NYSE : LPX
Louisiana-Pacific Corporation — Financial statements
Industrials · Building Products & Equipment · United States
Last price 73.46 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.14B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Louisiana-Pacific Corporation (LPX) reported revenue of 2.47B 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 | 2.47B | 2.71B | 2.94B | 2.58B | 3.85B | 3.92B |
| Cost of Revenue | 2.02B | 2.12B | 2.11B | 1.98B | 2.35B | 1.95B |
| Gross Profit | 445.00M | 589.00M | 831.00M | 600.00M | 1.50B | 1.96B |
| Selling, General & Admin | 333.00M | 329.00M | 291.00M | 257.00M | 270.00M | 224.00M |
| Other Operating Expenses | -1.00M | 6.00M | -1.00M | -4.00M | ||
| Operating Expenses | 333.00M | 328.00M | 297.00M | 257.00M | 269.00M | 220.00M |
| Operating Income | 112.00M | 261.00M | 534.00M | 343.00M | 1.23B | 1.74B |
| Interest Expense | -16.00M | -15.00M | -14.00M | -14.00M | -11.00M | -14.00M |
| Interest & Investment Income | 16.00M | 16.00M | 22.00M | 18.00M | 14.00M | 1.00M |
| Earnings From Equity Investments | 1.00M | 13.00M | 3.00M | 4.00M | 4.00M | |
| Currency Exchange Gain (Loss) | 1.00M | -15.00M | 9.00M | -40.00M | -11.00M | -8.00M |
| Other Non Operating Income (Expenses) | -1.00M | 2.00M | 1.00M | |||
| EBT Excluding Unusual Items | 113.00M | 248.00M | 563.00M | 312.00M | 1.23B | 1.73B |
| Merger & Restructuring Charges | -11.00M | -12.00M | 1.00M | -40.00M | -7.00M | -1.00M |
| Impairment of Goodwill | -5.00M | |||||
| Gain (Loss) on Sale of Assets | -3.00M | -2.00M | 6.00M | -1.00M | -2.00M | |
| Asset Writedown | -23.00M | -40.00M | -5.00M | -6.00M | -1.00M | -1.00M |
| Legal Settlements | 3.00M | -16.00M | ||||
| Other Unusual Items | -4.00M | -74.00M | -17.00M | |||
| Pretax Income | 76.00M | 196.00M | 560.00M | 252.00M | 1.16B | 1.70B |
| Income Tax Expense | 22.00M | 50.00M | 140.00M | 74.00M | 274.00M | 402.00M |
| Earnings From Continuing Operations | 54.00M | 146.00M | 420.00M | 178.00M | 885.00M | 1.30B |
| Earnings From Discontinued Operations | 198.00M | 71.00M | ||||
| Net Income to Company | 54.00M | 146.00M | 420.00M | 178.00M | 1.08B | 1.37B |
| Minority Interest in Earnings | 3.00M | 4.00M | ||||
| Net Income | 54.00M | 146.00M | 420.00M | 178.00M | 1.09B | 1.38B |
| Net Income to Common | 54.00M | 146.00M | 420.00M | 178.00M | 1.09B | 1.38B |
| Shares Outstanding (Basic) | 70.00M | 70.00M | 71.00M | 72.00M | 78.00M | 97.00M |
| Shares Outstanding (Diluted) | 70.00M | 70.00M | 71.00M | 72.00M | 78.00M | 98.00M |
| EPS (Basic) | 0.77 | 2.09 | 5.92 | 2.47 | 13.92 | 14.20 |
| EPS (Diluted) | 0.77 | 2.08 | 5.89 | 2.46 | 13.88 | 14.09 |
| Free Cash Flow | -21.00M | 91.00M | 422.00M | -64.00M | 730.00M | 1.23B |
| Free Cash Flow Per Share | -0.30 | 1.30 | 5.94 | -0.89 | 9.36 | 12.55 |
| Dividend Per Share | 1.16 | 1.12 | 1.04 | 0.96 | 0.88 | 0.68 |
| Gross Margin | 18.02% | 21.75% | 28.26% | 23.25% | 38.90% | 50.14% |
| Operating Margin | 4.54% | 9.64% | 18.16% | 13.29% | 31.91% | 44.52% |
| Profit Margin | 2.19% | 5.39% | 14.28% | 6.90% | 28.18% | 35.17% |
| Free Cash Flow Margin | -0.85% | 3.36% | 14.35% | -2.48% | 18.94% | 31.42% |
