LCII
LCI Industries121.53
+0.54+0.45%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Dealer caution tempers RV outlook
Q&A tempers the prepared remarks' optimism with color on shaky small/mid-sized RV dealers and inventory discipline, driving a conservative 335k-350k wholesale guide that assumes no rate cuts and a slow industry recovery toward 375k-415k normalized units. Management expects Q1 sales up ~4% like January, with margins ramping later via eight-to-ten facility consolidations and ~$75M divestitures offsetting 3% organic growth. Auto aftermarket gains from First Brands' bankruptcy look promising, though near-term investments pressure margins. Dealers pump the brakes. Tone stays confident on share gains and efficiencies amid flat markets; investors will eye retail pop and mix shifts.
Key Stats
Market Cap
2.95BP/E (TTM)
17.00Basic EPS (TTM)
7.15Dividend Yield
0.04%Recent Filings
8-K
Declares $1.15 quarterly dividend
10-K
FY2025 results
LCI Industries posted FY2025 net sales of $4.1B, up 10% y/y, with net income of $188.3M or $7.57 diluted EPS on 24.9M shares. OEM drove the surge, up 12% to $3.2B on higher RV content ($5,670 per travel trailer/fifth-wheel, +11% y/y (derived)), market share gains, and acquisitions adding $125M; margins leaped to 5.8% from 3.7% via sourcing smarts and volume leverage, while Aftermarket grew 6% to $932M but slipped to 10.3% margins amid tariffs. Q4 typically lags seasonally, yet full-year momentum signals resilience. Returned $243M to shareholders via $129M buybacks and $4.60/share dividends. Solid liquidity with $223M cash and $595M revolver space persists. Cyclical RV demand threatens quarterly momentum.
8-K
LCII Q4 sales soar 16%
LCI Industries crushed Q4 2025 with $933M net sales, up 16% year-over-year, and operating margin doubling to 3.8% on OEM surge to $737M and content per towable RV hitting $5,670. Aftermarket grew 8% to $196M amid repair cycles; bus acquisitions added $31M. 2026 guide: $4.2B-$4.3B revenue, 7.5%-8% margins via 8-10 facility consolidations. Momentum builds.
8-K
Q4 sales soared 16%
LCI Industries posted Q4 net sales up 16% to $933M, with operating profit doubling to 3.8% margin amid RV share gains and acquisitions. Full-year revenue hit $4.1B, net income rose 32% to $188M; returned $243M to shareholders. Guides 2026 revenue $4.2-4.3B, margins 7.5-8%. Acquisitions fuel diversification.
8-K
Gero retires after 33 years
IPO
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