LYTS Financials Lsi Industries Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 13 d ago Overview →

Growth & profitability

Revenue has grown 16.9% per year over the past 5 years.
Net income has grown faster than revenue (30.9% vs 16.9% per year).
Operating margin has expanded, at 5.6% in the latest year.
Free cash flow has grown 8.6% per year over the past 5 years.

Financial health

Total debt ($256M) exceeds cash ($14M); net debt is $242M.
Total debt has grown faster than revenue (26.3% vs 16.9% per year).
Operating income covered interest expense 6.5× in the latest year, down from 28× 5 years ago.
Total debt is 4.7× EBITDA.

Shareholder returns

Dividends have been paid for 7 consecutive years, consuming 28.8% of earnings and 16.7% of free cash flow.
The dividend has grown 4.2% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$689M	$23M	25.1%	5.6%	6.3%	2.7%	$39M	$256M	$14M
2025	$573M	$24M	24.7%	6.2%	10.6%	6.2%	$35M	$49M	$3M
2024	$470M	$25M	28.4%	7.6%	12.2%	7.2%	$38M	$54M	$4M
2023	$497M	$26M	27.6%	7.5%	14.5%	8.7%	$46M	$35M	$2M
2022	$455M	$15M	24.0%	4.7%	10.2%	4.8%	-$6M	$80M	$2M
2021	$316M	$6M	25.0%	2.5%	4.5%	2.0%	$26M	$80M	$2M
2020	$306M	$10M	24.1%	4.3%	7.6%	5.6%	$27M	$0	$4M
2019	$329M	-$16M	22.4%	-6.0%	-13.6%	-8.1%	$9M	$40M	$966000
2018	$342M	-$20M	26.1%	-6.3%	-14.0%	-8.5%	$8M	$45M	$3M
2017	—	$3M	—	—	1.9%	1.2%	$15M	$50M	$3M
2016	—	$9M	—	—	6.1%	4.8%	$8M	—	$34M
2015	—	$5M	—	—	3.6%	2.9%	$16M	—	$26M
2014	—	$930000	—	—	0.7%	0.6%	$6M	—	$9M
2013	—	-$123000	—	—	-0.1%	-0.1%	$1M	—	$8M
2012	—	$3M	—	—	2.2%	1.8%	$21M	—	$15M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$235M	$7M	24.5%	6.2%	1.9%	0.8%	$10M	$256M	$14M
Mar '26	$151M	$2M	25.4%	2.7%	0.6%	0.3%	$6M	$261M	$10M
Dec '25	$147M	$6M	25.5%	6.0%	2.6%	1.6%	$23M	$28M	$6M
Sep '25	$157M	$7M	25.6%	7.0%	3.0%	1.8%	-$291000	$51M	$7M
Jun '25	$155M	$8M	26.1%	7.7%	3.5%	2.1%	$9M	$49M	$3M
Mar '25	$132M	$4M	24.8%	4.7%	1.8%	1.0%	$6M	$55M	$4M
Dec '24	$148M	$6M	23.6%	5.7%	2.6%	1.6%	$9M	$38M	$5M
Sep '24	$138M	$7M	24.4%	6.6%	3.2%	1.9%	$11M	$48M	$7M
Jun '24	$129M	$6M	26.2%	7.0%	2.8%	1.6%	$10M	$54M	$4M
Mar '24	$108M	$5M	28.8%	7.1%	2.7%	1.9%	$11M	$16M	$7M
Dec '23	$109M	$6M	28.9%	7.2%	3.1%	2.1%	$7M	$22M	$3M
Sep '23	$123M	$8M	29.6%	8.9%	4.3%	2.7%	$9M	$29M	$4M
Jun '23	$124M	$8M	29.0%	8.3%	4.7%	2.8%	$16M	$35M	$2M
Mar '23	$117M	$5M	27.4%	6.6%	2.8%	1.6%	$12M	$50M	$1M
Dec '22	$129M	$6M	26.5%	7.0%	4.0%	2.2%	$9M	$63M	$3M
Sep '22	$127M	$6M	27.3%	7.9%	4.1%	2.0%	$10M	$78M	$9M
Jun '22	$127M	$5M	25.5%	5.6%	3.5%	1.7%	$8M	$80M	$2M
Mar '22	$110M	$4M	24.3%	4.7%	2.5%	1.2%	$3M	$63M	$1M
Dec '21	$111M	$3M	22.9%	4.0%	2.2%	1.0%	-$9M	$87M	$914000
Sep '21	$106M	$3M	23.0%	4.2%	2.3%	1.0%	-$8M	$78M	$3M

Valuation over time

How the market has priced LYTS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 34.5× (Mar '23) to 33.2× (Sep '26).
The price-to-sales ratio has fallen from 1.1× (Mar '23) to 1.1× (Sep '26).
The dividend yield has fallen from 1.0% (Mar '23) to 0.9% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is LYTS growing its revenue and profit?

Over the past 5 years, Lsi Industries Inc's revenue has grown 16.9% per year, and net income grown 30.9% per year. These are computed facts, not advice.

How much debt does LYTS have?

As of FY2026, Lsi Industries Inc reported $256M of total debt against $14M of cash; operating income covered interest expense 6.5×.

What is LYTS's profit margin?

In FY2026, gross margin was 25.1%, operating margin 5.6%, and net margin 3.3%.

What is LYTS's P/E ratio?

As of Sep '26, Lsi Industries Inc traded at a price-to-earnings ratio of about 33.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.