LSI Industries (LYTS) Financials

$15.62 -0.05 (-0.32%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$16.66 +1.04 (+6.66%)

As of 05/23/2025 06:34 PM Eastern

Annual Income Statements for LSI Industries

This table shows LSI Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	6/30/2024	6/30/2023	6/30/2022
Net Income / (Loss) Attributable to Common Shareholders	25	26	15
Consolidated Net Income / (Loss)	25	26	15
Net Income / (Loss) Continuing Operations	25	26	15
Total Pre-Tax Income	33	33	19
Total Operating Income	36	37	21
Total Gross Profit	133	137	109
Total Revenue	470	497	455
Operating Revenue	470	497	455
Total Cost of Revenue	336	360	346
Operating Cost of Revenue	336	360	346
Total Operating Expenses	98	100	88
Selling, General & Admin Expense	98	100	88
Other Operating Expenses / (Income)	0.03	0.04	0.01
Total Other Income / (Expense), net	-2.42	-3.70	-1.82
Interest Expense	2.16	3.69	1.97
Other Income / (Expense), net	-0.26	-0.02	0.15
Income Tax Expense	8.12	7.56	4.05
Basic Earnings per Share	$0.86	$0.92	$0.55
Weighted Average Basic Shares Outstanding	29.05M	28.13M	27.29M
Diluted Earnings per Share	$0.83	$0.88	$0.54
Weighted Average Diluted Shares Outstanding	30.07M	29.32M	27.99M
Weighted Average Basic & Diluted Shares Outstanding	29.74M	28.55M	26.88M
Cash Dividends to Common per Share	$0.20	$0.20	$0.20

This table shows LSI Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Income / (Loss) Attributable to Common Shareholders	5.65	6.68	5.67	5.38	5.91	8.03	8.41	4.67	6.42	6.26	5.47
Consolidated Net Income / (Loss)	5.65	6.68	5.67	5.38	5.91	8.03	8.41	4.67	6.42	6.26	5.18
Net Income / (Loss) Continuing Operations	5.65	6.68	5.67	5.38	5.91	8.03	8.41	4.67	6.42	6.26	5.47
Total Pre-Tax Income	7.35	8.32	7.89	7.45	7.40	10	9.55	6.93	7.84	9.02	6.38
Total Operating Income	8.46	9.13	9.01	7.66	7.82	11	10	7.73	9.04	10	7.17
Total Gross Profit	35	34	34	31	32	37	36	32	34	35	32
Total Revenue	148	138	129	108	109	123	124	117	129	127	127
Operating Revenue	148	138	129	108	109	123	124	117	129	127	127
Total Cost of Revenue	113	104	95	77	77	87	88	85	95	92	95
Operating Cost of Revenue	113	104	95	77	77	87	88	85	95	92	95
Total Operating Expenses	26	25	25	24	24	26	26	24	25	25	25
Selling, General & Admin Expense	26	25	25	24	24	26	26	24	25	25	25
Total Other Income / (Expense), net	-1.11	-0.81	-1.12	-0.21	-0.42	-0.66	-0.69	-0.81	-1.20	-1.00	-0.50
Interest Expense	0.73	0.88	1.00	0.13	0.45	0.57	0.76	0.88	1.26	0.79	0.68
Other Income / (Expense), net	-0.38	0.06	-0.12	-0.08	0.03	-0.10	0.07	0.07	0.06	-0.21	0.18
Income Tax Expense	1.70	1.64	2.22	2.08	1.49	2.34	1.13	2.26	1.42	2.76	1.20
Basic Earnings per Share	$0.19	$0.23	$0.20	$0.18	$0.20	$0.28	$0.30	$0.16	$0.23	$0.23	$0.19
Weighted Average Basic Shares Outstanding	29.93M	29.59M	29.05M	29.16M	29.02M	28.76M	28.13M	28.31M	28.08M	27.64M	27.29M
Diluted Earnings per Share	$0.18	$0.22	$0.18	$0.18	$0.20	$0.27	$0.28	$0.16	$0.22	$0.22	$0.19
Weighted Average Diluted Shares Outstanding	30.88M	30.53M	30.07M	30.12M	30.04M	29.96M	29.32M	29.61M	29.20M	28.66M	27.99M
Weighted Average Basic & Diluted Shares Outstanding	29.92M	29.84M	29.74M	29.13M	29.07M	28.92M	28.55M	28.37M	28.17M	-	26.88M
Cash Dividends to Common per Share	$0.20	$0.20	-	$0.05	$0.20	$0.20	-	-	$0.20	$0.20	-

