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Side-by-side financial comparison of Equity Residential (EQR) and LCI INDUSTRIES (LCII). Click either name above to swap in a different company.

LCI INDUSTRIES is the larger business by last-quarter revenue ($932.7M vs $781.9M, roughly 1.2× Equity Residential). Equity Residential runs the higher net margin — 48.9% vs 2.0%, a 46.9% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs 2.0%). Over the past eight quarters, Equity Residential's revenue compounded faster (3.4% CAGR vs -1.8%).

Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.

Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.

EQR vs LCII — Head-to-Head

Bigger by revenue
LCII
LCII
1.2× larger
LCII
$932.7M
$781.9M
EQR
Growing faster (revenue YoY)
LCII
LCII
+14.2% gap
LCII
16.1%
2.0%
EQR
Higher net margin
EQR
EQR
46.9% more per $
EQR
48.9%
2.0%
LCII
Faster 2-yr revenue CAGR
EQR
EQR
Annualised
EQR
3.4%
-1.8%
LCII

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EQR
EQR
LCII
LCII
Revenue
$781.9M
$932.7M
Net Profit
$382.1M
$18.7M
Gross Margin
22.1%
Operating Margin
50.6%
3.8%
Net Margin
48.9%
2.0%
Revenue YoY
2.0%
16.1%
Net Profit YoY
-8.8%
95.7%
EPS (diluted)
$1.01
$0.79

