LGI Homes Inc - Company Profile
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LGI Homes Inc (LGI Homes) is a home building company that offers design, construction, marketing and sales of new homes. The company offers home building, garnering and sales services. It provides residential land development businesses. LGI Homes offers to build of quality appliances, custom cabinetry, dual-car garages and landscaped yards. It also offers customer care, seasonal home checks and warranty facilities. LGI offers detached and attached homes, and move-up homes under the LGI Homes brand, luxury series homes under the Terrata Homes brand. It operates in Texas, Arizona, Georgia, North Carolina and South Carolina. LGI Homes is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
1450 Lake Robbins Dr Ste 430, The Woodlands, Texas, 77380-3294
Website
www.lgihomes.com
Telephone
1 281 3628998
No of Employees
1,089
Industry
Construction
Ticker Symbol & Exchange
LGIH (NASD)
Revenue (2023)
$2.4B
2.3%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-39%
(2023 vs 2022)
Market Cap*
$2.3B
Net Profit Margin (2023)
XYZ
-40.4%
(2023 vs 2022)
* As of and is in US$
LGI Homes Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Home Building | LGI Brands |
| Garnering | LGI Homes Active Adult |
| Sales | Terrata Homes |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched the newest community Bold Springs Farm in the Atlanta market. |
| 2024 | Corporate Changes/Expansions | In February, the company opened its newest community, Wolf Creek Run in Strasburg, France. |
| 2023 | Corporate Changes/Expansions | In October, the company opened its new community in Yukon, Oklahoma, the US. |
Competitor Comparison
| Key Parameters | LGI Homes Inc | D.R. Horton Inc | KB Home | The New Home Company Inc | Meritage Homes of Georgia Realty, LLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | The Woodlands | Arlington | Los Angeles | Irvine | - |
| State/Province | Texas | Texas | California | California | - |
| No. of Employees | 1,089 | 13,450 | 2,205 | 209 | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Eric Lipar | Chairman; Chief Executive Officer | Executive Board | 2013 | 52 |
| Charles Merdian | Chief Financial Officer; Treasurer | Senior Management | 2013 | 51 |
| Michael Snider | Chief Operating Officer; President | Senior Management | 2013 | 51 |
| Scott Garber | Secretary; General Counsel | Senior Management | 2018 | 51 |
| Jack Lipar | Executive Vice President - Acquisitions | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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