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Side-by-side financial comparison of LCI INDUSTRIES (LCII) and MSCI Inc. (MSCI). Click either name above to swap in a different company.
LCI INDUSTRIES is the larger business by last-quarter revenue ($932.7M vs $822.5M, roughly 1.1× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 2.0%, a 32.6% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $64.3M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% CAGR vs -1.8%).
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.
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
LCII vs MSCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $932.7M | $822.5M |
| Net Profit | $18.7M | $284.7M |
| Gross Margin | 22.1% | — |
| Operating Margin | 3.8% | 56.4% |
| Net Margin | 2.0% | 34.6% |
| Revenue YoY | 16.1% | 10.6% |
| Net Profit YoY | 95.7% | -6.8% |
| EPS (diluted) | $0.79 | $3.81 |
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.
| Q4 25 | $932.7M | $822.5M | ||
| Q3 25 | $1.0B | $793.4M | ||
| Q2 25 | $1.1B | $772.7M | ||
| Q1 25 | $1.0B | $745.8M | ||
| Q4 24 | $803.1M | $743.5M | ||
| Q3 24 | $915.5M | $724.7M | ||
| Q2 24 | $1.1B | $707.9M | ||
| Q1 24 | $968.0M | $680.0M |
| Q4 25 | $18.7M | $284.7M | ||
| Q3 25 | $62.5M | $325.4M | ||
| Q2 25 | $57.6M | $303.6M | ||
| Q1 25 | $49.4M | $288.6M | ||
| Q4 24 | $9.5M | $305.5M | ||
| Q3 24 | $35.6M | $280.9M | ||
| Q2 24 | $61.2M | $266.8M | ||
| Q1 24 | $36.5M | $256.0M |
| 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% | — |
| Q4 25 | 3.8% | 56.4% | ||
| Q3 25 | 7.3% | 56.4% | ||
| Q2 25 | 7.9% | 55.0% | ||
| Q1 25 | 7.8% | 50.6% | ||
| Q4 24 | 2.0% | 54.5% | ||
| Q3 24 | 5.9% | 55.4% | ||
| Q2 24 | 8.6% | 54.0% | ||
| Q1 24 | 6.0% | 49.9% |
| Q4 25 | 2.0% | 34.6% | ||
| Q3 25 | 6.0% | 41.0% | ||
| Q2 25 | 5.2% | 39.3% | ||
| Q1 25 | 4.7% | 38.7% | ||
| Q4 24 | 1.2% | 41.1% | ||
| Q3 24 | 3.9% | 38.8% | ||
| Q2 24 | 5.8% | 37.7% | ||
| Q1 24 | 3.8% | 37.6% |
| Q4 25 | $0.79 | $3.81 | ||
| Q3 25 | $2.55 | $4.25 | ||
| Q2 25 | $2.29 | $3.92 | ||
| Q1 25 | $1.94 | $3.71 | ||
| Q4 24 | $0.37 | $3.89 | ||
| Q3 24 | $1.39 | $3.57 | ||
| Q2 24 | $2.40 | $3.37 | ||
| Q1 24 | $1.44 | $3.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $222.6M | $515.3M |
| Total DebtLower is stronger | $945.2M | $6.2B |
| Stockholders' EquityBook value | $1.4B | $-2.7B |
| Total Assets | $3.2B | $5.7B |
| Debt / EquityLower = less leverage | 0.69× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $222.6M | $515.3M | ||
