See more : International Paper Company (0JCB.L) Income Statement Analysis – Financial Results
Complete financial analysis of LGI Homes, Inc. (LGIH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of LGI Homes, Inc., a leading company in the Residential Construction industry within the Consumer Cyclical sector.
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LGI Homes, Inc. (LGIH)
About LGI Homes, Inc.
LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to companies looking to acquire single-family rental properties. As of December 31, 2021, it owned 101 communities. The company serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, and Pennsylvania. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.36B | 2.30B | 3.05B | 2.37B | 1.84B | 1.50B | 1.26B | 838.32M | 630.24M | 383.27M | 162.80M | 76.22M | 50.46M |
| Cost of Revenue | 1.82B | 1.66B | 2.23B | 1.76B | 1.40B | 1.12B | 937.54M | 616.71M | 463.30M | 280.48M | 121.33M | 54.53M | 36.70M |
| Gross Profit | 542.19M | 646.60M | 818.03M | 603.10M | 436.48M | 379.92M | 320.42M | 221.61M | 166.93M | 102.79M | 41.47M | 21.69M | 13.76M |
| Gross Profit Ratio | 22.99% | 28.06% | 26.82% | 25.47% | 23.75% | 25.25% | 25.47% | 26.44% | 26.49% | 26.82% | 25.47% | 28.46% | 27.26% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 117.35M | 111.57M | 100.33M | 90.02M | 77.38M | 70.35M | 55.66M | 43.16M | 34.26M | 23.74M | 13.60M | 6.10M | 5.13M |
| Selling & Marketing | 191.58M | 144.93M | 170.01M | 148.37M | 131.56M | 109.46M | 94.96M | 66.98M | 53.00M | 36.67M | 15.77M | 7.27M | 4.88M |
| SG&A | 308.93M | 256.49M | 270.34M | 238.39M | 208.94M | 179.81M | 150.62M | 110.14M | 87.26M | 60.42M | 29.37M | 13.37M | 10.01M |
| Other Expenses | 0.00 | 28.01M | 9.05M | 3.14M | 4.46M | 2.59M | 1.60M | 2.20M | 606.00K | 708.00K | 24.00K | 172.79K | 203.68K |
| Operating Expenses | 308.93M | 256.49M | 270.34M | 238.39M | 208.94M | 179.81M | 150.62M | 110.14M | 87.26M | 60.42M | 29.37M | 13.37M | 10.01M |
| Cost & Expenses | 2.13B | 1.91B | 2.50B | 2.00B | 1.61B | 1.30B | 1.09B | 726.85M | 550.56M | 340.90M | 150.70M | 67.90M | 46.71M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 234.00 | 0.00 |
| Interest Expense | 87.60M | 0.00 | 28.36M | 37.29M | 45.56M | 0.00 | 0.00 | 0.00 | 0.00 | 51.00K | 51.00K | 1.23K | 28.15K |
| Depreciation & Amortization | 2.41M | 1.58M | 1.15M | 710.00K | 643.00K | 711.00K | 791.00K | 1.09M | 883.00K | 825.00K | 291.61K | 185.12K | 79.75K |
| EBITDA | 233.26M | 391.68M | 548.85M | 370.29M | 231.51M | 202.23M | 170.84M | 113.05M | 82.69M | 46.82M | 23.15M | 10.21M | 4.75M |
| EBITDA Ratio | 9.89% | 16.93% | 18.41% | 15.40% | 12.39% | 13.54% | 13.50% | 13.30% | 12.64% | 11.24% | 7.43% | 13.39% | 9.40% |
| Operating Income | 233.26M | 390.11M | 547.70M | 364.71M | 227.54M | 200.11M | 169.80M | 111.47M | 79.67M | 42.37M | 16.38M | 9.85M | 4.46M |
| Operating Income Ratio | 9.89% | 16.93% | 17.96% | 15.40% | 12.38% | 13.30% | 13.50% | 13.30% | 12.64% | 11.06% | 10.06% | 12.92% | 8.84% |
| Total Other Income/Expenses | 28.50M | 28.01M | -4.92M | 3.14M | 4.29M | -1.01M | 1.60M | 2.20M | 606.00K | 708.00K | 6.42M | 1.70M | 890.28K |
| Income Before Tax | 261.75M | 418.12M | 542.78M | 367.85M | 231.83M | 199.10M | 171.40M | 113.67M | 80.28M | 43.08M | 22.80M | 10.02M | 4.64M |
