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.
Residential Construction
US, The Woodlands [HQ]
LGIH/Financial Reporting
Income Statements
13 Sheets · Starting from 2011In Million USD. Margins, Growth Rates In %
| Metric | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 50.00 | 76.00 | 162.00 | 383.00 | 630.00 | 838.00 | 1,257.00 | 1,504.00 | 1,838.00 | 2,367.00 | 3,050.00 | 2,304.00 | 2,358.00 | |
|
EPS
|
0.45 | 1.30 | 1.08 | 1.37 | 2.65 | 3.61 | 5.24 | 6.24 | 7.70 | 12.89 | 17.46 | 13.90 | 8.48 | |
| Diluted in mil. | 0.45 | 1.30 | 1.08 | 1.33 | 2.44 | 3.41 | 4.73 | 6.24 | 7.02 | 12.76 | 17.25 | 13.76 | 8.42 | |
|
Profit
|
13.00 | 21.00 | 41.00 | 102.00 | 166.00 | 221.00 | 320.00 | 379.00 | 436.00 | 603.00 | 818.00 | 646.00 | 542.00 | |
| Gross Margin | 27.26 | 28.46 | 25.47 | 26.82 | 26.49 | 26.44 | 25.47 | 25.25 | 23.75 | 25.47 | 26.82 | 28.06 | 22.99 | |
| Pre Tax | 4.00 | 10.00 | 22.00 | 43.00 | 80.00 | 113.00 | 171.00 | 199.00 | 231.00 | 367.00 | 542.00 | 418.00 | 261.00 | |
| Profit Margin | 9.19 | 13.15 | 14.01 | 11.24 | 12.74 | 13.56 | 13.63 | 13.23 | 12.61 | 15.53 | 17.80 | 18.14 | 11.10 | |
| ETR | 2.69 | 1.54 | 4.67 | 34.51 | 34.19 | 33.99 | 33.89 | 22.01 | 22.96 | 11.95 | 20.84 | 21.90 | 23.89 | |
| Net | 3.00 | 9.00 | 22.00 | 28.00 | 52.00 | 75.00 | 113.00 | 155.00 | 178.00 | 323.00 | 429.00 | 326.00 | 199.00 | |
| Profit Margin | 6.64 | 12.73 | 13.71 | 7.36 | 8.38 | 8.95 | 9.01 | 10.32 | 9.72 | 13.68 | 14.09 | 14.17 | 8.45 | |
| EBITDA | 4.00 | 10.00 | 12.00 | 43.00 | 79.00 | 111.00 | 169.00 | 203.00 | 227.00 | 364.00 | 561.00 | 390.00 | 235.00 | |
| EBITDA Margin | 9.40 | 13.39 | 7.43 | 11.24 | 12.64 | 13.30 | 13.50 | 13.54 | 12.39 | 15.40 | 18.41 | 16.93 | 9.99 | |
| Operating Income | 4.00 | 9.00 | 16.00 | 42.00 | 79.00 | 111.00 | 169.00 | 200.00 | 227.00 | 364.00 | 547.00 | 390.00 | 233.00 | |
| Operating Margin | 8.84 | 12.92 | 10.06 | 11.06 | 12.64 | 13.30 | 13.50 | 13.30 | 12.38 | 15.40 | 17.96 | 16.93 | 9.89 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Loss | -46.00 | -67.00 | -150.00 | -340.00 | -550.00 | -726.00 | -1,088.00 | -1,304.00 | -1,610.00 | -2,003.00 | -2,502.00 | -1,914.00 | -2,125.00 | |
| Cost of Revenue | -36.00 | -54.00 | -121.00 | -280.00 | -463.00 | -616.00 | -937.00 | -1,124.00 | -1,401.00 | -1,764.00 | -2,232.00 | -1,657.00 | -1,816.00 | |
|
Operating Expenses
|
-10.00 | -13.00 | -29.00 | -60.00 | -87.00 | -110.00 | -150.00 | -179.00 | -208.00 | -238.00 | -270.00 | -256.00 | -308.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -5.00 | -6.00 | -13.00 | -23.00 | -34.00 | -43.00 | -55.00 | -70.00 | -77.00 | -90.00 | -100.00 | -111.00 | -117.00 | |
| SG&A | -10.00 | -13.00 | -29.00 | -60.00 | -87.00 | -110.00 | -150.00 | -179.00 | -208.00 | -238.00 | -270.00 | -256.00 | -308.00 | |
| S&M | -4.00 | -7.00 | -15.00 | -36.00 | -52.00 | -66.00 | -94.00 | -109.00 | -131.00 | -148.00 | -170.00 | -144.00 | -191.00 | |
| Depreciation and Amortization | - - | - - | - - | - - | - - | -1.00 | - - | - - | - - | - - | -1.00 | -1.00 | -2.00 | |
| Interest Expenses | - - | - - | - - | - - | - - | - - | - - | - - | -45.00 | -37.00 | -28.00 | -29.00 | -87.00 | |
| Other Expenses | - - | -1.00 | -10.00 | - - | - - | -2.00 | -1.00 | -1.00 | -4.00 | -3.00 | -4.00 | -28.00 | -28.00 | |
|
WA Shares Outstanding
|
7.00 | 7.00 | 20.00 | 20.00 | 19.00 | 20.00 | 21.00 | 24.00 | 23.00 | 25.00 | 24.00 | 23.00 | 23.00 | |
| Diluted | 7.00 | 7.00 | 20.00 | 21.00 | 21.00 | 22.00 | 23.00 | 24.00 | 25.00 | 25.00 | 24.00 | 23.00 | 23.00 |