Paper, Lumber & Forest Products
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LPX vs LIN
Revenue, margins, valuation, and 5-year total return — side by side.
Chemicals - Specialty
LPX vs LIN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Paper, Lumber & Forest Products | Chemicals - Specialty |
| Market Cap | $5.06B | $232.56B |
| Revenue (TTM) | $2.56B | $34.66B |
| Net Income (TTM) | $82M | $7.13B |
| Gross Margin | 19.8% | 46.0% |
| Operating Margin | 5.4% | 28.8% |
| Forward P/E | 28.7x | 28.1x |
| Total Debt | $401M | $26.99B |
| Cash & Equiv. | $292M | $5.06B |
LPX vs LIN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Louisiana-Pacific C… (LPX) | 100 | 307.0 | +207.0% |
| Linde plc (LIN) | 100 | 248.0 | +148.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: LPX vs LIN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
LPX is the clearest fit if your priority is income & stability and sleep-well-at-night.
- Dividend streak 8 yrs, beta 1.20, yield 1.5%
- Lower volatility, beta 1.20, Low D/E 23.2%, current ratio 2.78x
- Beta 1.20, yield 1.5%, current ratio 2.78x
LIN carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 3.0%, EPS growth 7.1%, 3Y rev CAGR 0.6%
- 376.9% 10Y total return vs LPX's 332.5%
- 3.0% revenue growth vs LPX's -7.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.0% revenue growth vs LPX's -7.9% | |
| Value | Lower P/E (28.1x vs 28.7x) | |
| Quality / Margins | 20.6% margin vs LPX's 3.2% | |
| Stability / Safety | Beta 0.24 vs LPX's 1.20 | |
| Dividends | 1.5% yield, 8-year raise streak, vs LIN's 1.2% | |
| Momentum (1Y) | +13.6% vs LPX's -18.6% | |
| Efficiency (ROA) | 8.3% ROA vs LPX's 3.1%, ROIC 11.3% vs 10.9% |
LPX vs LIN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
LPX vs LIN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
LIN leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
LIN is the larger business by revenue, generating $34.7B annually — 13.5x LPX's $2.6B. LIN is the more profitable business, keeping 20.6% of every revenue dollar as net income compared to LPX's 3.2%. On growth, LIN holds the edge at +8.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.6B | $34.7B |
| EBITDAEarnings before interest/tax | $246M | $12.1B |
| Net IncomeAfter-tax profit | $82M | $7.1B |
| Free Cash FlowCash after capex | -$7M | $5.1B |
| Gross MarginGross profit ÷ Revenue | +19.8% | +46.0% |
| Operating MarginEBIT ÷ Revenue | +5.4% | +28.8% |
| Net MarginNet income ÷ Revenue | +3.2% | +20.6% |
| FCF MarginFCF ÷ Revenue | -0.3% | +14.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | -20.7% | +8.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -70.0% | +13.4% |
Valuation Metrics
Evenly matched — LPX and LIN each lead in 3 of 6 comparable metrics.
Valuation Metrics
At 34.4x trailing earnings, LIN trades at a 1% valuation discount to LPX's 34.9x P/E. On an enterprise value basis, LPX's 12.8x EV/EBITDA is more attractive than LIN's 20.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $5.1B | $232.6B |
| Enterprise ValueMkt cap + debt − cash | $5.2B | $254.5B |
| Trailing P/EPrice ÷ TTM EPS | 34.85x | 34.40x |
| Forward P/EPrice ÷ next-FY EPS est. | 28.68x | 28.12x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.36x |
| EV / EBITDAEnterprise value multiple | 12.80x | 20.04x |
| Price / SalesMarket cap ÷ Revenue | 1.87x | 6.84x |
| Price / BookPrice ÷ Book value/share | 2.93x | 5.92x |
| Price / FCFMarket cap ÷ FCF | 55.64x | 45.70x |
Profitability & Efficiency
LIN leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
LIN delivers a 17.8% return on equity — every $100 of shareholder capital generates $18 in annual profit, vs $5 for LPX. LPX carries lower financial leverage with a 0.23x debt-to-equity ratio, signaling a more conservative balance sheet compared to LIN's 0.68x. On the Piotroski fundamental quality scale (0–9), LIN scores 6/9 vs LPX's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +4.7% | +17.8% |
| ROA (TTM)Return on assets | +3.1% | +8.3% |
| ROICReturn on invested capital | +10.9% | +11.3% |
| ROCEReturn on capital employed | +11.3% | +13.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.23x | 0.68x |
| Net DebtTotal debt minus cash | $109M | $21.9B |
| Cash & Equiv.Liquid assets | $292M | $5.1B |
| Total DebtShort + long-term debt | $401M | $27.0B |
| Interest CoverageEBIT ÷ Interest expense | 11.67x | 34.52x |
Total Returns (Dividends Reinvested)
LIN leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LIN five years ago would be worth $17,813 today (with dividends reinvested), compared to $11,166 for LPX. Over the past 12 months, LIN leads with a +13.6% total return vs LPX's -18.6%. The 3-year compound annual growth rate (CAGR) favors LIN at 12.4% vs LPX's 6.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -10.9% | +17.3% |
