LCI Industries (LCII)

Operating return on assets (Operating ROA)

		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
Operating income (ttm)	US$ in thousands	218,237	204,724	196,426	160,996	123,428	97,770	139,755	303,370	553,028	690,038	691,487	566,680	398,410	347,890	353,299	280,099	222,934	197,126	151,846	196,721
Total assets	US$ in thousands	2,894,740	3,024,960	3,011,980	2,981,340	2,959,320	3,033,810	3,076,400	3,209,370	3,246,910	3,268,970	3,482,700	3,640,720	3,288,090	3,088,180	2,776,180	2,500,470	2,298,030	2,110,680	2,018,270	2,051,210
Operating ROA		7.54%	6.77%	6.52%	5.40%	4.17%	3.22%	4.54%	9.45%	17.03%	21.11%	19.85%	15.57%	12.12%	11.27%	12.73%	11.20%	9.70%	9.34%	7.52%	9.59%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $218,237K ÷ $2,894,740K
= 7.54%

The operating return on assets (operating ROA) for LCI Industries showed fluctuations over the timeframe provided.

- The operating ROA increased from 9.59% as of March 31, 2020, to a peak of 21.11% as of September 30, 2022.
- Following the peak, the operating ROA fluctuated but remained relatively high until December 31, 2022, at 17.03%.
- However, there was a significant drop in the operating ROA to 3.22% as of September 30, 2023.
- The operating ROA started recovering from the drop, and as of December 31, 2024, it stood at 7.54%.

Overall, the operating ROA of LCI Industries experienced both peaks and troughs during the period under review, indicating variability in the company's performance in generating operating income relative to its assets.