NASDAQ : UFPI
UFP Industries, Inc. — Financial statements
Materials · Lumber & Wood Production · United States
Last price 81.53 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.49B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
UFP Industries, Inc. (UFPI) reported revenue of 6.41B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 6.41B | 6.32B | 6.65B | 7.22B | 9.63B | 8.64B |
| Cost of Revenue | 5.42B | 5.26B | 5.43B | 5.80B | 7.84B | 7.23B |
| Gross Profit | 987.58M | 1.06B | 1.23B | 1.42B | 1.79B | 1.41B |
| Selling, General & Admin | 698.42M | 693.01M | 735.05M | 766.63M | 832.08M | 682.25M |
| Other Operating Expenses | 2.04M | 2.11M | -6.70M | 6.03M | 1.65M | -12.84M |
| Operating Expenses | 700.46M | 695.12M | 728.34M | 772.66M | 833.73M | 669.41M |
| Operating Income | 287.12M | 365.03M | 498.40M | 646.27M | 955.73M | 737.55M |
| Interest Expense | -10.92M | -10.92M | -12.71M | -12.84M | -13.91M | -13.81M |
| Interest & Investment Income | 30.63M | 38.55M | 60.53M | 39.92M | 725.00K | 6.50M |
| Earnings From Equity Investments | 709.00K | 709.00K | 89.00K | -2.37M | -2.18M | -3.90M |
| EBT Excluding Unusual Items | 307.54M | 393.37M | 546.31M | 670.98M | 940.36M | 726.34M |
| Impairment of Goodwill | -2.50M | |||||
| Gain (Loss) on Sale of Assets | 7.67M | -728.00K | -678.00K | 260.00K | -1.28M | |
| Asset Writedown | -51.00K | -2.40M | -5.48M | -1.76M | ||
| Pretax Income | 317.16M | 392.24M | 540.15M | 671.24M | 934.82M | 726.34M |
| Income Tax Expense | 84.10M | 96.25M | 121.42M | 156.78M | 229.85M | 173.97M |
| Earnings From Continuing Operations | 233.06M | 295.99M | 418.73M | 514.46M | 704.96M | 552.36M |
| Minority Interest in Earnings | -1.49M | -1.20M | -4.17M | -145.00K | -12.31M | -16.72M |
| Net Income | 231.57M | 294.79M | 414.56M | 514.31M | 692.65M | 535.64M |
| Preferred Dividends & Other Adjustments | 11.09M | 11.09M | 16.10M | 25.14M | 27.49M | 17.34M |
| Net Income to Common | 220.48M | 283.70M | 398.46M | 489.17M | 665.16M | 518.30M |
| Shares Outstanding (Basic) | 54.03M | 56.68M | 58.75M | 59.62M | 60.18M | 60.20M |
| Shares Outstanding (Diluted) | 54.04M | 56.80M | 58.88M | 60.64M | 60.65M | 60.35M |
| EPS (Basic) | 4.08 | 5.00 | 6.78 | 8.20 | 11.05 | 8.61 |
| EPS (Diluted) | 4.08 | 5.00 | 6.77 | 8.07 | 10.97 | 8.59 |
| Free Cash Flow | 194.54M | 276.36M | 410.30M | 779.51M | 657.44M | 361.31M |
| Free Cash Flow Per Share | 3.60 | 4.87 | 6.97 | 12.86 | 10.84 | 5.99 |
| Dividend Per Share | 1.43 | 1.40 | 1.32 | 1.10 | 0.95 | 0.65 |
| Gross Margin | 15.41% | 16.77% | 18.44% | 19.66% | 18.59% | 16.29% |
| Operating Margin | 4.48% | 5.78% | 7.49% | 8.95% | 9.93% | 8.54% |
| Profit Margin | 3.44% | 4.49% | 5.99% | 6.78% | 6.91% | 6.00% |
| Free Cash Flow Margin | 3.04% | 4.37% | 6.17% | 10.80% | 6.83% | 4.18% |
| EBITDA | 458.65M | 526.08M | 646.56M | 778.16M | 1.07B | 835.69M |
| EBITDA Margin | 7.16% | 8.32% | 9.72% | 10.78% | 11.11% | 9.68% |
| D&A For EBITDA | 171.53M | 161.05M | 148.16M | 131.89M | 113.56M | 98.13M |
| EBIT | 287.12M | 365.03M | 498.40M | 646.27M | 955.73M | 737.55M |
| EBIT Margin | 4.48% | 5.78% | 7.49% | 8.95% | 9.93% | 8.54% |
