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 Homes markets products under various brand names including LGI Homes Active Adult, LGI Homes and Terrata Homes. It operates across the US. LGI Homes is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
Suite 430, 1450 Lake Robbins Drive, 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 (2022)
$2.4B
2.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-39%
(2022 vs 2021)
Market Cap*
$2.3B
Net Profit Margin (2022)
XYZ
-40.4%
(2022 vs 2021)
* As of and is in US$
LGI Homes Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Homes | 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 | Corporate Changes/Expansions | In April, the company opened its new community, Heritage Gardens in Tacoma, Washington, the US. |
| 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. |
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 | Chief Executive Officer; Chairman | Executive Board | 2013 | 53 |
| Charles Merdian | Treasurer; Chief Financial Officer | Senior Management | 2013 | 54 |
| Michael Snider | President; Chief Operating Officer | Senior Management | 2013 | 52 |
| Scott Garber | General Counsel; Secretary | Senior Management | 2018 | 52 |
| 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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