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Mar 31, 2022
LCI Q1 2022 Earnings Report
LCI Industries reported record revenue and EBITDA, driven by strong operational execution and growth across Aftermarket and Marine businesses alongside RV.
Key Takeaways
LCI Industries reported a record first quarter with net sales of $1.6 billion, a 64% increase year-over-year. Net income was $196.2 million, or $7.71 per diluted share, up 165% year-over-year. The company's performance was driven by record wholesale shipments, price realization, and strong Aftermarket sales growth.
Net sales increased by 64% year-over-year to $1.6 billion.
Net income increased by 165% year-over-year to $196.2 million, or $7.71 per diluted share.
EBITDA increased by 139% year-over-year to $301.5 million.
Growth was supported by strong operational execution and focus on scalability, continuous improvement, and automation.
LCI
LCI
LCI Revenue by Segment
Revenue by Segment
Travel Trailers & Fifth-Wheels Revenue
CapyFin.comMotorhomes Revenue
CapyFin.comAdjacent Industries OEMs Revenue
CapyFin.comAftermarket Segment Revenue
CapyFin.com Forward Guidance
The company did not provide specific financial guidance for future periods in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income