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LCI Industries (STU:0DI) Gross Profit : €753 Mil (TTM As of Mar. 2024)


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What is LCI Industries Gross Profit?

LCI Industries's gross profit for the three months ended in Mar. 2024 was €206 Mil. LCI Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €753 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. LCI Industries's gross profit for the three months ended in Mar. 2024 was €206 Mil. LCI Industries's Revenue for the three months ended in Mar. 2024 was €891 Mil. Therefore, LCI Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 23.13%.

LCI Industries had a gross margin of 23.13% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of LCI Industries was 25.55%. The lowest was 20.51%. And the median was 22.85%.


LCI Industries Gross Profit Historical Data

The historical data trend for LCI Industries's Gross Profit 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 Gross Profit Chart

LCI Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 485.28 580.41 923.09 1,201.99 711.77

LCI Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 173.79 201.33 197.66 147.68 205.99

Competitive Comparison of LCI Industries's Gross Profit

For the Recreational Vehicles subindustry, LCI Industries's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where LCI Industries's Gross Profit falls into.



LCI Industries Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

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

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3470.669 - 2758.903
=712

LCI Industries's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=890.587 - 684.593
=206

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €753 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

LCI Industries's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=206 / 890.587
=23.13 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


LCI Industries  (STU:0DI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

LCI Industries had a gross margin of 23.13% for the quarter that ended in Mar. 2024 => Competition eroding margins


LCI Industries Gross Profit Related Terms

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LCI Industries (STU:0DI) 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.

LCI Industries (STU:0DI) Headlines

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