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

Woodward, Inc. is the larger business by last-quarter revenue ($996.5M vs $932.7M, roughly 1.1× LCI INDUSTRIES). Woodward, Inc. runs the higher net margin — 13.4% vs 2.0%, a 11.4% gap on every dollar of revenue. On growth, Woodward, Inc. posted the faster year-over-year revenue change (29.0% vs 16.1%). Woodward, Inc. produced more free cash flow last quarter ($70.3M vs $64.3M). Over the past eight quarters, Woodward, Inc.'s revenue compounded faster (9.2% 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.

Woodward, Inc. is an American designer, manufacturer, and service provider of control systems and control system components for aircraft, aircraft engines, industrial engines and turbines, power generation and mobile industrial equipment. The company also provides military devices and other equipment for defense.

LCII vs WWD — Head-to-Head

Bigger by revenue
WWD
WWD
1.1× larger
WWD
$996.5M
$932.7M
LCII
Growing faster (revenue YoY)
WWD
WWD
+12.8% gap
WWD
29.0%
16.1%
LCII
Higher net margin
WWD
WWD
11.4% more per $
WWD
13.4%
2.0%
LCII
More free cash flow
WWD
WWD
$6.0M more FCF
WWD
$70.3M
$64.3M
LCII
Faster 2-yr revenue CAGR
WWD
WWD
Annualised
WWD
9.2%
-1.8%
LCII

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LCII
LCII
WWD
WWD
Revenue
$932.7M
$996.5M
Net Profit
$18.7M
$133.7M
Gross Margin
22.1%
29.3%
Operating Margin
3.8%
17.0%
Net Margin
2.0%
13.4%
Revenue YoY
16.1%
29.0%
Net Profit YoY
95.7%
53.5%
EPS (diluted)
$0.79
$2.17

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
WWD
WWD
Q4 25
$932.7M
$996.5M
Q3 25
$1.0B
$995.3M
Q2 25
$1.1B
$915.4M
Q1 25
$1.0B
$883.6M
Q4 24
$803.1M
$772.7M
Q3 24
$915.5M
$854.5M
Q2 24
$1.1B
$847.7M
Q1 24
$968.0M
$835.3M
Net Profit
LCII
LCII
WWD
WWD
Q4 25
$18.7M
$133.7M
Q3 25
$62.5M
$137.6M
Q2 25
$57.6M
$108.4M
Q1 25
$49.4M
$108.9M
Q4 24
$9.5M
$87.1M
Q3 24
$35.6M
$83.3M
Q2 24
$61.2M
$102.1M
Q1 24
$36.5M
$97.6M
Gross Margin
LCII
LCII
WWD
WWD
Q4 25
22.1%
29.3%
Q3 25
24.4%
27.9%
Q2 25
24.4%
27.2%
Q1 25
24.1%
27.2%
Q4 24
21.1%
24.5%
Q3 24
24.0%
24.3%
Q2 24
25.3%
27.1%
Q1 24
23.1%
28.1%
Operating Margin
LCII
LCII
WWD
WWD
Q4 25
3.8%
17.0%
Q3 25
7.3%
16.1%
Q2 25
7.9%
13.9%
Q1 25
7.8%
15.0%
Q4 24
2.0%
13.2%
Q3 24
5.9%
11.9%
Q2 24
8.6%
14.4%
Q1 24
6.0%
14.4%
Net Margin
LCII
LCII
WWD
WWD
Q4 25
2.0%
13.4%
Q3 25
6.0%
13.8%
Q2 25
5.2%
11.8%
Q1 25
4.7%
12.3%
Q4 24
1.2%
11.3%
Q3 24
3.9%
9.7%
Q2 24
5.8%
12.0%
Q1 24
3.8%
11.7%
EPS (diluted)
LCII
LCII
WWD
WWD
Q4 25
$0.79
$2.17
Q3 25
$2.55
$2.23
Q2 25
$2.29
$1.76
Q1 25
$1.94
$1.78
Q4 24
$0.37
$1.42
Q3 24
$1.39
$1.36
Q2 24
$2.40
$1.63
Q1 24
$1.44
$1.56