| EBITDA | 257.00M | 402.00M | 659.00M | 462.00M | 1.36B | 1.86B |
| EBITDA Margin | 10.41% | 14.85% | 22.41% | 17.90% | 35.26% | 47.43% |
| D&A For EBITDA | 145.00M | 141.00M | 125.00M | 119.00M | 129.00M | 114.00M |
| EBIT | 112.00M | 261.00M | 534.00M | 343.00M | 1.23B | 1.74B |
| EBIT Margin | 4.54% | 9.64% | 18.16% | 13.29% | 31.91% | 44.52% |
| Effective Tax Rate | 28.95% | 25.51% | 25.00% | 29.37% | 23.64% | 23.59% |
| Advertising Expenses | 40.00M | 37.00M | 25.00M | 28.00M | 24.00M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 228.00M | 292.00M | 340.00M | 222.00M | 369.00M | 358.00M |
| Cash & Short-Term Investments | 228.00M | 292.00M | 340.00M | 222.00M | 369.00M | 358.00M |
| Accounts Receivable | 110.00M | 94.00M | 98.00M | 102.00M | 104.00M | 155.00M |
| Other Receivables | 33.00M | 33.00M | 33.00M | 53.00M | 23.00M | 14.00M |
| Receivables | 143.00M | 127.00M | 131.00M | 155.00M | 127.00M | 169.00M |
| Inventory | 373.00M | 363.00M | 357.00M | 378.00M | 337.00M | 278.00M |
| Prepaid Expenses | 28.00M | 28.00M | 27.00M | 23.00M | 20.00M | 17.00M |
| Other Current Assets | 1.00M | -1.00M | 1.00M | 68.00M | ||
| Total Current Assets | 773.00M | 809.00M | 855.00M | 778.00M | 854.00M | 890.00M |
| Property, Plant & Equipment | 1.75B | 1.74B | 1.61B | 1.57B | 1.41B | 1.13B |
| Long-Term Investments | 18.00M | 17.00M | 17.00M | 5.00M | 6.00M | 7.00M |
| Goodwill | 19.00M | 19.00M | 19.00M | 20.00M | 19.00M | 19.00M |
| Other Intangible Assets | 7.00M | 11.00M | 30.00M | 32.00M | 17.00M | 20.00M |
| Long-Term Deferred Tax Assets | 11.00M | 8.00M | 4.00M | 11.00M | 7.00M | 2.00M |
| Other Long-Term Assets | 26.00M | 26.00M | 21.00M | 19.00M | 37.00M | 125.00M |
| Total Assets | 2.61B | 2.63B | 2.56B | 2.44B | 2.35B | 2.19B |
| Accounts Payable | 108.00M | 95.00M | 106.00M | 126.00M | 130.00M | 180.00M |
| Accrued Expenses | 109.00M | 148.00M | 141.00M | 105.00M | 129.00M | 117.00M |
| Current Portion of Leases | 9.00M | 9.00M | 8.00M | 6.00M | 8.00M | 7.00M |
| Current Income Taxes Payable | 5.00M | 11.00M | 5.00M | 19.00M | 13.00M | |
| Other Current Liabilities | 14.00M | 34.00M | 33.00M | 17.00M | 50.00M | 34.00M |
| Total Current Liabilities | 240.00M | 291.00M | 299.00M | 259.00M | 336.00M | 351.00M |
| Long-Term Debt | 348.00M | 348.00M | 348.00M | 347.00M | 346.00M | 346.00M |
| Long-Term Leases | 20.00M | 22.00M | 24.00M | 25.00M | 41.00M | 44.00M |
| Pension & Post-Retirement Benefits | 6.00M | 7.00M | 9.00M | 9.00M | 8.00M | 20.00M |
| Long-Term Deferred Tax Liabilities | 195.00M | 177.00M | 145.00M | 162.00M | 113.00M | 86.00M |
| Other Long-Term Liabilities | 54.00M | 51.00M | 60.00M | 78.00M | 73.00M | 108.00M |
| Total Liabilities | 863.00M | 896.00M | 885.00M | 880.00M | 917.00M | 955.00M |
| Common Stock | 85.00M | 85.00M | 86.00M | 88.00M | 88.00M | 102.00M |
| Additional Paid-In Capital | 515.00M | 508.00M | 478.00M | 465.00M | 462.00M | 458.00M |
| Retained Earnings | 1.63B | 1.62B | 1.61B | 1.48B | 1.37B | 1.24B |
| Treasury Stock | -386.00M | -385.00M | -386.00M | -386.00M | -388.00M | -390.00M |
| Comprehensive Income & Other | -103.00M | -98.00M | -122.00M | -89.00M | -100.00M | -174.00M |
