LCII vs. PII

Last updated Apr 1, 2026

Compare and contrast key facts about LCI Industries (LCII) and Polaris Industries Inc. (PII).

Performance

LCII vs. PII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LCI Industries (LCII) and Polaris Industries Inc. (PII). The values are adjusted to include any dividend payments, if applicable.

LCII vs. PII - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LCII LCI Industries	2.31%	22.83%	-14.64%	41.10%	-38.49%	23.07%	24.13%	65.13%	-47.23%	23.05%
PII Polaris Industries Inc.	-12.86%	15.90%	-37.19%	-3.79%	-6.01%	17.75%	-3.78%	36.37%	-36.76%	54.19%

Fundamentals

Market Cap LCII : $2.99B PII : $3.10B
EPS LCII : $7.63 PII : -$8.18
PS Ratio LCII : 0.74 PII : 0.43
PB Ratio LCII : 2.20 PII : 3.74
Total Revenue (TTM) LCII : $4.12B PII : $7.15B
Gross Profit (TTM) LCII : $980.30M PII : $1.32B
EBITDA (TTM) LCII : $381.13M PII : -$175.20M

Returns By Period

In the year-to-date period, LCII achieves a 2.31% return, which is significantly higher than PII's -12.86% return. Over the past 10 years, LCII has outperformed PII with an annualized return of 10.04%, while PII has yielded a comparatively lower -2.99% annualized return.

LCII

• 1D: 2.42%
• 1M: -6.80%
• YTD: 2.31%
• 6M: 34.60%
• 1Y: 46.89%
• 3Y*: 8.05%
• 5Y*: 1.63%
• 10Y*: 10.04%

PII

• 1D: 2.04%
• 1M: -9.26%
• YTD: -12.86%
• 6M: -4.22%
• 1Y: 40.02%
• 3Y*: -17.87%
• 5Y*: -13.85%
• 10Y*: -2.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LCII vs. PII — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LCII

LCII Risk / Return Rank: 78
LCII Sharpe Ratio Rank: 81
LCII Sortino Ratio Rank: 79
LCII Omega Ratio Rank: 76
LCII Calmar Ratio Rank: 77
LCII Martin Ratio Rank: 77

PII

PII Risk / Return Rank: 67
PII Sharpe Ratio Rank: 67
PII Sortino Ratio Rank: 66
PII Omega Ratio Rank: 64
PII Calmar Ratio Rank: 68
PII Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LCII vs. PII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LCI Industries (LCII) and Polaris Industries Inc. (PII). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LCII	PII	Difference
Sharpe ratio Return per unit of total volatility	1.31	0.71	+0.60
Sortino ratio Return per unit of downside risk	2.04	1.40	+0.64
Omega ratio Gain probability vs. loss probability	1.25	1.18	+0.08
Calmar ratio Return relative to maximum drawdown	1.91	1.26	+0.66
Martin ratio Return relative to average drawdown	5.12	3.31	+1.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCII vs. PII - Sharpe Ratio Comparison

The current LCII Sharpe Ratio is 1.31, which is higher than the PII Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of LCII and PII, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LCII	PII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	0.71	+0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	-0.34	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	-0.07	+0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.39	-0.08

Correlation

The correlation between LCII and PII is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

LCII vs. PII - Dividend Comparison

LCII's dividend yield for the trailing twelve months is around 3.74%, less than PII's 4.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LCII LCI Industries	3.74%	3.79%	4.16%	3.34%	4.38%	2.21%	2.16%	2.38%	3.52%	1.58%	1.30%	3.28%
PII Polaris Industries Inc.	4.94%	4.24%	4.58%	2.74%	2.53%	2.29%	2.60%	2.40%	3.13%	1.87%	2.67%	2.47%

Drawdowns

LCII vs. PII - Drawdown Comparison

The maximum LCII drawdown since its inception was -87.55%, which is greater than PII's maximum drawdown of -77.57%. Use the drawdown chart below to compare losses from any high point for LCII and PII.

Drawdown Indicators

	LCII	PII	Difference
Max Drawdown Largest peak-to-trough decline	-87.55%	-77.57%	-9.98%
Max Drawdown (1Y) Largest decline over 1 year	-24.53%	-30.71%	+6.18%
Max Drawdown (5Y) Largest decline over 5 years	-47.19%	-75.62%	+28.43%
Max Drawdown (10Y) Largest decline over 10 years	-53.89%	-75.62%	+21.73%
Current Drawdown Current decline from peak	-21.00%	-56.28%	+35.28%
Average Drawdown Average peak-to-trough decline	-25.25%	-19.59%	-5.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.16%	11.64%	-2.48%

Volatility

LCII vs. PII - Volatility Comparison

The current volatility for LCI Industries (LCII) is 8.10%, while Polaris Industries Inc. (PII) has a volatility of 12.62%. This indicates that LCII experiences smaller price fluctuations and is considered to be less risky than PII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCII	PII	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.10%	12.62%	-4.52%
Volatility (6M) Calculated over the trailing 6-month period	23.39%	33.58%	-10.19%
Volatility (1Y) Calculated over the trailing 1-year period	35.84%	56.34%	-20.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.02%	40.95%	-1.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.55%	41.92%	-2.37%

Financials

LCII vs. PII - Profitability Comparison

The chart below illustrates the profitability comparison between LCI Industries and Polaris Industries Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LCII - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, LCI Industries reported a gross profit of 205.91M and revenue of 932.70M. Therefore, the gross margin over that period was 22.1%.

PII - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Polaris Industries Inc. reported a gross profit of 384.20M and revenue of 1.92B. Therefore, the gross margin over that period was 20.0%.

LCII - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, LCI Industries reported an operating income of 35.36M and revenue of 932.70M, resulting in an operating margin of 3.8%.

PII - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Polaris Industries Inc. reported an operating income of -367.70M and revenue of 1.92B, resulting in an operating margin of -19.1%.

LCII - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, LCI Industries reported a net income of 18.68M and revenue of 932.70M, resulting in a net margin of 2.0%.

PII - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Polaris Industries Inc. reported a net income of -303.60M and revenue of 1.92B, resulting in a net margin of -15.8%.