Lgi Homes Inc Financials
Lgi Homes Inc (LGIH) reported $1.7B in revenue for fiscal year 2025, down 22.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Shrinking revenue, compressing margins, and negative cash conversion show a business funding a larger asset base with more debt.
Across the last three valid years, positive net income coexisted with negative operating cash flow, and long-term debt reached$1.7B by FY2025; that mix says earnings are not being released as cash quickly enough to fund the operating asset base. With total assets still expanding, the business is relying more on balance-sheet capacity than on internally generated cash to keep moving.
The visible deterioration is not just lower sales but margin compression: gross margin slid from
The balance-sheet posture has grown heavier: total assets rose to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Lgi Homes Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Lgi Homes Inc has an operating margin of 4.7%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 60/100, indicating healthy but not exceptional operating efficiency. This is down from 9.6% the prior year.
Lgi Homes Inc's revenue declined 22.6% year-over-year, from $2.2B to $1.7B. This contraction results in a growth score of 7/100.
Lgi Homes Inc has elevated debt relative to equity (D/E of 0.79), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 2/100, reflecting increased financial risk.
Not available for Lgi Homes Inc, and counted as zero in the overall score.
Lgi Homes Inc's operations used $140.0M of cash, and capex of $924K added to the outflow, for a free cash flow shortfall of $140.9M. This results in a cash flow score of 18/100.
Not available for Lgi Homes Inc, and counted as zero in the overall score.
Lgi Homes Inc passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Lgi Homes Inc used $1.93 of operating cash (-$140.0M OCF vs $72.6M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Lgi Homes Inc generated $1.7B in revenue in fiscal year 2025. This represents a decrease of 22.6% from the prior year.
Lgi Homes Inc's EBITDA was $84.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 60.9% from the prior year.
Lgi Homes Inc reported $72.6M in net income in fiscal year 2025. This represents a decrease of 63.0% from the prior year.
Lgi Homes Inc earned $3.12 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 62.4% from the prior year.
Cash & Balance Sheet
Lgi Homes Inc recorded an outflow of $140.9M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 3.3% from the prior year.
Lgi Homes Inc held $61.2M in cash against $1.7B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Lgi Homes Inc's gross margin was 20.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.5 percentage points from the prior year.
Lgi Homes Inc's operating margin was 4.7% in fiscal year 2025, reflecting core business profitability. This is down 4.9 percentage points from the prior year.
Lgi Homes Inc's net profit margin was 4.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.6 percentage points from the prior year.
Lgi Homes Inc's ROE was 3.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 6.2 percentage points from the prior year.
Capital Allocation
Lgi Homes Inc spent $23.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 23.7% from the prior year.
Lgi Homes Inc invested $924K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 52.7% from the prior year.
Not reported for fiscal year 2025.
LGIH Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B-22.6% | $2.2B-6.6% | $2.4B+2.3% | $2.3B-24.4% | $3.1B+28.8% | $2.4B+28.8% | $1.8B+22.2% | $1.5B+19.6% | $1.3B+50.1% | $838.3M+33.0% | $630.2M+64.4% | $383.3M+135.4% | $162.8M+113.6% | $76.2M+51.1% | $50.5M |
