LYTS
TechnologyLSI Industries Inc. · Hardware, Equipment & Parts · $730M
What is LSI Industries Inc.?
LSI Industries Inc. is a Cincinnati-based manufacturer of non-residential lighting and retail display solutions, serving commercial and industrial customers across North America, Australia, and Latin America. Founded in 1985, the company operates through two distinct business segments.
LSI Industries generates revenue through two segments. The Lighting segment designs and sells indoor and outdoor lighting fixtures alongside control systems — sensors, dimmers, motion detection, and Bluetooth-enabled products — for commercial and industrial venues. The Display Solutions segment manufactures and installs visual merchandising elements such as printed graphics, digital signage, menu boards, and refrigerated displays, while also managing large-scale rollout programs for major retail and petroleum brands.
LSI Industries was founded in 1985 and is headquartered in Cincinnati, Ohio.
- Non-residential outdoor and indoor lighting fixtures
- Lighting control systems including sensors and Bluetooth devices
- Printed and structural retail graphics and signage
- Digital signage and menu board systems
- Refrigerated and non-refrigerated merchandising displays
Is LYTS a Good Stock to Buy?
UQS Score rates LYTS as Below Average overall.
The Risk pillar stands out as a relative bright spot, suggesting the company carries a manageable financial risk profile compared to many small-cap peers. The Valuation pillar also registers as Good, meaning the stock does not appear significantly stretched on a price basis relative to its fundamentals.
Both the Quality and Moat pillars score Weak, pointing to limited competitive differentiation and below-average returns on capital — meaningful concerns for long-term investors evaluating durability of the business.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does LYTS pay dividends?
Yes — LSI Industries Inc. pays a dividend.
LSI Industries pays a regular dividend, which is relatively uncommon among small-cap manufacturers. The dividend reflects management's intent to return capital to shareholders alongside reinvestment in operations. Income-oriented investors may find this appealing, though the sustainability of the payout should be weighed against the company's Weak Quality pillar rating.
When does LYTS report earnings?
LSI Industries reports earnings on a quarterly cadence, typical for US-listed equities.
The company's Growth pillar is rated Neutral, suggesting revenue and earnings trends are neither accelerating sharply nor declining materially. Performance across the Lighting and Display Solutions segments can vary with broader commercial construction and retail spending cycles.
For the most recent quarter's results, visit LSI Industries' investor relations page directly.
LYTS Price History
+141.1% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in LSI Industries Inc.?
Based on LSI Industries Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
LYTS Long-term Outlook
With a Neutral Growth pillar, LSI Industries appears positioned for modest, steady progression rather than rapid expansion. The Good Risk rating suggests the balance sheet is not a near-term concern, which provides some stability. However, the Weak Moat pillar indicates limited pricing power, making top-line growth dependent on end-market demand in petroleum, quick-service restaurants, and retail rather than competitive differentiation.
Growth drivers
- Ongoing commercial retrofit demand for energy-efficient lighting
- Large-scale rollout programs for retail and petroleum display clients
- Expansion of digital signage and connected lighting control products
Key risks
- Weak competitive moat leaves revenue vulnerable to lower-cost rivals
- Exposure to cyclical commercial construction and retail capital spending
- Valuation rated Good but not deeply discounted, limiting margin of safety
LYTS vs Peers
LSI Industries competes in overlapping niches of specialty lighting and precision industrial components alongside several small-cap peers.
LightPath focuses on optical components and infrared solutions, targeting defense and telecom markets rather than commercial lighting and display.
Vishay Precision specializes in precision sensors and weighing systems, serving industrial and medical end markets distinct from LSI's retail display focus.
Mesa Laboratories provides quality control instruments and services for regulated industries, a fundamentally different business model from LSI's lighting and visual merchandising.
Frequently Asked Questions
What does LSI Industries do?
LSI Industries manufactures non-residential lighting fixtures, lighting control systems, and retail display solutions. It serves sectors including petroleum and convenience retail, quick-service restaurants, grocery stores, parking facilities, and sports complexes across North America, Australia, and Latin America.
Does LYTS pay dividends?
Yes, LSI Industries pays a regular dividend. This is notable for a small-cap manufacturer. Investors should review the company's investor relations page for the current dividend rate and payment schedule, and consider the Weak Quality pillar when assessing payout sustainability.
When does LYTS report earnings?
LSI Industries follows a standard quarterly earnings cadence. The company does not pre-announce specific dates far in advance. Check LSI Industries' investor relations page or financial data providers for the most current earnings calendar.
Is LYTS a good stock to buy?