This table details how cash moves in and out of LSI Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	6/30/2024	6/30/2023	6/30/2022
Net Change in Cash & Equivalents	2.28	-0.63	0.18
Net Cash From Operating Activities	43	50	-3.86
Net Cash From Continuing Operating Activities	43	50	-3.86
Net Income / (Loss) Continuing Operations	25	26	15
Consolidated Net Income / (Loss)	25	26	15
Depreciation Expense	10.00	9.66	10
Non-Cash Adjustments To Reconcile Net Income	3.56	6.74	6.01
Changes in Operating Assets and Liabilities, net	4.85	7.42	-35
Net Cash From Investing Activities	-55	-3.20	-1.57
Net Cash From Continuing Investing Activities	-55	-3.20	-1.57
Purchase of Property, Plant & Equipment	-5.39	-3.21	-2.12
Acquisitions	-50	0.00	-
Sale of Property, Plant & Equipment	0.04	0.01	0.05
Net Cash From Financing Activities	14	-47	5.63
Net Cash From Continuing Financing Activities	14	-47	5.63
Repayment of Debt	-140	-198	-162
Payment of Dividends	-5.74	-5.44	-5.32
Issuance of Debt	159	154	173
Other Financing Activities, net	1.02	2.69	-0.49
Other Net Changes in Cash	-0.17	0.13	-0.02

This table details how cash moves in and out of LSI Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Change in Cash & Equivalents	-2.26	2.86	-3.07	4.52	-0.87	1.71	0.48	-1.42	-6.26	6.57	1.21
Net Cash From Operating Activities	9.89	12	11	12	9.28	11	17	12	9.48	11	8.81
Net Cash From Continuing Operating Activities	9.89	12	11	12	9.28	11	17	12	9.48	11	8.81
Net Income / (Loss) Continuing Operations	5.65	6.68	5.67	5.38	5.91	8.03	8.42	4.67	6.42	6.26	5.18
Consolidated Net Income / (Loss)	5.65	6.68	5.67	5.38	5.91	8.03	8.42	4.67	6.42	6.26	5.18
Depreciation Expense	3.02	2.94	2.86	2.42	2.36	2.37	2.37	2.46	2.42	2.42	2.49
Non-Cash Adjustments To Reconcile Net Income	-0.49	3.38	1.29	-1.27	0.38	3.16	5.92	1.48	-1.33	0.67	5.24
Changes in Operating Assets and Liabilities, net	1.72	-1.16	1.42	5.76	0.64	-2.97	0.34	3.88	1.98	1.23	-4.09
Net Cash From Investing Activities	-1.02	-0.82	-51	-1.27	-1.93	-1.39	-1.45	-0.76	-0.56	-0.43	-0.80
Net Cash From Continuing Investing Activities	-1.02	-0.82	-51	-1.27	-1.93	-1.39	-1.45	-0.76	-0.56	-0.43	-0.80
Purchase of Property, Plant & Equipment	-1.07	-0.76	-0.76	-1.28	-1.96	-1.39	-1.45	-0.76	-0.56	-0.43	-0.85
Net Cash From Financing Activities	-11	-8.06	37	-6.67	-8.29	-7.44	-15	-13	-15	-3.59	-6.77
Net Cash From Continuing Financing Activities	-11	-8.06	37	-6.67	-8.29	-7.44	-15	-13	-15	-3.59	-6.77
Repayment of Debt	-49	-47	-38	-5.77	-47	-49	-48	-48	-55	-47	-48
Payment of Dividends	-1.49	-1.48	-1.46	-1.45	-1.45	-1.38	-1.37	-1.37	-1.29	-1.41	-1.33
Issuance of Debt	40	41	75	0.60	40	43	33	35	40	45	43
Other Financing Activities, net	-0.09	-0.04	0.29	-0.05	0.31	0.47	0.58	1.41	0.82	-0.13	-0.07
Other Net Changes in Cash	-0.05	-0.11	-0.21	0.03	0.07	-0.06	0.05	0.06	0.01	0.01	-0.03

This table presents LSI Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	6/30/2024	6/30/2023	6/30/2022
Total Assets	349	296	311
Total Current Assets	162	150	159
Cash & Equivalents	4.11	1.83	2.46
Note & Lease Receivable	79	78	78
Inventories, net	71	64	74
Prepaid Expenses	5.65	3.53	3.24
Current Deferred & Refundable Income Taxes	3.20	3.12	1.04
Plant, Property, & Equipment, net	33	25	27
Plant, Property & Equipment, gross	107	99	98
Accumulated Depreciation	74	74	71
Total Noncurrent Assets	153	121	125
Goodwill	57	45	45
Intangible Assets	74	63	68
Other Noncurrent Operating Assets	22	13	12
Total Liabilities & Shareholders' Equity	349	296	311
Total Liabilities	144	119	163
Total Current Liabilities	79	77	77
Short-Term Debt	3.57	3.57	3.57
Accounts Payable	32	29	35
Accrued Expenses	43	44	39
Total Noncurrent Liabilities	65	42	86
Long-Term Debt	51	32	76
Other Noncurrent Operating Liabilities	15	10	10
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	204	178	148
Total Preferred & Common Equity	204	178	148
Preferred Stock	0.00	0.00	0.00
Total Common Equity	204	178	148
Common Stock	156	149	140
Retained Earnings	48	29	8.22
Accumulated Other Comprehensive Income / (Loss)	0.20	0.34	0.05
Other Equity Adjustments	0.00	0.00	0.00

