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LGI Homes
NASDAQ LGIH
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LGI Homes Pre-Tax Margin for the year ending December 31, 2023: 9.89%
LGI Homes Pre-Tax Margin is 9.89% for the year ending December 31, 2023, a -41.58% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.
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LGI Homes Pre-Tax Margin for the year ending December 31, 2022 was 16.93%, a -5.73% change year over year.
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LGI Homes Pre-Tax Margin for the year ending December 31, 2021 was 17.96%, a 16.58% change year over year.
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LGI Homes Pre-Tax Margin for the year ending December 31, 2020 was 15.40%, a 24.42% change year over year.
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LGI Homes Pre-Tax Margin for the year ending December 31, 2019 was 12.38%, a -8.26% change year over year.
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NASDAQ: LGIH
| CEO | Mr. Eric Thomas Lipar |
| IPO Date | Nov. 7, 2013 |
| Location | United States |
| Headquarters | 1450 Lake Robbins Drive, The Woodlands, TX, United States, 77380 |
| Employees | 1,000 |
| Sector | Consumer Cyclical |
| Industry | Residential construction |
Description
LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to large institutions looking to acquire single-family rental properties. It serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
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StockViz Staff
September 20, 2024
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