Company Analysis

LGI Homes, Inc. (LGIH)

Nasdaq: LGIH · Operative Builders · The Woodlands, TX · filing with the SEC since 2013
Grade2.8
◀ Past 3.4● Present 3.2▶ Future 1.2

The grade of LGI Homes, Inc.

Nine metrics read from its own filings, by tense
Headline grade
2.8/10
◀ Past3.440% of the headline
● Present3.235% of the headline
▶ Future1.225% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.4/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.9/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2026-06-10.

weight 33% of this tense · 39th percentile among 18 sector filers · read for itself

From the record

LGI Homes, Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2026-06-10) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.2/10

What has it actually done, year after year?

+8.2% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 32nd percentile among 17 sector filers · read for its customers

From the record

LGI Homes, Inc.'s 10 filed years say what it did: revenue went from $838 million in fiscal 2016 to $1.7 billion in fiscal 2025, up 8.2% a year; it rose in 6 of 9 years; the deepest fall was 44% from fiscal 2021 to fiscal 2025; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span8.2%bottom 32% of its family
  • the share of years revenue rosebottom 35% of its family
  • the share of filed years with a profittop 41% of its family
  • the deepest fall from a revenue peak44.1%bottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.8/10

How has it treated the people who own it?

Share count shrank 0.7% a year. 12% of cash flow returned. Insiders: 18 sales, 0 purchases.

weight 22% of this tense · 28th percentile among 18 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, LGI Homes, Inc.'s diluted share count shrank about 0.7% a year, and dividends and buybacks returned about 12% of its net income over 3 years (its filed statements). Its officers and directors filed 18 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 36% of its family
  • cash returned against operating cash flowbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.2/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
2.0/10

Is it financially healthy right now?

ROE 3%: 3¢ of profit per shareholder dollar. Leverage 47%: owes 47¢ per asset dollar.

weight 33% of this tense · 20th percentile among 18 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, LGI Homes, Inc. earned about 3 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 9 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 47 cents per dollar of assets, and net share issuance: its share count shrank 1.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 42% of its family
  • return on equitybottom 3% of its family
  • gross profit against assetsbottom 6% of its family
  • the share count against the year beforebottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.7/10

How strong is its position in its industry?

bottom 17% of 17 in its family; net margin 4.3%.

weight 45% of this tense · 17th percentile among 17 sector filers · read for its customers

From the record

LGI Homes, Inc.'s standing among 17 graded names in its industry family: revenue of $1.7 billion in fiscal 2025 ranks in the bottom 10% by size; a net margin of 4.3% ranks in the bottom 38%; revenue growth of -9.5% a year over the last 3 filed years ranks in the bottom 3% (its annual reports).

What it rests on

  • revenue against the family$1.71Bbottom 10% of its family
  • net margin4.3%bottom 38% of its family
  • three-year revenue growth-9.5%bottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.1/10

What are the people in charge doing?

top 19% of 15 in its family for leadership; chief executive since 2013.

weight 22% of this tense · 81st percentile among 15 sector filers · read for its shareholders

From the record

LGI Homes, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lipar, Eric Thomas (CEO and Chairman of the Board, as filed), filing under that title since 2013-11-05, 13 years (top 30% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 13 years (top 25%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 3%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge1 in three years among 10 peopletop 3% of its family
  • the median years the people in charge have filed13.0 yearstop 25% of its family
  • the chief executive's years on the record13.0 yearstop 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

1.2/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
1.9/10

How much room does it have to grow?

bottom 19% of 15 in its family for room to expand.

weight 33% of this tense · 19th percentile among 15 sector filers · read for itself

From the record

LGI Homes, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $61 million against debt of $1.7 billion leaves -40.6% of its assets as net cash, bottom 3% of its family; cash from operations less capital spending is -8.3% of revenue (bottom 15%); a gross margin of 20.7% (bottom 39%) (its annual report).

What it rests on

  • cash less debt against assets-40.6%bottom 3% of its family
  • cash from operations less capital spending against revenue-8.3%bottom 15% of its family
  • gross margin20.7%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
0.7/10

What could actually drive growth from here?

bottom 7% of 17 in its family for growth drivers.

weight 33% of this tense · 7th percentile among 17 sector filers · read for its customers

From the record

LGI Homes, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -9.5% a year over the last three filed years against 8.2% over all 10, slowing (bottom 15% of its family); the newest year grew -22.6% (bottom 3%); capital spending grew -20% a year (bottom 3%) (its annual reports). LGI Homes, Inc. reported 5 lines of business in fiscal 2025: Southeast at $472 million (28%), Central at $419 million (25%), West at $387 million (23%), and 2 more; 0 of 5 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-17.8 points a yearbottom 15% of its family
  • the newest year's revenue growth-22.6%bottom 3% of its family
  • three-year growth of capital spending-20.0%bottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
0.9/10

Did its newest year beat what its own record pointed to?

bottom 9% of 16 in its family for expectations against reality.

weight 33% of this tense · 9th percentile among 16 sector filers · read for its shareholders

From the record

LGI Homes, Inc.'s newest year against its own record: revenue of $1.7 billion in fiscal 2025 came in 20.8% below the $2.2 billion its prior three years' pace pointed to (bottom 3% of its family); net income of $73 million against a prior three-year average of $241 million (bottom 22%); a net margin of 4.3% against 10.5% before (bottom 3%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-20.8%bottom 3% of its family
  • net income against the prior three years' average-70%bottom 22% of its family
  • net margin against its prior average-6.3 pointsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton LGIH · research, not advice