This table presents LSI Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023
Period end date	12/31/2024	9/30/2024	3/31/2024	12/31/2023	9/30/2023	3/31/2023	12/31/2022
Total Assets	345	350	288	288	302	291	296
Total Current Assets	163	167	143	141	154	146	149
Cash & Equivalents	4.71	6.97	7.18	2.66	3.53	1.35	2.77
Note & Lease Receivable	81	81	69	72	82	69	67
Inventories, net	69	71	60	60	63	68	73
Prepaid Expenses	5.32	5.52	4.60	4.39	3.96	4.62	4.38
Current Deferred & Refundable Income Taxes	2.68	2.40	2.65	2.03	1.35	2.91	1.33
Plant, Property, & Equipment, net	32	32	26	26	26	25	26
Plant, Property & Equipment, gross	108	107	100	100	99	99	99
Accumulated Depreciation	77	75	74	74	73	74	73
Total Noncurrent Assets	150	150	118	120	122	120	121
Goodwill	57	57	45	45	45	45	45
Intangible Assets	71	73	60	61	62	64	66
Other Noncurrent Operating Assets	21	20	14	14	15	11	11
Total Liabilities & Shareholders' Equity	345	350	288	288	302	291	296
Total Liabilities	127	138	90	95	115	123	135
Total Current Liabilities	79	80	66	66	78	66	64
Short-Term Debt	3.57	3.57	3.57	3.57	3.57	3.57	3.57
Accounts Payable	32	34	26	23	34	25	27
Accrued Expenses	43	43	37	39	41	38	33
Total Noncurrent Liabilities	49	58	23	29	37	57	71
Long-Term Debt	35	44	13	18	25	46	59
Other Noncurrent Operating Liabilities	14	14	10	11	12	11	12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	217	211	198	193	187	168	161
Total Preferred & Common Equity	217	211	198	193	187	168	161
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	217	211	198	193	187	168	161
Common Stock	160	158	154	153	151	146	143
Retained Earnings	57	53	44	40	35	22	18
Accumulated Other Comprehensive Income / (Loss)	0.05	0.09	0.39	0.35	0.28	0.24	0.12
Other Equity Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00

This table displays calculated financial ratios and metrics derived from LSI Industries' official financial filings.

