Financial Statements

LGI Homes, Inc. (LGIH)

$92.45

-4.28 (-4.42%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 934610432276-
Net Income 430324179155113
Stock Dividends ----163
Dividend Paid -----
Retained Earnings 1,364934610432276

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 4212-
Annual Depreciation 155102
Capital Expenditure -2-3-1-0-1
Net PPE 174212

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -12121212
New Purchases -----
Intangible and Goodwill 1212121212

LGI Homes, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes LGI Homes, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.