Legacy Housing (LEGH) Financials

$22.29 +0.10 (+0.45%)

Closing price 04:00 PM Eastern

Extended Trading

$22.29 0.00 (0.00%)

As of 04:05 PM Eastern

Annual Income Statements for Legacy Housing

This table shows Legacy Housing's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	62	54	68
Consolidated Net Income / (Loss)	62	54	68
Net Income / (Loss) Continuing Operations	62	54	68
Total Pre-Tax Income	76	69	82
Total Operating Income	64	65	78
Total Gross Profit	94	89	107
Total Revenue	184	189	257
Operating Revenue	184	189	257
Total Cost of Revenue	90	100	150
Operating Cost of Revenue	90	100	150
Total Operating Expenses	31	25	29
Selling, General & Admin Expense	23	24	28
Other Operating Expenses / (Income)	7.29	0.59	1.32
Total Other Income / (Expense), net	12	4.15	4.13
Interest Expense	0.69	0.93	0.38
Interest & Investment Income	2.64	3.02	2.94
Other Income / (Expense), net	10	2.06	1.56
Income Tax Expense	14	14	14
Basic Earnings per Share	$2.55	$2.23	$2.78
Weighted Average Basic Shares Outstanding	24.22M	24.39M	24.36M
Diluted Earnings per Share	$2.48	$2.17	$2.74
Weighted Average Diluted Shares Outstanding	24.85M	25.07M	24.74M
Weighted Average Basic & Diluted Shares Outstanding	24.13M	24.40M	24.38M

This table shows Legacy Housing's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	15	16	16	15	7.08	16	15	16	20	15
Consolidated Net Income / (Loss)	15	16	16	15	7.08	16	15	16	20	15
Net Income / (Loss) Continuing Operations	15	16	16	15	7.08	16	15	16	20	15
Total Pre-Tax Income	18	19	20	19	11	19	18	20	24	18
Total Operating Income	16	15	16	17	9.72	19	18	18	22	17
Total Gross Profit	29	21	21	23	18	25	23	24	30	24
Total Revenue	54	44	42	43	34	50	53	53	76	57
Operating Revenue	54	44	42	43	34	50	53	53	76	57
Total Cost of Revenue	25	23	22	20	16	25	30	29	45	34
Operating Cost of Revenue	25	23	22	20	16	25	30	29	45	34
Total Operating Expenses	14	5.59	4.91	6.03	7.79	6.10	5.43	5.54	7.66	6.95
Selling, General & Admin Expense	5.69	6.07	5.57	5.89	7.23	6.11	5.53	5.41	7.28	6.73
Other Operating Expenses / (Income)	8.29	-0.48	-0.67	0.14	0.56	-0.01	-0.10	0.13	0.38	0.23
Total Other Income / (Expense), net	2.90	4.00	3.77	1.76	1.75	0.45	0.59	1.36	1.42	0.71
Interest Expense	0.00	0.18	0.24	0.28	0.34	0.30	0.20	0.09	0.05	0.09
Interest & Investment Income	0.36	-0.02	0.99	1.30	0.90	0.79	0.63	0.70	0.70	0.61
Other Income / (Expense), net	2.54	4.19	3.02	0.74	1.19	-0.04	0.16	0.75	0.77	0.19
Income Tax Expense	3.89	3.52	3.61	3.37	4.39	3.38	3.07	3.44	4.17	2.84
Basic Earnings per Share	$0.61	$0.65	$0.67	$0.62	$0.28	$0.66	$0.62	$0.67	$0.81	$0.60
Weighted Average Basic Shares Outstanding	24.22M	24.15M	24.17M	24.39M	24.39M	24.39M	24.38M	24.37M	24.36M	24.41M
Diluted Earnings per Share	$0.59	$0.64	$0.65	$0.60	$0.28	$0.64	$0.60	$0.65	$0.82	$0.58
Weighted Average Diluted Shares Outstanding	24.85M	24.81M	24.78M	25.13M	25.07M	25.13M	25.10M	25.18M	24.74M	25.38M
Weighted Average Basic & Diluted Shares Outstanding	24.13M	24.16M	24.32M	24.32M	24.40M	24.39M	24.39M	24.38M	24.38M	24.41M

