Legence Corp.(LGN)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Not in ranked universe
Pending next ranking run
This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
LGN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Legence Corp. (LGN), a Industrials sector company. LGN is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), Legence Corp. reports quarterly revenue of $1.0B, net income of $16.1M, an operating margin of 2.2%. Top institutional holders of LGN by reported 13-F value include Blackstone, JANUS HENDERSON GROUP PLC, FMR, based on the most recent SEC filings. LGN trades on the Nasdaq exchange and files with the SEC under CIK 2052568. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LGN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Legence Corp. directly from SEC EDGAR.
Revenue
Q1 2026
$1.0B
Net Income
Q1 2026
$16.1M
Free Cash Flow
Q1 2026
$102.3M
Operating Margin
Q1 2026
2.2%
ROIC
Q1 2026
1.5%
D/E Ratio
Q1 2026
2.03
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+21.5% YoYNet Income
-109.4% YoYOperating Income
-12.5% YoYTotal Assets
+13.9% YoYTotal Debt
-48.5% YoYOp. Cash Flow
+777.7% YoY| Metric | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Revenue | $2.55B +21.5% | $2.10B +29.9% | $1.62B |
| Net Income | $-59.8M -109.4% | $-28.6M +38.0% | $-46.0M |
| Operating Income | $61.6M -12.5% | $70.4M +585.7% | $10.3M |
| Total Assets | $2.68B +13.9% | $2.35B | — |
| Total Debt | $829.1M -48.5% | $1.61B | — |
| Operating Cash Flow | $256.9M +777.7% | $29.3M -13.7% | $33.9M |
AI Insight: LGN Financial Trends
Legence swung to profitability in Q1 2026 with 41% revenue growth, but debt surged 24% despite positive operating cash flow.
• Revenue jumped 41% from Q4 2025 ($738M) to Q1 2026 ($1,038M); net income reversed from -$33M loss to $16M profit.
• Operating cash flow remained positive at $120M in Q1 2026, up from $95M in Q4 2025, supporting operational strength.
• Total debt increased 24% to $1,027M in Q1 2026 from $829M in Q4 2025, outpacing equity growth of 29%.
⚠ Debt-to-equity ratio climbed to 2.03x in Q1 2026 from 2.12x in Q4 2025; monitor leverage trajectory amid growth investments.
⚠ Operating margin turned positive in Q1 2026 (2.1%) after -3.1% loss in Q4 2025; sustainability unclear with limited history.
AI Insight: LGN Ratio Trends
LGN swung from losses across all profitability metrics in Q4 2025 to positive returns in Q1 2026, though absolute margins remain thin.
• Operating margin recovered from -3.2% in Q4 2025 to +2.2% in Q1 2026; NPM improved from -4.4% to +1.6%.
• ROE rebounded sharply from -33.4% to +12.7%; ROIC swung from -7.7% to +5.8% quarter-over-quarter.
• Leverage ratio D/E declined from 2.14 in Q3 2025 to 2.03 in Q1 2026, showing gradual deleveraging.
⚠ Profitability metrics remain below historical norms; Q1 2026 margins and returns are fragile off a loss-making Q4.
⚠ D/E ratio of 2.03 remains elevated; monitor whether deleveraging momentum continues or stalls.
Get alerted when LGN's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for Legence Corp. including:
Top Institutional Holders of LGN
Blackstone Inc.
$1.4B25,341,365 shJANUS HENDERSON GROUP PLC
$245.2M4,341,989 shFMR LLC
$167.0M2,958,359 shBlackRock, Inc.
$149.5M2,647,194 shFRANKLIN RESOURCES INC
$130.6M2,312,266 shMASSACHUSETTS FINANCIAL SERVICES CO /MA/
$110.5M1,957,280 shWESTFIELD CAPITAL MANAGEMENT CO LP
$105.1M1,861,653 shVANGUARD CAPITAL MANAGEMENT LLC
$85.5M1,514,674 shVANGUARD PORTFOLIO MANAGEMENT LLC
$82.8M1,466,863 shBAMCO INC /NY/
$70.3M1,245,682 sh
| Fund | Value | Shares |
|---|---|---|
| Blackstone Inc. | $1.4B | 25,341,365 |
| JANUS HENDERSON GROUP PLC | $245.2M | 4,341,989 |
| FMR LLC | $167.0M | 2,958,359 |
| BlackRock, Inc. | $149.5M | 2,647,194 |
| FRANKLIN RESOURCES INC | $130.6M | 2,312,266 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $110.5M | 1,957,280 |
| WESTFIELD CAPITAL MANAGEMENT CO LP | $105.1M | 1,861,653 |
| VANGUARD CAPITAL MANAGEMENT LLC | $85.5M | 1,514,674 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $82.8M | 1,466,863 |
| BAMCO INC /NY/ | $70.3M | 1,245,682 |
More Industrials Companies
View all Industrials →Put LGN on your watchlist
Track score changes the day Legence Corp. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is LGN a good stock to buy?
13F Pro's AI-powered analysis of Legence Corp. (LGN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for LGN are available on the LGN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own LGN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling LGN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Legence Corp.'s investment landscape.