LGI Historical Income Statement

LGIH Stock  USD 91.20  0.93  1.03%   
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.
 
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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 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.

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

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.

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.

Cost Of Revenue

Cost of Revenue is found on LGI Homes income statement and represents the costs associated with goods and services LGI Homes provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 Profit818.0M646.6M542.2M365.1M
Total Revenue3.1B2.3B2.4B1.4B

LGI Homes income statement Correlations

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0.780.850.430.450.310.250.350.120.110.120.330.440.150.730.140.2-0.140.150.770.220.84
Click cells to compare fundamentals

LGI Homes Account Relationship Matchups

LGI Homes income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization169K710K1.2M1.6M2.4M2.5M
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
Ebit227.5M364.7M547.7M390.1M230.8M202.5M
Ebitda227.7M365.4M548.9M391.7M233.3M203.5M
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

Currently Active Assets on Macroaxis

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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple 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.