Legence (LGN) Financials: Revenue & Earnings
$5.37B
Market Cap
-56.47
P/E
29.14
Forward P/E
61
Score
LGN price $38.84 +0.78 +2.04%
Stocklytics score rationale: value 52, quality 32, growth 100.
| 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|
| 1246501000 | 1615062000 | 2098602000 | 2550491000 |
Legence Corp., a company established in 1914 and based in San Jose, California, specializes in providing engineering, installation, and maintenance services for essential building systems throughout the United States. Its operations are structured into two key divisions: Engineering & Consulting, and Installation & Maintenance. The Engineering & Consulting segment focuses on designing HVAC and other mechanical…
LGN fair value $47.90. Price $38.84. Price is 19% below fair value.
Above fair value, but less expensive than usual. A smaller premium than on 93% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 323.18M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 2.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 76.90M. Net debt 723.99M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-13 | — | 0.57 | — | 1.26B |
| 2026-08-13 | -0.37 | 0.37 | 1.26B | 1.07B |
| 2026-05-14 | 0.24 | 0.21 | 1.04B | 931.08M |
| 2026-03-27 | -0.01 | -0.03 | 737.64M | 619.05M |
| 2025-11-14 | -0.02 | 0.08 | 708.01M | 638.91M |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-18 | Le Bris Philippe | Sell | 1.06K | $55.01 | 58.20K |
| 2026-09-15 | Butz Stephen M | Sell | 2.34K | $53.03 | 124.25K |
| 2026-09-15 | Le Bris Philippe | Buy | 4.20K | $28.00 | 117.49K |
| 2026-09-15 | Le Bris Philippe | Sell | 4.20K | $28.00 | 117.49K |
| 2026-09-15 | Le Bris Philippe | Sell | 4.20K | $54.06 | 226.84K |
| 2026-09-15 | Le Bris Philippe | Sell | 341 | $53.03 | 18.08K |
| 2026-09-15 | Seki Bryce | Sell | 653 | $53.03 | 34.63K |
| 2026-09-15 | Sprau Jeffrey | Sell | 9.79K | $53.03 | 519.27K |
| 2026-09-15 | Hansen Stephen Dale | Sell | 1.67K | $53.03 | 88.61K |
| 2026-09-15 | Barnes Gregory | Sell | 653 | $53.03 | 34.63K |
| 2026-09-15 | Schwartz Justin | Sell | 768 | $53.03 | 40.73K |
| 2026-08-18 | Crisci Robert | Buy | 2.26K | — | — |
| 2026-08-18 | Crisci Robert | Other | 0 | — | — |
| 2026-06-11 | Keenen Terrence | Buy | 1.68K | — | — |
| 2026-06-11 | Coghlan David Joseph | Buy | 1.68K | — | — |
| 2026-06-11 | Kelly Christie B. | Buy | 1.68K | — | — |
| 2026-04-09 | Blackstone EMA III L.L.C. | Sell | 9.53M | $54.00 | 514.55M |
| 2026-04-09 | Blackstone EMA III L.L.C. | Sell | 9.53M | $54.00 | 514.55M |
| 2026-04-09 | Blackstone EMA III L.L.C. | Sell | 5.87M | $54.00 | 316.73M |
| 2026-04-09 | Blackstone EMA III L.L.C. | Buy | 9.53M | $54.00 | 514.55M |
| 2026-04-09 | Blackstone EMA III L.L.C. | Sell | 9.53M | $54.00 | 514.55M |
| 2026-04-09 | Legence Parent ML LLC | Sell | 9.53M | $54.00 | 514.55M |
| 2026-04-09 | Legence Parent ML LLC | Sell | 9.53M | $54.00 | 514.55M |
| 2026-04-09 | Legence Parent ML LLC | Sell | 5.87M | $54.00 | 316.73M |
| 2026-04-09 | Legence Parent ML LLC | Buy | 9.53M | $54.00 | 514.55M |
| 2026-04-09 | Legence Parent ML LLC | Sell | 9.53M | $54.00 | 514.55M |
| 2026-03-16 | Sprau Jeffrey | Buy | 34.17K | — | — |
| 2026-03-16 | Sprau Jeffrey | Buy | 63.18K | $50.90 | 3.22M |
| 2026-03-16 | Barnes Gregory | Buy | 4.39K | — | — |
| 2026-03-16 | Barnes Gregory | Buy | 8.12K | $50.90 | 413.46K |
