LGNLegence Corp.
Construction - Special Trade Contractors
- Revenue
- $2.6B
- 22% YoY
- Operating margin
- 2.4%
- 28% YoY
- EBITDA
- $162M
- 3.3% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.4×
- $716M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear22% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|
| Revenue | $1.6B | $2.1B | $2.6B | 22% |
| Operating income | $10M | $70M | $62M | 12% |
| Net income | −$46M | −$29M | −$60M | 109% |
| Operating cash flow | $34M | $29M | $257M | 778% |
| Capex | $17M | $19M | $38M | 100% |
| Stock-based comp | $10M | $5M | $68M | 1148% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $285K · 2
- Net
- −$285K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $8M | $12M | 141 | 107 |