| Effective Tax Rate | 26.52% | 24.54% | 22.48% | 23.36% | 24.59% | 23.95% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 677.45M | 914.20M | 1.17B | 1.12B | 559.40M | 286.66M |
| Short-Term Investments | 47.53M | 34.37M | 31.09M | 34.74M | 36.01M | 36.49M |
| Cash & Short-Term Investments | 724.97M | 948.57M | 1.20B | 1.15B | 595.41M | 323.16M |
| Accounts Receivable | 684.64M | 480.94M | 508.40M | 553.07M | 624.40M | 743.41M |
| Other Receivables | 38.37M | 20.59M | 29.33M | 33.13M | 4.81M | |
| Receivables | 684.64M | 519.31M | 528.99M | 582.40M | 657.53M | 748.21M |
| Inventory | 747.53M | 722.02M | 720.82M | 727.79M | 973.23M | 963.32M |
| Restricted Cash | 1.09M | 10.87M | 7.77M | 3.93M | 226.00K | 4.56M |
| Other Current Assets | 98.93M | 67.88M | 42.53M | 34.90M | 35.72M | 34.23M |
| Total Current Assets | 2.26B | 2.27B | 2.50B | 2.50B | 2.26B | 2.07B |
| Property, Plant & Equipment | 1.07B | 1.11B | 1.01B | 880.35M | 796.50M | 685.72M |
| Long-Term Investments | 52.70M | |||||
| Goodwill | 343.92M | 339.84M | 336.31M | 337.32M | 315.04M | |
| Other Intangible Assets | 477.05M | 140.95M | 159.80M | 182.54M | 151.23M | 116.39M |
| Long-Term Deferred Tax Assets | 8.03M | 5.26M | 4.23M | 3.75M | 3.46M | |
| Other Long-Term Assets | 328.81M | 100.27M | 137.55M | 112.28M | 121.16M | 51.19M |
| Total Assets | 4.13B | 4.02B | 4.15B | 4.02B | 3.67B | 3.25B |
| Accounts Payable | 279.77M | 205.93M | 224.66M | 203.06M | 206.94M | 319.12M |
| Accrued Expenses | 299.15M | 255.43M | 249.31M | 289.56M | 366.19M | 363.31M |
| Short-Term Debt | 17.03M | |||||
| Current Portion of Long-Term Debt | 5.25M | 899.00K | 4.12M | 42.90M | 2.94M | 42.68M |
| Current Portion of Leases | 28.00M | 27.87M | 22.98M | 25.58M | 23.16M | |
| Current Unearned Revenue | 3.96M | 6.48M | 9.49M | 10.18M | 10.74M | |
| Total Current Liabilities | 584.17M | 494.22M | 512.45M | 567.98M | 611.84M | 776.04M |
| Long-Term Debt | 229.11M | 228.86M | 229.83M | 233.53M | 275.15M | 277.57M |
| Long-Term Leases | 99.08M | 95.09M | 84.89M | 85.42M | 76.63M | |
| Pension & Post-Retirement Benefits | 17.00M | 16.90M | 15.50M | 14.80M | 13.10M | |
| Long-Term Deferred Tax Liabilities | 83.20M | 31.24M | 45.25M | 51.27M | 60.96M | |
| Other Long-Term Liabilities | 264.60M | 11.82M | 15.43M | 20.43M | 29.90M | 24.40M |
| Total Liabilities | 1.08B | 934.19M | 900.95M | 967.58M | 1.07B | 1.23B |
| Common Stock | 3.06B | 56.59M | 60.72M | 61.62M | 61.62M | 61.90M |
| Additional Paid-In Capital | 444.83M | 403.38M | 354.70M | 294.03M | 244.00M | |
| Retained Earnings | 2.56B | 2.78B | 2.58B | 2.22B | 1.68B | |
| Comprehensive Income & Other | 1.56M | -15.31M | 1.11M | -9.07M | -5.41M | |
| Total Common Equity | 3.06B | 3.06B | 3.22B | 3.00B | 2.56B | 1.98B |
| Minority Interest | 26.35M | 25.92M | 50.46M | 39.72M | 37.96M | |
| Shareholders' Equity | 3.06B | 3.09B | 3.25B | 3.05B | 2.60B | 2.02B |
| Total Liabilities & Equity | 4.13B | 4.02B | 4.15B | 4.02B | 3.67B | 3.25B |
| Total Debt | 234.36M | 356.84M | 356.92M | 384.30M | 389.09M | 437.07M |
| Net Cash (Debt) | 490.61M | 591.73M | 846.00M | 768.78M | 206.32M | -113.91M |
| Net Cash Per Share | 9.08 | 10.42 | 14.37 | 12.68 | 3.40 | -1.89 |
