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LPX logoLouisiana-Pacific Corporation(LPX)Earnings, Financials & Key Ratios

LPX•NYSE
$69.75
$5.93B mkt cap·33.5× P/E·Price updated May 6, 2026
SectorBasic MaterialsIndustryPaper & Forest ProductsSub-IndustryLumber and wood building products
AboutLouisiana-Pacific Corporation, together with its subsidiaries, manufactures and markets building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: Siding; Oriented Strand Board (OSB); Engineered Wood Products (EWP); and South America. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products. The OSB segment manufactures and distributes OSB structural panel products comprising LP TechShield radiant barriers, LP WeatherLogic air and water barriers, LP Legacy premium sub-flooring products, LP FlameBlock fire-rated sheathing products, and LP TopNotch sub-flooring products. The EWP segment provides laminated veneer lumber and other related products; and LP SolidStart I-joists, which are primarily used in residential and commercial floorings, roofing systems, and other structural applications. The South America segment manufactures and distributes OSB structural panel and siding products. This segment also distributes and sells related products for the region's transition to wood frame construction. It also offers timber and timberlands and other products and services. The company sells its products primarily to retailers, wholesalers, and homebuilding and industrial businesses in North America and South America, Asia, Australia, and Europe. Louisiana-Pacific Corporation was incorporated in 1972 and is headquartered in Nashville, Tennessee.Show more
  • Revenue$2.71B-7.9%
  • EBITDA$405M-38.2%
  • Net Income$146M-65.2%
  • EPS (Diluted)2.08-64.7%
  • Gross Margin21.75%-23.0%
  • EBITDA Margin14.96%-32.8%
  • Operating Margin9.6%-46.7%
  • Net Margin5.39%-62.2%
  • ROE8.58%-67.0%
  • ROIC10.98%-52.7%
  • Debt/Equity0.23+1.9%
  • Interest Coverage17.33-54.2%
Technical→

LPX Key Insights

Louisiana-Pacific Corporation (LPX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Good 3Y average ROE of 15.5%
  • ✓Healthy 5Y average net margin of 18.0%
  • ✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

  • ✗Profits declining 21.8% over 5 years
  • ✗Weak momentum: RS Rating 20 (bottom 20%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

LPX Price & Volume

Louisiana-Pacific Corporation (LPX) stock price & volume — 10-year historical chart

Loading chart...

LPX Growth Metrics

Louisiana-Pacific Corporation (LPX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years3.65%
5 Years2.45%
3 Years-11.1%
TTM-7.86%

Profit CAGR

10 Years-
5 Years-21.79%
3 Years-48.77%
TTM-65.24%

EPS CAGR

10 Years-
5 Years-14.15%
3 Years-44.09%
TTM-64.33%

Return on Capital

10 Years30.64%
5 Years41.96%
3 Years16.36%
Last Year11.32%

LPX Recent Earnings

Louisiana-Pacific Corporation (LPX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 7/12 qtrs (58%)
Q1 2026Latest
Feb 17, 2026
EPS
$0.03
Est $0.06
+150.0%
Revenue
$567M
Est $588M
-3.6%
Q4 2025
Nov 5, 2025
EPS
$0.36
Est $0.37
-2.7%
Revenue
$663M
Est $594M
+11.7%
Q3 2025
Aug 6, 2025
EPS
$0.99
Est $0.97
+2.1%
Revenue
$755M
Est $721M
+4.6%
Q2 2025
May 6, 2025
EPS
$1.27
Est $1.13
+12.4%
Revenue
$724M
Est $776M
-6.8%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 17, 2026
$0.03vs $0.06+150.0%
$567Mvs $588M-3.6%
Q4 2025Nov 5, 2025
$0.36vs $0.37-2.7%
$663Mvs $594M+11.7%
Q3 2025Aug 6, 2025
$0.99vs $0.97+2.1%
$755Mvs $721M+4.6%
Q2 2025May 6, 2025
$1.27vs $1.13+12.4%
$724Mvs $776M-6.8%
Based on last 12 quarters of dataView full earnings history →