UQS Score rates LYTS as Below Average overall. The Good Valuation and Risk pillars offer some reassurance, but the Weak Quality and Moat pillars raise questions about competitive durability. Investors should review the full pillar breakdown available to UQS Pro members before drawing conclusions.
Is LYTS overvalued?
The UQS Valuation pillar for LYTS is rated Good, suggesting the stock is not trading at a significant premium relative to its fundamentals. However, a reasonable valuation alone does not offset concerns in other areas — the complete picture requires reviewing all five pillars together.
How does LYTS compare to its competitors?
LSI Industries occupies a niche in commercial lighting and retail display that differs meaningfully from peers like LightPath Technologies, Vishay Precision Group, and Mesa Laboratories, which focus on optical components, precision sensors, and quality control instruments respectively. Direct comparisons are limited by these differing end markets.
What is LYTS's market cap bracket?
LYTS is classified as a small-cap stock. Small-cap companies like LSI Industries can offer growth potential but typically carry higher volatility and liquidity risk compared to large- or mega-cap peers in the broader industrial and technology sectors.
Who founded LSI Industries?
LSI Industries was founded in 1985. Detailed founding history, including founder names, is publicly available through the company's official website and investor relations materials.
Is LYTS a long-term quality investment?
As a long-term quality indicator, LYTS scores Below Average on the UQS composite. The Weak Moat pillar is a particular concern for long-horizon investors, as durable competitive advantages tend to drive compounding returns over time. The full pillar analysis is available to UQS Pro members.
What is the main competitive advantage of LSI Industries?
LSI Industries' primary differentiator is its ability to manage large-scale rollout programs — combining manufacturing, installation, permitting, and content management for major retail and petroleum clients. However, the UQS Moat pillar rates this advantage as Weak relative to broader market standards.
What sector does LYTS belong to?
LYTS is classified under the Technology sector, though its business is rooted in manufacturing lighting hardware and display systems. Investors should note that sector classification can affect how the stock is screened and benchmarked by different platforms.
Is LYTS a growth stock or value stock?
Based on UQS pillar labels, LYTS shows a Neutral Growth profile and a Good Valuation rating — placing it closer to value territory than high-growth. It does not exhibit the accelerating revenue characteristics typically associated with growth stocks in the technology sector.
Unlock Full LYTS Analysis
Sign in to unlock the detailed analysis behind the UQS Score.
- ✓View exact scores across all five UQS pillars
- ✓Access complete financial metrics and trend data
- ✓Compare LYTS against sector peers side by side
- ✓See Quality and Moat breakdowns in full detail
- ✓Get the complete analyst-style view for Pro members
- ✓Screen small-cap stocks by pillar strength instantly
Pro Analysis
LYTS — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 24, 2026 | 41.6 | 30.6 | 19.0 | 59.4 | 42.2 | 73.2 | -0.3 |
| May 22, 2026 | 41.9 | 30.8 | 19.0 | 59.4 | 42.2 | 74.7 | +0.3 |
| May 16, 2026 | 41.6 | 30.6 | 19.0 | 59.4 | 42.2 | 73.2 | -5.2 |
| May 7, 2026 | 46.8 | 34.9 | 19.0 | 59.4 | 68.6 | 74.3 | -0.1 |
| May 3, 2026 | 46.9 | 34.9 | 19.0 | 59.4 | 68.6 | 74.9 | -0.3 |
| Apr 26, 2026 | 47.2 | 34.9 | 19.0 | 59.4 | 68.6 | 77.2 | +0.9 |
| Apr 25, 2026 | 46.3 | 34.9 | 19.0 | 53.5 | 68.6 | 79.0 | -0.1 |
| Apr 19, 2026 | 46.4 | 34.9 | 19.0 | 53.8 | 68.6 | 79.4 | -0.5 |
| Apr 18, 2026 | 46.9 | 35.6 | 19.0 | 53.8 | 68.6 | 81.3 | -0.2 |
| Apr 14, 2026 | 47.1 | 35.6 | 19.0 | 53.8 | 68.6 | 82.9 | -0.2 |
LYTS — Pillar Breakdown
Quality
— 30.6/100 (25%)LSI Industries Inc. currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 59.4/100 (20%)LSI Industries Inc. demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 42.2/100 (15%)LSI Industries Inc. has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 73.4/100 (15%)LSI Industries Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 19/100 (25%)LSI Industries Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for LYTS.
Score Composition
Financial Data
More Stock Analysis
How is the LYTS UQS Score Calculated?
The UQS (Unified Quality Score) for LSI Industries Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses LSI Industries Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether LSI Industries Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.