earnings
confidence high
sentiment positive
materiality 0.75
LCI Industries Q1 2025 revenue $1.05B, net income $49.4M (+35%); acquires Trans/Air and Freedman Seating
LCI INDUSTRIES
2025-Q1 EPS reported
$1.94
revenue$1,045,590,000
- Net sales $1,046M, up 8% YoY; net income $49.4M ($1.94 diluted EPS) vs $36.5M ($1.44) prior year.
- Adjusted net income $55.6M ($2.19/diluted), up 52% YoY; Adjusted EBITDA $110.9M (10.6% margin), up 23%.
- Acquired Trans/Air (climate control, ~$75M annual revenue) and Freedman Seating (~$125M), deepening bus-market presence.
- Refinanced: issued $460M 3% convertible notes due 2030; new $400M term loan due 2032, $600M revolver due 2030.
- Returned $57.6M to shareholders: $28.3M in share repurchases, $29.4M in dividends ($1.15/share).