vs

Side-by-side financial comparison of LCI INDUSTRIES (LCII) and Qnity Electronics, Inc. (Q). Click either name above to swap in a different company.

Qnity Electronics, Inc. is the larger business by last-quarter revenue ($1.3B vs $932.7M, roughly 1.4× LCI INDUSTRIES). Qnity Electronics, Inc. runs the higher net margin — 16.5% vs 2.0%, a 14.5% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs 11.1%). Qnity Electronics, Inc. produced more free cash flow last quarter ($568.0M vs $64.3M).

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.

LCII vs Q — Head-to-Head

Bigger by revenue
Q
Q
1.4× larger
Q
$1.3B
$932.7M
LCII
Growing faster (revenue YoY)
LCII
LCII
+5.0% gap
LCII
16.1%
11.1%
Q
Higher net margin
Q
Q
14.5% more per $
Q
16.5%
2.0%
LCII
More free cash flow
Q
Q
$503.7M more FCF
Q
$568.0M
$64.3M
LCII

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LCII
LCII
Q
Q
Revenue
$932.7M
$1.3B
Net Profit
$18.7M
$211.0M
Gross Margin
22.1%
45.1%
Operating Margin
3.8%
21.3%
Net Margin
2.0%
16.5%
Revenue YoY
16.1%
11.1%
Net Profit YoY
95.7%
6.0%
EPS (diluted)
$0.79
$1.01

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
Q
Q
Q4 25
$932.7M
Q3 25
$1.0B
$1.3B
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$803.1M
Q3 24
$915.5M
$1.1B
Q2 24
$1.1B
Q1 24
$968.0M
Net Profit
LCII
LCII
Q
Q
Q4 25
$18.7M
Q3 25
$62.5M
$211.0M
Q2 25
$57.6M
Q1 25
$49.4M
Q4 24
$9.5M
Q3 24
$35.6M
$199.0M
Q2 24
$61.2M
Q1 24
$36.5M
Gross Margin
LCII
LCII
Q
Q
Q4 25
22.1%
Q3 25
24.4%
45.1%
Q2 25
24.4%
Q1 25
24.1%
Q4 24
21.1%
Q3 24
24.0%
47.0%
Q2 24
25.3%
Q1 24
23.1%
Operating Margin
LCII
LCII
Q
Q
Q4 25
3.8%
Q3 25
7.3%
21.3%
Q2 25
7.9%
Q1 25
7.8%
Q4 24
2.0%
Q3 24
5.9%
21.8%
Q2 24
8.6%
Q1 24
6.0%
Net Margin
LCII
LCII
Q
Q
Q4 25
2.0%
Q3 25
6.0%
16.5%
Q2 25
5.2%
Q1 25
4.7%
Q4 24
1.2%
Q3 24
3.9%
17.3%
Q2 24
5.8%
Q1 24
3.8%
EPS (diluted)
LCII
LCII
Q
Q
Q4 25
$0.79
Q3 25
$2.55
$1.01
Q2 25
$2.29
Q1 25
$1.94
Q4 24
$0.37
Q3 24
$1.39
$0.95
Q2 24
$2.40
Q1 24
$1.44

Balance Sheet & Financial Strength

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

Metric
LCII
LCII
Q
Q
Cash + ST InvestmentsLiquidity on hand
$222.6M
$128.0M
Total DebtLower is stronger
$945.2M
$1.7B
Stockholders' EquityBook value
$1.4B
$9.1B
Total Assets
$3.2B
$12.5B
Debt / EquityLower = less leverage
0.69×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCII
LCII
Q
Q
Q4 25
$222.6M
Q3 25
$199.7M
$128.0M
Q2 25
$191.9M
Q1 25
$231.2M
Q4 24
$165.8M
Q3 24
$161.2M
Q2 24
$130.4M
Q1 24
$22.6M
Total Debt
LCII
LCII
Q
Q
Q4 25
$945.2M
Q3 25
$947.8M
$1.7B
Q2 25
$948.0M
Q1 25
$938.3M
Q4 24
$757.3M
Q3 24
$822.5M
Q2 24
$829.7M
Q1 24
$855.3M
Stockholders' Equity
LCII
LCII
Q
Q
Q4 25
$1.4B
Q3 25
$1.4B
$9.1B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
$11.1B
Q2 24
$1.4B
Q1 24
$1.4B
Total Assets
LCII
LCII
Q
Q
Q4 25
$3.2B
Q3 25
$3.2B
$12.5B
Q2 25
$3.2B
Q1 25
$3.1B
Q4 24
$2.9B
Q3 24
$3.0B
Q2 24
$3.0B
Q1 24
$3.0B
Debt / Equity
LCII
LCII
Q
Q
Q4 25
0.69×
Q3 25
0.70×
0.19×
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
LCII
LCII
Q
Q
Operating Cash FlowLast quarter
$78.9M
$782.0M
Free Cash FlowOCF − Capex
$64.3M
$568.0M
FCF MarginFCF / Revenue
6.9%
44.5%
Capex IntensityCapex / Revenue
1.6%
16.8%
Cash ConversionOCF / Net Profit
4.22×
3.71×
TTM Free Cash FlowTrailing 4 quarters
$278.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCII
LCII
Q
Q
Q4 25
$78.9M
Q3 25
$97.2M
$782.0M
Q2 25
$112.2M
Q1 25
$42.7M
Q4 24
$106.6M
Q3 24
$78.4M
Q2 24
$192.9M
Q1 24
$-7.7M
Free Cash Flow
LCII
LCII
Q
Q
Q4 25
$64.3M
Q3 25
$80.9M
$568.0M
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
LCII
LCII
Q
Q
Q4 25
6.9%
Q3 25
7.8%
44.5%
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
LCII
LCII
Q
Q
Q4 25
1.6%
Q3 25
1.6%
16.8%
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
LCII
LCII
Q
Q
Q4 25
4.22×
Q3 25
1.55×
3.71×
Q2 25
1.95×
Q1 25
0.86×
Q4 24
11.17×
Q3 24
2.20×
Q2 24
3.15×
Q1 24
-0.21×

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%

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

Related Comparisons