LGI Homes, Inc. (LGIH)

LGI Homes Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,044	2,203	2,359	2,304	3,050	2,368
Revenue Growth (YoY)	-7.89%	-6.61%	2.35%	-24.45%	28.81%	28.82%
Cost of Revenue	1,565	1,665	1,810	1,651	2,227	1,760
Gross Profit	479.23	537.32	548.68	653.47	823	607.97
Selling, General & Admin	309.66	321.14	308.93	256.49	270.34	238.39
Operating Expenses	309.66	321.14	308.93	256.49	270.34	238.39
Operating Income	169.58	216.18	239.75	396.98	552.66	369.58
Earnings From Equity Investments	13.3	13.3	12.8	5.5	-	-
Other Non Operating Income (Expenses)	13.72	19.45	14.07	20.3	8.34	3.14
EBT Excluding Unusual Items	196.6	248.93	266.61	422.78	561	372.72
Merger & Restructuring Charges	-3.91	-4.03	-6.49	-6.87	-4.96	-4.87
Gain (Loss) on Sale of Assets	14.01	14.01	1.63	2.21	0.72	0
Other Unusual Items	-	-	-	-	-13.98	-
Pretax Income	206.7	258.91	261.75	418.12	542.78	367.85
Income Tax Expense	50.73	62.84	62.53	91.55	113.13	43.95
Net Income	155.97	196.07	199.23	326.57	429.65	323.9
Net Income to Common	155.97	196.07	199.23	326.57	429.65	323.9
Net Income Growth	-19.91%	-1.58%	-38.99%	-23.99%	32.65%	81.34%
Shares Outstanding (Basic)	23	24	24	23	25	25
Shares Outstanding (Diluted)	23	24	24	24	25	25
Shares Change (YoY)	-0.77%	-0.16%	-0.35%	-4.73%	-1.86%	-0.20%
EPS (Basic)	6.66	8.33	8.48	13.90	17.46	12.89
EPS (Diluted)	6.64	8.30	8.42	13.76	17.25	12.76
EPS Growth	-19.33%	-1.43%	-38.81%	-20.23%	35.19%	81.77%
Free Cash Flow	-175.83	-145.69	-58.41	-371.64	19.97	199.47
Free Cash Flow Per Share	-7.49	-6.17	-2.47	-15.66	0.80	7.86
Gross Margin	23.44%	24.39%	23.26%	28.36%	26.98%	25.67%
Operating Margin	8.30%	9.81%	10.17%	17.23%	18.12%	15.61%
Profit Margin	7.63%	8.90%	8.45%	14.17%	14.09%	13.68%
Free Cash Flow Margin	-8.60%	-6.62%	-2.48%	-16.13%	0.66%	8.42%
EBITDA	173.11	219.29	242.16	398.55	553.82	370.29
EBITDA Margin	8.47%	9.96%	10.27%	17.29%	18.16%	15.64%
D&A For EBITDA	3.53	3.11	2.41	1.58	1.15	0.71
EBIT	169.58	216.18	239.75	396.98	552.66	369.58
EBIT Margin	8.30%	9.81%	10.17%	17.23%	18.12%	15.61%
Effective Tax Rate	24.54%	24.27%	23.89%	21.90%	20.84%	11.95%
Advertising Expenses	-	43.6	33.1	18.7	7.7	10.7

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q