LGI Homes, Inc. (LGIH)

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.

Symbol
LGIH
Exchange
Nasdaq
Sector
Consumer Cyclical
Industry
Residential Construction
Market cap
$1.21B
52 week range
33.55 - 66.25

Valuation

Share price
$48.60 (close of 2026-09-23)
P/E (TTM)
18.32x
Price to book
0.57x
Price to free cash flow
9.27x
Enterprise value
$2.74B
Book value per share
$91.73

Price performance

PeriodChange
1 day-2.62%
5 days-4.29%
1 month-16.44%
3 months-13.31%
6 months+33.85%
Year to date+13.13%
1 year-10.37%
3 years-52.89%
5 years-67.36%
10 years+32.90%
All time+276.74%

Profitability and growth

Return on equity
3.46%
Return on invested capital
1.45%
Return on assets
1.85%
Gross margin
20.73%
Net margin
4.25%
EBITDA margin
4.93%
Revenue growth
-22.57%
Net income growth
-63.00%
Free cash flow growth
3.29%

Cash flow and balance sheet

Free cash flow yield (TTM)
10.79%
Net debt to EBITDA
20.78x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$1.71B
Cost of revenue
$1.35B
Gross profit
$353.55M
EBITDA
$84.10M
Net income
$72.55M
Earnings per share
$3.13
Shares outstanding
23.19M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$1.71B$353.55M$72.55M$3.13
2024-12-31$2.20B$533.29M$196.07M$8.33
2023-12-31$2.36B$542.19M$199.23M$8.48
2022-12-31$2.30B$646.60M$326.57M$13.90
2021-12-31$3.05B$818.03M$429.64M$17.46
2020-12-31$2.37B$603.10M$323.89M$12.89
2019-12-31$1.84B$436.48M$178.61M$7.70
2018-12-31$1.50B$379.92M$155.29M$6.89
2017-12-31$1.26B$320.42M$113.31M$5.24
2016-12-31$838.32M$221.61M$75.03M$3.61

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3120.73%4.25%3.46%1.45%
2024-12-3124.21%8.90%9.62%4.26%
2023-12-3122.99%8.45%10.73%5.39%
2022-12-3128.06%14.17%19.88%10.39%
2021-12-3126.82%14.09%30.78%20.16%
2020-12-3125.47%13.68%28.44%19.48%
2019-12-3123.75%9.72%21.13%11.60%
2018-12-3125.25%10.32%23.67%12.37%
2017-12-3125.47%9.01%23.13%12.45%
2016-12-3126.44%8.95%21.12%10.31%

Cash and debt by year

Period endCashDebt
2025-12-31$61.25M$1.66B
2024-12-31$53.20M$1.48B
2023-12-31$48.98M$1.25B
2022-12-31$32.00M$1.12B
2021-12-31$50.51M$805.24M
2020-12-31$35.94M$538.40M
2019-12-31$38.34M$690.56M
2018-12-31$46.62M$653.73M
2017-12-31$67.57M$475.19M
2016-12-31$49.52M$400.48M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-140.90M$6.00M
2024-12-31$-145.69M$10.48M
2023-12-31$-58.41M$8.93M
2022-12-31$-371.64M$9.19M
2021-12-31$21.70M$13.60M
2020-12-31$202.16M$13.52M
2019-12-31$-41.93M$7.54M
2018-12-31$-116.72M$5.94M
2017-12-31$-68.47M$4.19M
2016-12-31$-108.18M$3.40M

Investor relations

Next earnings report

Next confirmed report
2026-11-03

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-04Jun/2026-
2026-04-28--
2026-02-17--
2025-11-04--
2025-08-05--
2025-04-29--
2025-02-25--
2024-11-05--

Filings and sources

Company website
lgihomes.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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