This table details how cash moves in and out of Legacy Housing's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	0.40	-2.07	1.78
Net Cash From Operating Activities	36	-14	-1.69
Net Cash From Continuing Operating Activities	36	-13	-1.69
Net Income / (Loss) Continuing Operations	62	54	68
Consolidated Net Income / (Loss)	62	54	68
Depreciation Expense	1.91	1.73	1.94
Amortization Expense	-1.96	-1.22	-1.33
Non-Cash Adjustments To Reconcile Net Income	-25	-63	-73
Changes in Operating Assets and Liabilities, net	-0.29	-5.01	2.89
Net Cash From Investing Activities	-6.71	-9.77	9.08
Net Cash From Continuing Investing Activities	-6.71	-9.77	9.08
Purchase of Property, Plant & Equipment	-9.21	-7.71	-3.80
Purchase of Investments	-0.22	0.00	-8.39
Sale of Property, Plant & Equipment	8.02	2.75	23
Sale and/or Maturity of Investments	0.00	8.50	0.00
Other Investing Activities, net	-5.31	-13	-2.23
Net Cash From Financing Activities	-29	21	-5.61
Net Cash From Continuing Financing Activities	-29	21	-5.61
Repayment of Debt	-70	-90	-106
Repurchase of Common Equity	-5.40	0.00	-
Issuance of Debt	46	111	101
Other Financing Activities, net	0.20	0.10	0.00
Cash Interest Paid	1.00	0.48	0.25
Cash Income Taxes Paid	15	19	-

This table details how cash moves in and out of Legacy Housing's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	0.58	0.51	-0.56	-0.13	0.20	-0.99	-1.70	0.42	-8.45	-3.00
Net Cash From Operating Activities	7.89	14	3.46	11	-8.25	2.18	-4.77	-2.69	-2.48	4.75
Net Cash From Continuing Operating Activities	7.89	14	3.46	11	-8.18	2.18	-4.77	-2.69	-2.48	4.75
Net Income / (Loss) Continuing Operations	15	16	16	15	7.08	16	15	16	20	15
Consolidated Net Income / (Loss)	15	16	16	15	7.08	16	15	16	20	15
Depreciation Expense	0.50	0.50	0.48	0.42	0.45	0.43	0.42	0.43	0.55	0.51
Amortization Expense	-0.32	-0.56	-0.35	-0.73	-0.26	-0.38	-0.28	-0.29	-2.81	2.21
Non-Cash Adjustments To Reconcile Net Income	-9.38	-5.33	-8.22	-2.38	-10	-19	-15	-19	-37	-13
Changes in Operating Assets and Liabilities, net	2.58	3.42	-4.64	-1.65	-5.40	5.21	-4.97	0.15	18	0.54
Net Cash From Investing Activities	-5.20	-3.65	-0.58	2.72	-2.21	-11	6.12	-2.19	-8.51	7.52
Net Cash From Continuing Investing Activities	-5.20	-3.65	-0.58	2.72	-2.21	-11	6.12	-2.19	-8.51	7.52
Purchase of Property, Plant & Equipment	-1.89	-4.72	-1.74	-0.87	-3.14	-3.04	-0.78	-0.76	-0.53	-1.76
Sale of Property, Plant & Equipment	0.67	0.98	2.24	4.13	1.72	0.08	0.48	0.47	-0.05	9.81
Other Investing Activities, net	-3.77	0.09	-1.09	-0.54	-0.79	-8.54	-2.08	-1.89	0.45	-0.53
Net Cash From Financing Activities	-2.11	-9.67	-3.44	-14	11	8.33	-3.05	5.29	2.55	-15
Net Cash From Continuing Financing Activities	-2.11	-9.67	-3.44	-14	11	8.33	-3.05	5.29	2.55	-15
Repayment of Debt	-3.13	-25	-17	-25	-16	-34	-25	-15	11	-58
Issuance of Debt	1.02	15	18	13	26	42	22	20	-8.01	43
Cash Interest Paid	0.10	0.23	0.27	0.41	0.21	0.06	0.15	0.06	0.04	0.00
Cash Income Taxes Paid	2.81	3.01	9.18	0.00	8.35	0.12	6.57	3.83	-	2.07

This table presents Legacy Housing's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	534	507	437
Total Current Assets	124	116	107
Cash & Equivalents	1.15	0.75	2.82
Note & Lease Receivable	45	32	25
Accounts Receivable	3.99	4.66	4.87
Inventories, net	38	41	32
Prepaid Expenses	4.50	4.92	4.06
Other Current Assets	33	33	29
Plant, Property, & Equipment, net	48	38	30
Total Noncurrent Assets	362	353	300
Noncurrent Note & Lease Receivables	351	341	279
Other Noncurrent Operating Assets	11	12	21
Total Liabilities & Shareholders' Equity	534	507	437
Total Liabilities	40	70	55
Total Current Liabilities	33	37	41
Accounts Payable	5.09	4.09	4.55
Accrued Expenses	14	19	17
Customer Deposits	1.88	4.15	9.72
Other Current Liabilities	12	11	10
Total Noncurrent Liabilities	7.50	33	13
Long-Term Debt	0.00	24	2.55
Noncurrent Deferred & Payable Income Tax Liabilities	2.21	2.34	3.07
Other Noncurrent Operating Liabilities	5.29	6.66	7.64
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	494	437	382
Total Preferred & Common Equity	494	437	382
Preferred Stock	0.00	0.00	0.00
Total Common Equity	494	437	382
Common Stock	182	181	181
Retained Earnings	321	260	206
Treasury Stock	-9.88	-4.48	-4.48

