Louisiana-Pacific Corporation (LPX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$0.57	$0.4	-29.8%	—	—	—
Q4 26	$0.15	$0.38	+153.3%	—	—	—
Q3 26	-$0.02	$0.03	+250.0%	—	—	—
Q2 26	$0.38	$0.36	-5.3%	—	—	—
Q1 26	$1.03	$0.99	-3.9%	—	—	—
Q4 25	$1.18	$1.27	+7.6%	—	—	—
Q3 25	$0.84	$1.03	+22.6%	—	—	—
Q2 25	$0.89	$1.22	+37.1%	—	—	—
Q1 25	$1.93	$2.09	+8.3%	—	—	—
Q4 24	$1.13	$1.53	+35.4%	—	—	—
Q3 24	$0.54	$0.71	+31.5%	—	—	—
Q2 24	$1.53	$1.62	+5.9%	—	—	—
Q1 24	$0.67	$0.55	-17.9%	—	—	—
Q4 23	$0.05	$0.34	+580.0%	—	—	—
Q3 23	$0.54	$0.61	+13.0%	—	—	—
Q2 23	$1.51	$1.72	+13.9%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.09	—	—	$2.7B	—
FY24	—	$5.91	—	—	$2.9B	—
FY23	—	$2.47	—	—	$2.6B	—
FY22	—	$13.9	—	—	$3.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.2B	$2.7B	$2.8B	$2.3B	$2.8B	$3.9B	$3.9B	$2.6B	$2.9B	$2.7B
YoY change	+18%	+22.4%	+3.44%	-18.3%	+20.7%	+40.4%	-1.56%	-33%	+13.9%	-7.92%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.2B	2.7B	2.8B	2.3B	2.8B	3.9B	3.9B	2.6B	2.9B	2.7B
Cost of revenue	1.8B	2B	2.1B	2B	1.9B	2B	2.4B	2B	2.1B	2.1B
Gross profit	404.3M	736M	744M	303M	867M	2B	1.5B	593M	832M	589M
Gross margin	18.1%	26.9%	26.3%	13.1%	31.1%	50.1%	38.9%	23%	28.3%	21.8%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	191.3M	201M	213M	233M	212M	224M	270M	257M	291M	329M
Operating expenses	208.7M	206M	201M	222M	203M	225M	262M	258M	294M	330M
Operating income	195.6M	530M	543M	81M	664M	1.7B	1.2B	335M	538M	259M
Operating margin	8.76%	19.4%	19.2%	3.51%	23.8%	44.4%	32.1%	13%	18.3%	9.56%
Non-operating income, net	-6.6M	-10M	-21M	-94M	-26M	-26M	-85M	-91M	3M	-65M
Pretax income	164.9M	510M	524M	-23M	621M	1.7B	1.2B	248M	547M	195M
Income tax	19.8M	119M	122M	-13M	125M	402M	274M	74M	140M	50M
Net income	149.8M	390M	395M	-10M	497M	1.4B	1.1B	178M	420M	146M
Net margin	6.71%	14.3%	14%	-0.43%	17.8%	35.1%	28.1%	6.9%	14.3%	5.39%
EBITDA	315.5M	662M	679M	212M	774M	1.9B	1.3B	467M	683M	419M
EPS	1.04	2.7	2.76	-0.04	4.48	14.2	13.9	2.47	5.91	2.09
Diluted EPS	1.03	2.66	2.73	-0.04	4.46	14.1	13.9	2.46	5.89	2.08

