LGI Homes, Inc. (LGIH) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments51363847685038
Cash and cash equivalents51363847685038
Prepaid expense     11
Total current assets:51363847685139
Noncurrent Assets
Operating lease, right-of-use asset555
Inventory, real estate2,0861,5691,5001,228919718531
Property, plant and equipment17421222
Intangible assets, net (including goodwill), including:12121212121212
Goodwill121212121212 
Other undisclosed intangible assets, net (including goodwill)00000012
Deferred income tax assets67 
Total noncurrent assets:2,1261,5971,5191,242933732546
Other undisclosed assets175193109107803238
TOTAL ASSETS:2,3521,8261,6661,3951,080815622
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities956687821740590459375
Total liabilities:956687821740590459375
Stockholders' equity
Stockholders' equity attributable to parent1,3961,139845656490355247
Common stock0000000
Treasury stock, value(260)(66)(18)(18)(17)(17)(17)
Additional paid in capital292271253242230208176
Retained earnings1,36493461043227616388
Total stockholders' equity:1,3961,139845656490355247
TOTAL LIABILITIES AND EQUITY:2,3521,8261,6661,3951,080815622

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues3,0502,3681,8381,5041,258838630
Revenue, net  630
Cost of revenue
(Cost of Goods and Services Sold)
(2,232)(1,765)(1,402)(1,124)(938)(617)(463)
Gross profit:818603436380320222167
Operating expenses(270)(238)(209)(180)(151)(110)(87)
Operating income:54836522820017011180
Nonoperating income
(Other Nonoperating income)
9343221
Interest and debt expense(14) (0)(4)   
Income from continuing operations before income taxes:54336823219917111480
Income tax expense(113)(44)(53)(44)(58)(39)(27)
Net income available to common stockholders, basic:4303241791551137553
Interest on convertible debt      0
Net income available to common stockholders, diluted:4303241791551137553

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:4303241791551137553
Comprehensive income, net of tax, attributable to parent:4303241791551137553

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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