EV/EBITDA is 18.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.7x.
What is LSI Industries Inc.'s ROE?
LSI Industries Inc.'s return on equity (ROE) is 11.2%. The historical average is 5.8%.
Is LYTS stock overvalued?
Based on historical data, LSI Industries Inc. is trading at a P/E of 33.7x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is LSI Industries Inc.'s dividend yield?
LSI Industries Inc.'s current dividend yield is 0.73% with a payout ratio of 24.5%.
What are LSI Industries Inc.'s profit margins?
LSI Industries Inc. has 24.7% gross margin and 6.2% operating margin.
How much debt does LSI Industries Inc. have?
LSI Industries Inc.'s Debt/EBITDA ratio is 1.4x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.