With LCII Up 6.0% in a Day, Is It Time to Compare It Against SMP?
Standard Motor Products (SMP) offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs LCI Industries (LCII), suggesting you may be better off investing in SMP
- SMP’s quarterly revenue growth was 24.7%, vs. LCII’s 8.0%.
- In addition, its Last 12 Months revenue growth came in at 13.5%, ahead of LCII’s 1.0%.
- SMP leads on profitability over both periods – LTM margin of 6.4% and 3-year average of 6.7%.
LCII operates in OEM and Aftermarket segments, supplying RV and related industry components to retail dealers, wholesale distributors, and service centers. Formerly Drew Industries Incorporated. SMP manufactures and distributes automotive replacement parts, specializing in engine management components and temperature control products like air conditioning compressors and repair kits.
Valuation & Performance Overview
| LCII | SMP | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 10.6 | 8.6 | SMP |
| Revenue Growth | |||
| Last Quarter | 8.0% | 24.7% | SMP |
| Last 12 Months | 1.0% | 13.5% | SMP |
| Last 3 Year Average | -9.0% | 4.9% | SMP |
| Operating Margins | |||
| Last 12 Months | 6.3% | 6.4% | SMP |
| Last 3 Year Average | 5.8% | 6.7% | SMP |
| Momentum | |||
| Last 3 Year Return | -15.4% | 6.2% | SMP |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: LCII Revenue Comparison | SMP Revenue Comparison
See more margin details: LCII Operating Income Comparison | SMP Operating Income Comparison
But do these numbers tell the full story? Read Buy or Sell SMP Stock to see if Standard Motor Products’s edge holds up under the hood or if LCI Industries still has cards to play (see Buy or Sell LCII Stock).
That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| LCII Return | 24% | 23% | -38% | 41% | -15% | 0% | 7% | ||
| SMP Return | -23% | 32% | -32% | 18% | -19% | 27% | -19% | ||
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 10% | 98% | <=== | |
| Monthly Win Rates [3] | |||||||||
| LCII Win Rate | 67% | 58% | 33% | 58% | 50% | 57% | 54% | ||
| SMP Win Rate | 33% | 67% | 33% | 50% | 42% | 57% | 47% | ||
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 57% | 62% | <=== | |
| Max Drawdowns [4] | |||||||||
| LCII Max Drawdown | -46% | -3% | -41% | 0% | -21% | -27% | -23% | ||
| SMP Max Drawdown | -32% | -3% | -37% | -7% | -33% | -29% | -24% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <=== | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year till date (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read SMP Dip Buyer Analyses and LCII Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.