LGI Homes Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	106.1	196.07	199.23	326.57	429.65	323.9
Depreciation & Amortization	3.88	3.11	2.41	1.58	1.15	0.71
Loss (Gain) From Sale of Assets	-14.01	-14.01	-1.63	-2.21	-0.72	-0
Loss (Gain) on Equity Investments	2.09	1.07	1.99	-0.91	-	-
Stock-Based Compensation	8.61	10.48	8.93	9.19	13.6	13.52
Other Operating Activities	-0.48	-1.11	-1.98	-7.04	14.76	-2.37
Change in Accounts Receivable	27.78	12.6	-16.18	32.77	58.03	-59.55
Change in Inventory	-322.25	-365.89	-255.52	-823.92	-463.64	-70.23
Change in Accounts Payable	-15.37	1.66	6.33	11.12	-0.76	1.18
Change in Other Net Operating Assets	33.89	12.28	-0.55	82.42	-30.37	-5
Operating Cash Flow	-169.74	-143.74	-56.97	-370.45	21.7	202.16
Operating Cash Flow Growth	-	-	-	-	-89.27%	-
Capital Expenditures	-1.53	-1.95	-1.44	-1.19	-1.73	-2.69
Sale of Property, Plant & Equipment	35.6	25.44	-	-	-	-
Cash Acquisitions	-	-	-	-	-66.97	-
Investment in Securities	2.5	-7.87	-12.21	-4.78	-1.69	-2.96
Investing Cash Flow	36.57	15.62	-13.65	-5.97	-70.39	-5.65
Long-Term Debt Issued	-	992.31	937.69	768.44	1,240	377.06
Long-Term Debt Repaid	-	-827.85	-841.03	-316.81	-969	-530
Net Debt Issued (Repaid)	178.49	164.46	96.66	451.62	270.82	-152.94
Issuance of Common Stock	3.77	4.83	5.26	5.62	7.11	4.26
Repurchase of Common Stock	-36.61	-30.97	-	-95.1	-193.78	-48.08
Other Financing Activities	-11.39	-5.98	-14.32	-4.24	-20.89	-2.16
Financing Cash Flow	134.25	132.34	87.6	357.9	63.26	-198.91
Net Cash Flow	1.08	4.22	16.98	-18.52	14.57	-2.4
Free Cash Flow	-171.27	-145.69	-58.41	-371.64	19.97	199.47
Free Cash Flow Growth	-	-	-	-	-89.99%	-
Free Cash Flow Margin	-9.57%	-6.62%	-2.48%	-16.13%	0.66%	8.42%
Free Cash Flow Per Share	-7.33	-6.17	-2.47	-15.66	0.80	7.86
Cash Interest Paid	110.83	112.98	80.96	41.59	28.85	34.92
Cash Income Tax Paid	64.1	35.3	96.5	56.9	127.9	68.4
Levered Free Cash Flow	-136.77	-99.37	-75.29	-477.33	-124.12	126.27
Unlevered Free Cash Flow	-136.77	-99.37	-75.29	-477.33	-124.12	126.27
Change in Working Capital	-275.94	-339.35	-265.91	-697.62	-436.74	-133.6

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.