| Income Before Tax Ratio | 11.10% | 18.14% | 17.80% | 15.53% | 12.61% | 13.23% | 13.63% | 13.56% | 12.74% | 11.24% | 14.01% | 13.15% | 9.19% |
| Income Tax Expense | 62.53M | 91.55M | 113.13M | 43.95M | 53.22M | 43.81M | 58.10M | 38.64M | 27.45M | 14.87M | 1.07M | 154.54K | 124.89K |
| Net Income | 199.23M | 326.57M | 429.65M | 323.90M | 178.61M | 155.29M | 113.31M | 75.03M | 52.83M | 28.21M | 22.33M | 9.71M | 3.35M |
| Net Income Ratio | 8.45% | 14.17% | 14.09% | 13.68% | 9.72% | 10.32% | 9.01% | 8.95% | 8.38% | 7.36% | 13.71% | 12.73% | 6.64% |
| EPS | 8.48 | 13.90 | 17.46 | 12.89 | 7.70 | 6.24 | 5.24 | 3.61 | 2.65 | 1.37 | 1.08 | 1.30 | 0.45 |
| EPS Diluted | 8.42 | 13.76 | 17.25 | 12.76 | 7.02 | 6.24 | 4.73 | 3.41 | 2.44 | 1.33 | 1.08 | 1.30 | 0.45 |
| Weighted Avg Shares Out | 23.51M | 23.49M | 24.61M | 25.14M | 23.19M | 24.89M | 21.60M | 20.80M | 19.94M | 20.67M | 20.76M | 7.48M | 7.48M |
| Weighted Avg Shares Out (Dil) | 23.65M | 23.73M | 24.91M | 25.38M | 25.43M | 24.89M | 23.93M | 22.02M | 21.74M | 21.20M | 20.76M | 7.48M | 7.48M |
LGI Homes, Inc. Reports November 2024 Home Closings
THE WOODLANDS, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 531 homes in November 2024, including the bulk sale of 103 single-family rental homes.
LGI Homes Announces Pricing of $400 Million of Unsecured Senior Notes due 2032
THE WOODLANDS, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) (“LGI Homes” or the “Company”) today announced that it has priced its previously announced offering (the “Offering”) of $400 million aggregate principal amount of unsecured Senior...
LGI Homes Announces Private Offering of $400 Million of Unsecured Senior Notes due 2032
THE WOODLANDS, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) (“LGI Homes” or the “Company”) today announced that it has commenced a private offering (the “Offering”) of $400 million aggregate principal amount of unsecured Senior Notes...
LGI Homes, Inc. Reports October 2024 Home Closings
THE WOODLANDS, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 525 homes in October 2024.
LGI Homes, Inc. (LGIH) Q3 2024 Earnings Call Transcript
LGI Homes, Inc. (NASDAQ:LGIH ) Q3 2024 Earnings Conference Call November 5, 2024 ET Company Participants Joshua Fattor - Executive Vice President of Investor Relations and Capital Markets Eric Lipar - Chief Executive Officer and Chairman of the Board Charles...
Compared to Estimates, LGI Homes (LGIH) Q3 Earnings: A Look at Key Metrics
The headline numbers for LGI Homes (LGIH) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
LGI Homes (LGIH) Q3 Earnings and Revenues Surpass Estimates
LGI Homes (LGIH) came out with quarterly earnings of $2.95 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to earnings of $2.84 per share a year ago.
Analysts Estimate LGI Homes (LGIH) to Report a Decline in Earnings: What to Look Out for
LGI Homes (LGIH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LGI Homes: Staying Firm On This Rating
I remain cautious about LGI Homes despite the promising homebuilding market, maintaining a 'hold' rating due to declining revenue, high cancellation rates, and weak net new orders. The company's profitability has been negatively impacted by rising construction costs and sales...
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Category: Stock Reports