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LEGH on Nasdaq

Legacy Housing Corp

Legacy Housing Corp is an American mobile homes company based in Fort Worth, incorporated in Texas.2 Its shares trade on Nasdaq under the symbol LEGH.2

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Last updated Oct 21, 2026.

Overview

Compare with NOBILITY HOMES INC, CAVCO INDUSTRIES, INC. or Champion Homes, Inc., or pick any stock.

  • TickerLEGH on Nasdaq2
  • IndustryMobile Homes2
  • HeadquartersFort Worth, United States2
  • Incorporated inTX3
  • Business address1600 Airport Freeway, #100, Bedford, Tx 760223
  • Filer categoryAccelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEIV6WE5M18QYITU8L1QF762
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O NATIONAL REGISTERED AGENTS, INC., 19801 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 66834052

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In this Form 10-K, unless otherwise indicated or the context otherwise requires, “Legacy,” “the Company,” “we,” “us” or “our” refer to Legacy Housing Corporation, a Texas corporation.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

41.4%Operating margin5
35.8%Net margin5
-9.6%Revenue growth, 20255
7.9%Return on equity5
$28.2MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Commercial Sales brought in 33% of the revenue Legacy Housing Corp broke down this way in fiscal 2025.

  1. Commercial Sales$38.4M533%down 30% from 2024
  2. Inventory Finance Sales$37.2M532%up 1% from 2024
  3. Retail Store Sales$22.6M519%up 13% from 2024
  4. Direct Sales$11.4M510%up 25% from 2024
  5. Product and Service, Other$7.3M56%down 12% from 2024
Products and services by year
Products and services20242025
Commercial Sales$55.1M$38.4M
Inventory Finance Sales$36.7M$37.2M
Retail Store Sales$20.0M$22.6M
Direct Sales$9.2M$11.4M
Product and Service, Other$8.3M$7.3M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue51¢$84.8M
  • Selling, general and admin18¢$29.6M
  • Income tax6¢$9.8M
  • Profit25¢$41.8M

Out of $116.9M in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending24¢$9.0M
  • Share buybacks20¢$7.6M
  • Kept or used elsewhere55¢$20.6M

Out of $37.2M of cash from operations.56

Financial statements

Revenue78910115$116.9M in 2025−18% since 2019
0$100.0M$200.0M$300.0M2019: $143.2M$143.2M20192020: $147.5M$147.5M2020+3%2021: $166.0M$166.0M2021+13%2022: $222.1M$222.1M2022+34%2023: $145.1M$145.1M2023−35%2024: $129.3M$129.3M2024−11%2025: $116.9M$116.9M2025−10%
Operating income78910115$48.4M in 2025+28% since 2019
0$20.0M$40.0M$60.0M$80.0M2019: $37.8M$37.8M20192020: $47.6M$47.6M2020+26%2021: $58.9M$58.9M2021+24%2022: $78.0M$78.0M2022+32%2023: $64.6M$64.6M2023−17%2024: $63.6M$63.6M2024−2%2025: $48.4M$48.4M2025−24%
Net income78910115$41.8M in 2025+45% since 2019
0$20.0M$40.0M$60.0M$80.0M2019: $28.8M$28.8M20192020: $38.0M$38.0M2020+32%2021: $49.9M$49.9M2021+31%2022: $67.8M$67.8M2022+36%2023: $54.5M$54.5M2023−20%2024: $61.6M$61.6M2024+13%2025: $41.8M$41.8M2025−32%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Product sales$116.9M$129.3M
Consumer, MHP and dealer loans interest$43.7M$41.2M
Other revenue$4.0M$13.7M
Total net revenue$164.6M$184.2M
Cost of product sales$84.8M$90.1M
Cost of other sales$1.7M$8.2M
Selling, general and administrative expenses$29.6M$22.3M
Total operating expenses$116.2M$120.6M
Income from operations$48.4M$63.6M
Non-operating interest income$1.4M$2.6M
Miscellaneous, net$1.8M$10.5M
Interest expense-$28.0K-$689.0K
Total other income$3.2M$12.4M
Income before income tax expense$51.6M$76.0M
Income tax expense-$9.8M-$14.4M
Net income$41.8M$61.6M
Basic (in shares)24.0M shares24.2M shares
Diluted (in shares)24.0M shares24.9M shares
Basic (in dollars per share)$1.74$2.55
Diluted (in dollars per share)$1.74$2.48

