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

Under Armour, Inc. is the larger business by last-quarter revenue ($1.3B vs $932.7M, roughly 1.4× LCI INDUSTRIES). LCI INDUSTRIES runs the higher net margin — 2.0% vs -32.4%, a 34.5% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs -5.2%). Under Armour, Inc. produced more free cash flow last quarter ($261.9M vs $64.3M). Over the past eight quarters, Under Armour, Inc.'s revenue compounded faster (-0.2% 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.

Under Armour, Inc. is an American sportswear company that manufactures footwear and apparel headquartered in Baltimore, Maryland, United States.

LCII vs UAA — Head-to-Head

Bigger by revenue
UAA
UAA
1.4× larger
UAA
$1.3B
$932.7M
LCII
Growing faster (revenue YoY)
LCII
LCII
+21.4% gap
LCII
16.1%
-5.2%
UAA
Higher net margin
LCII
LCII
34.5% more per $
LCII
2.0%
-32.4%
UAA
More free cash flow
UAA
UAA
$197.6M more FCF
UAA
$261.9M
$64.3M
LCII
Faster 2-yr revenue CAGR
UAA
UAA
Annualised
UAA
-0.2%
-1.8%
LCII

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
LCII
LCII
UAA
UAA
Revenue
$932.7M
$1.3B
Net Profit
$18.7M
$-430.8M
Gross Margin
22.1%
44.4%
Operating Margin
3.8%
-11.3%
Net Margin
2.0%
-32.4%
Revenue YoY
16.1%
-5.2%
Net Profit YoY
95.7%
-35013.0%
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
UAA
UAA
Q4 25
$932.7M
$1.3B
Q3 25
$1.0B
$1.3B
Q2 25
$1.1B
$1.1B
Q1 25
$1.0B
$1.2B
Q4 24
$803.1M
$1.4B
Q3 24
$915.5M
$1.4B
Q2 24
$1.1B
$1.2B
Q1 24
$968.0M
$1.3B
Net Profit
LCII
LCII
UAA
UAA
Q4 25
$18.7M
$-430.8M
Q3 25
$62.5M
$-18.8M
Q2 25
$57.6M
$-2.6M
Q1 25
$49.4M
$-67.5M
Q4 24
$9.5M
$1.2M
Q3 24
$35.6M
$170.4M
Q2 24
$61.2M
$-305.4M
Q1 24
$36.5M
$6.6M
Gross Margin
LCII
LCII
UAA
UAA
Q4 25
22.1%
44.4%
Q3 25
24.4%
47.3%
Q2 25
24.4%
48.2%
Q1 25
24.1%
46.7%
Q4 24
21.1%
47.5%
Q3 24
24.0%
49.8%
Q2 24
25.3%
47.5%
Q1 24
23.1%
45.0%
Operating Margin
LCII
LCII
UAA
UAA
Q4 25
3.8%
-11.3%
Q3 25
7.3%
1.3%
Q2 25
7.9%
0.3%
Q1 25
7.8%
-6.1%
Q4 24
2.0%
1.0%
Q3 24
5.9%
12.4%
Q2 24
8.6%
-25.3%
Q1 24
6.0%
-0.3%
Net Margin
LCII
LCII
UAA
UAA
Q4 25
2.0%
-32.4%
Q3 25
6.0%
-1.4%
Q2 25
5.2%
-0.2%
Q1 25
4.7%
-5.7%
Q4 24
1.2%
0.1%
Q3 24
3.9%
12.2%
Q2 24
5.8%
-25.8%
Q1 24
3.8%
0.5%
EPS (diluted)
LCII
LCII
UAA
UAA
Q4 25
$0.79
$-1.01
Q3 25
$2.55
$-0.04
Q2 25
$2.29
$-0.01
Q1 25
$1.94
$-0.16
Q4 24
$0.37
$0.00
Q3 24
$1.39
$0.39
Q2 24
$2.40
$-0.70
Q1 24
$1.44
$0.02