| Filing Date Shares Outstanding | 55.20M | 56.59M | 60.66M | 61.62M | 61.63M | 61.91M |
| Total Common Shares Outstanding | 55.20M | 56.59M | 60.72M | 61.62M | 61.62M | 61.90M |
| Working Capital | 1.67B | 1.77B | 1.99B | 1.93B | 1.65B | 1.30B |
| Book Value Per Share | 55.36 | 54.11 | 53.09 | 48.68 | 41.61 | 31.96 |
| Tangible Book Value | 2.58B | 2.58B | 2.72B | 2.48B | 2.08B | 1.55B |
| Tangible Book Value Per Share | 46.72 | 45.55 | 44.87 | 40.26 | 33.68 | 24.99 |
| Land | 223.16M | 200.73M | 185.19M | 171.73M | 163.29M | |
| Buildings | 475.63M | 430.80M | 400.23M | 355.23M | 329.70M | |
| Machinery | 1.10B | 1.01B | 911.15M | 731.28M | 656.93M | |
| Construction In Progress | 136.85M | 105.99M | 62.73M | 121.73M | 62.20M | |
| Order Backlog | 102.50M | 116.30M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 231.57M | 294.79M | 414.56M | 514.31M | 692.65M | 535.64M |
| Depreciation & Amortization | 171.53M | 161.05M | 148.16M | 131.89M | 113.56M | 98.13M |
| Loss (Gain) From Sale of Assets | -7.67M | 728.00K | 678.00K | -260.00K | 1.28M | -11.99M |
| Asset Writedown & Restructuring Costs | 51.00K | 2.40M | 5.48M | 4.26M | ||
| Loss (Gain) From Sale of Investments | 6.02M | 4.07M | -1.22M | -2.44M | 5.77M | -4.12M |
| Loss (Gain) on Equity Investments | -2.70M | -709.00K | -89.00K | 2.37M | 2.18M | 3.90M |
| Stock-Based Compensation | 32.14M | 37.79M | 38.16M | 34.90M | 28.16M | 11.22M |
| Other Operating Activities | 48.87M | 48.80M | -13.67M | -8.61M | -3.98M | 22.38M |
| Change in Accounts Receivable | -66.88M | 27.46M | 47.07M | 81.66M | 130.70M | -85.44M |
| Change in Inventory | -55.14M | 7.29M | 6.36M | 250.56M | 718.00K | -260.30M |
| Change in Accounts Payable | 40.58M | -20.19M | 22.39M | -3.58M | -137.91M | 78.06M |
| Change in Other Net Operating Assets | -17.24M | -17.75M | -25.32M | -40.92M | -5.84M | 124.99M |
| Operating Cash Flow | 381.13M | 545.74M | 642.57M | 959.89M | 831.57M | 512.48M |
| Capital Expenditures | -186.59M | -269.38M | -232.27M | -180.38M | -174.12M | -151.17M |
| Sale of Property, Plant & Equipment | 33.35M | 31.47M | 11.50M | 3.29M | 3.81M | 29.97M |
| Cash Acquisitions | -123.10M | -17.63M | -29.83M | -52.38M | -180.15M | -475.96M |
| Investment in Securities | -18.57M | -18.81M | -24.55M | 129.00K | -7.00M | -8.91M |
| Other Investing Activities | 2.77M | 1.10M | 4.41M | -10.82M | 3.54M | -5.12M |
| Investing Cash Flow | -292.13M | -273.24M | -270.75M | -240.16M | -353.94M | -611.19M |
| Long-Term Debt Issued | 34.43M | 29.91M | 28.46M | 605.10M | 892.07M | |
| Long-Term Debt Repaid | -38.13M | -78.56M | -30.15M | -646.27M | -888.70M | |
| Net Debt Issued (Repaid) | 339.00K | -3.71M | -48.65M | -1.69M | -41.17M | 3.38M |
| Issuance of Common Stock | 2.43M | 2.47M | 2.81M | 2.75M | 2.77M | 2.12M |
| Repurchase of Common Stock | -334.79M | -442.62M | -158.96M | -82.15M | -95.77M | |
| Common Dividends Paid | -80.06M | -82.35M | -80.78M | -68.24M | -58.86M | -40.21M |
| Other Financing Activities | -11.14M | -3.94M | -21.55M | -13.53M | -17.18M | -10.29M |
| Financing Cash Flow | -423.22M | -530.14M | -307.12M | -162.86M | -210.21M | -45.01M |
