LGIH - LGI Homes, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$88.80
DETAILS
HIGH:
$125.00
LOW:
$60.00
MEDIAN:
$85.00
CONSENSUS:
$88.80
UPSIDE:
92.58%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 1,705.5 | 2,202.6 | 2,358.6 | 2,304.5 | 3,050.1 | 2,367.9 | 1,838.2 | 1,504.4 | 1,258.0 | 838.3 | 630.2 | 383.3 | 162.8 | 76.2 | 50.5 |
| Cost of Revenue | 1,352.0 | 1,669.3 | 1,816.4 | 1,657.9 | 2,232.1 | 1,764.8 | 1,401.7 | 1,124.5 | 937.5 | 616.7 | 463.3 | 280.5 | 121.3 | 54.5 | 36.7 |
| Gross Profit | 353.5 | 533.3 | 542.2 | 646.6 | 818.0 | 603.1 | 436.5 | 379.9 | 320.4 | 221.6 | 166.9 | 102.8 | 41.5 | 21.7 | 13.8 |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 273.8 | 321.1 | 308.9 | 256.5 | 270.3 | 238.4 | 208.9 | 179.8 | 150.6 | 110.1 | 87.3 | 60.4 | 29.4 | 13.4 | 10.0 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 0 | 0.0 | 0 | 0 |
| Operating Expenses | 273.8 | 321.1 | 308.9 | 256.5 | 270.3 | 238.4 | 208.9 | 179.8 | 150.6 | 110.1 | 87.3 | 60.4 | 29.4 | 13.4 | 10.0 |
| Operating Income | |||||||||||||||
| Operating Income | 79.8 | 212.1 | 233.3 | 390.1 | 547.7 | 364.7 | 227.5 | 200.1 | 169.8 | 111.5 | 79.7 | 42.4 | 16.4 | 9.9 | 4.5 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.0 | 0.0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 |
| Profitability | |||||||||||||||
| EBITDA | 102.8 | 262.0 | 235.7 | 391.7 | 548.9 | 370.3 | 231.5 | 202.2 | 170.8 | 113.0 | 82.7 | 46.8 | 23.1 | 10.2 | 4.7 |
| EBIT | 98.5 | 258.9 | 233.3 | 390.1 | 547.7 | 369.6 | 230.9 | 201.5 | 170.0 | 112.0 | 81.8 | 46.0 | 22.9 | 10.0 | 4.7 |
| Income Before Tax | 98.5 | 258.9 | 261.8 | 418.1 | 542.8 | 367.8 | 231.8 | 199.1 | 171.4 | 113.7 | 80.3 | 43.1 | 22.8 | 10.0 | 4.6 |
| Income Tax Expense | 25.9 | 62.8 | 62.5 | 91.5 | 113.1 | 44.0 | 53.2 | 43.8 | 58.1 | 38.6 | 27.4 | 14.9 | 1.1 | 0.2 | 0.1 |
| Net Income | 72.6 | 196.1 | 199.2 | 326.6 | 429.6 | 323.9 | 178.6 | 155.3 | 113.3 | 75.0 | 52.8 | 28.2 | 22.3 | 9.7 | 3.4 |
| Per Share Data | |||||||||||||||
| EPS (Basic) | 3.13 | 8.33 | 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) | 3.12 | 8.30 | 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 |
| Shares Outstanding | 23.2 | 23.5 | 23.5 | 23.5 | 24.6 | 25.1 | 23.2 | 24.9 | 21.6 | 20.8 | 19.9 | 20.7 | 20.8 | 7.5 | 7.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 61.2 | 53.2 | 49.0 | 32.0 | 50.5 | 35.9 | 38.3 | 46.6 | 67.6 | 49.5 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 32.5 | 28.7 | 41.3 | 25.1 | 57.9 | 115.9 | 56.4 | 42.8 | 44.7 | 17.1 |
| Inventory | 3,520.6 | 3,387.9 | 3,107.6 | 2,898.3 | 2,085.9 | 1,569.5 | 1,499.6 | 1,228.3 | 918.9 | 717.7 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | (37.2) | (12.1) | (7.5) | (3) |
| Total Current Assets | 3,614.3 | 3,469.8 | 3,197.9 | 2,955.4 | 2,194.3 | 1,721.4 | 1,594.4 | 1,317.7 | 1,031.2 | 784.3 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 107.1 | 57.0 | 45.5 | 33.0 | 16.9 | 3.6 | 1.6 | 1.4 | 1.7 | 2.0 |
