32.16
+15.23%
Close of 9 Nov 2026, in USD
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About Legence
From its filings with the US Securities and Exchange Commission
Legence is based in San Jose, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker LGN. The SEC classifies its business as construction - special trade contractors. In the fiscal year to 31 December 2025, it reported revenue of $2.55bn and a net loss of $59.8m. At that date it held total assets of $2.68bn and shareholders' equity of $392.2m.
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.
Quoted from its 10-K, filed 30 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Construction & Engineering
- Listed since
- 12 Sept 2025
- Employees
- 7,000
- Website
- wearelegence.com ↗
- Head office
- 1601 LAS PLUMAS AVENUE, SAN JOSE, CA, 95133
- Incorporated in
- DE
- Classification
- Construction - Special Trade Contractors
- Filer status
- Non-accelerated filer
Leadership
Pay as last reported
- Mr. Terrence KeenenIndependent Chairman of the Board$175,000
- Mr. Jeffrey SprauChief Executive Officer, Director$1.4m
- Mr. Stephen ButzChief Financial Officer$797,201
- Mr. Gregory BarnesChief Human Resources Officer$939,253
- Mr. Bryce SekiGeneral Counsel, Secretary$923,619
- Ms. Christie KellyIndependent Director
- Mr. Bilal KhanIndependent Director
- Mr. Robert NimocksIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Legence Corp's Engineering & Consulting segment designs HVAC and MEP systems for sustainable buildings in technology sectors.
- The Installation & Maintenance segment fabricates HVAC systems for industrial and commercial buildings across the US.
- Legence Corp serves high-demand sectors like healthcare and education with mission-critical system solutions.
Weaknesses
- Legence Corp's focus on US operations limits international market expansion opportunities.
- The company's reliance on the Construction & Engineering industry exposes it to sector-specific downturns.
- Legence Corp's 7000 employees may not suffice for large-scale global projects.
Opportunities
- Growing demand for sustainable building solutions in the US healthcare sector presents expansion potential.
- Increasing technology sector construction projects in San Jose offer new business opportunities.
- Legence Corp can leverage its Engineering & Consulting segment to enter the life sciences market.
Threats
- Economic downturns in the US Construction & Engineering industry could reduce project volumes.
- Rising material costs in the US may increase operational expenses for Legence Corp.
- Competition from other US-based construction firms could impact market share.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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