LCI Industries (LCII)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 142,867 | 130,943 | 121,218 | 93,481 | 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 |
| Total stockholders’ equity | US$ in thousands | 1,386,890 | 1,418,320 | 1,394,410 | 1,356,880 | 1,355,040 | 1,372,140 | 1,370,900 | 1,359,510 | 1,381,010 | 1,423,560 | 1,394,360 | 1,259,250 | 1,092,880 | 1,031,140 | 986,176 | 959,587 | 908,326 | 875,562 | 816,630 | 807,803 |
| ROE | 10.30% | 9.23% | 8.69% | 6.89% | 4.74% | 3.60% | 6.20% | 15.16% | 28.60% | 34.73% | 35.60% | 32.54% | 26.33% | 24.64% | 26.27% | 21.30% | 17.44% | 15.82% | 12.98% | 17.38% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $142,867K ÷ $1,386,890K
= 10.30%
Return on equity (ROE) is a key financial metric that measures a company's profitability and efficiency in generating profits from shareholders' equity. Analyzing the ROE trend of LCI Industries over the past few years provides valuable insights into the company's performance.
From March 31, 2020, to June 30, 2021, LCI Industries experienced a consistent increase in ROE, demonstrating improving profitability and efficiency in utilizing shareholder equity. ROE increased from 17.38% to 26.27% during this period, indicating the company was generating higher returns for its shareholders.
However, there was a slight dip in ROE in the subsequent quarters, with a decrease to 24.64% by September 30, 2021, and a further decline to 15.16% by March 31, 2023. This decline may suggest challenges in maintaining the previous levels of profitability and efficiency.
The trend then shows some fluctuation, with a gradual recovery in ROE to 10.30% by December 31, 2024, after hitting a low of 3.60% on September 30, 2023. This recovery indicates efforts by the company to improve its profitability and operational efficiency.
Overall, the trend in LCI Industries' ROE indicates periods of both growth and decline in profitability and efficiency. It is essential for stakeholders to monitor these fluctuations closely to assess the company's performance and management of shareholder equity effectively.
Peer comparison
Dec 31, 2024