LCI Industries (LCII)

Return on total capital

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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 148,215 150,836 196,426 160,996 123,428 97,770 139,702 271,417 521,075 545,766 547,268 454,361 286,091 347,890 353,299 280,099 222,934 197,126 151,846 196,721
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
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
Return on total capital 10.69% 10.63% 14.09% 11.87% 9.11% 7.13% 10.19% 19.96% 37.73% 38.34% 39.25% 36.08% 26.18% 33.74% 35.83% 29.19% 24.54% 22.51% 18.59% 24.35%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $148,215K ÷ ($—K + $1,386,890K)
= 10.69%

LCI Industries' return on total capital has fluctuated over the analyzed period from March 31, 2020, to December 31, 2024. The ratio started at 24.35% in March 2020, which decreased to 18.59% by June 2020. Subsequently, there was an improvement as it reached 22.51% in September 2020 and peaked at 36.08% in March 2022. However, the ratio then experienced a decline, dropping to 10.19% by June 2023. It showed a slight recovery but remained relatively low at 10.69% by December 2024. This performance indicates variability in the company's ability to generate returns in relation to the total capital employed during the period under consideration.