Legence Corp. (LGN)

Legence Income Statement

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

Year Ending	TTM	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	2,214	2,099	1,615	1,247
Revenue Growth (YoY)	-	29.94%	29.57%	-
Cost of Revenue	-	1,668	1,300	1,013
Gross Profit	471.87	430.77	315.15	233.71
Selling, General & Admin	-	242.89	186.06	142.05
Other Operating Expenses	0	117.53	118.83	115.9
Operating Expenses	-	360.42	304.89	257.95
Operating Income	80.41	70.35	10.26	-24.25
Interest Expense / Income	106.82	86.15	63.95	50.6
Other Expense / Income	6.3	7.33	0.26	-0.19
Pretax Income	-37.1	-24.03	-53.94	-74.66
Income Tax	9.17	4.52	-7.92	7.61
Net Income	-41.88	-27.64	-46.03	-82.27
Net Income 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	3.63%	3.35%	0.64%	-1.94%
Profit Margin	-2.09%	-1.36%	-2.85%	-6.60%
Free Cash Flow Margin	3.84%	0.49%	1.04%	0.06%
EBITDA	195.46	178.92	107.84	74.49
EBITDA Margin	8.83%	8.53%	6.68%	5.98%
Depreciation & Amortization	121.36	115.9	97.84	98.56
EBIT	74.1	63.02	10	-24.06
EBIT Margin	3.35%	3.00%	0.62%	-1.93%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).