Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. LGI Homes's annualizedGross Profit for the quarter that ended in Dec. 2023 was $571 Mil.
LGI Homes's average Total Assets over the quarter that ended in Dec. 2023 was $3,371 Mil. Therefore, LGI Homes's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 16.92%.
LGI Homes Gross-Profit-to-Asset % Historical Data
The historical data trend for LGI Homes's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of LGI Homes's Gross-Profit-to-Asset %
For the Residential Construction subindustry, LGI Homes's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
LGI Homes's Gross-Profit-to-Asset % Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where LGI Homes's Gross-Profit-to-Asset % falls into.
LGI Homes Gross-Profit-to-Asset % Calculation
LGI Homes's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
LGI Homes Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of LGI Homes's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring.
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