Legence Corp. Class A Common stock (LGN)
What the price implies
A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.
At a market value of $7.7B, Legence Corp. Class A Common stock's free cash flow of $219M (fiscal 2025) would need to grow about 12% a year for the stock to be worth today's price. That is slower than the company has grown its free cash flow over the last 2 years.
Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Legence Corp. Class A Common stock's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.
Fundamental grade
Five factors scored 1 to 9 from LGN's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.
Key numbers
Results from SEC filings
Fiscal years, from Legence Corp. Class A Common stock's 10-K filings. The deep dive has 15+ years, quarters and every line.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $1.6B | $2.1B | $2.6B |
| Net income | -$46M | -$29M | -$60M |
| Free cash flow | $17M | $10M | $219M |
| EPS (diluted) | — | — | — |
| Operating margin | 0.64% | 3.4% | 2.4% |
Where the revenue comes from
Revenue by segments, fiscal 2025.
Superinvestors who own LGN
From each investor's latest 13F filing (what a 13F shows). 3 of the investors we track hold it.
| Investor | Last quarter | Value | % of portfolio | Quarter |
|---|---|---|---|---|
| Hersh Cohen ClearBridge Investments |
Added | $61M | 0.05% | Q2 2026 |
| Ron Baron Baron Capital (BAMCO) |
Trimmed | $41M | 0.06% | Q2 2026 |
| Cliff Asness AQR Capital Management |
New position | $544,364 | 0.0% | Q2 2026 |
Insider buying
Open-market purchases by Legence Corp. Class A Common stock's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.
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In the full deep dive
Questions
What growth does Legence Corp. Class A Common stock's stock price imply?
At a market value of $7.7B, Legence Corp. Class A Common stock would need its free cash flow to grow about 12% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 2 years its free cash flow grew 261% a year.
Are Legence Corp. Class A Common stock insiders buying the stock?
No open-market insider purchases of LGN in the last 12 months, according to SEC Form 4 filings.
Which superinvestors own Legence Corp. Class A Common stock?
3 of the superinvestors Investingly tracks hold LGN in their latest 13F, including Hersh Cohen, Ron Baron, Cliff Asness.
Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.