| 2026-03-16 | Seki Bryce | Buy | 4.39K | — | — |
| 2026-03-16 | Seki Bryce | Buy | 8.12K | $50.90 | 413.46K |
| 2026-03-16 | Le Bris Philippe | Buy | 1.95K | — | — |
| 2026-03-16 | Le Bris Philippe | Buy | 3.61K | $50.90 | 183.75K |
| 2026-03-16 | Hansen Stephen Dale | Buy | 8.30K | — | — |
| 2026-03-16 | Hansen Stephen Dale | Buy | 15.34K | $50.90 | 780.96K |
| 2026-03-16 | Butz Stephen M | Buy | 9.76K | — | — |
| 2026-03-16 | Butz Stephen M | Buy | 18.05K | $50.90 | 918.80K |
| 2026-03-16 | Schwartz Justin | Buy | 3.90K | — | — |
| 2026-03-16 | Schwartz Justin | Buy | 7.22K | $50.90 | 367.50K |
| 2026-01-08 | Blackstone EMA III L.L.C. | Sell | 780.12K | — | — |
| 2026-01-08 | Blackstone EMA III L.L.C. | Sell | 780.12K | — | — |
| 2026-01-08 | Blackstone EMA III L.L.C. | Sell | 480.20K | $45.00 | 21.61M |
| 2026-01-08 | Blackstone EMA III L.L.C. | Buy | 780.12K | — | — |
| 2026-01-08 | Blackstone EMA III L.L.C. | Sell | 780.12K | $45.00 | 35.11M |
| 2026-01-08 | Legence Parent ML LLC | Sell | 780.12K | — | — |
| 2026-01-08 | Legence Parent ML LLC | Sell | 780.12K | — | — |
| 2026-01-08 | Legence Parent ML LLC | Sell | 480.20K | $45.00 | 21.61M |
| 2026-01-08 | Legence Parent ML LLC | Buy | 780.12K | — | — |
| 2026-01-08 | Legence Parent ML LLC | Sell | 780.12K | $45.00 | 35.11M |
| 2025-12-16 | Legence Parent ML LLC | Sell | 5.20M | — | — |
| 2025-12-16 | Legence Parent ML LLC | Sell | 5.20M | — | — |
| 2025-12-16 | Legence Parent ML LLC | Sell | 3.20M | $45.00 | 144.06M |
| 2025-12-16 | Legence Parent ML LLC | Buy | 5.20M | — | — |
| 2025-12-16 | Legence Parent ML LLC | Sell | 5.20M | $45.00 | 234.04M |
| 2025-12-16 | Blackstone EMA III L.L.C. | Sell | 5.20M | — | — |
| 2025-12-16 | Blackstone EMA III L.L.C. | Sell | 5.20M | — | — |
| 2025-12-16 | Blackstone EMA III L.L.C. | Sell | 3.20M | $45.00 | 144.06M |
| 2025-12-16 | Blackstone EMA III L.L.C. | Buy | 5.20M | — | — |
| 2025-12-16 | Blackstone EMA III L.L.C. | Sell | 5.20M | $45.00 | 234.04M |
| 2025-12-03 | Coghlan David Joseph | Other | 0 | — | — |
| 2025-12-02 | Schwartz Justin | Other | 0 | — | — |
| 2025-12-02 | Schwartz Justin | Other | 21.43K | $28.00 | 600.01K |
| 2025-12-02 | Hansen Stephen Dale | Other | 0 | — | — |
| 2025-12-02 | Hansen Stephen Dale | Other | 0 | — | — |
| 2025-12-02 | Hansen Stephen Dale | Other | 45.54K | $28.00 | 1.28M |
| 2025-09-15 | Seki Bryce | Buy | 8.04K | — | — |
| 2025-09-15 | Le Bris Philippe | Buy | 4.20K | — | — |
| 2025-09-15 | Barnes Gregory | Buy | 8.04K | — | — |
| 2025-09-15 | Keenen Terrence | Buy | 5.36K | — | — |
| 2025-09-15 | Keenen Terrence | Buy | 8.93K | $28.00 | 249.98K |
| 2025-09-15 | Sprau Jeffrey | Buy | 62.50K | — | — |
| 2025-09-15 | Kelly Christie B. | Buy | 5.36K | — | — |
| 2025-09-15 | Butz Stephen M | Buy | 17.86K | — | — |
| 2025-09-11 | Kelly Christie B. | Other | 0 | — | — |
| 2025-09-11 | Le Bris Philippe | Other | 12.59K | $28.00 | 352.49K |
| 2025-09-11 | Seki Bryce | Other | 24.11K | $28.00 | 675.00K |
| 2025-09-11 | Barnes Gregory | Other | 24.11K | $28.00 | 675.00K |
| 2025-09-11 | Butz Stephen M | Other | 53.57K | $28.00 | 1.50M |
| 2025-09-11 | Sprau Jeffrey | Other | 187.50K | $28.00 | 5.25M |
| 2025-09-11 | Keenen Terrence | Other | 0 | — | — |
| 2025-09-11 | Nimocks Robert Mitchell | Other | 0 | — | — |
| 2025-09-11 | Khan Bilal | Other | 0 | — | — |
