LCI Industries
LCII · Automotive Parts & Equipment
$84.87
2.0%Patrick Industries
PATK · Automotive Parts & Equipment
$68.86
2.0%The short version
- LCI Industries is the larger business, with $4.1B of revenue in fiscal 2025 against $4.0B for Patrick Industries.
- LCI Industries grew revenue faster (10.2%, against 6.3%).
- LCI Industries turned more of its sales into free cash flow (6.8% FCF margin, against 6.2% FCF margin).
- LCI Industries earned a higher return on the capital invested in it (10.2%, against 8.6%).
- Investors pay more for each dollar of Patrick Industries’s earnings: a P/E of 16.4x against 9.9x for LCI Industries.
| Latest fiscal year | LCII · FY25 | PATK · FY25 |
|---|---|---|
| Size | ||
| Market cap | $2.1B | $2.3B |
| Revenue | $4.1B | $4.0B |
| Free cash flow | $278M | $246M |
| Net income | $188M | $135M |
| Growth | ||
| Revenue growth | 10.2% | 6.3% |
| 5-year growth | 8.1% | 9.7% |
| Share count change | −2.6% | 2.8% |
| Profitability | ||
| Gross margin | 23.8% | 23.1% |
| Operating margin | 6.8% | 7.0% |
| Net margin | 4.6% | 3.4% |
| FCF margin | 6.8% | 6.2% |
| Return on capital | 10.2% | 8.6% |
| Return on equity | 13.7% | 11.7% |
| Balance sheet | ||
| Net debt | $723M | $1.3B |
| Net debt / EBITDA | 1.8x | 2.9x |
| Dividends and buybacks | $243M | $87.3M |
| Valuation & quality | ||
| P/E | 9.9x | 16.4x |
| Piotroski F-score | 8 | 6 |
FY16
LCII $1.7B
PATK $1.2B
FY17
LCII $2.1B
PATK $1.6B
FY18
LCII $2.5B
PATK $2.3B
FY19
LCII $2.4B
PATK $2.3B
FY20
LCII $2.8B
PATK $2.5B
FY21
LCII $4.5B
PATK $4.1B
FY22
LCII $5.2B
PATK $4.9B
FY23
LCII $3.8B
PATK $3.5B
FY24
LCII $3.7B
PATK $3.7B
FY25
LCII $4.1B
PATK $4.0B
LCII
PATK
FY16
LCII 12.0%
PATK 7.4%
FY17
LCII 10.0%
PATK 7.5%
FY18
LCII 8.0%
PATK 7.9%
FY19
LCII 8.4%
PATK 6.6%
FY20
LCII 8.0%
PATK 7.0%
FY21
LCII 8.9%
PATK 8.6%
FY22
LCII 10.6%
PATK 10.2%
FY23
LCII 3.3%
PATK 7.5%
FY24
LCII 5.8%
PATK 6.9%
FY25
LCII 6.8%
PATK 7.0%
LCII
PATK
FY16
LCII $157M
PATK $81.7M
FY17
LCII $65.5M
PATK $77.4M
FY18
LCII $36.8M
PATK $166M
FY19
LCII $211M
PATK $165M
FY20
LCII $174M
PATK $128M
FY21
LCII −$210M
PATK $187M
FY22
LCII $472M
PATK $332M
FY23
LCII $465M
PATK $350M
FY24
LCII $328M
PATK $251M
FY25
LCII $278M
PATK $246M
LCII
PATK
FY16
LCII 26.4%
PATK 15.4%
FY17
LCII 22.5%
PATK 15.8%
FY18
LCII 18.5%
PATK 15.8%
FY19
LCII 12.9%
PATK 11.0%
FY20
LCII 11.3%
PATK 10.7%
FY21
LCII 15.3%
PATK 16.0%
FY22
LCII 17.4%
PATK 17.7%
FY23
LCII 4.2%
PATK 9.0%
FY24
LCII 8.0%
PATK 8.9%
FY25
LCII 10.2%
PATK 8.6%
LCII
PATK
Add another company
Compare up to four at once.
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.