Legacy Housing Corporation

LEGH Consumer Cyclical Residential Construction

Legacy Housing Corporation’s revenue for fiscal 2025 (year ended December 2025) was $164.6 million, down 10.7% from fiscal 2024.

Revenue
+72.2%
EPS
+136.1%
Free cash flow
+113.6%

Quarter to September 2026, against a year earlier

30.28 1.50 −4.72%
Market cap
$716.1M
P/E
11.5×
Fwd P/E
10.9×
Dividend yield
—
F-score
4/9
Altman Z
7.11
Beneish M
−2.79
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 63.59%

Capital & Financial Ratios $m

Size
Market Cap 716.10
Revenue ttm 208.68
Net income ttm 62.73
Free cash flow ttm 54.37
Net debt Q (30.84)
Valuation
P/E 11.47
Forward P/E 10.90
Price / sales 3.45
Forward P/S Powerpack
Price / FCF 16.57
Price / book 1.24
Financial health
Current ratio Q 3.25 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 1,378.47
Growth
Revenue growth Q +72.20% (above 0%: growing)
Operating income growth Q +141.36% (above 0%: growing)
EPS, this year +54.02% (at or above 15%: strong)
EPS, next year A −15.67% (below 0%: weak)
Revenue, next year A +23.41% (at or above 10%: strong)
EPS, past 5 yrs +2.74%
EPS, next 5 yrs A +9.51%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 62.40%
10-year low 10-year high
P/S against its own 10 years 87.18%
10-year low 10-year high
P/B against its own 10 years 34.73%
10-year low 10-year high
EV/Sales against its own 10 years 82.52%
10-year low 10-year high
EV/FCF against its own 10 years 31.33%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1 1 8 31
Receivables 37 37 38 —
Inventory 41 38 40 40
Other — — — —
116 124 165 159
2023 2024 2025 Q'26
Payables 4 5 6 6
ST’ Debt — — — —
Other 14 14 15 —
37 33 47 49

Compound Annual Growth %

10y 5y 3y
Sales — (1.42%) (13.81%)
Cash Flow — 0.00% 0.00%
Earnings — 1.93% (14.87%)
Book Value — 15.32% 11.43%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.46 0.99 0.85 — —
’25 0.41 0.60 0.35 0.37 1.74
’24 0.60 0.65 0.64 0.59 2.48
’23 0.65 0.60 0.64 0.28 2.17
’22 0.65 0.69 0.58 0.82 2.74
’21 0.37 0.51 0.61 0.56 2.05
’20 0.37 0.36 0.35 0.44 1.52
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 34 66 70 — —
’25 36 50 40 38 165
’24 43 42 44 54 184
’23 53 53 50 34 189
’22 60 64 57 76 257
’21 40 49 56 53 198
’20 38 46 44 49 177
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 7 17 11 — —
’25 5 6 7 19 37
’24 11 3 14 8 36
’23 (3) (5) 2 (8) (14)
’22 (1) (3) 5 (2) (2)
’21 (1) (3) 55 10 60
’20 (5) (1) (2) 6 (2)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 6 13 11 — —
’25 4 4 5 16 28
’24 10 3 9 6 28
’23 (2) (6) (1) (11) (20)
’22 (2) (4) 3 (1) (4)
’21 (3) (4) 53 9 54
’20 (5) (1) (4) 5 (5)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 111 129 162 169 177 198 257 189 184 165 209 +4.5% 203 186 — +6.2%
Gross margin, % 30.05 35.92 33.76 37.91 37.91 42.26 41.59 47.29 46.64 47.41 0.00 +17.4 pt
EBT 17 26 31 38 49 61 82 69 76 52 74 +12.8%
EBT margin, % 15.83 20.56 18.93 22.25 27.63 30.70 31.96 36.34 41.28 31.33 35.66 +15.5 pt
Net income 17 26 22 29 38 50 68 54 62 42 63 +10.3%
Per share, $
Per share, $ Revenue 4.60 5.36 8.01 6.93 7.29 8.16 10.55 7.76 7.61 6.86 8.77 +4.5%
Earnings 0.72 1.10 1.07 1.18 1.52 2.06 2.78 2.23 2.55 1.74 2.64 +10.3%
Cash flow (0.08) 0.18 0.14 (0.17) (0.08) 2.49 (0.07) (0.56) 1.49 1.55 2.29 n/m
Capex (0.09) (0.06) (0.30) (0.17) (0.12) (0.25) (0.09) (0.27) (0.32) (0.38) 0.00 +17.2%
Free cash flow (0.17) 0.12 (0.16) (0.34) (0.19) 2.25 (0.16) (0.83) 1.17 1.17 2.29 n/m
Book value 4.81 5.17 9.37 9.12 10.70 12.78 15.69 17.91 20.40 22.04 24.49 +18.4%
Shares, m 24 24 20 24 24 24 24 24 24 24 24 0.0%
Valuation, ×
Valuation, × P/E 6.61 6.61 11.20 14.22 9.94 12.91 6.69 11.05 9.72 11.22 11.47 10.0
P/S 0.00 0.00 1.49 2.40 2.07 3.24 1.76 3.19 3.24 2.84 3.45 2.0
P/B 1.94 1.94 1.27 1.82 1.41 2.07 1.19 1.38 1.21 0.89 1.24 1.5
EV/Sales 0.00 0.00 1.58 2.40 2.27 3.28 1.73 3.31 3.25 2.80 3.31 2.1
EV/FCF (176.59) (176.59) (77.11) (48.33) (86.28) 11.92 (116.79) (31.10) 21.11 16.37 15.88 (66.3)
Cash, $m
Cash, $m Operating cash flow (2) 4 3 (4) (2) 60 (2) (14) 36 37 54 n/m
Capex (2) (1) (6) (4) (3) (6) (2) (7) (8) (9) (11) +17.1%
Free cash flow (4) 3 (3) (8) (5) 54 (4) (20) 28 28 54 n/m
Balance, $m
Balance, $m Working capital 32 36 43 1 18 51 66 78 92 118 110 +15.7%
Net debt 43 53 15 0 35 7 (9) 23 (1) (7) (31) n/m
Shareholders’ equity 116 124 189 222 259 309 382 437 494 529 582 +18.4%
Returns, %
Returns, % ROA 8.93 13.57 9.70 11.12 12.21 14.14 16.87 11.54 11.84 7.50 10.51 (1.4) pt
ROIC 7.27 9.90 10.04 10.62 10.10 11.64 13.06 8.78 8.07 5.80 8.22 (1.5) pt
ROE 14.46 21.97 13.72 14.01 15.78 17.54 19.60 13.30 13.25 8.18 11.36 (6.3) pt
People
People Employees — 800 800 800 870 880 870 572 594 592 — (3.7%)
Revenue/emp, $m 0.00 0.16 0.20 0.21 0.20 0.22 0.30 0.33 0.31 0.28 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026