| Goodwill | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45.8 | 18.9 | (3.5) |
| Other Non-Current Assets | 0 | 210.4 | 144.2 | 118.2 | 122.4 | 82.1 | 53.5 | 15.8 | 14.2 | 16.3 |
| Total Non-Current Assets | 129.1 | 288.8 | 209.9 | 169.4 | 157.5 | 104.7 | 71.8 | 77.8 | 48.7 | 30.3 |
| Total Assets | 3,927.2 | 3,758.5 | 3,407.9 | 3,124.8 | 2,351.9 | 1,826.1 | 1,666.1 | 1,395.5 | 1,079.9 | 814.5 |
| Current Liabilities | ||||||||||
| Account Payables | 16.2 | 33.3 | 31.6 | 25.3 | 62.8 | 43.6 | 48.4 | 9.2 | 12.0 | 12.3 |
| Short-Term Debt | 0 | 0 | 104.5 | 141.8 | 0 | 296.7 | 296.0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (68.3) | 0 | 0 |
| Other Current Liabilities | 0 | 0 | (104.5) | (141.8) | 0 | (296.7) | 0 | 323.4 | 48.4 | 36.9 |
| Total Current Liabilities | 16.2 | 137.9 | 131.0 | 156.9 | 81.9 | 80.6 | 384.4 | 85.8 | 114.9 | 58.7 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 1,656.8 | 1,517.9 | 1,352.8 | 1,258.8 | 805.2 | 538.4 | 394.5 | 653.7 | 475.2 | 400.5 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 |
| Other Non-Current Liabilities | 158.0 | 59.4 | 63.1 | 61.5 | 63.6 | 62.7 | 36.3 | 0 | 35.1 | 0 |
| Total Non-Current Liabilities | 1,814.8 | 1,583.4 | 1,420.8 | 1,325.5 | 874.2 | 606.4 | 436.5 | 653.7 | 475.2 | 400.6 |
| Total Liabilities | 1,831.0 | 1,721.3 | 1,551.8 | 1,482.4 | 956.0 | 687.1 | 820.9 | 739.5 | 590.0 | 459.3 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 |
| Retained Earnings | 2,158.3 | 2,085.8 | 1,889.7 | 1,690.5 | 1,363.9 | 934.3 | 610.4 | 431.8 | 276.5 | 163.2 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (3.5) | (3.1) | (2.4) |
| Total Stockholders' Equity | 2,096.3 | 2,037.2 | 1,856.0 | 1,642.4 | 1,395.8 | 1,139.0 | 845.2 | 655.9 | 489.8 | 355.2 |
| Total Liabilities & Equity | 3,927.2 | 3,758.5 | 3,407.9 | 3,124.8 | 2,351.9 | 1,826.1 | 1,666.1 | 1,395.5 | 1,079.9 | 814.5 |
| Debt Metrics | ||||||||||
| Total Debt | 1,656.8 | 1,524.0 | 1,462.2 | 1,405.8 | 810.6 | 840.4 | 696.2 | 653.7 | 475.2 | 400.5 |
| Net Debt | 1,595.6 | 1,470.8 | 1,413.2 | 1,373.8 | 760.1 | 804.4 | 657.9 | 607.1 | 407.6 | 351.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 72.6 | 196.1 | 199.2 | 326.6 | 429.6 | 323.9 | 178.6 | 155.3 | 113.3 | 75.0 |
| Depreciation & Amortization | 4.3 | 3.1 | 2.4 | 1.6 | 1.2 | 0.7 | 0.6 | 0.7 | 0.8 | 1.1 |
| Stock-Based Compensation | 6.0 | 10.5 | 8.9 | 9.2 | 13.6 | 13.5 | 7.5 | 5.9 | 4.2 | 3.4 |
| Change in Working Capital | 0 | (339.4) | (265.9) | (697.6) | (436.7) | (133.6) | (227.1) | (281.5) | (184.7) | (185) |
| Other Non-Cash Items | (222.2) | (12.9) | 0.4 | (10.2) | 13.3 | (0.0) | 0.2 | 3.6 | 0.0 | (0.1) |
| Operating Cash Flow | (140.0) | (143.7) | (57.0) | (370.5) | 21.7 | 202.2 | (41.9) | (116.7) | (68.5) | (108.2) |
| Investing Activities | ||||||||||
