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Side-by-side financial comparison of Invesco Mortgage Capital Inc. (IVR) and Legacy Housing Corp (LEGH). Click either name above to swap in a different company.

Legacy Housing Corp is the larger business by last-quarter revenue ($25.5M vs $21.3M, roughly 1.2× Invesco Mortgage Capital Inc.). Invesco Mortgage Capital Inc. runs the higher net margin — 242.2% vs 32.2%, a 210.1% gap on every dollar of revenue. On growth, Invesco Mortgage Capital Inc. posted the faster year-over-year revenue change (55.4% vs -30.6%). Over the past eight quarters, Invesco Mortgage Capital Inc.'s revenue compounded faster (74.2% CAGR vs -9.1%).

Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.

Legacy Housing Corp is a prominent U.S.-based manufacturer of affordable manufactured homes, tiny homes, and accessory dwelling units. It mainly caters to low- and middle-income consumers across North America, providing customizable residential solutions, supporting construction materials, and after-sales services for individual and community development clients.

IVR vs LEGH — Head-to-Head

Bigger by revenue
LEGH
LEGH
1.2× larger
LEGH
$25.5M
$21.3M
IVR
Growing faster (revenue YoY)
IVR
IVR
+86.0% gap
IVR
55.4%
-30.6%
LEGH
Higher net margin
IVR
IVR
210.1% more per $
IVR
242.2%
32.2%
LEGH
Faster 2-yr revenue CAGR
IVR
IVR
Annualised
IVR
74.2%
-9.1%
LEGH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IVR
IVR
LEGH
LEGH
Revenue
$21.3M
$25.5M
Net Profit
$51.5M
$8.2M
Gross Margin
26.4%
Operating Margin
40.4%
Net Margin
242.2%
32.2%
Revenue YoY
55.4%
-30.6%
Net Profit YoY
1368.7%
-43.5%
EPS (diluted)
$0.72
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IVR
IVR
LEGH
LEGH
Q4 25
$21.3M
$25.5M
Q3 25
$17.6M
$28.8M
Q2 25
$17.7M
$38.4M
Q1 25
$18.8M
$24.3M
Q4 24
$13.7M
$36.7M
Q3 24
$7.5M
$30.2M
Q2 24
$8.6M
$31.7M
Q1 24
$7.0M
$30.8M
Net Profit
IVR
IVR
LEGH
LEGH
Q4 25
$51.5M
$8.2M
Q3 25
$53.5M
$8.6M
Q2 25
$-23.3M
$14.7M
Q1 25
$19.6M
$10.3M
Q4 24
$3.5M
$14.5M
Q3 24
$40.7M
$15.8M
Q2 24
$-13.5M
$16.2M
Q1 24
$29.1M
$15.1M
Gross Margin
IVR
IVR
LEGH
LEGH
Q4 25
26.4%
Q3 25
20.2%
Q2 25
32.4%
Q1 25
29.2%
Q4 24
27.3%
Q3 24
29.2%
Q2 24
31.9%
Q1 24
33.6%
Operating Margin
IVR
IVR
LEGH
LEGH
Q4 25
40.4%
Q3 25
33.7%
Q2 25
43.8%
Q1 25
47.7%
Q4 24
42.3%
Q3 24
50.8%
Q2 24
50.6%
Q1 24
54.3%
Net Margin
IVR
IVR
LEGH
LEGH
Q4 25
242.2%
32.2%
Q3 25
303.6%
30.0%
Q2 25
-131.6%
38.3%
Q1 25
104.4%
42.3%
Q4 24