Metric	2024	2023	2022
Period end date	6/30/2024	6/30/2023	6/30/2022
Growth Metrics	-	-	-
Revenue Growth	-5.50%	9.20%	44.20%
EBITDA Growth	-3.05%	48.34%	93.07%
EBIT Growth	-4.75%	73.37%	160.86%
NOPAT Growth	-6.37%	71.41%	180.53%
Net Income Growth	-3.05%	71.38%	156.17%
EPS Growth	-5.68%	62.96%	157.14%
Operating Cash Flow Growth	-12.50%	1,383.67%	-113.79%
Free Cash Flow Firm Growth	-139.28%	482.25%	83.84%
Invested Capital Growth	20.63%	-6.20%	14.13%
Revenue Q/Q Growth	1.16%	-0.77%	7.17%
EBITDA Q/Q Growth	-2.08%	6.47%	26.88%
EBIT Q/Q Growth	-3.95%	8.67%	42.36%
NOPAT Q/Q Growth	-8.55%	12.84%	50.00%
Net Income Q/Q Growth	-9.91%	14.38%	49.51%
EPS Q/Q Growth	-10.75%	11.39%	50.00%
Operating Cash Flow Q/Q Growth	-12.05%	19.91%	58.43%
Free Cash Flow Firm Q/Q Growth	-144.40%	19.41%	-189.56%
Invested Capital Q/Q Growth	22.57%	-2.32%	-0.60%
Profitability Metrics	-	-	-
Gross Margin	28.36%	27.56%	24.00%
EBITDA Margin	9.64%	9.39%	6.91%
Operating Margin	7.56%	7.45%	4.66%
EBIT Margin	7.51%	7.45%	4.69%
Profit (Net Income) Margin	5.32%	5.18%	3.30%
Tax Burden Percent	75.46%	77.30%	78.76%
Interest Burden Percent	93.88%	90.04%	89.40%
Effective Tax Rate	24.54%	22.70%	21.24%
Return on Invested Capital (ROIC)	11.52%	13.13%	7.91%
ROIC Less NNEP Spread (ROIC-NNEP)	7.15%	7.96%	5.58%
Return on Net Nonoperating Assets (RNNOA)	1.56%	2.70%	2.86%
Return on Equity (ROE)	13.08%	15.84%	10.78%
Cash Return on Invested Capital (CROIC)	-7.19%	19.54%	-5.28%
Operating Return on Assets (OROA)	10.93%	12.19%	7.14%
Return on Assets (ROA)	7.75%	8.49%	5.03%
Return on Common Equity (ROCE)	13.08%	15.84%	10.78%
Return on Equity Simple (ROE_SIMPLE)	12.22%	14.51%	10.17%
Net Operating Profit after Tax (NOPAT)	27	29	17
NOPAT Margin	5.71%	5.76%	3.67%
Net Nonoperating Expense Percent (NNEP)	4.37%	5.18%	2.33%
Cost of Revenue to Revenue	71.64%	72.44%	76.00%
SG&A Expenses to Revenue	20.79%	20.10%	19.33%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.79%	20.10%	19.34%
Earnings before Interest and Taxes (EBIT)	35	37	21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	45	47	31
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	2.06	1.97	1.07
Price to Tangible Book Value (P/TBV)	5.75	5.05	4.55
Price to Revenue (P/Rev)	0.89	0.70	0.35
Price to Earnings (P/E)	16.82	13.59	10.33
Dividend Yield	1.39%	2.03%	3.37%
Earnings Yield	5.94%	7.36%	9.68%
Enterprise Value to Invested Capital (EV/IC)	1.85	1.82	1.05
Enterprise Value to Revenue (EV/Rev)	1.00	0.77	0.52
Enterprise Value to EBITDA (EV/EBITDA)	10.39	8.22	7.48
Enterprise Value to EBIT (EV/EBIT)	13.34	10.36	11.03
Enterprise Value to NOPAT (EV/NOPAT)	17.55	13.40	14.10
Enterprise Value to Operating Cash Flow (EV/OCF)	10.84	7.73	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	9.01	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.27	0.20	0.54
Long-Term Debt to Equity	0.25	0.18	0.51
Financial Leverage	0.22	0.34	0.51
Leverage Ratio	1.69	1.87	2.14
Compound Leverage Factor	1.59	1.68	1.92
Debt to Total Capital	20.97%	16.54%	35.01%
Short-Term Debt to Total Capital	1.38%	1.68%	1.57%
Long-Term Debt to Total Capital	19.59%	14.86%	33.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	79.03%	83.46%	64.99%
Debt to EBITDA	1.20	0.75	2.53
Net Debt to EBITDA	1.11	0.72	2.45
Long-Term Debt to EBITDA	1.12	0.68	2.42
Debt to NOPAT	2.02	1.23	4.77
Net Debt to NOPAT	1.87	1.17	4.62
Long-Term Debt to NOPAT	1.89	1.11	4.55
Altman Z-Score	3.90	4.29	2.62
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	2.05	1.96	2.06
Quick Ratio	1.04	1.04	1.04
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-17	43	-11
Operating Cash Flow to CapEx	810.61%	1,548.17%	-186.35%
Free Cash Flow to Firm to Interest Expense	-7.76	11.55	-5.66
Operating Cash Flow to Interest Expense	20.13	13.45	-1.96
Operating Cash Flow Less CapEx to Interest Expense	17.64	12.58	-3.02
Efficiency Ratios	-	-	-
Asset Turnover	1.46	1.64	1.52
Accounts Receivable Turnover	0.00	0.00	0.00
Inventory Turnover	5.00	5.21	5.19
Fixed Asset Turnover	16.09	18.90	15.77
Accounts Payable Turnover	10.96	11.25	10.21
Days Sales Outstanding (DSO)	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	73.02	70.02	70.36
Days Payable Outstanding (DPO)	33.30	32.44	35.75
Cash Conversion Cycle (CCC)	39.72	37.59	34.61
Capital & Investment Metrics	-	-	-
Invested Capital	254	211	225
Invested Capital Turnover	2.02	2.28	2.16
Increase / (Decrease) in Invested Capital	44	-14	28
Enterprise Value (EV)	470	383	235
Market Capitalization	420	350	158
Book Value per Share	$7.02	$6.26	$5.54
Tangible Book Value per Share	$2.51	$2.44	$1.30
Total Capital	259	213	227
Total Debt	54	35	80
Total Long-Term Debt	51	32	76
Net Debt	50	33	77
Capital Expenditures (CapEx)	5.35	3.20	2.07
Debt-free, Cash-free Net Working Capital (DFCFNWC)	83	75	83
Debt-free Net Working Capital (DFNWC)	87	77	85
Net Working Capital (NWC)	83	73	82
Net Nonoperating Expense (NNE)	1.82	2.86	1.67
Net Nonoperating Obligations (NNO)	50	33	77
Total Depreciation and Amortization (D&A)	10.00	9.66	10
Debt-free, Cash-free Net Working Capital to Revenue	17.62%	15.10%	18.22%
Debt-free Net Working Capital to Revenue	18.50%	15.47%	18.77%
Net Working Capital to Revenue	17.74%	14.75%	17.98%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.86	$0.92	$0.55
Adjusted Weighted Average Basic Shares Outstanding	29.05M	28.13M	27.29M
Adjusted Diluted Earnings per Share	$0.83	$0.88	$0.54
Adjusted Weighted Average Diluted Shares Outstanding	30.07M	29.32M	27.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	29.74M	28.55M	26.88M
Normalized Net Operating Profit after Tax (NOPAT)	27	29	17
Normalized NOPAT Margin	5.71%	5.76%	3.67%
Pre Tax Income Margin	7.05%	6.71%	4.19%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	16.35	10.04	10.85
NOPAT to Interest Expense	12.43	7.76	8.49
EBIT Less CapEx to Interest Expense	13.87	9.17	9.79
NOPAT Less CapEx to Interest Expense	9.95	6.89	7.43
Payout Ratios	-	-	-
Dividend Payout Ratio	22.97%	21.11%	35.40%
Augmented Payout Ratio	22.97%	21.11%	35.40%