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Corporate structure

Legacy Housing Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Legacy Housing Corp

  • American Endowment Foundation Filed SCHEDULE 13G on Legacy Housing Corp, latest Feb 12, 2025
  • Douglas M. Shipley Filed SCHEDULE 13G/A on Legacy Housing Corp, latest Feb 5, 2025 (5 filings since Jul 21, 2022)
  • Hodgson Curtis Drew Filed SCHEDULE 13G/A on Legacy Housing Corp, latest Feb 5, 2025 (7 filings since Jul 21, 2022)
  • Kenneth E. Shipley Filed SCHEDULE 13G/A on Legacy Housing Corp, latest Feb 5, 2025 (6 filings since Jul 21, 2022)
  • William G. Shipley Filed SCHEDULE 13G/A on Legacy Housing Corp, latest Feb 5, 2025 (6 filings since Jul 21, 2022)
  • Dechomai Asset Trust Filed SC 13G/A on Legacy Housing Corp, latest Jan 19, 2024
  • Legacy Housing Corp Fort Worth, Texas, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Legacy Housing Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$73.3M5 Dec 31, 2025$59.2M5 Dec 31, 2024+23.9%
Accumulated depreciation$12.8M5 Dec 31, 2025$11.6M5 Dec 31, 2024+10.5%
Property and equipment, net$60.5M5 Dec 31, 2025$47.6M5 Dec 31, 2024+27.1%
Operating-lease assets (leased space)$1.3M5 Dec 31, 2025$1.3M5 Dec 31, 2024−0.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$8.5M5 Dec 31, 2025$1.1M5 Dec 31, 2024+637.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.5M5 Dec 31, 2025
Finite-lived intangibles, net$5.2M5 Dec 31, 2025

Inventory

ItemLatestA year beforeChange
Inventory, total$39.9M5 Dec 31, 2025$37.5M5 Dec 31, 2024+6.2%
Raw materials$12.6M5 Dec 31, 2025$13.2M5 Dec 31, 2024−4.4%
Work in process$494.0K5 Dec 31, 2025$478.0K5 Dec 31, 2024+3.3%
Finished goods$26.8M5 Dec 31, 2025$23.9M5 Dec 31, 2024+12.0%

Properties, in its own words

Facilities

The following table sets forth certain information with respect to the facilities where our company operates:

The rest of Item 2

Year · Owned / · Square

Location · Opened · Leased · Feet

Manufacturing/Warehouse Facilities

Commerce, TX · 2007 · Owned · 129,600

Eatonton, GA · 2016 · Owned · 388,000

Fort Worth, TX · 2005 · Owned · 96,880

Retail Locations

Albany, GA · 2018 · Leased · 1,536

Asheboro, NC · 2017 · Leased · 1,472

Athens, GA · 2016 · Leased · 2,016

Augusta, GA · 2018 · Leased · 3,136

Canton, TX · 2018 · Leased · 2,362

Gainesville, TX · 2017 · Owned · 2,240

Greenville, TX · 2016 · Owned · 1,256

Houston, TX · 2025 · Owned · 6,627

Jennings, LA · 2017 · Owned · 2,432

Marble Falls, TX · 2024 · Owned · 1,718

Minden, LA · 2017 · Leased · 2,369

Mt. Pleasant, TX · 2016 · Leased · 1,792

Oklahoma City, OK · 2016 · Owned · 2,100

Sapulpa, OK · 2020 · Leased · 1,960

Corporate/Regional Headquarters

Bedford, TX · 2018 · Leased · 8,020

Norcross, GA · 2018 · Leased · 3,358

We own the manufacturing facilities and the land on which the facilities are located in Fort Worth, Texas, and Commerce, Texas, and Eatonton, Georgia. We believe that these facilities are adequately maintained and suitable for the purposes for which they are used.

