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Side-by-side financial comparison of LCI INDUSTRIES (LCII) and OCEANEERING INTERNATIONAL INC (OII). Click either name above to swap in a different company.

LCI INDUSTRIES is the larger business by last-quarter revenue ($932.7M vs $692.4M, roughly 1.3× OCEANEERING INTERNATIONAL INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs 2.0%, a 3.2% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs 3.6%). LCI INDUSTRIES produced more free cash flow last quarter ($64.3M vs $-76.5M). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% 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.

Oceaneering International, Inc. is a subsea engineering and applied technology company based in Houston, Texas, U.S. that provides engineered services and hardware to customers who operate in marine, space, and other environments.

LCII vs OII — Head-to-Head

Bigger by revenue
LCII
LCII
1.3× larger
LCII
$932.7M
$692.4M
OII
Growing faster (revenue YoY)
LCII
LCII
+12.6% gap
LCII
16.1%
3.6%
OII
Higher net margin
OII
OII
3.2% more per $
OII
5.2%
2.0%
LCII
More free cash flow
LCII
LCII
$140.8M more FCF
LCII
$64.3M
$-76.5M
OII
Faster 2-yr revenue CAGR
OII
OII
Annualised
OII
1.8%
-1.8%
LCII

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LCII
LCII
OII
OII
Revenue
$932.7M
$692.4M
Net Profit
$18.7M
$36.1M
Gross Margin
22.1%
Operating Margin
3.8%
Net Margin
2.0%
5.2%
Revenue YoY
16.1%
3.6%
Net Profit YoY
95.7%
-28.3%
EPS (diluted)
$0.79
$0.36

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
LCII
LCII
OII
OII
Q1 26
$692.4M
Q4 25
$932.7M
$668.6M
Q3 25
$1.0B
$742.9M
Q2 25
$1.1B
$698.2M
Q1 25
$1.0B
$674.5M
Q4 24
$803.1M
$713.5M
Q3 24
$915.5M
$679.8M
Q2 24
$1.1B
$668.8M
Net Profit
LCII
LCII
OII
OII
Q1 26
$36.1M
Q4 25
$18.7M
$177.7M
Q3 25
$62.5M
$71.3M
Q2 25
$57.6M
$54.4M
Q1 25
$49.4M
$50.4M
Q4 24
$9.5M
$56.1M
Q3 24
$35.6M
$41.2M
Q2 24
$61.2M
$35.0M
Gross Margin
LCII
LCII
OII
OII
Q1 26
Q4 25
22.1%
19.8%
Q3 25
24.4%
20.6%
Q2 25
24.4%
21.3%
Q1 25
24.1%
20.0%
Q4 24
21.1%
19.9%
Q3 24
24.0%
19.3%
Q2 24
25.3%
18.0%
Operating Margin
LCII
LCII
OII
OII
Q1 26
Q4 25
3.8%
9.8%
Q3 25
7.3%
11.6%
Q2 25
7.9%
11.3%
Q1 25
7.8%
10.9%
Q4 24
2.0%
10.9%
Q3 24
5.9%
10.5%
Q2 24
8.6%
9.0%
Net Margin
LCII
LCII
OII
OII
Q1 26
5.2%
Q4 25
2.0%
26.6%
Q3 25
6.0%
9.6%
Q2 25
5.2%
7.8%
Q1 25
4.7%
7.5%
Q4 24
1.2%
7.9%
Q3 24
3.9%
6.1%
Q2 24
5.8%
5.2%
EPS (diluted)
LCII
LCII
OII
OII
Q1 26
$0.36
Q4 25
$0.79
$1.75
Q3 25
$2.55
$0.71
Q2 25
$2.29
$0.54
Q1 25
$1.94
$0.49
Q4 24
$0.37
$0.55
Q3 24
$1.39
$0.40
Q2 24
$2.40
$0.34