| 1-Year ReturnPast 12 months | -18.6% | +13.6% |
| 3-Year ReturnCumulative with dividends | +19.8% | +41.9% |
| 5-Year ReturnCumulative with dividends | +11.7% | +78.1% |
| 10-Year ReturnCumulative with dividends | +332.5% | +376.9% |
| CAGR (3Y)Annualised 3-year return | +6.2% | +12.4% |
Risk & Volatility
LIN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
LIN is the less volatile stock with a 0.24 beta — it tends to amplify market swings less than LPX's 1.20 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. LIN currently trades 96.3% from its 52-week high vs LPX's 70.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.20x | 0.24x |
| 52-Week HighHighest price in past year | $102.86 | $521.28 |
| 52-Week LowLowest price in past year | $66.68 | $387.78 |
| % of 52W HighCurrent price vs 52-week peak | +70.5% | +96.3% |
| RSI (14)Momentum oscillator 0–100 | 40.9 | 50.6 |
| Avg Volume (50D)Average daily shares traded | 989K | 2.3M |
Analyst Outlook
LPX leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates LPX as "Buy" and LIN as "Buy". Consensus price targets imply 40.7% upside for LPX (target: $102) vs 7.5% for LIN (target: $540). For income investors, LPX offers the higher dividend yield at 1.54% vs LIN's 1.20%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $102.00 | $539.71 |
| # AnalystsCovering analysts | 23 | 28 |
| Dividend YieldAnnual dividend ÷ price | +1.5% | +1.2% |
| Dividend StreakConsecutive years of raises | 8 | 6 |
| Dividend / ShareAnnual DPS | $1.11 | $6.00 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.2% | +2.0% |
LIN leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). LPX leads in 1 (Analyst Outlook). 1 tied.
LPX vs LIN: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is LPX or LIN a better buy right now?
For growth investors, Linde plc (LIN) is the stronger pick with 3.
0% revenue growth year-over-year, versus -7. 9% for Louisiana-Pacific Corporation (LPX). Linde plc (LIN) offers the better valuation at 34. 4x trailing P/E (28. 1x forward), making it the more compelling value choice. Analysts rate Louisiana-Pacific Corporation (LPX) a "Buy" — based on 23 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — LPX or LIN?
On trailing P/E, Linde plc (LIN) is the cheapest at 34.
4x versus Louisiana-Pacific Corporation at 34. 9x. On forward P/E, Linde plc is actually cheaper at 28. 1x.
03Which is the better long-term investment — LPX or LIN?
Over the past 5 years, Linde plc (LIN) delivered a total return of +78.
1%, compared to +11. 7% for Louisiana-Pacific Corporation (LPX). Over 10 years, the gap is even starker: LIN returned +376. 9% versus LPX's +332. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — LPX or LIN?
By beta (market sensitivity over 5 years), Linde plc (LIN) is the lower-risk stock at 0.
24β versus Louisiana-Pacific Corporation's 1. 20β — meaning LPX is approximately 399% more volatile than LIN relative to the S&P 500. On balance sheet safety, Louisiana-Pacific Corporation (LPX) carries a lower debt/equity ratio of 23% versus 68% for Linde plc — giving it more financial flexibility in a downturn.
05Which is growing faster — LPX or LIN?
By revenue growth (latest reported year), Linde plc (LIN) is pulling ahead at 3.
0% versus -7. 9% for Louisiana-Pacific Corporation (LPX). On earnings-per-share growth, the picture is similar: Linde plc grew EPS 7. 1% year-over-year, compared to -64. 7% for Louisiana-Pacific Corporation. Over a 3-year CAGR, LIN leads at 0. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — LPX or LIN?
Linde plc (LIN) is the more profitable company, earning 20.
3% net margin versus 5. 4% for Louisiana-Pacific Corporation — meaning it keeps 20. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LIN leads at 26. 3% versus 9. 6% for LPX. At the gross margin level — before operating expenses — LIN leads at 43. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is LPX or LIN more undervalued right now?
On forward earnings alone, Linde plc (LIN) trades at 28.
1x forward P/E versus 28. 7x for Louisiana-Pacific Corporation — 0. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for LPX: 40. 7% to $102. 00.
08Which pays a better dividend — LPX or LIN?
All stocks in this comparison pay dividends.
Louisiana-Pacific Corporation (LPX) offers the highest yield at 1. 5%, versus 1. 2% for Linde plc (LIN).
09Is LPX or LIN better for a retirement portfolio?
For long-horizon retirement investors, Linde plc (LIN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
24), 1. 2% yield, +376. 9% 10Y return). Both have compounded well over 10 years (LIN: +376. 9%, LPX: +332. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between LPX and LIN?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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