Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). LGI Homes's share price for the quarter that ended in Dec. 2023 was $133.16. LGI Homes's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 24 Mil. Therefore, LGI Homes's market cap for the quarter that ended in Dec. 2023 was $3,140 Mil.
LGI Homes's quarterly market cap
declined
from Jun. 2023 ($3,176 Mil) to Sep. 2023 ($2,344 Mil) but then
increased
from Sep. 2023 ($2,344 Mil) to Dec. 2023 ($3,140 Mil).
LGI Homes's annual market cap
declined
from Dec. 2021 ($3,695 Mil) to Dec. 2022 ($2,158 Mil) but then
increased
from Dec. 2022 ($2,158 Mil) to Dec. 2023 ($3,140 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. LGI Homes's Enterprise Value for Today is $3,573 Mil.
LGI Homes Market Cap Historical Data
The historical data trend for LGI Homes's Market Cap 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.
For the Residential Construction subindustry, LGI Homes's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's Market Cap distribution charts can be found below:
* The bar in red indicates where LGI Homes's Market Cap falls into.
LGI Homes Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
LGI Homes's Market Cap 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.
LGI Homes (NAS:LGIH) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
LGI Homes Market Cap Related Terms
Thank you for viewing the detailed overview of LGI Homes's Market Cap 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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