LCI Industries Reports Strong Q1 2025 Growth

Lci Industries ( (LCII) ) has released its Q1 earnings. Here is a breakdown of the information Lci Industries presented to its investors.

LCI Industries, a prominent supplier of engineered components to the outdoor recreation and transportation markets, has reported its financial results for the first quarter of 2025, showcasing significant growth and strategic advancements.

The company achieved net sales of $1 billion in the first quarter, marking an 8% increase year-over-year. Net income rose to $49.4 million, a 35% increase from the previous year, while adjusted EBITDA reached $110.9 million, up 23% year-over-year. LCI Industries also completed strategic acquisitions of Trans/Air and Freedman Seating, enhancing its position in the bus and specialty vehicle markets.

Key financial highlights include a 7.8% operating profit margin, an improvement from 6.0% in the previous year, and a strong liquidity position with $231 million in cash and cash equivalents. The company also refinanced its long-term debt, extending maturities and enhancing financial flexibility. The OEM segment saw a 15% increase in RV OEM net sales, driven by market share gains and increased shipments.

The aftermarket segment experienced a 6% rise in net sales, although operating profit margins decreased due to changes in product sales mix and investments in capacity. Despite these challenges, the company’s strategic focus on innovation and market expansion continues to drive growth.

Looking ahead, LCI Industries remains committed to achieving its $5 billion organic revenue goal by 2027, with a focus on optimizing infrastructure and maintaining operational excellence amid changing macroeconomic conditions.