LGI Homes

Based in The Woodlands, Texas, LGI Homes is a publicly-traded homebuilder that has been making the dream of homeownership come true for buyers since 2003. Our beautiful new homes, offered in amenity-rich communities conveniently located near major metropolitan areas, give the best in location, affordability and lifestyle to our homebuyers. Our mission is simple: give first-time and long-time homebuyers quality homes at affordable prices. We are able to pass through savings to our customers because we procure and develop our own land, maximizing efficiencies and keeping costs low. Our communities are located close to the urban centers where people work and play, while allowing our residents to enjoy the slower pace, open space and reduced expense that exists just a short distance from the city. We consider our communities the best of both worlds: where affordable homeownership meets the vibrancy and attractions of the greater metropolitan area. In addition to our presence in several Texas markets, we have recently expanded into the Arizona, Florida, Georgia, New Mexico, North Carolina, and Colorado markets. This expansion promises to herald another successful phase in our company's growth and we look forward to serving a whole host of new homebuyers in these states.
Company Growth (employees)
Type
Public
HQ
Spring, US
Founded
2003
Size (employees)
591 (est)+21%
LGI Homes was founded in 2003 and is headquartered in Spring, US

LGI Homes Office Locations

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

LGI Homes Data and Metrics

LGI Homes Financial Metrics

LGI Homes's revenue was reported to be $838.3 m in FY, 2016 which is a 33% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

838.3 m

Revenue growth (FY, 2015 - FY, 2016), %

33%

Gross profit (FY, 2016)

221.6 m

Gross profit margin (FY, 2016), %

26%

Net income (FY, 2016)

75 m

EBIT (FY, 2016)

111.5 m

Market capitalization (24-May-2017)

700 m

Closing share price (24-May-2017)

32.2

Cash (31-Dec-2016)

49.5 m

EV

1.5 b
LGI Homes's current market capitalization is $700 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

162.8 m383.3 m630.2 m838.3 m

Revenue growth, %

135%64%33%

Cost of goods sold

121.3 m280.5 m463.3 m616.7 m

Gross profit

41.5 m102.8 m166.9 m221.6 m

Gross profit Margin, %

25%27%26%26%

EBIT

12.1 m42.4 m79.7 m111.5 m

EBIT margin, %

7%11%13%13%

Pre tax profit

22.8 m43.1 m80.3 m113.7 m

Net Income

21.7 m28.2 m52.8 m75 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

54.1 m31.4 m37.6 m49.5 m

Accounts Receivable

5.4 m7.4 m17.3 m17.1 m

Inventories

142 m367.9 m531.2 m717.7 m

PP&E

844.7 k1.6 m2.1 m2 m

Goodwill

12.7 m12.5 m12.2 m12 m

Total Assets

221 m438.1 m622.3 m814.5 m

Accounts Payable

14 m15.5 m24 m12.3 m

Total Debt

71.1 m432.2 m801 m

Common Stock

223 k

Additional Paid-in Capital

157.1 m163.5 m175.6 m208.3 m

Retained Earnings

7.1 m35.3 m88.2 m163.2 m

Total Equity

164.4 m182.5 m247.4 m355.2 m

Debt to Equity Ratio

0.4 x2.4 x2.3 x

Debt to Assets Ratio

0.3 x1 x1 x

Financial Leverage

1.3 x2.4 x2.5 x2.3 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

21.7 m28.2 m52.8 m75 m

Depreciation and Amortization

291.6 k825 k883 k1.1 m

Accounts Receivable

(3.9 m)(2 m)(10 m)270 k

Inventories

(75 m)(200 m)(150 m)(180 m)

Accounts Payable

5.8 m1.5 m9.6 m(11.7 m)

Cash From Operating Activities

(54.5 m)(173.2 m)(89.2 m)(108.2 m)

Purchases of PP&E

(684.4 k)(1.2 m)(1.1 m)(722 k)

Cash From Investing Activities

(31.3 m)(16.4 m)(1.1 m)(722 k)

Long-term Borrowings

(52 m)(45 m)

Cash From Financing Activities

132.7 m166.9 m96.5 m120.9 m
Y, 2016

EV/EBIT

13 x

EV/CFO

-13.4 x

Debt/Equity

2.3 x

Debt/Assets

1 x

Financial Leverage

2.3 x

LGI Homes Market Value History

LGI Homes Online and Social Media Presence

LGI Homes Company Life and Culture

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