LEGHNasdaqMobile HomesFiscal year ends December 31
Legacy Housing Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$26.59−0.80 (-2.92%)
Close on Oct 19, 2026
- Market cap
- $633.21M
- P/E (TTM)
- 12.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
48.5%+10.5 pts over 5 years
Operating margin
29.4%+2.5 pts over 5 years
Net margin
25.4%+3.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -10.7% | -13.8% | -1.4% | – | |
| Gross profit | -15.3% | -9.3% | +3.5% | – | |
| Operating income | -23.9% | -14.7% | +0.3% | – | |
| Net income | -32.2% | -14.9% | +1.9% | – | |
| EPS, diluted | -29.8% | -14.0% | +2.1% | – | |
| Free cash flow | +5.1% | – | – | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 15.8% | 8.2% | |
| Return on assets | – | 12.2% | 7.5% | |
| Current ratio | – | 1.50 | 3.51 | |
| Interest coverage | – | 45.2× | 1728.8× | |
| Inventory turnover | – | 4.0× | 2.2× | |
| Capex to revenue | – | 1.6% | 5.5% | |
| Diluted shares | – | 24M | 24M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Legacy Housing generated $148.67M from operations and spent $48.68M on capital expenditure, dividends and share buybacks. 73% of that went back into the business.
Generated
$148.67M
Used
$48.68M
Capital expenditure$35.68M73%Dividends$00%Share buybacks$13.00M27%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin25.4%
×Asset turnover0.30×
×Equity multiplier1.09×
=Return on equity, FY20258.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 25.4% | 0.30× | 1.09× | 8.2% |
| FY2024 | 33.5% | 0.35× | 1.12× | 13.2% |
| FY2023 | 28.8% | 0.40× | 1.15× | 13.3% |
| FY2022 | 26.4% | 0.64× | 1.16× | 19.6% |
| FY2021 | 25.3% | 0.56× | 1.24× | 17.5% |
| FY2020 | 21.5% | 0.57× | 1.29× | 15.8% |
| FY2019 | 17.1% | 0.65× | 1.26× | 14.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$41.81M
- Cash generatingOperating cash flow above zero$37.15M
- Return on assets improvedROA up on the prior year12.2% → 7.8%
- Earnings backed by cashOperating cash flow above net income$37.15M vs $41.81M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose3.80 → 3.51
- No dilutionShare count did not rise25M → 24M
- Gross margin improvedGross margin up on the prior year51.10% → 48.45%
- More efficientAsset turnover rose0.36 → 0.31