Legence Corp.LGN

NasdaqIndustrialsConstruction - Special Trade Contractors
Price (close)
$52.45
Market cap
$4.0B
P/E
—
Revenue (TTM)
$3.7B
Net income
-$45.0M
Dividend yield
—
1-year total return
63.5%
Net margin
-1.2%
Revenue growth
69.2%
Debt / equity
1.72x

What Legence Corp. does.

We are a leading provider of engineering, installation and maintenance services for mission-critical systems in buildings. We believe that providing integrated solutions for engineering, installing and maintenance of mechanical, electrical and plumbing (“MEP”) systems results in lower total cost, fewer change orders and faster turnaround times for our clients and higher win rates, better customer retention, incremental margin and more recurring revenue for us. We focus on high-growth sectors that have technically demanding buildings, including technology, life sciences, healthcare and education.

Our business is growing rapidly as data centers, manufacturers, pharmaceutical companies, hospitals, schools and universities make investments in both new and existing facilities to support growing demand for their products and services, reduce energy costs and increase resiliency. In 2025, we generated more than half of our revenues from “high growth industries,” which we define as clients operating in the data center and technology and life sciences and health care end-markets. As of December 31, 2025, we had $3.7 billion of backlog and awarded contracts, representing an increase of 49% over the same date last year.

Revenue and profit, by fiscal year.

Fiscal year202320242025
Revenue$1.6B$2.1B$2.6B
Net income-$46.0M-$28.6M-$59.8M
Free cash flow$16.8M$10.3M$218.9M

More on LGN.

Figures from Legence Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.