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	663M	567M	574M	664M
Cost of revenue	—	—	—	—	—	—	—	—	534M	482M	459M	549M
Gross profit	—	—	—	—	—	—	—	—	129M	85M	115M	116M
Gross margin	—	—	—	—	—	—	—	—	19.5%	15%	20%	17.5%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	95M	79M	78M	80M
Operating expenses	—	—	—	—	—	—	—	—	96M	81M	77M	80M
Operating income	—	—	—	—	—	—	—	—	33M	4M	38M	36M
Operating margin	—	—	—	—	—	—	—	—	4.98%	0.71%	6.62%	5.42%
Non-operating income, net	—	—	—	—	—	—	—	—	-11M	-26M	2M	2M
Pretax income	160M	65M	148M	201M	113M	85M	116M	73M	18M	-12M	36M	34M
Income tax	—	—	—	—	—	—	—	—	9M	-4M	9M	8M
Net income	—	—	—	—	—	—	—	—	9M	-8M	27M	26M
Net margin	—	—	—	—	—	—	—	—	1.36%	-1.41%	4.7%	3.92%
EBITDA	—	—	—	—	—	—	—	—	69M	56M	79M	75M
EPS	1.63	0.81	1.49	2.23	1.28	0.89	1.3	0.77	0.13	-0.11	0.39	0.38
Diluted EPS	1.63	0.81	1.48	2.23	1.28	0.89	1.3	0.77	0.13	-0.11	0.39	0.38

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.7B	3.8B	3.2B	—	4.1B	—	—	5.1B	7.4B	5.7B	4.6B
Enterprise value	2.4B	3.2B	2.7B	—	4B	—	—	5.3B	7.4B	5.7B	4.8B
Shares outstanding	143.4M	144M	143M	123M	111M	97M	78M	72M	71M	70M	70M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.1	9.7	8.04	—	8.3	—	—	28.7	17.5	38.7	85.8
P/S	1.22	1.38	1.12	—	1.48	—	—	1.98	2.5	2.09	1.87
P/B	2.27	2.36	1.87	—	3.32	—	—	3.28	4.4	3.27	2.65
EV/EBITDA	7.71	4.88	3.9	—	5.14	—	—	11.3	10.8	13.7	18.6
EV/Sales	1.09	1.18	0.94	—	1.43	—	—	2.04	2.51	2.12	1.93
Earnings yield	5.52%	10.3%	12.4%	—	12%	—	—	3.49%	5.71%	2.58%	1.17%
FCF yield	8.01%	8.59%	9.35%	—	14.1%	—	—	0.31%	5.74%	1.61%	-2.08%
PEG	—	—	—	—	—	—	—	—	—	—	-1.69

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	18.1%	26.9%	26.3%	13.1%	31.1%	50.1%	38.9%	23%	28.3%	21.8%	17.5%
Operating margin	8.76%	19.4%	19.2%	3.51%	23.8%	44.4%	32.1%	13%	18.3%	9.56%	5.27%
Net margin	6.71%	14.3%	14%	-0.43%	17.8%	35.1%	28.1%	6.9%	14.3%	5.39%	2.19%
ROE	12.5%	24.3%	23.2%	-1%	40%	110.8%	75.5%	11.4%	25.1%	8.43%	3.1%
ROA	7.37%	15.9%	15.7%	-0.54%	23.8%	62.6%	46.1%	7.3%	16.4%	5.56%	2.66%
ROIC	18.8%	38.6%	35.5%	6.68%	48.3%	103.8%	64.6%	13.7%	23.4%	10.6%	4.17%
Return on tangible assets	7.65%	16.3%	16%	-0.58%	25.8%	66.7%	48.7%	7.62%	17%	5.69%	2.11%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	4.41	5.03	4.26	2.2	3.37	2.47	2.49	2.84	2.74	2.73	3.22
Quick ratio	3.38	4.07	3.36	1.26	2.49	1.7	1.51	1.46	1.59	1.5	1.63
Debt / equity	0.32	0.23	0.21	0.39	0.31	0.32	0.28	0.24	0.23	0.22	0.22
Debt / assets	0.19	0.15	0.14	0.21	0.19	0.18	0.17	0.16	0.15	0.14	0.14
Net debt / EBITDA	-0.89	-0.83	-0.77	1	-0.19	0.02	0.02	0.33	0.06	0.21	0.53
Interest coverage	6.32	29.3	35.9	-0.35	37.5	142.7	129.3	20.1	43.1	14.9	6.07
Effective tax rate	12%	23.3%	23.3%	0%	20.1%	23.6%	23.7%	29.8%	25.6%	25.6%	28.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	15.6	19	19.8	18.8	25.1	40.4	49.4	35.8	41.4	38.7	35.3
EPS (basic)	1.04	2.7	2.76	-0.04	4.48	14.2	13.9	2.47	5.91	2.09	2.09
EPS (diluted)	1.03	2.66	2.73	-0.04	4.46	14.1	13.9	2.46	5.89	2.08	0.77
Book value per share	8.34	11.1	11.9	8.14	11.2	12.8	18.4	21.6	23.5	24.7	24.9
FCF per share	1.52	2.26	2.08	-0.03	5.24	12.7	9.36	0.22	5.94	1.3	-0.3
Cash per share	4.6	6.44	6.14	1.47	4.82	3.69	4.73	3.08	4.79	4.17	3.26
Capex per share	0.87	1.03	1.5	1.33	0.69	2.62	5.31	4.17	2.58	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	5.59%	5.45%	7.57%	7.06%	2.76%	6.49%	10.7%	11.6%	6.22%	—	—
Capex / operating cash flow	37.9%	30.3%	38.6%	153.8%	13%	17.3%	33.9%	109.9%	31.3%	—	—
Payout ratio	0%	0%	18.7%	-650%	13.1%	4.81%	6.37%	38.8%	17.6%	53.4%	150.6%
Dividend yield	0%	0%	2.33%	—	1.58%	—	—	1.35%	1.01%	1.38%	1.82%

