LCI Industries
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $188.3M | $142.9M | $64.2M | $395.0M | $287.7M | $158.4M | $146.5M | $148.6M |
| Depreciation & Amortization | $121.2M | $125.7M | $131.8M | $129.2M | $112.3M | $98.0M | $75.4M | $67.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $54.2M | $55.3M | $57.1M | $56.4M | $47.6M | $37.9M | $23.8M | $21.3M |
| Stock-Based Compensation | $22.7M | $18.7M | $18.2M | $23.7M | $27.2M | $18.5M | $16.1M | $14.1M |
| Net Cash from Operating Activities | $331.0M | $370.3M | $527.2M | $602.5M | $-111.6M | $231.4M | $269.5M | $156.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $52.6M | $42.3M | $62.2M | $130.6M | $98.5M | $57.3M | $58.2M | $119.8M |
| Business Acquisitions | $112.7M | $20.0M | $25.9M | $108.5M | $194.1M | $182.1M | $447.8M | $184.8M |
| Net Cash from Investing Activities | $-147.1M | $-61.1M | $-83.7M | $-241.8M | $-281.2M | $-232.3M | $-503.8M | $-302.8M |
| Financing Activities | ||||||||
| Dividends Paid | $114.0M | $109.5M | $106.3M | $102.7M | $87.2M | $70.4M | $63.8M | $59.3M |
| Stock Repurchases | $128.6M | $0 | $0 | $24.1M | $0 | $0 | $0 | $28.7M |
| Net Cash from Financing Activities | $-125.5M | $-208.2M | $-426.2M | $-374.9M | $404.6M | $14.0M | $255.0M | $135.1M |
| Net Change in Cash | $56.9M | $99.6M | $18.7M | $-15.4M | $11.1M | $16.5M | $20.4M | $-11.1M |
| Free Cash Flow | $278.3M | $328.0M | $465.0M | $471.9M | $-210.1M | $174.1M | $211.3M | $36.8M |