LPX Peer Comparison

Louisiana-Pacific Corporation (LPX) competitors in Lumber and wood building products — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
WFG logoWFGWest Fraser Timber Co. Ltd.Direct Competitor4.54B59.71-4.9023.51%-25.15%-19.85%0.06
UFPI logoUFPIUFP Industries, Inc.Direct Competitor4.69B82.5416.51-4.99%4.27%8.41%5.89%0.07
BXC logoBXCBlueLinx Holdings Inc.Direct Competitor363.39M46.191673.550.05%-0.14%-0.65%9.04%1.09
WY logoWYWeyerhaeuser CompanyProduct Competitor17.09B23.7052.67-3.07%5.74%4.2%0.52%0.59
PCH logoPCHPotlatchDeltic CorporationProduct Competitor3.23B41.73149.043.71%5.76%3.26%2.09%0.51
RYN logoRYNRayonier Inc.Product Competitor6.26B20.7044.04-61.64%70.94%33.36%0.38
TREX logoTREXTrex Company, Inc.Product Competitor4B37.5921.121.98%16.22%19.16%3.36%0.22
AWI logoAWIArmstrong World Industries, Inc.Product Competitor7.02B164.3823.2212.11%18.59%34.81%3.51%0.59

Compare LPX vs Peers

Louisiana-Pacific Corporation (LPX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WFG

Most directly comparable listed peer for LPX.

Scale Benchmark

vs HD

Larger-name benchmark to compare LPX against a more recognizable public peer.

Peer Set

Compare Top 5

vs WFG, UFPI, BXC, WY

LPX Income Statement

Louisiana-Pacific Corporation (LPX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue2.73B2.83B2.31B2.4B3.92B3.85B2.58B2.94B2.71B
Revenue Growth %22.41%3.44%-18.32%3.85%63.19%-1.56%-33.03%13.95%-7.92%
Cost of Goods Sold1.88B2.08B2.01B1.57B1.95B2.35B1.99B2.11B2.12B
COGS % of Revenue68.84%73.69%86.88%65.28%49.86%61.11%77.02%71.74%78.25%
Gross Profit
851.9M▲ 0%
744M▼ 12.7%
303M▼ 59.3%
833M▲ 174.9%
1.96B▲ 135.7%
1.5B▼ 23.6%
593M▼ 60.4%
831M▲ 40.1%
589M▼ 29.1%
Gross Margin %31.16%26.31%13.12%34.72%50.14%38.89%22.98%28.26%21.75%
Gross Profit Growth %67.24%-12.67%-59.27%174.92%135.65%-23.64%-60.44%40.13%-29.12%
Operating Expenses321.7M207.1M323M218M229M249M306M301M329M
OpEx % of Revenue11.77%7.32%13.98%9.09%5.85%6.46%11.86%10.23%12.15%
Selling, General & Admin190.4M209M230M196M224M270M257M291M329M
SG&A % of Revenue6.96%7.39%9.96%8.17%5.72%7.01%9.96%9.89%12.15%
