LSI Industries Inc. (LYTS) Key Metrics
LYTS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $735.6M
- Enterprise value
- $1.05B
- P/E (TTM)
- 29.4 10-yr median 19.7
- Forward P/E
- 19.2
- PEG ratio
- 0.40
- Price / sales
- 1.1 10-yr median 0.7
- Price / book
- 2.1 10-yr median 1.6
- EV / EBITDA
- 19.4 10-yr median 11.6
- Dividend yield
- 1.01% $0.20 a year
- Beta
- 0.48
LYTS key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsLYTS valuation Price multiples at each fiscal year-end price.
LYTS returns How much profit the business earns on the capital it uses.
LYTS per-share figures Results divided by the shares outstanding at year-end.
LYTS financial health Debt, liquidity and how easily interest is covered.
LYTS efficiency & capital use Working capital cycle and where the cash goes.
LYTS valuation history
LYTS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LYTS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LYTS cash returned to shareholders
LYTS price vs earnings per share
LYTS key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $895.9M | $524.5M | $435.1M | $368.2M | $172.7M | $219.8M | $171.3M | $95.3M | $138.1M | $235.2M |
| Enterprise value | $1.19B | $587.6M | $503.0M | $412.3M | $260.9M | $287.4M | $179.2M | $133.9M | $180.3M | $281.9M |
| P/E ratio | 39.7 | 21.5 | 17.4 | 14.3 | 11.5 | 37.5 | 17.9 | — | — | 78.4 |
| Price / sales | 1.3 | 0.9 | 0.9 | 0.7 | 0.4 | 0.7 | 0.6 | 0.3 | 0.4 | 0.7 |
| Price / book | 2.5 | 2.3 | 2.1 | 2.1 | 1.2 | 1.7 | 1.4 | 0.8 | 1.0 | 1.5 |
| Price / free cash flow | 23.0 | 15.1 | 11.4 | 7.9 | — | 8.5 | 6.4 | 10.7 | 17.1 | 16.3 |
| Price / operating cash flow | 20.3 | 13.8 | 10.0 | 7.4 | — | 7.8 | 5.8 | 8.3 | 12.0 | 11.2 |
| EV / sales | 1.7 | 1.0 | 1.1 | 0.8 | 0.6 | 0.9 | 0.6 | 0.4 | 0.5 | 0.9 |
| EV / EBITDA | 31.8 | 12.1 | 11.1 | 8.8 | 8.4 | 17.6 | 8.4 | — | — | 23.6 |
| EV / free cash flow | 30.5 | 17.0 | 13.2 | 8.9 | — | 11.1 | 6.6 | 15.1 | 22.3 | 19.6 |
| Earnings yield | 2.5% | 4.6% | 5.7% | 7.0% | 8.7% | 2.7% | 5.6% | −17.1% | −14.1% | 1.3% |
| Free cash flow yield | 4.4% | 6.6% | 8.7% | 12.6% | −3.5% | 11.7% | 15.7% | 9.3% | 5.9% | 6.1% |
| Dividend yield | 0.7% | 1.1% | 1.3% | 1.5% | 3.1% | 2.4% | 3.1% | 5.4% | 3.7% | 2.1% |
| Shareholder yield (dividends + buybacks) | 0.7% | 1.1% | 1.3% | 1.7% | 3.1% | 2.4% | 3.1% | 5.6% | 3.8% | 2.4% |
| Share price at fiscal year-end | $26.58 | $17.01 | $14.47 | $12.56 | $6.17 | $8.01 | $6.47 | $3.65 | $5.34 | $9.05 |
| Per share | ||||||||||
| Revenue per share | $20.45 | $18.60 | $15.62 | $16.95 | $16.26 | $11.50 | $11.54 | $12.60 | $13.22 | $12.75 |
| Earnings per share | $0.67 | $0.79 | $0.83 | $0.88 | $0.54 | $0.21 | $0.36 | −$0.63 | −$0.76 | $0.12 |
| Operating cash flow per share | $1.31 | $1.24 | $1.44 | $1.69 | −$0.14 | $1.02 | $1.12 | $0.44 | $0.44 | $0.81 |
| Free cash flow per share | $1.16 | $1.12 | $1.26 | $1.58 | −$0.21 | $0.94 | $1.02 | $0.34 | $0.31 | $0.55 |
| Cash per share | $0.42 | $0.11 | $0.14 | $0.06 | $0.09 | $0.08 | $0.13 | $0.04 | $0.12 | $0.12 |
| Book value per share | $10.70 | $7.48 | $6.80 | $6.06 | $5.28 | $4.78 | $4.75 | $4.59 | $5.38 | $6.16 |
| Tangible book value per share | −$1.80 | $2.85 | $2.43 | $2.37 | $1.24 | $0.53 | $3.22 | $2.95 | $2.83 | $2.44 |
| Dividends per share | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.20 | $0.20 | $0.20 | $0.19 |
| Capex per share | $0.15 | $0.11 | $0.18 | $0.11 | $0.08 | $0.08 | $0.10 | $0.10 | $0.13 | $0.26 |
| Debt per share | $9.10 | $2.16 | $2.40 | $1.57 | $3.24 | $2.55 | $0.43 | $1.51 | $1.75 | $1.91 |