| Cost of Revenue | $1.4B | $1.4B-19.0% | $1.7B-8.1% | $1.8B+9.6% | $1.7B-25.7% | $2.2B+26.5% | $1.8B+25.9% | $1.4B+24.7% | $1.1B+19.9% | $937.5M+52.0% | $616.7M+33.1% | $463.3M+65.2% | $280.5M+131.2% | $121.3M+122.5% | $54.5M+48.6% | $36.7M |
| Gross Profit | $331.8M | $353.5M-33.7% | $533.3M-1.6% | $542.2M-16.1% | $646.6M-21.0% | $818.0M+35.6% | $603.1M+38.2% | $436.5M+14.9% | $379.9M+18.6% | $320.4M+44.6% | $221.6M+32.8% | $166.9M+62.4% | $102.8M+147.9% | $41.5M+91.2% | $21.7M+57.7% | $13.8M |
| SG&A Expenses | $107.5M | $111.6M-7.9% | $121.2M+3.3% | $117.3M+5.2% | $111.6M+11.2% | $100.3M+11.5% | $90.0M+16.3% | $77.4M+10.0% | $70.3M+26.4% | $55.7M+29.0% | $43.2M+26.0% | $34.3M+44.3% | $23.7M+74.5% | $13.6M+123.2% | $6.1M+18.9% | $5.1M |
| Operating Income | N/A | $79.8M-62.4% | $212.1M-9.0% | $233.3M-40.2% | $390.1M-28.8% | $547.7M+50.2% | $364.7M+60.3% | $227.5M+13.7% | $200.1M+17.9% | $169.8M+52.3% | $111.5M+39.9% | $79.7M+88.0% | $42.4M+158.6% | $16.4M+66.3% | $9.9M+120.8% | $4.5M |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $51K+5000.0% | $1K-96.4% | $28K |
| Income Tax | $25.5M | $25.9M-58.7% | $62.8M+0.5% | $62.5M-31.7% | $91.5M-19.1% | $113.1M+157.4% | $44.0M-17.4% | $53.2M+21.5% | $43.8M-24.6% | $58.1M+50.3% | $38.6M+40.8% | $27.4M+84.6% | $14.9M+1294.7% | $1.1M+587.7% | $155K+24.1% | $125K |
| Net Income | $66.2M | $72.6M-63.0% | $196.1M-1.6% | $199.2M-39.0% | $326.6M-24.0% | $429.6M+32.6% | $323.9M+81.3% | $178.6M+15.0% | $155.3M+37.1% | $113.3M+51.0% | $75.0M+42.0% | $52.8M+87.3% | $28.2M+26.4% | $22.3M+130.1% | $9.7M+189.7% | $3.4M |
| EPS (Diluted) | — | $3.12-62.4% | $8.30-1.4% | $8.42-38.8% | $13.76-20.2% | $17.25+35.2% | $12.76+81.8% | $7.02+12.5% | $6.24+31.9% | $4.73+38.7% | $3.41+39.8% | $2.44+83.5% | $1.33 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
LGIH Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.9B+4.5% | $3.8B+10.3% | $3.4B+9.1% | $3.1B+32.9% | $2.4B+28.8% | $1.8B+9.6% | $1.7B+19.4% | $1.4B+29.2% | $1.1B+32.6% | $814.5M+31.6% | $618.7M+41.2% | $438.1M+98.2% | $221.0M+385.1% | $45.6M | N/A |
| Cash & Equivalents | $61.2M+15.1% | $53.2M+8.6% | $49.0M+53.1% | $32.0M-36.7% | $50.5M+40.5% | $35.9M-6.3% | $38.3M-17.8% | $46.6M-31.0% | $67.6M+36.5% | $49.5M+31.8% | $37.6M+19.8% | $31.4M-42.0% | $54.1M+664.8% | $7.1M+38.5% | $5.1M |
| Accounts Receivable | $32.5M+13.1% | $28.7M-30.5% | $41.3M+64.3% | $25.1M-56.6% | $57.9M-50.1% | $115.9M+105.6% | $56.4M+31.6% | $42.8M-4.2% | $44.7M+162.1% | $17.1M-1.6% | $17.3M+135.2% | $7.4M+36.3% | $5.4M+485.3% | $923K | N/A |
| Goodwill | $12.0M0.0% | $12.0M0.0% | $12.0M0.0% | $12.0M0.0% | $12.0M0.0% | $12.0M0.0% | $12.0M0.0% | $12.0M0.0% | $12.0M0.0% | $12.0M | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.8B+6.4% | $1.7B+10.9% | $1.6B+4.7% | $1.5B+55.1% | $956.0M+39.1% | $687.1M-16.3% | $820.9M+11.0% | $739.5M+25.3% | $590.0M+28.5% | $459.3M+23.7% | $371.3M+45.3% | $255.6M+351.4% | $56.6M+178.4% | $20.3M | N/A |
| Long-Term Debt | $1.7B+11.9% | $1.5B+18.6% | $1.2B+11.8% | $1.1B+38.7% | $805.2M+49.6% | $538.4M-22.0% | $690.6M+5.6% | $653.7M+37.6% | $475.2M+18.7% | $400.5M+31.5% | $304.6M+40.9% | $216.1M+508.1% | $35.5M+137.4% | $15.0M | N/A |
| Total Equity | $2.1B+2.9% | $2.0B+9.8% | $1.9B+13.0% | $1.6B+17.7% | $1.4B+22.5% | $1.1B+34.8% | $845.2M+28.9% | $655.9M+33.9% | $489.8M+37.9% | $355.2M+43.6% | $247.4M+35.6% | $182.5M+11.0% | $164.4M+552.0% | $25.2M+72.3% | $14.6M |
| Retained Earnings | $2.2B+3.5% | $2.1B+10.4% | $1.9B+11.8% | $1.7B+23.9% | $1.4B+46.0% | $934.3M+53.1% | $610.4M+41.4% | $431.8M+56.2% | $276.5M+69.4% | $163.2M+85.1% | $88.2M+149.6% | $35.3M+396.8% | $7.1M | N/A | N/A |
Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities.
