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LGI Homes LGIH Inventory, Homes under Construction

Inventory, Homes under Construction at other companies

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Other financials

Income statement

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Revenue$319.7M-9.0%
Gross profit$59.9M-18.7%
Operating income-$582.0K-444%
Net income$2.2M-45.9%
EPS (diluted)$0.09-47.1%

Balance sheet

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Cash & equivalents$60.9M+5.7%
Total debt$5.0M-17.3%
Total equity$2.1B+2.9%
Total assets$4.0B+3.1%

Cash flow

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Operating cash flow-$55.5M+56.3%
CapEx$696.0K-16.2%
Free cash flow-$56.2M+56.1%

Valuation

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Market cap$1.43B-41.2%
Enterprise value$1.37B-42.9%
P/E20.2×+6.9×
P/S0.9×-0.3×

Profitability

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Gross margin20.3%-3.5pp
Operating margin4.7%-4.2pp
Net margin4.2%-4.2pp
FCF margin-10.5%-12.7pp

Returns & leverage

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Return on equity3.4%-5.9pp
Debt / equity0.0×

Where this comes from

Reported directly by LGI Homes in its filing.

Tagged under the XBRL concept us-gaap:InventoryHomesUnderConstruction.

The official record: LGI Homes’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is LGI Homes's inventory, homes under construction?
LGI Homes (LGIH) reported inventory, homes under construction of $321.5M in Q1 2026.
How has LGI Homes's inventory, homes under construction changed year-over-year?
LGI Homes's inventory, homes under construction decreased by 12.5% year-over-year, from $367.6M to $321.5M.
What is the long-term trend for LGI Homes's inventory, homes under construction?
Over 5 years (2020 to 2025), LGI Homes's inventory, homes under construction has grown at a -4.9% compound annual growth rate (CAGR), from $337.36M to $261.85M.
What does inventory, homes under construction mean?
This represents the accumulated costs of labor, materials, and overhead for housing units currently in the building phase. It serves as a leading indicator of future revenue, as these units are expected to be completed and sold in upcoming periods. High levels of work-in-progress inventory suggest strong operational momentum and active construction cycles.