| Shares outstanding | 33.7M | 30.8M | 30.1M | 29.3M | 28.0M | 27.4M | 26.5M | 26.1M | 25.9M | 26.0M |
| Change in shares outstanding | +9.3% | +2.5% | +2.6% | +4.7% | +2.0% | +3.7% | +1.4% | +0.9% | −0.5% | +1.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.6% | 11.2% | 13.1% | 15.8% | 10.8% | 4.6% | 7.8% | −12.6% | −13.1% | 1.9% |
| Return on invested capital (ROIC) | 5.8% | 9.3% | 10.9% | 12.5% | 7.7% | 3.6% | 7.3% | −4.2% | −8.8% | 2.1% |
| Return on assets (ROA) | 3.7% | 6.5% | 7.7% | 8.5% | 5.0% | 2.6% | 5.1% | −7.6% | −8.0% | 1.3% |
| Return on tangible assets | 5.5% | 9.6% | 11.5% | 13.7% | 7.6% | 3.4% | 7.3% | −10.3% | −11.9% | 1.9% |
| Free cash flow margin | 5.7% | 6.0% | 8.1% | 9.3% | −1.3% | 8.2% | 8.8% | 2.7% | 2.4% | 4.3% |
| Income quality (OCF / net income) | 1.96 | 1.56 | 1.74 | 1.92 | −0.26 | 4.77 | 3.10 | — | — | 7.01 |
| Financial health | ||||||||||
| Total debt | $306.7M | $66.6M | $72.0M | $46.0M | $90.6M | $69.9M | $11.4M | $39.5M | $45.4M | $49.7M |
| Cash & short-term investments | $14.2M | $3.5M | $4.1M | $1.8M | $2.5M | $2.3M | $3.5M | $966,000 | $3.2M | $3.0M |
| Net debt | $292.5M | $63.2M | $67.9M | $44.1M | $88.2M | $67.6M | $7.9M | $38.6M | $42.2M | $46.7M |
| Debt / equity | 0.85 | 0.29 | 0.35 | 0.26 | 0.61 | 0.53 | 0.09 | 0.33 | 0.33 | 0.31 |
| Debt / assets | 0.37 | 0.17 | 0.21 | 0.16 | 0.29 | 0.24 | 0.07 | 0.20 | 0.20 | 0.19 |
| Net debt / EBITDA | 7.82 | 1.30 | 1.50 | 0.95 | 2.83 | 4.14 | 0.37 | — | — | 3.90 |
| Current ratio | 1.97 | 1.99 | 2.05 | 1.96 | 2.06 | 1.76 | 2.48 | 2.78 | 2.61 | 2.36 |
| Quick ratio | 1.22 | 1.17 | 1.16 | 1.13 | 1.10 | 0.93 | 1.36 | 1.69 | 1.40 | 1.26 |
| Interest coverage | 6.5 | 11.4 | 16.5 | 10.0 | 10.8 | 28.0 | 15.0 | -4.0 | -12.6 | 5.8 |
| Working capital | $146.0M | $96.8M | $83.3M | $73.3M | $81.8M | $54.1M | $51.2M | $71.1M | $67.9M | $61.7M |
| Invested capital | $653.2M | $293.9M | $272.3M | $221.7M | $235.9M | $198.8M | $133.6M | $158.5M | $181.4M | $206.7M |
| Tangible asset value | −$60.6M | $87.9M | $73.0M | $69.3M | $34.8M | $14.6M | $85.4M | $76.9M | $73.3M | $63.4M |
| Net current asset value | −$173.3M | $28.5M | $18.1M | $31.3M | −$4.4M | −$30.6M | $39.3M | $29.8M | $19.8M | $10.5M |
| Graham number | $12.70 | $11.54 | $11.27 | $10.94 | $7.99 | $4.80 | $6.22 | — | — | $4.00 |
| Graham net-net per share | −$8.33 | −$1.43 | −$1.45 | −$0.83 | −$2.31 | −$2.90 | $0.26 | −$0.64 | −$0.86 | −$1.21 |
| Capital allocation | ||||||||||
| Dividends paid | $6.5M | $6.0M | $5.7M | $5.4M | $5.3M | $5.3M | $5.3M | $5.2M | $5.2M | $5.0M |
| Share buybacks (net) | — | — | — | $896,000 | $0 | $0 | $0 | $114,000 | $107,000 | $494,000 |
| Dividend payout ratio | 28.6% | 24.5% | 23.0% | 21.1% | 35.4% | 90.1% | 55.0% | — | — | 168.3% |
| Dividends + buybacks / free cash flow | 16.6% | 17.2% | 15.1% | 13.7% | — | 20.5% | 19.6% | 59.7% | 65.0% | 38.5% |
| Capex / revenue | 0.7% | 0.6% | 1.1% | 0.6% | 0.5% | 0.7% | 0.9% | 0.8% | 1.0% | 2.0% |
| Capex / operating cash flow | 11.6% | 9.1% | 12.4% | 6.5% | — | 8.0% | 9.2% | 22.8% | 29.6% | 31.5% |
| Capex / depreciation | 0.31 | 0.28 | 0.54 | 0.33 | 0.21 | 0.28 | 0.32 | 0.26 | 0.33 | 0.80 |
| Stock-based compensation / revenue | 0.6% | 0.9% | 0.9% | 1.2% | 1.5% | 1.1% | 0.4% | 0.3% | 0.9% | 0.9% |
| R&D / revenue | — | 0.6% | 0.7% | 0.7% | 0.8% | 1.2% | 1.2% | 1.6% | 1.7% | 1.7% |
| SG&A / revenue | 19.6% | 17.3% | 20.8% | 0.2% | 19.3% | 22.5% | 22.5% | 0.1% | 0.9% | 23.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 69.3 | 59.3 | 63.2 | 58.6 | 55.2 | 57.6 | 57.5 | 59.9 | 54.5 | 53.2 |