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQR
EQR
LCII
LCII
Q4 25
$781.9M
$932.7M
Q3 25
$782.4M
$1.0B
Q2 25
$768.8M
$1.1B
Q1 25
$760.8M
$1.0B
Q4 24
$766.8M
$803.1M
Q3 24
$748.3M
$915.5M
Q2 24
$734.2M
$1.1B
Q1 24
$730.8M
$968.0M
Net Profit
EQR
EQR
LCII
LCII
Q4 25
$382.1M
$18.7M
Q3 25
$289.1M
$62.5M
Q2 25
$192.4M
$57.6M
Q1 25
$256.6M
$49.4M
Q4 24
$419.1M
$9.5M
Q3 24
$143.4M
$35.6M
Q2 24
$177.5M
$61.2M
Q1 24
$295.8M
$36.5M
Gross Margin
EQR
EQR
LCII
LCII
Q4 25
22.1%
Q3 25
24.4%
Q2 25
24.4%
Q1 25
24.1%
Q4 24
21.1%
Q3 24
24.0%
Q2 24
25.3%
Q1 24
23.1%
Operating Margin
EQR
EQR
LCII
LCII
Q4 25
50.6%
3.8%
Q3 25
38.5%
7.3%
Q2 25
26.6%
7.9%
Q1 25
35.7%
7.8%
Q4 24
57.2%
2.0%
Q3 24
20.1%
5.9%
Q2 24
25.3%
8.6%
Q1 24
42.0%
6.0%
Net Margin
EQR
EQR
LCII
LCII
Q4 25
48.9%
2.0%
Q3 25
36.9%
6.0%
Q2 25
25.0%
5.2%
Q1 25
33.7%
4.7%
Q4 24
54.7%
1.2%
Q3 24
19.2%
3.9%
Q2 24
24.2%
5.8%
Q1 24
40.5%
3.8%
EPS (diluted)
EQR
EQR
LCII
LCII
Q4 25
$1.01
$0.79
Q3 25
$0.76
$2.55
Q2 25
$0.50
$2.29
Q1 25
$0.67
$1.94
Q4 24
$1.10
$0.37
Q3 24
$0.38
$1.39
Q2 24
$0.47
$2.40
Q1 24
$0.77
$1.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQR
EQR
LCII
LCII
Cash + ST InvestmentsLiquidity on hand
$55.9M
$222.6M
Total DebtLower is stronger
$8.2B
$945.2M
Stockholders' EquityBook value
$11.0B
$1.4B
Total Assets
$20.7B
$3.2B
Debt / EquityLower = less leverage
0.75×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQR
EQR
LCII
LCII
Q4 25
$55.9M
$222.6M
Q3 25
$93.1M
$199.7M
Q2 25
$31.3M
$191.9M
Q1 25
$39.8M
$231.2M
Q4 24
$62.3M
$165.8M
Q3 24
$28.6M
$161.2M
Q2 24
$38.3M
$130.4M
Q1 24
$44.5M
$22.6M
Total Debt
EQR
EQR
LCII
LCII
Q4 25
$8.2B
$945.2M
Q3 25
$947.8M
Q2 25
$948.0M
Q1 25
$938.3M
Q4 24
$8.2B
$757.3M
Q3 24
$822.5M
Q2 24
$829.7M
Q1 24
$855.3M
Stockholders' Equity
EQR
EQR
LCII
LCII
Q4 25
$11.0B
$1.4B
Q3 25
$11.1B
$1.4B
Q2 25
$11.0B
$1.4B
Q1 25
$11.0B
$1.4B
Q4 24
$11.0B
$1.4B
Q3 24
$10.9B
$1.4B
Q2 24
$11.0B
$1.4B
Q1 24
$11.1B
$1.4B
Total Assets
EQR
EQR
LCII
LCII
Q4 25
$20.7B
$3.2B
Q3 25
$21.1B
$3.2B
Q2 25
$21.0B
$3.2B
Q1 25
$20.6B
$3.1B
Q4 24
$20.8B
$2.9B
Q3 24
$20.9B
$3.0B
Q2 24
$19.8B
$3.0B
Q1 24
$19.9B
$3.0B
Debt / Equity
EQR
EQR
LCII
LCII
Q4 25
0.75×
0.69×
Q3 25
0.70×
Q2 25
0.68×
Q1 25
0.69×
Q4 24
0.74×
0.55×
Q3 24
0.58×
Q2 24
0.60×
Q1 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQR
EQR
LCII
LCII
Operating Cash FlowLast quarter
$387.0M
$78.9M
Free Cash FlowOCF − Capex
$64.3M
FCF MarginFCF / Revenue
6.9%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
1.01×
4.22×
TTM Free Cash FlowTrailing 4 quarters
$278.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQR
EQR
LCII
LCII
Q4 25
$387.0M
$78.9M
Q3 25
$476.7M
$97.2M
Q2 25
$359.5M
$112.2M
Q1 25
$425.5M
$42.7M
Q4 24
$354.2M
$106.6M
Q3 24
$401.4M
$78.4M
Q2 24
$396.9M
$192.9M
Q1 24
$421.0M
$-7.7M
Free Cash Flow
EQR
EQR
LCII
LCII
Q4 25
$64.3M
Q3 25
$80.9M
Q2 25
$99.5M
Q1 25
$33.7M
Q4 24
$95.7M
Q3 24
$68.3M
Q2 24
$180.2M
Q1 24
$-16.3M
FCF Margin
EQR
EQR
LCII
LCII
Q4 25
6.9%
Q3 25
7.8%
Q2 25
9.0%
Q1 25
3.2%
Q4 24
11.9%
Q3 24
7.5%
Q2 24
17.1%
Q1 24
-1.7%
Capex Intensity
EQR
EQR
LCII
LCII
Q4 25
1.6%
Q3 25
1.6%
Q2 25
1.2%
Q1 25
0.9%
Q4 24
1.4%
Q3 24
1.1%
Q2 24
1.2%
Q1 24
0.9%
Cash Conversion
EQR
EQR
LCII
LCII
Q4 25
1.01×
4.22×
Q3 25
1.65×
1.55×
Q2 25
1.87×
1.95×
Q1 25
1.66×
0.86×
Q4 24
0.85×
11.17×
Q3 24
2.80×
2.20×
Q2 24
2.24×
3.15×
Q1 24
1.42×
-0.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EQR
EQR

Segment breakdown not available.

LCII
LCII

Travel Trailer And Fifth Wheels$378.4M41%
Chassis Chassis Partsand Slideout Mechanisms$206.1M22%
Furnitureand Mattresses$120.4M13%
Appliances$69.9M7%
Other Products$69.1M7%
Axlesand Suspension Solutions$62.3M7%
Motorhomes$34.2M4%

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