Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 136

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 136
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 % |     |           |     | % |
| Gross Profit                 |                     |            $ |   233,706 |   |     |    $ |   315,146 |   |     |    $ |   430,767 |   |     | $         |     |   |
| Other Cost of Revenue(1)     |                     |              |   812,919 |   |     |      | 1,065,079 |   |     |      | 1,317,116 |   |     |           |     |   |
| Self-Perform Contribution(2) |                     |              | 1,046,625 |   |     |      | 1,380,225 |   |     |      | 1,747,883 |   |     |           |     |   |
| Self-Perform Margin(3)       |                     |              |      11.4 | % |     |      |      12.1 | % |     |      |      13.1 | % |     |           |     | % |

| (1) | Other Cost of Revenue equals Cost of Revenue minus Subcontractor Expense. Subcontractor Expense represents the                                                                                                                                        
 cost of third-party contractors that we use and is included in Cost of Revenue. We typically incur Subcontractor Expense in connection with the provision of construction management services. On jobs where we use subcontractors, we may pass those 
 costs directly through to our customers or include them in our overall price for the job.                                                                                                                                                             |

| (2) | We define Self-Perform Contribution as revenue less Subcontractor Expense. |

| (3) | We define Self-Perform Margin as Adjusted EBITDA divided by Self-Perform Contribution. |

Backlog and Awarded Contracts and Book-to-BillRatio We track backlog and awarded contracts. We believe that these measures enable us to more effectively forecast our future results and working capital needs, as well as better identify future operating trends that may not otherwise be apparent. We believe this measure is also useful for investors in forecasting our future results and comparing us to our competitors. We also track our book-to-billratio, based on backlog and awarded contracts, for the same reasons. Our backlog is equivalent to our remaining performance obligations. As a result, there are no adjustments being made that would be reflected in a reconciliation. Our methodology for calculating backlog and awarded contracts or book-to-billratio may not be consistent with methodologies used