| Days of inventory on hand | 67.9 | 63.7 | 73.0 | 70.0 | 70.4 | 75.3 | 64.7 | 67.6 | 72.9 | 68.9 |
| Days payables outstanding | 42.6 | 34.1 | 33.3 | 32.4 | 35.7 | 36.4 | 25.9 | 26.2 | 26.9 | 24.3 |
| Cash conversion cycle (days) | 94.7 | 88.9 | 102.9 | 96.2 | 89.8 | 96.5 | 96.3 | 101.4 | 100.5 | 97.8 |
| Receivables turnover | 5.26 | 6.16 | 5.78 | 6.23 | 6.61 | 6.34 | 6.35 | 6.09 | 6.70 | 6.86 |
| Payables turnover | 8.56 | 10.69 | 10.96 | 11.25 | 10.21 | 10.03 | 14.11 | 13.95 | 13.56 | 15.01 |
| Inventory turnover | 5.37 | 5.73 | 5.00 | 5.21 | 5.19 | 4.84 | 5.64 | 5.40 | 5.01 | 5.30 |
| Asset turnover | 1.12 | 1.54 | 1.46 | 1.64 | 1.52 | 1.37 | 1.64 | 1.53 | 1.41 | 1.47 |
| Average receivables | $131.0M | $93.1M | $81.3M | $79.8M | $68.9M | $49.8M | $48.1M | $54.0M | $51.0M | $48.3M |
| Average payables | $60.3M | $40.4M | $30.7M | $32.0M | $33.9M | $23.6M | $16.4M | $18.3M | $18.6M | $16.6M |
| Average inventory | $96.1M | $75.4M | $67.3M | $69.1M | $66.7M | $48.8M | $41.1M | $47.3M | $50.5M | $47.1M |
| Intangibles / total assets | 50.8% | 36.0% | 37.6% | 36.5% | 36.3% | 40.6% | 23.4% | 21.4% | 28.7% | 37.7% |
Computed from LYTS's annual financial statements (latest annual report filed September 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
LYTS valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), LSI Industries traded at 39.7 times earnings, against a 10-year median of 19.7. Based on the latest twelve months, the trailing P/E is 29.4 and the forward P/E is 19.2. LSI Industries earned a return on equity of 7.6% and a return on invested capital of 5.8% in fiscal 2026. It ended the year with $306.7 million of debt and $14.2 million in cash and short-term investments, net debt of $292.5 million. It returned $6.5 million to shareholders: $6.5 million in dividends and $0 in share buybacks, 17% of free cash flow. The share count rose 29.7% from 26.0M to 33.7M over 9 years.
See the LYTS income statement, the LYTS chart for price history, or the LYTS stock overview for the latest quote and news.
LYTS key metrics FAQ
What is LSI Industries's P/E ratio?
LSI Industries's trailing P/E ratio is 29.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 19.2. At the end of fiscal 2026 it was 39.7, compared with a 10-year median of 19.7.
What is LSI Industries's EV/EBITDA?
LSI Industries's enterprise value was 31.8 times EBITDA at the end of fiscal 2026 (enterprise value $1.2 billion, EBITDA $37.4 million); the current EV/EBITDA is 19.4.
What is LSI Industries's return on equity?
LSI Industries's return on equity (ROE) was 7.6% in fiscal 2026: net income of $22.6 million on average shareholders' equity of $295.7 million.
What is LSI Industries's ROIC?
LSI Industries's return on invested capital was 5.8% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does LSI Industries have?
LSI Industries had total debt of $306.7 million at the end of fiscal 2026, a debt-to-equity ratio of 0.85 and $292.5 million of net debt (7.82 times EBITDA).
What is LSI Industries's dividend yield?
LSI Industries's forward dividend yield is 1.01%. LSI Industries paid $6.5 million in dividends in fiscal 2026 ($0.19 per share), a payout ratio of 28.6%.
What is LSI Industries's free cash flow yield?
LSI Industries generated $39.0 million of free cash flow in fiscal 2026, a free cash flow yield of 4.4% on its market value at year-end ($895.9 million).
What is LSI Industries's current ratio?
LSI Industries's current ratio was 1.97 at the end of fiscal 2026: current assets were 1.97 times current liabilities.