LGI Historical Income Statement
LGIH Stock | USD 105.82 3.09 3.01% |
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.
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.
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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
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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 closely tied 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' Net Income Applicable To Common Shares is increasing as compared to previous years. The LGI Homes' current Non Operating Income Net Other is estimated to increase to about 33.8 M, while Selling General Administrative is projected to decrease to under 63.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 818.0M | 646.6M | 542.2M | 365.1M | Total Revenue | 3.1B | 2.3B | 2.4B | 1.4B |
LGI Homes income statement Correlations
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LGI Homes Account Relationship Matchups
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LGI Homes income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 169K | 710K | 1.2M | 1.6M | 2.4M | 2.5M | |
Interest Expense | 45.6M | 3.8M | 28.4M | 29.6M | 87.6M | 92.0M | |
Selling General Administrative | 77.4M | 90.0M | 100.3M | 111.6M | 117.4M | 63.3M | |
Selling And Marketing Expenses | 131.6M | 148.4M | 170.0M | 144.9M | 191.6M | 99.5M | |
Total Revenue | 1.8B | 2.4B | 3.1B | 2.3B | 2.4B | 1.4B | |
Gross Profit | 436.5M | 603.1M | 818.0M | 646.6M | 542.2M | 365.1M | |
Other Operating Expenses | 1.6B | 2.0B | 2.5B | 1.9B | 2.1B | 1.2B | |
Operating Income | 227.5M | 364.7M | 547.7M | 390.1M | 233.3M | 202.9M | |
Ebit | 227.5M | 364.7M | 547.7M | 390.1M | 233.3M | 202.7M | |
Ebitda | 227.7M | 365.4M | 548.9M | 391.7M | 235.7M | 203.7M | |
Cost Of Revenue | 1.4B | 1.8B | 2.2B | 1.7B | 1.8B | 1.1B | |
Total Operating Expenses | 208.9M | 238.4M | 270.3M | 256.5M | 308.9M | 162.8M | |
Income Before Tax | 231.8M | 367.8M | 542.8M | 418.1M | 261.8M | 208.8M | |
Total Other Income Expense Net | 4.3M | 3.1M | (4.9M) | 28.0M | 28.5M | 29.9M | |
Net Income Applicable To Common Shares | 178.6M | 323.9M | 429.6M | 326.6M | 375.6M | 394.3M | |
Net Income | 178.6M | 323.9M | 429.6M | 326.6M | 199.2M | 162.3M | |
Income Tax Expense | 53.2M | 44.0M | 113.1M | 91.5M | 62.5M | 46.4M | |
Net Income From Continuing Ops | 178.6M | 323.9M | 429.6M | 326.6M | 199.2M | 190.4M | |
Non Operating Income Net Other | 4.3M | 3.1M | (4.9M) | 28.0M | 32.2M | 33.8M | |
Tax Provision | 53.2M | 44.0M | 113.1M | 91.5M | 62.5M | 65.1M | |
Reconciled Depreciation | 643K | 710K | 1.2M | 1.6M | 2.4M | 1.3M |
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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 closely tied 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Household Durables space 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 0.039 | Earnings Share 8.36 | Revenue Per Share 95.936 | Quarterly Revenue Growth 0.056 | Return On Assets 0.0402 |
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.