| 2025-09-11 | LEGENCE PARENT LLC | Other | 0 | — | — |
| 2025-09-11 | LEGENCE PARENT LLC | Other | 0 | — | — |
| 2025-09-11 | LEGENCE PARENT LLC | Other | 0 | — | — |
| 2025-09-11 | LEGENCE PARENT LLC | Other | 46.68M | — | — |
| 2025-09-11 | Blackstone Holdings II L.P. | Other | 0 | — | — |
| 2025-09-11 | Blackstone Holdings II L.P. | Other | 0 | — | — |
| 2025-09-11 | Blackstone Holdings II L.P. | Other | 0 | — | — |
| 2025-09-11 | Blackstone Holdings II L.P. | Other | 46.68M | — | — |
| 2010-04-19 | MACLENNAN JAMES A | Sell | 81.40K | $2.50 | 203.50K |
| 2010-04-19 | LIEBLONG ALEX R | Sell | 3.00M | $2.50 | 7.51M |
| 2010-04-19 | LIEBLONG ALEX R | Sell | 8.50K | $2.50 | 21.25K |
| 2010-04-19 | KEY COLONY FUND LP | Sell | 3.00M | $2.50 | 7.51M |
| 2010-04-19 | KEY COLONY FUND LP | Sell | 8.50K | $2.50 | 21.25K |
| 2010-04-19 | ALLISON JOHN W | Sell | 68.10K | $2.50 | 170.25K |
| 2010-01-26 | MACLENNAN JAMES A | Sell | 1.29K | $2.50 | 3.22K |
| 2010-01-22 | MACLENNAN JAMES A | Sell | 1.93K | $2.47 | 4.77K |
| 2009-03-02 | MACLENNAN JAMES A | Sell | 4.23K | $1.72 | 7.27K |
Latest filed quarter: Q2 2026.
Institutions holding: 276, holders +76 vs prior quarter. Ownership 119.89%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKSTONE INC. | 19.48M | -5.87M | -23.15% | 1.66B |
| BLACKROCK, INC. | 4.52M | 1.88M | +70.87% | 385.51M |
| JUPITER TOPCO LLC | 2.88M | 2.88M | New | 245.63M |
| FRANKLIN TEMPLETON INC | 2.87M | 558.17K | +24.14% | 244.65M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.56M | 1.10M | +74.85% | 218.60M |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 2.54M | 1.88M | +287.78% | 216.48M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.50M | 981.17K | +64.78% | 212.72M |
| FIRST TRUST ADVISORS LP | 1.88M | 1.74M | +1185.49% | 160.35M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.56M | 659.54K | +73.61% | 132.60M |
| FOREST AVENUE CAPITAL MANAGEMENT LP | 1.55M | 1.55M | New | 131.81M |
| TWO SIGMA INVESTMENTS, LP | 1.48M | 1.41M | +2074.43% | 125.98M |
| WESTFIELD CAPITAL MANAGEMENT CO LP | 1.34M | -519.69K | -27.92% | 114.38M |
| INVESCO LTD. | 1.30M | 1.30M | New | 110.83M |
| STATE STREET CORP | 1.30M | 474.48K | +57.72% | 110.47M |
| RENAISSANCE TECHNOLOGIES LLC | 1.18M | 600.70K | +103.62% | 100.61M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 1.05M | -911.40K | -46.56% | 89.14M |
| FMR LLC | 974.79K | -1.98M | -67.05% | 83.08M |
| GOLDMAN SACHS GROUP INC | 914.81K | 794.01K | +657.25% | 77.97M |
| BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. | 864.10K | -350.73K | -28.87% | 73.65M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 859.91K | 75.25K | +9.59% | 73.28M |
| MEREWETHER INVESTMENT MANAGEMENT, LP | 852.66K | 126.32K | +17.39% | 72.67M |
| UBS GROUP AG | 787.49K | 481.79K | +157.60% | 67.12M |
| MUNRO PARTNERS | 779.62K | 31.79K | +4.25% | 66.45M |
| BANK OF AMERICA CORP /DE/ | 777.55K | 97.33K | +14.31% | 66.27M |
| LOOMIS SAYLES & CO L P | 732.15K | -168.50K | -18.71% | 62.40M |
Legence Corp. Class A Common stock (LGN) trades at $38.84, with a market cap of $5.37B and a trailing P/E of -56.47. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|
| 1246501000 | 1615062000 | 2098602000 | 2550491000 |
Insights · Dividends · Forecast · Financials · Learn
$5.37B
Market Cap
-56.47
P/E
29.14
Forward P/E
61
Score