| Total Common Equity | 1.74B | 1.73B | 1.67B | 1.56B | 1.43B | 1.24B |
| Minority Interest | 4.00M | |||||
| Shareholders' Equity | 1.74B | 1.73B | 1.67B | 1.56B | 1.43B | 1.24B |
| Total Liabilities & Equity | 2.61B | 2.63B | 2.56B | 2.44B | 2.35B | 2.19B |
| Total Debt | 377.00M | 379.00M | 380.00M | 378.00M | 395.00M | 397.00M |
| Net Cash (Debt) | -149.00M | -87.00M | -40.00M | -156.00M | -26.00M | -39.00M |
| Net Cash Per Share | -2.13 | -1.24 | -0.56 | -2.17 | -0.33 | -0.40 |
| Filing Date Shares Outstanding | 69.92M | 69.83M | 69.69M | 72.25M | 71.77M | 85.86M |
| Total Common Shares Outstanding | 70.00M | 70.00M | 70.00M | 72.16M | 71.75M | 85.64M |
| Working Capital | 533.00M | 518.00M | 556.00M | 519.00M | 518.00M | 539.00M |
| Book Value Per Share | 24.91 | 24.73 | 23.87 | 21.58 | 19.97 | 14.42 |
| Tangible Book Value | 1.72B | 1.70B | 1.62B | 1.50B | 1.40B | 1.20B |
| Tangible Book Value Per Share | 24.54 | 24.30 | 23.17 | 20.86 | 19.47 | 13.97 |
| Land | 231.00M | 225.00M | 215.00M | 212.00M | 193.00M | 168.00M |
| Buildings | 530.00M | 525.00M | 500.00M | 493.00M | 428.00M | 333.00M |
| Machinery | 2.67B | 2.60B | 2.46B | 2.35B | 2.12B | 1.93B |
| Construction In Progress | 300.00M | 298.00M | 248.00M | 236.00M | 253.00M | 201.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 54.00M | 146.00M | 420.00M | 178.00M | 1.09B | 1.38B |
| Depreciation & Amortization | 145.00M | 141.00M | 125.00M | 119.00M | 129.00M | 114.00M |
| Other Amortization | 7.00M | 4.00M | 1.00M | |||
| Loss (Gain) From Sale of Assets | -157.00M | |||||
| Asset Writedown & Restructuring Costs | 27.00M | 44.00M | 5.00M | 30.00M | 1.00M | 6.00M |
| Stock-Based Compensation | 30.00M | 30.00M | 20.00M | 13.00M | ||
| Other Operating Activities | 50.00M | 45.00M | -15.00M | 104.00M | 112.00M | 26.00M |
| Change in Accounts Receivable | 34.00M | 9.00M | 3.00M | -8.00M | 22.00M | -14.00M |
| Change in Inventory | -10.00M | -18.00M | 9.00M | -46.00M | -66.00M | -71.00M |
| Change in Accounts Payable | -27.00M | -2.00M | 23.00M | -40.00M | 15.00M | 46.00M |
| Change in Income Taxes | -48.00M | -18.00M | 19.00M | -33.00M | 6.00M | -5.00M |
| Change in Other Net Operating Assets | -4.00M | 1.00M | -5.00M | -1.00M | -7.00M | |
| Operating Cash Flow | 258.00M | 382.00M | 605.00M | 316.00M | 1.14B | 1.48B |
| Capital Expenditures | -279.00M | -291.00M | -183.00M | -380.00M | -414.00M | -254.00M |
| Sale of Property, Plant & Equipment | 1.00M | 9.00M | ||||
| Divestitures | 268.00M | |||||
| Investment in Securities | -17.00M | |||||
| Other Investing Activities | 16.00M | -5.00M | 7.00M | |||
| Investing Cash Flow | -279.00M | -291.00M | -183.00M | -376.00M | -146.00M | -247.00M |
| Long-Term Debt Issued | 80.00M | 350.00M | ||||
| Long-Term Debt Repaid | -80.00M | -359.00M | ||||
| Net Debt Issued (Repaid) | -9.00M | |||||
| Repurchase of Common Stock | -61.00M | -212.00M | -900.00M | -1.30B | ||
| Common Dividends Paid | -81.00M | -78.00M | -74.00M | -69.00M | -69.00M | -66.00M |
| Other Financing Activities | -2.00M | -2.00M | -6.00M | -8.00M | -13.00M | -13.00M |
| Financing Cash Flow | -83.00M | -141.00M | -292.00M | -77.00M | -982.00M | -1.39B |
