LCI Industries (LCII)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,386,890 | 1,355,040 | 1,381,010 | 1,092,880 | 908,326 |
| ROE | 10.30% | 4.74% | 28.60% | 26.33% | 17.44% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $142,867K ÷ $1,386,890K
= 10.30%
Based on the provided data, LCI Industries' Return on Equity (ROE) has exhibited fluctuations over the past five years. The ROE increased from 17.44% as of December 31, 2020, to 28.60% as of December 31, 2022, marking a significant improvement.
However, in the subsequent year, the ROE experienced a notable decline to 4.74% as of December 31, 2023. This downward trend continued in the following year, with the ROE standing at 10.30% as of December 31, 2024.
The varying ROE figures suggest that LCI Industries' profitability in relation to shareholder's equity has been inconsistent. It is crucial for stakeholders to assess the reasons behind these fluctuations to determine the company's financial performance and efficiency in utilizing equity to generate profits.
Peer comparison
Dec 31, 2024