Legence Corp. (LGN)

Legence Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	2,214	2,099	1,615	1,247
Revenue Growth (YoY)	77.61%	29.94%	29.57%	-
Cost of Revenue	1,742	1,668	1,300	1,013
Gross Profit	471.87	430.77	315.15	233.71
Selling, General & Admin	267.72	239.34	184.45	141.03
Operating Expenses	371.05	336.49	264.69	223.54
Operating Income	100.82	94.27	50.46	10.17
Interest Expense	-109.97	-91.61	-68.2	-50.84
Interest & Investment Income	3.15	5.46	4.25	0.24
Earnings From Equity Investments	1.99	3.06	1.33	-
Other Non Operating Income (Expenses)	-6.3	-7.33	-0.56	-0.51
EBT Excluding Unusual Items	-10.31	3.86	-12.72	-40.94
Merger & Restructuring Charges	-4.82	-9.18	-5.4	-6.66
Impairment of Goodwill	-17.8	-17.8	-5.05	-23.44
Other Unusual Items	-	-	-30.77	-3.62
Pretax Income	-32.72	-23.12	-53.94	-74.66
Income Tax Expense	9.17	4.52	-7.92	7.61
Earnings From Continuing Operations	-41.88	-27.64	-46.03	-82.27
Minority Interest in Earnings	-4.39	-0.91	-	-
Net Income	-46.27	-28.56	-46.03	-82.27
Net Income to Common	-46.27	-28.56	-46.03	-82.27
Free Cash Flow	85.02	10.26	16.84	0.68
Gross Margin	21.31%	20.53%	19.51%	18.75%
Operating Margin	4.55%	4.49%	3.12%	0.82%
Profit Margin	-2.09%	-1.36%	-2.85%	-6.60%
Free Cash Flow Margin	3.84%	0.49%	1.04%	0.06%
EBITDA	217.47	205.12	143.26	103.19
EBITDA Margin	9.82%	9.77%	8.87%	8.28%
D&A For EBITDA	116.65	110.85	92.8	93.02
EBIT	100.82	94.27	50.46	10.17
EBIT Margin	4.55%	4.49%	3.12%	0.82%

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

SEC Filings: 10-K · 10-Q