This table displays calculated financial ratios and metrics derived from LSI Industries' official financial filings.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	35.53%	11.87%	4.34%	-7.90%	-15.37%	-2.86%	-3.01%	6.68%	15.89%	0.00%	31.39%
EBITDA Growth	8.72%	-8.80%	-7.35%	-2.52%	-11.35%	8.78%	28.83%	32.41%	65.62%	-1.15%	210.05%
EBIT Growth	2.92%	-15.92%	-13.76%	-2.79%	-13.69%	11.46%	40.16%	49.60%	106.05%	0.00%	633.30%
NOPAT Growth	4.09%	-14.11%	-28.25%	6.01%	-15.64%	22.77%	55.00%	30.98%	109.39%	0.00%	2,446.84%
Net Income Growth	-4.39%	-16.77%	-32.64%	15.12%	-7.96%	28.20%	62.56%	29.05%	106.67%	0.00%	2,514.14%
EPS Growth	-10.00%	-18.52%	-35.71%	12.50%	-9.09%	22.73%	47.37%	23.08%	100.00%	0.00%	1,800.00%
Operating Cash Flow Growth	6.63%	11.84%	-34.89%	-0.46%	-2.14%	0.09%	93.53%	222.22%	209.53%	0.00%	160.89%
Free Cash Flow Firm Growth	-304.11%	83.81%	-261.24%	-10.48%	49.21%	-188.63%	204.37%	193.38%	110.06%	335.53%	70.51%
Invested Capital Growth	18.32%	19.00%	20.63%	-3.87%	-4.33%	0.00%	-6.20%	-4.55%	-1.43%	0.00%	14.13%
Revenue Q/Q Growth	6.98%	7.05%	19.24%	-0.75%	-11.69%	-0.16%	5.25%	-8.80%	1.37%	-0.31%	15.76%
EBITDA Q/Q Growth	-8.55%	3.29%	17.46%	-2.01%	-23.29%	4.93%	23.59%	-10.89%	-5.86%	24.27%	27.03%
EBIT Q/Q Growth	-12.13%	3.40%	17.21%	-3.35%	-28.21%	6.04%	32.12%	-14.19%	-7.29%	33.35%	41.01%
NOPAT Q/Q Growth	-11.40%	13.30%	17.18%	-11.51%	-26.88%	-5.36%	73.13%	-29.58%	6.40%	19.49%	46.29%
Net Income Q/Q Growth	-15.49%	17.89%	5.45%	-8.99%	-26.43%	-4.59%	80.21%	-27.24%	2.48%	20.98%	43.06%
EPS Q/Q Growth	-18.18%	22.22%	0.00%	-10.00%	-25.93%	-3.57%	75.00%	-27.27%	0.00%	15.79%	46.15%
Operating Cash Flow Q/Q Growth	-16.50%	6.77%	-10.73%	33.99%	-12.42%	-37.84%	36.47%	31.72%	-10.43%	20.19%	127.23%
Free Cash Flow Firm Q/Q Growth	1.80%	11.24%	-366.99%	-12.29%	107.79%	-984.11%	48.23%	46.19%	-95.37%	1,141.13%	-516.66%
Invested Capital Q/Q Growth	-0.52%	-1.01%	22.57%	-1.97%	0.05%	0.35%	-2.32%	-2.44%	0.00%	-100.00%	-0.60%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	23.60%	24.37%	26.23%	28.85%	28.93%	29.64%	29.01%	27.41%	26.51%	27.34%	25.46%
EBITDA Margin	7.51%	8.79%	9.11%	9.24%	9.36%	10.78%	10.25%	8.73%	8.94%	9.62%	7.72%
Operating Margin	5.73%	6.61%	6.98%	7.08%	7.17%	8.93%	8.28%	6.58%	7.02%	7.89%	5.63%
EBIT Margin	5.47%	6.66%	6.89%	7.01%	7.20%	8.86%	8.34%	6.64%	7.06%	7.72%	5.77%
Profit (Net Income) Margin	3.82%	4.84%	4.39%	4.97%	5.42%	6.50%	6.81%	3.97%	4.98%	4.93%	4.06%
Tax Burden Percent	76.84%	80.34%	71.87%	72.14%	79.86%	77.45%	88.15%	67.41%	81.90%	69.42%	81.15%
Interest Burden Percent	90.99%	90.48%	88.72%	98.23%	94.23%	94.82%	92.59%	88.76%	86.17%	91.97%	86.72%
Effective Tax Rate	23.16%	19.66%	28.13%	27.86%	20.14%	22.55%	11.85%	32.59%	18.10%	30.58%	18.85%
Return on Invested Capital (ROIC)	9.95%	11.10%	10.13%	11.20%	12.53%	32.25%	16.64%	10.05%	12.72%	0.00%	9.85%
ROIC Less NNEP Spread (ROIC-NNEP)	6.69%	9.11%	8.20%	10.67%	11.67%	28.17%	15.54%	9.23%	11.37%	0.00%	8.95%
Return on Net Nonoperating Assets (RNNOA)	0.85%	1.51%	1.79%	1.67%	2.60%	3.80%	5.28%	3.92%	5.52%	0.00%	4.59%
Return on Equity (ROE)	10.81%	12.61%	11.92%	12.87%	15.12%	36.05%	21.92%	13.97%	18.24%	0.00%	14.44%
Cash Return on Invested Capital (CROIC)	-5.61%	-6.31%	-7.19%	17.78%	17.84%	-171.47%	19.54%	16.13%	12.26%	0.00%	-5.28%
Operating Return on Assets (OROA)	9.05%	9.90%	10.04%	11.24%	11.68%	14.48%	13.65%	11.02%	11.62%	0.00%	8.78%
Return on Assets (ROA)	6.33%	7.20%	6.40%	7.97%	8.79%	10.63%	11.14%	6.60%	8.20%	0.00%	6.18%
Return on Common Equity (ROCE)	10.81%	12.61%	11.92%	12.87%	15.12%	36.05%	21.92%	13.97%	18.24%	0.00%	14.44%
Return on Equity Simple (ROE_SIMPLE)	10.76%	11.19%	0.00%	13.97%	14.00%	14.76%	0.00%	13.43%	13.31%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	6.50	7.34	6.48	5.53	6.24	8.54	9.02	5.21	7.40	6.96	5.82
NOPAT Margin	4.40%	5.31%	5.02%	5.11%	5.73%	6.92%	7.30%	4.44%	5.75%	5.47%	4.57%
Net Nonoperating Expense Percent (NNEP)	3.26%	1.99%	1.93%	0.53%	0.86%	4.08%	1.10%	0.82%	1.35%	0.00%	0.90%
