LGNLegence Corp.

$51.56+65% 1Y

Is it safe?

Mixed

Forensics clean, with a caveat: a safe balance sheet and clean books, but big price swings.

2 good, 1 to watch, 2 neutral, 1 without data
SurvivalSafe zone

Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.

Honest booksLow risk

Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).

Insider conviction-$285K

Insiders were net sellers (-$285K, 90 days to Oct 8, 2026), selling is often routine.

Credit gradeBBBderived · Jun 30, 2026

Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.

Drawdown risk71% volderived · Oct 9, 2026

Large price swings, high volatility. Worst drawdown -50% · now 50% below its 52-week high.

Unless marked, from SEC EDGAR, as of Dec 31, 2025.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Volatilitybehind 86% of the market
Max drawdownbetter than 76% of the market

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can LGN take a bad year?

Legence Corp. carries $743M of net debt at 4.85× EBITDA: a heavy load to carry through a bad year.

$743M

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
4.85×

Net debt / EBITDA

Altman Z-score
5.27

Altman Z-score · safe zone, above 3

Interest cover
0.39×

Interest cover · operating profit does not cover the interest bill

Details›
Total debtQ2 2026
$1.03B
Cash and short-term investments
$292M
Net debt
$743M
EBITDA, trailing twelve months
$153M
Operating profit, trailing twelve months
$29M
Debt / equity
1.72×
Total debt / EBITDA
6.75×
Annualised volatilitytwo years of daily moves
71%
Worst drawdown on file
−50%
Below its 52-week high
50%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.