| Capital Expenditure | (0.9) | (2.0) | (1.4) | (1.2) | (1.7) | (2.7) | (0.7) | (0.5) | (0.5) | (0.7) |
| Acquisitions | 0 | 0 | 0 | (4.8) | (68.7) | (3.0) | (1.1) | (74.5) | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | (5.0) | (1.7) | (3.0) | (1.1) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 9.8 | 70.4 | 5.9 | 2.1 | 0 | 0 | 0 |
| Other Investing Activities | 28.9 | 17.6 | (12.2) | (4.8) | (68.7) | (3.0) | (1.1) | 0 | 0 | 0 |
| Investing Cash Flow | 27.9 | 15.6 | (13.6) | (6.0) | (70.4) | (5.6) | (1.8) | (74.9) | (0.5) | (0.7) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | 164.5 | 96.7 | 451.6 | 270.8 | (152.9) | 35.5 | 176.5 | 75 | 95 |
| Stock Repurchased | 0 | (31.0) | 0 | (95.1) | (193.8) | (48.1) | 0 | (1.5) | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 116.5 | (6.0) | (14.3) | 1.4 | (20.9) | (2.2) | (3.0) | (6.9) | 12.0 | 25.9 |
| Financing Cash Flow | 120.1 | 132.3 | 87.6 | 357.9 | 63.3 | (198.9) | 35.4 | 170.7 | 87.0 | 120.9 |
| Cash Position | ||||||||||
| Net Change in Cash | 8.1 | 4.2 | 17.0 | (18.5) | 14.6 | (2.4) | (8.3) | (20.9) | 18.1 | 11.9 |
| Cash at Beginning | 53.2 | 49.0 | 32.0 | 50.5 | 35.9 | 38.3 | 46.6 | 67.6 | 49.5 | 37.6 |
| Cash at End | 61.2 | 53.2 | 49.0 | 32.0 | 50.5 | 35.9 | 38.3 | 46.6 | 67.6 | 49.5 |
| Free Cash Flow | (140.9) | (145.7) | (58.4) | (371.6) | 20.0 | 199.5 | (42.7) | (117.2) | (69.0) | (108.9) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 1,705.5 | 2,202.6 | 2,358.6 | 2,304.5 | 3,050.1 | 2,367.9 | 1,838.2 | 1,504.4 | 1,258.0 | 838.3 | 630.2 | 383.3 | 162.8 | 76.2 | 50.5 |
| Gross Profit | 353.5 | 533.3 | 542.2 | 646.6 | 818.0 | 603.1 | 436.5 | 379.9 | 320.4 | 221.6 | 166.9 | 102.8 | 41.5 | 21.7 | 13.8 |
| Operating Income | 79.8 | 212.1 | 233.3 | 390.1 | 547.7 | 364.7 | 227.5 | 200.1 | 169.8 | 111.5 | 79.7 | 42.4 | 16.4 | 9.9 | 4.5 |
| Net Income | 72.6 | 196.1 | 199.2 | 326.6 | 429.6 | 323.9 | 178.6 | 155.3 | 113.3 | 75.0 | 52.8 | 28.2 | 22.3 | 9.7 | 3.4 |
| EPS (Diluted) | 3.12 | 8.30 | 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 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 61.2 | 53.2 | 49.0 | 32.0 | 50.5 | 35.9 | 38.3 | 46.6 | 67.6 | 49.5 | |||||
| Total Assets | 3,927.2 | 3,758.5 | 3,407.9 | 3,124.8 | 2,351.9 | 1,826.1 | 1,666.1 | 1,395.5 | 1,079.9 | 814.5 | |||||
| Total Debt | 1,656.8 | 1,524.0 | 1,462.2 | 1,405.8 | 810.6 | 840.4 | 696.2 | 653.7 | 475.2 | 400.5 | |||||
| Stockholders' Equity | 2,096.3 | 2,037.2 | 1,856.0 | 1,642.4 | 1,395.8 | 1,139.0 | 845.2 | 655.9 | 489.8 | 355.2 | |||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | (140.0) | (143.7) | (57.0) | (370.5) | 21.7 | 202.2 | (41.9) | (116.7) | (68.5) | (108.2) | |||||
| Capital Expenditure | (0.9) | (2.0) | (1.4) | (1.2) | (1.7) | (2.7) | (0.7) | (0.5) | (0.5) | (0.7) | |||||
| Free Cash Flow | (140.9) | (145.7) | (58.4) | (371.6) | 20.0 | 199.5 | (42.7) | (117.2) | (69.0) | (108.9) | |||||