LCI Industries (LCII)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	879,715	871,360	862,350	814,025	776,190	762,046	804,152	995,117	1,273,289	1,418,448	1,416,975	1,265,501	1,043,035	948,273	918,131	789,262	706,090	631,268	545,302	565,213
Revenue (ttm)	US$ in thousands	3,741,204	3,775,610	3,819,428	3,779,528	3,784,809	3,841,611	4,014,376	4,535,886	5,207,146	5,526,210	5,559,440	5,117,010	4,472,700	4,042,292	3,704,711	3,136,756	2,796,166	2,577,185	2,335,677	2,438,980
Gross profit margin		23.51%	23.08%	22.58%	21.54%	20.51%	19.84%	20.03%	21.94%	24.45%	25.67%	25.49%	24.73%	23.32%	23.46%	24.78%	25.16%	25.25%	24.49%	23.35%	23.17%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $879,715K ÷ $3,741,204K
= 23.51%

The gross profit margin for LCI Industries has shown fluctuations over the past few years, ranging from a low of 19.84% on September 30, 2023, to a high of 25.67% on September 30, 2022. Generally, the trend has been relatively stable, with some minor ups and downs along the way.

In the most recent period, as of December 31, 2024, the gross profit margin stands at 23.51%. This indicates that for every dollar of sales revenue generated, LCI Industries retains approximately 23.51 cents after accounting for the direct costs associated with producing the goods or services sold.

It is important to note that changes in the gross profit margin can be influenced by various factors such as fluctuations in the cost of goods sold, pricing strategies, efficiency in production processes, and overall market conditions. Future analysis would be needed to understand the underlying reasons for the fluctuations in the gross profit margin and assess their impact on the company's financial performance.