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MARKETS / NASDAQ / LGN
NASDAQ · CONSTRUCTION - SPECIAL TRADE CONTRACTORS · SMALL CAP

Legence Corp. LGN

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.6B
▲ 21.5% YoY
$-59.8M
$218.9M
▲ 2033.8% YoY
In brief

What this company does

Legence designs, fabricates, and installs heating, ventilation, and air conditioning, process piping, and other mechanical, electrical, and plumbing systems for new facilities, and upgrades HVAC, lighting, and building controls in existing facilities. It is headquartered in San Jose, California, and as of March 24, 2026, had approximately 7,000 full-time employees, 116 physical locations, and operations across 46 U.S. states and the District of Columbia. As of December 31, 2025, it had $3.7 billion of backlog and awarded contracts, an increase of 49% over the same date the prior year. It served approximately 20,000 clients from 2019 through 2025. The company operates through two segments, Engineering & Consulting and Installation & Maintenance.

Written from the business description in Legence Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 30 March 2026. Every sentence was checked against that document before publication.

Growth
USD 2.6B
Revenue, FY2025 · full 3-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.6 · Net income -0.1
1B2B202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−3 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 2.4% · Net -3.0%
1%2%3%-1%-2%-3%202320242025
ROE

Not available in our data for this period.

Each USD of equity lost 15 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 218.9
80M160M202320242025

Total assetsUSD 2.7B
EquityUSD 392.2M
CashUSD 230.2M
Gross debtUSD 812.4M
Net debtUSD 582.2M
Current ratio1.57×

Net debt stands at 148% of equity.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023
Revenue $B2.62.11.6
Operating income $B0.10.10.0
EBITDA $B0.10.10.0
Income tax $B0.00.0−0.0
Net income $B−0.1−0.0−0.0
Free cash flow $B0.20.00.0
EPS, diluted $···
Dividend / sh $···
Payout %···
ROE %−15.2··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 10 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 85 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityConstruction - Special Trade Contractors
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2023

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