We currently operate 14 retail locations. Each retail location sits on approximately five to seven acres of land. We lease 8 of the 14 retail locations we operate in the business, pursuant to leases expire between 2026 and 2031. Effective November 1, 2025, the company acquired a new retail location at 1160 Aldine Bender and 1129 Ralphcrest Drive in Houston, Texas as part of the AmeriCasa acquisition. Total rent expense for the years ended December 31, 2025 and 2024 was $552,000 and $631,000, respectively.

Item 2 of the 10-K filed Mar 12, 2026.4

Leadership

Who has led Legacy Housing Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Curtis Drew Hodgson2018–2019
  2. Kenneth E. Shipley2018–2023

Chief financial officer

  1. Ronald Carter Arrington2022–2023
  2. Jeffrey Mark Fiedelman2023
  3. Jon Langbert2026–now
20202025
Board members and other officers (12)

Former names

  • Legacy Housing, LTD.Feb 3, 2009 to Nov 9, 20183

Timeline

  1. Aug 18, 20268-K Executive or director change28
  2. Aug 14, 20268-K Other events29
  3. Jul 22, 20268-K Executive or director change30
  4. May 8, 20268-K Results of operations31
  5. Dec 19, 20258-K Shareholder vote32
  6. Dec 19, 20258-K Executive or director change33
  7. Nov 7, 20258-K Results of operations34
  8. Nov 3, 20258-K Bylaws or fiscal year changed; Other events35
  9. Oct 10, 20258-K Other events36
  10. Oct 9, 20258-K Executive or director change37
  11. Oct 2, 20258-K Executive or director change38
  12. Dec 9, 20248-K Shareholder vote39
  13. Dec 13, 2018New chief executive Kenneth E. Shipley becomes CEO14
  14. Dec 13, 2018New chief executive Curtis Drew Hodgson becomes CEO13
  15. Jan 1, 2018Founded Legacy Housing Corp is founded2

Calendar

Coming up

  1. Nov 6, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.35 a share, on Nov 7, 2025.40

When it reported results

  1. May 8, 2026Reported quarterly or annual results31
  2. Nov 7, 2025Reported quarterly or annual results34
  3. Nov 14, 2024Reported quarterly or annual results41
  4. Aug 13, 2024Reported quarterly or annual results42
  5. May 14, 2024Reported quarterly or annual results43
  6. Aug 11, 2023Reported quarterly or annual results44
  7. May 11, 2023Reported quarterly or annual results45
  8. Mar 20, 2023Reported quarterly or annual results46

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

354 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 49 major events, 213 insider forms, 26 large holders, 45 other. The latest 20:

  1. Sep 18, 2026ARS EDGAR
  2. Sep 18, 2026DEF 14A EDGAR
  3. Aug 26, 20264 OWNERSHIP DOCUMENT EDGAR
  4. Aug 26, 20264 OWNERSHIP DOCUMENT EDGAR
  5. Aug 26, 20264 OWNERSHIP DOCUMENT EDGAR
  6. Aug 18, 20268-K EDGAR
  7. Aug 14, 20268-K EDGAR
  8. Aug 5, 202610-Q EDGAR
  9. Jul 22, 20268-K EDGAR
  10. May 8, 20268-K EDGAR
  11. May 7, 202610-Q EDGAR
  12. Mar 12, 202610-K EDGAR
  13. Mar 10, 20264 OWNERSHIP DOCUMENT EDGAR
  14. Feb 23, 20263 OWNERSHIP DOCUMENT EDGAR
  15. Dec 19, 20258-K EDGAR
  16. Dec 19, 20258-K EDGAR
  17. Nov 12, 2025ARS EDGAR
  18. Nov 12, 2025DEF 14A EDGAR
  19. Nov 7, 20258-K EDGAR
  20. Nov 7, 202510-Q EDGAR

