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LCI Industries LCII OEM Segment — Reduction in net sales

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Other financials

Income statement

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Revenue$968.7M-12.5%
Gross profit$301.1M+11.5%
Operating income$96.0M+9.3%
Net income$67.1M+16.5%
EPS (diluted)$2.75+20.1%

Balance sheet

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Cash & equivalents$216.5M+12.8%
Total debt$1.1B-4.7%
Total equity$1.4B+3.4%
Total assets$3.3B+3.0%

Cash flow

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Operating cash flow$203.7M+81.5%
CapEx$18.8M+47.3%
Free cash flow$184.9M+85.9%

Valuation

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Market cap$2.57B+10.7%
Enterprise value$3.5B+5.0%
P/E12.2×-3.1×
P/S0.6×0.0×

Profitability

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Gross margin25.7%+2.1pp
Operating margin7.5%+1.3pp
Net margin5.2%+1.3pp
FCF margin7.1%-0.6pp

Returns & leverage

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Return on equity15%+4.0pp
Debt / equity0.8×-0.1×
Current ratio2.5×-0.3×

Where this comes from

Reported directly by LCI Industries in its filing.

Tagged under the XBRL concept lcii:RefundableFeesRefundPayments.

The source filing: LCI Industries’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 11:08 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000763744-26-000070

(1) The OEM and Aftermarket Segments included an $84.9 million and $3.9 million, respectively, reduction in net sales to external customers during each of the three and six months ended June 30, 2026, consisting of the amount of IEEPA Tariffs refunds expected to be passed through to customers. See "Tariff Refunds" in Note 2 - Summary of Significant Accounting Policies for further information.
(2) The OEM and Aftermarket Segments included an $86.4 million and $18.4 million, respectively, reduction in cost of sales during each of the three and six months ended June 30, 2026, which is the total expected amount of refunds of IEEPA Tariffs, both received and receivable. See "Tariff Refunds" in Note 2 - Summary of Significant Accounting Policies for further information.

ITEM 1 – FINANCIAL STATEMENTS

FAQ

What is LCI Industries's OEM segment — reduction in net sales?
LCI Industries (LCII) reported OEM segment — reduction in net sales of $84.9M in Q2 2026.
What does OEM segment — reduction in net sales mean?
This metric measures the year-over-year or sequential decline in revenue generated specifically from the Original Equipment Manufacturer (OEM) business segment. It reflects shifts in demand for components supplied to manufacturers of recreational vehicles, buses, and trailers. A reduction in these sales typically indicates softening end-market demand, loss of market share, or pricing pressures within the primary manufacturing supply chain.

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