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Legacy HousingLEGH +0.79%75 Pretax Margin % is 39.86% as of Jun. 2026, which is 37% above its 10-year median of 29.17. GuruFocus rates LEGH with a GF Score™ of 75/100 and a GF Value™ of $25.33 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 90 Homebuilding & Construction companies, Legacy Housing ranks better than 96.67% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Legacy Housing Pretax Margin % Related Terms
Legacy Housing Pretax Margin % Historical Data
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The historical data trend for Legacy Housing's Pretax Margin % 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.
LEGH vs HOV, BZH, VNJA: Pretax Margin % Comparison
For the Residential Construction subindustry, Legacy Housing's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
Legacy Housing Pretax Margin % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Legacy Housing's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Legacy Housing's Pretax Margin % falls into.
* 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.
Legacy Housing (LEGH) has a Pretax Margin % of 39.86% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Legacy Housing and its competitors. This is 37% above median its historical median of 29.17. Over the past decade, Legacy Housing's Pretax Margin % has ranged from 15.83 to 41.28. According to the industry distribution chart, Legacy Housing ranks #3 out of 90 companies in the Homebuilding & Construction industry, placing it in the top 3.3%.
Is Legacy Housing's Pretax Margin % too high?
Legacy Housing's current Pretax Margin % of 39.86% is 37% above median its 10-year median of 29.17. Over the past 10 years, this metric has ranged from a low of 15.83 to a high of 41.28. The Homebuilding & Construction industry median Pretax Margin % is 6.97. Legacy Housing's value of 39.86% is 471.9% above this industry median. Based on the distribution chart, Legacy Housing ranks #3 out of 90 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Legacy Housing has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Legacy Housing's Pretax Margin % compare to HOV and BZH?
According to the Homebuilding & Construction industry distribution chart, Legacy Housing ranks #3 out of 90 companies for Pretax Margin %. This places Legacy Housing in the top 3% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.97. Legacy Housing's value of 39.86% is 471.9% above this benchmark. Historically, Legacy Housing's own Pretax Margin % has ranged from 15.83 to 41.28 over the past decade. While the company's 10-year median is 29.17 vs. the industry median of 6.97, Legacy Housing has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Homebuilding & Construction company?
The median Pretax Margin % among Homebuilding & Construction companies is 6.97, based on 90 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Legacy Housing's current Pretax Margin % of 39.86% is 471.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Legacy Housing and its competitors. For the Homebuilding & Construction industry, the median Pretax Margin % is 6.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Housing's current Pretax Margin % is 39.86%, which is 37% above median its own 10-year median of 29.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Housing stock overvalued right now?
Based on GuruFocus' analysis, Legacy Housing (LEGH) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.33, compared to a current price of $29.34 — trading 15.8% above its estimated fair value. The current Pretax Margin % is 39.86%, which is 37% above median its 10-year median of 29.17 and 471.9% above the Homebuilding & Construction industry median of 6.97. Legacy Housing's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Legacy Housing (LEGH), the current Pretax Margin % is 39.86% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Legacy Housing (LEGH) Overvalued in 2026?
Based on GuruFocus' analysis, Legacy Housing stock appears to be overvalued.
The current stock price of $29.34 is trading 15.8% above its estimated GF Value™ of $25.33.
GuruFocus considers Legacy Housing to be Modestly Overvalued.
Key valuation signals for LEGH:
Pretax Margin %: 39.86% (37% above median its 10-year median of 29.17)
GF Value™: $25.33 vs. price of $29.34 (15.8% above fair value)
Industry Position: 471.9% above the Homebuilding & Construction median (#3 of 90)
No single metric tells the full story. See the LEGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Legacy Housing Corp builds, sells, and finances manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores, and are also sold directly to manufactured home communities. The Company manufactures and provides for the transport of manufactured homes, provides wholesale financing to dealers and mobile home parks, provides retail financing to consumers, and is involved in financing and developing new manufactured home communities. The Company manufactures its mobile homes at plants in Fort Worth, Texas; Commerce, Texas; and Eatonton, Georgia. The Company also sells homes directly to consumers, through its own retail stores, and to dealers and mobile home parks.
75GF Score
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