LCI Industries (LCII)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 189,338 | 83,004 | 525,455 | 382,044 | 209,481 |
| Revenue | US$ in thousands | 3,741,210 | 3,784,810 | 5,207,140 | 4,472,700 | 2,796,170 |
| Pretax margin | 5.06% | 2.19% | 10.09% | 8.54% | 7.49% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $189,338K ÷ $3,741,210K
= 5.06%
The pretax margin of LCI Industries has demonstrated fluctuations over the past five years. In 2020, the pretax margin stood at 7.49%, showing a moderate level of profitability. This improved in 2021, reaching 8.54%, indicating enhanced efficiency in generating profits before accounting for taxes. Subsequently, in 2022, the pretax margin experienced a significant increase to 10.09%, reflecting a strengthened profitability position for the company. However, there was a notable decline in 2023, with the pretax margin decreasing to 2.19%, suggesting potential challenges or inefficiencies impacting pre-tax profitability. In 2024, the pretax margin recovered to 5.06%, yet it remained below the levels observed in 2022. This trend indicates varying levels of profitability and efficiency in generating profits before the deduction of taxes over the analyzed period.
Peer comparison
Dec 31, 2024