Landsea Homes (LSEA) | Financial Analysis & Statements

Landsea Homes Corporation | Small-cap | Real Estate

$11.31

0.00%

Landsea Homes vs Century Communities Landsea Homes vs Forestar Landsea Homes vs Smith Douglas Homes Landsea Homes vs Five Point Holdings Landsea Homes vs Murano Global Landsea Homes vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.6B

Gross Profit 227.8M 14.69%

Operating Income 27.5M 1.77%

Net Income 18.5M 1.20%

Balance Sheet Metrics

Total Assets 1.7B

Total Liabilities 1.0B

Shareholders Equity 676.1M

Debt to Equity 1.52

Cash Flow Metrics

Operating Cash Flow 25.7M

Free Cash Flow 23.7M

Revenue & Profitability Trend

Landsea Homes Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	1.6B	1.2B	1.4B	1.0B	734.6M
Cost of Goods Sold	1.3B	995.0M	1.2B	840.7M	639.7M
Gross Profit	227.8M	215.0M	286.9M	182.6M	94.9M
Operating Expenses	200.3M	174.7M	178.6M	123.1M	90.7M
Operating Income	27.5M	40.3M	108.3M	59.5M	4.2M
Pre-tax Income	26.7M	44.5M	101.1M	66.7M	-12.2M
Income Tax	8.1M	11.9M	25.4M	14.0M	-3.1M
Net Income	18.5M	32.6M	75.7M	52.7M	-9.1M
EPS (Diluted)	-	$0.75	$1.70	$1.14	-$0.19

Income Statement Trend

Landsea Homes Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	1.4B	1.3B	1.3B	1.2B	816.2M
Non-Current Assets	255.3M	131.8M	119.3M	56.0M	79.6M
Total Assets	1.7B	1.5B	1.4B	1.3B	895.8M
Liabilities
Current Liabilities	404.0M	496.1M	676.3M	525.6M	280.0M
Non-Current Liabilities	621.2M	286.7M	53.8M	118.5M	86.3M
Total Liabilities	1.0B	782.9M	730.2M	644.1M	366.3M
Equity
Total Shareholders Equity	676.1M	688.4M	710.3M	621.4M	529.5M

Balance Sheet Composition

Landsea Homes Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	18.5M	32.6M	75.7M	52.7M	-9.1M
Operating Cash Flow	25.7M	12.5M	-5.5M	36.3M	-18.0M
Investing Activities
Capital Expenditures	-5.9M	-7.5M	-5.5M	-3.2M	-1.8M
Investing Cash Flow	-240.9M	-7.5M	-264.2M	-47.7M	-77.4M
Financing Activities
Dividends Paid	-	-	0	0	0
Financing Cash Flow	143.7M	-23.8M	44.5M	225.4M	68.0M
Free Cash Flow	23.7M	19.7M	10.5M	30.2M	11.8M

Cash Flow Trend

Landsea Homes Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 43.50

Forward P/E 9.05

Price to Book 0.62

Price to Sales 0.26

PEG Ratio 9.05

Profitability Ratios

Profit Margin 0.63%

Operating Margin -1.31%

Return on Equity 1.59%

Return on Assets 1.94%

Financial Health

Current Ratio 5.17

Debt to Equity 112.29

Beta 1.91

Per Share Data

EPS (TTM) $0.26

Book Value per Share $18.14

Revenue per Share $43.20

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
lsea	411.8M	43.50	0.62	1.59%	0.63%	112.29
Century Communities	1.6B	5.49	0.63	12.36%	7.10%	60.40
Forestar	990.6M	5.92	0.60	10.79%	11.44%	53.55
Smith Douglas Homes	946.3M	10.34	2.15	29.73%	1.56%	11.24
Five Point Holdings	805.3M	4.42	0.50	10.92%	37.01%	26.78
Murano Global	769.3M	241.88	0.15	-54.72%	72.76%	222.32

Financial data is updated regularly. All figures are in the company's reporting currency.