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Side-by-side financial comparison of LCI INDUSTRIES (LCII) and T. Rowe Price (TROW). Click either name above to swap in a different company.

T. Rowe Price is the larger business by last-quarter revenue ($1.9B vs $932.7M, roughly 2.0× LCI INDUSTRIES). T. Rowe Price runs the higher net margin — 26.1% vs 2.0%, a 24.1% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs -4.0%). Over the past eight quarters, T. Rowe Price's revenue compounded faster (3.5% 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.

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies.

LCII vs TROW — Head-to-Head

Bigger by revenue
TROW
TROW
2.0× larger
TROW
$1.9B
$932.7M
LCII
Growing faster (revenue YoY)
LCII
LCII
+20.1% gap
LCII
16.1%
-4.0%
TROW
Higher net margin
TROW
TROW
24.1% more per $
TROW
26.1%
2.0%
LCII
Faster 2-yr revenue CAGR
TROW
TROW
Annualised
TROW
3.5%
-1.8%
LCII

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LCII
LCII
TROW
TROW
Revenue
$932.7M
$1.9B
Net Profit
$18.7M
$484.1M
Gross Margin
22.1%
Operating Margin
3.8%
36.6%
Net Margin
2.0%
26.1%
Revenue YoY
16.1%
-4.0%
Net Profit YoY
95.7%
2.7%
EPS (diluted)
$0.79
$2.23

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
TROW
TROW
Q1 26
$1.9B
Q4 25
$932.7M
$1.9B
Q3 25
$1.0B
$1.9B
Q2 25
$1.1B
$1.7B
Q1 25
$1.0B
$1.8B
Q4 24
$803.1M
$1.8B
Q3 24
$915.5M
$1.8B
Q2 24
$1.1B
$1.7B
Net Profit
LCII
LCII
TROW
TROW
Q1 26
$484.1M
Q4 25
$18.7M
$445.3M
Q3 25
$62.5M
$646.1M
Q2 25
$57.6M
$505.2M
Q1 25
$49.4M
$490.5M
Q4 24
$9.5M
$439.9M
Q3 24
$35.6M
$603.0M
Q2 24
$61.2M
$483.4M
Gross Margin
LCII
LCII
TROW
TROW
Q1 26
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%
Operating Margin
LCII
LCII
TROW
TROW
Q1 26
36.6%
Q4 25
3.8%
24.4%
Q3 25
7.3%
34.0%
Q2 25
7.9%
27.8%
Q1 25
7.8%
33.8%
Q4 24
2.0%
31.2%
Q3 24
5.9%
34.4%
Q2 24
8.6%
32.6%
Net Margin
LCII
LCII
TROW
TROW
Q1 26
26.1%
Q4 25
2.0%
23.0%
Q3 25
6.0%
34.1%
Q2 25
5.2%
29.3%
Q1 25
4.7%
27.8%
Q4 24
1.2%
24.1%
Q3 24
3.9%
33.8%
Q2 24
5.8%
27.9%
EPS (diluted)
LCII
LCII
TROW
TROW
Q1 26
$2.23
Q4 25
$0.79
$1.98
Q3 25
$2.55
$2.87
Q2 25
$2.29
$2.24
Q1 25
$1.94
$2.15
Q4 24
$0.37
$1.91
Q3 24
$1.39
$2.64
Q2 24
$2.40
$2.11

Balance Sheet & Financial Strength

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

Metric
LCII
LCII
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$222.6M
$3.7B
Total DebtLower is stronger
$945.2M
Stockholders' EquityBook value
$1.4B
$974.7M
Total Assets
$3.2B
$14.4B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCII
LCII
TROW
TROW
Q1 26
$3.7B
Q4 25
$222.6M
$3.4B
Q3 25
$199.7M
$3.6B
Q2 25
$191.9M
$3.1B
Q1 25
$231.2M
$2.8B
Q4 24
$165.8M
$2.6B
Q3 24
$161.2M
$3.2B
Q2 24
$130.4M
$2.7B
Total Debt
LCII
LCII
TROW
TROW
Q1 26
Q4 25
$945.2M
Q3 25
$947.8M
Q2 25
$948.0M
Q1 25
$938.3M
Q4 24
$757.3M
Q3 24
$822.5M
Q2 24
$829.7M
Stockholders' Equity
LCII
LCII
TROW
TROW
Q1 26
$974.7M
Q4 25
$1.4B
$10.9B
Q3 25
$1.4B
$10.8B
Q2 25
$1.4B
$10.6B
Q1 25
$1.4B
$10.4B
Q4 24
$1.4B
$10.3B
Q3 24
$1.4B
$10.2B
Q2 24
$1.4B
$9.9B
Total Assets
LCII
LCII
TROW
TROW
Q1 26
$14.4B
Q4 25
$3.2B
$14.3B
Q3 25
$3.2B
$14.7B
Q2 25
$3.2B
$14.3B
Q1 25
$3.1B
$14.0B
Q4 24
$2.9B
$13.5B
Q3 24
$3.0B
$13.7B
Q2 24
$3.0B
$13.1B
Debt / Equity
LCII
LCII
TROW
TROW
Q1 26
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×

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCII
LCII
TROW
TROW
Q1 26
Q4 25
$78.9M
$-18.7M
Q3 25
$97.2M
$609.3M
Q2 25
$112.2M
$529.9M
Q1 25
$42.7M
$632.9M
Q4 24
$106.6M
$-281.9M
Q3 24
$78.4M
$652.5M
Q2 24
$192.9M
$677.7M
Free Cash Flow
LCII
LCII
TROW
TROW
Q1 26
Q4 25
$64.3M
$-85.4M
Q3 25
$80.9M
$546.0M
Q2 25
$99.5M
$467.7M
Q1 25
$33.7M
$550.9M
Q4 24
$95.7M
$-394.9M
Q3 24
$68.3M
$547.9M
Q2 24
$180.2M
$574.4M
FCF Margin
LCII
LCII
TROW
TROW
Q1 26
Q4 25
6.9%
-4.4%
Q3 25
7.8%
28.8%
Q2 25
9.0%
27.1%
Q1 25
3.2%
31.2%
Q4 24
11.9%
-21.6%
Q3 24
7.5%
30.7%
Q2 24
17.1%
33.1%
Capex Intensity
LCII
LCII
TROW
TROW
Q1 26
Q4 25
1.6%
3.4%
Q3 25
1.6%
3.3%
Q2 25
1.2%
3.6%
Q1 25
0.9%
4.6%
Q4 24
1.4%
6.2%
Q3 24
1.1%
5.9%
Q2 24
1.2%
6.0%
Cash Conversion
LCII
LCII
TROW
TROW
Q1 26
Q4 25
4.22×
-0.04×
Q3 25
1.55×
0.94×
Q2 25
1.95×
1.05×
Q1 25
0.86×
1.29×
Q4 24
11.17×
-0.64×
Q3 24
2.20×
1.08×
Q2 24
3.15×
1.40×

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%

TROW
TROW

Equity$974.7M52%
Multi-asset$509.1M27%
Administrative, distribution, servicing, and other fees$138.4M7%
Fixed income, including money market$111.8M6%
Alternatives$87.4M5%
Capital allocation-based income (1)$28.1M2%
Performance-based advisory fees$7.5M0%

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