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LCI Industries (LCI Industries) ROE % : -0.70% (As of Dec. 2023)


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What is LCI Industries ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. LCI Industries's annualized net income for the quarter that ended in Dec. 2023 was $-10 Mil. LCI Industries's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,364 Mil. Therefore, LCI Industries's annualized ROE % for the quarter that ended in Dec. 2023 was -0.70%.

The historical rank and industry rank for LCI Industries's ROE % or its related term are showing as below:

LCII' s ROE % Range Over the Past 10 Years
Min: 4.69   Med: 20.65   Max: 31.93
Current: 4.69

During the past 13 years, LCI Industries's highest ROE % was 31.93%. The lowest was 4.69%. And the median was 20.65%.

LCII's ROE % is ranked worse than
60.71% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 7.49 vs LCII: 4.69

LCI Industries ROE % Historical Data

The historical data trend for LCI Industries's ROE % 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 ROE % Chart

LCI Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.44 18.54 28.76 31.93 4.69

LCI Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 -4.89 2.12 9.79 7.55 -0.70

Competitive Comparison of LCI Industries's ROE %

For the Recreational Vehicles subindustry, LCI Industries's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LCI Industries's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's ROE % distribution charts can be found below:

* The bar in red indicates where LCI Industries's ROE % falls into.



LCI Industries ROE % Calculation

LCI Industries's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=64.195/( (1381.008+1355.036)/ 2 )
=64.195/1368.022
=4.69 %

LCI Industries's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-9.508/( (1372.14+1355.036)/ 2 )
=-9.508/1363.588
=-0.70 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


LCI Industries  (NYSE:LCII) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-9.508/1363.588
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-9.508 / 3350.176)*(3350.176 / 2996.563)*(2996.563 / 1363.588)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.28 %*1.118*2.1976
=ROA %*Equity Multiplier
=-0.31 %*2.1976
=-0.70 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-9.508/1363.588
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-9.508 / -27.34) * (-27.34 / 10.484) * (10.484 / 3350.176) * (3350.176 / 2996.563) * (2996.563 / 1363.588)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3478 * -2.6078 * 0.31 % * 1.118 * 2.1976
=-0.70 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


LCI Industries ROE % Related Terms

Thank you for viewing the detailed overview of LCI Industries's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


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