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LCI Industries (LCI Industries) Net Income : $64 Mil (TTM As of Dec. 2023)


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What is LCI Industries Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. LCI Industries's Net Income for the three months ended in Dec. 2023 was $-2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $64 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. LCI Industries's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.09.


LCI Industries Net Income Historical Data

The historical data trend for LCI Industries's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LCI Industries Net Income Chart

LCI Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.51 158.44 287.74 394.97 64.20

LCI Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.13 7.26 33.43 25.89 -2.38

LCI Industries Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

LCI Industries's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=83.004+-18.809+0+-1.4210854715202E-14
=64

LCI Industries's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-6.835+4.458+0+0
=-2

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $64 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LCI Industries  (NYSE:LCII) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

LCI Industries's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


LCI Industries Net Income Related Terms

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LCI Industries (LCI Industries) Business Description

Traded in Other Exchanges
Address
3501 County Road 6 East, Elkhart, IN, USA, 46514
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.
Executives
Brendan Deely director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Linda Kristine Myers director 3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Stephanie K. Mains director C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Lillian Etzkorn officer: EVP & CFO 1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Eileen S Pruitt officer: Deputy CHRO C/O LCI INDUSTRIES, 3501 COUNTRY ROAD 6 EAST, ELKHART IN 46514
Nick C Fletcher officer: CHIEF HUMAN RESOURCES OFFICER 3305 HIDDEN SPRINGS LANE, PROSPECT KY 40059
James Gero director C/O ORTHOFIX INTERNATIONAL, 3451 PLANO PARKWAY, LEWISVILLE TX 75056
Kieran M O'sullivan director 2375 CABOT DRIVE, LISLE IL 60532
Jamie Schnur officer: Chief Administrative Officer C/O LIPPERT COMPONENTS, 2703 COLLEGE AVENUE, GOSHEN IN 46526
Jason Lippert director, officer: Chief Executive Officer C/O LIPPERT COMPONENTS INC, 2375 TAMIAMI TRAIL NORTH STE 11, NAPLES FL 34103
Ryan Richard Smith officer: Group President - N.A. C/O LCI INDUSTRIES, 3501 COUNTY ROAD 6 EAST, ELKHART IN 46514
David A Reed director TEXAS INDUSTRIES INC, 1341 W MOCKINGBIRD LN, DALLAS TX 75247
Ronald Fenech director 419 WEST PIKE STREET, JACKSON CENTER OH 45334
John A. Sirpilla director C/O LCI INDUSTRIES, 3501, ELKHART IN 46514
Scott T Mereness officer: President C/O LIPPERT COMPONENTS, INC., 2766 COLLEGE AVENUE, GOSHEN IN 46528

LCI Industries (LCI Industries) Headlines

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