Legacy Housing vs LGI Homes
LGI Homes is the larger business, with $1.71bn of revenue in fiscal 2025 against $165m for Legacy Housing (10.4 times as much). Legacy Housing grew faster (-10.7% against -22.6%). Legacy Housing kept more of each dollar of sales as profit: a net margin of 25.4% against 4.3%. Legacy Housing carries less debt relative to equity (0.2% against 80.0%).
| Latest fiscal year | Legacy HousingLEGH, 2025 | LGI HomesLGIH, 2025 |
|---|---|---|
| Revenue | $165m | $1.71bn |
| Revenue growth | -10.7% | -22.6% |
| Net income | $41.8m | $72.6m |
| Operating margin | 29.4% | 4.7% |
| Net margin | 25.4% | 4.3% |
| Return on equity | 8.2% | 3.5% |
| Free cash flow | $28.2m | −$141m |
| Cash | $8.5m | $61.2m |
| Total debt | $1.2m | $1.68bn |
| Debt to equity | 0.2% | 80.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $7.6m | $23.6m |
| Employees | 592 | 1,056 |
| Market value | $732m | $1.03bn |
| Price vs our value range | Above our value range | — |
| Moat score | 69 (Moderate) | 65 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 18 sales |