Balance Sheet & Financial Strength

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

Metric
LCII
LCII
OII
OII
Cash + ST InvestmentsLiquidity on hand
$222.6M
Total DebtLower is stronger
$945.2M
$488.8M
Stockholders' EquityBook value
$1.4B
$1.1B
Total Assets
$3.2B
$2.6B
Debt / EquityLower = less leverage
0.69×
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCII
LCII
OII
OII
Q1 26
Q4 25
$222.6M
$695.9M
Q3 25
$199.7M
$7.0M
Q2 25
$191.9M
$7.0M
Q1 25
$231.2M
$7.0M
Q4 24
$165.8M
$504.5M
Q3 24
$161.2M
Q2 24
$130.4M
Total Debt
LCII
LCII
OII
OII
Q1 26
$488.8M
Q4 25
$945.2M
$487.4M
Q3 25
$947.8M
Q2 25
$948.0M
Q1 25
$938.3M
Q4 24
$757.3M
$482.0M
Q3 24
$822.5M
Q2 24
$829.7M
Stockholders' Equity
LCII
LCII
OII
OII
Q1 26
$1.1B
Q4 25
$1.4B
$1.1B
Q3 25
$1.4B
$907.7M
Q2 25
$1.4B
$842.1M
Q1 25
$1.4B
$773.1M
Q4 24
$1.4B
$714.3M
Q3 24
$1.4B
$698.0M
Q2 24
$1.4B
$651.0M
Total Assets
LCII
LCII
OII
OII
Q1 26
$2.6B
Q4 25
$3.2B
$2.7B
Q3 25
$3.2B
$2.5B
Q2 25
$3.2B
$2.3B
Q1 25
$3.1B
$2.3B
Q4 24
$2.9B
$2.3B
Q3 24
$3.0B
$2.4B
Q2 24
$3.0B
$2.3B
Debt / Equity
LCII
LCII
OII
OII
Q1 26
0.44×
Q4 25
0.69×
0.46×
Q3 25
0.70×
Q2 25
0.68×
Q1 25
0.69×
Q4 24
0.55×
0.67×
Q3 24
0.58×
Q2 24
0.60×

Cash Flow & Capital Efficiency

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

Metric
LCII
LCII
OII
OII
Operating Cash FlowLast quarter
$78.9M
Free Cash FlowOCF − Capex
$64.3M
$-76.5M
FCF MarginFCF / Revenue
6.9%
-11.1%
Capex IntensityCapex / Revenue
1.6%
2.5%
Cash ConversionOCF / Net Profit
4.22×
TTM Free Cash FlowTrailing 4 quarters
$278.3M
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCII
LCII
OII
OII
Q1 26
Q4 25
$78.9M
$221.1M
Q3 25
$97.2M
$101.3M
Q2 25
$112.2M
$77.2M
Q1 25
$42.7M
$-80.7M
Q4 24
$106.6M
$128.4M
Q3 24
$78.4M
$91.9M
Q2 24
$192.9M
$52.6M
Free Cash Flow
LCII
LCII
OII
OII
Q1 26
$-76.5M
Q4 25
$64.3M
$190.7M
Q3 25
$80.9M
$77.0M
Q2 25
$99.5M
$46.9M
Q1 25
$33.7M
$-106.8M
Q4 24
$95.7M
$94.5M
Q3 24
$68.3M
$67.0M
Q2 24
$180.2M
$29.8M
FCF Margin
LCII
LCII
OII
OII
Q1 26
-11.1%
Q4 25
6.9%
28.5%
Q3 25
7.8%
10.4%
Q2 25
9.0%
6.7%
Q1 25
3.2%
-15.8%
Q4 24
11.9%
13.2%
Q3 24
7.5%
9.9%
Q2 24
17.1%
4.5%
Capex Intensity
LCII
LCII
OII
OII
Q1 26
2.5%
Q4 25
1.6%
4.6%
Q3 25
1.6%
3.3%
Q2 25
1.2%
4.3%
Q1 25
0.9%
3.9%
Q4 24
1.4%
4.7%
Q3 24
1.1%
3.7%
Q2 24
1.2%
3.4%
Cash Conversion
LCII
LCII
OII
OII
Q1 26
Q4 25
4.22×
1.24×
Q3 25
1.55×
1.42×
Q2 25
1.95×
1.42×
Q1 25
0.86×
-1.60×
Q4 24
11.17×
2.29×
Q3 24
2.20×
2.23×
Q2 24
3.15×
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

OII
OII

Segment breakdown not available.

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