LGI Homes Inc - Company Profile
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LGI Homes Inc (LGI Homes) is a real estate company that focuses on the design, construction, and sale of new homes. The company offers home building, garnering and sales services. It also provides residential land development businesses, single-family homes and rental properties. LGI Homes offers to build of quality appliances, custom cabinetry, dual-car garages and landscaped yards. The company's brands include LGI Homes, Terrata Homes, and LGI Homes Active Adult. It operates through a network of affiliated mortgage brokers and new home consultants to facilitate the home buying process. LGI Homes is headquartered in The Woodlands, 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
1,056
Industry
Construction
Ticker Symbol & Exchange
LGIH (NASD)
Revenue (2024)
$1.7B
-22.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-63%
(2024 vs 2023)
Market Cap*
$1.5B
Net Profit Margin (2024)
XYZ
-52.3%
(2024 vs 2023)
* As of and is in US$
LGI Homes Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Homes | Home Building | LGI Homes |
| Garnering and Warranty | Terrata Homes | |
| Seasonal Home Checks | LGI Homes Active Adult |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In May, the company opened Willow Estates, a new single-family home community in Shelby, North Carolina, the US. |
| 2026 | Corporate Changes/Expansions | In May, the company launched its Novo Collection at Hallimore Ranch, a master-planned community in Rosenberg, Texas, the US. |
| 2026 | Corporate Changes/Expansions | In May, the company opened Vistas at Los Senderos. |
Competitor Comparison
| Key Parameters | LGI Homes Inc | Century Communities Inc | Hovnanian Enterprises Inc | Beazer Homes USA Inc | The New Home Company Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | The Woodlands | Greenwood Village | Matawan | Atlanta | Irvine |
| State/Province | Texas | Colorado | New Jersey | Georgia | California |
| No. of Employees | 1,056 | 1,660 | 1,891 | 1,018 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Eric Lipar | Chairman; Chief Executive Officer | Executive Board | 2009 | 55 |
| Charles Merdian | Chief Financial Officer; Treasurer | Senior Management | 2013 | 56 |
| Michael Snider | Chief Operating Officer; President | Senior Management | 2013 | 54 |
| Scott Garber | Secretary; General Counsel | Senior Management | 2018 | 54 |
| Ryan Edone | Director | Non Executive Board | 1999 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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