Legence Corp. Class A Common stock

Legence Corp. Class A Common stock

LGN · NASDAQ · Industrials / Engineering & Construction

35.00USD-1.27 (-3.50%)

Price History

Full chart

Market Stats

Previous Close36.27
Open36.11
Day Range33.94 – 37.57
52-Week Range23.90 – 107.24
Volume2.39M
Market Cap6.09B
P/E (TTM)0.00
Forward P/E9.05
EPS-0.93
Dividend Yield0.00%
50-Day Avg47.05
200-Day Avg62.84

About

Legence Corp. provides engineering, installation, and maintenance services for mission-critical systems in buildings in the United States. The company operates through two segments, Engineering & Consulting, and Installation & Maintenance. The Engineering & Consulting segment designs HVAC and other MEP systems for buildings, develops strategies to help reduce energy usage and make buildings more sustainable and provides program and project management services for client's installation and retrofit projects. This segment also offers engineering & design and program and project management services. The Installation & Maintenance segment fabricates and installs HVAC systems, process piping and other MEP systems in new and existing industrial, commercial and institutional buildings and provides ongoing preventative and corrective maintenance services, emergency repair, and break-fix services, as well as facility energy analysis, automation, optimization, and system certification and testing. It serves data centers, technology, life sciences, healthcare, education, mixed-use, state and local government, and other markets. The company was founded in 1914 and is based in San Jose, California.

Company Details

  • SectorIndustrials
  • IndustryEngineering & Construction
  • CEOMr. Jeffrey Sprau
  • Employees7.00K
  • Headquarters1601 Las Plumas Avenue, San Jose, CA, United States, 95133, USA
  • Websitehttps://www.wearelegence.com

Leadership

  • Mr. Jeffrey SprauCEO & Director · b. 1966
  • Mr. Stephen M. ButzChief Financial Officer · b. 1972
  • Mr. Stephen HansenChief Operating Officer · b. 1969
  • Mr. Bryce T. Seki J.D.General Counsel & Secretary · b. 1977
  • Mr. Justin SchwartzChief Strategy Officer · b. 1980
  • Mr. Philippe Le BrisChief Accounting Officer
  • Mr. Gregory BarnesChief People & Technology Officer · b. 1980
  • Mr. Son P. Vann C.F.A.Vice President of Finance & Investor Relations

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue1.25B1.62B2.10B2.55B
Growth (%)-+29.57%+29.94%+21.53%
Cost of Revenue1.01B1.30B1.67B2.01B
Gross Profit233.71M315.15M428.64M535.92M
Gross Margin18.75%19.51%20.43%21.01%
Operating Expense257.95M304.89M370.20M442.99M
Operating Income-24.25M10.26M58.44M92.93M
Operating Margin-1.95%0.64%2.78%3.64%
EBITDA69.19M107.05M156.62M160.92M
EBITDA Margin5.55%6.63%7.46%6.31%
Net Income-82.27M-46.03M9.72M-59.78M
Net Income Margin-6.60%-2.85%0.46%-2.34%
Interest Expense50.84M68.20M25.54M101.78M
Interest Expense % of Total Revenue4.08%4.22%1.22%3.99%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets-2.13B2.35B2.68B
Total Liabilities-1.60B2.15B1.89B
Total Equity-522.93M202.68M392.20M
Cash-88.92M81.17M230.17M
Total Debt-1.12B1.70B954.15M
Net Debt-1.03B1.62B723.99M

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow27.00M33.92M29.27M256.87M
Investing Cash Flow-160.38M-133.90M-243.99M-54.05M
Financing Cash Flow173.81M128.47M206.96M-53.83M
Capital Expenditure26.31M17.07M19.01M37.94M
Free Cash Flow684.00K16.84M10.26M218.93M
Dividends Paid268.00K1.53M301.61M0
FCF to OCF2.53%49.66%35.06%85.23%
Dividend Paid to FCF39.18%9.07%2939.71%0.00%

Earnings

Report DateSep 3, 2025Nov 14, 2025Mar 27, 2026May 14, 2026Aug 13, 2026Nov 12, 2026
EPS Estimate-0.080.050.180.260.50
EPS Actual-0.040.160.230.290.17-
Surprise-100.00%369.60%61.11%-34.62%-
Timing-After-hoursPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap6.09B
Enterprise Value3.37B
Trailing P/E0.00
Forward P/E9.05
Price / Sales1.63
Price / Book4.10
EPS-0.93
Book Value7.81
Revenue (TTM)3.75B
Gross Profit (TTM)701.93M
EBITDA257.85M
Profit Margin-1.20%
Operating Margin3.08%
Return on Equity-12.43%
Return on Assets2.34%
Shares Outstanding76.90M
Shares Float57.33M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 17 analystsTarget 94.35
  • Strong Buy
    14
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
111.33%
Insiders
0.25%
Retail / Other
0.00%

Top Institutional Holders

  • Blackstone Inc
    19.48M25.32%
  • BlackRock Inc
    4.52M5.88%
  • Jupiter Topco LLC
    2.88M3.75%
  • Franklin Templeton Inc
    2.87M3.73%
  • Vanguard Portfolio Management, LLC
    2.56M3.33%
  • HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
    2.54M3.30%
  • Vanguard Capital Management, LLC
    2.50M3.25%
  • First Trust Advisors L.P.
    1.88M2.45%
  • Geode Capital Management, LLC
    1.56M2.02%
  • Forest Avenue Capital Management LP
    1.55M2.01%
  • Two Sigma Investments LLC
    1.48M1.92%
  • Westfield Capital Management Company, L.P.
    1.34M1.75%
  • Amvescap Plc.
    1.30M1.69%
  • State Street Corp
    1.30M1.69%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.84M2.39%
  • First Trust RBA Amer Indl RenaisTM ETF
    1.79M2.33%
  • Franklin DynaTech Fund A
    1.50M1.95%
  • iShares Russell 2000 ETF
    1.49M1.93%
  • Vanguard Small Cap Index
    1.30M1.69%
  • Janus Henderson Triton D
    1.18M1.54%