LGIH Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $132.6M | -$140.0M+2.6% | -$143.7M-152.3% | -$57.0M+84.6% | -$370.5M-1807.1% | $21.7M-89.3% | $202.2M+582.1% | -$41.9M+64.1% | -$116.7M-70.5% | -$68.5M+36.7% | -$108.2M-21.3% | -$89.2M+48.5% | -$173.2M-217.9% | -$54.5M-1071.1% | -$4.7M-148.7% | $9.6M |
| Capital Expenditures | $1.6M | $924K-52.7% | $2.0M+35.3% | $1.4M+21.6% | $1.2M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $131.0M | -$140.9M+3.3% | -$145.7M-149.4% | -$58.4M+84.3% | -$371.6M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $51.4M | $27.9M+78.9% | $15.6M+214.4% | -$13.6M-128.7% | -$6.0M+91.5% | -$70.4M-1146.3% | -$5.6M-215.0% | -$1.8M+97.6% | -$74.9M-14366.8% | -$518K+28.3% | -$722K+35.4% | -$1.1M+93.2% | -$16.4M+47.7% | -$31.3M-1081.8% | -$2.6M-52.4% | -$1.7M |
| Financing Cash Flow | -$182.4M | $120.1M-9.3% | $132.3M+51.1% | $87.6M-75.5% | $357.9M+465.7% | $63.3M+131.8% | -$198.9M-661.1% | $35.4M-79.2% | $170.7M+96.1% | $87.0M-28.0% | $120.9M+25.3% | $96.5M-42.2% | $166.9M+25.7% | $132.7M+1333.2% | $9.3M+216.2% | -$8.0M |
| Share Buybacks | N/A | $23.6M-23.7% | $31.0M | $0-100.0% | $95.1M-50.9% | $193.8M+303.0% | $48.1M | $0-100.0% | $1.5M | $0 | $0 | $0-100.0% | $16.6M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
LGIH Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.7%-3.5pp | 24.2%+1.2pp | 23.0%-5.1pp | 28.1%+1.2pp | 26.8%+1.4pp | 25.5%+1.7pp | 23.8%-1.5pp | 25.3%-0.2pp | 25.5%-1.0pp | 26.4%-0.1pp | 26.5%-0.3pp | 26.8%+1.4pp | 25.5%-3.0pp | 28.5%+1.2pp | 27.3% |
| Operating Margin | 4.7%-4.9pp | 9.6%-0.3pp | 9.9%-7.0pp | 16.9%-1.0pp | 18.0%+2.6pp | 15.4%+3.0pp | 12.4%-0.9pp | 13.3%-0.2pp | 13.5%+0.2pp | 13.3%+0.7pp | 12.6%+1.6pp | 11.1%+1.0pp | 10.1%-2.9pp | 12.9%+4.1pp | 8.8% |
| Net Margin | 4.3%-4.6pp | 8.9%+0.4pp | 8.5%-5.7pp | 14.2%+0.1pp | 14.1%+0.4pp | 13.7%+4.0pp | 9.7%-0.6pp | 10.3%+1.3pp | 9.0%+0.1pp | 8.9%+0.6pp | 8.4%+1.0pp | 7.4%-6.3pp | 13.7%+1.0pp | 12.7%+6.1pp | 6.6% |
| Return on Equity | 3.5%-6.2pp | 9.6%-1.1pp | 10.7%-9.2pp | 19.9%-10.9pp | 30.8%+2.3pp | 28.4%+7.3pp | 21.1%-2.5pp | 23.7%+0.5pp | 23.1%+2.0pp | 21.1%-0.2pp | 21.4%+5.9pp | 15.5%+1.9pp | 13.6%-24.9pp | 38.5%+15.6pp | 22.9% |
| Return on Assets | 1.8%-3.4pp | 5.2%-0.6pp | 5.9%-4.6pp | 10.4%-7.8pp | 18.3%+0.5pp | 17.7%+7.0pp | 10.7%-0.4pp | 11.1%+0.6pp | 10.5%+1.3pp | 9.2%+0.7pp | 8.5%+2.1pp | 6.4%-3.7pp | 10.1%-11.2pp | 21.3% | N/A |
| Debt-to-Equity | 0.79+0.1x | 0.73+0.1x | 0.670.0x | 0.68+0.1x | 0.58+0.1x | 0.47-0.3x | 0.82-0.2x | 1.000.0x | 0.97-0.2x | 1.13-0.1x | 1.230.0x | 1.18+1.0x | 0.22-0.4x | 0.59 | N/A |
| FCF Margin | -8.3%-1.7pp | -6.6%-4.1pp | -2.5%+13.7pp | -16.1% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Current Ratio.
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Where Lgi Homes Inc Ranks