Return On Investment Capital (ROIC_SIMPLE)	2.55%	-	-	-	2.91%	-	-	-	-	-	-
Cost of Revenue to Revenue	76.40%	75.63%	73.80%	71.15%	71.07%	70.36%	70.99%	72.59%	73.49%	72.66%	74.54%
SG&A Expenses to Revenue	17.87%	17.75%	19.23%	21.76%	21.76%	20.71%	20.71%	20.83%	19.48%	19.45%	19.83%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.87%	17.75%	19.22%	21.77%	21.76%	20.71%	20.73%	20.83%	19.49%	19.45%	19.83%
Earnings before Interest and Taxes (EBIT)	8.08	9.19	8.89	7.59	7.85	11	10	7.80	9.09	9.81	7.36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	11	12	12	10	10	13	13	10	12	12	9.84
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.66	2.27	2.06	2.21	2.08	2.40	1.97	2.30	2.06	0.00	1.07
Price to Tangible Book Value (P/TBV)	6.53	5.91	5.75	4.67	4.61	5.62	5.05	6.60	6.56	0.00	4.55
Price to Revenue (P/Rev)	1.11	0.99	0.89	0.94	0.85	0.91	0.70	0.77	0.67	0.42	0.35
Price to Earnings (P/E)	24.73	20.33	16.82	15.80	14.85	16.24	13.59	16.88	15.28	10.85	10.33
Dividend Yield	1.03%	1.24%	1.39%	1.33%	1.44%	1.60%	2.03%	1.83%	2.09%	2.69%	3.37%
Earnings Yield	4.04%	4.92%	5.94%	6.33%	6.74%	6.16%	7.36%	5.92%	6.55%	9.22%	9.68%
Enterprise Value to Invested Capital (EV/IC)	2.44	2.07	1.85	2.15	1.98	2.23	1.82	2.01	1.77	0.00	1.05
Enterprise Value to Revenue (EV/Rev)	1.17	1.08	1.00	0.96	0.89	0.96	0.77	0.87	0.80	0.00	0.52
Enterprise Value to EBITDA (EV/EBITDA)	13.60	11.82	10.39	9.68	9.04	9.89	8.22	9.89	9.50	0.00	7.48
Enterprise Value to EBIT (EV/EBIT)	18.12	15.55	13.34	12.19	11.38	12.38	10.36	12.73	12.47	0.00	11.03
Enterprise Value to NOPAT (EV/NOPAT)	23.68	20.37	17.55	15.26	14.45	15.63	13.40	17.09	16.26	0.00	14.10
Enterprise Value to Operating Cash Flow (EV/OCF)	13.51	11.67	10.84	9.07	8.50	9.52	7.73	10.48	11.99	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	11.88	10.87	0.00	9.01	12.16	14.36	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.18	0.23	0.27	0.08	0.11	0.15	0.20	0.30	0.39	0.00	0.54
Long-Term Debt to Equity	0.16	0.21	0.25	0.06	0.09	0.13	0.18	0.27	0.37	0.00	0.51
Financial Leverage	0.13	0.17	0.22	0.16	0.22	0.13	0.34	0.43	0.49	0.00	0.51
Leverage Ratio	1.54	1.64	1.69	1.58	1.65	1.62	1.87	1.95	2.00	0.00	2.14
Compound Leverage Factor	1.40	1.48	1.50	1.55	1.55	1.53	1.73	1.73	1.72	0.00	1.86
Debt to Total Capital	14.96%	18.42%	20.97%	7.61%	10.04%	13.32%	16.54%	22.81%	28.03%	0.00%	35.01%
Short-Term Debt to Total Capital	1.40%	1.38%	1.38%	1.66%	1.67%	1.66%	1.68%	1.64%	1.59%	0.00%	1.57%
Long-Term Debt to Total Capital	13.56%	17.04%	19.59%	5.95%	8.37%	11.66%	14.86%	21.17%	26.43%	0.00%	33.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	85.04%	81.58%	79.03%	92.39%	89.96%	86.68%	83.46%	77.19%	71.97%	0.00%	64.99%
Debt to EBITDA	0.85	1.08	1.20	0.35	0.46	0.60	0.75	1.13	1.52	0.00	2.53
Net Debt to EBITDA	0.74	0.92	1.11	0.20	0.41	0.53	0.72	1.10	1.45	0.00	2.45
Long-Term Debt to EBITDA	0.77	1.00	1.12	0.28	0.39	0.53	0.68	1.05	1.43	0.00	2.42
Debt to NOPAT	1.48	1.86	2.02	0.56	0.74	0.95	1.23	1.95	2.60	0.00	4.77
Net Debt to NOPAT	1.30	1.59	1.87	0.31	0.65	0.83	1.17	1.90	2.49	0.00	4.62
Long-Term Debt to NOPAT	1.34	1.72	1.89	0.44	0.62	0.83	1.11	1.81	2.45	0.00	4.55
Altman Z-Score	4.85	4.07	3.65	5.17	4.79	4.55	4.00	4.12	3.68	0.00	2.48
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.08	2.08	2.05	2.17	2.16	1.98	1.96	2.21	2.32	0.00	2.06
Quick Ratio	1.09	1.10	1.04	1.15	1.14	1.10	1.04	1.07	1.09	0.00	1.04
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-32	-33	-37	14	16	-203	23	16	11	229	-22
Operating Cash Flow to CapEx	927.86%	1,560.74%	1,461.79%	977.89%	474.23%	760.37%	1,175.17%	1,645.06%	1,689.66%	2,438.48%	1,104.77%
Free Cash Flow to Firm to Interest Expense	-44.36	-37.58	-36.94	103.56	34.93	-358.91	30.07	17.68	8.43	290.87	-32.33
Operating Cash Flow to Interest Expense	13.59	13.54	11.06	92.75	20.48	18.71	22.30	14.24	7.54	13.43	12.93
Operating Cash Flow Less CapEx to Interest Expense	12.12	12.67	10.31	83.27	16.16	16.25	20.41	13.37	7.09	12.88	11.76