Research & Development00000001M0
R&D % of Revenue-------0.03%-
Other Operating Expenses1M-3.9M93M22M5M-21M49M9M0
Operating Income
523.4M▲ 0%
526.1M▲ 0.5%
-20M▼ 103.8%
615M▲ 3175.0%
1.73B▲ 182.0%
1.25B▼ 27.9%
287M▼ 77.0%
530M▲ 84.7%
260M▼ 50.9%
Operating Margin %19.14%18.6%-0.87%25.64%44.29%32.43%11.12%18.02%9.6%
Operating Income Growth %156.57%0.52%-103.8%3175%181.95%-27.91%-77.04%84.67%-50.94%
EBITDA646.7M646.1M103M722M1.85B1.38B406M655M405M
EBITDA Margin %23.65%22.85%4.46%30.1%47.2%35.78%15.73%22.27%14.96%
EBITDA Growth %104.14%-0.09%-84.06%600.97%155.96%-25.38%-70.56%61.33%-38.17%
D&A (Non-Cash Add-back)123.3M120M123M107M114M129M119M125M145M
EBIT529.5M539M-6M646M1.74B1.23B261M534M260M
Net Interest Income-8.8M1.8M-10M-17M-13M3M4M8M1M
Interest Income10.5M17.6M7M2M1M14M18M22M16M
Interest Expense19.3M15.8M17M19M14M11M14M14M15M
Other Income/Expense-13.2M-2M-3M-9M-30M-91M-35M30M-64M
Pretax Income
510.2M▲ 0%
524M▲ 2.7%
-23M▼ 104.4%
606M▲ 2734.8%
1.7B▲ 181.2%
1.16B▼ 32.0%
252M▼ 78.3%
560M▲ 122.2%
196M▼ 65.0%
Pretax Margin %18.66%18.53%-1%25.26%43.52%30.07%9.76%19.04%7.24%
Income Tax119.1M122.3M-13M121M402M274M74M140M50M
Effective Tax Rate %23.34%23.34%56.52%19.97%23.59%23.64%29.37%25%25.51%
Net Income
389.8M▲ 0%
394.6M▲ 1.2%
-5M▼ 101.3%
499M▲ 10080.0%
1.38B▲ 176.0%
1.09B▼ 21.1%
178M▼ 83.6%
420M▲ 136.0%
146M▼ 65.2%
Net Margin %14.26%13.95%-0.22%20.8%35.17%28.18%6.9%14.28%5.39%
Net Income Growth %160.21%1.23%-101.27%10080%175.95%-21.13%-83.61%135.96%-65.24%
Net Income (Continuing)391.1M401.7M-10M485M1.3B885M178M420M146M
Discontinued Operations0-4.2M012M71M198M000
Minority Interest0010M10M4M0000
EPS (Diluted)
2.66▲ 0%
2.73▲ 2.6%
-0.08▼ 103.0%
4.46▲ 5585.9%
14.05▲ 215.0%
11.90▼ 15.3%
2.47▼ 79.2%
5.89▲ 138.5%
2.08▼ 64.7%
EPS Growth %158.25%2.63%-102.98%5585.85%215.02%-15.3%-79.24%138.46%-64.69%
EPS (Basic)2.702.76-0.084.5014.2011.902.475.912.09
Diluted Shares Outstanding146M144.4M123M112M98M78M72M71M70M
Basic Shares Outstanding144M143M123M111M97M78M72M71M70M
Dividend Payout Ratio-18.85%-13.03%4.79%6.35%38.76%17.62%53.42%

