Company profile

Jason Douglas Lippert
Incorporated in
Fiscal year end
Former names
Drew Industries Inc, DREW INDUSTRIES Inc, Drew Industries Incorporated
IRS number

LCII stock data



7 May 20
3 Jul 20
31 Dec 20


Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 659.67M 564.02M 586.22M 629.07M
Net income 28.21M 28.81M 35.81M 47.53M
Diluted EPS 1.12 1.14 1.42 1.89
Net profit margin 4.28% 5.11% 6.11% 7.56%
Operating income 44.27M 37.65M 49.15M 65.66M
Net change in cash 62.64M 11.19M 9.04M 811K
Cash on hand 98M 35.36M 24.17M 15.13M
Cost of revenue 501.07M 441.54M 450.75M 480.42M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 2.37B 2.48B 2.15B 1.68B
Net income 146.51M 148.55M 132.88M 129.67M
Diluted EPS 5.84 5.83 5.24 5.2
Net profit margin 6.18% 6.00% 6.19% 7.72%
Operating income 200.21M 198.79M 214.28M 200.85M
Net change in cash 20.43M -11.12M -60.12M 73.87M
Cash on hand 35.36M 14.93M 26.05M 86.17M
Cost of revenue 1.83B 1.96B 1.65B 1.25B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
30 Jun 20 Crespo Frank J Deferred Stock Unit Common Stock Grant Aquire A 114.98 207 23.8K 207
30 Jun 20 Fenech Ronald Deferred Stock Unit Common Stock Grant Aquire A 114.98 169 19.43K 169
30 Jun 20 Gero James Deferred Stock Unit Common Stock Grant Aquire A 114.98 444 51.05K 444
30 Jun 20 Virginia Henkels Deferred Stock Unit Common Stock Grant Aquire A 114.98 219 25.18K 219
5 Jun 20 Ryan Richard Smith Common Stock Sell Dispose S 118.24 4,300 508.43K 4,469
93.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 208 239 -13.0%
Opened positions 22 40 -45.0%
Closed positions 53 32 +65.6%
Increased positions 77 76 +1.3%
Reduced positions 76 85 -10.6%
13F shares
Current Prev Q Change
Total value 1.59B 2.6B -38.8%
Total shares 23.61M 24.19M -2.4%
Total puts 20K 235.2K -91.5%
Total calls 264.3K 209.1K +26.4%
Total put/call ratio 0.1 1.1 -93.3%
Largest owners
Shares Value Change
BLK BlackRock 3.87M $258.44M -2.9%
Vanguard 2.66M $177.57M +2.0%
NEU Neuberger Berman 1.38M $91.99M -0.1%
JPM JPMorgan Chase & Co. 1.32M $88.25M +3.2%
N Price T Rowe Associates 1.2M $79.91M +3.0%
PFG Principal Financial 1.05M $69.97M +3.7%
Dimensional Fund Advisors 783.91K $52.38M -0.6%
STT State Street 746.03K $49.86M +6.4%
Royce & Associates 700.72K $46.83M +10.9%
Boston Partners 491.48K $32.65M +4.3%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -291.24K EXIT
AMP Ameriprise Financial 275.91K -158.74K -36.5%
Lord, Abbett & Co. 456.59K -144.52K -24.0%
BLK BlackRock 3.87M -117.26K -2.9%
Arrowstreet Capital, Limited Partnership 16.19K -90.54K -84.8%
Royce & Associates 700.72K +69.08K +10.9%
Vanguard 2.66M +53.29K +2.0%
MS Morgan Stanley 84.9K -53.22K -38.5%
GS The Goldman Sachs Group, Inc. 142.66K +49.88K +53.8%
Victory Capital Management 18.93K -48.26K -71.8%

Financial report summary

Management Discussion
  • •Consolidated net sales for the full-year 2019 were $2.4 billion, four percent lower than consolidated net sales for the full-year 2018 of $2.5 billion. The decrease in year-over-year net sales reflects a continuation of lower RV wholesale shipments seen throughout the year as dealers continued to correct their inventory levels, partially offset by continued growth in the Company's adjacent industries OEM, aftermarket and international markets. Net sales from acquisitions completed by the Company contributed $93.0 million in 2019.
  • •Net income for the full-year 2019 decreased to $146.5 million, down from net income of $148.6 million in 2018, while earnings per share increased to $5.84 per diluted share for 2019 compared to $5.83 per diluted share in 2018. Net income for 2018 included one-time non-cash charges of $0.6 million ($0.03 per diluted share), related to the impact of the TCJA. Excluding the estimated impact of the TCJA, adjusted net income was $149.2 million, or $5.86 per diluted share, in 2018. Adjusted net income and adjusted net income per diluted share are non-GAAP
  • financial measures. See “Non-GAAP Measures” for additional information regarding the Company’s use of non-GAAP financial measures and a reconciliation to the most directly comparable GAAP financial measures.
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