LCI Industries (LCII)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 142,867 | 64,195 | 394,974 | 287,739 | 158,440 |
| Revenue | US$ in thousands | 3,741,210 | 3,784,810 | 5,207,140 | 4,472,700 | 2,796,170 |
| Net profit margin | 3.82% | 1.70% | 7.59% | 6.43% | 5.67% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $142,867K ÷ $3,741,210K
= 3.82%
The net profit margin of LCI Industries has experienced fluctuations over the past five years. It increased from 5.67% in December 2020 to 6.43% in December 2021, indicating improved profitability. Subsequently, the net profit margin continued to rise, reaching 7.59% by December 2022, reflecting further enhancement in the company's ability to translate revenue into profit.
However, the trend reversed in December 2023, with the net profit margin dropping to 1.70%, suggesting a significant decline in profitability during that period. This decrease could indicate challenges or costs that impacted the company's bottom line efficiency.
In December 2024, the net profit margin recovered slightly to 3.82%, but it remained below the levels seen in 2022. Overall, despite the fluctuations, the net profit margin of LCI Industries demonstrates a trend of variability in profitability performance over the past five years, highlighting the importance of monitoring and analyzing financial ratios to assess the company's financial health and performance.
Peer comparison
Dec 31, 2024