LPX Balance Sheet

Louisiana-Pacific Corporation (LPX) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets1.36B1.29B619M993M890M854M778M855M810M
Cash & Short-Term Investments928M878.4M181M535M358M369M222M340M292M
Cash Only928M878.4M181M535M358M369M222M340M292M
Short-Term Investments000000000
Accounts Receivable142.5M127.6M164M184M169M128M155M132M127M
Days Sales Outstanding19.0216.4725.912815.7612.1221.9216.3817.12
Inventory259.1M273M265M259M277M336M378M358M363M
Days Inventory Outstanding50.2547.8148.1960.3751.852.0869.461.9362.53
Other Current Assets000068M21M23M25M28M
Total Non-Current Assets1.09B1.23B1.22B1.09B1.3B1.5B1.66B1.71B1.82B
Property, Plant & Equipment926.1M1.01B1.01B958M1.09B1.37B1.56B1.62B1.73B
Fixed Asset Turnover2.95x2.80x2.29x2.50x3.59x2.81x1.65x1.82x1.56x
Goodwill16.1M16M025M19M19M19M19M19M
Intangible Assets10.6M10M50M56M49M45M32M30M16M
Long-Term Investments7.8M49M10M11M7M6M5M17M17M
Other Non-Current Assets125.8M138M146M42M137M50M27M26M25M
Total Assets
2.45B▲ 0%
2.51B▲ 2.7%
1.83B▼ 27.0%
2.09B▲ 13.7%
2.19B▲ 5.2%
2.35B▲ 7.1%
2.44B▲ 3.7%
2.57B▲ 5.4%
2.63B▲ 2.3%
Asset Turnover1.12x1.12x1.26x1.15x1.78x1.64x1.06x1.14x1.03x
Asset Growth %20.54%2.68%-27.01%13.68%5.18%7.11%3.7%5.42%2.26%
Total Current Liabilities270.1M302M281M295M360M343M274M312M291M
Accounts Payable88.8M116M127M125M180M178M141M139M129M
Days Payables Outstanding17.2220.3223.129.1333.6627.5925.8924.0522.22
Short-Term Debt25.1M5M0000009M
Deferred Revenue (Current)000000000
Other Current Liabilities12.4M42M39M10M43M7M15M13M64M
Current Ratio5.03x4.26x2.20x3.37x2.47x2.49x2.84x2.74x2.78x
Quick Ratio4.07x3.36x1.26x2.49x1.70x1.51x1.46x1.59x1.54x
Cash Conversion Cycle52.0543.9751.0159.2333.8936.6165.4354.2757.42
Total Non-Current Liabilities573.9M512M553M547M595M573M606M586M604M
Long-Term Debt350.8M347M347M348M346M346M347M348M370M
Capital Lease Obligations0037M33M44M41M25M24M22M
Deferred Tax Liabilities33.4M62.2M73M78M86M113M162M145M177M
Other Non-Current Liabilities189.7M103M96M88M119M73M72M69M35M
Total Liabilities844M813.9M834M842M955M916M880M898M895M
Total Debt375.9M352M392M389M397M395M378M380M401M
Net Debt-552.1M-526M211M-146M39M26M156M40M109M
Debt / Equity0.23x0.21x0.39x0.31x0.32x0.28x0.24x0.23x0.23x
Debt / EBITDA0.58x0.54x3.81x0.54x0.21x0.29x0.93x0.58x0.99x
Net Debt / EBITDA-0.85x-0.81x2.05x-0.20x0.02x0.02x0.38x0.06x0.27x
Interest Coverage27.12x33.30x-1.18x32.37x123.86x113.64x20.50x37.86x17.33x
Total Equity
1.6B▲ 0%
1.7B▲ 6.0%
1B▼ 41.1%
1.24B▲ 24.3%
1.24B▼ 0.4%
1.43B▲ 15.7%
1.56B▲ 8.6%
1.67B▲ 7.3%
1.73B▲ 3.6%
Equity Growth %34.19%5.96%-41.12%24.28%-0.4%15.74%8.58%7.32%3.59%
Book Value per Share10.9911.778.1411.1112.6418.3821.6323.5424.73
Total Shareholders' Equity1.6B1.7B991M1.23B1.24B1.43B1.56B1.67B1.73B
Common Stock153.4M153.4M130M124M102M88M88M86M85M
Retained Earnings1.28B1.61B966M1.21B1.24B1.37B1.48B1.61B1.62B
Treasury Stock-177.5M-377.6M-406M-397M-390M-388M-386M-386M-385M
Accumulated OCI-122.1M-146.4M-153M-151M-174M-99M-89M-122M-98M
Minority Interest0010M10M4M0000