Legacy Housing Corporation vs peers in Residential Construction (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MTH Meritage Homes Corporation $4.6B 15.9× 14.9× −17.41% (below 0%: shrinking) −25.71% (below 0%: shrinking) +66.18% (above 0%: growing) 17.88% 6.79% Compare
MHO M/I Homes, Inc. $3.4B 12.5× 12.0× −4.92% (below 0%: shrinking) −34.66% (below 0%: shrinking) −139.62% (below 0%: shrinking) 20.86% 7.74% Compare
KBH KB Home $3.2B 14.4× 14.9× −19.96% (below 0%: shrinking) −35.34% (below 0%: shrinking) −178.04% (below 0%: shrinking) 16.85% 5.54% Compare
GRBK Green Brick Partners, Inc. $2.8B 10.6× 10.6× −8.82% (below 0%: shrinking) −23.16% (below 0%: shrinking) −346.83% (below 0%: shrinking) 29.84% 17.05% Compare
DFH Dream Finders Homes, Inc. $1.1B 12.8× 9.2× +2.71% (above 0%: growing) n/m −16.82% (below 0%: shrinking) 14.80% 0.31% Compare
LGIH LGI Homes, Inc. $1.1B 15.4× 15.7× +10.15% (above 0%: growing) +23.82% (above 0%: growing) +1,594.22% (above 0%: growing) 20.07% 6.10% Compare
LEGH Legacy Housing Corporation $716.1M 11.5× 10.9× +72.20% (above 0%: growing) +136.11% (above 0%: growing) +113.55% (above 0%: growing) 0.00% 33.62%
HOV Hovnanian Enterprises Inc $614.0M 118× 24.9× −11.85% (below 0%: shrinking) n/m −160.88% (below 0%: shrinking) 13.12% 0.81% Compare
BXBL BOXABL, Inc $463.8M — (loss-making) — — n/m −211.88% (below 0%: shrinking) — 0.00% Compare
Median of peers $2.0B 14.4× 14.9× −8.82% −25.71% −150.25% 17.88% 5.82%

All 19 Residential Construction stocks →

Pay and ownership Proxy statement filed 18 September 2026

Ownership

Directors and executive officers, together 12.70%
Curtis D. Hodgson 17.50%
Kenneth E. Shipley 12.60%
Douglas Shipley 12.10%
William Shipley 12.00%
American Endowment Foundation 9.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Legacy Housing Corporation (LEGH) Latest News

6 Nov

6 Aug

Impact 3 · · Moby transcript
Impact 3 · · MarketBeat transcript

8 May

13 Mar

Impact 4 · · MarketBeat

12 Mar

Impact 4 · · Associated Press Finance

10 Feb

29 Nov

7 Nov

Impact 4 · · Associated Press FinanceSimply Wall St.Associated Press FinanceMT NewswiresAssociated Press Finance
Impact 3 · · ZacksZacksAssociated Press FinanceZacks
stockrow.com/LEGH · Data as of Nov 4, 2026 · For information only; not investment advice. · © 2026 stockrow.com