LCI Industries reported a strong fourth quarter, with consolidated net sales increasing 16.1% to $932.7 million, up from $803.1 million in the same period of 2024. The company's strategic execution and operational excellence delivered results that validate its multi-year investment in diversification. Despite a difficult wholesale environment in the fourth quarter, LCI Industries' team demonstrated resilience and adaptability.
["The OEM Segment saw significant growth, with net sales increasing $115.0 million, or 18%, to $736.5 million for the fourth quarter of 2025. This was driven by sales price increases due to higher material costs, an increase in RV sales mix toward higher content fifth-wheel units, and market share gains. The company's focus on targeted products and improved fixed cost absorption contributed to the operating profit margin expansion.", ['The Aftermarket Segment also saw strong performance, with net sales increasing 8% to $196.2 million for the fourth quarter of 2025. Product innovations, increased demand for upgrade and service parts, and sales price increases related to higher material costs drove this growth. However, lower volumes within the automotive aftermarket partially offset these gains.', ['Net income was up 96% to $18.7 million, or $0.77 per diluted share, compared to $9.5 million, or $0.37 per diluted share, in the fourth quarter of 2024. Adjusted net income more than doubled to $21.6 million, or $0.89 per diluted share, and adjusted EBITDA increased 53% to $70.1 million.', ["The company's full-year financials were also strong, with consolidated net sales increasing 10% to $4.1 billion for the year ended December 31, 2025. Net income for the full year 2025 was up 32% to $188.3 million, or $7.57 per diluted share, compared to net income of $142.9 million, or $5.60 per diluted share, for the full year 2024.", ['Adjusted EBITDA for the year ended December 31, 2025 increased 19% to $408.2 million, and operating profit margin was 6.8%. The margin expansion primarily benefitted from reduced costs from materials sourcing strategies and leveraging of fixed expenses over higher North American RV sales volumes.', ['OEM net sales increased $115.0 million, or 18%, to $736.5 million for the fourth quarter of 2025, compared to the same period of 2024. RV OEM net sales increased 17% to $440.0 million, primarily driven by sales price increases related to higher material costs and market share gains.', ["The company's competitive position is strong, with a robust aftermarket business touching nearly every RV on the road and gaining traction in its other OEM markets. This positions LCI Industries well for operating margin expansion and exceptional shareholder value creation in 2026."], ["The company's focus on operational excellence and diversification has delivered results that validate its multi-year investment. Despite challenges in the wholesale environment, LCI Industries' team demonstrated resilience and adaptability.", ["The company's foundation of scale, deep industry expertise, enhanced technology, and an extremely talented team positions it to capture significant growth opportunities across its multiple end markets."], ["With a strong competitive position and robust aftermarket business, LCI Industries is well-positioned for success in 2026. The company's focus on innovation, efficiency, and market expansion will be key to driving future growth and shareholder value creation."]]]]]]]]
The company's focus on innovation, efficiency, and market expansion helped drive revenue growth and operating profit more than doubling in the fourth quarter.
