LCI Industries (LCII)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 218,237 | 123,428 | 553,028 | 398,410 | 222,934 |
| Revenue | US$ in thousands | 3,741,210 | 3,784,810 | 5,207,140 | 4,472,700 | 2,796,170 |
| Operating profit margin | 5.83% | 3.26% | 10.62% | 8.91% | 7.97% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $218,237K ÷ $3,741,210K
= 5.83%
The operating profit margin of LCI Industries has shown some fluctuations over the past five years. In 2020, the operating profit margin was 7.97%, which increased to 8.91% in 2021, indicating an improvement in profitability. The margin saw a significant rise in 2022, reaching 10.62%, suggesting efficient cost management or revenue growth.
However, there was a sharp decline in the operating profit margin in 2023, dropping to 3.26%, which could be a concerning trend indicating challenges in managing operating expenses or declining revenues. In 2024, the margin improved to 5.83%, suggesting some recovery but still below the levels seen in the previous years.
Overall, the operating profit margin of LCI Industries has shown variability, with both positive and negative trends observed in different years. Further analysis of the company's cost structure and revenue generation may be necessary to understand the factors influencing these fluctuations in profitability.
Peer comparison
Dec 31, 2024