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Legacy Housing Corporation LEGH Provision for Credit Losses

Provision for Credit Losses at other companies

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Cavco IndustriesCVCO
-$413K
UMH
UMH PropertiesUMH
$569K+44.1%
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Bridgewater Bancshares, Inc.BWB
$550K-72.5%
Medallion Financial logo
Medallion FinancialMFIN
$22.48M+2.1%

Other financials

Income statement

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Revenue$66.3M+32.3%
Gross profit$32.8M+35.5%
Operating income$26.5M+57.3%
Net income$23.5M+59.8%
EPS (diluted)$0.99+65.0%

Balance sheet

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Cash & equivalents$29.0M+1,001%
Total debt$1.1M-4.1%
Total equity$562.2M+9.6%
Total assets$615.7M+11.5%

Cash flow

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Operating cash flow$17.4M+188%
CapEx$5.1M+115%
Free cash flow$12.3M+235%

Valuation

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Market cap$675.87M+12.9%
Enterprise value$648.02M+8.5%
P/E13.2×+2.4×
P/S3.8×+0.5×

Profitability

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Gross margin49.8%-0.8pp
Operating margin32.8%+0.6pp
Net margin28.6%-1.4pp
FCF margin21.5%+9.3pp

Returns & leverage

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Return on equity9.5%-1.8pp
Debt / equity0.0×
Current ratio3.6×-0.4×

Where this comes from

Reported directly by Legacy Housing Corporation in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Legacy Housing Corporation’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091072
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Cost of product sales33,52125,94148,45743,133
Cost of other sales326281,2331,143
Selling, general and administrative expenses6,9065,70111,35711,595
Provision for loan loss (income) (1)(569)1,0748201,552
Total operating expenses39,89033,34461,86757,423
Income from operations26,45816,81738,84728,408
Other income (expense):
Non‑operating interest income218499574966

Item 1.Financial Statements

FAQ

What is Legacy Housing Corporation's provision for credit losses?
Legacy Housing Corporation (LEGH) reported provision for credit losses of -$569K in Q2 2026.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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