The 354 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

253 open-market trades by officers, directors and large owners since October 2021: 6 buys and 247 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 6, 2025Hodgson Curtis DrewDirectorSale10,468$23.65$247.6KForm 4
Dec 31, 2024Hodgson Curtis DrewDirectorSale8,116$24.62$199.8KForm 4
Dec 30, 2024Hodgson Curtis DrewDirectorSale9,184$24.53$225.3KForm 4
Dec 23, 2024Hodgson Curtis DrewDirectorSale17,300$24.49$423.7KForm 4
Dec 16, 2024Hodgson Curtis DrewDirectorSale17,300$25.20$436.0KForm 4
Dec 9, 2024Hodgson Curtis DrewDirectorSale17,300$25.42$439.8KForm 4
Dec 2, 2024Hodgson Curtis DrewDirectorSale17,300$25.96$449.1KForm 4
Nov 25, 2024Hodgson Curtis DrewDirectorSale17,300$26.53$459.0KForm 4
Nov 21, 2024Hodgson Curtis DrewDirectorSale6,000$25.60$153.6KForm 4
Nov 18, 2024Hodgson Curtis DrewDirectorSale11,300$25.64$289.7KForm 4
Nov 13, 2024Hodgson Curtis DrewDirectorSale500$27.31$13.7KForm 4
Nov 12, 2024Hodgson Curtis DrewDirectorSale151$27.31$4.1KForm 4
Nov 11, 2024Hodgson Curtis DrewDirectorSale16,268$27.52$447.7KForm 4
Nov 5, 2024Hodgson Curtis DrewDirectorSale9,600$25.51$244.9KForm 4
Nov 4, 2024Hodgson Curtis DrewDirectorSale7,700$25.57$196.9KForm 4
Oct 28, 2024Hodgson Curtis DrewDirectorSale17,300$25.20$436.0KForm 4
Oct 21, 2024Hodgson Curtis DrewDirectorSale1,300$27.02$35.1KForm 4
Oct 14, 2024Hodgson Curtis DrewDirectorSale17,300$26.42$457.1KForm 4
Oct 11, 2024Hodgson Curtis DrewDirectorSale9,180$26.27$241.2KForm 4
Oct 9, 2024Hodgson Curtis DrewDirectorSale5,288$26.29$139.0KForm 4

All 253 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025R. Duncan BatesFormer President and Chief Executive Officer $284.7K$354.7K53
2025Jeffrey M. FiedelmanFormer Chief Financial Officer $255.3K53
2025Jon A. LangbertChief Financial Officer 61$184.1K53
2025Ronald C. ArringtonFormer Interim Chief Financial Officer $124.9K53
2025Curtis D. HodgsonExecutive Chairman of the Board $50.0K53
2025Kenneth E. ShipleyChief Executive Officer and Director 67$50.0K53
2024R. Duncan BatesFormer President and Chief Executive Officer $300.0K$330.0K53
2024Jeffrey M. FiedelmanFormer Chief Financial Officer $276.1K$303.6K53
2024Curtis D. HodgsonExecutive Chairman of the Board $119.4K53
2024Kenneth E. ShipleyChief Executive Officer and Director 67$50.0K53