Balance Sheet & Financial Strength

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

Metric
LCII
LCII
WWD
WWD
Cash + ST InvestmentsLiquidity on hand
$222.6M
$454.2M
Total DebtLower is stronger
$945.2M
Stockholders' EquityBook value
$1.4B
$2.6B
Total Assets
$3.2B
$4.7B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCII
LCII
WWD
WWD
Q4 25
$222.6M
$454.2M
Q3 25
$199.7M
$327.4M
Q2 25
$191.9M
$473.2M
Q1 25
$231.2M
$364.1M
Q4 24
$165.8M
$283.7M
Q3 24
$161.2M
$282.3M
Q2 24
$130.4M
$308.3M
Q1 24
$22.6M
$316.9M
Total Debt
LCII
LCII
WWD
WWD
Q4 25
$945.2M
Q3 25
$947.8M
$579.9M
Q2 25
$948.0M
Q1 25
$938.3M
Q4 24
$757.3M
Q3 24
$822.5M
$655.5M
Q2 24
$829.7M
Q1 24
$855.3M
Stockholders' Equity
LCII
LCII
WWD
WWD
Q4 25
$1.4B
$2.6B
Q3 25
$1.4B
$2.6B
Q2 25
$1.4B
$2.5B
Q1 25
$1.4B
$2.3B
Q4 24
$1.4B
$2.2B
Q3 24
$1.4B
$2.2B
Q2 24
$1.4B
$2.2B
Q1 24
$1.4B
$2.3B
Total Assets
LCII
LCII
WWD
WWD
Q4 25
$3.2B
$4.7B
Q3 25
$3.2B
$4.6B
Q2 25
$3.2B
$4.7B
Q1 25
$3.1B
$4.5B
Q4 24
$2.9B
$4.3B
Q3 24
$3.0B
$4.4B
Q2 24
$3.0B
$4.3B
Q1 24
$3.0B
$4.4B
Debt / Equity
LCII
LCII
WWD
WWD
Q4 25
0.69×
Q3 25
0.70×
0.23×
Q2 25
0.68×
Q1 25
0.69×
Q4 24
0.55×
Q3 24
0.58×
0.30×
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
WWD
WWD
Operating Cash FlowLast quarter
$78.9M
$114.4M
Free Cash FlowOCF − Capex
$64.3M
$70.3M
FCF MarginFCF / Revenue
6.9%
7.1%
Capex IntensityCapex / Revenue
1.6%
4.4%
Cash ConversionOCF / Net Profit
4.22×
0.86×
TTM Free Cash FlowTrailing 4 quarters
$278.3M
$409.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCII
LCII
WWD
WWD
Q4 25
$78.9M
$114.4M
Q3 25
$97.2M
$233.3M
Q2 25
$112.2M
$125.6M
Q1 25
$42.7M
$77.8M
Q4 24
$106.6M
$34.5M
Q3 24
$78.4M
$141.8M
Q2 24
$192.9M
$153.2M
Q1 24
$-7.7M
$97.3M
Free Cash Flow
LCII
LCII
WWD
WWD
Q4 25
$64.3M
$70.3M
Q3 25
$80.9M
$180.9M
Q2 25
$99.5M
$99.1M
Q1 25
$33.7M
$59.4M
Q4 24
$95.7M
$942.0K
Q3 24
$68.3M
$117.7M
Q2 24
$180.2M
$137.3M
Q1 24
$-16.3M
$82.8M
FCF Margin
LCII
LCII
WWD
WWD
Q4 25
6.9%
7.1%
Q3 25
7.8%
18.2%
Q2 25
9.0%
10.8%
Q1 25
3.2%
6.7%
Q4 24
11.9%
0.1%
Q3 24
7.5%
13.8%
Q2 24
17.1%
16.2%
Q1 24
-1.7%
9.9%
Capex Intensity
LCII
LCII
WWD
WWD
Q4 25
1.6%
4.4%
Q3 25
1.6%
5.3%
Q2 25
1.2%
2.9%
Q1 25
0.9%
2.1%
Q4 24
1.4%
4.3%
Q3 24
1.1%
2.8%
Q2 24
1.2%
1.9%
Q1 24
0.9%
1.7%
Cash Conversion
LCII
LCII
WWD
WWD
Q4 25
4.22×
0.86×
Q3 25
1.55×
1.70×
Q2 25
1.95×
1.16×
Q1 25
0.86×
0.71×
Q4 24
11.17×
0.40×
Q3 24
2.20×
1.70×
Q2 24
3.15×
1.50×
Q1 24
-0.21×
1.00×

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%

WWD
WWD

Transferred At Point In Time$253.6M25%
Commercial OEM$187.9M19%
Transportation$166.3M17%
Defense OEM$138.2M14%
Power Generation$122.8M12%
Oil And Gas$72.4M7%
Defense Aftermarket$63.8M6%

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