Balance Sheet & Financial Strength

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

Metric
LCII
LCII
UAA
UAA
Cash + ST InvestmentsLiquidity on hand
$222.6M
$464.6M
Total DebtLower is stronger
$945.2M
$989.7M
Stockholders' EquityBook value
$1.4B
$1.4B
Total Assets
$3.2B
$4.6B
Debt / EquityLower = less leverage
0.69×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCII
LCII
UAA
UAA
Q4 25
$222.6M
$464.6M
Q3 25
$199.7M
$396.0M
Q2 25
$191.9M
$911.0M
Q1 25
$231.2M
$501.4M
Q4 24
$165.8M
$726.9M
Q3 24
$161.2M
$530.7M
Q2 24
$130.4M
$884.6M
Q1 24
$22.6M
$858.7M
Total Debt
LCII
LCII
UAA
UAA
Q4 25
$945.2M
$989.7M
Q3 25
$947.8M
$1.2B
Q2 25
$948.0M
$989.2M
Q1 25
$938.3M
$595.1M
Q4 24
$757.3M
$595.2M
Q3 24
$822.5M
$594.6M
Q2 24
$829.7M
$595.4M
Q1 24
$855.3M
$675.8M
Stockholders' Equity
LCII
LCII
UAA
UAA
Q4 25
$1.4B
$1.4B
Q3 25
$1.4B
$1.9B
Q2 25
$1.4B
$1.9B
Q1 25
$1.4B
$1.9B
Q4 24
$1.4B
$2.0B
Q3 24
$1.4B
$2.0B
Q2 24
$1.4B
$1.8B
Q1 24
$1.4B
$2.2B
Total Assets
LCII
LCII
UAA
UAA
Q4 25
$3.2B
$4.6B
Q3 25
$3.2B
$4.9B
Q2 25
$3.2B
$4.9B
Q1 25
$3.1B
$4.3B
Q4 24
$2.9B
$4.6B
Q3 24
$3.0B
$4.5B
Q2 24
$3.0B
$4.9B
Q1 24
$3.0B
$4.8B
Debt / Equity
LCII
LCII
UAA
UAA
Q4 25
0.69×
0.69×
Q3 25
0.70×
0.64×
Q2 25
0.68×
0.53×
Q1 25
0.69×
0.31×
Q4 24
0.55×
0.30×
Q3 24
0.58×
0.30×
Q2 24
0.60×
0.33×
Q1 24
0.63×
0.31×

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
UAA
UAA
Operating Cash FlowLast quarter
$78.9M
$278.1M
Free Cash FlowOCF − Capex
$64.3M
$261.9M
FCF MarginFCF / Revenue
6.9%
19.7%
Capex IntensityCapex / Revenue
1.6%
1.2%
Cash ConversionOCF / Net Profit
4.22×
TTM Free Cash FlowTrailing 4 quarters
$278.3M
$-45.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCII
LCII
UAA
UAA
Q4 25
$78.9M
$278.1M
Q3 25
$97.2M
$-69.8M
Q2 25
$112.2M
$48.9M
Q1 25
$42.7M
$-202.2M
Q4 24
$106.6M
$311.3M
Q3 24
$78.4M
$-321.4M
Q2 24
$192.9M
$153.0M
Q1 24
$-7.7M
$-122.9M
Free Cash Flow
LCII
LCII
UAA
UAA
Q4 25
$64.3M
$261.9M
Q3 25
$80.9M
$-90.3M
Q2 25
$99.5M
$13.5M
Q1 25
$33.7M
$-231.0M
Q4 24
$95.7M
$262.9M
Q3 24
$68.3M
$-367.2M
Q2 24
$180.2M
$107.3M
Q1 24
$-16.3M
$-156.7M
FCF Margin
LCII
LCII
UAA
UAA
Q4 25
6.9%
19.7%
Q3 25
7.8%
-6.8%
Q2 25
9.0%
1.2%
Q1 25
3.2%
-19.6%
Q4 24
11.9%
18.8%
Q3 24
7.5%
-26.2%
Q2 24
17.1%
9.1%
Q1 24
-1.7%
-11.8%
Capex Intensity
LCII
LCII
UAA
UAA
Q4 25
1.6%
1.2%
Q3 25
1.6%
1.5%
Q2 25
1.2%
3.1%
Q1 25
0.9%
2.4%
Q4 24
1.4%
3.5%
Q3 24
1.1%
3.3%
Q2 24
1.2%
3.9%
Q1 24
0.9%
2.5%
Cash Conversion
LCII
LCII
UAA
UAA
Q4 25
4.22×
Q3 25
1.55×
Q2 25
1.95×
Q1 25
0.86×
Q4 24
11.17×
252.26×
Q3 24
2.20×
-1.89×
Q2 24
3.15×
Q1 24
-0.21×
-18.71×

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%

UAA
UAA

Apparel$934.0M70%
Footwear$265.1M20%
Accessories$107.7M8%
License$27.2M2%

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