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LY

LSI Industries Inc.

LYTSTechnologyNASDAQ

Electronic Components

PriceMA150MA200
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Financials · Annual
Revenue
$573.4M
+22.1% YoY
Net Income
$24.4M
-2.4% YoY
EBITDA
$48.7M
+7.7% YoY
Free Cash Flow
-$12.4M

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About LSI Industries Inc.

Headquartered within the technology sector, LSI Industries Inc. focuses on Electronic Components services and products. LSI Industries Inc. manufactures, markets, and sells non-residential lighting and retail display solutions in the United States. The company carries a $884.8M market cap, placing it firmly in the small-cap category. The company operates through Lighting and Display Solutions segments.

Key stats
Market Cap$884.8M
P/E (TTM)32.57
Fwd P/E17.34
EPS$0.74
Beta0.54
52W Change+48.3%
Dividend Yield0.83%
ROE8.3%
Analysis

On the balance sheet, LYTS has $10.3M in cash with $314.2M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$12.4M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 8.3%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.9% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $455.1M (2022) to $573.4M (2025), reflecting a 26% increase over the period.

LYTS's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. LSI Industries Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing LYTS.

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