What is LCI Industries's work in process?

LCI Industries (LCII) reported work in process of $43.86M in Q1 2026.

How has LCI Industries's work in process changed year-over-year?

LCI Industries's work in process increased by 1.4% year-over-year, from $43.25M to $43.86M.

What is the long-term trend for LCI Industries's work in process?

Over 5 years (2020 to 2025), LCI Industries's work in process has grown at a 12.1% compound annual growth rate (CAGR), from $24.19M to $42.88M.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

LCI Industries LCII Work in process

Work in process at other companies

BrunswickBC

$167.6M-3.0%

Patrick IndustriesPATK

$21.17M+20.6%

Thor IndustriesTHO

$331.27M+9.4%

Lear CorporationLEA

$144.1M+15.7%

PhiniaPHIN

$45M-2.2%

Other financials

Income statement

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Revenue$1.1B+4.3%

Gross profit$273.7M+8.7%

Operating income$95.2M+17.0%

Net income$62.9M+27.3%

EPS (diluted)$2.53+30.4%

Balance sheet

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Cash & equivalents$142.2M-38.5%

Total debt$1.2B+5.1%

Total equity$1.4B+1.5%

Total assets$3.2B+3.8%

Cash flow

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Operating cash flow-$33.5M-178%

CapEx$9.7M+7.0%

Free cash flow-$43.1M-228%

Valuation

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Market cap$2.24B+35.4%

Enterprise value$3.33B+29.5%

P/E11.1×+0.5×

P/S0.5×+0.1×

Profitability

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Gross margin24.1%+0.3pp

Operating margin7%+0.7pp

Net margin4.8%+0.8pp

FCF margin4.8%-5.1pp

Returns & leverage

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Return on equity14.7%+3.2pp

Debt / equity0.9×0.0×

Current ratio2.9×-0.1×

Where this comes from

Reported directly by LCI Industries in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: LCI Industries’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is LCI Industries's work in process?: LCI Industries (LCII) reported work in process of $43.86M in Q1 2026.
How has LCI Industries's work in process changed year-over-year?: LCI Industries's work in process increased by 1.4% year-over-year, from $43.25M to $43.86M.
What is the long-term trend for LCI Industries's work in process?: Over 5 years (2020 to 2025), LCI Industries's work in process has grown at a 12.1% compound annual growth rate (CAGR), from $24.19M to $42.88M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.