This table presents Legacy Housing's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	521	515	510	496	466	455	418
Total Current Assets	112	139	146	95	93	108	103
Cash & Equivalents	0.57	0.06	0.62	0.55	1.53	3.23	11
Note & Lease Receivable	42	66	68	29	24	25	25
Accounts Receivable	4.99	4.29	4.31	4.01	5.51	3.99	5.47
Inventories, net	29	31	34	35	34	33	49
Prepaid Expenses	3.85	5.43	5.31	5.00	4.24	3.73	4.21
Other Current Assets	32	33	34	21	24	30	8.60
Plant, Property, & Equipment, net	49	40	41	34	31	31	30
Total Noncurrent Assets	360	335	323	367	342	317	285
Noncurrent Note & Lease Receivables	334	310	304	337	315	295	263
Other Noncurrent Operating Assets	26	25	19	30	27	21	22
Total Liabilities & Shareholders' Equity	521	515	510	496	466	455	418
Total Liabilities	42	52	60	66	53	57	56
Total Current Liabilities	32	32	39	44	43	47	45
Accounts Payable	3.45	4.19	3.60	5.95	3.97	3.88	4.10
Accrued Expenses	13	13	20	21	16	18	18
Customer Deposits	2.49	2.23	4.11	5.88	8.27	7.35	12
Other Current Liabilities	13	12	11	12	11	9.92	11
Total Noncurrent Liabilities	9.76	20	21	22	9.50	10	11
Long-Term Debt	2.11	12	12	13	0.00	0.00	0.00
Capital Lease Obligations	1.04	-	1.27	-	-	1.96	2.36
Noncurrent Deferred & Payable Income Tax Liabilities	2.34	2.34	2.34	2.86	2.86	2.86	3.00
Other Noncurrent Operating Liabilities	4.28	5.77	5.30	6.34	6.64	5.60	5.26
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	479	463	450	429	413	398	362
Total Preferred & Common Equity	479	463	450	429	413	398	362
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	479	463	450	429	413	398	362
Common Stock	182	182	182	181	181	181	180
Retained Earnings	307	291	275	253	237	222	186
Treasury Stock	-9.88	-9.85	-6.35	-4.48	-4.48	-4.48	-4.48

This table displays calculated financial ratios and metrics derived from Legacy Housing's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	-2.62%	-26.41%	30.13%
EBITDA Growth	10.24%	-16.24%	29.70%
EBIT Growth	11.17%	-16.25%	33.93%
NOPAT Growth	0.77%	-20.50%	32.81%
Net Income Growth	13.19%	-19.64%	35.90%
EPS Growth	14.29%	-20.80%	33.66%
Operating Cash Flow Growth	365.91%	-700.47%	-102.80%
Free Cash Flow Firm Growth	152.54%	-581.03%	-72.71%
Invested Capital Growth	7.21%	23.10%	18.04%
Revenue Q/Q Growth	12.51%	-18.11%	9.85%
EBITDA Q/Q Growth	10.79%	-12.79%	3.98%
EBIT Q/Q Growth	10.66%	-15.58%	9.82%
NOPAT Q/Q Growth	13.68%	-19.93%	9.76%
Net Income Q/Q Growth	13.71%	-18.80%	9.99%
EPS Q/Q Growth	14.29%	-19.93%	10.93%
Operating Cash Flow Q/Q Growth	81.34%	-74.32%	-115.91%
Free Cash Flow Firm Q/Q Growth	237.82%	-41.88%	-13.16%
Invested Capital Q/Q Growth	2.27%	4.01%	5.69%
Profitability Metrics	-	-	-
Gross Margin	51.10%	47.29%	41.59%
EBITDA Margin	40.19%	35.51%	31.20%
Operating Margin	34.53%	34.15%	30.36%
EBIT Margin	40.23%	35.24%	30.96%
Profit (Net Income) Margin	33.47%	28.79%	26.37%
Tax Burden Percent	81.07%	79.23%	82.50%
Interest Burden Percent	102.63%	103.13%	103.23%
Effective Tax Rate	18.93%	20.77%	17.50%
Return on Invested Capital (ROIC)	10.83%	12.29%	18.66%
ROIC Less NNEP Spread (ROIC-NNEP)	103.33%	58.43%	-374.34%
Return on Net Nonoperating Assets (RNNOA)	2.42%	1.02%	0.94%
Return on Equity (ROE)	13.25%	13.30%	19.60%
Cash Return on Invested Capital (CROIC)	3.87%	-8.42%	2.11%
Operating Return on Assets (OROA)	14.24%	14.13%	19.81%
Return on Assets (ROA)	11.84%	11.54%	16.87%
Return on Common Equity (ROCE)	13.25%	13.30%	19.60%
Return on Equity Simple (ROE_SIMPLE)	12.48%	12.47%	17.74%
Net Operating Profit after Tax (NOPAT)	52	51	64
NOPAT Margin	28.00%	27.05%	25.04%
Net Nonoperating Expense Percent (NNEP)	-92.50%	-46.15%	393.00%
Return On Investment Capital (ROIC_SIMPLE)	10.44%	11.11%	-
Cost of Revenue to Revenue	48.90%	52.71%	58.41%
SG&A Expenses to Revenue	12.61%	12.84%	10.73%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.56%	13.15%	11.24%
Earnings before Interest and Taxes (EBIT)	74	67	80
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	74	67	80
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.21	1.41	1.21
Price to Tangible Book Value (P/TBV)	1.21	1.41	1.21
Price to Revenue (P/Rev)	3.24	3.25	1.80
Price to Earnings (P/E)	9.67	11.30	6.83
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	10.34%	8.85%	14.65%
Enterprise Value to Invested Capital (EV/IC)	1.21	1.39	1.22
Enterprise Value to Revenue (EV/Rev)	3.23	3.37	1.77
Enterprise Value to EBITDA (EV/EBITDA)	8.04	9.50	5.66
Enterprise Value to EBIT (EV/EBIT)	8.03	9.57	5.71
Enterprise Value to NOPAT (EV/NOPAT)	11.54	12.47	7.05
Enterprise Value to Operating Cash Flow (EV/OCF)	16.53	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	32.29	0.00	62.27
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.05	0.01
Long-Term Debt to Equity	0.00	0.05	0.01
Financial Leverage	0.02	0.02	0.00
Leverage Ratio	1.12	1.15	1.16
Compound Leverage Factor	1.15	1.19	1.20
Debt to Total Capital	0.00%	5.14%	0.66%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	5.14%	0.66%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	94.86%	99.34%
Debt to EBITDA	0.00	0.35	0.03
Net Debt to EBITDA	0.00	0.34	-0.11
Long-Term Debt to EBITDA	0.00	0.35	0.03
Debt to NOPAT	0.00	0.46	0.04
Net Debt to NOPAT	0.00	0.45	-0.13
Long-Term Debt to NOPAT	0.00	0.46	0.04
Altman Z-Score	10.74	6.98	7.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	3.80	3.10	2.58
Quick Ratio	1.52	1.00	1.00
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	18	-35	7.29
Operating Cash Flow to CapEx	3,024.62%	-272.46%	0.00%
Free Cash Flow to Firm to Interest Expense	26.74	-37.72	19.44
Operating Cash Flow to Interest Expense	52.24	-14.55	-4.51
Operating Cash Flow Less CapEx to Interest Expense	50.51	-19.90	48.01
Efficiency Ratios	-	-	-
Asset Turnover	0.35	0.40	0.64
Accounts Receivable Turnover	42.63	39.70	51.45
Inventory Turnover	2.29	2.73	4.05
Fixed Asset Turnover	4.31	5.56	8.92
Accounts Payable Turnover	19.62	23.08	34.49
Days Sales Outstanding (DSO)	8.56	9.19	7.09
Days Inventory Outstanding (DIO)	159.07	133.72	90.06
Days Payable Outstanding (DPO)	18.60	15.81	10.58
Cash Conversion Cycle (CCC)	149.03	127.10	86.57
Capital & Investment Metrics	-	-	-
Invested Capital	493	460	373
Invested Capital Turnover	0.39	0.45	0.75
Increase / (Decrease) in Invested Capital	33	86	57
Enterprise Value (EV)	595	638	454
Market Capitalization	596	615	463
Book Value per Share	$20.45	$17.91	$15.66
Tangible Book Value per Share	$20.45	$17.91	$15.66
Total Capital	494	460	385
Total Debt	0.00	24	2.55
Total Long-Term Debt	0.00	24	2.55
Net Debt	-1.15	23	-8.69
Capital Expenditures (CapEx)	1.19	4.97	-20
Debt-free, Cash-free Net Working Capital (DFCFNWC)	90	78	54
Debt-free Net Working Capital (DFNWC)	92	78	66
Net Working Capital (NWC)	92	78	66
Net Nonoperating Expense (NNE)	-10	-3.29	-3.41
Net Nonoperating Obligations (NNO)	-1.15	23	-8.69
Total Depreciation and Amortization (D&A)	-0.06	0.51	0.60
Debt-free, Cash-free Net Working Capital to Revenue	49.09%	41.02%	21.16%
Debt-free Net Working Capital to Revenue	49.71%	41.42%	25.53%
Net Working Capital to Revenue	49.71%	41.42%	25.53%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$2.55	$2.23	$2.78
Adjusted Weighted Average Basic Shares Outstanding	24.22M	24.39M	24.36M
Adjusted Diluted Earnings per Share	$2.48	$2.17	$2.74
Adjusted Weighted Average Diluted Shares Outstanding	24.85M	25.07M	24.74M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	24.13M	24.40M	24.38M
Normalized Net Operating Profit after Tax (NOPAT)	52	51	64
Normalized NOPAT Margin	28.00%	27.05%	25.04%
Pre Tax Income Margin	41.28%	36.34%	31.96%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	107.54	71.66	212.22
NOPAT to Interest Expense	74.84	55.02	171.64
EBIT Less CapEx to Interest Expense	105.81	66.32	264.74
NOPAT Less CapEx to Interest Expense	73.12	49.68	224.16
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	8.76%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Legacy Housing's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	60.73%	-11.36%	-19.27%	-18.19%	-55.38%	-12.89%	-18.03%	-11.80%	43.88%	1.51%
EBITDA Growth	64.31%	2.28%	7.73%	-10.73%	-47.03%	-3.73%	-13.65%	1.97%	17.15%	31.41%
EBIT Growth	65.47%	2.85%	7.85%	-8.48%	-53.01%	11.32%	-13.76%	1.35%	44.23%	10.39%
NOPAT Growth	103.84%	-20.25%	-9.78%	-9.62%	-67.60%	11.12%	-13.28%	1.31%	44.73%	11.57%
Net Income Growth	105.06%	-1.77%	7.78%	-6.98%	-64.05%	9.18%	-12.98%	1.14%	45.51%	13.41%
EPS Growth	110.71%	0.00%	8.33%	-7.69%	-65.85%	10.34%	-13.04%	0.00%	49.09%	7.41%
Operating Cash Flow Growth	195.65%	534.63%	172.47%	501.56%	-232.61%	-54.07%	-64.64%	-154.59%	-125.22%	-91.41%
Free Cash Flow Firm Growth	73.94%	62.46%	19.21%	-15.29%	-108.11%	-101.96%	-5,934.84%	-436.54%	-330.59%	-8,308.59%
Invested Capital Growth	7.21%	9.03%	14.09%	16.88%	23.10%	25.09%	20.54%	18.29%	18.04%	16.58%
Revenue Q/Q Growth	22.41%	4.17%	-1.73%	28.26%	-32.49%	-5.13%	-0.42%	-30.04%	31.79%	-10.72%
EBITDA Q/Q Growth	-6.34%	1.50%	11.58%	55.11%	-41.69%	6.91%	-7.54%	-8.08%	5.96%	-4.11%
EBIT Q/Q Growth	-7.55%	2.48%	8.91%	60.37%	-42.54%	7.46%	-7.58%	-17.65%	36.10%	-16.75%
NOPAT Q/Q Growth	-2.44%	-4.41%	-4.30%	128.40%	-61.83%	8.14%	-4.13%	-18.13%	30.92%	-15.61%
Net Income Q/Q Growth	-8.18%	-2.38%	6.93%	113.96%	-56.02%	7.11%	-7.72%	-17.32%	33.59%	-14.63%
EPS Q/Q Growth	-7.81%	-1.54%	8.33%	114.29%	-56.25%	6.67%	-7.69%	-20.73%	41.38%	-15.94%
Operating Cash Flow Q/Q Growth	-42.95%	299.97%	-67.99%	230.95%	-478.53%	145.67%	-77.37%	-8.46%	-152.28%	263.71%
Free Cash Flow Firm Q/Q Growth	23.60%	39.93%	14.23%	33.80%	-10.06%	-29.27%	-22.40%	-19.50%	-6.81%	-3,834.80%
Invested Capital Q/Q Growth	2.27%	1.44%	2.64%	0.68%	4.01%	6.15%	5.14%	6.04%	5.69%	2.29%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	54.43%	47.25%	49.27%	52.67%	51.94%	50.30%	43.56%	45.21%	39.82%	41.54%
EBITDA Margin	33.63%	43.96%	45.11%	39.73%	32.90%	38.10%	33.81%	36.41%	27.72%	34.47%
Operating Margin	28.62%	34.62%	37.72%	38.73%	28.83%	38.08%	33.25%	34.72%	29.69%	29.41%
EBIT Margin	33.30%	44.09%	44.82%	40.44%	32.34%	38.00%	33.55%	36.15%	30.71%	29.74%
Profit (Net Income) Margin	26.78%	35.70%	38.10%	35.01%	20.99%	32.22%	28.54%	30.79%	26.06%	25.70%
Tax Burden Percent	78.84%	81.77%	81.78%	81.78%	61.71%	82.64%	83.03%	82.57%	82.54%	83.86%
Interest Burden Percent	102.00%	99.02%	103.94%	105.87%	105.16%	102.59%	102.44%	103.16%	102.79%	103.07%
Effective Tax Rate	21.16%	18.23%	18.22%	18.22%	38.29%	17.36%	16.97%	17.43%	17.46%	16.14%
Return on Invested Capital (ROIC)	8.73%	10.03%	11.72%	13.24%	8.08%	18.28%	17.28%	19.61%	18.26%	17.59%
ROIC Less NNEP Spread (ROIC-NNEP)	29.70%	53.53%	52.91%	40.55%	23.22%	39.39%	82.55%	86.17%	-117.02%	-62.54%
Return on Net Nonoperating Assets (RNNOA)	0.70%	0.89%	0.90%	0.50%	0.40%	0.18%	0.16%	0.40%	0.29%	0.14%
Return on Equity (ROE)	9.42%	10.92%	12.63%	13.75%	8.48%	18.46%	17.44%	20.01%	18.55%	17.73%
Cash Return on Invested Capital (CROIC)	3.87%	1.18%	-2.30%	-3.98%	-8.42%	-6.22%	-2.26%	0.91%	2.11%	2.56%
Operating Return on Assets (OROA)	11.78%	14.19%	15.48%	15.05%	12.97%	19.21%	18.20%	21.37%	19.65%	18.14%
Return on Assets (ROA)	9.48%	11.49%	13.16%	13.03%	8.41%	16.29%	15.48%	18.20%	16.67%	15.68%
Return on Common Equity (ROCE)	9.42%	10.92%	12.63%	13.75%	8.48%	18.46%	17.44%	20.01%	18.55%	17.73%
Return on Equity Simple (ROE_SIMPLE)	0.00%	11.31%	11.76%	11.84%	0.00%	15.62%	15.90%	17.08%	0.00%	17.01%
Net Operating Profit after Tax (NOPAT)	12	13	13	14	6.00	16	15	15	19	14
NOPAT Margin	22.56%	28.31%	30.85%	31.68%	17.79%	31.47%	27.60%	28.67%	24.50%	24.67%
Net Nonoperating Expense Percent (NNEP)	-20.98%	-43.50%	-41.19%	-27.30%	-15.14%	-21.11%	-65.27%	-66.56%	135.28%	80.13%
Return On Investment Capital (ROIC_SIMPLE)	2.48%	-	-	-	1.30%	-	-	-	-	-
Cost of Revenue to Revenue	45.57%	52.75%	50.73%	47.33%	48.06%	49.70%	56.44%	54.79%	60.18%	58.46%
SG&A Expenses to Revenue	10.51%	13.70%	13.12%	13.62%	21.45%	12.23%	10.50%	10.24%	9.64%	11.73%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.81%	12.63%	11.55%	13.94%	23.11%	12.22%	10.31%	10.49%	10.13%	12.13%
Earnings before Interest and Taxes (EBIT)	18	20	19	17	11	19	18	19	23	17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	18	19	19	17	11	19	18	19	21	20
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.21	1.39	1.20	1.17	1.41	1.10	1.37	1.39	1.21	1.16
Price to Tangible Book Value (P/TBV)	1.21	1.39	1.20	1.17	1.41	1.10	1.37	1.39	1.21	1.16
Price to Revenue (P/Rev)	3.24	4.06	3.29	2.93	3.25	2.05	2.37	2.22	1.80	1.79
Price to Earnings (P/E)	9.67	12.27	10.24	9.85	11.30	7.06	8.60	8.17	6.83	6.79
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	10.34%	8.15%	9.77%	10.15%	8.85%	14.17%	11.62%	12.25%	14.65%	14.72%
Enterprise Value to Invested Capital (EV/IC)	1.21	1.39	1.20	1.16	1.39	1.10	1.37	1.40	1.22	1.16
Enterprise Value to Revenue (EV/Rev)	3.23	4.08	3.36	2.99	3.37	2.10	2.38	2.21	1.77	1.75
Enterprise Value to EBITDA (EV/EBITDA)	8.04	9.99	8.58	8.27	9.50	6.31	7.31	6.86	5.66	5.31
Enterprise Value to EBIT (EV/EBIT)	8.03	9.97	8.58	8.27	9.57	6.15	7.38	6.93	5.71	5.65
Enterprise Value to NOPAT (EV/NOPAT)	11.54	14.72	11.77	10.81	12.47	7.60	9.12	8.57	7.05	6.99
Enterprise Value to Operating Cash Flow (EV/OCF)	16.53	33.64	69.53	0.00	0.00	0.00	0.00	0.00	0.00	38.54
Enterprise Value to Free Cash Flow (EV/FCFF)	32.29	122.40	0.00	0.00	0.00	0.00	0.00	166.19	62.27	48.79
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.01	0.03	0.03	0.05	0.03	0.01	0.02	0.01	0.01
Long-Term Debt to Equity	0.00	0.01	0.03	0.03	0.05	0.03	0.00	0.00	0.01	0.01
Financial Leverage	0.02	0.02	0.02	0.01	0.02	0.00	0.00	0.00	0.00	0.00
Leverage Ratio	1.12	1.12	1.12	1.14	1.15	1.15	1.16	1.16	1.16	1.17
Compound Leverage Factor	1.14	1.11	1.16	1.20	1.21	1.18	1.18	1.20	1.19	1.20
Debt to Total Capital	0.00%	0.65%	2.50%	2.82%	5.14%	2.94%	1.12%	2.40%	0.66%	0.65%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.12%	1.92%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.65%	2.50%	2.82%	5.14%	2.94%	0.00%	0.48%	0.66%	0.65%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	99.35%	97.50%	97.18%	94.86%	97.06%	98.88%	97.60%	99.34%	99.35%
Debt to EBITDA	0.00	0.05	0.18	0.20	0.35	0.17	0.06	0.12	0.03	0.03
Net Debt to EBITDA	0.00	0.04	0.18	0.19	0.34	0.16	0.04	-0.02	-0.11	-0.12
Long-Term Debt to EBITDA	0.00	0.05	0.18	0.20	0.35	0.17	0.00	0.02	0.03	0.03
Debt to NOPAT	0.00	0.07	0.25	0.26	0.46	0.20	0.08	0.15	0.04	0.04
Net Debt to NOPAT	0.00	0.06	0.24	0.25	0.45	0.20	0.05	-0.03	-0.13	-0.15
Long-Term Debt to NOPAT	0.00	0.07	0.25	0.26	0.46	0.20	0.00	0.03	0.04	0.04
Altman Z-Score	10.39	10.92	7.97	6.76	6.62	5.72	7.93	7.36	6.68	5.97
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.80	3.47	4.39	3.76	3.10	2.16	2.15	2.31	2.58	2.28
Quick Ratio	1.52	1.47	2.20	1.87	1.00	0.77	0.72	0.88	1.00	0.92
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-21	-27	-46	-53	-80	-73	-56	-46	-39	-36
Operating Cash Flow to CapEx	649.63%	370.02%	0.00%	0.00%	-579.49%	73.82%	-1,601.68%	-918.43%	-427.02%	0.00%
Free Cash Flow to Firm to Interest Expense	-6,971.61	-156.43	-193.91	-192.49	-235.34	-240.65	-289.26	-506.39	-803.37	-410.28
Operating Cash Flow to Interest Expense	2,631.00	79.06	14.72	39.15	-24.20	7.19	-24.48	-29.57	-51.69	53.93
Operating Cash Flow Less CapEx to Interest Expense	2,226.00	57.69	16.87	50.96	-28.38	-2.55	-26.01	-32.79	-63.79	145.42
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.35	0.32	0.35	0.37	0.40	0.51	0.54	0.59	0.64	0.61
Accounts Receivable Turnover	42.63	36.39	34.57	43.27	39.70	48.71	42.56	45.81	51.45	34.16
Inventory Turnover	2.29	2.53	2.57	2.73	2.73	3.08	3.42	3.62	4.05	3.11
Fixed Asset Turnover	4.31	3.94	4.73	5.03	5.56	7.24	8.00	8.53	8.92	8.30
Accounts Payable Turnover	19.62	17.37	20.36	24.37	23.08	25.68	29.05	25.81	34.49	25.84
Days Sales Outstanding (DSO)	8.56	10.03	10.56	8.44	9.19	7.49	8.58	7.97	7.09	10.68
Days Inventory Outstanding (DIO)	159.07	144.47	142.25	133.63	133.72	118.68	106.74	100.84	90.06	117.55
Days Payable Outstanding (DPO)	18.60	21.02	17.93	14.98	15.81	14.21	12.57	14.14	10.58	14.13
Cash Conversion Cycle (CCC)	149.03	133.48	134.88	127.09	127.10	111.96	102.75	94.67	86.57	114.11
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	493	482	475	463	460	442	416	396	373	353
Invested Capital Turnover	0.39	0.35	0.38	0.42	0.45	0.58	0.63	0.68	0.75	0.71
Increase / (Decrease) in Invested Capital	33	40	59	67	86	89	71	61	57	50
Enterprise Value (EV)	595	668	570	538	638	486	568	553	454	410
Market Capitalization	596	665	558	525	615	473	565	555	463	419
Book Value per Share	$20.45	$19.71	$19.05	$18.46	$17.91	$17.61	$16.95	$16.32	$15.66	$14.84
Tangible Book Value per Share	$20.45	$19.71	$19.05	$18.46	$17.91	$17.61	$16.95	$16.32	$15.66	$14.84
Total Capital	494	482	475	463	460	442	418	408	385	365
Total Debt	0.00	3.15	12	13	24	13	4.69	9.80	2.55	2.36
Total Long-Term Debt	0.00	3.15	12	13	24	13	0.00	1.96	2.55	2.36
Net Debt	-1.15	2.58	12	12	23	12	3.15	-1.89	-8.69	-8.91
Capital Expenditures (CapEx)	1.22	3.74	-0.51	-3.26	1.42	2.95	0.30	0.29	0.58	-8.05
Debt-free, Cash-free Net Working Capital (DFCFNWC)	90	80	108	107	78	51	53	57	54	47
Debt-free Net Working Capital (DFNWC)	92	80	108	107	78	51	54	69	66	58
Net Working Capital (NWC)	92	80	108	107	78	51	50	61	66	58
Net Nonoperating Expense (NNE)	-2.28	-3.27	-3.08	-1.44	-1.08	-0.38	-0.49	-1.12	-1.17	-0.59
Net Nonoperating Obligations (NNO)	-1.15	2.58	12	12	23	12	3.15	-1.89	-8.69	-8.91
Total Depreciation and Amortization (D&A)	0.18	-0.06	0.13	-0.31	0.19	0.05	0.14	0.14	-2.26	2.71
Debt-free, Cash-free Net Working Capital to Revenue	49.09%	48.59%	63.51%	59.47%	41.02%	21.91%	22.13%	22.91%	21.16%	19.89%
Debt-free Net Working Capital to Revenue	49.71%	48.93%	63.54%	59.81%	41.42%	22.15%	22.77%	27.59%	25.53%	24.71%
Net Working Capital to Revenue	49.71%	48.93%	63.54%	59.81%	41.42%	22.15%	20.81%	24.45%	25.53%	24.71%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.61	$0.65	$0.67	$0.62	$0.28	$0.66	$0.62	$0.67	$0.81	$0.60
Adjusted Weighted Average Basic Shares Outstanding	24.22M	24.15M	24.17M	24.39M	24.39M	24.39M	24.38M	24.37M	24.36M	24.41M
Adjusted Diluted Earnings per Share	$0.59	$0.64	$0.65	$0.60	$0.28	$0.64	$0.60	$0.65	$0.82	$0.58
Adjusted Weighted Average Diluted Shares Outstanding	24.85M	24.81M	24.78M	25.13M	25.07M	25.13M	25.10M	25.18M	24.74M	25.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	24.13M	24.16M	24.32M	24.32M	24.40M	24.39M	24.39M	24.38M	24.38M	24.41M
Normalized Net Operating Profit after Tax (NOPAT)	12	13	13	14	6.00	16	15	15	19	14
Normalized NOPAT Margin	22.56%	28.31%	30.85%	31.68%	17.79%	31.47%	27.60%	28.67%	24.50%	24.67%
Pre Tax Income Margin	33.96%	43.66%	46.58%	42.81%	34.01%	38.99%	34.37%	37.29%	31.57%	30.65%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6,014.33	111.53	81.04	63.36	31.98	62.63	90.56	209.97	483.40	193.73
NOPAT to Interest Expense	4,075.06	71.61	55.78	49.63	17.59	51.86	74.51	166.54	385.67	160.69
EBIT Less CapEx to Interest Expense	5,609.33	90.16	83.20	75.16	27.80	52.88	89.03	206.75	471.29	285.22
NOPAT Less CapEx to Interest Expense	3,670.06	50.24	57.94	61.44	13.41	42.11	72.99	163.32	373.57	252.18
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	8.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Legacy Housing's Financials

When does Legacy Housing's fiscal year end?

According to the most recent income statement we have on file, Legacy Housing's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Legacy Housing's net income changed over the last 2 years?

Legacy Housing's net income appears to be on a downward trend, with a most recent value of $61.64 million in 2024, falling from $67.77 million in 2022. The previous period was $54.46 million in 2023. View Legacy Housing's forecast to see where analysts expect Legacy Housing to go next.

What is Legacy Housing's operating income?

Legacy Housing's total operating income in 2024 was $63.61 million, based on the following breakdown:

Total Gross Profit: $94.12 million
Total Operating Expenses: $30.51 million

How has Legacy Housing revenue changed over the last 2 years?

Over the last 2 years, Legacy Housing's total revenue changed from $257.02 million in 2022 to $184.19 million in 2024, a change of -28.3%.

How much debt does Legacy Housing have?

Legacy Housing's total liabilities were at $40.24 million at the end of 2024, a 42.5% decrease from 2023, and a 26.5% decrease since 2022.

How much cash does Legacy Housing have?

In the past 2 years, Legacy Housing's cash and equivalents has ranged from $748 thousand in 2023 to $2.82 million in 2022, and is currently $1.15 million as of their latest financial filing in 2024.

How has Legacy Housing's book value per share changed over the last 2 years?

Over the last 2 years, Legacy Housing's book value per share changed from 15.66 in 2022 to 20.45 in 2024, a change of 30.6%.

Related Companies

This page (NASDAQ:LEGH) was last updated on 5/30/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Legacy Housing (LEGH) Financials

Frequently Asked Questions About Legacy Housing's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Legacy Housing (LEGH) Financials

Annual Income Statements for Legacy Housing

Quarterly Income Statements for Legacy Housing

Annual Cash Flow Statements for Legacy Housing

Quarterly Cash Flow Statements for Legacy Housing

Annual Balance Sheets for Legacy Housing

Quarterly Balance Sheets for Legacy Housing

Annual Metrics And Ratios for Legacy Housing

Quarterly Metrics And Ratios for Legacy Housing

Frequently Asked Questions About Legacy Housing's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools