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Companies / Industrials / Legence Corp.
LGN

Legence Corp.

IndustrialsConstruction
Ticker LGNSAN JOSE, CAFiscal year ends December

Legence Holdings, Inc. operates as a leading provider of engineering, installation and maintenance services for mission-critical systems in buildings. The company maintains its website at www.wearelegence.com and serves clients across the United States through approximately 7,000 full-time employees operating from 116… From the company’s description.

Fiscal year 2025 · ends 12-31
Sales & profitability
$2.55BFY2025
2.41%FY2025
$-77.30MFY2025
-11.07%FY2025
Cash & financing
$256.87MFY2025
$218.93MFY2025
2.11FY2025
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Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure.

What Legence Corp. does

In the company’s own words

Legence Holdings, Inc. operates as a leading provider of engineering, installation and maintenance services for mission-critical systems in buildings. The company maintains its website at www.wearelegence.com and serves clients across the United States through approximately 7,000 full-time employees operating from 116 physical locations across 46 states and the District of Columbia.

The company generates revenue through two primary segments: Engineering & Consulting and Installation & Maintenance. The Engineering & Consulting segment, which includes engineering and design services along with program and project management offerings, focuses on designing HVAC and MEP systems while developing strategies to reduce energy usage and enhance building sustainability. The Installation & Maintenance segment provides fabrication and installation of HVAC systems, process piping and other MEP systems, complemented by preventative and corrective maintenance services. In 2025, the company generated approximately 40 percent of revenues from new building projects and 60 percent from retrofits, upgrades and maintenance for existing buildings.

Legence specializes in serving high-growth sectors including data centers and technology, life sciences and healthcare, education, and manufacturing. In 2025, more than half of revenues derived from data centers and technology combined with life sciences and healthcare markets. The company served approximately 20,000 clients from 2019 through 2025, with the average relationship with its top ten clients spanning 23 years. As of December 31, 2025, the company reported backlog and awarded contracts of $3.7 billion.

The company's workforce comprises approximately 1,200 MEP engineers and energy consultants alongside approximately 6,200 HVAC and plumbing service technicians, fitters, electricians and sheet metal workers. Legence operates under collective bargaining agreements covering approximately 4,500 employees. The company has completed approximately 24 acquisitions since December 2020, including significant acquisitions of AMA Consulting Engineers Holdings LLC and P2S, LP in 2024, as well as The Bowers Group, Inc. in January 2026. Total 2025 revenues reached $2.55 billion, reflecting the company's substantial scale within the MEP services industry.

Company details
Sector
Industrials
Industry (SIC)
Construction
Headquarters
SAN JOSE, CA
Fiscal year end
December
CIK
2052568
SIC
1700

Financial performance, year by year

Fiscal 2025–2025 · USD
$-340.08M$448.26M$1.24B$2.02B$2.81B2025

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Legence Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

267
funds hold it
0 of 35
superinvestors hold it
$2.37B
held by funds, at market
36.1%
of shares held by funds

Largest fund holders · Legence Corp.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
Franklin Dynatech Fund
FKDNX · Franklin Custodian Funds
0.48%of fund net assets
First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
1.19%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.15%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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