| Foreign Exchange Rate Adjustments | 1.07M | 3.12M | -7.36M | 5.77M | 979.00K | -1.67M |
| Net Cash Flow | -333.15M | -254.52M | 57.34M | 562.63M | 268.40M | -145.38M |
| Free Cash Flow | 194.54M | 276.36M | 410.30M | 779.51M | 657.44M | 361.31M |
| Free Cash Flow Margin | 3.04% | 4.37% | 6.17% | 10.80% | 6.83% | 4.18% |
| Free Cash Flow Per Share | 3.60 | 4.87 | 6.97 | 12.86 | 10.84 | 5.99 |
| Levered Free Cash Flow | 84.61M | 117.39M | 286.87M | 620.67M | 531.99M | -14.47M |
| Unlevered Free Cash Flow | 91.43M | 124.21M | 294.81M | 628.70M | 540.68M | -5.84M |
| Cash Interest Paid | 10.91M | 10.91M | 12.76M | 12.74M | 13.95M | 14.08M |
| Cash Income Tax Paid | 63.72M | 63.72M | 128.12M | 158.15M | 274.62M | 167.04M |
| Change in Working Capital | -98.68M | -3.19M | 50.50M | 287.72M | -12.32M | -142.69M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.51B | 5.32B | 6.81B | 7.76B | 4.88B | 5.43B |
| Enterprise Value | 4.02B | 4.68B | 6.02B | 7.19B | 4.87B | 5.70B |
| Last Close Price | 81.92 | 91.70 | 109.30 | 120.97 | 75.48 | 82.58 |
| PE Ratio | 20.08 | 18.77 | 17.10 | 15.87 | 7.34 | 10.47 |
| Forward PE | 17.13 | 16.58 | 16.17 | 16.21 | 9.78 | 12.98 |
| PS Ratio | 0.70 | 0.84 | 1.02 | 1.07 | 0.51 | 0.63 |
| PB Ratio | 1.48 | 1.72 | 2.10 | 2.54 | 1.88 | 2.69 |
| P/TBV Ratio | 1.75 | 2.07 | 2.50 | 3.13 | 2.35 | 3.51 |
| P/FCF Ratio | 23.18 | 19.27 | 16.61 | 9.96 | 7.43 | 15.03 |
| P/OCF Ratio | 11.83 | 9.76 | 10.60 | 8.09 | 5.87 | 10.59 |
| PEG Ratio | 1.19 | 1.19 | 1.01 | 0.61 | 0.81 | |
| EV/Sales Ratio | 0.63 | 0.74 | 0.90 | 1.00 | 0.51 | 0.66 |
| EV/EBITDA Ratio | 8.76 | 8.89 | 9.30 | 9.24 | 4.55 | 6.82 |
| EV/EBIT Ratio | 13.99 | 12.82 | 12.07 | 11.12 | 5.09 | 7.73 |
| EV/FCF Ratio | 20.65 | 16.93 | 14.66 | 9.22 | 7.40 | 15.78 |
| Debt / Equity Ratio | 0.08 | 0.12 | 0.11 | 0.13 | 0.15 | 0.22 |
| Debt / EBITDA Ratio | 0.51 | 0.62 | 0.51 | 0.46 | 0.35 | 0.50 |
| Debt / FCF Ratio | 1.21 | 1.29 | 0.87 | 0.49 | 0.59 | 1.21 |
| Net Debt / Equity Ratio | -0.16 | -0.19 | -0.26 | -0.25 | -0.08 | 0.06 |
| Net Debt / EBITDA Ratio | -1.07 | -1.12 | -1.31 | -0.99 | -0.19 | 0.14 |
| Net Debt / FCF Ratio | -2.52 | -2.14 | -2.06 | -0.99 | -0.31 | 0.32 |
| Asset Turnover | 1.55 | 1.55 | 1.63 | 1.88 | 2.78 | 3.06 |
| Inventory Turnover | 7.66 | 7.29 | 7.49 | 6.82 | 8.09 | 9.45 |
| Quick Ratio | 2.41 | 2.97 | 3.38 | 3.06 | 2.05 | 1.38 |
| Current Ratio | 3.86 | 4.59 | 4.88 | 4.41 | 3.70 | 2.67 |
| Return on Equity (ROE) | 7.44% | 9.34% | 13.29% | 18.20% | 30.52% | 31.57% |
| Return on Assets (ROA) | 4.34% | 5.58% | 7.63% | 10.51% | 17.27% | 16.32% |
| Return on Invested Capital (ROIC) | 7.83% | 11.24% | 16.49% | 21.17% | 31.84% | 31.67% |
| Return on Capital Employed (ROCE) | 8.10% | 10.30% | 13.70% | 18.70% | 31.20% | 29.90% |
| Earnings Yield | 4.98% | 5.54% | 6.08% | 6.63% | 14.18% | 9.87% |
| FCF Yield | 4.31% | 5.19% | 6.02% | 10.04% | 13.46% | 6.65% |
| Dividend Yield | 1.76% | 1.49% | 1.18% | 0.87% | 1.20% | 0.74% |
| Payout Ratio | 35.29% | 27.93% | 19.49% | 13.27% | 8.50% | 7.51% |
| Buyback Yield / Dilution | 6.25% | 3.54% | 2.90% | 0.02% | -0.50% | -0.71% |
| Total Shareholder Return | 8.01% | 5.03% | 4.08% | 0.90% | 0.70% | 0.03% |