LCI Industries (LCII)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	64,195	49,443	84,948	206,052	394,974	494,432	496,441	409,800	287,739	254,103	259,049	204,346	158,440	138,554	106,016	140,357	146,509	137,881	135,884	135,581
Revenue (ttm)	US$ in thousands	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	2,371,482	2,344,077	2,362,100	2,417,487
Net profit margin		1.70%	1.29%	2.12%	4.54%	7.59%	8.95%	8.93%	8.01%	6.43%	6.29%	6.99%	6.51%	5.67%	5.38%	4.54%	5.75%	6.18%	5.88%	5.75%	5.61%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $64,195K ÷ $3,784,809K
= 1.70%

The net profit margin of LCI Industries has fluctuated over the past quarters, ranging from a high of 8.95% in Q3 2022 to a low of 1.29% in Q3 2023. The trend shows a general decrease in profitability from the higher levels seen in 2022. This decline could be indicative of various factors such as increasing costs, competitive pressures, or changes in revenue streams. The most recent figure of 1.70% in Q4 2023 suggests a lower level of profitability compared to previous quarters. It would be crucial for LCI Industries to closely monitor and address the factors impacting their net profit margin to ensure sustainable financial performance in the future.