← LGI Homes, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $75.0m |
$113.3m
+51.01%
|
$155.3m
+37.05%
|
$178.6m
+15.02%
|
$323.9m
+81.34%
|
$429.6m
+32.65%
|
$326.6m
-23.99%
|
$199.2m
-38.99%
|
$196.1m
-1.58%
|
$72.6m
-63.00%
|
— | |
| Depreciation, Depletion and Amortization | $1.1m | $791k | $711k | $643k | $710k | $1.2m | $1.6m | $2.4m | $3.1m | $4.3m | $5.0m | |
| Amortization of Debt Issuance Costs and Discounts | $3.6m | $4.1m | $4.6m | $4.1m | $2.9m | $2.9m | $3.5m | $4.0m | $14.0m | $9.9m | — | |
| Depreciation | $900k | $800k | $700k | $600k | $700k | $1.1m | $1.6m | $2.4m | $3.1m | $4.3m | $5.0m | |
| Deferred Income Tax Expense (Benefit) | ($2.6m) | ($2.1m) | ($724k) | ($1.8m) | ($2.4m) | $788k | $12k | ($2.0m) | ($1.1m) | ($633k) | $41k | |
| Share-based Payment Arrangement, Noncash Expense | $3.4m | $4.2m | $5.9m | $7.5m | $13.5m | $13.6m | $9.2m | $8.9m | $10.5m | $6.0m | $6.2m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | — | $600k | $6.2m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | $11.4m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | $5.5m | $12.8m | $13.3m | $1.9m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($270k) | $27.7m | ($1.9m) | $13.6m | $59.5m | ($58.0m) | ($32.8m) | $16.2m | ($12.6m) | $3.8m | $746k | |
| Increase (Decrease) in Inventories | $183.9m | $200.6m | $234.7m | $266.7m | $70.2m | $463.6m | $823.9m | $255.5m | $365.9m | $257.0m | ($36.6m) | |
| Inventory Write-down | — | — | — | — | — | — | — | — | — | $6.7m | — | |
| Increase (Decrease) in Accounts Payable | ($11.7m) | ($257k) | ($2.8m) | $3.3m | $1.2m | ($760k) | $11.1m | $6.3m | $1.7m | ($17.1m) | $12.7m | |
| Net Cash Provided by (Used in) Operating Activities | ($108.2m) |
($68.5m)
+36.71%
|
($116.7m)
-70.48%
|
($41.9m)
+64.07%
|
$202.2m
+582.09%
|
$21.7m
-89.27%
|
($370.5m)
-1807.15%
|
($57.0m)
+84.62%
|
($143.7m)
-152.32%
|
($140.0m)
+2.62%
|
$132.6m
+194.70%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $722k | $518k | $475k | $734k | $2.7m | $1.7m | $1.2m | $1.4m | $2.0m | $924k | ($1.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | — | — | — | — | — | — | — | — | — | ($2.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($722k) | ($518k) | ($74.9m) | ($1.8m) | ($5.6m) | ($70.4m) | ($6.0m) | ($13.6m) | $15.6m | $27.9m | $51.4m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | ($3.6m) | ($169k) | $0 | ($14.0m) | $0 | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | $0 | — | $1.5m | $0 | $48.1m | $193.8m | $95.1m | $0 | $31.0m | $23.6m | — | |
| Proceeds from Issuance of Common Stock | $29.4m | $17.1m | $2.7m | $2.9m | $4.3m | $7.1m | $5.6m | $5.3m | $4.8m | $3.6m | $3.8m | |
| Proceeds from (Payments for) Other Financing Activities | ($843k) | ($648k) | ($132k) | $0 | $0 | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $120.9m |
$87.0m
-27.98%
|
$170.7m
+96.14%
|
$35.4m
-79.24%
|
($198.9m)
-661.14%
|
$63.3m
+131.80%
|
$357.9m
+465.74%
|
$87.6m
-75.53%
|
$132.3m
+51.08%
|
$120.1m
-9.26%
|
($182.4m)
-251.91%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $11.9m | $18.1m | ($20.9m) | ($8.3m) | ($2.4m) | $14.6m | ($18.5m) | $17.0m | $4.2m | $8.1m | $61.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $32.0m | $49.0m | $53.2m | $61.2m | $61.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $62.4m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | ($1k) | ($13k) | ($6k) | ($37k) | $4k | $717k | $2.2m | $1.6m | $14.0m | $2.6m | — | |
| Gain (Loss) on Sale of Derivatives | — | — | — | — | — | — | $7.1m | $0 | $0 | — | — | |
| General and Administrative Expense | $43.2m | $55.7m | $70.3m | $77.4m | $90.0m | $100.3m | $111.6m | $117.3m | $121.2m | $111.6m | — | |
| Goodwill | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $11.4m | |
| Income Tax Expense (Benefit) | $38.6m | $58.1m | $43.8m | $53.2m | $44.0m | $113.1m | $91.5m | $62.5m | $62.8m | $25.9m | — | |
| Payments of Financing Costs | $204k | $69k | $76k | $0 | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.