LGI Homes (LGIH)
Return on assets (ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 196,071 | 197,290 | 194,757 | 189,318 | 199,227 | 181,253 | 204,601 | 274,843 | 326,567 | 403,755 | 413,915 | 408,673 | 429,645 | 454,770 | 443,224 | 380,714 | 323,895 | 252,337 | 212,682 | 203,113 |
Total assets | US$ in thousands | 3,758,530 | 3,825,830 | 3,701,930 | 3,522,890 | 3,407,850 | 3,335,010 | 3,139,540 | 3,100,920 | 3,124,830 | 3,112,800 | 2,873,360 | 2,594,230 | 2,351,860 | 2,153,560 | 2,058,840 | 1,825,490 | 1,826,090 | 1,762,840 | 1,636,380 | 1,719,040 |
ROA | 5.22% | 5.16% | 5.26% | 5.37% | 5.85% | 5.43% | 6.52% | 8.86% | 10.45% | 12.97% | 14.41% | 15.75% | 18.27% | 21.12% | 21.53% | 20.86% | 17.74% | 14.31% | 13.00% | 11.82% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $196,071K ÷ $3,758,530K
= 5.22%
LGI Homes' Return on Assets (ROA) has shown a declining trend from 11.82% in March 2020 to 5.22% by December 2024. The ROA reached its peak in June 2021 at 21.53%, indicating efficiency in generating profit relative to its total assets. However, the subsequent quarters saw a consistent decrease in ROA, which may suggest declining profitability and/or asset utilization efficiency. Overall, the decreasing trend in ROA highlights the importance of closely monitoring LGI Homes' asset management and profitability performance over time.
Peer comparison
Dec 31, 2024
Company name
Symbol
ROA
LGI Homes
LGIH
5.22%
Century Communities Inc
CCS
7.37%
DR Horton Inc
DHI
13.17%
Dream Finders Homes Inc
DFH
10.07%
Everus Construction Group Inc
ECG
10.34%
Green Brick Partners Inc
GRBK
16.96%
KB Home
KBH
9.44%
M/I Homes Inc
MHO
12.39%
Meritage Corporation
MTH
10.98%
NVR Inc
NVR
26.36%
PulteGroup Inc
PHM
17.76%