Legacy Housing vs LGI Homes
LGI Homes reported revenue of $1.7 billion in fiscal 2025, 10.4 times Legacy Housing's $165 million in fiscal 2025. Legacy Housing's revenue fell 10.7% in its latest year, and LGI Homes' fell 22.6%. Legacy Housing had an operating margin of 29.4%, against 4.7% at LGI Homes. Free cash flow was $28 million at Legacy Housing and −$141 million at LGI Homes.
Side by side
| Legacy Housing | LGI Homes | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $165M | $1.7B |
| Revenue growth | −10.7% | −22.6% |
| Revenue growth a year, last 5 years | −1.4% | −6.4% |
| Gross margin | 48.5% | 20.7% |
| Operating margin | 29.4% | 4.7% |
| Net margin | 25.4% | 4.2% |
| Free cash flow | $28M | −$141M |
| Free cash flow margin | 17.1% | −8.3% |
| Return on capital | — | 1.6% |
| Net debt to EBITDA | — | 19.0x |
| Dividends and buybacks | $8M | $24M |
| Change in diluted share count | −3.5% | −1.5% |
| Last close | $29.17 | $45.57 |
| P/E at the last close | 10.9× | 14.9× |
| Insider trades, last 12 months | — | sold $2.6 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Legacy HousingLGI Homes
Operating margin
Percent of revenue
Legacy HousingLGI Homes
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Legacy HousingLGI Homes
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Legacy Housing and LGI Homes pages.