LPX Cash Flow Statement

Louisiana-Pacific Corporation (LPX) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations473.7M510.5M159M659M1.48B1.14B316M605M382M
Operating CF Margin %17.33%18.05%6.88%27.47%37.91%29.68%12.24%20.57%14.11%
Operating CF Growth %38.39%7.77%-68.85%314.47%125.19%-22.91%-72.38%91.46%-36.86%
Net Income390M395M-10M497M1.37B1.08B178M420M146M
Depreciation & Amortization123.3M120M123M111M119M132M119M126M145M
Stock-Based Compensation9.7M8.6M00000030M
Deferred Taxes1M27M10M2M7M1M44M-4M24M
Other Non-Cash Items8.3M-21.6M96M34M29M-42M103M14M65M
Working Capital Changes-58M-18M-60M15M-44M-30M-128M49M-28M
Change in Receivables-35M3.4M-21M-53M-14M22M-8M3M9M
Change in Inventory-22.7M-1.9M3M-12M-71M-66M-46M9M-18M
Change in Payables22.5M-20.7M-4M30M46M15M-40M23M-2M
Cash from Investing-198.6M-238.2M-137M-49M-247M-146M-376M-183M-291M
Capital Expenditures-149M-214M-163M-77M-254M-414M-300M-183M-291M
CapEx % of Revenue5.45%7.57%7.06%3.21%6.49%10.74%11.62%6.22%10.75%
Acquisitions-21M-45M27M15M0268M0-17M0
Investments---------
Other Investing-29M21M-1M13M7M0-76M17M0
Cash from Financing-9.4M-317M-717M-272M-1.39B-982M-77M-292M-141M
Debt Issued (Net)-3M-24.7M-5M0-9M0000
Equity Issued (Net)0-1000K-1000K-1000K-1000K-1000K0-1000K-1000K
Dividends Paid0-74.4M-65M-65M-66M-69M-69M-74M-78M
Share Repurchases-400K-212M-638M-200M-1.3B-900M0-212M-61M
Other Financing-6M-6.1M-9M-7M-13M-13M-8M-6M-2M
Net Change in Cash
268.7M▲ 0%
-49.6M▼ 118.5%
-697.4M▼ 1306.0%
354M▲ 150.8%
-177M▼ 150.0%
11M▲ 106.2%
-147M▼ 1436.4%
118M▲ 180.3%
-48M▼ 140.7%
Free Cash Flow
325.1M▲ 0%
296.3M▼ 8.9%
-4M▼ 101.3%
582M▲ 14650.0%
1.23B▲ 111.3%
730M▼ 40.7%
16M▼ 97.8%
422M▲ 2537.5%
91M▼ 78.4%
FCF Margin %11.89%10.48%-0.17%24.26%31.42%18.94%0.62%14.35%3.36%
FCF Growth %49.47%-8.86%-101.35%14650%111.34%-40.65%-97.81%2537.5%-78.44%
FCF per Share2.232.05-0.035.2012.559.360.225.941.30
FCF Conversion (FCF/Net Income)1.22x1.29x-31.80x1.32x1.08x1.05x1.78x1.44x2.62x
Interest Paid12M1M13M18M16M14M15M14M0
Taxes Paid143M90M20M70M421M320M65M124M0

LPX Key Ratios

Louisiana-Pacific Corporation (LPX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)13.54%27.84%23.88%-0.37%44.45%110.91%81.26%11.9%26.02%8.58%
Return on Invested Capital (ROIC)13.6%39.94%35.45%-1.26%39.94%109.47%68.48%13.57%23.22%10.98%
Gross Margin22.81%31.16%26.31%13.12%34.72%50.14%38.89%22.98%28.26%21.75%
Net Margin6.71%14.26%13.95%-0.22%20.8%35.17%28.18%6.9%14.28%5.39%
Debt / Equity0.32x0.23x0.21x0.39x0.31x0.32x0.28x0.24x0.23x0.23x
Interest Coverage6.36x27.12x33.30x-1.18x32.37x123.86x113.64x20.50x37.86x17.33x
FCF Conversion2.29x1.22x1.29x-31.80x1.32x1.08x1.05x1.78x1.44x2.62x
Revenue Growth18.01%22.41%3.44%-18.32%3.85%63.19%-1.56%-33.03%13.95%-7.92%

LPX SEC Filings & Documents

Louisiana-Pacific Corporation (LPX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Feb 17, 2026·SEC

Material company update

Feb 13, 2026·SEC

Material company update

Jan 28, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 17, 2026·SEC

FY 2025

Feb 19, 2025·SEC

FY 2024

Feb 14, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

FY 2025

May 6, 2025·SEC

LPX Frequently Asked Questions

Louisiana-Pacific Corporation (LPX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Louisiana-Pacific Corporation (LPX) reported $2.71B in revenue for fiscal year 2025. This represents a 9% increase from $2.49B in 1996.

Louisiana-Pacific Corporation (LPX) saw revenue decline by 7.9% over the past year.

Yes, Louisiana-Pacific Corporation (LPX) is profitable, generating $146.0M in net income for fiscal year 2025 (5.4% net margin).

Dividend & Returns

Yes, Louisiana-Pacific Corporation (LPX) pays a dividend with a yield of 1.60%. This makes it attractive for income-focused investors.

Louisiana-Pacific Corporation (LPX) has a return on equity (ROE) of 8.6%. This is below average, suggesting room for improvement.

Louisiana-Pacific Corporation (LPX) generated $92.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More LPX

Louisiana-Pacific Corporation (LPX) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

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Dividend History

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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