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Dimensional Fund Advisors LP1,010,372$26.5M0.0%+54,601
Advisory Research Inc920,286$24.2M2.4%−5,033
Yacktman Asset Management LP754,009$19.8M0.2%+48,334
BlackRock, Inc.636,227$16.7M0.0%+43,481
Voss Capital, LP597,117$15.7M0.8%−2,883
Ameriprise Financial Inc489,658$12.9M0.0%+54,887
Philadelphia Financial Management of San Francisco, LLC454,425$11.9M3.3%+39,262
Punch & Associates Investment Management, Inc.427,665$11.2M0.6%No change
Vanguard Capital Management LLC372,340$9.8M0.0%+2,726
Royce & Associates LP338,012$8.9M0.1%+9,712
Geode Capital Management, LLC249,177$6.5M0.0%+16,589
State Street Corp217,802$5.7M0.0%+15,946
Gabelli Funds LLC185,640$4.9M0.0%+26,200
Bard Associates Inc179,679$4.7M1.0%−631
Hotchkis & Wiley Capital Management LLC152,550$4.0M0.0%+13,100
Russell Investments Group, Ltd.131,002$3.4M0.0%−13,605
Goldman Sachs Group Inc112,532$3.0M0.0%+52,248
Bastion Asset Management Inc.116,246$2.9M1.0%New
Crown Wealth Group, LLC108,000$2.8M0.7%−24,000
Villanova Investment Management Co LLC102,833$2.7M2.6%−330
Vanguard Portfolio Management LLC101,619$2.7M0.0%+5,662
North Star Investment Management Corp.95,000$2.5M0.1%No change
Two Sigma Investments, LP90,523$2.4M0.0%+5,742
Creative Planning88,728$2.3M0.0%+38,980
Royal Bank Of Canada85,571$2.2M0.0%+623

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Legacy Housing Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLegacy Housing Corp1
  • CIK0001436208
  • Employer ID (EIN)20-28975164
  • Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inTexas4
  • Fiscal year endsDecember 311
  • Industry code (SIC)2451 Mobile Homes1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address1600 Airport Freeway, #100, Bedford, TX 760221
  • Phone(817) 799-48311
  • Shares outstanding23,781,601 as of Aug 5, 20266
  • Public float$247.3M as of Jun 30, 20254
  • AuditorFrazier & Deeter, LLC, Tampa, Florida PCAOB ID 215; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceFeb 3, 20091
  • Filings572 in all: 4 (313), 8-K (75), 144 (34), 10-Q (23), 3 (19), SC 13G/A (18), CORRESP (9), 10-K (8)1
    All 41 form types

    DEF 14A (8), UPLOAD (7), DFAN14A (6), SC 13G (5), 4/A (4), SCHEDULE 13G/A (4), DRSLTR (3), NT 10-K (3), S-1/A (3), SC 13D/A (3), 5 (2), ARS (2), DRS/A (2), PRRN14A (2), 10-K/A (1), 10-Q/A (1), 144/A (1), 3/A (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DEFC14A (1), DRS (1), EFFECT (1), NT 10-Q (1), PRE 14A (1), PREC14A (1), S-1 (1), S-1MEF (1), S-8 (1), SC 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 12, 2026
    Quarterly report (10-Q) Aug 5, 2026
    Proxy statement (DEF 14A) Sep 18, 2026
    Latest 8-K (8-K) Aug 18, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock ($0.001 par value)LEGHNasdaq

From the cover page of the 10-K filed Mar 12, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

Legal proceedings

We are party to certain legal proceedings that have arisen in the ordinary course of our business and are incidental to our business. Certain of the claims pending against us allege, among other things, breach of contract, breach of express and implied warranties, construction defects, deceptive trade practices, product liability and personal injury. Although litigation is inherently uncertain, based on past experience and the information currently available, management does not believe that the currently pending and threatened litigation or claims will have a material adverse effect on our company’s financial position, liquidity or results of operations. However, future events or circumstances, currently unknown to management, will determine whether the resolution of pending or threatened litigation or claims will ultimately have a material effect on our financial position, liquidity or results of operations in any future reporting periods.

The opening of Item 3, Legal Proceedings.4

Sources

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