LGI Historical Income Statement

LGIH Stock  USD 98.04  0.21  0.21%   
Historical analysis of LGI Homes income statement accounts such as Selling And Marketing Expenses of 99.5 M can show how well LGI Homes performed in making a profits. Evaluating LGI Homes income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LGI Homes's future profits or losses.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining LGI Homes latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LGI Homes is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.

About LGI Income Statement Analysis

LGI Homes Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to LGI Homes shareholders. The income statement also shows LGI investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

LGI Homes Income Statement Chart

LGI Homes Income Statement is one of the three primary financial statements used for reporting LGI's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of LGI Homes revenue and expense. LGI Homes Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, LGI Homes' Non Operating Income Net Other is increasing as compared to previous years. The LGI Homes' current Tax Provision is estimated to increase to about 65.1 M, while Depreciation And Amortization is projected to decrease to under 2 M.

Total Revenue

Total revenue comprises all receipts LGI Homes generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of LGI Homes minus its cost of goods sold. It is profit before LGI Homes operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from LGI Homes' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LGI Homes current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.As of now, LGI Homes' Non Operating Income Net Other is increasing as compared to previous years. The LGI Homes' current Tax Provision is estimated to increase to about 65.1 M, while Depreciation And Amortization is projected to decrease to under 2 M.
 2021 2022 2023 2024 (projected)
Gross Profit818.0M646.6M542.2M365.1M
Total Revenue3.1B2.3B2.4B1.4B

LGI Homes income statement Correlations

0.230.450.490.60.630.580.710.710.720.590.470.69-0.120.670.69-0.230.68-0.140.770.260.06
0.230.590.60.520.480.550.380.380.380.540.60.410.780.390.45-0.250.420.80.510.740.85
0.450.590.990.970.950.980.890.890.880.971.00.910.460.890.89-0.60.880.380.80.620.43
0.490.60.990.980.950.990.880.880.880.981.00.90.380.880.88-0.60.870.310.780.580.45
0.60.520.970.980.991.00.960.960.961.00.980.970.30.960.93-0.560.960.230.860.50.31
0.630.480.950.950.990.990.980.980.980.990.960.990.280.980.94-0.550.970.210.880.470.25
0.580.550.980.991.00.990.950.950.951.00.980.960.320.950.92-0.570.940.250.840.520.35
0.710.380.890.880.960.980.951.01.00.950.891.00.191.00.93-0.50.990.120.90.370.12
0.710.380.890.880.960.980.951.01.00.950.891.00.191.00.93-0.50.990.120.90.370.12
0.720.380.880.880.960.980.951.01.00.950.891.00.180.990.94-0.50.990.110.90.370.12
0.590.540.970.981.00.991.00.950.950.950.980.960.30.950.92-0.560.950.240.840.510.33
0.470.61.01.00.980.960.980.890.890.890.980.90.410.890.89-0.60.880.340.790.60.44
0.690.410.910.90.970.990.961.01.01.00.960.90.241.00.94-0.510.990.170.910.410.15
-0.120.780.460.380.30.280.320.190.190.180.30.410.240.230.26-0.220.250.970.330.770.73
0.670.390.890.880.960.980.951.01.00.990.950.891.00.230.91-0.491.00.160.880.390.14
0.690.450.890.880.930.940.920.930.930.940.920.890.940.260.91-0.560.90.190.950.470.2
-0.23-0.25-0.6-0.6-0.56-0.55-0.57-0.5-0.5-0.5-0.56-0.6-0.51-0.22-0.49-0.56-0.45-0.04-0.4-0.18-0.14
0.680.420.880.870.960.970.940.990.990.990.950.880.990.251.00.9-0.450.190.890.390.15
-0.140.80.380.310.230.210.250.120.120.110.240.340.170.970.160.19-0.040.190.280.780.77
0.770.510.80.780.860.880.840.90.90.90.840.790.910.330.880.95-0.40.890.280.510.22
0.260.740.620.580.50.470.520.370.370.370.510.60.410.770.390.47-0.180.390.780.510.84
0.060.850.430.450.310.250.350.120.120.120.330.440.150.730.140.2-0.140.150.770.220.84
Click cells to compare fundamentals

LGI Homes Account Relationship Matchups

LGI Homes income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization169K710K14.0M1.6M2.4M2.0M
Interest Expense45.6M3.8M28.4M29.6M87.6M92.0M
Selling General Administrative77.4M90.0M100.3M111.6M117.4M63.3M
Selling And Marketing Expenses131.6M148.4M170.0M144.9M191.6M99.5M
Total Revenue1.8B2.4B3.1B2.3B2.4B1.4B
Gross Profit436.5M603.1M818.0M646.6M542.2M365.1M
Other Operating Expenses1.6B2.0B2.5B1.9B2.1B1.2B
Operating Income227.5M364.7M547.7M390.1M233.3M202.9M
Ebit227.5M364.7M547.7M390.1M233.3M202.7M
Ebitda227.7M365.4M561.7M391.7M235.7M204.7M
Cost Of Revenue1.4B1.8B2.2B1.7B1.8B1.1B
Total Operating Expenses208.9M238.4M270.3M256.5M308.9M162.8M
Income Before Tax231.8M367.8M542.8M418.1M261.8M208.8M
Total Other Income Expense Net4.3M3.1M(4.9M)28.0M28.5M29.9M
Net Income Applicable To Common Shares178.6M323.9M429.6M326.6M375.6M394.3M
Net Income178.6M323.9M429.6M326.6M199.2M162.3M
Income Tax Expense53.2M44.0M113.1M91.5M62.5M46.4M
Net Income From Continuing Ops178.6M323.9M429.6M326.6M199.2M190.4M
Non Operating Income Net Other4.3M3.1M(4.9M)28.0M32.2M33.8M
Tax Provision53.2M44.0M113.1M91.5M62.5M65.1M
Reconciled Depreciation643K710K1.2M1.6M2.4M1.3M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for LGI Stock analysis

When running LGI Homes' price analysis, check to measure LGI Homes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LGI Homes is operating at the current time. Most of LGI Homes' value examination focuses on studying past and present price action to predict the probability of LGI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LGI Homes' price. Additionally, you may evaluate how the addition of LGI Homes to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bonds Directory
Find actively traded corporate debentures issued by US companies
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Is LGI Homes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LGI Homes. If investors know LGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LGI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Earnings Share
8
Revenue Per Share
96.028
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0436
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.