LGI Homes Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,706	2,203	2,359	2,304	3,050
Revenue Growth (YoY)	-22.57%	-6.61%	2.35%	-24.45%	28.81%
Cost of Revenue	1,348	1,665	1,810	1,651	2,227
Gross Profit	357.01	537.32	548.68	653.47	823
Selling, General & Admin	273.77	321.14	308.93	256.49	270.34
Operating Expenses	273.77	321.14	308.93	256.49	270.34
Operating Income	83.24	216.18	239.75	396.98	552.66
Earnings From Equity Investments	1.9	13.3	12.8	5.5	-
Other Non Operating Income (Expenses)	14.21	19.45	14.07	20.3	8.34
EBT Excluding Unusual Items	99.35	248.93	266.61	422.78	561
Merger & Restructuring Charges	-3.46	-4.03	-6.49	-6.87	-4.96
Gain (Loss) on Sale of Assets	2.6	14.01	1.63	2.21	0.72
Other Unusual Items	-	-	-	-	-13.98
Pretax Income	98.49	258.91	261.75	418.12	542.78
Income Tax Expense	25.93	62.84	62.53	91.55	113.13
Net Income	72.55	196.07	199.23	326.57	429.65
Net Income to Common	72.55	196.07	199.23	326.57	429.65
Net Income Growth	-63.00%	-1.58%	-38.99%	-23.99%	32.65%
Shares Outstanding (Basic)	23	24	24	23	25
Shares Outstanding (Diluted)	23	24	24	24	25
Shares Change (YoY)	-1.51%	-0.16%	-0.35%	-4.73%	-1.86%
EPS (Basic)	3.13	8.33	8.48	13.90	17.46
EPS (Diluted)	3.12	8.30	8.42	13.76	17.25
EPS Growth	-62.41%	-1.43%	-38.81%	-20.23%	35.19%
Free Cash Flow	-140.9	-145.69	-58.41	-371.64	19.97
Free Cash Flow Per Share	-6.06	-6.17	-2.47	-15.66	0.80
Gross Margin	20.93%	24.39%	23.26%	28.36%	26.98%
Operating Margin	4.88%	9.81%	10.17%	17.23%	18.12%
Profit Margin	4.25%	8.90%	8.45%	14.17%	14.09%
Free Cash Flow Margin	-8.26%	-6.62%	-2.48%	-16.13%	0.66%
EBITDA	87.56	219.29	242.16	398.55	553.82
EBITDA Margin	5.13%	9.96%	10.27%	17.29%	18.16%
D&A For EBITDA	4.32	3.11	2.41	1.58	1.15
EBIT	83.24	216.18	239.75	396.98	552.66
EBIT Margin	4.88%	9.81%	10.17%	17.23%	18.12%
Effective Tax Rate	26.33%	24.27%	23.89%	21.90%	20.84%
Advertising Expenses	40.2	43.6	33.1	18.7	7.7

Source: S&P Global Market Intelligence. Standard template. Financial Sources.