LYTSNasdaqElectric Lighting & Wiring EquipmentFiscal year ends June 30
LSI INDUSTRIES INC
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Sep 3, 2026
$19.49−0.23 (-1.17%)
Close on Oct 19, 2026
- Market cap
- $734.13M
- P/E (TTM)
- 29.1
- Dividend yield
- 1.03%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
25.1%+0.1 pts over 5 years
Operating margin
5.6%+3.0 pts over 5 years
Net margin
3.3%+1.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +20.2% | +11.5% | +16.9% | +7.9% | |
| Gross profit | +22.3% | +8.2% | +17.0% | +7.6% | |
| Operating income | +7.4% | +1.2% | +36.8% | +10.7% | |
| Net income | -7.4% | -4.3% | +30.9% | +9.1% | |
| EPS, diluted | -15.2% | -8.7% | +26.1% | +6.1% | |
| Free cash flow | +12.6% | -5.6% | +8.6% | +17.3% | |
| Dividend per share | 0.0% | 0.0% | 0.0% | +1.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 1.9% | – | – | |
| Return on assets | 1.3% | 2.6% | 3.7% | |
| Current ratio | 2.36 | 1.76 | 1.97 | |
| Debt to equity | 0.31 | – | – | |
| Net debt to EBITDA | 3.93× | 4.79× | 4.40× | |
| Interest coverage | 5.8× | 28.0× | 6.5× | |
| Inventory turnover | 5.2× | 4.8× | 5.4× | |
| Capex to revenue | 2.0% | 0.7% | 0.7% | |
| Diluted shares | 26M | 27M | 34M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Lsi Industries generated $179.11M from operations and spent $48.33M on capital expenditure, dividends and share buybacks. 40% of that went back into the business.
Generated
$179.11M
Used
$48.33M
Capital expenditure$19.33M40%Dividends$29.00M60%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.3%
×Asset turnover1.46×
×Equity multiplier1.69×
=Return on equity, FY202413.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 5.3% | 1.46× | 1.69× | 13.1% |
| FY2018 | -5.7% | 1.41× | 1.62× | -13.1% |
| FY2017 | 0.9% | 1.47× | 1.43× | 1.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$22.58M
- Cash generatingOperating cash flow above zero$44.15M
- Return on assets improvedROA up on the prior year7.0% → 5.7%
- Earnings backed by cashOperating cash flow above net income$44.15M vs $22.58M
- Less leverageLong-term debt to assets fell11.3% → 29.6%
- Better liquidityCurrent ratio rose1.99 → 1.97
- No dilutionShare count did not rise31M → 34M
- Gross margin improvedGross margin up on the prior year24.73% → 25.15%
- More efficientAsset turnover rose1.64 → 1.74