| Foreign Exchange Rate Adjustments | -1.00M | 1.00M | -12.00M | -24.00M | -5.00M | -14.00M |
| Miscellaneous Cash Flow Adjustments | 1.00M | 1.00M | 1.00M | 1.00M | ||
| Net Cash Flow | -104.00M | -48.00M | 118.00M | -161.00M | 12.00M | -164.00M |
| Free Cash Flow | -21.00M | 91.00M | 422.00M | -64.00M | 730.00M | 1.23B |
| Free Cash Flow Margin | -0.85% | 3.36% | 14.35% | -2.48% | 18.94% | 31.42% |
| Free Cash Flow Per Share | -0.30 | 1.30 | 5.94 | -0.89 | 9.36 | 12.55 |
| Levered Free Cash Flow | -96.00M | 26.75M | 367.00M | -188.38M | 526.88M | 948.62M |
| Unlevered Free Cash Flow | -86.00M | 36.12M | 375.75M | -179.62M | 533.75M | 957.38M |
| Cash Income Tax Paid | 23.00M | 42.00M | 124.00M | 65.00M | 320.00M | 421.00M |
| Change in Working Capital | -55.00M | -28.00M | 49.00M | -128.00M | -30.00M | -44.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.13B | 5.62B | 7.27B | 5.11B | 4.24B | 6.89B |
| Enterprise Value | 5.28B | 5.69B | 7.30B | 5.33B | 4.16B | 6.67B |
| Last Close Price | 73.31 | 79.80 | 101.08 | 68.33 | 56.22 | 73.37 |
| PE Ratio | 95.21 | 38.52 | 17.32 | 28.70 | 3.91 | 5.01 |
| Forward PE | 45.79 | 25.90 | 19.82 | 19.26 | 14.06 | 8.55 |
| PS Ratio | 2.08 | 2.08 | 2.47 | 1.98 | 1.10 | 1.76 |
| PB Ratio | 2.94 | 3.25 | 4.35 | 3.28 | 2.96 | 5.56 |
| P/TBV Ratio | 2.98 | 3.31 | 4.48 | 3.39 | 3.04 | 5.76 |
| P/FCF Ratio | 61.81 | 17.23 | 5.81 | 5.61 | ||
| P/OCF Ratio | 19.87 | 14.72 | 12.02 | 16.16 | 3.71 | 4.65 |
| PEG Ratio | 4.02 | 1.27 | 2.64 | 2.69 | 2.69 | 2.69 |
| EV/Sales Ratio | 2.14 | 2.10 | 2.48 | 2.06 | 1.08 | 1.70 |
| EV/EBITDA Ratio | 20.53 | 14.14 | 11.08 | 11.54 | 3.06 | 3.59 |
| EV/EBIT Ratio | 47.10 | 21.79 | 13.67 | 15.54 | 3.39 | 3.83 |
| EV/FCF Ratio | 62.49 | 17.30 | 5.71 | 5.42 | ||
| Debt / Equity Ratio | 0.22 | 0.22 | 0.23 | 0.24 | 0.28 | 0.32 |
| Debt / EBITDA Ratio | 1.41 | 0.92 | 0.57 | 0.79 | 0.29 | 0.21 |
| Debt / FCF Ratio | 4.17 | 0.90 | 0.54 | 0.32 | ||
| Net Debt / Equity Ratio | 0.09 | 0.05 | 0.02 | 0.10 | 0.02 | 0.03 |
| Net Debt / EBITDA Ratio | 0.58 | 0.22 | 0.06 | 0.34 | 0.02 | 0.02 |
| Net Debt / FCF Ratio | -7.09 | 0.96 | 0.10 | -2.44 | 0.04 | 0.03 |
| Asset Turnover | 0.94 | 1.04 | 1.18 | 1.08 | 1.70 | 1.83 |
| Inventory Turnover | 5.45 | 5.89 | 5.74 | 5.54 | 7.66 | 7.27 |
| Quick Ratio | 1.55 | 1.44 | 1.57 | 1.46 | 1.48 | 1.50 |
| Current Ratio | 3.22 | 2.78 | 2.86 | 3.00 | 2.54 | 2.54 |
| Return on Equity (ROE) | 3.10% | 8.58% | 26.02% | 11.91% | 66.24% | 104.87% |
| Return on Assets (ROA) | 2.66% | 6.30% | 13.37% | 8.96% | 33.84% | 50.91% |
| Return on Invested Capital (ROIC) | 4.15% | 11.02% | 23.39% | 15.28% | 68.63% | 112.15% |
| Return on Capital Employed (ROCE) | 4.70% | 11.20% | 23.70% | 15.70% | 61.10% | 94.60% |
| Earnings Yield | 1.05% | 2.60% | 5.78% | 3.48% | 25.59% | 19.97% |
| FCF Yield | -0.41% | 1.62% | 5.80% | -1.25% | 17.20% | 17.84% |
| Dividend Yield | 1.64% | 1.39% | 1.00% | 1.36% | 1.49% | 0.84% |
| Payout Ratio | 155.84% | 53.42% | 17.62% | 38.76% | 6.35% | 4.79% |
| Buyback Yield / Dilution | 1.41% | 1.39% | 7.69% | 20.41% | 12.50% | |
| Total Shareholder Return | 1.64% | 2.80% | 2.39% | 9.05% | 21.90% | 13.35% |