Legence Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Jeff Sprau
Chief executive officer
US$8.8m
Total compensation
| CEO salary percentage | 11.37% |
| CEO tenure | 1.5yrs |
| CEO ownership | n/a |
| Management average tenure | 1.5yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
LGN: Future Guidance And Equity Offering Will Shape Balanced Risk Outlook
Analysts have lifted their price target for Legence to $87.25 from $78.70, citing updated assumptions that include slightly refined discount rates, expectations for modestly higher revenue growth, a small improvement in forecast profit margins, and a higher future P/E multiple. What’s in the News for Legence Legence issued earnings guidance for the second quarter of 2026, with total revenues expected in a range of US$1.05b to US$1.1b.Legence: Growth Has More Visibility, Still Not Enough Margin Of Safety
Summary Legence Corp. remains a hold as growth visibility strengthens, but valuation at ~50x NTM P/E leaves little margin for error. Revenue surged ~105% y/y, with data centers now 62% of revenue and backlog visibility extending into Q4 2028, supporting upgraded FY26 guidance. Adjusted EBITDA margin expanded to 11.4%, but gross margin fell 320bps y/y to 18.7%, highlighting mix risks from lower-margin new build and subcontractor work. Despite operational improvements, LGN's premium valuation demands sustained profitable growth and margin stability to justify multiple expansion. Read the full article on Seeking Alpha
Legence Stock Will Ride Data Center Demand And Modular Fabrication Tailwinds
Catalysts About Legence Legence provides engineering, installation, fabrication and maintenance services for mission critical building systems across data centers, technology, healthcare, education, life sciences and public sector clients. What are the underlying business or industry changes driving this perspective?Modular Fabrication And Data Center Demand Will Drive Balanced But Limited Upside Potential
Catalysts About Legence Legence provides engineering, installation, maintenance and fabrication services for mission critical building systems across sectors such as data centers, technology, healthcare, education and government. What are the underlying business or industry changes driving this perspective?We Think Legence's (NASDAQ:LGN) Profit Is Only A Baseline For What They Can Achieve
Even though Legence Corp. ( NASDAQ:LGN ) posted strong earnings, investors appeared to be underwhelmed. We did some...
Data Center Backlog And Modular Capacity Will Support Durable Multi Sector Demand
Catalysts About Legence Legence provides engineering, installation, fabrication, and maintenance services for mission critical building systems across sectors such as data centers, technology, healthcare, life sciences, education, and government. What are the underlying business or industry changes driving this perspective?CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$4m |
| Dec 31 2025 | US$9m | US$1m | -US$34m |
| Sep 30 2025 | n/a | n/a | -US$20m |
| Jun 30 2025 | n/a | n/a | -US$20m |
| Mar 31 2025 | n/a | n/a | -US$35m |
| Dec 31 2024 | US$1m | US$762k | -US$29m |
Compensation vs Market: Jeff's total compensation ($USD8.79M) is about average for companies of similar size in the US market ($USD8.35M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Sprau (60 yo)
Mr. Jeffrey Sprau, also known as Jeff, serves as Chief Executive Officer at Therma Corporation since April 2019. Mr. Sprau is Director of Legence Corp. from August 2025 and Chief Executive Officer since Ja...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.5yrs | US$8.79m | no data | |
| Chief Financial Officer | 1.5yrs | US$3.49m | no data | |
| Chief Operating Officer | 1.5yrs | US$3.66m | 0.0023% $ 190.1k | |
| General Counsel & Secretary | 1.5yrs | US$1.80m | no data | |
| Chief Strategy Officer | less than a year | US$3.97m | no data | |
| Chief Accounting Officer | no data | no data | no data | |
| Chief People & Technology Officer | 1.5yrs | US$939.25k | no data | |
| Vice President of Finance & Investor Relations | no data | no data | no data |
Experienced Management: LGN's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$8.79m | no data | |
| Independent Director | 1.5yrs | no data | no data | |
| Independent Director | less than a year | US$157.97k | 0.0049% $ 403.1k | |
| Independent Director | less than a year | US$182.02k | 0.0070% $ 571.0k | |
| Independent Director | 1.5yrs | no data | no data | |
| Independent Chairman | less than a year | US$717.64k | 0.019% $ 1.5m |
Experienced Board: LGN's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/05 03:28 |
| End of Day Share Price | 2026/07/02 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Legence Corp. is covered by 17 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adam Seiden | Barclays |
| Charles Albert Dillard | Bernstein |
| Devin Dodge | BMO Capital Markets Equity Research |