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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,163	2,203	2,359	2,304	3,050	2,368
Revenue Growth (YoY)	-4.37%	-6.61%	2.35%	-24.45%	28.81%	28.82%
Cost of Revenue	1,644	1,665	1,810	1,651	2,227	1,760
Gross Profit	519.64	537.32	548.68	653.47	823	607.97
Selling, General & Admin	322.02	321.14	308.93	256.49	270.34	238.39
Operating Expenses	322.02	321.14	308.93	256.49	270.34	238.39
Operating Income	197.62	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)	20.65	19.45	14.07	20.3	8.34	3.14
EBT Excluding Unusual Items	231.57	248.93	266.61	422.78	561	372.72
Merger & Restructuring Charges	-4.04	-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	241.54	258.91	261.75	418.12	542.78	367.85
Income Tax Expense	58.53	62.84	62.53	91.55	113.13	43.95
Net Income	183.01	196.07	199.23	326.57	429.65	323.9
Net Income to Common	183.01	196.07	199.23	326.57	429.65	323.9
Net Income Growth	-3.33%	-1.58%	-38.99%	-23.99%	32.65%	81.34%
Shares Outstanding (Basic)	23	24	24	23	25	25
Shares Outstanding (Diluted)	24	24	24	24	25	25
Shares Change (YoY)	-0.43%	-0.16%	-0.35%	-4.73%	-1.86%	-0.20%
EPS (Basic)	7.79	8.33	8.48	13.90	17.46	12.89
EPS (Diluted)	7.76	8.30	8.42	13.76	17.25	12.76
EPS Growth	-2.92%	-1.43%	-38.81%	-20.23%	35.19%	81.77%
Free Cash Flow	-173.18	-145.69	-58.41	-371.64	19.97	199.47
Free Cash Flow Per Share	-7.35	-6.17	-2.47	-15.66	0.80	7.86
Gross Margin	24.02%	24.39%	23.26%	28.36%	26.98%	25.67%
Operating Margin	9.14%	9.81%	10.17%	17.23%	18.12%	15.61%
Profit Margin	8.46%	8.90%	8.45%	14.17%	14.09%	13.68%
Free Cash Flow Margin	-8.01%	-6.62%	-2.48%	-16.13%	0.66%	8.42%
EBITDA	200.92	219.29	242.16	398.55	553.82	370.29
EBITDA Margin	9.29%	9.96%	10.27%	17.29%	18.16%	15.64%
D&A For EBITDA	3.3	3.11	2.41	1.58	1.15	0.71
EBIT	197.62	216.18	239.75	396.98	552.66	369.58
EBIT Margin	9.14%	9.81%	10.17%	17.23%	18.12%	15.61%
Effective Tax Rate	24.23%	24.27%	23.89%	21.90%	20.84%	11.95%
Advertising Expenses	-	43.6	33.1	18.7	7.7	10.7

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q