OverviewSuggest Edit

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

TypePublic
Founded2003
HQSpring, US
Websitelgihomes.com
Employee Ratings4.3

Latest Updates

Employees (est.) (Dec 2018)857(+19%)
Revenue (FY, 2018)$1.5 B(+20%)
Share Price (Nov 2019)$71.2

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 $1.50 b in FY, 2018
USD

Revenue (Q3, 2019)

483.1m

Gross profit (Q3, 2019)

116.7m

Gross profit margin (Q3, 2019), %

24.1%

Net income (Q3, 2019)

49.3m

EBIT (Q3, 2019)

64.0m

Market capitalization (15-Nov-2019)

1.6b

Closing stock price (15-Nov-2019)

71.2

Cash (30-Sep-2019)

37.0m

EV

3.1b
LGI Homes's current market capitalization is $1.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

162.8m383.3m630.2m838.3m1.3b1.5b

Revenue growth, %

135%64%33%

Cost of goods sold

121.3m280.5m463.3m616.7m937.5m1.1b

Gross profit

41.5m102.8m166.9m221.6m320.4m379.9m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

54.1m31.4m37.6m49.5m67.6m46.6m

Accounts Receivable

5.4m7.4m17.3m17.1m44.7m42.8m

Inventories

717.7m

PP&E

844.7k1.6m2.1m2.0m1.7m1.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.0k25.7m42.9m46.2m39.0m49.7m36.5m47.6m49.7m45.9m31.6m27.3m48.0m52.0m48.9m38.0m35.1m37.6m37.0m

Accounts Receivable

5.5m9.2m9.7m13.0m14.8m15.8m13.8m15.1m15.6m17.2m34.1m32.7m21.7m31.7m31.4m32.0m43.2m45.4m

Inventories

1.5b

PP&E

1.0m1.2m1.4m1.7m2.1m2.1m2.0m2.0m2.0m1.9m1.9m1.9m1.6m1.7m1.5m1.5m1.4m1.6m
USDY, 2019

EV/EBIT

48.4 x

EV/CFO

-29.8 x

Financial Leverage

2.1 x
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LGI Homes Online and Social Media Presence

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LGI Homes News and Updates

LGI Homes, Inc. Reports Third Quarter and YTD 2019 Results and Updates 2019 Guidance

THE WOODLANDS, Texas, Nov. 05, 2019 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced results for the third quarter 2019 and the nine months ended September 30, 2019.

LGI Homes Announces New Phase of Upgraded Homes near Austin, Texas

AUSTIN, Texas, Sept. 24, 2019 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) announces a new phase of upgraded homes at the highly-desirable community of Liberty Parke, located north of Austin in Liberty Hill, Texas. LGI Homes will celebrate this new phase at Liberty Parke with a grand opening …

LGI Homes Expands San Antonio Presence with New Community in New Braunfels

NEW BRAUNFELS, Texas, Sept. 06, 2019 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (LGIH) today announced the highly anticipated grand opening of Morningside Trails, located right off I-35, just north of San Antonio, Texas in the bustling city of New Braunfels.

LGI Homes Introduces New Floor Plans in Minneapolis

MINNEAPOLIS, Aug. 22, 2019 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced the addition of six new floor plans to its Minneapolis-area communities. Priced from the $230s, this new selection of homes offers buyers exceptional value for a newly constructed home situated in an ameni…

LGI Homes Boosts Seattle Presence with Two New Communities

Daisy Landing and Kembers Court Offer Affordability and Convenience; Priced from the $370s

LGI Homes Reveals A New Lineup Of Floor Plans At Its New Community In Colorado Springs

COLORADO SPRINGS, Colo., Aug. 14, 2019 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) debuts new floor plans in Colorado Springs at its new community, Carriage Meadows at Lorson Ranch.
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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 857 employees.

  • What is LGI Homes revenue?

    Latest LGI Homes annual revenue is $1.5 b.

  • What is LGI Homes revenue per employee?

    Latest LGI Homes revenue per employee is $1.8 m.

  • Who are LGI Homes competitors?

    Competitors of LGI Homes include Barratt Developments, On Point Custom Homes and Nor-Son.

  • 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.