LGI Homes, Inc. (LGIH)

LGI Homes Income Statement

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

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

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q