LGI Homes is a publicly-traded homebuilder. The Company procures and develops its own land, maximizing efficiencies and keeping costs low.

Employee Rating

3.6More
TypePublic
HQSpring, US
Founded2003
Size (employees)591 (est)
Websitelgihomes.com
LGI Homes was founded in 2003 and is headquartered in Spring, US
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Key People/Management at LGI Homes

Eric Lipar

Eric Lipar

Chief Executive Officer & Chairman of the Board
Mike Snider

Mike Snider

President & Chief Operating Officer
Charles Merdian

Charles Merdian

Chief Financial Officer & Treasurer
Jack Lipar

Jack Lipar

Executive Vice President of Acquisitions
Rachel Eaton

Rachel Eaton

Chief Marketing Officer
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LGI Homes Office Locations

LGI Homes has an office in Spring
Spring, US (HQ)
1450 Lake Robbins Dr
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LGI Homes Financials and Metrics

LGI Homes Revenue

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LGI Homes's revenue was reported to be $1.26 b in FY, 2017
USD

Revenue (Q3, 2018)

380.4m

Gross profit (Q3, 2018)

97.3m

Gross profit margin (Q3, 2018), %

25.6%

Net income (Q3, 2018)

37.7m

EBIT (Q3, 2018)

51.7m

Market capitalization (17-Dec-2018)

928.4m

Closing stock price (17-Dec-2018)

40.9

Cash (30-Sep-2018)

38.0m

EV

2.1b
LGI Homes's current market capitalization is $928.4 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

162.8m383.3m630.2m838.3m1.3b

Revenue growth, %

135%64%33%

Cost of goods sold

121.3m280.5m463.3m616.7m937.5m

Gross profit

41.5m102.8m166.9m221.6m320.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

38.0m75.9m106.4m92.5m120.7m158.8m174.0m162.5m222.7m216.3m162.9m324.2m365.9m279.0m419.8m380.4m

Cost of goods sold

27.1m56.4m78.0m67.3m89.2m116.3m127.9m121.1m163.6m159.5m119.4m237.8m274.0m209.8m310.1m283.0m

Gross profit

11.0m19.5m28.4m25.3m31.5m42.6m46.0m41.4m59.1m56.8m43.5m86.3m91.9m69.3m109.8m97.3m

Gross profit Margin, %

29%26%27%27%26%27%26%25%27%26%27%27%25%25%26%26%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

54.1m31.4m37.6m49.5m67.6m

Accounts Receivable

5.4m7.4m17.3m17.1m44.7m

Inventories

142.0m367.9m531.2m717.7m918.9m

PP&E

844.7k1.6m2.1m2.0m1.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

21.7m28.2m52.8m75.0m113.3m

Depreciation and Amortization

291.6k825.0k883.0k1.1m791.0k

Inventories

(74.6m)(200.0m)(151.7m)(183.9m)(200.6m)

Accounts Payable

5.8m1.5m9.6m(11.7m)(257.0k)
USDY, 2018

EV/EBIT

41.5 x

EV/CFO

-21 x

Debt/Equity

2 x

Debt/Assets

0.9 x

Financial Leverage

2.2 x
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LGI Homes Online and Social Media Presence

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LGI Homes News and Updates

LGI Homes Opens Three New Communities in Greater Raleigh

RALEIGH, N.C., Dec. 13, 2018 (GLOBE NEWSWIRE) -- LGI Homes, INC. (Nasdaq:LGIH) announces the opening of three new communities in the Raleigh area: Kendal Forest, Brinley Manor and Addyson at Holden Road.

LGI Homes Expands Across Greater Orlando Market

ORLANDO, Fla., Dec. 05, 2018 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) is now selling in two new communities in the Orlando area, Meadow Ridge and The Ridge at Swan Lake. Located in northwest and southwest Orlando, respectively, both of these incredible neighborhoods provide easy access to…

LGI Homes, Inc. Reports November 2018 Home Closings

THE WOODLANDS, Texas, Dec. 04, 2018 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced 500 homes closed in November 2018, compared to 543 home closings in November 2017. The Company ended the first eleven months of 2018 with 5,628 home closings, a 10.9% increase over 5,075 home clos…

LGI Homes Is Now Selling in Premier Locations in the Deltona-Daytona Beach-Ormond Beach Metropolitan Area

DELTONA, Fla., Nov. 21, 2018 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) is now offering new homes in Volusia County, Florida. These homes are ideally positioned throughout DeLand, Florida and Deltona, Florida and offer easy access to I-4 and US-17. Homeowners will enjoy the close proximity …

LGI Homes, Inc. Announces $50 Million Stock Repurchase Program

THE WOODLANDS, Texas, Nov. 09, 2018 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced that its Board of Directors authorized a stock repurchase program, pursuant to which the Company may purchase up to $50 million of shares of its common stock through open market transactions, priv…

LGI Homes, Inc. Reports October 2018 Home Closings

THE WOODLANDS, Texas, Nov. 05, 2018 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced 468 homes closed in October 2018, compared to 531 home closings in October 2017. The Company ended the first ten months of 2018 with 5,128 home closings, a 13.2% increase over 4,532 home closings …
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LGI Homes Company Life and Culture

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LGI Homes Frequently Asked Questions

  • When was LGI Homes founded?

    LGI Homes was founded in 2003.

  • Who are LGI Homes key executives?

    LGI Homes's key executives are Eric Lipar, Mike Snider and Charles Merdian.

  • How many employees does LGI Homes have?

    LGI Homes has 591 employees.

  • What is LGI Homes revenue?

    Latest LGI Homes annual revenue is $1.3 b.

  • What is LGI Homes revenue per employee?

    Latest LGI Homes revenue per employee is $2.1 m.

  • Who are LGI Homes competitors?

    Competitors of LGI Homes include Kier Group, On Point Custom Homes and Barratt Developments.

  • Where is LGI Homes headquarters?

    LGI Homes headquarters is located at 1450 Lake Robbins Dr, Spring.

  • Where are LGI Homes offices?

    LGI Homes has an office in Spring.

  • How many offices does LGI Homes have?

    LGI Homes has 1 office.