| Q3 25 | $199.7M | $400.1M | ||
| Q2 25 | $191.9M | $347.3M | ||
| Q1 25 | $231.2M | $360.7M | ||
| Q4 24 | $165.8M | $409.4M | ||
| Q3 24 | $161.2M | $501.0M | ||
| Q2 24 | $130.4M | $451.4M | ||
| Q1 24 | $22.6M | $519.3M |
| Q4 25 | $945.2M | $6.2B | ||
| Q3 25 | $947.8M | $5.5B | ||
| Q2 25 | $948.0M | $4.5B | ||
| Q1 25 | $938.3M | $4.5B | ||
| Q4 24 | $757.3M | $4.5B | ||
| Q3 24 | $822.5M | $4.5B | ||
| Q2 24 | $829.7M | $4.5B | ||
| Q1 24 | $855.3M | $4.5B |
| Q4 25 | $1.4B | $-2.7B | ||
| Q3 25 | $1.4B | $-1.9B | ||
| Q2 25 | $1.4B | $-886.2M | ||
| Q1 25 | $1.4B | $-958.6M | ||
| Q4 24 | $1.4B | $-940.0M | ||
| Q3 24 | $1.4B | $-751.0M | ||
| Q2 24 | $1.4B | $-734.5M | ||
| Q1 24 | $1.4B | $-650.5M |
| Q4 25 | $3.2B | $5.7B | ||
| Q3 25 | $3.2B | $5.4B | ||
| Q2 25 | $3.2B | $5.4B | ||
| Q1 25 | $3.1B | $5.3B | ||
| Q4 24 | $2.9B | $5.4B | ||
| Q3 24 | $3.0B | $5.4B | ||
| Q2 24 | $3.0B | $5.5B | ||
| Q1 24 | $3.0B | $5.5B |
| Q4 25 | 0.69× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $78.9M | $501.1M |
| Free Cash FlowOCF − Capex | $64.3M | $488.7M |
| FCF MarginFCF / Revenue | 6.9% | 59.4% |
| Capex IntensityCapex / Revenue | 1.6% | 1.5% |
| Cash ConversionOCF / Net Profit | 4.22× | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $278.3M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $78.9M | $501.1M | ||
| Q3 25 | $97.2M | $449.4M | ||
| Q2 25 | $112.2M | $336.1M | ||
| Q1 25 | $42.7M | $301.7M | ||
| Q4 24 | $106.6M | $430.6M | ||
| Q3 24 | $78.4M | $421.6M | ||
| Q2 24 | $192.9M | $349.2M | ||
| Q1 24 | $-7.7M | $300.1M |
| Q4 25 | $64.3M | $488.7M | ||
| Q3 25 | $80.9M | $445.5M | ||
| Q2 25 | $99.5M | $324.7M | ||
| Q1 25 | $33.7M | $290.2M | ||
| Q4 24 | $95.7M | $416.4M | ||
| Q3 24 | $68.3M | $415.0M | ||
| Q2 24 | $180.2M | $340.6M | ||
| Q1 24 | $-16.3M | $295.9M |
| Q4 25 | 6.9% | 59.4% | ||
| Q3 25 | 7.8% | 56.2% | ||
| Q2 25 | 9.0% | 42.0% | ||
| Q1 25 | 3.2% | 38.9% | ||
| Q4 24 | 11.9% | 56.0% | ||
| Q3 24 | 7.5% | 57.3% | ||
| Q2 24 | 17.1% | 48.1% | ||
| Q1 24 | -1.7% | 43.5% |
| Q4 25 | 1.6% | 1.5% | ||
| Q3 25 | 1.6% | 0.5% | ||
| Q2 25 | 1.2% | 1.5% | ||
| Q1 25 | 0.9% | 1.5% | ||
| Q4 24 | 1.4% | 1.9% | ||
| Q3 24 | 1.1% | 0.9% | ||
| Q2 24 | 1.2% | 1.2% | ||
| Q1 24 | 0.9% | 0.6% |
| Q4 25 | 4.22× | 1.76× | ||
| Q3 25 | 1.55× | 1.38× | ||
| Q2 25 | 1.95× | 1.11× | ||
| Q1 25 | 0.86× | 1.05× | ||
| Q4 24 | 11.17× | 1.41× | ||
| Q3 24 | 2.20× | 1.50× | ||
| Q2 24 | 3.15× | 1.31× | ||
| Q1 24 | -0.21× | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |