LGI Homes
LGI Homes, Inc. engages in the design, construction, and sale of new homes in the United States. It markets and sells attached and detached entry-level homes and active adult offerings under the LGI Homes brand; and luxury homes under the Terrata Homes brand. The company also engages in the wholesale business, which includes building and selling homes to large institutions interested in acquiring… Read more
LGI Homes (LGIH) - Net Assets
Latest net assets as of December 2025: $2.10 Billion USD
Based on the latest financial reports, LGI Homes (LGIH) has net assets worth $2.10 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.93 Billion) and total liabilities ($1.83 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.10 Billion |
| % of Total Assets | 53.38% |
| Annual Growth Rate | 42.56% |
| 5-Year Change | 50.18% |
| 10-Year Change | 490.17% |
| Growth Volatility | 136.02 |
LGI Homes - Net Assets Trend (2011–2025)
This chart illustrates how LGI Homes's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LGI Homes (2011–2025)
The table below shows the annual net assets of LGI Homes from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.10 Billion | +2.90% |
| 2024-12-31 | $2.04 Billion | +9.76% |
| 2023-12-31 | $1.86 Billion | +13.01% |
| 2022-12-31 | $1.64 Billion | +17.66% |
| 2021-12-31 | $1.40 Billion | +22.55% |
| 2020-12-31 | $1.14 Billion | +34.76% |
| 2019-12-31 | $845.19 Million | +28.85% |
| 2018-12-31 | $655.94 Million | +33.91% |
| 2017-12-31 | $489.85 Million | +37.91% |
| 2016-12-31 | $355.20 Million | +43.58% |
| 2015-12-31 | $247.39 Million | +35.56% |
| 2014-12-31 | $182.50 Million | +11.03% |
| 2013-12-31 | $164.37 Million | +551.99% |
| 2012-12-31 | $25.21 Million | +72.26% |
| 2011-12-31 | $14.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LGI Homes's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 215833900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.16 Billion | 102.96% |
| Common Stock | $277.00K | 0.01% |
| Total Equity | $2.10 Billion | 100.00% |
LGI Homes Competitors by Market Cap
The table below lists competitors of LGI Homes ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Safehold Inc
NYSE:SAFE
|
$825.56 Million |
|
SEIREN CO. LTD
F:1AB
|
$825.60 Million |
|
China Railway Tielong Container Logistics Co Ltd
SHG:600125
|
$825.72 Million |
|
Axis Real Estate Investment Trust
KLSE:5106
|
$825.87 Million |
|
Banque Cantonale de Geneve
SW:BCGE
|
$825.51 Million |
|
Chengdu ALD Aviation Manufacturing Corp
SHE:300696
|
$825.06 Million |
|
Pan Jit International Inc
TW:2481
|
$824.61 Million |
|
The RealReal Inc
F:6RR
|
$824.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LGI Homes's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,037,228,000 to 2,096,289,000, a change of 59,061,000 (2.9%).
- Net income of 72,552,000 contributed positively to equity growth.
- Share repurchases of 23,639,000 reduced equity.
- New share issuances of 3,607,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $72.55 Million | +3.46% |
| Share Repurchases | $23.64 Million | -1.13% |
| Share Issuances | $3.61 Million | +0.17% |
| Other Changes | $6.54 Million | +0.31% |
| Total Change | $- | 2.90% |
Book Value vs Market Value Analysis
This analysis compares LGI Homes's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.45x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 23.56x to 0.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $1.74 | $40.93 | x |
| 2012-12-31 | $3.37 | $40.93 | x |
| 2013-12-31 | $7.92 | $40.93 | x |
| 2014-12-31 | $8.61 | $40.93 | x |
| 2015-12-31 | $11.38 | $40.93 | x |
| 2016-12-31 | $16.13 | $40.93 | x |
| 2017-12-31 | $20.47 | $40.93 | x |
| 2018-12-31 | $26.35 | $40.93 | x |
| 2019-12-31 | $33.23 | $40.93 | x |
| 2020-12-31 | $44.88 | $40.93 | x |
| 2021-12-31 | $56.04 | $40.93 | x |
| 2022-12-31 | $69.21 | $40.93 | x |
| 2023-12-31 | $78.48 | $40.93 | x |
| 2024-12-31 | $86.29 | $40.93 | x |
| 2025-12-31 | $90.15 | $40.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LGI Homes utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.25%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.87x
- Recent ROE (3.46%) is below the historical average (20.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 25.79% | 6.64% | 2.15x | 1.81x | $2.05 Million |
| 2012 | 38.50% | 12.73% | 1.67x | 1.81x | $7.18 Million |
| 2013 | 13.58% | 13.71% | 0.74x | 1.34x | $5.89 Million |
| 2014 | 15.46% | 7.36% | 0.87x | 2.40x | $9.96 Million |
| 2015 | 21.36% | 8.38% | 1.01x | 2.52x | $28.09 Million |
| 2016 | 21.12% | 8.95% | 1.03x | 2.29x | $39.51 Million |
| 2017 | 23.13% | 9.01% | 1.16x | 2.20x | $64.32 Million |
| 2018 | 23.67% | 10.32% | 1.08x | 2.13x | $89.69 Million |
| 2019 | 21.13% | 9.72% | 1.10x | 1.97x | $94.09 Million |
| 2020 | 28.44% | 13.68% | 1.30x | 1.60x | $209.99 Million |
| 2021 | 30.78% | 14.09% | 1.30x | 1.68x | $290.06 Million |
| 2022 | 19.88% | 14.17% | 0.74x | 1.90x | $162.33 Million |
| 2023 | 10.73% | 8.45% | 0.69x | 1.84x | $13.62 Million |
| 2024 | 9.62% | 8.90% | 0.59x | 1.84x | $-7.65 Million |
| 2025 | 3.46% | 4.25% | 0.43x | 1.87x | $-137.08 Million |
Industry Comparison
This section compares LGI Homes's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $2,241,860,400
- Average return on equity (ROE) among peers: -1.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LGI Homes (LGIH) | $2.10 Billion | 25.79% | 0.87x | $825.54 Million |
| Auscrete Corp (ASCK) | $-17.40K | 0.00% | 0.00x | $6.25K |
| BDCC (BDCC) | $977.67K | -17.59% | 0.06x | $875.45K |
| Barratt Developments PLC (BTDPY) | $269.50 Million | 18.07% | 1.18x | $7.57 Billion |
| Vistry Group PLC (BVHMF) | $710.82 Million | 1.97% | 0.31x | $1.54 Billion |
| BVHMY (BVHMY) | $3.32 Billion | 6.48% | 0.83x | $1.44 Billion |
| Beazer Homes USA Inc (BZH) | $262.25 Million | -55.42% | 6.56x | $561.31 Million |
| Calgro M3 Holdings Limited (CLMHF) | $1.43 Billion | 11.51% | 1.28x | $27.19 Million |
| Cairn Homes plc (CNHHY) | $778.78 Million | 5.55% | 0.30x | $1.56 Billion |
| Consorcio ARA S. A. B. de C. V. (CNRFF) | $15.56 Billion | 4.41% | 0.56x | $85.90 Million |
| Cavco Industries Inc (CVCO) | $85.70 Million | 8.05% | 0.66x | $3.88 Billion |