Yield

1.82%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.30

ex-dividend Aug 14, 2026

Payout ratio

151%

of earnings

Dividend growth

7 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 14, 2026	$0.30
May 14, 2026	$0.30
Feb 27, 2026	$0.30

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	$663M	$567M	$574M	$664M
YoY change	—	—	—	—	—	—	—	—	—	—	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	659.3M	928M	878M	181M	535M	358M	369M	222M	340M	292M
Receivables	96.1M	124.6M	88M	111M	161M	156M	106M	104M	100M	95M
Inventory	234.6M	259.1M	273M	265M	259M	277M	336M	378M	358M	364M
Total current assets	1B	1.4B	1.3B	619M	993M	890M	854M	778M	855M	809M
Property, plant & equipment	560.2M	578.6M	680M	659M	602M	757M	942M	1.1B	1.1B	1.2B
Goodwill & intangibles	72.9M	53.4M	52M	100M	162M	136M	128M	102M	98M	60M
Total assets	2B	2.4B	2.5B	1.8B	2.1B	2.2B	2.4B	2.4B	2.6B	2.6B
Accounts payable	89.9M	112.3M	116M	127M	125M	180M	178M	141M	139M	129M
Short-term debt	2.6M	25.1M	5M	8M	8M	7M	8M	6M	8M	9M
Total current liabilities	228.8M	270.1M	302M	281M	295M	360M	343M	274M	312M	296M
Long-term debt	374.4M	350.8M	347M	384M	381M	390M	387M	372M	372M	370M
Total liabilities	835.5M	844M	814M	834M	842M	955M	916M	880M	898M	896M
Shareholders' equity	1.2B	1.6B	1.7B	1B	1.2B	1.2B	1.4B	1.6B	1.7B	1.7B
Total debt	377M	375.9M	352M	392M	389M	397M	395M	378M	380M	379M
Net debt	-282.3M	-552.1M	-526M	211M	-146M	39M	26M	156M	40M	87M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	—	316M	292M	164M	228M
Receivables	—	—	—	—	—	—	—	—	131M	95M	113M	111M
Inventory	—	—	—	—	—	—	—	—	358M	364M	417M	373M
Total current assets	—	—	—	—	—	—	—	—	862M	809M	760M	773M
Property, plant & equipment	—	—	—	—	—	—	—	—	1.2B	1.2B	1.2B	1.2B
Goodwill & intangibles	—	—	—	—	—	—	—	—	88M	60M	56M	52M
Total assets	—	—	—	—	—	—	—	—	2.6B	2.6B	2.6B	2.6B
Accounts payable	—	—	—	—	—	—	—	—	126M	129M	122M	122M
Short-term debt	—	—	—	—	—	—	—	—	8M	9M	9M	9M
Total current liabilities	—	—	—	—	—	—	—	—	307M	296M	238M	245M
Long-term debt	382M	372M	371M	370M	372M	372M	371M	370M	370M	370M	369M	368M
Total liabilities	—	—	—	—	—	—	—	—	909M	896M	851M	863M
Shareholders' equity	—	—	—	—	—	—	—	—	1.7B	1.7B	1.7B	1.7B
Total debt	382M	372M	371M	370M	372M	372M	371M	370M	378M	379M	378M	377M
Net debt	—	—	—	—	—	—	—	—	62M	87M	214M	149M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	149.8M	390M	395M	-10M	497M	1.4B	1.1B	178M	420M	146M
Depreciation & amortization	112.8M	123M	120M	123M	111M	119M	132M	119M	126M	145M
Stock-based compensation	13M	9.7M	8.6M	—	—	—	—	—	—	30M
Change in working capital	47.1M	-55.3M	-20M	-22M	-35M	-39M	-29M	-94M	35M	-11M
Operating cash flow	329.2M	492.4M	554.6M	106M	593M	1.5B	1.2B	273M	584M	382M
Capital expenditure	-124.8M	-149M	-214M	-163M	-77M	-254M	-414M	-300M	-183M	—
Investing cash flow	285.1M	-199M	-238M	-137M	-49M	-247M	-146M	-376M	-183M	0
Dividends paid	0	0	-74M	-65M	-65M	-66M	-69M	-69M	-74M	-78M
Share repurchases	0	0	-212M	-638M	-200M	-1.3B	-900M	0	-212M	-61M
Financing cash flow	-407M	-9M	-317M	-717M	-272M	-1.4B	-982M	-77M	-292M	-141M
Net change in cash	207.3M	284.4M	-400K	-748M	272M	-167M	93M	-180M	109M	241M
Free cash flow	217.5M	325M	297M	-4M	582M	1.2B	730M	16M	422M	91M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	118M	59M	108M	159M	91M	62M	91M	54M	9M	-8M	27M	26M
Depreciation & amortization	30M	32M	31M	31M	31M	33M	35M	35M	36M	39M	38M	39M
Stock-based compensation	—	—	—	—	—	—	—	7M	12M	6M	7M	5M
Change in working capital	1M	40M	-70M	54M	42M	9M	-77M	26M	13M	27M	-101M	46M
Operating cash flow	182M	110M	83M	230M	173M	110M	53M	162M	89M	67M	-38M	140M
Capital expenditure	-48M	-64M	-41M	-36M	-44M	-62M	-64M	—	—	—	—	—
Investing cash flow	-41M	-64M	-41M	-36M	-44M	-61M	-64M	—	—	0	—	—
Dividends paid	-17M	-17M	-19M	-18M	-19M	-18M	-20M	-19M	-19M	-20M	-21M	-21M
Share repurchases	0	0	-13M	-102M	-73M	-24M	-61M	0	0	0	0	0
Financing cash flow	-47M	-16M	-39M	-118M	-95M	-40M	-87M	-18M	-19M	-17M	-29M	-18M
Net change in cash	94M	30M	3M	76M	34M	9M	-98M	144M	70M	50M	-67M	122M
Free cash flow	139M	95M	64M	176M	139M	43M	0	94M	5M	-8M	-99M	81M

Date	Ratio
Jun 9, 1993	2:1
Jun 8, 1992	3:2

Louisiana-Pacific Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history