LGI Homes : First Quarter 2025 Investor Presentation (c6d3de)

Published: 2025-05-02 19:08:58 ET LGIH

Published on 05/02/2025 at 19:08, updated on 05/02/2025 at 19:04

INVESTOR PRESENTATION

First Quarter 2025

1) Adjusted Gross Margin is a non-GAAP measure defined as Gross Margin adjusted for Capitalized Interest and adjustments resulting from the application of purchase accounting included in Cost of Sales. See the Appendix for a reconciliation of Adjusted Gross Margin to Gross Margin

10,442

9,339

7,690

5,845

6,512

6,621 6,729

6,028

5,941

3,404

4,163

2,356

$3,050

$2,368

$2,304 $2,359 $2,203 $2,163

$1,838

$1,258 $1,504

$838

$383

$630

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LTM 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LTM

Average Absorptions

6.1 6.0 6.0 6.7 6.7 6.7 7.0 8.3 6.0 5.4 3.8 3.6

138.3

$292

$201

$215

$231

$239

$254

$163 $185

$348 $351 $365 $364

32.3

47.1

57.9

73.1

80.6

111.9 104.4

95.8

91.9

103.9

130.5

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LTM 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LTM

Note: LTM as of March 31, 2025

Absorptions per Community per Month; includes wholesale closings

26.8% 26.5% 26.4% 25.5% 25.3%

25.5% 26.8% 28.1%

23.0% 24.2% 23.8%

23.7%

28.2% 27.8% 27.8% 26.9% 27.0% 25.8% 27.4% 28.2% 29.2%

24.7%

26.3% 26.0%

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LTM

15.5%

11.2%

12.7% 13.6% 13.6% 13.2% 12.6%

11.1%

11.8%

11.2%

17.8% 18.1%

13.7% 14.1% 14.2%

9.0% 9.0%

10.3%

9.7%

7.4%

8.4%

8.9%

8.5%

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LTM

Note: LTM as of March 31, 2025

Gross Margin is defined as Home Sales Revenues less Cost of Sales

Calculated as a percentage of Home Sales Revenues

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LTM

Adjusted Gross Margin is a non-GAAP measure defined as Gross Margin adjusted for Capitalized Interest and adjustments resulting from the application of purchase accounting included in Cost of Sales. See the Appendix for a reconciliation of Adjusted

Gross Margin to Gross Margin

Beginning in FY 2020, results include the impact of 45L tax credits

Disclaimer

LGI Homes Inc. published this content on May 02, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 02, 2025 at 23:04 UTC.