LSI Industries Inc. (LYTS) is a Industrials stock trading at $20.61 (as of 2026-08-20), with a market capitalization of $756.64M and a trailing P/E of 38.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
LSI Industries Inc. manufactures and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, Australia, and Latin America. It operates in two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting solutions. It also offers lighting control products, including sensors, photocontrols, dimmers, motion detection, and Bluetooth systems to support lighting fixtures; and designs, engineers, and manufactures electronic circuit boards, assemblies, and sub-assemblies. The Display Solutions segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed and structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements. Its products comprise signage and canopy graphics, pump dispenser graphics, building fascia graphics, decals, interior signage and marketing graphics, aisle markers, wall mural graphics, and refrigerated and non-refrigerated merchandising displays. This segment also implements, installs, and provides program management services, such as installation management, site surveys, permitting, and content management; and manages and executes the implementation of large rollout programs. It serves petroleum/convenience, parking lot and garage, quick-service restaurant, retail and grocery store, automotive, warehouse, and sports complex markets. The company was founded in 1976 and is headquartered in Cincinnati, Ohio.
LSI Industries makes and sells non-residential lighting and retail display solutions, including lighting fixtures and lighting control electronics, and retail display products sold as commercial projects and products to customers.
Profitability depends on converting an active order book into delivered sales across Lighting and Display Solutions, as indicated by Book-to-Bill ratios near 1.0, while project execution and pricing discipline keep operating margins from compressing.
| Lighting | $0.1B |
| Display Solutions | $0.1B |
| Other | $0.0B |
Business quality (Weak): Demand appears relatively stable based on Book-to-Bill ratios around 1, but profitability is thin, so results are likely sensitive to timing of projects and operating execution.
Valuation: At 36× earnings, LYTS trades in line with the Electrical Equipment average (35×). Note: one-time items can distort reported P/E.
| Price | $20.61 |
| Market Cap | $756.64M |
| P/E Ratio | 38.6 |
| EV / EBITDA | 23.4 |
| Price / Book | 2.14 |
| Price / Sales | 1.29 |
| Dividend Yield | 0.8% |
| FCF Yield | 10.3% |
| DCF Value (model) | $8.96 |
| DCF Upside vs Price | -56.5% |
| Revenue (TTM) | $573.38M |
| Net Margin | 4.3% |
| Return on Equity | 6.8% |
| Debt / Equity | 0.74 |
| Current Ratio | 1.48 |
| Revenue Growth (YoY) | 13.6% |
| EPS Growth (YoY) | -53.8% |
| FCF Growth (YoY) | 12.0% |
| Altman Z-Score | 4.55 (safe) |
| Piotroski F-Score | 5/9 (moderate) |
| Stock P/E | 38.6 |
| Sector P/E (Industrials) | 25.9 |
| Industry P/E (Electrical Equipment) | 37.8 |
| vs Sector | 49.2% |
| vs Industry | 2.2% |
| Top Institutional Holder | SYSTEMATIC FINANCIAL MANAGEMENT LP ($46.56M) |
| Institutional Holders Tracked | 10 |
| Sector | Industrials |
| Industry | Electrical Equipment |
| CEO | James A. Clark |
| Employees | 2,000 |
| Country | US |
| IPO Date | 1985-03-12 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.