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LGI Homes, Inc. engages in the design, construction, and sale of new homes in the United States. It markets and sells attached and detached entry-level homes and active adult offerings under the LGI Homes brand; and luxury homes under the Terrata Homes brand. The company also engages in the wholesale business, which includes building and selling homes to large institutions interested in acquiring single-family rental properties through bulk sales agreements. It operates in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.7B | $84M | $73M | $-141M | 3.5% | -22.6% | -63.0% |
| 2024 | $2.2B | $215M | $196M | $-146M | 9.6% | -6.6% | -1.6% |
| 2023 | $2.4B | $236M | $199M | $-58M | 10.7% | 2.3% | -39.0% |
| 2022 | $2.3B | $392M | $327M | $-372M | 19.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 2,304.46 | 2,358.58 | 2,202.60 | 1,705.50 |
| Cost Of Revenue | - | 1,657.86 | 1,816.39 | 1,669.31 | 1,351.96 |
| Gross Profit | - | 646.60 | 542.19 | 533.29 | 353.55 |
| Operating Expense | - | 256.49 | 308.93 | 321.14 | 273.77 |
| Operating Income | - | 390.11 | 233.26 | 212.15 | 79.78 |
| EBITDA | - | 391.68 | 235.66 | 215.25 | 84.10 |
| EBIT | - | 390.11 | 233.26 | 212.15 | 79.78 |
| Pretax Income | - | 418.12 | 261.75 | 258.91 | 98.49 |
| Tax Provision | - | 91.55 | 62.53 | 62.84 | 25.93 |
| Net Income | - | 326.57 | 199.23 | 196.07 | 72.55 |
| Net Income Common Stockholders | - | 326.57 | 199.23 | 196.07 | 72.55 |
| Total Expenses | - | 1,914.35 | 2,125.32 | 1,990.45 | 1,625.73 |
| Interest Expense | 0 | 0 | - | - | - |
| Selling General And Administration | - | 256.49 | 308.93 | 321.14 | 273.77 |
| Normalized EBITDA | - | 391.68 | 235.66 | 215.25 | 84.10 |
| Normalized Income | - | 326.57 | 199.23 | 196.07 | 72.55 |
| Market Cap | 1,052.32 | 1,052.32 | 1,052.32 | 1,052.32 | 1,052.32 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| LGI Homes, Inc.this co. | LGIH | $1.1B | 14.50↓ discount | 0.50 | 3.5% | 31.64 |
| Pursuit Attractions and Hospitality, Inc. | PRSU | $1.2B | 50.90 | 1.98 | 3.9% | 11.99 |
| Lindblad Expeditions Holdings, Inc. | LIND | $1.2B | - | -3.44 | 19.4% | 14.76 |
| Liquidity Services, Inc. | LQDT | $1.1B | 38.52 | 5.32 | 13.8% | 20.26 |
| Arhaus, Inc. | ARHS | $1.0B |
| - |
| - |
| - |
| - |
| - |
| 15.29 |
| 2.48 |
| 16.1% |
| 10.01 |
| Douglas Dynamics, Inc. | PLOW | $1.0B | 22.54 | 3.62 | 16.7% | 13.83 |
| Accel Entertainment, Inc. | ACEL | $1.0B | 20.82 | 3.81 | 18.8% | 7.10 |
| ACV Auctions Inc. | ACVA | $958M | - | 2.10 | -15.4% | -24.26 |
| Biglari Holdings Inc. | BH | $934M | - | 0.35 | -7.2% | 3.32 |
| Peer Median | - | 22.54 | 2.29 | 15.0% | 11.00 | |