Frequently Asked Questions
What is Lgi Homes Inc's annual revenue?
Lgi Homes Inc (LGIH) reported $1.7B in total revenue for fiscal year 2025. This represents a -22.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lgi Homes Inc's revenue growing?
Lgi Homes Inc (LGIH) revenue declined by 22.6% year-over-year, from $2.2B to $1.7B in fiscal year 2025.
Is Lgi Homes Inc profitable?
Yes, Lgi Homes Inc (LGIH) reported a net income of $72.6M in fiscal year 2025, with a net profit margin of 4.3%.
What is Lgi Homes Inc's EBITDA?
Lgi Homes Inc (LGIH) had EBITDA of $84.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Lgi Homes Inc have?
As of fiscal year 2025, Lgi Homes Inc (LGIH) had $61.2M in cash and equivalents against $1.7B in long-term debt.
What is Lgi Homes Inc's gross margin?
Lgi Homes Inc (LGIH) had a gross margin of 20.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Lgi Homes Inc's operating margin?
Lgi Homes Inc (LGIH) had an operating margin of 4.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Lgi Homes Inc's net profit margin?
Lgi Homes Inc (LGIH) had a net profit margin of 4.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Lgi Homes Inc's return on equity (ROE)?
Lgi Homes Inc (LGIH) has a return on equity of 3.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lgi Homes Inc's free cash flow?
Lgi Homes Inc (LGIH) recorded an outflow of $140.9M in free cash flow during fiscal year 2025. This represents a 3.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lgi Homes Inc's operating cash flow?
Lgi Homes Inc (LGIH) recorded an outflow of $140.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Lgi Homes Inc's total assets?
Lgi Homes Inc (LGIH) had $3.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lgi Homes Inc's capital expenditures?
Lgi Homes Inc (LGIH) invested $924K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Lgi Homes Inc's debt-to-equity ratio?
Lgi Homes Inc (LGIH) had a debt-to-equity ratio of 0.79 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lgi Homes Inc's return on assets (ROA)?
Lgi Homes Inc (LGIH) had a return on assets of 1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lgi Homes Inc's cash runway?
Based on fiscal year 2025 data, Lgi Homes Inc (LGIH) had $61.2M in cash against an annual operating cash burn of $140.0M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Lgi Homes Inc's Piotroski F-Score?
Lgi Homes Inc (LGIH) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lgi Homes Inc's earnings high quality?
For every $1 of reported earnings, Lgi Homes Inc (LGIH) used $1.93 of operating cash (-$140.0M OCF vs $72.6M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Lgi Homes Inc?
Lgi Homes Inc (LGIH) scores 15 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.