LGI Homes, Inc.
Close on Oct 19, 2026
- Market cap
- $956.09M
- P/E (TTM)
- 14.4
- Dividend yield
- –
About LGI Homes
Operative Builders, SIC 1531
LGI Homes, Inc. designs, builds, and sells residential properties. The company offers attached and detached entry-level homes, townhomes, and active adult housing under its LGI Homes brand, while marketing luxury homes under the Terrata Homes brand. Its operations are organized into seven segments: West, Northwest, Central, Midwest, Florida, Southeast, and Mid-Atlantic. The company primarily targets current renters looking to become first-time homebuyers. It also operates a wholesale business selling single-family properties in bulk to institutional rental investors, leases select single-family homes, and offers mortgage brokerage and insurance services through strategic joint ventures.
As of December 31, 2025, the company conducted operations across 36 markets in 21 U.S. states, with 144 active communities and 1,056 employees. Its principal executive offices are located in The Woodlands, Texas.
Summary of the business section of LGI Homes's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LGI Homes, Inc.
- Founded
- 2013
- Headquarters
- The Woodlands, TX
- Address
- 1450 Lake Robbins Drive, Suite 430 77380
- Phone
- (281) 362-8998
- Website
- lgihomes.com
- Employees
- 1,056, Dec 31, 2025
- Industry
- Operative Builders
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Houston, Texas
Stock & identifiers
- Ticker
- LGIH
- Exchange
- Nasdaq
- IPO date
- Nov 8, 2013
- Shares outstanding
- 23M, Jul 30, 2026
- Public float
- $1.20B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1580670
- CUSIP
- 50187T106
- ISIN
- US50187T1060
- LEI
- 549300W02B4WNV8CV109
- EIN
- 46-3088013
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Eric Thomas Lipar | CEO and Chairman of the Board, Director | 2,356,666 |
| Charles Michael Merdian | CFO and Treasurer | 165,422 |
| Michael Larry Snider | President and COO | 211,731 |
| Scott James Garber | General Counsel and Secretary | 22,108 |
| Robert Karnig Vahradian | Director | 26,287 |
| Shailee Parikh | Director | 8,783 |
| Steven Randal Smith | Director | 25,261 |
| Bryan Christopher Sansbury | Director | 115,984 |
| Ryan Edone | Director | 43,156 |
| Maria Renna Sharpe | Director | 9,783 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Eric Lipar | $5.18M | -$3.29M | $1.78M | $41 | $179 |
| FY2024 Eric Lipar | $6.17M | $1.98M | $2.45M | $127 | $229 |
| FY2023 Eric Lipar | $6.59M | $8.52M | $2.13M | $188 | $209 |
| FY2022 Eric Lipar | $5.76M | -$7.84M | $1.80M | $131 | $132 |
| FY2021 Eric Lipar | $6.53M | $18.77M | $1.89M | $219 | $188 |
| FY2020 Eric Lipar | $5.49M | $15.36M | $1.80M | $150 | $126 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 1,056 people, of whom 92 were located at our corporate headquarters.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 8, 2026 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 10, 2026 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 18, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 8, 2013 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 10, 2013 | Listing | Registration of securities on an exchange (Form 8-A) |