LGI Homes vs Champion Homes
Champion Homes reported revenue of $2.7 billion in fiscal 2026, 1.6 times LGI Homes' $1.7 billion in fiscal 2025. LGI Homes' revenue fell 22.6% in its latest year, and Champion Homes' grew 7.3%. LGI Homes had an operating margin of 4.7%, against 9.4% at Champion Homes. Free cash flow was −$141 million at LGI Homes and $270 million at Champion Homes. Their fiscal years end in different months (December 31 and March 28), so the periods don't line up exactly.
Side by side
| LGI Homes | Champion Homes | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Mar 28, 2026 |
| Revenue | $1.7B | $2.7B |
| Revenue growth | −22.6% | 7.3% |
| Revenue growth a year, last 5 years | −6.4% | 13.4% |
| Gross margin | 20.7% | 26.4% |
| Operating margin | 4.7% | 9.4% |
| Net margin | 4.2% | 7.8% |
| Free cash flow | −$141M | $270M |
| Free cash flow margin | −8.3% | 10.1% |
| Return on capital | 1.6% | 20.8% |
| Net debt to EBITDA | 19.0x | −2.0x |
| Dividends and buybacks | $24M | $200M |
| Change in diluted share count | −1.5% | −2.7% |
| Last close | $42.14 | $79.25 |
| P/E at the last close | 14.8× | 23.1× |
| Insider trades, last 12 months | sold $2.6 million | sold $2.8 million |
| Piotroski F-score | — | 6 of 9 |
Amounts in each company's own currency, US$ 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
LGI HomesChampion Homes
Operating margin
Percent of revenue
LGI HomesChampion Homes
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
LGI HomesChampion 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 LGI Homes and Champion Homes pages.