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.65	1.49	1.46	1.60	1.62	1.63	1.64	1.66	1.65	0.00	1.52
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	6.01	5.27	5.00	5.14	5.06	5.62	5.21	5.03	5.03	0.00	5.19
Fixed Asset Turnover	18.11	16.77	16.09	18.08	18.21	19.32	18.90	18.81	18.14	0.00	15.77
Accounts Payable Turnover	14.05	10.51	10.96	12.94	13.38	10.57	11.25	11.58	11.41	0.00	10.21
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	60.72	69.25	73.02	70.99	72.14	64.95	70.02	72.56	72.51	0.00	70.36
Days Payable Outstanding (DPO)	25.99	34.74	33.30	28.21	27.28	34.54	32.44	31.53	31.99	0.00	35.75
Cash Conversion Cycle (CCC)	34.73	34.51	39.72	42.78	44.86	30.41	37.59	41.03	40.53	0.00	34.61
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	251	252	254	208	212	212	211	216	221	0.00	225
Invested Capital Turnover	2.26	2.09	2.02	2.19	2.19	4.66	2.28	2.27	2.21	0.00	2.16
Increase / (Decrease) in Invested Capital	39	40	44	-8.35	-9.58	212	-14	-10	-3.20	-222	28
Enterprise Value (EV)	612	521	470	447	420	472	383	433	393	0.00	235
Market Capitalization	578	480	420	438	401	447	350	385	333	200	158
Book Value per Share	$7.28	$7.10	$7.02	$6.83	$6.67	$6.53	$6.26	$5.96	$5.81	$0.00	$5.54
Tangible Book Value per Share	$2.97	$2.73	$2.51	$3.23	$3.01	$2.78	$2.44	$2.07	$1.83	$0.00	$1.30
Total Capital	255	259	259	215	214	215	213	217	224	0.00	227
Total Debt	38	48	54	16	22	29	35	50	63	0.00	80
Total Long-Term Debt	35	44	51	13	18	25	32	46	59	0.00	76
Net Debt	33	41	50	9.18	19	25	33	48	60	0.00	77
Capital Expenditures (CapEx)	1.07	0.76	0.76	1.27	1.96	1.39	1.45	0.76	0.56	0.43	0.80
Debt-free, Cash-free Net Working Capital (DFCFNWC)	84	83	83	74	77	76	75	82	86	0.00	83
Debt-free Net Working Capital (DFNWC)	88	90	87	81	79	80	77	83	88	0.00	85
Net Working Capital (NWC)	85	87	83	77	76	76	73	80	85	0.00	82
Net Nonoperating Expense (NNE)	0.85	0.65	0.81	0.15	0.34	0.51	0.61	0.54	0.99	0.69	0.65
Net Nonoperating Obligations (NNO)	33	41	50	9.18	19	25	33	48	60	0.00	77
Total Depreciation and Amortization (D&A)	3.02	2.94	2.86	2.42	2.36	2.37	2.37	2.46	2.42	2.42	2.49
Debt-free, Cash-free Net Working Capital to Revenue	16.01%	17.23%	17.62%	15.86%	16.21%	15.46%	15.10%	16.37%	17.37%	0.00%	18.22%
Debt-free Net Working Capital to Revenue	16.91%	18.67%	18.50%	17.40%	16.77%	16.17%	15.47%	16.64%	17.93%	0.00%	18.77%
Net Working Capital to Revenue	16.22%	17.93%	17.74%	16.63%	16.01%	15.45%	14.75%	15.93%	17.20%	0.00%	17.98%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.19	$0.23	$0.20	$0.18	$0.20	$0.28	$0.30	$0.16	$0.23	$0.00	$0.19
Adjusted Weighted Average Basic Shares Outstanding	29.93M	29.59M	29.05M	29.16M	29.02M	28.76M	28.13M	28.31M	28.08M	0.00	27.29M
Adjusted Diluted Earnings per Share	$0.18	$0.22	$0.18	$0.18	$0.20	$0.27	$0.28	$0.16	$0.22	$0.00	$0.19
Adjusted Weighted Average Diluted Shares Outstanding	30.88M	30.53M	30.07M	30.12M	30.04M	29.96M	29.32M	29.61M	29.20M	0.00	27.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	29.92M	29.84M	29.74M	29.13M	29.07M	28.92M	28.55M	28.37M	28.17M	0.00	26.88M
Normalized Net Operating Profit after Tax (NOPAT)	6.50	7.34	6.48	5.53	6.24	8.54	9.02	5.21	7.40	6.96	5.82
Normalized NOPAT Margin	4.40%	5.31%	5.02%	5.11%	5.73%	6.92%	7.30%	4.44%	5.75%	5.47%	4.57%
Pre Tax Income Margin	4.97%	6.02%	6.11%	6.89%	6.78%	8.40%	7.72%	5.90%	6.08%	7.10%	5.00%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	11.09	10.51	8.86	56.60	17.32	19.31	13.49	8.90	7.23	12.45	10.80
NOPAT to Interest Expense	8.93	8.38	6.46	41.24	13.79	15.09	11.81	5.94	5.88	8.83	8.55
EBIT Less CapEx to Interest Expense	9.63	9.64	8.11	47.12	13.01	16.85	11.60	8.03	6.78	11.90	9.63
NOPAT Less CapEx to Interest Expense	7.46	7.52	5.70	31.75	9.47	12.63	9.91	5.08	5.44	8.28	7.38
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	25.18%	24.70%	22.97%	20.39%	20.62%	19.65%	21.11%	23.97%	24.96%	29.76%	35.40%
Augmented Payout Ratio	25.18%	24.70%	22.97%	20.39%	20.62%	19.65%	21.11%	23.97%	24.96%	29.76%	35.40%

