LEGH · Legacy Housing Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $164.57M | $184.19M | $189.14M | $257.01M | $197.51M | $176.72M |
| Cost of Revenue | $84.83M | $90.07M | $99.69M | $150.11M | $114.05M | $109.72M |
| Gross Profit | $79.74M | $94.12M | $89.45M | $106.90M | $83.46M | $67.00M |
| R&D | - | - | - | - | - | - |
| SG&A | $29.61M | $23.22M | $24.28M | $27.57M | $23.31M | $19.07M |
| Total Operating Expenses | $116.16M | $120.58M | $179.00M | - | - | - |
| D&A | $1.86M | $1.91M | $1.73M | $1.94M | $1.59M | $1.21M |
| Operating Income | $48.41M | $63.61M | $64.59M | $78.02M | $58.92M | $47.60M |
| Interest Expense | $28.0K | $689.0K | $930.0K | $375.0K | $887.0K | $1.05M |
| Income Tax | $9.76M | $14.40M | $14.28M | $14.38M | $10.76M | $10.83M |
| Net Income | $41.81M | $61.64M | $54.46M | $67.77M | $49.87M | $37.99M |
| EPS - Basic | $1.74 | $2.55 | $2.23 | $2.78 | $2.06 | $1.57 |
| EPS - Diluted | $1.74 | $2.48 | $2.17 | $2.74 | $2.05 | $1.57 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $8.48M | $1.15M | $748.0K | $2.82M | $1.04M | $768.0K |
| Accounts Receivable | $5.47M | $3.98M | $4.66M | $4.87M | $8.61M | $3.87M |
| Inventory | $39.85M | $37.54M | $33.18M | $32.08M | $41.23M | $27.22M |
| Accounts Payable | $6.44M | $5.09M | $4.09M | $4.55M | $4.16M | $10.20M |
| Current Assets | $164.66M | $124.31M | $107.88M | $107.08M | $92.54M | $54.96M |
| Total Assets | $580.34M | $534.19M | $506.74M | $436.81M | $366.67M | $338.62M |
| Current Liabilities | $46.86M | $32.74M | $37.33M | $41.46M | $41.94M | $36.41M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $51.72M | $40.24M | $70.01M | $54.71M | $57.27M | $79.42M |
| Stockholders' Equity | $528.61M | $493.96M | $436.74M | $382.10M | $309.39M | $259.19M |
| Retained Earnings | $363.21M | $321.40M | $259.76M | $206.00M | $138.22M | $88.35M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $37.15M | $35.99M | ($13.54M) | ($1.69M) | $60.30M | ($2.04M) |
| Investing Cash Flow | ($22.08M) | ($6.71M) | ($9.77M) | $9.08M | ($31.94M) | ($2.72M) |
| Financing Cash Flow | ($7.75M) | ($28.88M) | $21.23M | ($5.61M) | ($28.08M) | $3.80M |
| CapEx | $9.00M | $9.21M | $7.71M | $3.80M | $5.95M | $2.85M |
| Free Cash Flow | $28.15M | $26.78M | ($21.25M) | ($5.49M) | $54.34M | ($4.88M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 48.5% | 51.1% | 47.3% | 41.6% | 42.3% | 37.9% |
| Operating margin | 29.4% | 34.5% | 34.1% | 30.4% | 29.8% | 26.9% |
| EBITDA margin | 30.5% | 35.6% | 35.1% | 31.1% | 30.6% | 27.6% |
| Net margin | 25.4% | 33.5% | 28.8% | 26.4% | 25.3% | 21.5% |
| Free cash flow margin | 17.1% | 14.5% | -11.2% | -2.1% | 27.5% | -2.8% |
| FCF / Net income | 0.67 | 0.43 | -0.39 | -0.08 | 1.09 | -0.13 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 18.0% | 12.6% | 12.8% | 10.7% | 11.8% | 10.8% |
| Effective tax rate | 18.9% | 18.9% | 20.8% | 17.5% | 17.7% | 22.2% |
| Return on assets | 7.2% | 11.5% | 10.7% | 15.5% | 13.6% | 11.2% |
| Return on equity | 7.9% | 12.5% | 12.5% | 17.7% | 16.1% | 14.7% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 3.51 | 3.80 | 2.89 | 2.58 | 2.21 | 1.51 |
| Quick ratio | 2.66 | 2.65 | 2.00 | 1.81 | 1.22 | 0.76 |
| Cash ratio | 0.18 | 0.04 | 0.02 | 0.07 | 0.02 | 0.02 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 1728.8x | 92.3x | 69.4x | 208.0x | 66.4x | 45.2x |
| Equity multiplier | 1.10 | 1.08 | 1.16 | 1.14 | 1.19 | 1.31 |
| Liabilities / Assets | 0.09 | 0.08 | 0.14 | 0.13 | 0.16 | 0.23 |
| Efficiency | ||||||
| Asset turnover | 0.28 | 0.34 | 0.37 | 0.59 | 0.54 | 0.52 |
| Inventory turnover | 2.13 | 2.40 | 3.00 | 4.68 | 2.77 | 4.03 |
| Days sales outstanding | 12d | 8d | 9d | 7d | 16d | 8d |
| Days inventory outstanding | 171d | 152d | 121d | 78d | 132d | 91d |
| Days payable outstanding | 28d | 21d | 15d | 11d | 13d | 34d |
| Cash conversion cycle | 156d | 139d | 115d | 74d | 135d | 65d |
| Valuation | ||||||
| P / E | 11.2x | 10.0x | 11.6x | 6.9x | 12.9x | 9.6x |
| P / B | 0.9x | 1.2x | 1.4x | 1.2x | 2.1x | 1.4x |
| P / S | 2.8x | 3.3x | 3.3x | 1.8x | 3.3x | 2.1x |
| EV / EBITDA | 9.1x | 9.3x | 9.5x | 5.8x | 10.6x | 7.5x |
| Growth | ||||||
| Revenue growth (YoY) | -10.7% | -2.6% | -26.4% | 30.1% | 11.8% | 9.2% |
| Revenue CAGR (3y) | -13.8% | -2.3% | 2.3% | 16.7% | - | - |
| Revenue CAGR (5y) | -1.4% | 2.6% | - | - | - | - |
| Gross profit growth (YoY) | -15.3% | 5.2% | -16.3% | 28.1% | 24.6% | 22.6% |
| Operating income growth (YoY) | -23.9% | -1.5% | -17.2% | 32.4% | 23.8% | 45.1% |
| Net income growth (YoY) | -32.2% | 13.2% | -19.6% | 35.9% | 31.3% | 76.6% |
| EPS growth (YoY) | -29.8% | 14.3% | -20.8% | 33.7% | 30.6% | 46.7% |
| EPS CAGR (3y) | -14.0% | 6.6% | 11.4% | 36.8% | - | - |
| EPS CAGR (5y) | 2.1% | 18.3% | - | - | - | - |
| FCF growth (YoY) | 5.1% | - | -287.0% | - | - | -47.2% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 7.0% | 13.1% | 14.3% | 23.5% | 19.4% | 16.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$116.93M totalCommercial Sales$38.38M · 32.8%
Inventory Finance Sales$37.24M · 31.9%
Retail Store Sales$22.56M · 19.3%
Direct Sales$11.43M · 9.8%
Product And Service Other$7.32M · 6.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
5.51
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Mobile Homes
Comparing Legacy Housing Corp against the 3 most active filers in the same SIC group.