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Legence Corp.NasdaqGS:LGN Stock Report

Market Cap US$9.0b
Share Price
US$83.69
US$100.12
16.4% undervalued intrinsic discount
1Yn/a
7D-0.06%
1D
Portfolio Value
View

Legence Corp.

NasdaqGS:LGN Stock Report

Market Cap: US$9.0b

Legence (LGN) Stock Overview

Provides engineering, installation, and maintenance services for mission-critical systems in buildings in the United States. More details

LGN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance2/6
Financial Health3/6
Dividends0/6

LGN Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

Legence Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Legence
Historical stock prices
Current Share PriceUS$83.69
52 Week HighUS$107.24
52 Week LowUS$26.96
Beta0
1 Month Change-16.22%
3 Month Change65.92%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO174.39%

Recent News & Updates

Seeking Alpha 11h

Legence: A Home Run

Summary Legence has delivered >50% organic growth and strong M&A-driven expansion, fueling a rapid share price ascent since its IPO. Despite 105% sales growth and a doubling backlog, margin accretion has lagged, with gross margins at 18% and adjusted EBITDA margins at 11.4%. Legence trades at over 20x EBITDA and 2.5x sales, with current multiples reflecting high expectations for further margin gains and sustained growth. I remain impressed by Legence's growth and M&A, but exercise caution at ~$90/share due to demanding valuation and momentum-driven price action. Read the full article on Seeking Alpha
New Narrative Jun 02

Modular Fabrication And Data Center Demand Will Drive Balanced But Limited Upside Potential

Catalysts About Legence Legence provides engineering, installation, maintenance and fabrication services for mission critical building systems across sectors such as data centers, technology, healthcare, education and government. What are the underlying business or industry changes driving this perspective?
Analysis Article May 21

We Think Legence's (NASDAQ:LGN) Profit Is Only A Baseline For What They Can Achieve

Even though Legence Corp. ( NASDAQ:LGN ) posted strong earnings, investors appeared to be underwhelmed. We did some...
New Narrative May 19

Data Center Backlog And Modular Capacity Will Support Durable Multi Sector Demand

Catalysts About Legence Legence provides engineering, installation, fabrication, and maintenance services for mission critical building systems across sectors such as data centers, technology, healthcare, life sciences, education, and government. What are the underlying business or industry changes driving this perspective?

Recent updates

Seeking Alpha 11h

Legence: A Home Run

Summary Legence has delivered >50% organic growth and strong M&A-driven expansion, fueling a rapid share price ascent since its IPO. Despite 105% sales growth and a doubling backlog, margin accretion has lagged, with gross margins at 18% and adjusted EBITDA margins at 11.4%. Legence trades at over 20x EBITDA and 2.5x sales, with current multiples reflecting high expectations for further margin gains and sustained growth. I remain impressed by Legence's growth and M&A, but exercise caution at ~$90/share due to demanding valuation and momentum-driven price action. Read the full article on Seeking Alpha
New Narrative Jun 02

Modular Fabrication And Data Center Demand Will Drive Balanced But Limited Upside Potential

Catalysts About Legence Legence provides engineering, installation, maintenance and fabrication services for mission critical building systems across sectors such as data centers, technology, healthcare, education and government. What are the underlying business or industry changes driving this perspective?
Analysis Article May 21

We Think Legence's (NASDAQ:LGN) Profit Is Only A Baseline For What They Can Achieve

Even though Legence Corp. ( NASDAQ:LGN ) posted strong earnings, investors appeared to be underwhelmed. We did some...
New Narrative May 19

Data Center Backlog And Modular Capacity Will Support Durable Multi Sector Demand

Catalysts About Legence Legence provides engineering, installation, fabrication, and maintenance services for mission critical building systems across sectors such as data centers, technology, healthcare, life sciences, education, and government. What are the underlying business or industry changes driving this perspective?

Shareholder Returns

LGNUS ConstructionUS Market
7D-0.06%-0.7%-2.8%
1Yn/a90.7%22.8%

Return vs Industry: Insufficient data to determine how LGN performed against the US Construction industry.

Return vs Market: Insufficient data to determine how LGN performed against the US Market.

Price Volatility

Is LGN's price volatile compared to industry and market?
LGN volatility
LGN Average Weekly Movement8.5%
Construction Industry Average Movement8.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: LGN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: LGN's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19147,000Jeff Sprauwww.wearelegence.com

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.

Legence Corp. Fundamentals Summary

How do Legence's earnings and revenue compare to its market cap?
LGN fundamental statistics
Market capUS$9.04b
Earnings (TTM)US$3.51m
Revenue (TTM)US$3.08b
1,832x
P/E Ratio
2.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LGN income statement (TTM)
RevenueUS$3.08b
Cost of RevenueUS$2.47b
Gross ProfitUS$610.38m
Other ExpensesUS$606.86m
EarningsUS$3.51m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.046
Gross Margin19.80%
Net Profit Margin0.11%
Debt/Equity Ratio106.7%

How did LGN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/07 17:26
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Legence Corp. is covered by 17 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam SeidenBarclays
Charles Albert DillardBernstein
Devin DodgeBMO Capital Markets Equity Research