Frequently Asked Questions About LSI Industries' Financials

When does LSI Industries's financial year end?

According to the most recent income statement we have on file, LSI Industries' fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has LSI Industries' net income changed over the last 2 years?

LSI Industries' net income appears to be on an upward trend, with a most recent value of $24.98 million in 2024, rising from $15.03 million in 2022. The previous period was $25.76 million in 2023. See where experts think LSI Industries is headed by visiting LSI Industries' forecast page.

What is LSI Industries's operating income?

LSI Industries's total operating income in 2024 was $35.52 million, based on the following breakdown:

Total Gross Profit: $133.17 million
Total Operating Expenses: $97.65 million

How has LSI Industries revenue changed over the last 2 years?

Over the last 2 years, LSI Industries' total revenue changed from $455.12 million in 2022 to $469.64 million in 2024, a change of 3.2%.

How much debt does LSI Industries have?

LSI Industries' total liabilities were at $144.45 million at the end of 2024, a 21.8% increase from 2023, and a 11.6% decrease since 2022.

How much cash does LSI Industries have?

In the past 2 years, LSI Industries' cash and equivalents has ranged from $1.83 million in 2023 to $4.11 million in 2024, and is currently $4.11 million as of their latest financial filing in 2024.

How has LSI Industries' book value per share changed over the last 2 years?

Over the last 2 years, LSI Industries' book value per share changed from 5.54 in 2022 to 7.02 in 2024, a change of 26.5%.

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This page (NASDAQ:LYTS) was last updated on 5/25/2025 by MarketBeat.com Staff

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LSI Industries (LYTS) Financials

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LSI Industries (LYTS) Financials

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