25.6%
39.5%
Q3 24
542.2%
52.4%
Q2 24
-155.9%
51.1%
Q1 24
415.9%
49.1%
EPS (diluted)
IVR
IVR
LEGH
LEGH
Q4 25
$0.72
$0.38
Q3 25
$0.74
$0.35
Q2 25
$-0.40
$0.60
Q1 25
$0.26
$0.41
Q4 24
$-0.09
$0.59
Q3 24
$0.63
$0.64
Q2 24
$-0.38
$0.65
Q1 24
$0.49
$0.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IVR
IVR
LEGH
LEGH
Cash + ST InvestmentsLiquidity on hand
$56.0M
$8.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$797.5M
$528.6M
Total Assets
$6.5B
$580.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVR
IVR
LEGH
LEGH
Q4 25
$56.0M
$8.5M
Q3 25
$58.5M
$13.6M
Q2 25
$59.4M
$2.6M
Q1 25
$42.9M
$3.4M
Q4 24
$73.4M
$1.1M
Q3 24
$48.3M
$570.0K
Q2 24
$58.8M
$60.0K
Q1 24
$59.9M
$621.0K
Stockholders' Equity
IVR
IVR
LEGH
LEGH
Q4 25
$797.5M
$528.6M
Q3 25
$769.6M
$521.6M
Q2 25
$709.4M
$512.8M
Q1 25
$759.2M
$503.7M
Q4 24
$730.7M
$494.0M
Q3 24
$857.0M
$479.3M
Q2 24
$759.2M
$463.2M
Q1 24
$785.6M
$450.4M
Total Assets
IVR
IVR
LEGH
LEGH
Q4 25
$6.5B
$580.3M
Q3 25
$6.0B
$557.9M
Q2 25
$5.4B
$552.0M
Q1 25
$6.2B
$544.6M
Q4 24
$5.7B
$534.2M
Q3 24
$6.1B
$521.4M
Q2 24
$5.1B
$514.9M
Q1 24
$5.2B
$510.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IVR
IVR
LEGH
LEGH
Operating Cash FlowLast quarter
$157.1M
$19.0M
Free Cash FlowOCF − Capex
$15.7M
FCF MarginFCF / Revenue
61.6%
Capex IntensityCapex / Revenue
13.1%
Cash ConversionOCF / Net Profit
3.05×
2.32×
TTM Free Cash FlowTrailing 4 quarters
$28.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVR
IVR
LEGH
LEGH
Q4 25
$157.1M
$19.0M
Q3 25
$37.3M
$7.2M
Q2 25
$40.6M
$6.1M
Q1 25
$19.3M
$4.9M
Q4 24
$183.2M
$7.9M
Q3 24
$30.8M
$13.8M
Q2 24
$33.0M
$3.5M
Q1 24
$57.5M
$10.8M
Free Cash Flow
IVR
IVR
LEGH
LEGH
Q4 25
$15.7M
Q3 25
$5.1M
Q2 25
$3.7M
Q1 25
$3.6M
Q4 24
$6.0M
Q3 24
$9.1M
Q2 24
$1.7M
Q1 24
$9.9M
FCF Margin
IVR
IVR
LEGH
LEGH
Q4 25
61.6%
Q3 25
17.8%
Q2 25
9.6%
Q1 25
15.0%
Q4 24
16.4%
Q3 24
30.2%
Q2 24
5.4%
Q1 24
32.2%
Capex Intensity
IVR
IVR
LEGH
LEGH
Q4 25
13.1%
Q3 25
7.1%
Q2 25
6.2%
Q1 25
5.2%
Q4 24
5.1%
Q3 24
15.6%
Q2 24
5.5%
Q1 24
2.8%
Cash Conversion
IVR
IVR
LEGH
LEGH
Q4 25
3.05×
2.32×
Q3 25
0.70×
0.83×
Q2 25
0.41×
Q1 25
0.98×
0.48×
Q4 24
52.24×
0.54×
Q3 24
0.76×
0.88×
Q2 24
0.21×
Q1 24
1.97×
0.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IVR
IVR

Segment breakdown not available.

LEGH
LEGH

Commercial Sales$8.6M34%
Retail Store Sales$6.0M24%
Inventory Finance Sales$5.0M20%
Direct Sales$4.4M17%
Other$1.5M6%

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