LGI Homes, Inc. (LGIH) financial statements (2021 and earlier)

Company profile

Business Address 1450 LAKE ROBBINS DRIVE, SUITE 430
THE WOODLANDS, TX 77380
State of Incorp. DE
Fiscal Year End December 31
SIC 1531 - Operative Builders (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments38476850383154
Cash and cash equivalents38476850383154
Prepaid expense   1111
Total current assets:38476851393355
Noncurrent Assets
Operating lease, right-of-use asset5
Inventory, real estate1,5001,228919718531613
Property, plant and equipment2122221
Intangible assets, net (including goodwill), including:12121212121213
Goodwill12121212   
Other undisclosed intangible assets, net (including goodwill)0000121213
Total noncurrent assets:1,5191,24293373254662714
Other undisclosed assets109107803238(221)152
TOTAL ASSETS:1,6661,3951,080815622438221
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities82174059045937525657
Total liabilities:82174059045937525657
Stockholders' equity
Stockholders' equity attributable to parent845656490355247182164
Common stock0000000
Treasury stock, value(18)(18)(17)(17)(17)(17) 
Additional paid in capital253242230208176164157
Retained earnings61043227616388357
Total stockholders' equity:845656490355247182164
TOTAL LIABILITIES AND EQUITY:1,6661,3951,080815622438221

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,8381,5041,258838630383163
Revenue, net  630383163
Cost of revenue
(Cost of Goods and Services Sold)
(1,402)(1,124)(938)(617)(463)(280)(121)
Gross profit:43638032022216710341
Operating expenses(209)(180)(151)(110)(87)(69)(33)
Other undisclosed operating income     98
Operating income:228200170111804216
Nonoperating income
(Other Nonoperating income)
4322110
Interest and debt expense(0)(4)   (1)(0)
Income from continuing operations before equity method investments, income taxes:232199171114804216
Income from equity method investments      4
Other undisclosed income from continuing operations before income taxes     12
Income from continuing operations before income taxes:232199171114804323
Income tax expense(53)(44)(58)(39)(27)(15)(1)
Net income:17915511375532822
Net income attributable to noncontrolling interest      1
Net income available to common stockholders, basic:17915511375532822
Interest on convertible debt    00 
Net income available to common stockholders, diluted:17915511375532822

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:17915511375532822
Comprehensive income:17915511375532822
Comprehensive loss, net of tax, attributable to noncontrolling interest      (1)
Comprehensive income, net of tax, attributable to parent:17915511375532821

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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